The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1859-07-20

all other joint stock companies or corporations,
Of whatever kind, levied and collected, in pur-
suance of the provisions of this act, shall be in
lieu of any taxes which such bank or banking
company, or other joint stock, company or cor
poration was, by former laws, required to pay.
BY WHOM. WHERE, AND IN WHAT MANNER PROP
ERTY SHALL BE LISTED.
| Sec. t. Every person of full age and sound
mind, not a married woman, shall list the real
property of which he is the owner, situate in
the county in which he resides, the personal
property of which he is the owner and all
moneys in his possession; and he shall enlist all
moneys invested, loaned or otherwise controlled
| by him, as agent or attorney, or on account Of
any other person or persons company or COR
poraton whatsoever, and all moneys deposited
subject to his order, check or draft, and credits
due from, or owing by any person persons,
body corporate or polite, whether in out of
such county. Every person required to list
property on behalf of others, by the provisions
of this act, shall list in the same township in
which he would be required to list it, if such
property were his own; but he shall list it sep
arately Fl om his own, specifying in each case
! the name of the person, estate, company, or cor
poration, to whom it belongs; and all real prop
erty and mcl chants and manufacturers stock,
and all the articles enumerated in the seventh
section of this act and all personal property
upon farms and real property not in towns,
shall be returned for taxation, and taxed in the
township and town in which it is situated, and
all other personal property, except such as is
taxable for state purposes only, shall be enter
ed for taxation in the township or town in which
the person charged with the tax thereon resided
at the time list thereof was taken by the
SCISSOR, if such person reside in the county
where such property was listed; and II not.
then such property shall be entered for taxa
tion and taxed in the township where situated
when listed. anything in this act to the contra
| ry notwithstanding.
| Sec. 5. Property held under q lease for
term exceeding fourteen years, belonging to the
state, or to any religious, scientific or benevo-
lent society, or institution, whether incorpora-
ted, and school and ministerial lands, shall be
considered, for all purposes of taxation, as the
property of the person so holding the same and
shall be listed such by such person his
agent, as in other cases.
Sec. 6. Each person required by this act to
list property, shall make out and deliver to the
assessor when required, within ten days
thereafter, statement, verified by his oath or
affirmation, of all the personal property, moneys
credits investments in bonds, stocks, joint stock
companies, or otherwise, in his possession, or
under the control of such person, at the time
notice was given him by the assessor, to make
out such statement, and which, by the provi-
sions of this act, he is required to list for taxa
tion, either owner or holder thereof, or as
guardian, parent, husband, trustee, executor,
ner, agent, or factor.
i Sec. Z. Such statement shall truly and dis
tincty set forth, first the number of horses, and
the value thereof second, the number of neat
cattle and the value thereof; third, the number
of mules and asses, and the value thereof 4th,
the number of sheep, and the value thereof; 5th
the number of hogs, and the value thereof 9th,
every pleasure carriage of whatsoever kind, and
the value thereof seventh, the total value Of all
other articles of personal property which such
person is by this act required to list; eighth,
every gold and silver watch, and the value
thereof; ninth, every piano forte, and the value
thereof; tenth, the value of the goods and mer-
chandze which such person is required to list as
q merchant; eleventh. the value of the proper
ty which such person is required to list as a
| banker, broker, or stock -jobber; twelfth, the
| value of the MAJ erials and manufactured arti-
cles which such person is required to list as q
manufacturer; thirteenth, the value of money
and credits required to be listed, including all
balances of book accounts; fourteenth, the value
of the moneys invested in bonds, stocks, joint
stock companies, or otherwise, which such per-
son is by this act required to list.
| Sec. 8. If there be no articles of personal
/ property, moneys or credits, investments in
bonds, stocks, joint stock companies or other
wise, which such person would be, by this act
required to list, on his own account or account
of others, he may set forth such fact to the as
sessor who shall require the oath or atfirma-
ton of such person to the truth of the same.
! RULES FOR vALUING PROPERTY.
i Sec. g. Each separate parcel of real proper
i ty shall be valued at its true value in money,
excluding the value of the crops growing there
on; but the price for which such real property
would sell at auction, or at forced sale, shall
not be taken as the criterion of such true val
ue Each tract or lot of real property belong
ing to this stae or to any county, city, or char
i liable institution, whether incorporated or un-
incorporated, and school ministerial lands,
held under a lease for term exceeding five
years, shall be valued at such price as the as
SCISSOR believes could be obtained at private sale
for such leasehold estate. ersonal property,
of every description, shall be valued at the usual
selling price of smila- property at the time of
listing and at the place where the same may
then be; and if there be no usual selling price
known to the person whose duty it shall be to
i fix value thereon, then at such price as it is
believed could be obtained therefor, in money,
at such time and place. Investments in bonds,
stocks, joint stock companies otherwise, shall
be valued at the true value thereof, in money.
Money, whether in possession or on deposit,
shall be entered in the statement at the full
amount thereof: provided, that deprecated bank
notes shall be entered at their current value.
Every credit for sun, certain, payable either
in money, property of any kind, labor or SER
vices, shall be valued at the full price of the
4 specifedJnumber or quantity of any article or
articles of property, or for a certain amount of
labor, or fer services of any kind, it shall be
valued at the current price of such property, or
of such labor service, at the place where pay
allie. Annuities or moneys receivable at stated
periods shall be valued ut the price which the
perst listing the same, believes them to be
worth in money. Where the fee of the soil or
tract parcel or lot of land is in any person or
persons, natural artifcial-nnd the right to
any minerals therein, in another or Others the
same shall be valued and listed agreeably to
such ownership in separate entries, and taxed
to the parties owning the same respectively
Sec. 10. No person. company, or corporation
shall be entitled to any deduction, on account of
any bond, note or obligation of any kind, given
to any mutual insurance company nor on ac-
count of any unpaid subscription to any reli-
gious, literary, scientific charitable institu-
tion or society, nor on account of any subscrip-
tion to, or installment payable on the capital
stock of any company, whether incorporated or
! unincorporated. d,
OF LISTING AND vALUINa THE PROPERTY OF
MERCHANTS AND MANUFACTURERS, AND OF