The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1859-07-22
OF OHIO.
PUBLISHED BY AUTHORITY.
TNo. 2O6.1 AN ACT.
TCoNCLUDED.l



BANKS AND BANKING COMPANIES
Scc 60 1t shall be the duty of the president
and cashier of every bank or banking company
that shall have been or may have been or may
hereafter be, Incorporated by the laws of this
state and having the right to issue bills for
circulation us money, to make out and return
under oath, in the manner hereinafter directed,
during the month Of May annually written
statement containing, LIST. Theaverage amount
Of notes and bills discounted, or purchased by
such bank or banking company, which amount
shall include all the loans and discounts of su:h
oank or banking company, whether originally
made during the year aforesaid, or at any time
previous, whether made on bills OF exchange,
notes, bonds, mortgages, or any other evidence
of Indebtedness, lat their actual value in mon
ey,) whether previous to, during, after the pc
riod aforesaid; and on which said bank or bank
ing company has at any time reserved or receiv-
ed, or is entitled to receive, any profits, or oth>
er consideration whatever, either in the shape
of interest, discount exchange, or otherwise. "a.
The average amount of all moneys, effects, or
dues of every description belonging to such
bank or banking company loaned, invested or
otherwise used OR employed with view to profit
or upon which such bank or banking company
receives or is entitled to receive interest provi-
ded, however, that the average amount OF the
specie funds Of every such bank kept on hand
unemployed except with view of redeeming
its circulation aud meeting its accrung liabibil-
tiles to depostors and also the average amount
of the balances due from other banks upon
which no interest profit or consideration is re-
served or received shall be excluded in the a.
bove estimates of the taxable property of each
bank required to be made and returned as aforc-
said.
Sec. 61.s To ascertain the amount of notes
and bills discounted and purchased and all other
moneys, effects or dues OF every description be-
longing to such bank or banking company, loan
ed invested, or otherwise used or employed, with
a view to profit. or upon which such bank or
banking company receives, or is entitled. to re-
ceive interest," to be returned as aforesaid, there
shall be taken as n criterion, the average
mount of the aforesaid items for each month du-
ring the year next previous to the time of ma
king such statement, if so long such bank or
banking company shall have been engaged i'll
business; nd the average shall be made by add
ing together the amount so found belonging to
such bank or banking [company] in each month
SO engaged i'll business and dividing the
same by the number Of months 50 nd led to-
gcther. f
Sec. 90 Every person who shall have money
employed in the business OF dealing III coin
notes, or bills of exchange or in the business o.
ofexchlnge checks, drafts bank notes, promis
sorry notes, bonds, or other writing obligatory,
or stocks OF any kind or description whatsoev-
tr shall be neld to be banker, bl oker or stock
jobber, and in making out their statement for
taxation, as required by the sxty-sxth section
Of this act shall inclule include in his state
ment the average value estimated as provided in
sixsieth and SIXTY first sections Of this act, Of
all moneys, notes, bills of exchange, bonds,
stocks, or other property appertaining to his bu
siness as q banker, broker or stock jobber,
which he shall have had from time to time in
his possession, or under his control, during the
year next previous to the time of making such
statement, ii SO long he shall have been engaged
in such business and if not, then during the
time he shall have been SO engaged.
Sec. SO. The president and cashier of every
bank organized under an act to incorporate the
State Bank OF Ohio and other banking compan-
les, passed Feb. "a. 1845, SHALL during the month
of May in each and every year, make the writ
ten statement required by the sixtieth coy anc
sixty (6l sections OF this act tothe auditor
of state. In case the president and cashier re-
fuse or omit to make such statement, the auditor
of state shall ascertain the apount 50 required
to be returned BY the president and CASHIER
from The lastquarterly returns made by such
bank to his office, to which sum he shall add
fifty per cent. The auditor Of state shall pro-
coed to assess thereupon the amount OF taxes foI
the various purposes assessed upon property in
locality where said bank has its Office of which
assessment the auditor shall give notice to the
president and cashier of any such bank. On
the 10th day OF Dec. in each year, it shall be
the duty Of the comptroller to draw in favor OF
the treasurer of state, upon each and every such
banking company for the amount of taxes so as
sessed, which draft it shall be the duty OF the
sosA y,Fno mt "a oh 10
the state treasury.
Sec. a. la default of any such president
and cashier to pay the amount of said draft te
the treasurer Of state, at his Office, or before
tn ethirty-6rst day of Dec. in any year, thu
tt. asslrerQ Of state shall immediately notify Tx
attorney general thereof, who shall thcreupor
proceed in the supreme court Of the state, o
gainst the said president and cashier, by manda
mus, to compel the payment Of the said taxes
and it shall be the duty of the said court to al
low the said writ, Or the attorney general ma.
also, at his option, commence a civil action a
gainst the president and directors of said com
pany, in the court Of common pleas or superio
court Of Franklin county in the name of tn
state, for the amount of such taxes.
n Sec. 65. AL taxes, so paid to- or collected b
the state treasurer, shall be distributed by tn
auditor of state in the proportions to which th
several counties, townships and other local oil
ganizations are entitled. FL
1 Ses. sc. All Qther banks or banking con
panies that shaAAkv been or may hereafter b
Incorporated by sbe laws of this state, and hav
ing the right to issue bills for circulation .
money, except such banks and companies as al
enumerated In section sixty Of this act; and q
zach bankers and brokers as are described in Il
sixty second (62) section of this act, shall 81
lually, during the month Of May, make out an
-eturn to the auditor Of the county in whit
such bank or banking company nay be situ
and sixty first (6o) and (6D sections of th
act ttIt -
Sec. 81. 1t shall be the duty of the audito