Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1859-05-13

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their tue value, to such price or sum as they
inay believe to be ellie true valne thereof
hgrecably to the rules prescribed by this act
for tho valuation thereof I'd. They shall
reduce the valuation Of such tracts and lots
as, in their opinion, have been returned
above thoir truo value, rs compared with
the average valuation Of the real property of
such county, having due regard to the rela-
tive situation, quality Of soil, improvements,
natural and artificial advantages, possessed
BY each tract and lot. Sd. They shall not
reduce tho aggregate value Of the real prop
erty Of the county, below tho aggregate val
ue thereof, as returned by the assessors, with
the additions made thereto by the auditor,
as hersinbefore required; the county auditor
shall keep an accurate journal or record Of
the proceedings and orders of said board.
Sec. 40. There shall be special board
for the equalization Of the real property in
the city Of Cincinnati, to be composed of
the county auditor and six citizens Of said
city, TO be appointed by the city council;
said board shall meet at the auditors office
in Cincinnati, on the fourth Monday OF Oc-
tober, ono thousand eight hundred and City
nine, and every sixth year thereafter, and
shall have power TO equalize the value
Of the real property within the city of Gin
cinnat, and shall be governed by the same
rules, provisions and limitations that are
prescribed in the preceding section for tho
government Of the county boards for the
equalization Of property.
Sec. Al. Each county auditor shall. on
or before the first Monday of December, one
thousand eight hundred and fifty-niue, and
every sixth year thereafter, make out and
transmit to the auditor of state an abstract
Of the real property Of each township in bis
county, in which he shall Tset forth-lsl.
The number of acres, exclusive Of town lots,
returned by the several assessors in hiscounty,
with such additions as shall have been made
thereto. I'd. The aggregate value Of all
such real property other than town lots, as
returned by the several assessors of his couu-
ty, inclusive Of such additions as shall have
been been made thereto. under the provis-
ions of this act. 3d. The aggregate value
Of the real property in each town in his
county, as returned by the several assessors,
with such additions as shall have been made
thereto.
sTATE BOARD OF EQUALIZATION.
Sec. ~. The state board of equalization
shall consist Of one member from each SEN
atorial district of the state, except the first
district, which shall be entitled to three
members, all of whom shall have the quail
ifeatious Of electors; and the qualified cleo
tors Of each senatorial district shall, at the
October election, in the year one Thousand
eight hundred and ifty-nine, and every
sixth year thereafter elect persons to serve
ms members Of such board of equalization
in accordance with the provisions of this
section; and the returns Of the poll-books
and certificates Of election shall be govern
ed by the law regulating the election of
senators; and in case of vacancy in such Of
flee, either by deatb, resignation or otherwise,
the governor Of the state shall have power to
appoint person, who shall be resident elec-
tor Of tho district so vacated, to fill such va
cancy, as soon as he shall be Informed there
of; the auditor of state SHALL by virtue of his
Office, be member of this board. The said
board shall meet at Columbus on the first |
Monday of November one thousand eight |
hundred and fifty-nine, and every sixth year
thereafter, and the members thereof shall !
each take an oath or affirmation, that be !
will to the bost of his knowledge and abiI-
ity, so far rs the duty devoIYes on him,
equalize the valuation of real property among
the several counties and towns in the state,
according to the rules prescribed by this act
for valuing and equalizing the value of real
property; and having received from the au-
ditor of state the abstracts Of real property
transmitted to him by the several county
auditors, said board shall proceed to equal |
ize the same among the several towns and |
counties Of the state, in tho manner herein |
after prescribed: 1st They shall add to
tho aggregate valuation Of the real proper
ty of every county which they shall believe
10 be valued below its true value in money. |
such per ceHtum, in each case, as will raise |
the same to its truo value in money. I'd. |
They shall deduct from the aggregate vala-
alton Of the real property Of every county, |
which they shall believe TO be valued above !
its true value in money, such pcrcentum in
each casa, as will reduce the same to its
true value iu money. Sd. If they shall be- |
liere that right and justice require the val
uation Of the real property Of any town or
towns 10 any county, or OF the real property |
Of such county not in towns, to be raised, or
10 be reduced. without raising or reducing
the other real property Of such county, or
without raising or reducing il in the same
ratio, they may in every such case, add TO
or take from the valuation OF any one or
more such towns, or Of property not in towns,
such per centum as they shall believe will
raise or reduce the same to its true value in
money. 4th. They shall not reduce the
aggregate value of all the real property Of
the state, rs returned by the county audit
ors, more thaa ten millions Of dollars. 5th.
Said board shall keep fun record OF their
proceedings and orders.
pUrus sT1TE AupfroR.
See -. WAen tbs state board Of eqaslisstion shah
hare comp their equalization Of real property among
the several counties, the suditor Of state shn Aasm
% each eoantg auditor statement of the per centun 70
BE- added 10, dodaSied from the valuation Of the real
property Of bis county specifying the per added
IT, or dedacod from the vantion of the real property Of