Dayton daily empire. [volume] (Dayton [Ohio]) 1850-1865, 1859-06-01


then such property shall be entered for taxation
and taxed In the township whero situated vher
listed, anything IN this act to the contrary n 4
withstanding.
Sec. s. Property acid under lease for tern
exceeding fourteen years, belonging to the state
OF 10 nny religious, scientific or benevolent soee
y, or institution, whether incorporated OF unin.
eorporated, and school and Ministerial lands, shall
be considered, for all purposes Of taxation, as the
property Of the person so holding the same, and
shall be listod as sueA by such person or his agent
as in other cases.
Sec. Q. Each person required by this act to
list property, shall make out and deliver TO the
assessor, when required, within ten days there
after, a statement, verified by his oath or afuna-
ton, Of all the personal property moneys, credits
Investments In bonds, stocks, joint stock compa.
nies, otherwise, in his possession, or under the
control Of such person. at the time notice was Civ
en- him by the Assessor, to make cut such states
ment, and which, by the provisions Of this act he
Is required 70 list for taxation either as owner or
holder thereof, or as guardian, parent, husband,
trustee executor, administrator receiver, acroun-
ting officer, partner, agent or factor.
| Sec. Z. Such statement shall truly and dis
tinctly set FORTH fret, the number OF horses, and
the value thereof second, the pumber Of neat cat
tlo, and the value thereof third, tho number Of
mules and asses, and the value thereof fourth, the
number of sheep, and the value thereof; fifth, the
number ofhogs, and the value thereof. sixth, eve
|
value thereof seventh, the total value Of all other
articles Of personal property which such person is
by this act required to list; provided, that VI such
person shall exhibit to the ASSESSOR the animals
other articles ofpersonal property above enumera-
ted, the value Of such property so exhibited may be
omitted In such statement, and the assessor shall
| in such ease determine their value without requt
ring the oath Of the person making such state
ment os 10 The value thereof and such person shall
in that oAse bo required only to make oath ahr-
nation TO the value Of the remainder Of the per-
sonal property which ho Il required to list eighth,
every gold and silver watch, and the value there
Of: NINTH every piano forte, AID the value thereof
tenth, the value Of the goods and merchandise
hieh such person is required to list merchant:
eleventh, the value Of tho property which such
person is required TO list as banker, broker, OF
stock jobberi twelfth, tho value Of the materials
| and manufactured articles which such person is
required 20 list as manufacturer: thirteenth, the
value OF money, and credits required to DO listed,
| including all balances Of book hcoounts: four
teenth, the value Of the moneys invested in bonds,
stocks, Joint stock companies, or otherwise, which
such person Is Dy this act required to list.
Sec. 8. II there be no articles Of personal prop
erty, moneys or credits, Investments in bonds,
Stoke, joint stock companies or otherwise, which
such person would bo, by this act, required to list
| on his own account, or account Of others, he may
set forth such fact TO the assessor, who shall re-
quire the oath Affirmation Of such person TO the
! truth OI tue same.
| ROLES FoR vALUiNa PROPERLY.
Sec. o. Each separate pnrcsl of real property
shall bo valued at its truo value in money, exolu-
ding the value Of the crops growing thereon, but
tho price for which such real property would sell
at auction, or at q forced sale, shall not be taken
as the criterion of such true value. Each tract OF
lot of real property belonging to this state or to
any county, city, charitable Institution, wheth-
or Incorporated or anincorporated, and school or
ministerial lands, held under lease for a term
exceeding FIVE years, shall be valued at such price
as the assessor believes could be obtaiued at pri
vae sale for such leasehold estate. Personal
property, Of every description, shall be valued at
the usual selling price of similar property at the
| time Of listing, md ut the place where the same
may then be, ard if there bB no usual selling price
known to the person whose duty Il shall be 10 ix
yalae thereon thOn at such price as 1t is believ-
I'd could be obtained therefor, in money, at such
time and plnce. Investments in bonds, stocks,
joint stock companies or otherwise, shall be val.
ued at the true value thereof in money. Money,
whether In possession in deposit, shall be enter
| ed in the statement ut the full amount thereof
provided, that deprecated bank notes shall be
entered at their current Aalue Every credit for a
sum certain, payable either in money, property Of
any kidd, labor or services, shell be valued ut the
full price Of the sum SO payable, II for specific
article or for specified number or quantity ofany
| article or articles of property, or for q certain
shall be valued at tho current price Of such prop
erty Of such labor service, at the place where
pay able. Annuities, or moneys receivable at sta
tod periods, shall be vailed at the price which
the person listing the same believes them TO be
worth in money, here the fee of tho soil Of any
tract parcel lot Of land is In any person per
sons, natural or artifcial-snd the right to any
minerals therein, in another or others, the SAME
shall be valued and listed agroeably to such own
ership in separate entries and taxed to parties
owning the same, respectively.
Sec, 10. No person, company, or corporation
shall be entitled to any deduction, on nccount o
any bond note or obligation of any kind, giyon tC
any mutual insurance company, nor on account oi
any unpaid subscription to any religious, literary
scientific or charitable institution or society, moi
on account Of any subscription to, or instalmen
payable the capital stock of any company
whether incorporated or unincorporated.
OF LISTING AND vALUmo THE PROPERTY OF MER.
CHANTS AND MAsUFAcTURERs, AND OF BANKERS
EXCHANGE BROKERS, AND STOCK JoBBERs, ETo.
Sec. H. Every person that shall own, or hav,
in his possession, OF subject to his control, an,
personal property within this state, with authori
~ to sell the same, which shall have been pur
chased either in or out Of this state with view h
being sold at an advanced price or profit, or whcl
shall have bean cGnsigned TO him, from any place
out Of this state, for the purpose Of being sold
any place within this state, shall be held to be
merchant, and, when he shall be by this act re
quired to make out and deliver to the assessor
Statement Of his other personal property, he shal
state the value Of such property nppertaining t.
his business as a merchant, and in estimating th'
value thereof, ho shall take as the criterion tn
average value of all such articles Of personal prop
erty which he shall have had from time to time II
his poss ession, or under his control, during th
year next previous to the time of making sucl
statement, if so long he shall have been engages
in business, and If not, then during such time a
he shall have been SO engagedj and the averag,
shall be made up by taking the amount in vaiu
on hand, as nearly as may be, in each month o
the next preceding year in which the person max
ing such statement shall have been engaged in bu
siness, adding together such amounts, and divid
ing the aggregate amount thereof by the numbe
Of months that the person making tho statomen
may have been in business during the preceding
year: provided, that no oonsignee shall be requir
ed 70 List for taxaticr the value of any property
the product Of this state, which shall have beel
: consigned to him for sale or otherwise, from an!
place within the state, nor the value Of any prop
/ erty consigned to him frOm any other place, 70
the sole purpose Of being stored or forwarded pro
vided, he shall in other case, have no interest Il
. such property, or anyproht to be derived from it
sale, and the word person as used in this and tn
succeeding sections, shall be held to mean and in
! oude Grm, company and incorporation.
{ Sec. IL. Every person who shall purchase, re
ceive or hold personal property of any description
F, for the purpose Of adding to the value thereof b.
any process Of manufacturing, refining, recuy ing
or by the combination Of different materials, wit
n'RFiew Of making gain or profit by SO doing
al shHll be held to be n manufacturer, and he shRl
= when he Is required to make and deliver to tn
T assessor n statement Of the amount of his oths
personal property subject to taxation, also inolud
; in his statement the average value estimated, a
provided in the preceding section, Of all article
9th al fnr the