The Oxford intelligencer. (Oxford, Miss.) 1860-18??, 1861-02-06

cal year for which the tax in the hands Of
the assessor was collected; and if any tax
collector having sufficient money on hsnd
arising from said tar, shall refuse TO pay any
certificate or note as aforesaid to the holder
on presentation and demand thereof he shall
be liable to the holder thereofin sum equa
to the amount of the same note or certificate
to he recovered on an execution in any cour'
having jurisdiction thereof
SEC. 5. That the Treasurer and Auditor
shall keep separate, full and accurate account,
of the number, date and amount of said Ger
tifeates or notes, signed and countersigned
by them respectively, and they shall keer
similar accounts Of all the said certificates OF
notes redeemed, as the same shall be return,
ed and cancelled. They shall also make an
nual statements Of the amount Of said certifi-
Gates or notes, signed or couutersigned as
aforesaid, and of the amount thereof that may
have been redeemed, and shall furnish such
accounts to the Governor, who may cause the
same to be published, and shall lay the same
befoFe the Legislature,
SEC. Q. That the motley raised upon the
said certificates and notes shall be paid into
the Treasury Of the State, and shall consti.
tute part of tile Military Fund, and shall be
applied to the defence and military service Of
the State, in the manner directed in the first
section Of this Ordinance. h aa'a-
SEC. 7. That it shall be the duty Of the
tax-collectofs Of the several counties in this
State, in every year commencing with the
fiscal year beginning on the first day Of May
next to collect from every tax payer in his
county, in the manner county taxes are re-
quircd to to be collected, an additional spec
ial State tax the same as is provided in the
first section of this Ordinance, and to pay
the same into the State Treasury, subject to
the same lave, restrictions and penalties, that
apply to and regulate the collection and pay
ment Of other State taxes; and the amount
of such special tax, shall constitute special
f;ind for the redemption of the principal and
interest of the certificates and notes to be is
sued in pursuance of this Ordinance, and
shall be faithfully applied to that purpose
and the said tax shall be irrepealablc by the
Legislature, until such certificates and notes
shall be fully paid and satisfied, at which
time the collection of said tax shall cease and
determine: Provided, however, That if or
the first day Of December, in the present, oil
any subsequent year, it shall appear that SC
large an amount of tax as is contemplated by
this Ordinance, will not be required to pay
the principal and interest of said certificates
and notes falling due and properly payable
out of the tax of'thst fiscal year, it is hereby
made the duty Of the Governor, by procama
ton directed to the tax-colectors of. every
county, to reduce the said tax to an amount
sufficient to pay such certificates and notes
so falling due and payable, and to direct tho
collection Of smaller per centage on Tho
State tax; and when the certificates ant
notes authorized by this Ordinance, shall b,
fully paid, the Governor, by like proclama
tion shall direct the collection of such tax tC
be discontinued. '"@
SEC. 8. That it shall be the duty Of th'
ax-colcctors, when collecting the taxes levied
by this Ordinance, until the assessors shal
make other assessments Of personality, to as
scss the said tax Of threc-tenths Of one PEE
cent upon all money owned or controlled by
the inhabitants Of this State, aud deposited
loaned or employed in the purchase of notes
bills, bonds, stocks, mortgages, or any sc
curities for the payment Of money, withou
the limits Of this State, or kept from use anC
circulation within the same, at any time dur
ing the fiscal year, aud to require such in
habitants to give in the said assessment, un
der oath to be administered by said tax-col
lcctors, and to return one copy of said as
sessment to the Board Of Police Of the prope
county, and one to the Auditor of Publi
Accounts; and should such inhabitant fail o
refuse to give in said assessment the sal,
collectors shall levy. and collect from such iu
habitant the sum of five thousand dollars
provided that the tax collectors shall, 70
their compensation for collecting the take
raised by this Ordinance, receive three pc
cent upon the amount collected from the ia
payers, and nothing for receiving the amount
that shall be paid by the Board Of Police j
discharge Of the said tax of fly per eentuH
Sac, O.. That each assessor Of taxes in thi
State, in all subsequent assessments for taxe,
until said treasury notes are paid, shall n
quire each inhabitant Of his county, to ret
der on oath, to be BY him administered, h
amount Of money owned or controlled b
him, and deposited, loaned or employed j
the purchase Of notes, bills, bonds, stock
mortgages or any securities for the psymer
Of money, without the limits Of this State, G
kept from use and circulation within th
same, at any time during the fiscal year. an
shOsld said tar payer fAil or refuse 10 rend'
said amount or take said oath. then said a
SCISSOR sban assess against him or her the sui
Of Eve thousand dollars, as taxes for mono