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


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tins act, also make out and deliver 10 the as
SCISSOR statement verified, ss required liz the
said section, setting forth,
First-the amount OF Capital, whether di-
vited into shares or not actually paid in OF So
cured 10 be paid by noie or otherwise. or in
any manner procured or furn Bhed 10 be en-
|ployed in its bonki ing business,
Second-the smoun: OF undivided .Profts
arising from such business belonging 10 the
bank, whether in its possession or subject 10
its conirol, or loaned, or otherwise invested
for its benefit;
Third-The amount OF moneys loaned 10 or
deposited with such bank for a term; certain,
or which by agreement or understanding be-
tween the parties, are not to be Withdrawn on
demands; which several amounts shall truly
represent the condition OF the means, proper
~ and assets Of tie bank described in this sec.
tion, as they shall have exIS ed on the day
next proceeding the second Monday in April,
and shall be added together, and the gross sum
so produced, shall be deemed the amount Of
property employed in banking fer the, then,
current year by such bank.
SECTION 10. The assessor shall return 10
the county auditor the statement described in
the foregoing section made BY any bank in
his township or ward with The statement re-
qnired ofsuch bolk by the seventh section Of
this act.
SECTION IL. The county auditor shall enter
upon his list OF taxable property, end on the
tax duplicate, for the, then, current year, 10
be delivered 10 the county treasurer the gross
amount OF the notes or bills discounted or pur.
chased, moneys loaf ned, and all other property
effects or dues Of every description, without
deduction) Of every bank in his cou nty agree
ably 10 the Statemen. made by such bank in
accordance with the. seventh section of this
act, and returned to him by the assessor and
shall charge on such gross amount so entered
on the tax duplicate such rates of taxes as will
Iproduce the same sum as would be produced
by charging on the amount Of property employ
ed by such bank in banking as
provided in the ninth section the same rate o +
lax as are charged, for the same year, on tie
! proper|yo OF individuals in the township incor-
porated village or city in which such bank is
situated or ,ranSactS IFS banking business.
SECTION IL That nothing in this act shal |
he so construed as 10 require 10 be listed for
taxation, any Investments made in ceItifi
cafes of the public debts OF this State, nor
! shall this act apply 10 any bank or corporation
which, by any OF The provisions OF the conSti-
tuition Of lhe UniIed States, can only be taxed
according 10 the terms OF lis charter, and every
such bank or other corporation shall be taxed
in accordance with the provisions Of lis chat
Ter.
SEcrIoN l3. The Olio Life Insurance and
, Trust Company, by its President and asher,
S or Assistant Cashier, shall, on or before The
first Monday Of May in each year, make out q
, statement ar.esied by the oath of said officers,
OF its moneys loaned, and its dues Of every de-
Scription, in the several counties in which il
1 shall have any such loans, and have any such
0 dues, as they existed on the day next proceed
I ing I e second Monday of April prev ouS, and
e transmit the same Immediately to the County
d Auditor o! such counties respectively, who
sha Sevefally enter the same upon their tax
Z lists, and charge The same with The average
S rate oil taxes levied for all purposes on per-
S sonai property throughout their respective
!, counties, and the sail company shall make
I ou: and deliver TO the assessor for the ward in
. which its principal office is located, the state
= meat required nf olher banks by the seventh
7 and ninth sections of this acl, in the manner
d sucn Other banks are required 10 do, IN regard
i 10 all its taxable property and credits, moi re-
turned 10 the several counties as hereinbefore
e described, which properly and credits shall be
VI taxed in the same minner as these OF other
: banks.
S SECTION IA. Sections, ten, fifteen, nine
= teen, twenty and twenty-five, of the act en-
" titled, "an ac for the assessment and taxation
'l Of III property in this State, and for levyinI
n taxes thereon according to its true value il
|. money" passed April Is, 1852, are hereby re
'l pealed.
SECTION Is. This act shall take effect snt
e be in force fem and after the first day o.
a April, 1856.
l. N. H. VAN WORRIES,
/. Speaker Of the House OF Representatives..
ID WIN. LAWRENCE,
u President Of the Senate, pro TEN.
= April 1, 1856.
IL hereby certify that the foregoing acts ar
'e correctly copied from the original rolls on fill
in this office. JAM S ALBERT.
10 Aduitor, Preble County, o.
III