Nashville daily patriot. [volume] (Nashville, Tenn.) 1855-1857, 1856-03-11
LAWS OF TENNESSEE.
oFFIefAL PUBLICATION. I
REVENUE LAW.
E%-The following Act passed at the recent ses
siou Of the Legislature.
REVENUE Law

ten cents on every hundred dollars Snal De assessed
on: /. All lands and town lots to be estimated at
its real value in money aud not at forced sale,
cOrdng TO the best judgment the asse scr can form
by information, inspection or otherwise, taking into
consideration its location its proximity to local ad
vantages its quality of SOIL growth of timber, mines,
minerals, qua1ies, fossils, and improvements, ex-
cept such exempt by law. 2. All saw, grist,
and other mills, disiillerics breweres foundries,
FORCES, establishments for mining quarrying work.
ing marble, making gins or carriages and other
manufacturing establishments, turnpike plank road
gates roads and bridges and ferries and wharves
the value thereof, to be estimated by annual income
location, and other sources of value 3. All jewel
~ gold and silver wathes and chainds, gold
and silver plate and ornaments, except family
portraits, over the value of fifty dollars at the
above specified rate, pianos forte aud all household
furniture over the value of $500 five hundred dol
lars t. All pleasure vehicles. 5. All race horses
used for racing, which in, or during the tax year
preceding the assessment, have been entered train
ed, or run. 6. All horses and mules, over the value
of $1,000 except such are kept and used for sad
die and harness purposes, and stud horses and jacks
Z. All cattle and sheep the value of $500
FIVE hundred dollars. 6. All capital loaned or de-
posted at interest and all stocks 9. All slaves,
be estimated their real cash value the time
of assessment, and not at forced sale. 10. All
investments by inhabitants of this State, in stocks
Of any description out Of the State.
Sec. 2. Be Il enacted, That the following proper
ty shall be exempt from taxation, viz: /. All prop
ery belonging TO the State any county thereof or
the State Bank or branches. 2. All property of lit
erary, scientific and benevolent institutions actual
y used for the purposes for which such institutions
were created, not exempting however, any of such
property, when invested in stocks employed in
any other than the regular business of such instul
tons. 3. All houses of religious worship and their
appurtenances. 4. Lands appropriated for the use
Of schools, and held in trust for the Of college,
academy, or other seminary of education. 5. All
public roads, streets alleys, prOmenades and walks
in the different cities and towns in this State 6. All
slaves under twelve, and over fifty years Of age
Z. All places and monuments Of the dead, aud i'm
pemcnts of burial. S. All agricultural and hOrt
cultural instruments and implements vehicles, and
utensils, when kept for use. 9. All carry-allS, all
silver tea and table spoons 10. All pianos forte,
used in schools aud academies. IL. The property
Of revolutionary soldiers and their widows, TO the
value OF (S2 ,0OO) two thousand dollars. II. All
capital stock or property of all such incorporated
companies exempt from taxation in their re-
spective charters.
See B. be 1t enacted, That merchants shall not
sell their goods without taking first out for such
establishment yearly license for which they shall
pay as follows: !. Every wholesale merchant shall
pay for his license "a half cent in the dollar the
invoice cost at the place where purchased of all his
goods, except such as may be sold without license
,. Every retail merchant shall pay for his license
q half cent in the dollar the invoice cost at the
place where purchased, of all his goods except such
as NAV be sold without license. Provided no license
shall issue for a smaller price than five dollars
See. 4. BE II eHdcted That goods that NAV he
sold without license salt sugar. coffee, spun cot
ton, garden seeds iron and articles manufactured in
this State PrOrtdcd, said articles shall not be eX-
empt from taxation in the hands Of any person who
sets himself up a merchant or grocer.
Sec. ). BE Il cnacted, That the term merchant"
used in the above section includes every person
trading or dealing in goods, wares, merchandise,
groceries, iewclry, drugs, or medicines, which may
not be sold without license.
Sec. e. BE cI,dctcd, That every pedar shall take
out license, in every county in which he travels on
foot horse or in vehicle or trades on steamboat,
other water-crait and offers his goods for sale
yearly license for which he shall pay $50 ten dol
lars, if lac travels on FOOT (2O) twenty dollars, if he
travels on horseback $50 thirty dollars, if he
travels in a vehicle, and 500 thirty dollars for each
vehicle If he than one; $500 fifty dollars
If he trade on a steamboat water craft. But no
license is required to pcddle articles manufactured
made up in this State; or in the distribution or
sale of scientific or religious books.
Sec. Z. BE Il cRactcA That specific tax shall be
paid upon the following privileges, to-wt: l. For
crying auction sales as a regular business twenty
FIVE dollars ,. For doing business as a broker, five
hundred dollars. 3. For doing business a com
mission merchant, on the gross amount of all his
sales, public or private except upon such goods as
NAV De sold without license when the amount
does not exceed ten thousand dollars twenty-five
dollars; between ten and twenty thousand dollars
fifty dollars; between twenty and thirty thousand
dollars Sevcny-ive dollars; between thirty and forty
t,nu-g,,I 4 Ill, -,
ratio. l. For doing business as produ,a or cotton
broker, the same ratio shall be observed, upon the
amount OF purchases made by him, as prescribed in
article 81 Of this section ;. For importing aud
selling playing cards, fifty cents per deck. O. For
discOuntiug securities for money or shaving notes
one cent ON every dollar 50 employed :. For
granting policies Of insurance, by other than com
panIcs chartered by the State, a sum equal to the
highest yearly bonus cNactcd from any company
chartered in this State s. For kecpjnga track for
turf racing, one hundred dollars; for an half mile
track, ($5o)ifty dollars; for quarter ola mile track,
twenty-five $50 whether the track be kept cxclu-
svely for that purpose or not. 9. For theatre in
city $50 fifty dollars and in other places the sum
oflS25) twenty-five dollars 10. For concerts and mu-
steal entertainments for profit for each day and night
five dolls 50 except for benevolent purposes H. To
exhibit for profit, any museum mcuagerie Of any
kind dwarf persons Of unusual size, or persons or
animals deiOrmed, for each DAYS and nights e1hibi-
ton, IS five dollars paintings and satuary except.
ed, T. To exhibit for profit, circus, or circus
and animal show, fcats of activity or strength for
each day and nights exhibition, $50 fifty dollars
3. For doing the business of real estate broker as
a regular avocation, the sum of OO) one hundred
dollars Il. To sll 10y negro trader, broker or
agent for the sale OF slaves (S5) e dollars for each
slave. And original Slave license for a wear may
be issued on the condition that the applicant exc
cute aud deliver TO the County Court Clerk Joint
and several bond OF himself and at least two good
Surcucs, in the penalty Of Isl 0O0)tw thousand dol
lars, payable 10 the State of Tennessee conditioned
that hc will render 20 the County Court Clerk at the
end OF twelve months from the date ofbond a sworn
statement OF the number and description of the
slaves sold 10y him, whether private or public, with
IN the SAID twelve months, in the county where the
license Is sought 70 be obtained and he will pay
tax thereon; and condition that lac will nav the
clerk fee OF one dollar Aud if no license for a
year is taken out he shall pay the specific tax Of
l$J) 1--WE dollars on each slave in the manner hercaf
ter prescribed Is. For lie ping confectionery five
90 per cent on the capital employed
Sec. s. BE 4 epoct,i, That all licenses, unless
otherwise declared by law, shall be for one year,
and confined to the county in which they are grant
ed-and renewed upon the same terms. And all
specific taxes in this act la shall be paid over 10
the constable Of the civil district bv the person
or persons ayaEg themselves Of the privileges
specified; aud if upon failure 10 do 50, when dc
mndcd 10y said officer, he shall distran 80 much
of drhnquent's goods and chatJcls, as shall he suf-
hcicnt 10 pay tax costs, and charges. And the
bond executed by said officer, shall cover specific
taxes hereby required OF him TO collect, and pay
over 20 the proper officer by law TO receive the
same. And the party whose goods are distrained,
shall have the right OF appeal
Sec. 9. Be n enacted That the specific taxes 10
be levied on legal proceedings shall be the same as
nov by existing laws.
Sec. DO. Be u enacted, That the manner and
mode of obtaining licenses and the neglect or re-
iuSal 10 take ont same, and the proceedings upon