True American. [volume] (Steubenville [Ohio]) 1855-1861, 1856-05-07
mo. 1917 ANACT

lNo' 4oA' AN AOA
TO tax banks and banking companies in
corporated under the act entitled ian
act TO incorporate the State Bank of
Ohio and other banking companies"
passed February "a, l845.
SECTION l.. Be 1t enacted by the Cen
eraI assembly ofthe State Of Ohio. That
it shall be the duty of the president and
cashier of each banking company organ-
zed under the act entitled ian act TO in
corporate the State Bank of Ohio and 9TH
er banking companies" passed February
"a, 1915, on or before the SECOND Mon
day of May, in each year, to make ont
under oath, and return to the proper as
SCISSOR Of the township, town or ward
where such company is located, certif-
cate containing statement Of the amount
of the capital stock Of such company paid
in and remaining as capital stock undi-
minished by losses or otherwise, togeth-
er with the amount Of surplus and contin-
gent fund and undivided profits accrued
prior to the first Monday of the preceding
November, as the same were on the day
preceding the second Monday in April;
prior to the said second Monday in May;
and the amount so returned shall be pla-
ced on the county duplicate, and on the
city duplicate, where city taxes are col
lected on separate duplicate, and taxed
as other personal property in the same
township, town, village or ward may be
taxed by law. In making the certificate
aforesaid, any portion of said capital stock,
surplus or contingent fund or undivided
profits invested in real estate which is
subject to taxation under the laws of this
State, may be deducted, but the certificate
shall specify the amount SO deducted.
SECTION 2. Each assessor of any
township or ward within The limits of
which any such bank or banking compa'
ny may be located, in case any president
or cashier of such bank or banking com.
pany shall refuse or neglect to make out,
and deliver 10 The assessor the statement
herein required, after the provisions of
this act shall have been accepted by such
bank as hereinafter provided, shall, as in
other cases ascertain the amount of such
capital stock, surplus and contingent fund
and undivided profits, and shall return
the same 10 the county auditor, or to such
other officer as the law regulating his du.
ties may require, and the amount thus as
certained, with the addition of fifty per
centum thereof, shall be entered upon the
proper duplicate for taxation; provided.
that in cases where city taxes are assess
ed and collected by the city authorities,
the taxes upon banks, as provided for in
this act, shall be assessed and collected
the same as city taxes upon other prop
erty for the time being are assessed and
collected in such city,
SECTION 3. 1t shall be the duty of
every assessor in whose jurisdiction there
shall be located any such bank or bank
ing company, 10 leave with some proper
officer of such bank or banking company,
notice to make out and deliver the state
ment required in the FIRST section of this
act.
SECTION 4. That each and every
bank or banking company accepting the
provisions Of this act shall make out and
transmit a certificate thereof 10 the audi
tor of the county in which such bank or
banking company is located and shall
also transmit certified copy Of such ac-
ceptance TO the auditor of state who shall
file the same in his Office.
| SECTION S. This act shall not be con-
strued to repeal the sixteenth [ sixlieth
section of the act ''to incorporate the
state bank of Ohio and other banking
companies" aforesaid, but 10 suspend the
operation of said section as 10 The several
companies accepting the provisions here
Of during the time they shall continue to
be taxed as provided in this act,
N. H. VAN WORRIES,
Speaker of the House Of Representatives.
THOMAS H. FORD,
President Of the Senate,
April 9th, 1866.
| - ~ t'"
mo. 1927 AN ACT N.
Supplementary TO an act entitled "an act
prescribing the duties Of supervisors,
and relating TO roads and highways,ss
passed February is, 1853.
l-l SRcrroN I. BS;t enacted by the Gen.