The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1861-09-04

uuaues NASeuku, phNNcu anu dChuuWltuntus
the purchase Or gsantee shall pay to the col
lecter the sum of five dollars for the use OF
the collector, marshal or other person effect
ing the sale of the real estate thereby cons
.veyed. The commissions hereinafter allow
ed to each collector shall be in tull satisfac>
ton Of all services rendered by them The
assessors appointed under them shall be en-,
titled to three dollars for every day employ
ed in making lists and assessments under
this act. the number Of days being certified
by the collector and approved BY the chief
collector Of the State, and also five dol! !
for every hundred taxable persons contained
IN the lists as completed BY him aud deliver.
ed TO the collector: Propiied, That when the
owner Of any real estate Is unknown, or is 4
nonresident Of the State or tax district
wherein the same is situated. and has no a.
gent resident in said district the assessor
himself make out list Of such real estate for
assessment.
[SEcs. is. IA. is and l6 provide for keep
ing separate accounts at the Treasury Of each
subject of taxation, collectors to give bond,
&c.. to sign duplicate receipts, &c.1
SEC. IL. The taxes assessed on each per-
son shall be statutory lien for one year up
on all the property Of that person in prefer
ence to any other lieu; the said lien to take
date from the first day Of October II which
the valuation has relation, and the lands and
other property OF any collector shall be bound
BY statutory lien for FIVE years for All none )
received BY him for taxes; the date Of sucl,
lien 10 commence from the time Of bis receiy.
ing the money.
SEc. Is. The compensation ot the tax col
lectors shal be five per cent. on the FIRST ten
thousand dollars received, and two and half
per cent. on all suns beyond that amount.
until The compensation shall reach $500, be-
ynnd which farther compensation shall be
paid.
SIC. l9 authorizes the Secretary TO frame
instructions to collectors, &c.
SIC. 90. Corporations are intended to be
embraced under TIE word persons used IN
this act; aud whenever the capital stock Of
any corporation is returned BY the corpora
ton itself and the tax paid, the stock IN the
hands Of individuals shall be exrinpt from
tax; and also all the real estate owned BY The
corporation and used for carrying on its bu
,iness, aud the capital stock Of all corpora
tlons shall be returned. and the tax paid BY
the Corporations themselves, aud not by in
i,l,vidual stockholders. The term .mer.
chandize is designed 10 embrace All goods,
wares and merchandise held for sale, except
the agricultural products d the country.
!, Money at interest" IS intended 10 inclul.
the PRINCIPAL sum Of all money belonging IL
anY person other than bank, upon winch
interest is PAID or TO be paid by the debtor,
a. the same stands on the first day Of 0cio.
Der. The term cattle. horses aud mules =
is intended 10 include all such ANNALS as are
raised for SHE, and not such as are raised
merely for food aud work an tle pla .latlon
or farm where they are held. The terul
"real estate" IS intended To include all land.
aud estates therein and all interests GROWN.
lhereout. iaclading ferries, brid yes, mine,
aud the like, and in all cases the actual mar,
ketable value Of the ProPerty Is 10 bc asses
Ell.
The remainder Of the act provides penal
ties for coanterleiting tie Treasury nOte,
and bonds. except the lOllnains:--
SIC. "a. II any State shall, on Or byfor,
the FIRST day OF April next. pay 10 Tie Tfea,
ury notes u tie Confederate States, Or il
i specie, the taxes assessed against tie Gill
Lens Of such state, less tea per ceniun
thereon, IL shall be tBe duty Of The srceiar,
Of the Treasury 30 noiIfy the sane 10 tie sey
eFal tax COLLECTORS 81 srcA State, aud, there
upon. their authority and daiy suler tais &C
shall cease.