Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1859-07-20

only to make Oath Or affirmation TO the value q
r remainder of the personal property which he
required to list; eighth every gold or silver waicl
: and the value thereof; ninth, every piano fort,
! and the value thereof; tcath. the value Of th
goods and merchandise which such person
required to LIST - Il merchant; eleventh, the val
ue Of the property which such person Is reqair
ed to list As 4 banker. broker, or stoek-iObbci
twelfth. the value of the materials and maIufac
turei articles which such person Is required Il
list IL Il manufacturer; thirtecuth, the value o
+ money and credits required to be listed, nclud
ing all ba aIccs Of book accounts: fourteenth. tb
+ value of the moneys invested in bonds. stocks
joint stock companies, or otherwise. which sucl
person is by this act required TO list.
Sec. 8. If there be no articles OF persona
property, moneys, or credits, investments il
bonds, stocks, Joint stock companies or other
wise. which such pc.Son would be. by this act
required to list. oI his owa account. or account
# Others he may set ioth such fact TO the ASSES
Sor. who shall require The oath or affirmation o
such person 10 the truth of the sane.
RULES FOR vALUISG PROPERTY.
Sec. 9. Each separate parcel of real property
shall be valued al IFS true value in money, ex-
Guiding the value Of the crops growing ther on
but the price tor which such real property would
sell at aIction. or at forced sale, shall not bS
taken Is the criterion of such true vai;e. Each
tract or lot of real pOperty belonging 10 thi,
STATE or to any comfy, city. or charitable insti
tuition. whether Incorporated o. unincOrporatcd
and school or ministerial lands, held under i
/ lease for 4 term exceeding five years, shall be
valued at such price 'hr assessor believes could
7 be obtained at private sale for such lcaSehold
estate. Personal property. Of every description,
shall be valued at the usual selling price OF SIM
liar property al the time of listing and at the
I place where the same ma ythen BE-; aud if there
/ be no usual selling price known to the I,ersOn
whose duty it shall be to fix value thereon,
then at such price Is it is believed could be OBJ
tanned therefor in money at such time and place.
Investments in bonds. stocks. JOINT stock COM
Panies, or 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 b. entered AT
their current value. Every credit for n sum
ccrtaln. payable either IN money, property OF
any kind, labor or services shall be valued at
the full price of the sam 50 payable; If tor spe-
cific article. or for specified number or qualit-
tv of ans article or articles of property. or for
certain amount of labor or for services of any
kind, it shall be valued mt the current price of
such property. or of such labor or service, at
the place where PAYABLE. Aunuiiies or moneys
receivable at stated pcriods shall be valued at
,hJ price "hir" ',i' Pe'So' llS''"5 INC va S,'ie'
D'lt''s .hi'h 10 DC NO''h III money nne'c
,he ite o' 'he SUI ol al! '"c'' "'ctl' :" l"' vi
tificial-ard the right to any minerals therein.
in another or others. the same shall be valued
ald listed agreeably to such ownership III sepe-
rate entries, and taxed to the parties owning
tie same. respectively.
Sec. 10. No person, company, or corro-l-
iion. shall be entitled to ANY deduction, On ac-
count "i any o"iu' ho'e os ool'Sa'iol vi any
kihu' SiNeh 10 Any niu'u'l insurance COZ. pa! ;
h"9 on account ol any u'.F"lu S"oScI 10
any e!'4y' Scle'''ihc "r I'd i''''ic
H9'iuiioh Ot socle!l nos Oh aec"%'' vi any
Suos''fr'l"1 90. OK i'S'aiiiiiei' 'Haui: Oh 'iie
e"P',''i s'o'N Vi ""S ."" 'iOti'0'
i''''u vi "''''> vi i''' ''ei
OF LISTING AND yALuING THE P7OPEaTr OF ME2-
ANTS AND NANUFAcTUaEEs. AND OF BANKERS.
EXCHANGE BROKERS. AND STOCK JoBBZaS, Erc.
Sec. IL. Every perso, that shall oxn. or
have in possession, or subject TO his cantrul.
any pcrsonsonal property within this state. with
authority To sell the same, which shall have
been purchased either in or out Of this state.
with a view To being sold at an advanced price
or profit. or which Shall have been consigned to
him. from anv rlace OFT of this state for the
purpnse of b'ine sold at anv place within this
state. shall be held to be a merchant: and, when
he shall be BY this act required to make out and
deliver to the assessor statement of his other
personal property. he shall state the value of
such urnDerty aupertainInr ta his business as
merchant: and in estimating the value thereof,
he shall take As the criterion the average value
of all such articles of personal property which
he shall have had finm time 10 time in his pos
session. or under his control. during the wear
next preyious To the time of making such Stale
n,eut If Sd long he sI,all have been en.,are,I in
business. and if not. then durinu such time rs
br sb,ll have bepp so ENGAGED and the AVERAGE
shall ne mad, M by taking the amount i'm val
ne o,, hand. Is nearly is may be. in each month
of the next prrceding vca- in which the person
making such st.aement shall have been encar-
ed in business. adtline together such amounts,
and DIVIDING the acrreoate amount thereof by
the number of months il.at the person maxim.
the statement NAV have been in business during
tLc precedino wear: p-ovided. that no cons;rnec
shall be required To list for tayaiion the value of
any nroDprtv- the prrIuct of this STATE which
shall have hecn cnnsicued TO hii,. for sale or
otbcrvi.c. from any tIa.e within the state. nor
tbc I,a of ,u,, ,,r,nart,, consiO,ed Tn him frn,n
,nv other nIace for thu: sole nurpoee of being
stn.d ar forwarded urovi,le;l. he shall in eithe.
case. have no inie-eSi i'm such property. or any
nroft to be derived from; lis sale: and the word
rarson as used in this and The succeetin, sec
fin.ls shall Dta held tn and include tlTm.
comrany and incorpo.a,ion.
SEC 10 Every rerson who shall purchase.
r,c;r, nv boIJ p,rsn,al rror,rty of any ,leScrip
,;o, f,- tbe nurp,se ofaIdinr 10 the value there
nf bv ,,v nroress of manufacturing, refining.
rnc,;fvinc ar b, the combination of different
n,.te::;,ls with \ view Of milking cain a. -nrol-
Il. bv so io;no. Shall be held TO be a nanuf1riur-
ar. md bc sLaIl when h. i rco1ire, TO make
,,d ,Irliver to The assesso- statement of the
sr,or,.t of his o;bnr ne-sn,al r-op.rtv subject
~, t,v,tin, also include in his statement the
,,.,,r,,,,. ,,I,e ,stiy,ted s prov;ded in ;I. r,re
crIin7 sec ion of all article! purchased. received
or ,,,bcrv-is,. held fur te purpose If being used
in Who'll, mr. in part. in anv process or operation
.of ,,,rnf,rtrrinr combininq. rpctifyinr or re-
6,;no which from time to time he shall have
lad M band during the wear next nrevlngs TO
the time Of making such statement. if so long
IN. Shall have bccn eng;f-e,I m such manufacture
inc, hrs;ncss. and if not. thea during the time
H.. .I,,I L,vr brrn so enea-ed. Every person
nU,n;ng ma,uf1cturing establishment of anv
L;nJ 5,,J CORY ,naurf,rturr shall LIST As mart
of his manufacturers stock the value of all en-
zines and machinery of every description, used.
~ dcs;.,nod to bc n.ed in aiy urocas, of rrfin
;',,, -. f,cturiDs- C,yr,rt sI,,b tixtures rs
sb5II have bren considered a. mart of anv rarrel
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