Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1878-01-23
LEGAL NOTICES.
COMMISSIONERS NOTICE.

will commence my assessmonts for tho cor
poration on the lst day of February for the pre-.
| sent year. As there appears to be some doubt
| rs to what should be given in under the hell OF
moneys bonds, Sc, and as to whit merchant
| should give in as capital employed in business,
| annexed an extract from the State revenue laws
defining those subj jects of taxation.
GEO. DUFFEY, Comm'r. Of Revenue.
Extract from State Revanue Laws]
The value in this State of all bonds, notes. and
other evidences Of debt, (the solvency OF which,
in cases Of doubt as we'll AS the value thereof.
shall be determined by the commissioner in
Guiding bonds due from railroad and canal com.
| panies, bonds of towns, counties and Cities and
bonds of other States and corporations, demands
and claims, however evidenced, owing or COM
ing 10 you, whether due or not, from debtors
residing out of or within this State or country,
whether secured by deed Of trust, or by judg-
ment or not, deducting from tho aggregate
amount thereof all such bonds, demands. OF
claims, not otherwise deducted, owing to others
from you az principal debtor and not as guar
antor. endorser or surety, Each person is re-.
quired to exhibit and make oath 10 a list of all
bonds, notes and other evidences OF debt due
and payable TO such persons, i'll excess of $l0O;
the amounts of such bonds and notes and other
evidences of debt under $l00 each, to be given
in un der oath, in the aggregate, which SAID list
shall be signed by The commissioner, ana re-.
turned to tho taxpayer. [The aggregate Of
principal, interest, and exchange shall constitu-
te the amount Of bond. demand or claim due
and payable, and the principal, with interest
rebatod when the bond, demand or claim bears
no interest, shall constitute the amount Of bond,
demand or claim not yet due and payable. But
no bond, demand, or claim constituting part
Of the capital Of business done out of the State
shall be included.l The value Of capital, includ.
ing moneys, credits or other thing remaining in
vested, whether said Investment was made origi.
ally in this or in any other Stateor country, loan
ed, used or employed in business out ofthis State,
by yourself, your agent, or other person fol-
you. The value of all capital of incorporated
cint stock companies, building or loan associa'
lion, not otherwise taxed. Roal estate belong
ing to such company, shall not be held to be
capital but shall be listed and taxed as property
and not as capital. ."".
The amount Of capital invested, used, or employ
ed in any trade or business, not otherwise taxed.
Moneys and credits actively used and employ
cd in carrying on trade or business, including
goods, wares and merchandise on hand, and all
solvent bonds demands or claims made or con-
traeted in the course of business during the pre-
ceeding year, shall be held to be capital in such
trade or buainess and shall not be taxed other.
wise than as such capital but real estate shall
not be listed as such capital, but shall be assess
ed and taxed as other specific property but
nothing herein shall be held to exclude from
taxation any property which is the subject OF
such business Jan 2l-tFl