The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1859-05-05

L Abl q leAoa lol n beiNu eANGNAluk AfN
years, shall be valued at such price as
/ the assessor believes could be obtained
at private sale for such leasehold estate
Personal property. of every description,
shall be valued nc tho usual selling price
Of similar property at The time of listing
and az the piaoe where the same may then
be; aud IL there be no usual selling price
known to the person whose duty IL shall
be 20 fix o value thereon then at such
price os it IS believed could be obtained
therefor, in money, 40 such time and
.place, Investments in bonds, stocks
/ joint stock companies, or otherwise
shall be valued at the true value there
Of, 10 money. Money, whether ia pos
session or on deposit, shall be entered
in tho statement ot tho full amount
thereof; provided that deprecated bank
notes shall be entered at their current
value Every credit for a sum certain.
payable either in money, property Of
lany kind, labor or services, shall be val.
uCd at the full price Of the sum 70 pay
able; if for specific article, or for o
specified number or quantity Of any ar
ticle or articles Of property, or for a Ger
tain amount Of labor, or for services Of
any kind, It shall be valued at the cur
rent price Of such property, or Of such
labor or service. at the place where pay
able. Aunuitcs or moneys receivable
at stated periods shall be valued at the
price which the person listing the same.
believes them to be worth ia money
VVI--. al. e. r. Al. --s1 - .-- f-,.t
parcel or lot of land is in any person or
persons, natural or artifcial-and the
right to any minerals therein, in another
or others, the same shall be valued and
listed agrcoably to such ownership IN
separate entries, and taxed to the parties
Z owning the same, respectively.
Sec 10. No person, company OF
corporation, shall be entitled to any
, deduction. on account Of any bond note
or OBLIGATION of any kind given to any
p mutual insurance company: nor on ao-
count ofanv unpaid subscription 10 any
, religious literary, scientific or chnrita-
bic institution or society; nor on account
of any subscription to, or installment
+ payable on the capital stock Of any com.
3 pany, whether incorporated or unincor.
poratcd.
OF LISTING AND vALUING THE PROP.
ERTY OF MERCHANTS AND MANUFAc,
TURERs, AND OF BANREBs, TX.
CHANCE BROKERS' AND STOCK JoBBERs
ETC.
! Sec. II. Every person that shall own
or have in his possession, or subject tc
. his control any personal property with
in this State, with authority to sell tho
same, which shall have been purchased
, either in or out Of this State, with q
( view TO being sold at an advanced price
( or profit, or which shall havo been con,
signed to him, from any place out of
[ this State, for the purpose of being solo
sc any place within this State, shall bt
Z held to be q merchant; and, when h,
r shall be by this net required to make
out and deliver to the assessor a state
f. ment of his other personal property, b,
r. shall state the value Of such propertl
Iappcrtainiug to his business as a mer
" chant; and in estimating the value there
!. Of he shall take as the criterion th
r average value of all such articles OF
4 personal property which he shall hav
+ had from time &c .imein his possession
f or under his control, during the yea
n next previous to the timo Of making
such statement, If so long he shall hav
y been engaged in business; and If not
/ then during such time as he shall hav
Il been 80 engaged; aud the average shall
II be made up by taking tho amour
Is in value on hand as nearly as maj
E be- in each month Of the next pre-
a. cediug year in which tho person maxim
r. such statement shall have been engage
IL in business, adding together sue
~ amounts, and dividing the ncgregat
,e amount thereof by the number o
ia months that the person making th
f statement may have been in busines
to during the preceding year; provide,
n that no consignee shall be required {
N list for taxation the value of any proT
10 crty, the product Of this State, whic
.v shall have been consigned to him, Il
Y. sale or otherwise, from any place with
I. in the State, nor tie value Of any proT
ID erty consigned to him from any othC
# place for the sole purpose Of being stol
N ed or forwarded; provided, no Bhal
Il. in either case, have no interest in sue
~ property, or any profit TO be derive
ls from its sale; and the word person,
n. used in this and the succeeding section
Nj shall be held 20 mean and include fru
r company and incorporation.
r. Sec -. Every person who sha
"A purchase, receive or hold persOual pro-
10 erty Of any description, for thepurpot
n Of adding to the value thereof by an
h process Of manufacturing, refining, re-
or tifyiug, or by the combination Of di
is ferent materials, with a view Of maxim
gain or profit by so doing, shall
p held to be a manufacturer; and he sha
= when be Is required to makeand deliv
M to the 0ssossor a statement Of the amour
r. Of his other personal property subie
N 20 taxation, also include 90 his stat
,f ment the average value estimated, as'pr
bo vided IN the preceding section, ,of all ari
or clespurchasod, received on othorwise he
IN for the purpose Of being used 10 who
or In par,, in any process or oporatic
Of manufacturing combining, reotf
ing or refining, which from time
,al time he shall have had on hand durir
il- tho'year next previous 70 the time of m
he king such statement, If so long
Ice shall have been engaFod 10 such ma
al ulacturig business; and if not chen