The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1863-02-25

from taxation, provided that no more cot
ton thus held for manufacture shall be ex-
emPted. than is needed for the consusp.
tiop ofone year. The usual exemptions Of
real estate are provided for: Mechanical
and farming tools, books, wearing apparel,
arms for muster, boats. canoes, or nets,
selnes Of the value of $500, or less, are al
20 exempt. Property taxed at a higher
rate than two fths Of one per cent. is not
liable to said tax but is 70 be listed sepa-
rately. ,at 4E 3as4
An annual tax Of eight per cent. is laid
on every dollar of nett dividend or profit
not previously listed, declared, received
or due, on or before the lst of April in
each year, on money or capital invested in
shares in the Bank OF Washington, the
Merchants Bank OF Newbern, Bank Of
marlborough. Bank of Fayetteville. Com
merca Bank Of Wilmington, Farmers
Bank of ~ c., Bank Of Charlotte and Bank
Of Yanceyville, TO be exempted however
from County tax. Hf t9
Stock orinterest held by individuals in
all corporations, companies, or business. 10
be listed as the individual property Of hol-
ders in the counties of which they are res
idents. AZ the first County Court of each
county held on or before the FIRST Monday
OF March, and at the same term every four
years thereafter, the court shall appoint
district boards OF valuation, consisting OF
one Justice Of the Peace and two freehol-
dsfs for each school or Captains District,
to ascertain the cash value Of land, other
real estate and slaves required to be listed
Land is 10 be listed as heretofore. In
listing slaves, their names. ages and num.
Der mustbe specified. fewn lots TO be
listed and valued separately.
i The District Boards are required 10 com
'Iplete their lists by the lst Monday of Apri
later their appointment, and on the Is
Thursday thereafter, The justices Of these
boards are t. meet at the Court House anl
organize as a COUNTY Board Of valuation
to receive. compare. and examine the list:
returned, 10 hear appeals from district as
sarv, AMI to return the corrected lists Il
the County Court Clerk.
Takers Of the tax lists shall not take tho
lists Of lands and slaves. but taey shall be
ascer,ained by the County Court Clerk
aad entered BIZ him on the tax lists to b,
furnished 70 the sheriff or collector, from
the lists Of the assessors.
i SCHEDULE A.
! III At4x of one dollar aud twenty cent
is lad on every taxable poll; Count,
II Courts may exempt old aud iafirm persons
Soldiers in the actual service OF the Stat
or Confederate governments are exempt.
| e. Toll gates on turnpike roads, toll
bridges and ferries are taxed q per cent
ON the amount of annual receipts. Keep
ers ol houses Of public entertainment u
town or country, whos. annual receipt
smount to $500. are taxed one per cent. OF
their receipts.
! (3) Eyerv gate, permitted by the Coun
~ Court TO be erected across highway !
taxed els.
Il a. o. note -shasers, in addition 20 th
tax nnpused on the interest they may re
celse on notes or bonds, tax OF ten pc
cent. on their.profts. which they are requlr
ed 10 list without dedOcting their losses.
!. (5.) Persons engaged 10 buying and sell
, ing slaves are taxed one.half ct one pc
. cent. on the total amount Of their purcha
, ses, whether made in the State or out Q
!, it.) during The twelve months preceding tn
) lat day VI April.
II Co., The same tax is laid on residents ,
this State, not regularly trading in slaves
who purchase slaves 10 OF out Of the..Stat
{ to sell again.
(7.) Pleasure carriages, buggies. &C.,
the value Of fifty dollars, are taxed one pI
+ cent. on value. Stud horses and jackass'
/ let TO mares for price, belonging TO res
. dents Of the State, are taxed six dollar
unless the highest price demanded Tor u
4 season for one mare, exceeds that SUN,
Q which case they are taxed the amoun! d
! manded. These are to be listed and 4
{ tax paid 10 the county where the owner E
tl sides.