Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-03-25

paying to the county trustee the OF S25 annually
%. Any PRISON. firm or corporation engaged In
the manufacture OF eottOn-seed or other oils, the
sec. g b tJtirLhsr e71c "a That there Is hereby
assessed tax on all privileges not herein specifcal-
y enumerated, tax equal to the tax assessed fOI
State purposes, the same TO be collected az Other
issued Shall be for the sole and exclusive benet 0r
the party In whose name and for whose benef5 such
license shall be Issued and saa not be Iransfera-
BILE by the owner or hslder thereof to any person
whatever, under any pretense whatever,
10 the trustee 10 transfer the same which transfer
may b. made by the gister OF the Taxing DIstr q
trustee the ne may TO thu District, from the
cate OF said license w 10 the time said trai is
made, and all license Tor which specific sums are
charged and not Issued upon giving bona, anu Iray
be transferred by sad register OF the Taxing
without the rendition OF an account The fee fer
transfer shall be ID eaen case Two dollars (S2i Tor
use OF the District, for said transfer.
sec. q. Be JtheF enacted, That no license which
may be issued shall embrace or authorize more than
one business pursuit or aYOcdtiOn, ana all prison
desiring 10 pursue OF carry on more than one ursut
OF aSoeatlon shall take Out separa.e ana distinct
license tcr each pursuit and pay the full tax reQuir
Dy law Tor each one Zach and every person obtain
i'lS lice Sc shall, when called upon by police Of
ucer. exhibit tie same 10 him. and on failure 10 do
SO sh II be fined IN not less than So more
Sec 10. BE IL lTfier ,llGcisf. That each and every
person eXec sing cf the bTduches OF business or
paid the tax thereon having btaneCi Ire license
required 10 be taken Oi shat Dc guilty Of misde
netttof ana upon ARE ana conviction thereon b.
fore the OJard OF police and te comm ssioners shall
be fined for each separate OteIse NOT less than 81
nor more than $50.
sec II. Be further enacted That all revenue arts
Ing from assessments on real aBd personal property
privileges ana polls levied on acc unit of public
schools or public education IN the Taxing District
shall be for the use aud benefit of the public schools
of the Taxing District when the tax is collected
II shall be paid over We KY 10 the treasurer 81 the
board OF education otthe Taxing District.
Sec. -. Be 70 JSrtAsT eHaceT That after the pas
sage OF this act two thirds OF the revenue received
from collections Oh assessments on real and person.
al merchants capital- and privileges levied fol-
county and Taxing District purposes, and sat apart
In this act, ia the act TO when this act is an
amendment, Tor repairs and paving OF streets ana
oiIgeS construction OF sewers, drains, and sanitHy
purposes set apart by the county court for county
purposes, and not levied and collected in payment
OF Judgment or Interest tax snail be cXpenued #
county revenue in The civil dstr CT In which it has
been collected. and II Taxing District revenue, II
shall be eXpend d in the territory formerly embraced
In the wards 81 the 5Xtnct cooperation from which
II has been collected. but this yrOYiSO shall net be
construed 10 be In conflict with the authority given
TaXHg-Distiict commissioners 10 use the privilege
In payment of deficiencies to firemen. police
men, and hospital purposes PrOUiied. That as an
Involvement, and Tor the purpose Of procuring recess
sary Investments or capital with skilled labor I'm the
TdXDg-DistsictS, all capital invested In bulldogs
machinery and materials for the purpose or manu-
featuring shall b5 exemp5 from al taxation iron
the date of Investment the periOd of ten years
Sse ~ - II f,fbeJ- s,cf5 rbat III acs ~ m rts
of acts inconsistent with the provisions OF this act
be and the same are hereby repealed.
Sec. a. Be Il further e1aced Thst This &C. shall
take effect Tom and after its passage, tbs public
welfare requiring it.
Passed March IL. 1879 H. P. FOWLKES,
Speaker Of the House of Representatives.
j. r. NEAL.
Speaker OF the Senate.
Approved March ID. 1879.
ALBERT 5. MARKS, Governor.
Charles n. Gibbs. Secretary Of State Of the State
OF act OF the general as. emily of the state oi
Tennessee, the original OF which is file In TINS Of