The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1856-04-16
mo. IS. AN ACT,

rurtherto amend San act for the assessment and
taxation Of all property in this State, a md for
levying taxes thereon according to its true
value IN money " and the several acts supple
mentary and ~amendatory thereof.
SEcr.oN l. Be u Enacted 6y the Gen
eraE 4sssns6sy Of The Stale Of Ohio,
That the word person." wherever used
in ihis act, shall also be held to apply TO
and mean '.Pers0ns," and also .'cOnspG-
NY and s.eonlpanies," whether incorpo-
rated or not ; the word 'tke," shall be
held 20 mean as we'll "She" or "thrm,' "
and the word ''his," to mean also "has'
or "fksirs." as the sense may Indicate,
except IN cases where one of said words
IL used TO eontradistiEction from another.
SECTION 2. Every corporation, COM
paDy, individual, person OF association of
persons, Whether authorised by Law to
issue notes for circulation OF not, that
shall keep an Office, counting house, or
other place for the transaction of BUSH
ness in this State, aud shall discount,
bus, sell, exchange, or otherwise deal IN
or receive in deposit money. bills of ex-
change, notes, bonds, stocks, certificates
ofpublic debt, or other evidence of debts,
claims or demands, with a view of profit,
shali be deemed a bank within the mean
ing Of this act, and for the purpose of
carrying out its provisions.
SEcrioN 8. Tho word money" and
the word .sna0neys," whenever used in
this act, or in the acts to which this is
Aneudatory, shall, for all purposes OF az
s~c.s,nent aud taxation. be held to have
the came meaning, and shall be under
ssoodso mean and include,
EfT@-Geld aud silver coin;
SecoHS-Gold aud silver in bars or
other nnesiued masses, whether the val
ne be STAMPED thereon or not;
IHird-Bsnk notes designed or calcu-
lated to circulate as money. IN all cases
where such gola, silver, or bauk notes
shall be in actual possession or subject
10 be brought Immediately into posses
sion.
FourtA-Deposits Ia banks or with
persons within this State, subject to be
Withdrawn by cheek, draft, or otherwise,
In money, on demaud.
N6h-Deposits subject to be with.
drawn In money at any time within sixty
days, in banks within this STAG, no,
subject to taxation under the provisions
of this act, OF with banks, bankers, OF
other persons not wi hin this State.
SEcIIon 4. Money shall, for every
purpose of assessment and taxation here
after, bo held to be personal property
aud the term "PersosaI pr0perty,'
wherever used in this act. or in the acts
to which this is amendatory, shall be
held to extend TO aud include money
SECTION 5. The term credits y
wherever used in this act, or in the acts
60 which this il smendatory, shall be
held 20 mean the excess of the sum of
all legal claims and demands, whether
for money or other valuable thing, or
Tor labor or service due or to become due
90 the person liable to pay taxes the. E.
on, including deposits III banks or with
persona in. or oat of this State, other
than such As are held to be money as de-
6ned by the fifth division of the third SEQ
tion, when added together, {estimatiag
every such Claim or demand at its true
value In money! over aud above the sum
of che legal, bona fde debts owing by
zach person. But in making up the sum
Of such debts owing, there shall be taken
into accoun no obligation to any mutu.
al issurance company, nor any unpaid
subscription to the capital stock of any
joint stock company, nor any subscrip.
tion for any religious, scientific, literary,
or charstable purpose-nor any acknow.
ledgment of Indebtedness unless founded
On some consideration actually received
and believed at the time of making such
acknowledgment to be a full considera'
tion therefor LOT any acknowledgment
Of debt made for the purpose of diminish
ing the amount Of credits to be listed for
taxation; nor any greater o OF
portion Of any liability as surety, than
the person required to make a statement
of such credits believes snch surety is in
equity bound, and will be compelled to
pay, or to contribute, in case there be
cc-securities.
SECTION 6. No person shall be re-
CURED to list for taxation any certificate
of the capital stock of any company the
capital stock and property of which Ii
Personal property of every description
and credits, shall be assessed ia the namt
of the person ~ko was the owner Thereof
on the day next preceding the secont
Monday Of April in the year in which
Auch assessment shall be made. If any
person shall, for the purpose of avoiding
the listing or the payment of taxes OF
any property subject to taxation, sell
give away, or otherwise dispose Of anJ
such property under or subject to AM
agreement expressed or implied, or any
understanding with the purchaser, doneC
or recipient thereof, that the same is tc
fe recovered, restored, or redelivereG
to the person 80 disposiug Of such pro
perty, be shall forfeit and pay for the use
Of the county double the amount of tax,
ehargeable o such property for the cur
rent year.
SEcTrox z. Every bank shall, annu
ally, between the 6rst and the second
Monday Of May, make out, and, on the
demand ef the assessor, deliver to him
correct statement, attested By the oathI
Of the president and cashier of such bank
e II there be no president or cashier
fhsn BY the oafhs Of the principals man
ager and the principal accodntant Of suci
bAnk, setting forth and specifying ths
nes auo1at Of the notes and bills dis
counted or purchased, moneys luaued
and all other property, effects or dues Of
every description of and belonging to
such bank during the year ending ths
arss Monday Of May in the then current
year which ststement .the assessor shall
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