The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1859-09-16
LAWS OF OHIO.
(PuJl'shed by Auhority)

For tho Assessment and Taxation Of all
Property in this State, and for levying
Taxes thereon according to its truo value
in money.
SECTION. |. BE IL enacted By tie Gen.
erdt 1sSenaJiy of tie StOte of Ohio, That
all property. real or personal in this State,
all moneys, credits, Investments in bonds.
stocks. joint stock companies. or otherwise,
of persons residing thercin the property
of corporations now existing or hereafter
created, and tho property Of all banks or
banking companies, now existing or hereafter
created. and OF all bankers. except such as
is hereinafter expressly exempted. shall be
subject to taxation and such property.
moneys, credits Investments III bonds,stncks.
joint stock companies or otherwise, or the
value thereof, shalt be entered on tho list
of taxable property, for that purpose, in the
manner prescribed by this act
SEC . The terms "rcal property" and
land" wherever used il this act, shall be
held to mean and include not only the land
itself, whether laid out IN town lots o" othor.
WISE with al! things contained thorein, but
also all buildings, structures aud improve
merts. and other fixtures of whatsoever
kind thereon. and all rights und privileges
belonging gor in any wise apportalning there.
to. The term investments in bonds,
whenever used in this act, shall be held to
mean aud include all moneys invested in
bonds. Of whatever kind, whether issued by
incorporated or unincorporatcd companies,
towns, cities, townships, counties. states. or
othor corporations. or by the United States,
hod'by persons residing IN this state, whoth-
or for themselves or as guardians. trustees
or agents. Tho term Investments in
stocks" wherever used in this act, shall be
held to moan aud include all moneys invos-
ted in the public stocks of this or any other
state, or of the United States, or in any as
sociation. corporation. joint stock company
or otherwise, the stock or capital of which
is or may be divided into shares, which are
transferable by oach owner, without tho con-
sent of tho other partners or stockholders,
for the taxation of which no special provis-
ion is madc by this act, hold by persons ro-
siding in this state, either for themselves,
or rs guardians, trustees or agents. The
term "oath" wherever USED in this act. shall
be- held to moan oath or affirmation. Every
word i'll this act importing tho mascuin,
gender, may extend aud bo aprIiod tn fe
males as we'll AS males. The torn per
snnal property" wherever used in this act,
Shall ho held to mean and Include: LIST
Every tangible thing being tho subject of
ownership, whether animate or inanimnte'
other than money, and not forming part Of
any parcel of real property as herenbotorc
defined. %. The capital stock. undivided
profits. and all other means, not forming
part of the capital stock of every company.
whether Incorporated or unincOrpOratCd.
and every share, portion or interest in such
stock. profits or means by whatever name
tho samo may bu designated, Inclusive OF
every share or portion. right or interest,
either lJgal or equitable, in and to overy ship,
vessel or boat, of whatsoever namo or do
scription used or designed TO be used either
exclusively or partially in navigating any ot
tho waters within or bordering on this State
whethur such ship, vessel or boat, shall be
| within the jurisdiction OF this State or else.
whore. and whether the same shall have
been enrolled. registered or licensed at 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 moan and include gold and silver
coin, aud bank notes in actual possession o
solvent banks, and every deposit which the
person owning, holding in trust or having
tho beneficial interest therein, is entitled tC
withdraw in money, or demand. Tho term
credits" whenever used in this act, shall b,
held to mean tho excess of tho sum Of all
legal claims and demands whether for mou'
ey or other valuable thing or for labor OF
service due, or to become due. to the person
liable to pav taxes thereon, including de
posts in banks or with persons in or out OF
this state, other than such us are held to be
money us bcroinbeforc defined by this sec
ton, when added together estimating every
such claim or demand at its truo yaluo IN
monev.) over and above tho sum OF legal
bona iido debts owing by such person. Bu'
in making up tho sum OF such debts owiCg
thcro shall no taken into account no o0liga
ton to any mutual insurance company. nol
any unpaid subscription to tho capital stock
of any joint stock company, nor any sub
scripticn for any religious, scientific, literary
or charitable purpose; nor any acknowl
cdgomcut of any Indebtedness unless found
ed on sOmo consideration actually received
and believed ut tho time of making such
acknowledgment to be u full consideration
therefor nor any acknowledgements of debl
mado for tho purpose of diminishing the
amount of credits to bo listed for taxation
nor any greater amount or portion OF any
liability US surety, that the person required
to mako the statement of such credits DO
ieves that such surety is in equity bound
and will be compelled TO pay, or TO contrib
uto, in case there DO no securities provided
that pensions receivable from tho Untc'
States, or from any of them, salaries or pay
mcnis expected to be received for labor q
services to DO performed or rendered, sha'
not be hold TO be annuites within the moan
ing of this act.
Sec. 3. That al! properly described II
: this section to tho extent herein Unite
shall DO exempt frep taxation, that is /
say, LIST. All public school houses an
houses used exclusively for public worship
the books and furniture thorein, and til
= grounds attached to such bulings necessar
for the proper occupancy, use and enjoy
ment of the same, and not leased or othel
wise used with view to profit All publ
: colleges. public academies, ali building
connected with the same, and all lands cor
nected with public institutions of learning
not used with Wow to profit. This pr'
s. vision shall not extend to leasohold estate
= of real property, hold under the nuthoriI
OF any college or university of learning
= this state. I'd, All lands used excusive
as grave yards or grounds for burying II
dead, except such as are held by any persc
y or persons, company or corporation, with
Wow to profit, or for the purpose of spocu
|ation in the sale thereof. Sd. All propert
y whether real or personal, belonging oxcl
r slvely TO this state, or tho United State
" 4'h' All buildings belonging to cOunti