Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1859-06-09

b.re;nafter directed, during the nontn oil May
,unu,Iiy a written statement containing is'' =
The average amount nf notes and bills diseouh-
tn or ;,urrbased ly ench bank or banking coz
,so,- v.iel, anuan. shall inclnde all the loans
= ~ Il s,oants o. such bank or banking company
whether originally made or renewed during tne
: oar aforesaid or at any time previous; Wnethei
made in hilis or exchauge, notes, bonds, H"i
c.g.s or any other evidence OF Indebtedness, ta'
their actual value in money! Thetner Pre','u .
to. during or after me period atoresaidi ana or
which said bank or banking company has al any :
,,,se reserved OF received, or is entitled 10 re-
c-iye any pro!itz, other consideration "hA'- ,
ever either III the shape OF interest, aise"uii',
change or otherwise. ID. The average ainou !
Of all Inonevs effects, dues OF every ueSc'iP
ton belonging u sueh bank er BANKING cempa
ny leaned invested, or otherwise used or en-, !
oiovei with view 10 profit, or upon whlch suci,
! bank or banking comp ny receives, or Is ehlteu
/ to receive interest; provided however, iha1 lHe
average amount of the specific funds sf every
such BANK kept ON hand unemployed, except with
| q view Of redeeming its circulation and meeIins
its accruing liabilities aepostcrs, and also the
I average amount of The balances due from othsF
4 banks upon which no interest, prott or cohsuei
alton is reserved or received, shall be eSeiuue
in the above estimates OF the taxable properly Oh
each bank required to be made and returned as
7 Sac. ei. To ascertain the amount Of notes and
hills discounted and purchased, and all "ih"r
. | Ia oneys effects, or dues of every description oe
Ian gin Q To such bank or banking company loan
ed, invested or otherwise used or employed, T"h
a view to profit, or upon which sucn sahh OF
:, ban Hing company receives, Or Is entitled 10 re-
ceve in rest be returned as aforesaid, 'heie
shall be tax en- as criterion, the average amount
:. of the aforesaid items tor eacn month ourinS III
: wear next previous To the time Of making such
| statement, if so long such bank or banking com,
: pany shall have bsen engaged IN business, anu
. If not, then during such time as such oanG or
!, banking con- pany shall have been engaSeu III
. business; and the average shall be made oy auo-
= ing together the amounts so found bconSihS 10
~ such bank or banking company in each month
. so engaged N business, and dividing the salhe
~ by the number of months so added together.
iu Sec. S2. Every person who shall have money
employ ed IN tke business OF dealing ID COIN, ho'e
a, or bills of exchange, or in the business VI ueh
" ing in, or buying or shaving any kind OF oiiis
.. exchange checks, drafts, bank notes, pronisor.
~ notes, bonds, or other writing obiIgatory, O.
"a stocks of any kind or description whatever
a be held to be banker, broker, or stock JooDer
sst and in making out their statement Tor taAht,o
= as required by the 86th section OF this act, sha
- include in his statement the average value esti
.o mated as provided in lthe1 sixteih and sixty
as first sections of this act, OF all moneys, ho'e'
he bills Of exchange, bonds, stOcSs, or other Pro
a. erty appertaining to his business as pahhe'
~ brokcr or stock jobber; which he shall have NJ.
n from time to tune in his possession, or under n
,t;I control, during the year next previous 10 u
IN IA time of making such statement, II so long n
sbull have been engaged in such business, and
;ns not, then during the time he shall nave Deeh
nth engaged. .h;or Of sver
-, bank erraniged under act 10 lneorpora
tLs the State Bank of Ohio and other banking con
,nb panies, passed February a. lS45, shall, darn
.b The month of May in each and every year, maj
=. the written statement required by the sixtie
Gra,
ho The auditor of state. In case the president al
~ cashier refuse or omit to make such statemef
49, the auditor of state shall ascertain the amou
mt so required to be returned by the president o.
md cashier from the last quarterly returns niade
,ne such bank to his office, to which sum he sh'
odd fity per cent. The auditor of state sh
,.s proceed TO assess thereupon the amount OF tax
tach for the various purposes assessed upon p'uPe'
the in the locality where said bank has It's once,
;nue which assessment the auditor shall give not
hall to the president and cashier o. any such bar
onal On the Z9th oay oi Decemoei ~ 90 -
~ be shall be the duty of the comptroller to ara"
row favor of the treasurer of State upon each anu
a. in cry such banking company, for the amount
for taxes so assessed, which draft it shall be
in duty of the said president or cashier to pay or
with into the state treasury.
r,ar See. 64 In deiault Of any such president
tate cashier to pay the amount of the said DRAFT
i'm the treasurer of state, at his office, on or ne'
With the 3lst dav of December in any year, the tire
urer OF state snail uoSiiy ~S'
,r;b, new general thereof, who shall thereupon I
n,.nt coed in the supreme court Of the state, aga
,J mn the said president and cashier by mandarin;
q .be compel the payment of the said taxes; au'
irers, shall De the da'y OF s'he e'iu 80 80. 40, ,
year, the SAID Writ. VI 'ne :y ''oI.Sy e.; - a,
quent at has option eounienee 'a ai, annnIS in
tered president ana directors Vi sau oo p, - T.,
ct or court oil common pleas OF su III ,nt. Gov
sball lin county, in the name Of the state, 10Y
naitv amount of such taxes.
: H. Sec 65 All taxes, 50 paid to, or collected
the state treasurer, shall be distributed oy
time auditor of state, in the proportions to which
,veral several countess 'o"nSnips' anu 0'He- ''
I'd in eanizations are entitled.
carry Sec 90 All otner oanhsoi .anhe - Ia r.
with that shail nave oeen' or may s0t ~;
trne right to issue bills for circulation as money
w toy cept such banks and companies as are enum
,b;ect ted in section sixty of this act; aed all
bankers and brokers are described IN tAe 81
second (62) section of this act, shall annually
be 6f ring the month of May, make out and retur
blank the auditor Oh lne county III I viz .o,au
asses banking company may be situated, staten
.Jerks. as provided in the sixti tn 60) and sixty
,o,. Of (6D sections OF this act.
a,l Sec g. 1t shall be the duty of the audito
,ad NV the several counties in which one or more
,e sew banking companies, as are mentioned IN the
cedng section, may be situated, upon recel
rv dis returns of their notes and bills discounted
in onv all other moneys, effects Dues as provide
m any the sixty toel ana SIX teil seo.os
shall act to enter the same ior 'aAa'ioh .n T
Provi duplicate OF tne proper county, any sncI
by this duplicate Tor city taxes IN cases
xation is collected by city officers; which amount,
iuation turned ana entered snaii oe .aA.U ~ ~
han its purposes, anu 10 the same eA.en.' .n" pi
refusal, property Is now or may oe laAeu, IN '
IN ,he where such bank or banking company Is
, tban ated; and such tax shall be collected and
of the over IN the same manner 'n"I t "a -
of re- personal property are required by law to be
ected and paid over.
,ov Continued on Second Page.)