The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1859-03-02
THE REVENUE Law.

This act provides that the county courts
at their first term after the first day of July
next, shall appoint one justice Of the peacs
aud two treekolders for each captains dis.
trict in the county, who shall be board te
value land and town lots. These district
boards are TO perform their duties, and max e
return to county board OF valuation, to meet
On the second Monday of January, after the
appointment Of the district board, said coun-
.tybpard to be composed of the justices Of
the peace who were members Of the different
district boards The county board is to ex-
anime and compare the lists, and re-assess
when necessary, and make return TO the
clerk of the county court. The members OF
these boards TO receive not more than 80
per day, while engaged in the discharge OF
their duties. The takers of the tax-lists to
receive such compensation as the county
court may allow.
The following subjects may be annually
aisted, and taxed as follows: Real proper
", with the improvements thereon, Qnclnd,
ing entries Of land,) twenty cents on every
hundred dollars of its value every taxable
poll eighty cents; every toll gate on turn
pike road, and every toll bridge. tye per cent.
on the gross receipts, and every gate per-
mitted BY the county court to be erected
across highway. fifteen dollars every fer
ny one per cent. on the total receipts OF tolls
during the year every studhorse or jackass
let to mares for price, belonging to resi-.
dent OF the State, six dollars, unless the
highest price demanded for the season for
one mare shall exceed that sum, in which
case the amount thus demanded shall be
paid as tax. This subject shall be listed,
and tax paid in the county in which the
owner resides. Every dollar of net in
terest, not previously listed, received or
accrued, whether demandable or not,) on
or before the FIRST day of July of every year,
on bonds or certificates Of debt Of the Uni
ted States, of this State, (unless exempt by
chapter go Of the Revised Code, entitled
!" Public Debt, or of any other State or GO
vernment, or Of any county or corporation,
municipal or private, or on any bond, note,
contract, account, or other claim or demand
against solvent debtors, wherever ther may
reside, four cents; every dollar of net divi-
dend or profit, not previously listed, de-
clared, received, or due on or before the
first day Of July in each year, upon money
or capital invested in steam vessels Of twenty
tons burden or upwards, or in shares in any
bank or other incorporation or trading COM
pany, four cents every note-shayer, or per-
son who buys any note or notes, bond or
bonds made by individuals, shall list the
profits made and received or secured on all
such purchases made by him during the year
ending on the first day Of July, whether made
for cash or in exchange for other notes or
bonds, and pay tax Of ten per cent. on the
aggregate amount of such profits, in addition
TO the tax imposed by this act on the interest
he may receive on such notes or bonds !:
Provided. There shall be no deduction made
from the profits in consequence Of any losses
sustained. Every person resident in this
State engaged in the business Of buying and
selling slaves, whether the purchases or sales
be made in or out Of the State, for cash or
on credit, one half Of one per cent. on the
total amount Of all his purchases, during the
twelve months ending on the first day Of
July Of each year every person resident in
the State, not a regular trader in slaves, who
may buy slave or slaves to sell again,
whether such purchase or sale be made in or
out Of the State, for cash or on credit, one
half Of one per cent, on the total amount Of
his purchases during the twelve months end
ing on the first day Of July in each year
every carriage, buggy, or other vehicle kept
for pleasure or for the conveyance Of per-
sons, Of the yalue Of fifty dollars or upwards,
one per cent. on lie value all gold and sill.
yer plate and gold and silver plated ware,
and jewelry, worn By males, including watch.
chains, seals and KEYS, when collectively Of
greater value than s25, one per cent. on their
entire value ;seyery watch in use, one per
IL. IL III
watches worn BY ladies' shall be exempt from
taxation every harp in use, $3.50; every
piano in use, 81 so; every dirk, bowie
knife. pistol, sword-cahc and rifie-care, used
or worn about the person Of any one at any
time during the year, one dollar and twenty
FIVE cents. Arms used for mastering shall
be exempt from taxation; every resident
surgeon-dentist, physician, lawyer, portrait
or miniature painter, daguerrean artist, or
other person taking likenesses Of the human
face; every commission merchant, factor,
produce broker, and auctioneer every State
and county officer, and every person in the
employment Of Incorporated or private COM
panies, societies, institutions or individuals,
and every other person, Except ministers Of
the gospel, and Judges Of the Supreme and Su-
perlor Courts whose annual total receipts
and income, whether in money or otherwise)
10 the way Of practice, salary. fees, wages,
perqsisites and emoluments, amount to or are
worth Eve hundred dollars or upwards, one
per cent. on such total receips and income
every resident Of the State that brings into
this State, or buys from a nonresident,
whether BY sample, or otherwise, spirituous
liquors. wines or cundiaIs for the purpose ol
sale. ten per cent. on the amount Of his pur.
chases; every man that boys 70 sell again,
spiritu0Ls liquors, wines or cordials from the
maker in this State, his agent, factor or com.
mission merchant, five yer cent. on his pur.
chases upon all real and personal estate,
whether legal Or equitable, above the value
II one hundred dollars, situated within this
State, which shall descend, or b. devised Of
beqyeated 10 any collateral relation, or per.
son, other than lineal ancestor or descend