The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1859-05-11

lions for the township assessors, and Tor
ward them 10 the township clerks; and
the auditors Of counties, and assessors
of townships and wards, shall in all re-
spects, except rs h~ereinbefore provided,
be governed by the rules and regula-
tons contained in the several acts pre-
scribing their duties. .,s
Sec. 81. Every county auditor, and
every district and township assessor
who shall, in any case, refuse or know
ingly neglect To perform any duty eu-
Joined on him by this act, or who shall
consent TO or %cOnnive at any evasion of
Its provisions. whereby any proceedings
required by this act shall be prevented
or hindered, or whereby any property
required to be listed for taxation shall
be unlawtully exempted, or the valua-
ton thereof be entered on the a list
at less than its true value, shall, for eY-
cry such neglect, refusal, consent or con-
%nivance, forfeit and pay the state not
less than two hundred nor more than
m thousand dollars, at the discretion
of the court, to be recovered before any
court Of record in the state.
Sec. SO. That whenever an action at
law, or suit in chmcery has been con-
menced, or may hereafter be common
ced against any person holding the of
nee OF county treasurer or county au-
ditor, OF other county officer, for per-
forming or attempting to perform, any
duty authorized or directed by any
statute or Statutes Of this state, for the
collection of the public revenue, such
treasurer or other officer shall be allow
ed and paid out of the county treasury
reasonable fees Of counsel and other ex-
penses for defending such action or suit,
and the amount of any damages and
costs adjudged against him, which said
fees, expenses, damages and costs shall
be apportioned ratably by the county
auditor, among all the parties entitled
to share the revenue so collected; and
by the said auditor shall be deducted
from the share, or portions of revenue
at any time payable to each, including
as one OF the said parties the state itself,
as well as the counties, townships, cities,
villages and school districts, and orga-
nizatlons, entitled as aforesaid.
Sec. SO. No person shall be required
to list for taxation any certificate of the
the capital stock Of any company, the
capital stock and property of which is
taxed i'll the name of said company
Personal property Of every description,
and credits shall be assessed in the name
of the person who was the owner there
of on the day preceding the second
Monday of April in the year in which
such assessments shall be made. If any
person shall, for the purpose of avoiding
the listing or the payment of taxes on
any property subject to taxation, sell,
give away, or otherwise dispose of any
such property under or subject to any
agreement expressed or implied, or any
understanding with the purchaser, do
nee or recipient thereof, that the same
is to be reconveyed, restored or deliv-
cred to the person so disposing of such
property, he shall forfeit and pay for
the use of the county double the amount
of tax c~hargable oil such property for
the current year.
BANKS AND BANKING COMPANIES.
Sec. so. 1t shall be the duty of the
president and cashier of every bank or
banking compony that shall have been,
or may hereafter be incorporated by the
laws Of this state, and having the right
to issue bills for circulation as money,
to make out and return under oath, in
the manner hereinafter directed, during
the month Of May, annually, a written
statement containing, LIST. The average
amount of notes and bills discounted, or
purchased by such bank or banking COM
pany, which amount shall include all the
loans or discounts of such bank or bank
ing company, whether originally made
or renewed during the year aforesaid,or
at any time previous; whether made on
bills of exchange, notes, bonds mortga-
ges, or any other evidence of indebted
ness, lat their actual value in money!
whether previous to, during, or after
the period aforesaid; and on which said
bank Or banking company has at any
time reserved or received, or is entitled
to receive any profits, or other consid-
Grafton whatever, either in the shape of
interest, discount, exchange, or other
wise. 2nd. The average amount of all
moneys, effects, or dues of every de-
scription belonging to such bank or
banking company loaned, invested, or
otherwise used or employed with
a view to profit or upon which such
bank or banking company receives, or
is entitled to receive interest; provided,
however, that the average mount of
the specie funds of every such bank
kept on hand unemployed, except with
a view of redeeming its circulation and
meeting its accruing liabilities to dcpos-
itors, and also the average amount of
balances due from other banks upon
which no interest, profit or considera-
is reserved or received, shall be exclud-
ed in the above estimates ofthe taxable
property Of each bank required to be
made and returned as aforesaid.
Sec. 81. To ascertain the amount of
notes and bills discounted and purchas-
ed, and all other moneys, effects or dues
of every description belonging to such
bank or banking company, loaned, in
vested, or otherwise used or employed,
with a view to profit, or upon which
such bank or banking company receives,
OF is entitled to receive interest, to be
returned as aforesaid, there shall be ia
ken as a criterion, the average amount
of the aforesaid items for each month
during the year next previous to the
time of making such statement, if so
long such bank or banking company
shall have been engaged in business, and
if not, then during such time as such
bank OF banking company shall have
been engaged in business; and the aver
age shall be made by adding together
the amount so found belonging to such
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