Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1872-04-23
NJ proyIsIon. Of M. ora nance, and . make

upon the property that snail DO lncluVeu y
lected In the Same manner as the taxes thal
have been levied upon tho property included
in the original tax list. A7 4Nf
See. Is, That the shares Of stock IN an,
bank. institution or company declared 20 o.
taxable by the provisions Of section ten Of tsii
ordinances shall be assessed aud taxed to the
respective stockholders In such bank, lnstitu
ton or company, respectively, at the ma.ke
value Of such shares Of stock. and shall b
included in the valuation of the personal pro.
perty of each stakeholder. whether the said
stakeholder reside In the city Of Memphis Of
elsewhere, ana shall 5e taxed at the SAINT
Sec. il. That every individual banker doins
a banking business in the city Of Memphis II
hereby required TO declare. upon oath, betor,
the Board of Assessors of the city, the amount
of capital invested In such banking business
and each one hundred dollars of such capita
shall, for the purposes Of this ordinance, b,
held ana regarded as one in9ividual snare q
shares shall be included In the assessment Of
personal property. If such banker have a
partner. he shall declare, on oath. before tbs
Board Of Assessors. the number Of shares held
BY each Of them in such banking business, MS.
cert aimed as above provided, and the shares 50
held by any partner shall be included in the
valuation of his taxable property in the as
sessment Of property by the city or Memphis,
and such individual banker shall pay the
same, and make the amount so paid charge
/ on his account with such partners; and III such
individual banker have no partners, or part
ner, he shall be held to be sole owner ofai the
shares in such business Of banking, and the
same shall be included in the valuation Of his
| personal property in the assessment of taxes
for the city, in the manner before directed,
Sec. Is. 1t shall be the duty OF all banks,
| institutions and companies located in the CITY
of Memphis to keep at all times. in the office
where the business Of such bank, Institution
or company shall be transacted full and cor,
rect list of the names and residences OF all
/ the stockholders therein. and Of the number
| of shares held by each and such list shall
be subject to the inspection Of the Board Of
Assessors during the business hours OF each
day on which business may be legally trans
acted AMI a violation of any Of the proyis-
ions of this section shall be q misdemeanor.
and any party convicted thereof before the
Recorder shall be fined in any sum not less
than five, nor more than fifty, dollars.
Sec. 10. That the gross sum Of the surplus
earned and in the possession of savings banks.
or institutions for savings. located in the city
of Memphis. shall be taxed as personal prop
erty. and the officers Of such banks or institu,
tons may be examined on oath. by the Board
Sec. II. That the Board Of Assessors shall
have power to examine all persons owning or
controlling property liable TO taxation under
the provisions Of this ordinance. on oath, and
to require the production of such books and
papers as may be deemed necessary, and also
shall have power TO summon and examine
witnesses, on oath. for the purpose Of ascer-
tanning property liable to taxation, or the
value thereof, or any other fact material to
the enforcement Of this ordinances; and any
party refusing TO. appear before the Board OF
Assessors after having been summoned or
notified By the Board to do so. and any party
refusing TO testify, after coming before the
Board, in reference to any matter within the
province of the Board to make inQHily about,
shall be guilty Of misdemeanor. and on ar
rest and conviction before the Recorder, as
in other cases of misdemeanor. shall be fined
in any sum not less than five, nor more than
fifty, dollars.
Sec. is. That il shall be the duty Of the City
Comptroller, at the time the Board Of Assess
ors enters upon the discharge Of its duties, to
furnish the Board Of Assessors With assess
ment lists so prepared that the several descrip-
tions of taxable property herein designated.
and the separate values thereof, together with
the names of the owner or owners. and the
year or years taxable; the gross value Of all
the taxable property of each owner, and the
different kinds of taxes and the rates of taxa
ton. may appear in separate and distinct col
umns; and il shall be the duty of the Board
of Assessors TO make the assessment of taxa
BILE property in accordance with blanks SO
furnished.
Sec. I9. After the assessment lists are COM
pleted the members of the Board of Assessors
shall verify the same by oath Endorsed thereon,
and, after having done SO, shall hle the same
coed at once TO make, or cause to be made,
two tax books which shall correspond with the
assessment LIFTS. and in addition to what is
contained in the assessment lists, shall show
Ia separate and distinct columns, the differ
eut amounts Of each separate tax due from
each taxable person and the entire amount
of all taxes due One Of the tax books SO
prepared hall be delivered to the Tax Collec-
tor properly certified by the City Com ptroller,
on or before the day the taxes therein charged
fall due, and the Tax Collect II shall execute
and deliver the Comptroller a receipt for the
same, which the Comptroller shall preserve
among the records and papers of his ofice;
Provided. That the tax book that may be
male from any supplemental or additional
assessment list shall be delivered TO the Tax
Collector as coon as it can be prepared after
the filing OF the assessment lists with the
Comptroller. The other Of the said books
shall be filed in the office of the Comptroller.
there TO remain as record Of his office, as
shall also the assessment lists.
Sec. 20. That all the various remedies pro-
vided, or that may be provided, by the laws
Of the State, or county. or other taxes, be and
the same are hereby adopted. and the laws
governing the same are declared 70 be in
force for the collection of all taxes that are
or may be assessed, or are or may become due
to the city of Memphis, and, in addition
thereto, the City Attorney shall. when so di-
rected BY the Mayor. file bills in the name
Of the city Of Memphis in the proper Court OF
Chancery for the enforcement Of the lien re-
served By section fifty-seven of the city char
ter: or the City Attorney, when directed by
the Mayer, shall bring an action against any
delinquent taxpayer In the name Of the city
Of Memphis FOR such amount as may be due
,,,,r,,,. Z
Pkl'lbeSEs'
Section q. That there shall be assessed and
collected by the Tax Collector, as a tax upon
urivileReF from each person, firm or corpora
ton exercising any Of the following branches
Of business, occupations or professions in the
city Of Memphis, the following sums which
otberwise herein speeifsd:
1. From every tobacco warehouse for the in
speetiop and sale OF eaf-tobacco, annually
he sum of sigO. -.-.i.,..l II. f.....-