Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1859-05-17


from the shares, or portions of revenue a
any time payable To each, including as one
of the said parties the state itself, as wei
as the counties, townships. cities, villages
and school districts, aud organizations
entitled as aforesaid
Sec. SO. No person shall be required
to list for taxation any certificate of the
capital stock of any company the capita
stock and property of which is taxed ii
the name of said company. Persona
properly of every description. and credits
shall be assessed in the name of the per
son who was the owner thereof on the day
next preceding the second Monday ot
April in the year in which such assess
ment shall be made. IF any person shall
for the purpose of avoiding the listing oil
the payment of taxes on any property
subject to taxation. sell, give away, on
otherwise dispose Of any such property
under or subject to any agreement ex-
pressed or implied, or any understanding
with the purchaser, donee or recipient
thereof, that the same is to be reconveyed
restored or redelivered to the person SO
disposing Of such property. he shall forfeit
and pay for the use OF the county double
the amount of tax chargeable on such
property for the current year.
BANKS AND BANKING COMPANIES,
Sec. 60. 1t shall be the duly Of the
president and cashier of every bank or
banking company 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
Il Il, N
month of May annually, a written state
ment containing, 1st. The average amount
of notes and bills discounted, or purchased
by such bank, or banking company, which
amount shall include all the loans or dis
counts of such bank or banking company,
whether originally made or renewed du-
ring the year aforesaid, or at any tim t
previous; whether made on bills OF ex-
change, notes, bonds, mortgages, or any
other evidence of Indebtedness, at their
actual value in money! whether previous
to, during, or after the period aforesaid; !;
and on which said bank or banking com
pany has at any time reserved or received.
or is entitled to receive, any prohs, N
other consideration whatever, either in the
shape OF interest, discount, exchange, or
otherwise. 2l. The average amount of
all moneys, effects, or dues OF every de-
cripton belonging to such bank or bank
ing company loaned, invested, or other
wise used or employed wit Il view to
profit, or upon which such bank or bank
ing company receives, or is emitted to re
celve interest: provided, however. that the
average amount of the specie funds OF ev
cry such bank kept on hand unem mployed,
except with view of redeeming its cir
claion and meeting its accrui3g labili-
lies to depositors. and also the average
uf the balances due from other
banks upon which no interest, profit or
is reserved or re, eived,
sha be excIuled in the above estimates
Of the taxable property of each bank re-
quired Lo be made and returned as atore
SAID.
Sec. 61. To ascertain the amount of
notes and bills discounted and pur, hased.
and all other 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 o.
banking company receives, or is entitled
to receive interest, to be returned as afore-
said, there shall be taken as criterion, the
average amount of the aforesaid items for
each month during the year next previous
10 the time of making such statement, it
80 long such bank or ban king company
shall have been engaged in business, and
if not, then during such time as such bank
Or banking company shall have been en-
gagged in business; and the average shall
be made by adding together the amount SO
found belonging TO such bank or banking
company in each month so engaged in
business, and dividing the same by the
number OF months SO added together.
Sec SO. Every person who shall have
money employed in the business of dealing
n coin, notes, or bills of exchange, or in
he business of dealing in, or buying or
shaving any kind OF bills of exchange,
checks, drafts, bank notes, promissory
notes, bonds, or other writing obligatory,
,r stocks of any kind or description what
3oever, shall he held to be banker. BIO
1er, or stock jobber, and in making out
heir statement for taxation, as required
1y the sixly-sxth section of this act,
shall inclu ie in his statement the average |
yalIe estimated as provided in sixtieth and |
sixty first sections of this act, of all mon
,ys, notes, bills of exchange, bonds. |
'tocksp OF oIher properly aPPertalhIu9 10 |
lis busines as a banker, broker or stock |
obber, which he shall have had from |
ime to time in his possession. or under
lis control, during the year next previous
O the time of making such statement, if
10 long he shall have been engaged in
iuch business, and if not, then during the
ime he shall have been 80 engaged.
Sec. 63. The president aud cashier of
very bank organized under an act to in
corporate the State Bank of Ohio and |
,ther banking companies, passed Febru-
Try "a, 1845. shall, during the month of
May in each and every year, make the
written statement required by he sixtieth
6o) and sixty-frst (6I) sections of this
et, to the auditor OF state. In case the
president and cashier refuse or omit to
make such statement; the auditor of STATE.