The Portage County Democrat. [volume] (Ravenna, Ohio) 1854-1868, 1859-05-04
WHOLE NUMBER 266.

H.
seeu the vaue of money, and credits Iequiredto be
is,ed including all balances of hook accounts; four
eenn the 'nlue of the invested in bonds Stocks
JOINT stock companies. otlersise which such person
Is hy this act required tolist.
SEc 8. II he no articles of personal pronertv
moneys, o. credits, Investments bonds stocks joint
G Nv ,h o, which such person would
account of others, he firth sach fact to the
sessOr who shall require the affirmation of such
person to the truth of the same.
Il RULES vALUNe PROPERTY.
SIC g. Each separate parcel of real property shall be
valued at its true value in money excluding of
the crops growing thereon; but the price for which snch
real prone ty would sell at tion forced SALE
sha not he taken the criterion of such true value
or to any county city, charitable Institution, whether
or unneorporated. aud school ministeri
Iands, held under LEASE for term exceeding f,e
years. shall be valued such price the be-
@ eona he obtained at private sale for such lease
noEu Persoral property. of every description.
shall be valued at the nal selling price of similar
may then be; fh re be no usual selling price
known TO he person. whose duty it shall be 10 fix val.
obtained therefor in money al such time and place. In
yes nents in bonds, stocks joint companies or
a snan pc valued at the rue value thereof in
shall he entered in the statement the full amount
entered their current value Every credis for sum
certain payable either in money, property any kind
sum SO payabie if for rpeci6e article specified
number or quantity of any article articles of proper
any kind shall be valued at the price of such
property or of such labor service, the place where
ods shall br yslu the price which the person listing
the same, believes them to lie worth in money Where
any person persons. natural or artiicin-and the
right to eny mineral therein in another Others the
same shall be valued and listed reeably such
in seParute entries and taxed the parties
ing the same. e>peciively.
be euted to any deduction, on account of any bond
note or obligation of any kind, given to any mutual
scrinton to any religious literary scientific or chars
PIE ansaten ut or society nor on account of any sub
of any company whether incor GRATED unincerpoat
OF LISTING AND vALuING PROPERTY OF MERCHANTS
AND MANUFACTURERS, AND OF BANKERS, EXCHANGE
KE' AND STOCK JoBBERs, ETC.
sEo II. Every person that shall own or have in his
orty within this state, with authority to sell same,
which hall have been purchased either of this
state with view to being sold at advanced price,
pr f., which shall have been consigned to him. from
any place out of this stale for the purpose being sold
at any place within this Safe, shall he held
chant; and when he shall be by this required to
make out and deliver to tbs assessor statement of his
other personal property he shall state The value
pro- erty appertaining his business a merchant;
and IN snng the value thereof he shall take The
al prorery which be shall have lad from time TO time in
his Iossession or Under his control during the year
long he he shall have been engaged in business; IL
ed and tue average shall be made up by taking the
amount in value on hand, nearly may be- each
msking such statement shall have heen engaged in bust
ness adding togeher such amouns and dividing the ag-
the person making the statement may have been in bust.
ness during the preceding wear; provided that
signee shall be required to list for taxation the
property the product of this state which shall have
been consigned to him. for sale otherwise, from any
pase mhn IN & the state nor the value Of any property
pose of being stored forwarded; provided he shall
to Be m e oi
used in this and the succeeding shall held
SEC. IL. Every person who shall purchase receiye or
hold personal operty of any description for the pur
manufacturing refining, rectfying, by the combna-
ton of different materials with view Of making gain
and he shall when he is required make aud deliver 10
the assessor statement of the of h other per-
statement the average value estimated as provided in
preceding section of all articles purchased received
in part any process operation ofmanufacturinR
com lining, rectifying refining, which from time 10
yous TO the time of making such statement long
he shall have been engaged in such manufacturing bust
SO engaged. Every person owning manufacturing
Enlistment tab % Of a.; any kind and every shall
engines and machnery of every description used, de-
signed 10 be used in process of refining
turing, Except such fixtures shall haye consds
ed as part of any parcel or parcels of real property in
sudng n H. tools 90 sand and mp Of every kind used or
SEC; Is When any person shall commence any btsi-
Monday April I value 5ee Of ~os
personal property employed in such business shall not
taxation in said county such person report to The
auditor of the county the probable yalue of the
personal properly by him intended 10 be employed in
business until day preceding the second Monday
of April thereafeer and shall into the treasury of
the levy for all purposes on the average So emnoys a.
the from the day cd which be shall commences such
MONDAY Of April bear 10 pe one
Provided that if tile listing his capital shall
y in this in which capital Lad been prsyieus-
y listed and taxed for the amount of the assessed
and by him paid the capital for the same year
then and in that it shall be receipt from pavia1
taxes again on such capital.
SEC. H.. When any person shall commence or engage
in the business of dealing stocks OF any descrptie5 Or
in buying or shaving any kind of bills of exchange,
kind Of writing obligatory Is mentionedm in The
ond section of this act AFTER day preceding the Sec
whose properly intended to be in such
business shall not have been previously on the
shall report to the sudor of the county probsb ay
ernge value Of the personal property by him intended 10
be employed in such business until the day preceding
the second Monday in April thereafter and sa pay into
the Treasury Of such county which shall besr the
same proportion to the levy for all purposes. the
erage value so employed the time the day on
which he shall commence engage in such business IS
April next succeeding shall bear 10 one year -
SEC; Il. If any person shall commence engage in
business aforesaid, and shall not, within one
m nth thereafter, report to the county auditor and
make TO the county as before requir-
to be paid by the twoprecedng sections to be ascertain
ed, as near as may be- by he tesm Of Witnesses and
recovered befoe justice of the peace tie court
of common pleas by civil action in the the
county treasurer Tor the OF the county, process
issuedout of the court of pens such action
shall be directed to the officer and may bs served
in any county in this state.
SIC. 10. The president secretary or principal &C.
counting officer of canal or slack navigation
company, railroad company, turnpike company, plank
road company, bridge company, insurance company tel
egraph company or other joint stock company, except
banking other oraions whose taxation Is spec-
cay Provided for this whatever pu pose they
may have been created, whether incor rpoiated BY any
law of this state shall list for talaton, verified BY
the oath aTma ion of the person. listing all the
personal property, which shall be held include road
bed and wood stations such realty as s
moneys and credits of such company Corporation,
within the state at the actal value in money in manner
following: in all cases return shall be the serer
al auditors of the respective counties where such prop.
erty be situated, together with statement Of the
amount of such property which situated in each town
Slip incorporated village city ward therein the vae
and sed property and real estate and apportoned to
such wards cities, Incorporated villages or tunshps
pro in proportion to the value the real estate
lage township; and all proI ey listed shall be cub.
ject to and the taaes other property Hated In
such ward city, Incorporated village nship. Il
shall he the duty Of the accounting officer aforesaid
make return to the auditor of state during OF
May OF each year. the aggregate amount of all property
by him returned required by The provisions Of this
the same may be located If the county auditor, to
whom made Is of the opinion that false or in.
valuations have been made that the property
of the corporation has not boen se5 =
it's full valu that IL has not been listed in the loca-
ton where properly belongs, in where no re-
required proceed to have valued and aeaesc.
cd in the manner as Is prescribed several
sections OF this act regulating the dulles Of county audi
tors: provided, that nothing in this shall be 40
construed as to tax any stock interest In oink
stock company held by the state of Ohio provided that
every of insurance company incorporated sy
the authority of other state
the auditor of the county in which the Office or
agency of ch company may be kept in tho month Of