The Tiffin weekly tribune. (Tiffin, Ohio) 1859-1868, 1861-05-24
Laws of Ohio.
Published by Authority,

| AN ACT
Toamsnd an act entitled can ac, tor the 20.
sessmept and taxation Of property In this
! State, and Tor levyiug taxes thereon ac
cording to is true value in money" pass
ell April 5th, 1859,
Sec. l. Be Il enacted by the General As.
sembly Of the State OF Ohio, That every bank
shall annually, between the fret and Second
MONDAY ol May, make out, and, ON demand
ot the Assessor, deliver correct statement.
attested by the oaths Of the president and
leaehier ei such bank setting firth:
Flret-The amount of Capital, whether a.
Vided into shares or not, actually paid In or
secured to be paid by note or otherwise, or In
any mspner procured ur furnished, 10 be sm !.
pi0yed iu he banking business.
Second-Amouut OF undivided proits aris
nom such business, belonging to the bank
whether In it, possession or subject to its con.
trol, or loaned or otherwise invested for lie
preft,
Third--Amolnt loaned 10 or deposited with
such bank, for a term certain, or which, hv
agret ment or understanding between the pnr-
ties, is not 10 be Withdrawn on demand. cx.
cepuug amounts which may have been de.
posted with any bank established as a clenr.
ing house for the redemption OF the potss of
banks making such deposits and on which
no interest is charged or received bv The
banks making such deposits; which several
amounts shall truly represent the condition
o. the means, property aud assets Of the bank
described ~ this section, as they shall have
existed on the dag mkt preceding the second
Monday IN April, and shall be added togcth
er' and the gross sum so produced shall be
deemed the amount Of property en- npIoyed in
oanking for the then current year uy such
bank
Sec. 2. The assessor shall return 70 the
county Auditor the statement described In
me foregoing section, made by any bank in
MS township or ward, and the amount so re.
turned shal be placed on the county dupli.
cate and on the city duplicate where city
lsAes are CO ollected on a separate duplicate.
ana taxed a. other personal property in the
same township, town village or ward, may
be taxed by law.
Sec ). Every corporation, company, iudi
NlduNi person or association of persoDs.
whether authorized by law tO issue notes for
circulation or not, that shail keep an office,
counting house or other place for the Trans.
action OF business in this State, and shall dis
oount, buy, sell. exchange or otherwise deal
IN or receive in deposit money, bills Of cx.
change, notes, bonds, stocks, certificates of
pubic de' {, or other evidence ofdeb;s claims
or demands, with view Of profit, shall be
detmcd bank wilhiu the meaning OF the
Peceulhg sections q; this act, aud Tor the pur-
pose oil carrying out its provisions
Sec. 4. II s,sll be the dut, OF the president
and ca 'hier Of ca h banking company organ
lied under theact ,,t lied an act toincorpo.
rate the State Bank OF Ohio, aud other b ak
ing eampanics," Rssed February "a, 1915,
on or before the second Monday OF Nav in
each year, TO make out under oath. and re-
turn to the proper assessor OF the /, wnship,
town on ward where such cOmpapy is located
eetuhcate containing st. gtemeut Of the a.
mount Oi the capital stock Of such comDnuy
pald IN and remaining as capita stock un.
unfinished 10y losse or otherwise Together
with The amou t of surplus and contingent
s Ssq ns HR g39SSdsidfa 3Sdsiyd R st 8h ana sso
lOaned 10, or deposited with such bank for
term certain, or by which by agreement or
understanding between the parties, is not TO
be- Withdrawn on demand excepting amounts
which may have been deposited with
any bank established as a clearing house Tor
the redemption Of the notes OF banks making
such deposits aud on which no interest is
charged orrceeiv,d by the banks making such
deposits; and the amount 80 returned shall he
placed on the count duplicate, and o the
city dupl cate where city taxes are collect ii
ON separate duplicate, aud tax Ms other
personal property in the same township town
village or ward may be taxed by iaw In
making the certificate Aforesaid, any portion
Of said capital stock, surplus or cuntii gent
fund or undivided profits invested 10 real es-
tate which issuljeet 10 taxation under the
laws OF this State, may he deducted, but the
celtihcAie shall specify the amount deducted.
SIC = Eeach assessor Of any township
a usurI tfl,rn Il. I
or banking company may be located, in case
any president or cashier of such bank OF
banking company shall refuse or neglect to
make uutand deliver % the assessor the state
ment herein required, alter the provisions Of
this act, shall have been accepted by such
bank as hervin provided, shall az in oiher
eases, asccrtain the amount of sueh capital
stock, surplus and contingent fund and a. di-
yidod TrOhts, and shall return the same 10 the
county auditor, or to such other officer as the
law regulating his duties may require, and
the amount thus hfcsrtEin0d, Ni,h the adj.
ton Of fifty per cent, thereof, shall be entered
upon The proper duplicate for tsxatioB, pioyi.
ded that in that case where city taxes are
Assessed and collected by the city authorities
lhe taxes upon bank, as provided for ia this
act, shall bs assessed and collected the same
as city taxes upon other property for the time
being are assessed and collected in such city.
$50. 3, II shall be the duty of every as
sessor in whose Jurisdiction there shall 6e 10.
Gated any such baBk or banking company, a
notice to make out and deliver within ten
days the statement required in the first see
tien Of this act.
SIC. T. Each and every banking compa.
hy organized under the provisions OF the &C;
entitled ian act 10 incorporate the State Bauk
o Ohio, and other banking companies" pass.
ed February "a, ls45, accepting the provis
ions VI the proceeding sections, shall make
out and transmit a certificate thereof 10 The
Auiilor Of county 10 which such bank or
banking company 10 located, and shall also
transmit a certified copy OF such acceptance
70 ibe Auditor Of Slate, who shall fls the
same in his Office .,..I...
SIC g. This act shall not be construed to
repeal the sixlieth section Of theAet so in
eorpo ate The State Bank Of Ohio and ether
banking companies afpresaid, but to sUs
pend thr operation Of said section as 20 the
syyernl companies accepting lie provisions
hrH Of during The time they shall copunue 10
be taxed as pToVidrd In this section. # rla1|
Sto. 2. Sections 60, 81, GO. GO, GA. G5,
&C, 67, aud g. Of the act entitled an act for
the Assesmept sad taxation Of properly in
thip Sta e, aud for leyymg taxes thereon &c
eording TO its true value In money passed
April 5. 1850, are hereby repealed
SIC. 4. THIS act shall lake effect and be
in force from and after its passage.
ftsq ED, A. PARR0FT,r
Pro TEN. Speaker Of the House OF Rep.
moo s1i VI ROBERT G. KIRK,
10 $40 $4,000 President Of the Senate,
Passed April 4, 1861 77aa
Ifla l.'u tEH.ftT -. I la.
LNoil9 ir ACT 77i e as
Rrladbg 20 bonds Of certain officers.
SforoS !, BE il enacted by the g Gtneral
Assembly VI the State ofnhio that the quar-
termAster general, eonlmissary general pay
naastsF general, and allqnarter masters com
missaTies, paymasters and other disbufsing
officers, aud sueh other officers having Gus
tOdy or control Of the public mOnirs or other