Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-02-27

appropriations by the General Assem- l
to pay special claims, and the remainde
to the satisfaction Of coupons on tn
bonds issued, known as the State deb
proper, directly for the benefit Of tn
State, and such State bonds as are now
due and falling due, known as tn,
State debt proper; and the remainder
whenever the sum amounts to one hun
dred thousand dollars, pro rata, toward
the satisfaction of past due coupons on
the bonds of the State of any series is
sued for the purpose of internal improve
! ments-and upon the presentation OF the
matured coupon of the date amongst
which the distribution pro rata is to be
made, the Comptroller shall issue q war
rant for the pro rata, and a new warrant
/ for the remainder due on the coupon, and
take up and cancel the coupons so taken
up as required bylaw, and continue to
make such distribution as fast as one hun
I bred thousand dollars of surplus shall ac-
crue, until the entire interest due on the
bonds at the time shall be fully paid
provided, the interest falling due first
shall be first paid and satisfied.
Sec. 8. Be it further enacted, That
from and after the passage of this act, it
shall be the duty of the Comptroller of
the Treasury to furnish the Clerk of the
County Courts of this State, printed
forms, in which shall be designated the
several sources from whence revenue is to
be. derived, together with the rate of taxa
ton on polls, property and privileges, and
also to the collectors of State revenue, the
cost of preparing of which shall be paid
out of the Treasury, on the warrant of
the Comptroller.
Sec. 6. Be it further enacted, That the
Comptroller of the Treasury shall keep
in his Office, true and correct Interest
Account, y showing the amount of interest
due semi-annually on the bonds of the
State issued for any purpose, and shall
cause entries to be made on said account
for every dollar paid on account of said
interest, and coupon received and can
celled as now provided by law; and in his
report to the General Assembly, shall
state the precise amount paid on interest
account, the number of coupons paid and
cancelled, and the number and amount
outstanding and not paid, SO as to furnish
satisfactory information as to the condi-
ton of State Indebtedness at the end of
each fiscal year.
Sec. Z. Be it further enacted, That the
provisions of this act shall apply TO the
assessments for the year 1870, and in all
cases in which assessments have already
been made for the year 1870, it shall be
the duty of the Revenue Assessors in each
county, and they are hereby required
without delay to reassess the taxable
property in tl:eir respective districts ac-
cording TO the provisions of this act and
make their report of such assessment as
now required by law, provided the person
who, on the first of April, 1870, is owner
of real or personal estate liable to taxatiOn
shall be bound to pay his taxes assessed
thereon for the year 1870, and the same
shall be assessed in the name of such per-
son if he can bediscovered, but from and af-
ter the year 1870 the assessments shall be
made as now provided by section SCI of
the Code, on the 10th of January. s8
Sec. s. Be it further enacted, That |
each Tax Assessor, before he enters upon |
the discharge of his duties, shall take and |
file in the office of the Clerk of the Coun-
ty a written or printed oath that he viii |
faithfully and honestly discharge the |
duties of his office, and that he viii value |
all property taxable in his district in good |
faith, according to the standard laid down |
in the Code of Tennessee and this act. |
And any person wilfuly refusing to so |
value such taxable property shall be |
guilty of a misdemeanor in Office, and on |
conviction shall be fined not less than one |
hundred dollars, shall be dismissed from |
that or any other Office, State or county,
he may hold at the time of conviction,
and be ineligible for any office for two |
years thereafter, and the Judges of the |
proper courts shall give this act in charge
to the grand juries of this State.
Sec. 8. BE it further enacted, That the |
County Courts of the respective counties |
of this State shall not levy greater pro
rata rate Of taxes on any one species of |
property, privilege or poll, than on any
other which is taxed by the laws of the
State, but the percentage of, as compared
with the State tax, shall be equal and |
uniform, and that the taxes assessed for
county purposes shall not exceed the rate
of taxation provided by this act.
Sec. 10. Be it further enacted, That |
this act shall take effect from and after
its passage.