Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1859-05-20


or employed, with view TO profit, or upon
which such bank or banking company re-
ceivcs, or is entitled to receive interest, to
be returned as aforesaid, there shall be Ia
ken as criterion, the average amount of
the aforesaid items for each month during
the year next previous to the time of ma
king such statement, if so long such bank
or banking company shall have been en-
gagged III business and If not, then during
such time as such bank or banking compa-
ny shall have been engaged in business
and the average shall be made by adding
together the amount so found belonging to
such bank or banking lcompany in each
month so engaged in business, and dividing
the same by the number Of months so ad-
ded together.
Sec. so. Every person who shall have
money employed in the business of dealing
in coin, notes, or bills Of exchange, or in the
business of dealing in, or buying or shaving
any kind Of bills ofexchauge, checks, drafts,
bank notes, promissory notes, bonds, or
other writing obligatory, or stocks of any
kind or description whatsoever, shall be
held to be banker, broker, or stock jobber,
and in making out their statement for tax
alton, as required by the sixty-sixth section
of this act shall include in his statement
the average value estimated as provided in
sxtieth and sixty-frst sections of this act
Of all moneys, notes, bills of exchange,
bonds, stocks, or other pr operty appertaln-
ing to his business as q banker, broker, 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, if so
long he shall have been engaged in such
business, and if not, then during the time
| he shall have been so engaged.
Sec. SO. 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,
l945, shalt during the Month of May in
each and every year, make the written
statement required by the sixtieth (60) and
sixty first (61) sections of this act, TO the
auditor Of state. In case the president
and cashier refuse or omit to mako such
statement; the auditor Of state shall ascer-
tain 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 pei
cent. The auditor of state shall proceed
to assess thereupon the amount Of taxes fo
the various purposes assessed upon property
in the locality where said bank has its office
of which assessment the auditor shall Civ,
notice TO the president and cashier of an,
such bank. On tho Goth day of Decembe
in each year it shall be the duty of tho
comptroller to draw in favor of the treasu
rer of state upon each and every sucl
banking company, for the amount Of taxes
so assessed, which draft it shall be the duty
of the said president or cashier to pay forth
with into the state treasury.
Sec. 64. In default Of any such presi
dent and cashier to pay the amount of the
said draft to the treasurer of state, at biz
office, on or before the thrty-first day o
December in any year, the treasurer of state
shall Immediately notify the attorney gen
eral thereof, who shall thereupon proceed
in the supreme court of the state, agains
the said president and cashier, by msnda
mus, to compel the payment of the sale
taxes; and it shall be the duty of the sale
court to allow the said writ Or the attor
ney general may also, at his option, com
mence'a civil action against the presden
and directors of said company, in the eour
of common pleas or the superior court 0
Franklin county, in the name of the state
for the amount of such taxes.
Sec. 65. All taxes, so paid to, or collect
ed by, the state treasurer, shall be distribu
ted by the auditor of state, in the propol
tions to which the several counties, town
ships, and other local organizations are On
titled.
Sec. sc. All other banks or banking
companies that shall have been, or ma
. hereafter be, Incorporated by the laws Q
this state, and having the right to issu
bills for circulation as money, except sucl
$ banks and companies as are enumerated il
section sixty of this act; and all such bank
ers and brokers as are described in the six
ty-second (62) section of this act, shall an
, nually, during the month Of May, make ou
+ and return to the auditor Of the county il
r which such bank or banking company ma,
5 be situated, a statement as provided in tn
. sixtieth and sixty-frst (6o and el) section
/ of this act.
Sec. 67. 1t shall be the duty Of tn
: auditors of the several counties in whicl
one or more such banking companies, a
arc mentioned in the preceding section
= may be situated, upon receiving returns o
| their notes and bills discounted, apd all 9th
: er moneys, effects, or dues, as provided il
r the sixty (60) and sixty-first sections of thi
t act to enter the same for taxation upon th
f grand duplicate of the proper county, anc
: upon the city duplicate for city taxes, in ca
: sss where such city tax is not returned up
on the grand duplicate, but is collected b,
! city officers; which amount, so returned anC
entered, shall be taxed for the same purpo
ses, and to the same extent, that persona
: property is now or may be taxed, in th'
place where such bank or banking compa
ny is situated and such tax shall be col
lected and paid over in the same name
} that taxes or other personal property arc re
: quired by law to be collected and paid over
! Sec 6s. Each auditor of any county
| within the limits of which any bank o
banking company may be located, shall il
case any president or cashier Of such banl
or banking company, as are mentioned il
the preceding section, refuse or neglect L
,,alvo a,,t aud laIsyn. 10 tba au1;to. IL,