Holmes County Republican. [volume] (Millersburg, Holmes County, Ohio) 1856-1865, 1859-04-28
LAWS OF OHIO:
pu1,snhed by Aufhorftv.
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Pubished by Anthority. =.
-seg sssFz so AN ACT @i So 3
For The Assessment and Taxation Of al Proper-
ty In this State, and for ieyying Taxes there-
on sosording b its true value IN money. sS
szcrlos 1. Bsa osadea 5y Ue GAsrd A.
sssky qf ths 6ate Of Ohio, That all property.
whether real or personal, in this State, al mo-
neys credits, Investments in bonds. stocks, joint
stock companies, or otherwise. of persons re-
siding therein; the property Of corporations
now existing or hereafter created, and the prop
srty Of all banks or banking companies, nov
existing or hereafter created, and Of al bank
ers, except such a. Is hereinafter expressly ex.
cmpted, shali be sabject to taxation; and such
stocks, Joint stock eompaniesor otherwise or the
value thereof, shall be entered on the List oftax-
nble property. fOr that purpose, In the mannsr
prescribed BY this act. If'f s ~ -
Sec. 2, The terms S-real property" snd
sland," wherever used in this Get shall be held
to mean and include not only the land ITSELF
whether laid out In town lots or otherwise, with
all things contained therein, but also all build
ingz, structures and Improvements. and other
fxiures of whatsoever Kind thereon. and all
rights and privileges belonging or In any wise
appertaining thereto. The term ~investments
in bond" whenever usel in this act. shall be
held to mean and inclndel all moneys invested in
bonds, of whatsoever kind, whether issued by
Incorporated or unineorporated companies. cities
towns. Townships. counties. states, or other cor
poratIons. or by the United States, held BY per-
ssps residing in this state. whether fur them
selves or Is guardians, trustees or agents The
term Investments In stocks" wherever used
in this net. shall be held to mean and include
all moneys invested in the public stocks of this
state, or of the United States or in any associa-
ton. corporation, joint stock company or other
wise, the stock or capital Of which is or may be
divided into shares, which are transferable by
each owner, without the consent Of the other
partners or stockholders, FIR the taxation of
which no special provision is made by this act,
held by persons residing in this state, either for
themselves. or as guardians, trustees or agents.
The term 'oath," werever used in this act, shall
be held TO mean oath or affirmation. EFere
word in this act importing the masculine gei-
der. may extend and be applied TO females as
well as males The term personal property"
wherever used in this act, shall be held to
mean and inelnde LIST. Every tangible thing
being tho. subject of ownership, whether AMI
mate or inanimate, other than money. and sot
forming part of any parcel Of real property as
hereinbefore defined. 3D. The capital stock,
undivided profits, and all other means. no.
forming part of the capital stock of every com
pany, whether incorporated or unineorpora.ed
and every share, portion or interest In such
stock, profits or means, by whatsoever name the
Same may be designated, inclusive 7cf every
,are or portion, right or interest, either legal
or equitable in and to every ship, vessel or boat.
of whatsoever name or description, used or de-
signed to be used either exclusively or partial
ly in navigating any Of the waters within or
bordering on this State, whether such ship, yes-
sci or boat, shall be within the jurisdiction of
this State or elsewhere, and whether the same
shall have been enrolled, registered or licensed
Ut any collectors Office, or within any collection
district in this State or not. The term money"
wherever used in this act shall be held to mean
and include gold and silver coin, and bank
notes in actual possession Of solvent banks, and
every deposit which the person owning. hold-
ing In trust or having the beneficial interest
therein, il entitled TO withdraw in money, on
demand. The term "credits" whenever used
in this act, shall be held to mean the excess OF
the sum of all legal claims and demands, wheth-
er for money or other valuable thing, or for la
Dor or service due, orto become due, TO the per-
soa liable to pay taxes thereon. including de-
posits in banks or with persons in or ogt of this
state, other than such rs are held TO be money
as hereinbesore defined by this section. when
or demand at its true value in money } over and
above the snm of legal. bona fide debts owing
by such persons. But in making up the sum
Of such debts owing. there shall be taken into
account no obligation to any mutual insurance
company, nor any unpaid subscription to the
capital stock of any joint stock company, nor
any subscription for any religious, scientific,
literary. or charitable purpose; nor any ac-
knowledgement of any indebtedness unless
founded on some consideration actually reeeiy-
ed and believed at the time of making such ae-
knowedgement to be full consideration there
for; nor any acknowledgement Of debt made
for the purpose of diminishing the amount of
credits to be listed for taxation; any greater
amount or portion of any hability Us surety,
that the person required to make the statement
of such credits believes that such surety is in
equity bound, and Will be compelled TO pay, or
to contribute in case there be no securetics: pro-
vided. that pensions receivable from the United
States, or from any of them, salaries or payments
expected to be received for labor or services to
be performed or rendered, shall not be held to
be annuities within the meaning of this act.
Sec 8. That all property described in this
section to the extent herein limited shall be ex-
empt from taxation, that is to say, lst All
public school houses and houses used exclusive
fy for public worship, the books and furniture
therein; and the grounds attached to such build
ings necessary for the proper occupancy, use.
and enjoy ment of the same, and not leased or
otherwise used with view toprofit. All pnb-
iccolleges and academies, all building connect
ed with the same, and all lands connected with
public institutions of learning. not used with a
view to profit. This pfoyisica shall not extendto
leasehold estates ofreal property, held under the
Authority of any college or university of learn
ing of this state. ID. Ali land used exclusive
" as grave-yards or grounds for burying the
dead. except such Is are held by any person er
persons, company or corporation, with view
TO profit. or Tor the purpose of speculation in the
sale thereof. Sd. Ali properly, whether real
or personal, belonging exclusively to this state,
or the United States 4th. All buildings be-
longing to counties used for holding courts, for
ja,is. or for county Offices, with the ground. not
exceedipg in any county ten acres, on which
such buildings are erected 5th. All lands,
houses. and otLer buildings belonging to any
county, township or town, used exclusively for
the accommodation orsupport Of the poor. 9th.
All buildings belonging 70 institutions OF purely
public charity, together with the land actually
occupied by such Institutions, not leased or 9TH
erwise used, with view to profit. and all mo-
neys and credits appropriated solely to sustain
Ing, and belonging exclusively to such institu-
tons tn All hre-engines and other imple-
ments used Tor the extinguishment Of fires, with
the buildings USED exclusively for the safe keep
ing thereof and for the meeting Of fire compa-
nies. whether belonging to any town, or to any
6recoEpany organized therein. sth. All mar
ket-houses, public squares or other public
grounds, town or township houses or halls used
exclusively for public purposes, and all works,
machinery and fixtures belonging to any town,
and used exclusively for conveying water to such
town. 9Th. Each ind. sidual in this state may
hold exempt from taxation personal property Of
any description Of which such individual is the
actual owner, not exceeding fifty dollars in val
ne; no person shall be required to list greater
portion of any credits than he believes will be