Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1857-05-29
mo. 1881 AN ACT,
April 18th, 1857.

Il ITeSluent OF INC senate.
April 18th, 1857
mo. 1881 AN ACT,
Prescribing tho rates of taxation for State,
i County, Township, City and other pur-
poses.
Sec. /. Be IL enacted 5y the General As-
Sem6ly Of tie State Of Ohio, That hereaf-
ter there shall be levied annually on each
dollar of taxable property in this State,
(other than such as by law is otherwise tax
ed) rs valued and entered on the grand
list Of taxable property, for the several pur-
poses in this act enumerated, taxes at the
rates hereinafter specified namely. For the
ordinary expenses of the State government,
including the expenses Of the public Bencv-
oent Institutions, the prosecution of the
work on tho State buildings, and other
charges on the general revenue seven tcnths
of one mill For tho sinking fund ap-
| plcable to the payment Of the interest, and
the gradual reduction of the principle of
The State debts, nine tenths of ono mill.
For all county expenses of each of the sew
cral counties, other than for roads ard
bridges; and the payment of the interest
and principal of the debts of the county,
such rates as the commissioners of such
county shall determine to be necessary, not
exceeding the following rates namely: On
any amount of such taxable property in
such county not more than two millions of
dollars q rate of tax not exceeding three
mills on the dollar: On any amount of
such taxable property between two and four
millions of dollars not exceeding two mills
on the dollar: On any amount between
four and six millions of dollars not exceed
ing one and half mills on the dollar: On
any amount between six millions and forty
millions of dollars not exceeding one mill
on the dollar: On any amount over forty
millions one and one fourth mills on the dol
lar: Provided, that in case any important
bridge or bridges built and maintained by
any county shall be DESTROYED by any caus-
ality, the restoration of which may be nee
essary for public accommodation, the COM
missiouers of such county may levy spec
ial 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 bridges: Provided, that the coun-
ty commissioners of any county in which
the total valuation of taxable property docs
not exceed three millions of dollars, may
increase tho rate Of tax levied on the first
two millions or any lesser sum Of such tax
able property TO any rate not exceeding five
mills on the dollar, and may SGT apart any
portion of the proceeds of such tax not nee
essary in their opinion to dcfray other coun-
ty expenses for the current year for the cree
ton of county buildings, and the amount
so set apart shall be lenominated tho pub
lie building fund and shall be paid out on
the order of the commissioners. There
shall be levied for township purposes, other
than for road, bridge, for the support of the
poor and common school purposes, and for
purpose 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
ship shall certify to the county Audi
tor to be necessary not expcdiency one
half Of one mill on each dollar of such val
uation not moro than two hundred thous-
and dollars and one fourth of ono mill on
each dollar of such valuation over two hun
drcd thousand dollars. But the total amount
of taxes hereafter levied in any one year by
tho constituted authorities Of any city, in
corporated village, except the city of Gin
cinnati, for all purposes other than for the
payment of interest on the debts of such
city or incorporated village, and for the pay
nent of the principal Of such debts, or parts
thereof as may fall due within the then cur
! rent or next succeeding year, shall not cx-
cced five mills, and in the city of Cincin-
natl six and half mills OIL each dollar of
the assessed value of the taxable property
in such city or incorporated village: Pro
vded, the aforesaid limitation shall not be
construed as prohibiting assessments on
property adjacent to local improvements
made in any city or Incorporated village for
the purpose of paying the cost thereof and
the damages occasioned thereby: and pro
vided further, that nothing in this section
shall be construed to prevent the county
J commissioners, township trustees, or corpo-
rated authorities of any city or village from
levying any tax which by any special Law
} they shall be authorized to levy.
! SEC. 2. The competent authorities Of any
4 county, city, or township that shall have
; subscribed TO the capital stock of any rail
: 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
; if the market price Of tho stock of such rail
: road company be less than seventy-fve pei
Z cent on its par value, levy, or cause to BE-
) levied, annually on the taxable property o
) such county, city, or township, such tax no
t exceeding one mill on the dollar, as will b,
} sufficient to balance tho discount on tht
railroad stock held by such county, city o
& township by the time such bonds may be
! come due; and the proceeds of all such tax
) es shall form, with such stock, a sinking
. fund, and shall be invested in the purchas'
3 ofths bonds issued by such county, city, O
7 township, or in other saf eand productive SO
0 curities, and shall be applied TO the paw