The Perrysburg journal. [volume] (Perrysburg, Ohio) 1853-1861, 1857-05-14
LAWS OF OHIO.
PUBLISHED BY AUTHORITY.

No. 1881 An ACT
Prescribing the rates of taxation for siae, County,
Township, City and other purposes.
Section ]. be it enacted by the General Assembly
of the State of Ohio. That hereafter there sa be lev
led annually on each dollar of taxable property in this
State other than such as by law is otherwise taxed as
valued aud entered the grand list of taxable proper.
ty for the several purposes in this enumerated
at the rates hereinafter specified namely For tho otd
nary expenses of the State government. including the
expenses of the public Benevolent Institutions the
prosecution of the work on the State buildings and
other charges the general tenths of
one mill; For the sinking fund.- applicable TO the pay
ment of the interest and the gradual reduction Of the
lprincipa of the State debts. nnetenths of one mill
For all county expenses Of each o the several counties
other than for roads and bridges; and the payment of
the interest and principal of the debts of the county,
such rates the commissioners of such county shall
determine TO be necessary not exceeding the following
rates namely: On any of such taxable property
in such county than millions of dollars a
rate of tax not exceeding three mills the dollar On
any amount of such taxable property between and
four millions of dollars not exceeding two mills the
dollar On any amount between four and six millions of
dollars not exceeding and half mills the dollar
On any amount between six millions and forty millions
ot dollars not exceeding mill on the dollar; On any
amount forty millions and -four til mills on
the dollar: Provided that in any important bridge
or bridges built and maintained by any county shall be
destroyed by any casualty the restoration Of which may
be necessary for public accommodation, the commission
ers of such county may levy special tax exceeding
| in any year mill on the dollar Oft the taxable prop
erty OF the county the proceeds of which tax shall he APP
piled solely to the restoration of such bridge bridges
Provided, That the county commissioners fany
in which the total valuation of taxable property does
not exceed three millions of dollars may increase the
rate of tax levied the first two millions any lesser
sum OF such taxable property to any rate not exceeding
five mills on the dollar and may set apart any portion
OF the prccecdS of such tax not in te opn
ion to deay other county expenses for the
for the erection Of county buildings. and the amount
apart shall be denOminated the public building
fund and shall he paid the order of the commits.
sOners. There shall be levied for township purs Sc
other than for road bridge for the support of the poor
and common shool puTposesand for the purpose of pay
ing the interest principal of any debt debts owing
such rate of tax of the taxable property in
the township cred and valued tine grand list
the rlstee Oft lie township sha ,ry the Au-
dior t. be necessary exceeding onehaf of one
each dollar of such valuation than two hundred
thousand dollars and one-fourth of mill each
dollar of such valuation two hundred thousand dol
lars But the total amount of hereafter levied in
any one year by the constituted authorities of any city
Incorporated village except the city of Cincinnati
for all purposes other than for the payment of interest
on the debts of such city incorporated village and
for the payment Of the principal Of such debts parts
thereof as may fall due within the then current
succeeding year. shall exceed five mills und in the
city of Cincinnati six and half mills each dollar OF
the assessed value of the taxable property in such city
or incorporated village: Porvided. the aforesaid lmta
ton shall not be construed prohibiting assessments
on property adjacent to local Improvements made in
any city Incorporated village for the purpose OF pay
ing the cost thereof and the damages occasoned there
by and provided further, that nothing in this Sc ton
shall be construed prevent the county commissioners,
township trustees, corporate authorities OF any city
village ley yinu any which by any special
law they shall be authorized to levy.
Sec 3 The competent authorities of anv county, city,
or township that shall have subscribed to the capital
stock of any railroad company and shall have issued its
bonds or other securities for the payment of such sub
scrpon nav at anv time within five wears next before
the principal of suc bonds or other securities shall be
PAYABLE fhe market pree of the stock OF such railroad
company be less than seventy five per cent on its par
value levy cause to be levied annually on the taxa
be property of such county, city, township such
exceeding mill the dollar as will be sufi-
cient balance the discount the railroad stock held
by such county, city, or township by the time such bonds
may b! come due; and the proceeds of all such taxes
shall FORM with such stock sinking fund and shall be
invested IN the purchase of the bonds issued by such
county, city, or township or in other safe and proiuc
tive securities aud shall be nppied TO the payment Of
the bonds so issued and to no other use or purpose
whateTer
Sec s. The operaton Of the fftv-eglI and ffty-
ninth sections of the act entitled an act to provide for
the reorganization supervision and n of COM
mon schools" passed March II, 1853 hereby
pended fJr one year.
Sec l. The several county auditors shall not be
quired assess on the taxable property OF their coun
ties or any township city, Incorporated village, or
school district therein for any purpose nor for all pur
poses added together any rate OF taxation containing
resulting in any fraction other than decimal fraction
nor in any decimal fraction less than one twentieth OF
milk but if the sum required to be raised for any, or
for all purposes results in q fraction less than oneor
tieth of mill such fraction shall be droDDed and il
more than one -fortiet OF mill the difference between