The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1856-04-16


erwise deal in OF receive in deposit money
bills Of exchange. uotes, bends, stocks, GER
ii6eates Of public debt. or other evidence Of
debts claims VI demands. with view Of pro.
Ct, shall be deemed bank within the mea'
niag Of this act, aud for the purpose Of car.
rying out It's provisions. t
Sec. 8. The word money" and (he word
moneys" whenever used in this act. or in
the acts to which this is amsndalory, shall
for all purposes Of assessment en1 taxation,
be held to have the sane meaning. and
shall be undc rstood 70 nean and include,
First Gold and silver coin;
Seeond--God and silver in bars or other
-uneoined masses, Whether the ysius be
stamped thereon or nVI RsEEE8E
Third Bank notes designed or csleula-
ted to circulate IS money, in all ca,es where
such gold. silver or bank notes shall be in
actual possession or subjectate be brought
Immediately into possession.
Fourth Deposits in banks or with per-
sons within this State, subject to be With
drawn BY cleck. drast. or otiitrwisc. in
money, on 9emaRd.
FlfLh-Deposits subject TO be Withdrawn
in money at any time within sixty days, 10
banks within this State not subject TO taxa
lion under tbs provisions OF this act. or with
banks, bankers. or other persons not within
this State @ @f ,d5'
Sec. a. Money shah for every purpose of
assessment and taxation hereafter, be held
to be personal property - and the term
personal property" wherever used in this
act or iu the acts to which this is amendato-
ry, shall be held toextead TO and include
money. sas aaz ustIus ss sul b. sus
Sec. g. The term "csedits," wherever u.
sed in this act, or the acts to which this Is
amendatory, shall be- held to mean The ex.
cess of the sum Of all legal claims and de
mands, whether for money or other Salua-
bic thing. or for labor or service due or to
become due to the persoR liable to pay tan
es thereon. including deposits in banks or
with persons in or out of this State, other
,han such as are held to be money as de6.
ned by the fifth division Of the third ssctien,a
when added together. lss,imalins sssE5
such claim OF demand at It's true vaius Ia
money, over and above ths sum OF the ls.
gal, bona tide debts owing Wy such persons.
Butin making up the SUN Of such debts
owing, there shall be taken into account
no obligation to a.y mutual Insurance con
pany, nor any unpaid subscription to the
capital stock Of any joint stock company,
nor any subscription tor any religious, sci
entifls, literary, or charitshIe purpose--nor
any acknowledgment OF indebtuess ug!esS
founded on seine consideration actually Ie.
ceived and believed at the ssnio time Il ma.
kin, such ackno Slsdgment to be . tail con-
SlderaIion therefor, nog any acknowleds Rent
Of debt made for the parpose OF dim lRsshing
the amount Of credits TO be listed for taxa.
alton; nor any greater amount or portion Of
any liability Al surety, than the person re-
quired to make statement of such credits
believes such surety is in equity bound,
and will be compelled to pty OF centnaute, ;
10 caSs there be- co secRtlLles. as
Sec. s. no person shall be required to
list for TAX stou any certificate of the eap
tai stock ofony company the capital stock
and property Of which is taxed in the name
Of said company. Pc sonai property oil ev
cry description and ese3its, shall be assess
ed'ia the name Of the person who was the
owner thereof on the day next proceeding
the second Monday of = pril in tae year IN
which such assessment shall be made. IL
auy person shall, for the purpose .favoldiug
the sting Or the payment Of taxes on any
property subject " taxation, sell, give away
or Otherwise dispose OF any such properly
under or subject TO any agreement express
ed or implied, or any understanding with
0 purchaser. denee or recipient thereof,
that the same is TO be reconV.yed. res ored,
Or redeliveIed to the person SO dlsposng Il
such properly. he shall forfeit sn1 pay for
the use of the eonntry double the amount
OF tax, chargeab!e Oh susn property tor The
carrGat year.
Sec. 7. Every bank shall annually, be,
tween the frat and second monday Of May
make out, and, on the demand of the aSsts
sof, TO deliver 10 hiHR CORRECT statement,
attested by the oaths OF the president and
cashier ot such BANKS. or il there be no pre-
sdcnt or cashier, then by the oath OF the
principal manager and the principal occoun
tant oil such bank, setting forth and spesi
| lying the mean amount ot the notes and
bills discounted or purchased, moneys oau-
ed. and all other property. effects or dues Of
every description vi and belonging to sach
baak during the year ending tue ivst Mon.
day of May in the then current year; which
| . ,atcmenl the assessor shall deliver 10 The
county auditor with Ills statements and lists
Vi personal property aud credits. i -ai 4
| Sec 8 Such mean amount shall DO as
certained by adding logether the sum OF the
several items specified IN the preceding see
tion, the property Of such bank, and EN-
ployed ia, or pretaning 10 its banking bus
iness. as they existed on the tTst Monday
Of each Mouth, after the close OF business
on those days. during ihe year ending on
The FIRST Monday Of May, or during such
part ot the year as such bank shall have
been doing banking business. il less than
the whole year. aud deyiding the gross a.
mount OF suc.l monthly sums by the number
OF months so added together. gia.,il + ..
Sec. 6, Every bank shall ct the time d
making out and delivering e the assessor
the statement required by the seventh sec,
llion Of this act. also make out and deliver e
the assessor staIement verified. as reqai
lTed in the said section, setting fouth
! First--The amount of capital. whether
J divided into shares. or not. actually paid. il
or secured to be paid by ate or otherwise
Or in any manner procured or furnished K
be employed in its banking business.
Second---The amount 81 undEided profit!
arising from such business belongingto The
bank, whether In ils posse ssioa or subiec
4 to is controla Or loaned OF Otherwise iages
ted for its benefit; ss.a ,ae,g s,t Il
| Third The amount Of moneys loaned {