M'arthur Democrat. (McArthur, Vinton County, Ohio) 1853-1865, 1859-05-05

/ such person is by this act required to list
7 provided, iba: if such person shall exhibit :
the assessor the animals or other articles o
: personal property above enumerated, IN
, value Of such property 50 exhibited may b
: omitted in such statement, and the assesso
shall in such cases determine their yalu
without requiring the oath OF The persoI
/ making such statement as to the value there
Of, and such person shall in that case be re
, quired only to make oath or affirmation Z
the value Of the remainder Of the pefsona
property which he is required 10 list; 0ighoi
Z every gold aud silver watch, and the valu
thereof; ninth, every piano forte, aud tn
: value thereof; tenth, the value OF the good
} and merchandise which such person is Tequi
) red to list as a merchant; eleventh, the valul
, Of the property which such person is requi
= red TO list banker, broker, or stock-iobber
twelfth The value OF the materials AMI man
, ulactured articles which such person is requi
2 red to list as a manufacturer; thirteenth, In,
value Of money, aud credits required to b,
listed, including all balances of book ac
counts; fourteenth, the value of the moneys
invested in bonds stocks, joint stock com
paniGs, or otherwise, which such person !!
BY this act required to list.
Sec. s. If there be no articles OF perso
nal property, moneys, or credits, invest
menls in bonds, stocks, joint stock compa
MES or otherwise, 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 assessor, who shall re-
quire the cath or affirmation oil such person
to the truth OIL the same.
RULES FOR vALUIEG PROPERTY.
Sec Q. Each separate parcel Of real prop.
erty shall be valued at its true value in mon
ey, excluding the value of the crops growing
thereon; but the price for which such real
property would sell at auction, or at a forced
sale shall not be taken as the criterion OF
such true value, Each tract or lot Of real
property belonging to this state, or 10 any
county, city, or charitable institution, wheth.
er incorporated or unmcorporatel, aud school
or ministerial lands, held under lease for a
term exceeding i've years, shall be valued at
such price as the assessor believes could BE-
obtained at private sale for such easehold
estate. Personal property, of every descrip-
tiOn, sha be valued al the usual seli ING
price Ofsimildr property at the time of list
ing, aud at :he place where the same NAV
then be- and if there be no usual selling price
known TO the person whose duty it shall be
to fix a value thereon then at such Price as
| it is believed could be obtained therefor. in
money at such time aud place. Investments
in bonds, stocks, joint stock companies or
otherwise, shall be valued at the true value
thereof, in noney- Money wi,-tlivT-ii m IIIysT
session oron deposit, shall be entered in The
statement a the fall amount thereof; provi-
7 ded, that deprecated bank notes shall be en-
tered at their current value. Every credit
for sum certain. payable either in money,
property Of any kind, labor or services, shall
be valued at the full price Of the sum so pay
able; if for specific article, or for a spec-
fed number or quantity OF any article or ar
tices of property, or for q certain amount OF
labor or Tor services Of any kind it shall be
valued al The current price Of such property,
or of such labor or service, at the place where
payable. AnnuiIies or moneys receivable at
stated periods shall be valued at the price
which the person listing the same. believes
/ them TO be worth in money Where the fee
OF the soil Of any tract, parcel or lot OF land
/ is in any person or persons natural or artif-
| cial-Ond the right 10 any minerals therein
/ in another or Others tie same shall be valued
and listed Ugfecobly to such ownership in sep.
anteenries, and taxed to the parties wning
( the same respectively.
! Sec. 10. No person, company, or cOrpo-
ration, shall be entitled to any DEDUCTION, on
account Of any bond, note or Obligation Of
any kinl, given to any mutual Insurance.
cOmpany;nor on account Of any unraid sub
scription to any religious, literary, scientific
or charitable institution or society; nor on
account of any subscription to, or INSTALL
ment payable on the capital stock Of any
company, whether Incorporated or unincof-
| poruted,
or LISTING AID yALuIYG TIE PROPERTY or
MERCHANTS Ann MANUFACTURERS, AND OF
BANKERS, EXCHANGE BROKERS, AND STOCK
JOBBERs, ETC.
| Sec. ! !. Every person that shall own, or
have in his possession, or subject 10 his con-
troll, any personal property within this State,
with authority to sell the same, which shall
have been purchased either in or cut Of this
state. with view to being sold at an ad-
yanced price, or profit, or which shall have
been consigned to him, from any place out
OF this state, for the purpose of being sold at
any place within this state, shall be held to
be merchant; and, when he shall be by
this act required 10 make out and deliver to
the assessor statement Of his other person.
al property, he shall state the value of such
prop erty appetaining to his business as u
merchant; aud in estimating the va ue there
of, he shall take as the criterion the average
value of all such articles Of personal property
which he shall have had from time to time
in his possession, or under his control, du-
ring the year next previous to the time Of
making such statement, if SO long he shall
have been engaged in business; aud if not,
then during such time as he shall have been
so engaged; and the average shall be made
up by taking the. amount in value on hand,
as nearly as may be, in each month Of the
next preceding year in which the person
| making such statement shall have been en-
gagged in business, adding together such
amounts, and dividing the aggregate amount
thereof BY the number ofmonths that the per-
son making the statement may have been in
business during the preceding years proyid-
ed, that no consgnee shall be required to
list for taxation the value of any property,
the product OF this state, which shall have
been consigned to him, for sale or otl erwise,
from any place within the state, nor the val
ue of any property consigned to him from
4 u