Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1874-06-04

{ 18th. The value of moneys, including bank
bills and circulating notes.
14th. The value of all credits.
18th. The value ofnvestments in the stocks
of any company or corporation out Of this
State, except national banks.
: 18th. The value of all investments in bonds,
except bonds of the United States and of this
State, expressly exempted from taxation.
! 18th. The value Of ull other property.
, Sec. II. Any person who shall, at any place
in this Stale, be engaged in the business Of
buying aud selling personal property, or in
selling personal property consigned to him
! from any place out of the State, or property
not the product of this State, consigned to
him from any place within this State, shall
! be held to be merchant, and, at the same
time he is required to list his other personal
property, shall deliver to the auditor Of the
county in which his place Of business is situa'
ted, statement, under his oath, of the aver
age monthly value of the personal property,
moneys and credits pertaining to his mercan-
! tile business; to ascertain which, he shall set
down the value on hand on the first day of
July Of the preceding year, or other time of
commencing business during the year, add
thereto all purchases, when made at cost, ascer-
tain the average value on hand for the month,
deduct the average amount of sales for the
month, ut cost, and the remainder shall be the
average on hand FOR that month; and, in like
manner, ascertain the average value for each
month, down to the first day Of July Of the
year in which the return is to be made, add
together such monthly values, divide the az
grcgate by the number of months he has been
in business during the preceding year, as afore-
said, and to the 9uotient add the moneys and
credits on hand the first day Of July of the
duct of this last addition shall be the sum
upon which he shall pay taxes for the year in
which the return is made.
Sec. II. Every person engaged in making,
fabricating or changing things into new forms
for use, or in refining, rectifying or combining
different materials for use, shall be held to be
a manufacturer, and shall, at the same time
he is required to list his other property, make
and deliver to the auditor Of the county in
which his place Of business is situated, Il state
ment of the average value, estimated as pro.
vided in the preceding section, of all articles
purchased, received, or otherwise held for the
pu[Pose VI peIhs useu oy MN al ITO u'''i''e'''
at any time during the year preceding the
first day Of July Of the year in which the re.
turn is made and he shall also list, at their
full value, all machinery, tools, implements,
fixtures and engines, used, or purchased for
use, in his business, (except such as have been
appraised for taxation as part of the realty,)
together with all manufactured articles which
have been on hand and remained unsold for
one year or more prior to the first day Of July
of the year in which the return is made; also,
all the moneys and credits pertaining to said
business OH hand on said first day of July:
Provided, That all materials provided for use
in said business shall be estimated as on hand
until sold, or remain on hand in a manufac-
tured state for one year.
70 BE CONTINUED NEXT WEEK.