, 1869-02-16


'n,slisn, as 70 hAts esfns fna: VI eonii pos
tt.n suta pfo.'.'ot. T!e :seM o..ee.a e:
o':s q ~ ';e''sSn y " MAJ Il. e.es
w.s uesttd, I'D thai ibty should h1. y
!. .::s..s epea s,s.t ssss' oa:,ss ~ % 81 ea
!. 's'S @ s: IL: sis;ss T. ys;
,s,',s s:s e. Ss. 9tss s.s as, TT sa'
i,a,s nIed Aay osas 'ndssssss !htssai. b aseIM'
~ INT taEk as & ." 5s' 4, ~ ~ no nss ,h 1,
Is - q 20 stet q ~ e.nk'; ~ y" i ies'.l.!a's
mot ~ muoa saysaue would 10 ae..saa ), lrom
iha ioEn .. s4th ded N do, Ihe lasPnsae A.d
object q va ast ne plain. Ts's II 'hs Asss ses'
'''s.n .nesesltt. no tsx ,h,n he asac:,ed upoa tho
eata unssr IL suso., sae Or o..
esniEed under ihe ants osasi OF nc cn.,ra s.ses
.aa esea wen asn:iss cs sn.
hr a.eeesed and lax, 'ha value Of their .res
Ct t.oek th t.io IL t6s eoah.' .owu o. ai.ss M
r.ier. sso not ri ewhere, ,~n&ther surn ITO 4holc-
ers rstidd in tuch tosr, eonrty r. u,stet OF nn1.
ts..s u rpon otset 20. e,ed cap,t. IN tEs haEa.
Of indiY{duais IN tbs A'ats: AEd T. sass
ar, ot,lsI eapal q sdca -. p P.n ,ners
such sbaies. from thevslue VI 4. .amss s7en snm
such eh.res H. sss.ts,d value Vt al eucn re.s
| ca ate beats to the whole capita; s:ecs q s1ca
noiatns he,ein cortT1ed ebsll. bs hela q sos,
etruea 70 c4ecpt from taxat'on sne seAl estste nso
tior tut lie IL 81 .sne err se. be .soiect 10 State ua~
s, municipal AID other tA1aton 10 the rama e.
,s,; ana 1s,s :, sna n !, tns sss Manner as
| The old syetsn Of taxing the banks OF their
sg,, zssS ~ sa q rsyesaa
| would accInt eHu7l to that derived # n taHluV
hr s,os: etoS5: t., a.. +, e5y ~ adasop ro asa
pcrt.ona,e ann f r 'ha Pea essa:e IL which pot-
lion Il The capital might b: sted-
Apfensn:s ca.e ~ NOT foser.ea ~ the geae.al
law. but by th14 as1, aua se louk ia IT, IN van.
fcr any to fne claim !oraedne,lops On uhi;h
nn svdent r iss seeo1d ee:iioa u he ~
j ! which Is ae Eolloss:
szc; There thae b. + r 3 p: y ~ tt.ne. 1 shs
s..te, cr o tie Upied stste*, sns b. szasssc.ed,
ensYes reid NJ carp. sad su:h mt shal subject 70
tases, ps II ASSES properly r 1ax,f9, du1,nz ,hs
: hus1ness hoo:s OF each dsy IN wh;ch 6us1aess
be Legally ~ nH,s snt cv saa r. d.. o.
d trits Assestor 10 aeeeztsln ard report to he
Clerk q b.: s sopny Or = fe 10 oa s;
aud re.deaees Il I'll scc .toekno!aczs Il sry suca
ID OF tn7 n With the oumher and ralEe q Ill suen
a shart held by eacn Of them rcapecs rely show
e. + 1aea
On {tpeh return th I'll ato show Ehas aeduets,c. u
u, ary. is 10 te made ttom ne value o. saea sn4res
al e.cck ofsuch back OF ha1 knK assocaftn N fcM
os STATE, aet toe9a in The drt section Of tais ACT
st .Feesnly naIaca excludes ,he 1te1 81 sas o:haf
nk Teduet,on. II Is qu,te app.Fent 1nat osncsa Q:
as this act were Of iu'end:d to be placed on tbs
It's sarfe footing With owIess Of other r'onA prop
iea pser Of ssstsm ~htea I'D been eyss:arEsa e3
foi- he ees,en Of tse supreme c9a1t Of tas tnatsa
81 a II
mt vss ds' I'd, ,,wthna. any detactoc, save for IN
vtstmeIts + Es.. sss'te and xhso l
ias ssnk ar ine stockholders tegtihtr as much a. T.
,or- DID before ron ,be ,.x on me espta! >u.sx
@ tSe oi,eo,etas!e no.4 seet,on i
IL "sEc,s. The COX etor Of Taxes. and the oftcs'
'ne eos: so1. sy iii Or cither cf them havs an &C
s.se cn to collect the ta1 ss.esfed On any tnirs
,sp1 ss1s, t.o il arss Of ID sale Of susf.
sa. thays.; a:d assessed sgs1n.t a1sa sn.s
ken ,bsrss tos, es BE- ana -, r. a'a Lien thereon
.sp. No tneh provision Is this Is found IN taa re,
'~' aue Jaw III ts ened In oneas Is contained II
r,- sssc.a. ror ih- purposes q collecting sue
atsh and Ia aeeiltcn 70 ny =" nos u eo
relative 10 The ipest1ou Of ta1ee II aaal! be
:ons cut3 otevcrs sncc hank or hanklss aast etsao
t.o. a. nneh os auy oiSsdtad o. diy1dends belonging
15 srth Ahod.sa, stall be recs ssasy "a psy q
ps9 al. b. m,ds to sptess u such oaesfs tnsE an
yot taye been ps:d and any otncss o. suso ~
.ty zoen aviasaa. or y s9[ po's,9a ~ s:
sona thereby neeoI nsh.e m !Ss assn "a
ID N q lax wnele the bank l1ca'ed shall te -
eyed sAre Or shares t. pay tie s.e ike otnsf psfso'
In view Of his 1ce:.,aton, i: u.t oe ao71re
1tant that tyetem VI i.x.tio1 for oauk anasss y
o~ d,s,pltd peculiar to IT'S auo lid pencent of
and | : re.a, rcvenue Of tee state.
e.Ms L No d rur.lln tt1 - showed nsaer this tyese
ays tto, MS in ttal s.ts:e ns o.!
I'm qss, fap,1a' pra.rt1 n e ors
con u, sate wh cn rhal.ha saxed Is entirely d'a.T.
Rs:o u .7e p1ceeseon o. pssesnsass -. ss,,ss va
IN ~ ssrs one per cecf ortt1ca cent On ~
s9ss e speiis 2sis 70 y
hoWn, The n,sa11nxtt soe ae. st1atat,s - 1oas a.
Isl laa IN. II h no rfeftrr tnsn tle .st.s iEpo.ed
tepaf:- :Ats psup<ry: nov'osa11ou Of the act aesh
c'ns'' Tns @ ] pfoSisiea of tho at,b ~ s:on Isattse
his Oh n9 appellant on tc3ht grounds. W. 40 Iat
ss It 70 81 Il ia or
ted On it,end&d II .hnt vas stricken o1t sss1 tue
r nd Caesr ,hat CLAUSE. sh:nla Collector g
y p,1'tc to sell me .hs1e: fcr non nayss.ut Of
tns on oiss fas edss 81 T.
|
IL; tn o. G5aAcsxg. gu ot. .tsu Int ~ NM
8s the Woolo etnpe1 tHe aos.;nr ~ ~ -
iets it.. Ea gan pekSsNe " .i sa.i 80 revnnnes
pns- ue1- Inc o!s's 20 NV ,aans - an- M,
us the LA tseat ~ at - - ~ rtrAer 1.s|s
April, other~1ae. not pson1o4teo " a1suIt ''"9
then it c3:eet kuen; >s,. ...h.v sra ..xed
ted By n - ~ naS 1nats fhrrncn III. ii 11der
.ea u+s p1nvaed by lhT.- tbs State could by'Hd1o
tno aw tne ,t ~ NC ~ S,,h, ~ nsfnssa
Ot r-a lt-aSLus, sLe1 2o4N'A4s "7 NN' "
stry for pay lnt ls1ss: t,u, 5,,,,,as, nv .ta Cor
NsT tor Ine 4uesHva = -, lu"S n .sa ~ tce sas,
iofuted aa 2! - 80 - ,ha .1nst n ia rrts
Huate9 Ma0sM VIZ -, - s1re,nns trs rnY cu1
was o1VoA Au4 - w ss.,, -,1 "a b.va aid =
DC d,ys, 42e.N heSusua ~, ,ns1e shat snnflI1nl
an tuey APun ans 1S1s ~ Il IL anic1
April, az noass ~ ~ ~ rasssssr| he shou1d HAVE
Rrcater a toat = ~ - nnsz 7haf ~. moi
Of c,m tLe - NH hs IL 3 re
~ the Ha tt - is1.<t. - tfT,r ft
ssion to Rt1 od tne ~ ,. s'sa ase n4E.1 80
- tAt- oeAs0 s.4 =. - -,nre E. the rreora the
th3i IN fLeetloAaht 1tav1. W. = ~ afsr+rsd
thn 1ttWXalU6 u44A AaAsl W. +~AAAN-~e--