Holmes County Republican. [volume] (Millersburg, Holmes County, Ohio) 1856-1865, 1859-07-14
AN ACT

AN ACT
For the relief of the holders OF orders
I issued by Free Turnpike Road Com.
panies
Section 1. Be it enacted by tie Gene
rat assembly Of the State of Ohio, That
whenever the right of any free turnpike road COM
pany to levy special road taxes to pay the orders
issuedby it, provided in its act of incorporation
or by acts amendatory thereof or supplementary
thereto shall cease, in case said right to levy
| such tax has already ceased leaving outstanding
| orders unpaid, and their commissioners of such
road company, Immediately to make out and de-
liver to the auditor of the county; in which road
or part thereof shall be situated, complete and
perfect list of all the outstanding orders of said
road company, or the payment of which they have
no funds or means of payment, with description
of each of said orders, as TO rate, amount rate of
INTEREST," interest," and when payable. Said list
shall be verified by said commissioners, and the
county auditor shall lay the same before the county
commissioners at their next regular session there
after.
Sec. 2. Any regular session of the county
commissioners at which a certified list of free
turnpike or orders shall have been laid before
them, provided in the first section of this act. it
shall be the duty of said county commissioners i'm
mediately to proceed to ascertain the agererate
amount of said orders including interest, in case
said orders draw interest. and adding thereto an
amount sufficient to pay the expenses of assess
ment and collection to cause the same to be asses
sed upon the same lands and town lots adjacent to
and lying near said free turnpike road, as we're
subject TO taxation for the construction of said
road or TO pay for the same, at the same time
when by the expiration of its charter or otherwise
the right to tax such lands and town lots ceased
Said amount shall be assessed upon such lands and
town lots according to their true value in money,
as shown by their valuation contained in the county
duplicate; and whenever by the laws in force i'm
mediately preceding the time when the right to
levy taxes for the benefit of any such road ceesed,
different rates of taxation were authorized upou
the lands adjacent to or lying near any such road,
according to their proximity to snch road, the
amount authorized to be levied by this act shall
be so assessed upon these lands as to preserve the
same relative proportions between the taxes on the
several tracts as formerly: provided, that said
county commissioners NAV in their discretion
divide the aggregate of such Indebtedness
into installments not exceeding five in num-
Der, and order, that one of those installments
be assessed and collected annually the amount so
assessed shall be collected in the same manner as
state and county taxes.
Sec. 3. Immediately after the settlement of
the county treasurer with the county auditor in
August of any year next after that in which any
assessment has been made, as therein provided, to
pay the Indebtedness of any free turnpike road
the county auditor shall proceed to as
certain the next amount of money collected on ac-
count of the Indebtedness of such free turnpike
road company; and if the amount so collected is
sufficient to pay the whole of such Indebtedness,
he shall proceed to pay all orders of said road
company on presentation, by his warrants drawn
on the county treasurer payable oIt of the proper
fund, and shall cancel said orders and keep them
on file in his Office: but if the net amount SO col
lected shall be insufficient to pay said orders in
full, or said amount of Indebtedness shall have
been ordered TO be collected in annual insaments,
the county auditor shall divide the net amonnt
collected pro rata among the holders of said Or
ders, taking up and cancelling the original orders
for the balance unpaid.
Sec. a. Whenever any free turnpike road
shall have been finished according to law, with an
deb. unprovided for, and the right to
levy speeialtaxes for the benefit of such road shall
not have ceased, such special taxes, when collect
ed, shall be applied exclusively to the payment of
such debt, till the same shall be paid in full
Sec. 5. This act shall take effect and be in
force from and after its passage.
WILLIAM B. WOODS,
Speaker of the House of Representatives.
MARTIN WELKER,
President of the Senate. |
April 2, 1859.