Spirit of the age. [volume] (Raleigh, N.C.) 1849-1865, 1863-02-16
So. An act entitled "REvExuE."

lLcfleS an al CThHrem tax OF tWO-nf.hS OF
one per cent upon the assessed cash value of
the following. to wit:
1st- Real Estate.
end. All slaves in the State Except such
as the County Courts NAV exempt or have
exempted from taxation on account of bodily
0 mental irfrnity) t, be ascertained by
the same persons who assess the vaine OF
3rd. Money due from solvent debtors, or
on deposit with individuals or corporations
Confederate and State Treasury notes to be
considered money" The person listing
money on hand or at interest being allowed
to deduct debts owing by him US principal,
and also as surety where the principal is in
solvent. 6
4th. On money invested in Manufacturing
and Steamboat Companies, according to the
shares as fixed by the charter, if the shares
be ih a corporation-if there be no incorpo-
ration, then. on the amount invested. A like
tax is laid on money invested in County or
State Bonds issued since February 23d,
1861 also on money INFESTED in every spe,
cies of trade and traffic not otherwise taxed
in the bill.
9Th. Household and kitchen furnit, re
above the value Of $3.50, except such furni-
ture is specifically taxed.
UIu. IIOIsSS, HluiCS, CdtG'e, uOSS anu OL0eF
live stock raised Or kept for sale, and not for
owners use, subject to exemptions hereinafter
set forth.
7th. All cotton and tobacco not owned by
the producer, or purchased by the owner for
his own use or that of his family and depen-
dants: cotton purchased for the purpose OF
manufacturing to be exempt from taxation,
provided that no more cotton thus held for
manufacture shall be exempted than is
needed for the consumption of one year.
The usual exemption of real estate are pro-
vided for: Mechanical and farming tools,
= books, wearing apparel, arms for muster,
canoes, or nets, seines of the value of 5000,
or less, are also exempt. Property taxed at
a higher rate than two fiths Of one per cent.
is not liable to said tax but is to be listed
separately.
= 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 LIST of April in each year,
on money or capital invested in shares in the
;, Bank of Washington, the Merchants Bank
> of New-Berne, Bank Of Wadesboro', Bank
of Fayetteville, Commercial Bank of Will
: mington, Farmers Bank of n. c., Bank oil
Charlotte and Bank of Yanceyville, to be
exempted however from County tax.
Stocks or interest held by individuals in
all corporations, companies, or business to be
listed as the individual property of holders il
90 the counties of which they are residents
N At the first county court of each county hele
on or before the 1st Monday in March, anG
at the same term every four years thereafter
~ the court shall appoint district courts o
: valuation, consisting OF one Justice of The
"a Peace and two freeholderS for each schoo
or Captains District, to ascertain the casf
Ia value OF land, other real estate, and slaves
~ required to be listed. Land is to be listet
as heretofore. In listing slaves, their name
N ages ana number must be specified. Towr
lots to be list and valued separately.
- The District Boards are required to com
y plete their lists by the 1st Monday of Apri
- after their appointment, and on the Is
Thursday thereafter, the justices of thes
boards are to meet at the Court House an
organize as a County Board of valuation,
receive, compare, and examine the lists re
m turned, to hear appeals from district assess
mentS, to order reassessments, if necessary
:, and to retu,n the corrected lists to the Count
Court Clerk.
Takers Of the tax lists shall not take tn
lists of lands and slaves, but they shall b
l.. ascertained by the County Court Clerk, an
entered by him on the tax lists to be furnish
an cd to the sheriff or collector, from the list
ofthe assessors.
SCHEDULE A.
~ a. A tax of one dollar and twenty CEN
tbe is laid on every taxable poll; County Courr
may exempt old and inirm persons. Soldie
in the actual service of the State or Confed
tho rate governments are exempt.
= o. Toll gates on turnpike roads, te
A bridges and ferries are taxed q per cent {
,ol. the amount of annual receipts. Keepers
tho houses of public entertainment in town
county, whose annual receipts amount
$500, are taxed one per cent on their T
!, of ceipts.
49, Every gate, permitted by the Count
of Court to be erected across a highway,
taxed $50.
m a. On shavers in addition to Il
tax imposed on the interest they may 7
ceive on notes or bonds, u tax of ten p
cent on their profits, which they are
h,;c quired 70 list without deducting their Loose
o. Persons engaged in buying and Sc
Nth ing slaves are taxed one one half of one 2
~ cent on the total amount of their purchase
az whether made in the State or out of i
during the twelve months preceding the ]
: day of April.
(6). The same tax is laid on residents
this State, not regularly trading in slav.
e.. who purchase slaves in or out of the Sta
to sell again.
ca Pleasure carriages, buggies, ETC.,
the value of fifty dollars are taxed o
per cent. on value. Stud horses al
jackasses let to mares for a price, belongiI
4th to residents ofthe State, are taxed six d.
lars unless the highest price demanded
ami. the season for one mare exceeds that su
in which case they are taxed the amor