The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1859-09-23

performing or attempting to perform. any
duty authorized or directed bv any statute
or statutes of this state, for the collection of
tho public revenue. such treasurer, auditor
or other officer shall bo allowed aud paid
out of the county treasury reasonable fcos Of
counsel and other expenses for defending
such action or suit, and the amount Of any
damages and costs adiuAecd against him
which said fees expenses, damages and cost
shall be upportoncd ratabiy by tho county
auditor. among all the parties entitled to
share the revenue so collected. and by the
said auditor shall he deducted from tho
shares. or portions of revenue at any time
PAYABLE to each. including as ono of tho said
parties the state itself. us vol as tho coun.
tics. townships, cities villages and school
districts. and organizations, entitled us
aforesaid.
Sec. %. No person shall be required to
list for taxation any certificate of tho cap.
ital stock OF any company the capital stock
and property of which is taxed in tho namc
of said company. Personal property of
every description, and credits, shall be
assessed in the name OF tho person who was
the owner thereof on the day next proceed.
ing tho second Monday of April in the wear
in which such assessment shall be madu -
It any person SHALL for the purpose of
avoiding the listing or tho payment of taxes
on any property ljcct to taxation, soil.
give way, or otherwise dispose OF any such
property undcr or subject to anv agreement
expressed ~ implied. or any understanding
with tho purchaser. dorco or rccipcml
thereof, that the same is to be rcconvrv"d.
restored or rcdoiivcrcd to the person so dis.
posing of such property. he shall forfeit and
ttp ln NJ l,, -. a..
amount of tax chargcaUlo ON such property
for the current year.
BANKS AND Banning COMPANIES.
Sec 60 il shall bo tho duty of tho pros
ilcnt and cashier of every bank or bank
ing company that shOll have been, or may
hereafter be, incorporated by tho laws Of
/ this state. and having the right to issue bills
for circulation ms money. to make out and
return under oath. in tho manner herein.
after directed. daring tho month of MAY
aunuaIly.a written statement containing s.
| The average amount OF notes. and bills dis
counted, or purchased by such bank O,
banking company. which amount shall in.
c.udo all the loans or discounts of such
bank or banking company, whether origin
ally made ur renewed during tho wear atoro
said, or at any time previous; whether mad,
any other evidence of ofindobtcGucss, (at thci
actual valuo in moncy.) whether previous
to. during. or after tho period aforesaid
and on which sald bank or banking compan,
has at any time reserved or received, or is
entitled to receive, any profits, or othcl
consideration whatever, either in tho shape
of interest. discount, exchange. or otherwise
2l. Tho average amount of all moneys
effects, or dncs Of cvCry dGscrIp'iln belong
inc to such bank or hlnking company loan.
, cd, invested, or otherwise used or CmplOvCd
with Wow to profit, or upon which sucl
bank or banking company receives, or is
entitled to receive interest: provided, how
ever. that the average amount of tho spcc',
funds Of every sUch bank kept on hand un.
employed, except with a view Of rCdcCminl
It's circulation and meeting its accruiug liza
bllitcs to dcpositors. and also the average
amount of tho balances due from othc-
banks upon which no interest, profit or cou
sidCraticn is reserved or received, shall b,
excluded in the abOvO estimates of tho tax
; able property of each bank required TO b,
made and returned us aforesaid.
See. Gl. To ascertain tho amount o
notes and bills discounted and purchase,
and all other mnuCys. effects or dues o
ovcry description belonging to such bank o
banking company. loaned. invested or other
, wise used or employed, with Wow to profit
or upon which such bank or banking com
, pauy receives, or is entitled to receive in
forest. to be returned rs aforesaid, there
shall bo taken as IA criterion, tho avcrn .,
amount of tho aforesaid items for Gael
, month during tho year next previous to tn
, time of making such statement. if so lon
| such bank or banking company shall hav
, been engaged in business. and if not, the
during such tmo us such bank or baukin
company shall hayO been engaged in bus
ness and the average Shall be made b
adding together tho amount so found be
y longing To smch bank or banking compan
|, in each month so engaged in business, an
dividing tho samo by the number Of month
so added together.
Sec. G2. Every person who shall have
money employed in the business of deal
ing in coin, notes, or bills OF exchange
checks, drafts, bank notes, promissor,
notes, bonds, or other wriling obligatory
, or stocks Of any kind or description what
/ socvcr, shall be held 20 be a banker, bro
, kcr, or stock jobber, and in making on
, their statement for taxation, as required
by the sixty. sixth section Of this act shal
include in his statement the avcrag,
value estimated as provided in sixtiell
and sixty first section Of this act; of al
moneys, notes, bills of exchange, bonds
, stocks, or other property appertaining t,
| his business as banker, broker or stool
D iobbcr, which he shall have had from
; time to time in his possession, or unde
; his control, during the year next previou
10 the time of making such statement, i
- not, then during the time he shall hav,
/ been so engaged.
See, G3 The president and cashier 0
0 every bank organized under an act t.
t incorporate the State Bank Of Ohio anc
e other banking companies, passed Febru
ary "a, 1915, shall, during the month O
May in each and every year, make TIT
, written statcmcn required by the siXlctl
. coy and siXy-frst (Gl sections Of thi
l. act, TO the auditor OF state. In case III,
president and cashier refuse or omit t
! make the statement, the auditor Of statt
o shall ascertain the amount SO required tC
, be returned by the president and cashier
= from The last quarterly returns made by
=. such bank to his office, TO which sum h,
/ shall add fifty per cent. The auditor O
Al