The Jackson standard. [volume] (Jackson C.H., Ohio) 1847-1888, 1857-05-28
N. H. VAN WORRIES,
Speaker Of the House of Representatives
TH0S. II. FORD,
President of the Senate
April Is, 1857.
No l78 AN ACT,
Prescribing the rates of taxation for State,
County, Township, City and other pur-
AN ACT,

Prescribing the rates of taxation for State,
County, Township, City and other pur-
poses.
SECTION l. BE it enacted by the General Assem-.
bly, of the State of Ohio, That hereafter there shall
be levied annually on each dollar of taxable prop
erty in this State, (other than such as by law is
otherwise taxed as valued and entered on the grand
list Of taxable property, for the several purposes Of
this act enumerated, taxes hereinafter specified
namely-for the ordinary expenses of the State
government, including the expenses of the public
Benevolent Institutions, the prosecution of the work
on the State bgildiGsS, and other charges on the
general revenue seven tenths of ono mill: For the
sinking fund, applicable to the payment Of the in
teres and the gradual reduction of the principal Of
the State debts, nine tenths of one mill. For all
county expenses of each of the several counties,
other than for roads and bridges and the payment
of the interest and principal Of the debts of tho
county, such rates as the commissioners of such
county shall determine to be necessary, not exceed
| ing the following rates namely: On any amount of
such taxable property in such county not more than
two millions of dollars 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 dol
lars not exceeding one and half mills on the dol
millions Of dollars not exceeding one mill on the
dollar: On any amount over forty millions one and
one fourth mills on the dollar: Provided that in
case any important bridge or bridges built and main
tanned by any county shall be destroyed by any cas-
uaty the restoration Of which may be necessary for
public accommodation, the commissioners of such
county may levy special tax not exceeding in any
year one MILL the dollar of the taxable property
OF the county, the proceeds of which tax shall bo
anYAlsa al,
bridges; Provided, That the county commissinon-
ers of any county in which the total valuation of
taxable property does not exceed three millions of
dollars may increase tho rate of tax levied on the
first two millions any lesser of such taxable
property to any rate not exceeding five mills the
dollar, and may sol rtion of the pro-
cceeds Of such tax heir opinion to
Soa Soitay ray other o.nei, oou the current M year
so set apart shall se denominated the public bull
ding 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 sup
po0rt OF the poor and common school purposes, and
for the purpose of paying the interest or principal
of any debt or debts owing such rate of tax on any
amount of the taxable propt~ty in the township as
eneYd and valued on the grand list as the trustees
of ttRtownship shall certify to the county Auditor
to be necessary not exceeding one half of one mill
on each dollar Of such valuation not more than two
hundred thousand dollars and one fourth of one
mill on each dollar of such valuation over two hun
dred thousand dollars. But the total amount of
taxes hereafter levied in any one year by the con-
stitutcd authorities ofany city or incorporated viii
lage except the city of Cincinnati for all purposes
other than for the payment of interest on the debts
of such city or incorporated village, and for the
payment of the principal Of such debts or parts
thereof as may fall due within the then current or
next succeeding year, shall not exceed five mills,
in thecity of Cincinnati six and half mills on each
dollar of the assessed value of the taxable property
in such cityOr incorporated village: Provided, the
aforesaid limitation shall not be construed as pro-
hibiting assessments on property adjacent to local
improvements made in any city or incorporated viii
lage for the purpose Of paying the cost thereof and
the damages oceasioned thereby: and provided fur
ther, that nothing in this section shall be construed
to prevent the county commissioners, township trus
tees or corporate authorities of any city or village
from evying any tax which by any special law they
shall bo authorized to levy,
Sec. 2. The competent authorities of any coun
ty, city or township that shall have subscribed
to the capital stock of any railroad company, &
shall have issued its bonds or other securities for
the payment ofsuch subscription may, at anytime
within five years next before the principal Of
such bonds, or other securities shall be payable,
Il the market price of the stock of such railroad.
company be less than seventy five per cent. on
It's par value, levy, or cause to be levied, annual
y on the taxable property of such county, city,
or township, such tax not exceeding one mill on
he dollar. as will be sufficient to balance the
discount on the railroad stock held by such
county, city, oItownship by the time such bonds
nay become due; and the proceeds of all such
axes shall form, with such stock, a sinking fund
and shall be Invested in the purchase Of the
ponds issued by such county, city, or township
Or in other safe and productive securities, and
shall be applied to the payment of the bonds SO
ssued and to no other use or purpose what
aver &
Sec. 81 The operation of the fifty
eight and ffty-ninth sections of the a
entitled an act to provide for the Y
ganization, supervision and naaintsz
Of common schools" passed MAJ
1858, are hereby suspended for one yesT!1
Sec. 4. The several county aaditors