Eaton Democrat. [volume] (Eaton, Ohio) 1843-1856, 1856-04-17

upon transcripts filed in vacation or during
term at any time after the first day Of the
,erm, at or before which The same may be led
in the snme manner as il the judgements had
been taken in court, snd the Sheriff shall re-
turn the same as other executions, and in case
of sale Of real estate, his proceedings shall be
examined aud approved by the court as in other
cases.
NH. VAN WORRIES,
Speaker Of the House OF Representatives.
THOMAS H. FORD,
President oflhe Senate.
March 29!h, 1856.
AN ACT
Further 10 amend can act for the assessment
and taxation Of all property in this Stale,
and ior levying taxes thereon according 10
It's tue value in money" and the several
acs supplementary and amendary thereof.
SECTION |. Be ii enacted by the General As.
sembiy Of the Slate Of Ohio, That the word
'perSOn," wherever used in this act, shall
also be held 10 apply 10 and mean ''persons,"
and also "company" and companies" wheth-
Ell Incorporated or not;'the word "he," shall be
held 10 mean as well "She" or "hem," and
the word "his" 10 mean also hsrs" or theirs
as The sense may indicate, except in cases
where one OF sa id words is used in contradis
tinction from anoher.
SECTIoN 2. Every corporation, company,
individual, person or association Of persons,
whether aulborized by law 10 issue notes for
circulation OF nol that shall keep an Office,
counting house, or other p lace fof'lhe tranSac-
tion Of business in this State, and shall dis
count, buy, sell, exchange, or otherwise deal
in or receive in deposit money, bills OF ex-
change notes, bonds, stocks, certificates OF
public debt, oriotiicr evidence Of debS, claims
or demands, with view Of profit, sha II be
deemed bank within ilre meaning Of this act
and for the purpose Of carrying out IFS proyis-
| ions.
SECTION 3. The word "money," and the
word moneys" whenever used in this act, OF
in the acts 10 which this is amendalory, shall,
for all purposes OF assessment and taxaiionr
be held 10 have the same meaning, and shal
be understood 10 mean and include,
FHSt-GoId and silver coin;
Second-Gold and silver in bars or othel
uncOined masses, whether The value be stamp
ed thereon or not;
Third-Bank notes designed or calculated
10 circu late as money, in oil cases where sucl
gold, silver, or bank notes shall be in actua
possession or subject TO be brought immediate
| ly into possession.
! Fourth Deposits in banks or with persons
within this State, subject 10 be Withdrawn b!
check, draft, or otherwise, in money, on de.
mand.
! Fihh-Deposits subject 10 be Withdrawn il
money al any time within sixty days, in bank
within this State, not subject 10 taxation un
> d. ha ictn nc ant hon ko
. bankers, or other persons not within thi
, Stale.
, SECTION 4. Money shall for every purpose o
: assessment and taxation hereafter, be held Il
be personal properly-and tie Term "ptrscna
property" wherever used in this act, or in th
acs 10 which this is amendatory, shall be hel,
. 10 extend 10 and include money.
: SECTION 5. The term "credits," wher We
E USED in this act, or in the acts to which this
E amendalory, shall he held 10 mean the exces
, OF The sum Of all legal claims and demands
= whether for money or other valuable Thing, o
T for labor or service due or 10 become due L
e the person liable 10 pay taxes thereon, inclu
i! ding deposits in banks or with persons in O
d out Of this State, other than such as are he'll
g 10 be money as defined by the 9th division 0
: the third section, when added together, (esli
n value in money! over and above the sum
(; the legal, bona ide debts owing by such per
{ son. But in making up the sum OF such deb
T owing, there shall be taken IN account no oh
: legation 10 any mutual insurance company, nc
o any unpaid subscription to the capital Stock {
e any JOINT stock company, nor any subscIptio
for any religious, scientific, literary, or char
: table purpoSeS-nor any acknowledgement
d any Indebtedness unless founded on some cor
J., siderolion actually received and believed at III
Il time Of making such acknowledgement; 10 be
II full consideration therefor; nor any acknow
: edgement Of debt made for the purpose Of d
u mnishing the amoUnt of credits 10 be lIste
n for taxation; nor any greater amount or PORTO
. o any liability as surety, than The person II
e quired 10 make statement Of such credits he
e leyeS such surety is in equity bound, and wi
De compelled to pay, orlo contribute, in cas-
II there be co-securties
II SECTION 6. No person shall be required
:, list Tor taxation any certificate OF the capiti
d stock of any company, The capital stock an
y properly Of which is taxed in The name OF sal
e company. Personal property of every descril
It ton and credits, shall be assessed ia the nan
n of the peIson who was The cwner thereof Q
e the day next proceeding the second Monda
IS Of April in the year in which such aSsessmel
: shall be made. If any person shall, 70: Il
purpose Of avoiding the listing or the paymeI
. OF taxes on any property subject to taxation
e sell, give way or Otherwise dispose OF any sue
m property under or subject 10 any agreeme
expressed or implied, or any understanjr in
with tue purchaser, donee or recipient there
that the same is 10 be reconveyed, restored,
redeliyered 10 The person so dsposing of sue
property, be shall fcrfeit and pay for the u
OF tue county double the amour, of tax, charg
able on such property for The current year.
SECTION 7. Every bank shall, annually, b,
Ie tween the first and second Monday OF Ma
Df make Out, and, on the demand of the asses
OF, deliver 10 him co-rect statement, ateS
5 ed by The ths of the president and cashie.
Is such bank, or if;lere be no pres dent or cas-
CT ier, then by The ,oatbs Of the principal man,
'dl ger aud The principal accountant Of such bar
,s setting forth and specifying the mean amuu
. Of The notes and bills discounted or purchase
NJ moneys loaned, and all other property, effec
nj or dues OF every description Of and belong il
~ n such hank during the yeai ending the fiji
nj Monday Of May IN the then current year; whit
III statement the assessor shall deliver 10 II
,e county auditor, with his statements and lis
Ol OF PERSONAL property and credits.
q SEcrIoN 8. Such mean amount shall be o
Ie cerlainet by adding together the sum OF Il
,e several items specified in the preceding Sc
III tim, The properly Of such, bank, aud emplo
Of ed i5, or pertaining 10 its banking business,
e they existed on the First Monday Of ca,
M Month, after The close Of business ON thu