Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1861-05-10

the redemption Of tho notes Of banks making such de-
posi and on which no interest Is charged received by
the banks making such deposits which several amounts
shall truly represent the condition OF the MEANS property
and assets Of the bank described in this section as they
Monday In April aud shall be added together and the
gross sum produced shall be doomed the amount OF
such bank.
SEC The assessor shall return To the county auditor
the described In the foregoing secton made by
any bank In his township or ward and the amount
turned shall be placed the county duplicate and the
city duplicate where city taxes are collected separate
duplicate, and taxed as other personal property In the
same township, town. village or ward, may be taxed by
sEc 8. Every eorporation company individual, per-
or association Of PERSONS whether by law
TO issue notes for circulation not that shall keep
Office counting or other place FOR the
Of business in this State and shall discount buy sell
exchange, otherwise deal in receive In denosi
money bills OF exchange notes, bonds stocks certh
catcs Of public debt other evidence debts claims
demands with a view Of profit shall be deemed bank
within the meaning OF the preceding sections OF this act
and for the purpose OF carrying out Its provisions.
SEc4 Il shall be the duty Of the president and cash
Ter of each banking company organized under the
titled can act to incorporate the State Bank Of Ohio
and other banking companies passed February a. 1s45
on before the second Monday of May In each year
make out under OATH and return to the proper
OF the township town or ward where such company To-
Gated, certificate containing statement of the amount
OF the capital stock Of such company paid In and remain
ing as capital stock undimnished by losses otherwise,
together with the amount Of surplus and contingent fund
and undivided profits accrued prior TO the first Monday
May and also the amount loaned to, deposited with
such bank for term certain which by agreement or
understanding between the parties Is 20 Withdrawn
demand, excepting amounts which NAV have been de-
posted with any bank established clearing house for
the redemption Of the notes OF banks making such de-
poss and on which no interest is charged or eeeved bv
the banks making such deposts and the amount
turned shall be placed on the county duplicate aud
tho city duplicate where city taxes collected on
separate duplicate and taxed other personal property
In the same township town, village ward may be taxed
by law In making the certificate aforesaid any portion
Of said capital stock surplus contingent fund
divided profits invested in real estate which subject
taxation under the laws of this State may deducted
but the certificate shall specify the deducted.
SIC o. Each assessor oil any township or ward within
the limits of which any such bank banking company
may be located In case any president cashier Of such
bank banking company shall refuse neglect to make
out and deliver to the the statement herein
CURED after the provisions OF this shall have
ceped by such bank as herein provided SHALL In other
cases. ascertain the amount Of such capital stock surplus
and contingent fund aud undivided profits and shall re
turn the to the county auditor such other Of
hcer the law regulating his duties may require the
amount thus asoertained with the addition Of fifty pei
cent thereof shall be entered upon the proper duplicate
for taxation provided that in where city taxes ar,
assessed and collected by the city authorities the taxe
upon banks as provided for in this act shall be
and collected the city upon other propert,
for the time being assessed and collected in such city
| SEC O. It shall be the duty of every assessor Il
whose jurisdiction there shall he located any such bank
banking company, to leave with proper officer o.
such bank banking company, notice to make out
section of this act.
SEC. l. Each aud every banking company organized un
der the provisions of the entitled 'an to incorpor
ate the State Bank Of Ohio and other banking companies
passed February a. 1s45 accepting the provisions Of the
three preceding sectlons shall make out aud transmit
certificate thereof to the auditor Of the county in whci
such bank banking company is located and shall ast
transmit certified copy OF such to the audto
| Of State. who shall file the same in his Office.
SEC. g. This act shall not be construed TO repeal thu
xeth section Of the act to incorporate the State Ban
of Ohio and other banking companies aforesaid but
suspend the operation of said section the
companies accepting the provisions hereof during th
time they shall continue to be taxed provided in thi
! act.
SEC. o. Sections CO. 61 e. 90, e. e5 Ge, 67 and 6s
the act entitled act for the and taxation
property in this State and for evying thereon
according to its true value in money passed April 1859
are hereby repealed.
Sec, 10. This act shall take effect and be in force from
and after its passage.
! ED. A. PARROTT,
Pro ten. Speaker of the House of ofRepresen tatyes.
ROBERT c. KIRK,
Passed April f. 1861. President of the Senate.
Olice of the Secretary of State,
Columbus, Ohio, April 10 1861. :
certify that the foregoing acts are true copies of thu
! Original Rolls Gle in this office.
A.P. RUSSELL, Secretary of State.
AUDITORS OFFICE,
| Sandnsky County. o.. May 10, 1861.
certify the above laws to be correct
THOMAS TUCKERMAN, County Auditor.