Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1859-05-17
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mills Oh the doilarI On any amount be-
tween four and six millions Of dollars no
exceeding one and half mills on the dol
lar: On any amount between six millions
and forty millions Of dollars not exceeding
one and one fourth mills on the dollar: On
any amount over forty millions not ex.
ceedipg one min on the dollar: Provided,
that III case any important bridge OF
bridges built and maintained BY any county
shall be- destroyed by any casually, the
restoration Of which may be necessary fol
public accommodation, the commissioners
of such county may levy special tax no;
exceeding in any year one mill on the dol.
lar of the taxable property OF the county,
the proceeds OF which tax shall be applied
solely to the restoration of such bridge OIL
bridges: provided, that the county COM
missloners of any county IN which the to-
tal valuation of taxable property does not
exceed three millions of dollars may in.
crease the rate of tax levied on the first two
millions or any lesser sum Of such taxable
properly to aEy rate not exceeding five
mills ON the dollar, and may set apart any
portion of the proceeds OF such tax not
necessary in theiI opinion to defray other
county expenses for the current year for
the erection of county buildings, and the
amount so set apart shall be denomnated
the public building fund, and shall be paid
out ON the order of the commissioners.
There shall be levied for township pur-
poses, other than for road, bridge, for the
support of the poor and common school
pul poses, and for the purpose of paying
the interest OF principal Of any debt or
debts owing, such rate of tax on any
amount of the taxable property ill the town
ship as entered and valued on the grand
list, as the trustees of the township shall
certify to the county auditor to be neces-
sary, not exceeding one-half of one mill
Oh each dollar Of such valuation not more
than two hundred thousand dollars, and
not exceeding one fourth OF one mill on
each dollar of such valuation over two
hundred thousand dollars. But the total
amount Of taxes hereafter levied in any one
year by the constituted authorities Of any
CITY or incorporated village, except the
city of Cincinnati, for all purposes other
than for the payment OF interest on the
debts of such city or incorporated village,
and for the payment OF the principal OF
such debts, or parts thereof as may fall
due within the then current or next sue
ceedine year, shall not exceed five mills,
and in the City of Cincinnati six and a
half mills on each dollar of the assessed
value of the taxable property in such city
or incorporated village: Provided, the
aforesaid limitation shall not be construed
as prohibiting assessments on property ad'
iacent to local Improvements made IN any
city or incorporated village for the purpose
Of psvinr the cost thereof and the DANA
ges occasioned thereby; and provided
further, that nothing in this section shall
be construed to prevent the county com
missioners, township trustees, or corporate
authorities of any city or village from levy
ing any tax which by any special law they
shall be authorized 10 levy.
Sec. 80. The competent authorities OF
any county, city or township, that shall
have subscribed to the capital stock Of any
railroad company, and shall have issued
It's bonds or other securities for the pay
ment of such subscription, may, at any
time within five years next before the
principal of such bonds, or other secur-
ties. shall be payable, if the market price
of the stock of such railroad company be
less than seventy per cent. IN its par value,
lew. or cause to be levied, annually, on
the taxable property of such county, city,
or township, such tax not exceeding one
mill on the dollar, "a will be sufficient to
balance the disc ,unt on the railroad stock
held by such county, city, or township,
bv the time such bonds may become due;
and the proceeds of ali such taxes shall
form. with such stock, "A sinking fund.- and
shah be invested in the purchase OF the
bonds issued by such county, city, or
or in other sale and productive
and shall be applied to the pay
ment of the bonds 80 issued, and to no
oLheruse or purpose whatever.
Sec. 81. 1t shall be unlawful for the
corporate authorities of ary county, town
ship, city, or village. unless specially and
expressly authorized by some act Of the
general assembly, TO contract any debt,
or incur any pecuniary liability for the pay
ment of either the principal or interest OF
which during the then current year or any
subsequent year. il will be necessary TO
levy on the taxable property of such county,
township, city, or village, higher rate
of tax than the maximum rate prescribed
by this act.
Sec. 90. Every contract made in con-
travention of the provisions of the forego-
ing section, shall be utterly null and void
in regard to any obligation thereby ina
posed on the corporation on behalfofwhch
such contract purportS to have been made;
but every missioner, officer, agent,
trustee, or member Of any municipal cor
poration that shall nave made. or partici-
1.,a6 in Y,akintr or ami hOriZad tho making
of any such contract, shall be held to be
Individually liable for its performance; and
every commissioner, trustee, director,
member of any CITY or village council or
other officer or agent of any such murici-
pal corporation who shall have been pres
ent when any such unlawful contract was
made, or authorized to be made, shall be
deemed to have made, or to have partici-
pated in making, or to have authorized the
making the same, as the case may be, un-