Kenosha tribune & telegraph. [volume] (Kenosha, Wis.) 1856-1859, 1858-06-03

at the late session of the Legislature:
SEC. l. Provides that every person,
corporation, &C., shall Ast his taxable
property. 1t allows bona ride debts to
be deducted from the gross amount OF
property, 1t tells who shall list, in de-
tail. He shall list the real and personal
property subject to taxation, of which
such person is the owner, situate and
being in the county in which he resides
and all monies of which he is the owner,
in his possession, or on deposit, subject
to his order, check or draft; and all
credits due from any person, body cor
porate or polite, whether in or out of
such county.
SEC. q. The lists are to be delivered
to the ssoq when resaired, verified
by OATH. 1t there isno property to be
taxed, the person shall set forth the fact
under oath, under the penalty of perjury
in this and the last case.
SEC. 3. Such statement shall truly and
distinctly set forth.
1st. The number of horses over one
year old;
End. The number of neat cattle over
one year old;
3rd. The number OF mules and asses
over one and half years old;
4th. The number of sheep over six
menths old !;
5th. The number of hogs over six
months old; and the first day ofJune of
the wear when the statement is made,
shall be taken as the time to which the
ages of all animals subject to taxation
shall refer;
9Th. Every pleasure carriage ofwhat-
soever kind;
9TH. Every gold and silver watch;
sth. Every piano-forte or other must
cal instrument;
9th. AL real property of what
ever kind or nature which such person
is by this act required TO list. Such
person shall be required upon the re-
quest of the assessors to exhibit to the
assessor the animals or other articles of
real or personal property above enumer-
ated;
10th. The goods and merchandise
which such person is required to list as
a merchant;
18th. The materials and manufactured
articles which such person is required
to list as a manufacturer;
18th. The money and credits required
to be listed;
18th. Farming utensils, mechanics
tools, law and medical books, surgical
instruments and medicines;
l4th. All household furniture, beds,
bedding, etc, not exempted by law from
taxation;
18th. The corn, hay, oats, rye, pota-
tones, fruits, wheat, wool, pork, bacon;
and
10th. All other articles of personal
property which such person is by this
act required to list.
SEC 4. Assessors to make out their
rolls as by Chap l6,R. s., and on actual
view, make valuation of real property at
the usual selling price at ! cash, the
balance on time.
Sec. 5. The Assessor shall leave a
memorandum Of the amount at which
he values the property, with another of
the time when the town Board Of Equal.
ization meets.
Sec. 8. Personal property to be val
ued at usual selling price or what the. AS
SCISSOR believes it would bring in money
Credits in the shape Of property, labor,
or services, to be taxed, but unliquidat-
ed credits in the form o. book accounts,
having no connection with the loaning
of money, shall not be taxed. Annui-
ties shall be valued at such price as the
person listing the same, believes them
to be worth in money. All manufac-
tured articles remaining unsold IN the
hands Of the manufacturer shall be val
ued at the cost Of the materials entering
into their composition. Sheep shall be
valued without reference to the value of
the unshorn fleece. No person shall be
required to list greater portion OF any
credit than he believes to be coIlectable
nor any greater portion Of an obligation
given for the payment OF rent than the
amount of the rent shall be actually due.
In making up the credits, which any
person is required to list for himself or
for any other person, company or cor
poration. he shall be entitled to deduct
from the gross amount of such credits,
the bona fide debts owing by himself, |
such other persons, company or eorpor-
alton, as the case may be. But no ac-
acknowledgements Of Indebtedness, not
founded on actual consideration, shall
be considered debt, within the mean |
inc of this act. And SO much only of
any liability, as security for others, as
the person making out the statement
believes the person is legally and eqult-
ably bound to pay ON account of the
inability Of the principal debtor, shall
be deducted from credits.
SEC. :, G, Q, 10 provide regulations
concerning merchants and manufacture
ers.l
SEc. IL. Assessors shall leave, annual
w, before the list Of June time extended
10 days for this year, notices requiring
each person to make OUT lists IN accor-
dance with this law, and shall then OBJ
tain the list, unless the person wants
further time, when Is days is given
The assessor may administer the oath.
SEC. II. For each time of refusal to
make list on oath, fine of ten to fifty
dollars, to be prosecuted for by the as
SCISSOR. Provides for cases Of non-resl-
idents.
SEC. 10. The as SCISSOR to complete
their rolls before the first Monday Of
July, and to make tootings.
SIC. Ia. Penalty of $500 to 81, 900
against assessors refusing, neglecting,
or evading their duties.
SEC. Is. Secretary of State to pre-
pare and transmit the necessary forms.
SEC. Is. Oath Of assessor.
SEC. II, Is. Exempts roads and
| banks otherwise taxed.