M'arthur Democrat. (McArthur, Vinton County, Ohio) 1853-1865, 1857-05-21
THE LAWS OF OHIO.
PUBLISHED BY AUTHORITY.
AN ACT
II7Sl


Prescribing the rates of taxation for State,
County, Township, City and other purpo-
ses.
SECTION /. BE i, enacted by the Gen
eruL assembly ofthe State Of Ohio, That
hereafter there shall he levied annually on
each dollar Of taxable property IN this
State, (othcr than such Shy law is other
wise taxed) as valued and entered on the
grand list Of taxable property, for the several
purposes in this act enumerated, taxes at
the rates hereinafter specified namely: For
the ordinaw expenses OF the State govern
ment, including the expenses of the public
Benevolent Institutions, the prosecution of
the work on the State buildings, and other
charges on the general revenue seven tenths
of one miil For the sinking fund, appliCa.
bic to the payment of the interest and the
gradual reduction Of the principal of the
State debts, nine ienths of one mill For all
county EXPENSES of each of tile several coun-
ties, other than Tor roads aud bridges; aud
the payment OF the interest aud principal OF
the debts of the county, such rates as the
commissioners Of such county shall deter.
mine t. be necessary, not exceeding The fol-
lowing rates, namely; On amy amount OF
such taxable property in such comtynot more
than two millions Of dollars rate OF tex not
exceeding three mills on the dollar: On any
amount Of such taxable property between
two and four millions oil dollars not cXcee-
ding two mills on the dollar: On any am
cunt between four and six millions of dol
lars not exceeding one and half mills on the
dollar On any amount between SIX mill
ions aud iOfty millions OF dollars not excee-
ding one mill ON the dollar On any am
cunt owe. forty millions one and one fourth
mills on the dollar! Provided, that in case
any important bridge or bridges built and
maintained by any county shall be destroy
ed by any casually, the restoration OF which
NAV be necessary for public accommodation,
the commissioners Of such county may levy
a special tax not exceeding in any year one
mill on the dollar Of the taxable property OF
the county, the proceeds Of which tax shall
be applied solely to the restoration OF such
bridge or bIiigeS: Provided, That the COun
Is commissioners of any county in which
the total valuation of taxable property does
not excred three millions of dollars may in
crease the rate OF tax levied on the first two
millions or any lesser sum of such taxable
property to any rate not exceeding five mills
on The dollar, and may set apart any pOr-
ton Of the proceeds Of such tax not necessary
in their opinion to delraY other county eX-
Tenses for the current year for the erection
of county buildings, and the amount so set
apart shall be denominated the public build
ing fund aud shall be paid out on the order
OF the commissioners. There shall be lev
led for township purposes, other than for
road, bridge, for the support OF the poor and
common school purposes, and for the pur'
pose of paying the interest or principal OF
any debt or debts owing, such rate of tax on
any amount Of the taxable property in the
township as entered and valued on the grand
list as the trustees of the township shall
certify to the county auditor to be necessary
not exceeding one hali of one mill on each
dollar of such valuation not more than two
hundred thousand dollars, and one fourth oil
one mill on each dollar of such valuation
over two hundred thousand dollars. But
the tota, amount OF taxes hereafter levied in
any one year by the constituted authorities
OF any city or incorporated village, except
the city OF Cincinnati, for all purposes Other
than tor the paEinentot interest on me deDt
Of such city or incorporated village, and foI
tile payment Of the principal of such debts
or parts thereof as may fall due within the
then current or next succeeding yenr, shall
not exceed five mills, and in the city Of Gin
cinnati six and half mills On each dollar
Of The assessed value Of the taxable proper.
ty in such city or incorporated village
Provided, the aforesaid limitation shall moi
be construed as prohibiting assessments or
property adjacent TO local improvements
made in any city or incorporated village
for the purpose OF paying the cost thereo
and the damages occasioned thereby: ant
provided further. that nothing in this section
shall be construed to prevent the count!
commissioners, township trustees, or corpor
ate authorities of any city or village from
levying any tax which by any special Law
they shall be authorized TO levy.
Sec .. The competent authorities of any
county, city, or township that shall hav,
subscribed to the capital stock of any raj
road company, and shall have issued it
bonds or other securities for the payment o
such subscription may, at any time within
five years next before the principal of sucl
bonds. or other securities shall be PAYABLE