The Tiffin tribune. [volume] (Tiffin, Ohio) 1848-1859, 1858-06-11
Ta of Obtu
PUBLISHED BY AUTHORITY.

pioyed iu Is nking TO bear burden oil
taxation equal to that imposed on the
property OF other persons.
See, |. Be il enacted by the Gener-
al Assembly Of the State Of Ohio, That
it shall be the duty of the president and
cashier Of every bank OF banking compa.
NY that shall have been or may hereafter
be Incorporated by tho laws Of this state.
and having the right to issue bills for cir.
culation as money, to make out aud re-
turn under oath, to tho auditor of the
county in which such bank or banking
company may be situated, in tho month
Of May annually, a written statement
containing
lst. The average amount Of notes and
bills discounted or purchased by such
bank or banking company, which amount
shall include all the loans or discounts Of
such bank or banking company. whether
originally made or renewed during the
year aforesaid, or at any time previous;
whether made on bills OF exchange, not, S,
bouds, mortgages or any other evidence
OF Indebtedness Cat their actual value in
money, whether previous to during, or
aitor the period aforesaid, and on which
such bank or banking company has at any
time reserved or received, or is entitled to
receive, any profit, or other considera, ion
whatever, either in The shape Of interest,
discount exchange, or otherwise.
Fl. Tho average smou,t of all other
moneys, effects, or dues Of every descrip-
ton belonging to such bank or banking
company, loaned. invested, or otherwise
used or employed with q view to profit,
or upon winch such bank or banking com
pany receives, or is entitled to receive in
teresI: Provided, however, that the av.
erage amount Of the specie funds Of every
such bank kept on hand unemployed ex.
cept with view Of redeeming It's cilcu-
lation and meeting its accruihg liabilities
to deposilors, and also the average amount
Of lhe balances due from other banks up
on wli5h no interest, profit, or consider
alton is reserved or received, shall be OK
cluded in the above estimates Of taxablo
property Of each bank required 70 be made
and returned as aforesaid
sec. 2. To ascertain the amount OF
notes and bills discounted, ana Oh etha,
moneys, effects or dues of every desciip
ton belonging to such bank or banking
company, loaned, invested, or otherwise
used or employed. with a view TO profit.
or upon which such bank or banking
company receives, or is entitled TO receive
interest, to be returned as aforesaid, there
shall be taken as criterion the average
amount of the Aforesaid items for each
month during the year next previous to
the time of making such statement. if so
long such bank or banking company shall
ha, been engaged IN business, and il not,
then during such time as such bank OF
banking company shall have been engag
ed in business; and the average shall be
made by adding together the amount SO
| found belonging to such bank OIL banking
company in each month SO engaged in
business, and dividing tho same by the
number Of months so added together.
Sec. 8. Every person who shall have
money employed in the business of deal
ing in coin, notes, OF bills of exchange,
or ia the business of dealing in, or buy
! ing or shaving any kind of bills Of ex-
change. checks, drafts, bank notes, prom
issory notes, bonds, or other writing OBJ
ligaIory, or stocks, Of any kind or de-
scripGon whatever, shall be held to be a
banker, broker, or stock jobber; and he
shall. when he is required to make out
and deliver to the assessor a statement of
the amount or value Of his other personal
property subject to taxaton, also include
in his statement the average value estima-
ted as provided in the twelfth section of
this act, Of all moneys, notes, bills Of ex-
change. bonds, stocks, or other property
apperIaining To his business as a banker,
broker or stock jobber, which he shall
have had from time to time in his possess
sion, or under his control, during the
year next previous to the time of making
such statement, il so long he shall have
been engaged in such business, aud if not.
then during the time he shall have been
so engaged.
Sec, 4. That in all cases where the
taxes, or any part thereof. assessed upon
the personal property, moneys. credits, or
effects Of any bank or banking, or other
incorporated company, or association, or
any banker, broker, or stock iobber, oe
partnership, or company of bankers, brok-
ers or stock jobbers, or any agent of an
insurance, or other company, ncorpora-
ted by the laws Of some other state or
government. under the provisions Of the
act "for the assessment and taxation of
all property in this state, and for leyying
taxes thereon according 10 its true value
in money!" passed the thirteenth day Of
April, in the year eighteen hundred aud
tifty-two, are now unpaid, or shall here
after remain unpaid till the twenty-6rst
day Of December, in any year, the treas
Ursr of the county, wherein such taxes
have been, or may be assessed, shall forth
with demand payment Of the amount Of
such taxes, and five per eentum thereon,
(which said penalty shall be for the use
Of the treasurer.) by leaving written
notice at tho banking house, Office. agen
cy, or place Of business of such bank, or
banking, OF other incorporated company,
or association, or Of such banker, broker,
or stock jobber or partnership, or compa-
ny Of bankers, or stock jobbers, OF at the
o6ica a0anev or Dlaca Of husinasa of sueh