Kenosha tribune & telegraph. [volume] (Kenosha, Wis.) 1856-1859, 1859-04-07

make out a statement of property for taxation
snail have no property which by this act he i
required to list, either on his own account or il
behalf OF others, lie shall set forth such fact o,
Inc blank statement left with him by the Asses
soE, and shall make oath to the truth thereof
RULES FOR yALCING PROPERTY.
SEC. ~. Each parcel of real property shall
be valued at its true value in money. sxcludin
the value of crops which may be growing there
on. All real property belonging to any relig
lous, literary, scientific or benevolent institn.
ton or society, as well as all school aud uni.
versity land, held under lease, except as prvided
IN section six in this act, shall be valued at such
price, as the Assessor believes such leasehol1 es
tate would command III money. Personal prop
erty shall be valued at the usual sellinr nricas
at the place where the same may be held but if
there be no usual selling price known to the
person required TO fix a value thereon, it shall
be valued at such price as is believed could be-
obtained therefor in money, at such time and
place Money, whether in possession or depos.
tied subject to be Withdrawn on demand
shall be entered in the statement at the fnlI
amount thereof; provided, that deprecated
bank notes shall be entered at their current val
ue. All credits, except those expressly EXEMPT
ed by this act, shall be listed for taxation ifa
credit calls for specific article articles of pro-
perty, or for specific amount of labor or SER
q
such property Tabor or service Annuities shall
be valued at such price as the person listing be-
GeveS them to be worth in money Mantfac.
tnred articles remaining unsold in the hands of
the manufacturer, shall be valued at their trua
value in money. No person shall be required
to list a greater portion of any credits, than he
believes to be collectable, nor greater portion
of an obligation given for the person of rent.
than the amount which may thenbe actually due.
NJ la1l IL Al,
his personal property, any greater portion of
his liability as sesurity for others, than he be-
lieves that he is legally or equitably bound to
pay as such security.
MERCHANTS AND MANUFACTURERS.
Sec. 10. Every person who shall own. or hold
subjects to his control, any personal pronerty
within this State, which shall have been mr.
chased with view of being sold at an advanced
price or profit, or which shall have been cnrs;onN
ed to him for the purpose of being so sold s6nn
be held to be merchant. And when sncb no..
SON shall be required, according 10 The proyis.
ions OF this act to make out and deliver to The A.
Se'sor,a statement OF ms other personal pronerty
he shall include IN such statement the voi1,o cf
personal property appertaining to his bnsinoss
as merchant And in estimating the volno &c
such property, he shall innate the avaraoo
value OF all such articles of personal pron.rfy
which he shall have had in his possession ~
der his contr during the yearnext preced;no tbo
time OF making such statement or d,r;noo -
portion of said year which he NAV have bes, az
gagged In such business In order TO arrive ~
the average value OF such property, he shall es-
innate the amount on hand, as nearly nc MO-, h,
III each month of the preceding wear or :,ot
part thereof as lie may have been engaged i,
Sucu business then add the several oa,,tl -
estimates, and divide the aggregate by tbe Nun
Der OF months he may have been thus enpaoed
in business proviaed, that no conscience isaIi.
be required to list for taxation, anT pronrytv
to him. Tor the mere purpose ofbeinS
stored or forwarded And provided furtbor +in5
the word person., when used in This and 60"
feul succeeding sections, shall be held TO men,
and include company firm or 'cornoratio,
MS the same may require
Sec IA Every person who shall commence
merchandising, any town. CITY or vinaga i,
thas Safe, after the first Monday in .TnIv n ,,v
} ear, ana the value of whose personal propsrty
so employed, shall not have been listed for tax.
n'lon' shali report under oath, to the clerk of
the Board of Supervisors of the county in which
he is engaged in business, the probable amount
Of the average value of the personal oropertv in
tended by hlm to be so employed; and such
amount shall DO entered by the said clerk ON the
roll of the town or civ in which
such business may be carried ON and sucb nron
erty shall be taxed, the same as lift had been re-
turned ny the proper assessor. But if such re-
port shall not be made TO the cIel of tba ReDrd
VI Supervisors, till after the rol I'LL
have been distributed among the towns and c;t-
les tho said clerk shall forthwith notify tka clerk
Of the proper town or city. Of the amount of
such property, and the name of the person i'm
which the same should be taxed and the clerk
Of such town or city shall enter the same on the
ist OF property Tor taxation, with the amount of
tax to be collected therefrom
Sec. 10. If anV Derson ShaH
as designated in the forepoing sec
ton, and shall not within two months tharn.ftor
report in accordance with the reauiren>ants NJ
section fourteen Of this act, such person shall
forfeit and pay two per cent on the yaIue of tha
personal property by him so employed; and tLo
value "i such property shall be asceriained by
the testimony OF witnesses called by the Treas
urer of the town or city in which such business
may be carried on; and the said penalty shall
be collected by such Treasurer by suit before
any justice OF the Peace or court having iuyis
dictlon thereof, and when such penalty shall he
collected, the. amount shall be distributed in tbe
same proportion as other taxes; provided If shall
be the duty of said Treasurer tonofifv such nner-
chant OF the above requirements of law, at least
thirty days before the commencement of smch
suit.
Sec. l6. Every person who shall purchase. or
hold personal property, for the purpose of ad
ding to the Valuc thereof, by any procexq of
refining, or by the combination
of different materials shall be held to be a man.
and when such person Shall he re-
CURED to make out a statement of other person
al property for taxation, he shall state the aver.
age valse, ascertained as provided in section
lmrteen OF AL articles purchased or held for the
process OF manufacturing refining, or COMBINING
which he shall have on hand during the wear
next preceding the time of making such state
ment, and the amount Of all money and other
capital by him used, in such process of manu-
acturlng refining or combining; and such state
nent he shall attest on oath, az required in
other cases.
Sec H. Every manufacturer shall list the
alue OF all engines, tools, any machinery of
every description, not forming part eff any par
Tel OF real property, used or designed to be used
N any process of manufacturing, as defined in
this fact
DISTRICT ASSESSORS.
Sec, IL. 1t shall by the duty of the Assessors
elected tor the year one thousand eight hundred
and nifty nine, and every second year thereafter
to list and value all the real property of this
State net expressly exempted from taxation in
the manner provided by this act.
sec. ~. Each assessor shall make out from
such sources OF information, as shall be within
hls reach, correct and pertinent description of
each parcel of real property in his town, city or
waru' ana II ne shall deem 1t necessary, he may
require the owner or occupants of such property
to furnish such description. If the owner or
occupant shall refuse or neglect to furnish any
Such description, when demanded by the asses
or, the assessor may employ surveyor to as
certain the boundaries and quantity of such pro
perty; and the expenses of such survey shall be
returned to the clerk of the town or city in
winch such property is located; and by said clerk
shall be added to the tax upon snch property,
and when collected shall be paid over TO such
assessor for the use of the persons to whom the
same may be due.
Sec. 20. The assessors shall, from actual view
and from the best sources of information within
their reach, determine as nearly as practicable
the true value of all the real property within
their respective districts according to the rules
prescribed by This act for valuing property.