American Lancaster gazette. [volume] (Lancaster, Ohio) 1855-1860, 1860-01-12
LANCASTER, OHIO THURSDAY MORNING JANUARY 10. 1860


ted the first Grand List under the act, up
on which were to be assessed the necessary
levies for State, County and Township
purposes. The value Of lands was $50,
7l9,41l; the value Of town lots and per-
lFsohalpropetty was $l8,745. .o96. The
total valuation was $58,474, 5O7. ..''.'
Important changes in The laws relating
to taxation were introduced in 1887
An act of that year enlarged very con.
siderably tha descriptions oitaxable prop
erty; reduced the list Of exemptions, and
extended the application OF the principle
ofappraisment and proportioned contiibu-
tion. 1t did not disturb, howerer, the
valuation of real property eqalzed in 1926
and It still retained, 10 some Of its spplica-
tions, the principle Of arbitrary valuation
by the Legislature. ''ia,'p y. {" '7''
AT length, after the lapse Of nine years,
a re.valuadon OF fall real property was di.
rected by the Legislature, in 1884; was
made the same year, and was equalized
in 1885. The property rsvalusd consisted
Of the descriptions made taxable by the
act Of 1881; for the act directing the re-
vaiuation bad made no change in the sub.
jects Of taxation. ~f'' -It 1a la' s+A'
The result exhibited striking increase.
The equslized value of ths lands and
town lots was $73, 932,, 992. The Grand
List Of 1895, embracing this valuation,
increased by the usual Spring. valuations,
amounted +, exclusive of four counties,
whose returns had not been received, 10
$685. 1921. 1896. In nine years the value
Of taxable property had increased S37,.
452, $3.50. +aP s' $50 -,aH.l, Ea1m
A third valuation was made in 1910.
and was equalized inl84i, fhe subjects
of valuation are still defined by the act Of
1884, The edualzed valuation was S99-
l64, 745. The Grand List for 184i. en-
braciuG this valuation and the additions
for real estate and personal property, made
in the Spring Of that year, was Sl98,353,> :
657. The, increase in five years had been
$32, 42G, 26i. 80 a-]H atr eal
A thorough revision of the laws con.
cearning taxation took place in 1916. I'M
portant additions were made to the de,
scriptions of taxable property; exemptions
were restricted and defined with greater
precision; rules OF appraisement were pre-
scribed with view 10 ensure closer
approximation Of valuation to value; the
princlple of actual appraisemeht was for
the first time. applied to all objects Of tax.
alton to which, IN thenattire OF things, II
was applicable clear directions were
given for the annual listing and valua.
lion Of lands becoming taxable for the
first time, of improvements. and Of all
personal property; new valuation OF all
real property was directed, and provision
was made Tor future valuationsin every
sixth year. .t.s''m
The first general valuation required by
this act, being the fourth in the who'll
series, was made in l849, and was equal.
lied the same year. The influence Of
the wise provisions Of the new law
was onspicuousin its results, which for
the first time appropriated, though still
remotely, the actual value of the real
property in the State. The value Of that
description Of property, as equalized, was
1894, 495. 804. l t,,d gaj ~ ,u.g
The grand list OF 1847, embracing thil
equalizsd valuation, the spring Of valua-
ton Of personal property amounting tc
$83, 964, 430, and the other usual spring
valuations exhibited an aggregate o
S41O, 763, 1850. The increase in six years
had been almost incredible. II was $28l.
409, ,503. -.- r. a7
Before the time for the second valuaA
tion under the act Of | 840 arrived. new
Constitution had been adopted. The
principle Of that act extended in its ap
piiealion to all property whatever, with
some specific exceptions, was now incor
porated into the fundamental law; and the
first General Assembly under the new
Constitution provided for general valu
atien and equalization of real property in
1858, and every sixth year thereafter. Ii
pursuance Of this act, the fifth genera
valuation took place and was e4usised in
1858. The aggregate Of the equalizeC
valuation was $558, ,725,542. The per
sonal property listed the following spring
was valued at 1897, ,o61, ,572. The grand
list for 1854, including with these values
those of the lands and new Improvement,
listed in the spring, was 1856. 929 972
The increase in seven years had beer
again startling, 1t was S456, 6,l66.822. .
The appraised now more closely sp
preached the real value, and no such ap
pareutly rapid augmentation aof the lis
could be in future expected.
; The sixth valuation took place during
the past year, under an act of the las
General Assembly, and its equalization 4
not yet completed. Acuording to the re
turns made by the County Auditors, auA
der the act Of April last, the aggfegaN
number ofacres taxed is 95, 3l4.s80; tn
average value Of each acre, ST. 48; an'
. the total value OF the, whole real propert,
$641,9l8.l5l, The lists ,of0 persopP
7 property including the spring valuations
) are not yet made,a, Should they show. 81
: increase during the year porporlioped I
+ that Of rsal property 4 dnring six years
the amount will not be less than 1857,
} 0Oo, ,0OU; and the general aggregate, as
: sumiug that the total valuation of rsalt,
will no. be reduced by equalization, wi
3 be about $9O0,0000e0. The increase 70
six years will be about $4,000, 900
= The Grand List Of 1860 will doubles
show. With reasonable accuracy, the tru
) amount Of taxable property in the State
Raturns of exemnt nroperty from all N