The weekly Portage sentinel. [volume] (Ravenna, Ohio) 1854-1861, 1859-05-12

ever, shall be held to be banker, broker or
stock jobber, and 10 making out their state
ment for taxation, as required BY the sixty
sixth section of this act, shall include in his
statement the average value estimated as
provided in sixtieth and sixty.frst sections
OF this act, of all moneys, notes, bills OF ex.
change, bonds, stocks or other property ap.
pertaining to his business as banker, bro
ker or stock jobber, which he shall have had
from time to time in his possession 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, and if not, then during the time he
shall have been so engaged.
Sec. 63. The president and cashier OF
every bank organized under an act to incor
porate the State Bank of Ohio and other
banking companies, passed February "a,
lS45, shall, during the month OF May in each
and every year, make the written statement
required by the sixtieth (60 and sixty first
(6l) sections of this act, to the auditor Of
state. In case the president and cashier re-.
fuse or omit to make such statement the
auditor Of state shall ascertain the amount
so required to be returned by the president
and cashier, from the last quarterly returns
made by such bank to his Office, to which
sum he shall add fifty per cent. The audi
tor Of state shall proceed to assess thereupon
the amount of taxes for the various purposes
assessed upon property in the locality where
said bank has its Office, of which assessment
the auditor shall give notice to the president
and cashier of any such bank. On the Goth
day Of December in each year, it shall be-
the duty of the comptroller to draw in favor
Of the treasurer Of state, upon each and ev-
cry such banking company, for the amount
oftaxes 80 assessed, which draft it shall be
the duty of the said president or cashier to
pay forthwith into the state treasury.
Sec. 81. In default of any such president
and cashier to pay the amount Of the said
draft to the treasurer Of state, at his office,
on or before the thirty-first day of December
in any year, the treasurer of state shall i'm
mediately notify the attorney general there.
of, who shall thereupon proceed, in the su
preme court OF the state, against the said
president and cashier, by mandamus, to COM
pei the paymen of the said taxes and it
shall be the duty of the said court to allow
the said writ. Or the attorney general may
also, at his option, commence civil action
against the president and directors of said
company, in the court of common pleas or
superior court OF franklin county, in the
name of the state, for the amount of such
taxes.
Sec. IS. All toxes, SO paid to, or collect.
ed by, the state treasurer, shall be distributed
by the auditor Of state, in the proportions to
which the several counties, townships, and
other local organizations are entitled.
! Sec. 66. A ii other banks or banking
companies that shall have been, or may
hereafter be, incorporated by the laws of this
stute, and having the right to issue bills for
circulation as money, except such banks and
companies as are enumerated in section sixty
of this act and all such bankers aud brokers
as are described in the sixty second (62) sec-
ton Of this act. shall annually, during the
month Of May, make out and return to the
auditor of the county in which such bank or
banking company may be situated, state.
ment, as provided in the sixtieth and sixty
first (60 and 6D sections OF this act.
Sec. 81. 1t shall be the duty of the audi
tors of the several counties in which one or
more such banking companies, as are men,
toned in the preceding section, may be sit
uated, upon receiving returns Of their notes
and bills discounted, and all other moneys,
effects. or dues, as provided in the sixty (60)
and sixty first (6D sections OF this act, to
enter the same for taxation upon the grand
duplicate of the proper county, and upon the
city duplicate for city taxes, in cases where
such city tax is not returned upon the grand
duplicate, but is collected by city officers
which amount, so returned and entered
shall be taxed for the same purposes, and to
the same extent, that personal property is
now or msy be taxed, in the place where
such bank or banking company is situated ;
and such tax shall be collected and pa i'd over
in the same manner that taxes on other per-
sonal property are required by law to be col
lected and paid over.
Sec. 68. Each auditor of any county,
within the limits (which any bank or bank
ing company may be located, shall, in case
any president or cashier Of such bank OF
banking company, as are mentioned in the
preceding section, refuse or neglect to make
out and deliver TO the auditor the statement
required in the sixtieth (6U and sixty-first
| (6l) sections Of this act, enter upon the du.
picate Of the proper county, for taxation as
aforesaid, us the amount of capital, fifty pei
cent. In addition to the amount Of the capital
stock OF such bank or banking comp psnX-4
and in order to ascertain the aversge amount
of notes and bills discounted or purchased
and all other moneys, effects or dues of ev.
cry description. belonging to such bank OF
banking company, loaned, invested, or 9TH
erwise used or employed with view to pro.
fit, or upon which such bank or banking
company receives, or is entitled to receive,
interest, such auditor is authorized to take,
or procure 10 be taken, the testimony of such
of the officers, directors or stockholders oil
such banking company, or of other persons
known or supposed by him to be conversant
with the affairs of such bank or banking
company, as may enable him to ascertain
the amount upon which such bank or bank
ing company should be taxed, agreeably 10
the provisions of the sixtieth (60) and sixty
first (6l) sections Of this act; to which
amount, when so ascertained, he shall add
fifty per cent?, which amount he shall then
enter upon the duplicate for taxation, as pre-.
scrbed by this act +; provided, that in cases
where city toxes are assessed and collected
BY city authorities, the taxes upon banks fol
city purposes shall be assessed and collected
the same as city taxes.
.,, MISCELLANEOUS.
Sec. 60. Every person shall be liable to
pay tax for the lands or town lots Of which
he or she may stand seized for life, by cur.
tesy, in dover, or by husband in right oI
his wife, or may have the care Of as guardian,
executor, or as agent, or attorney, having
funds of the principal in his or her hands.
Sac 10 IL ia herebv- made the dutv of