Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1885-06-09
LAW IMPOSING TAXES ON PERSON s, &c.

An Ordinance for Imposing and Collecting Iares on
Persons, Property Income, etc, ,cithm the City Of
alexandria, Va. for The Year Commencing on Isl
gune, 1885, and Ending on the 31St May 1886.
Be it ordained by the City Council Of Alexandria,
In the manner following. that is to say: The an
| nual taxes on PERSONS property, income, &c. for
the fiscal year commencing on the LIST of June,
1885, and ending on the 31st Of May, 1886, shall
be levied and collected at the following rates:
Upon all property, both real and personal, of
every kind and description owned or held by citi.
zens OF Alexandria, or located within the city O!
Alexandria, or subject to taxation under the con.
stitution and laws of this State, there shall he
levied tax of POO cents on every hundred dol
lars of the assessed value thereof.
Prorided, That the machinery and capital EN-
ployed by manufactures III said city shall be cx
empt from taxation.
On all ground rents where the lands are unim
proved the tax shall be on the assessed value of
the land; where the lands are improved the tax
shall be on the income of the ground rents, and
on the improvements separately.
On every male inhabitant of this city over tho
age of twenty lone years. and under the ago of
seventy years, there shall be levied captation
tax of fifty cents.
The assessed value OF shares of bank stock for
city taxes shall be the market value thereof. a.
they are or shall be assessed for State taxation,
and shall be so returned by tho Commissioner of
the Revenue on the assessment books Of the city.
The stockholders in any bank or banking asso-
citation doing business in this city, whether resi-
dent resident thereof shall be assessed and
taxed on tho market value of their shares of
stock therein ut the rate Of 200 cents per hum
dred dollars upon the markeS value of each share
of stock. The said commissioner shall notify
each bank or banking association of the assess
mcnt of the shares thereof to every holder there
Of. resident or nonresident, with the amount of
tax thereon, to be paid by such holder and it
shall be the duty of said bank or banking associa.
tions or the cashier or treasurer thereof to pay
the full amount Of all such taxes 10 the collector
of the district in which such bank or banking as
socatiou may be located, which taxes SO paid may
be deducted from the next succeeding dividend,
payable by the said banks or banking associations
to the owners Of the said shares Of stock.
Upon all bills paid in full by the LIST day Of Jl.-
IL, 1885, the Collectors of Taxes shall allow Il
discount Of ten per cent. ard all bills paid by
tie ] st day of October, 1885, they shall allow a
discount of FIVE cent, sud all bills not
paid on the LIST day of October, 1885, there shall
be assessed and collected penalty of five per
cent. upon the amount of said bills and on all
bills remaining unpaid on the LIST day Of June
1886, damages at the rate of six per centum per
annum shall be paid.
This act shall he in force from its passage.
Passed Board of Aldermen May 20, 1885.
E. F. BOWMAN, President.
Passed Common Council May %, 1885.
JAS S. DOUGLAS President
Approved June q, 1885.
j. r. BECKHAM, Mayor.
Tcstc: JAMES K. CATION. Clerk c. G..