The Cambria freeman. [volume] (Ebensburg, Pa.) 1867-1938, 1885-11-20

a r Y.atSR supqtomsnt n an act eokttIAd An
rrCvids rAVsnue ~ taxatto1 approved
EsTsoth q June. one thousand eight han
- sd s-venty-ntne.


STION l. b 10 enacted. That all
ysges, money owing by solvent
,rs, whether hy prnmIss0ry note or
i or siuRll bil', bond or Judgment.
ali articles ~ agreement and ac-
G. nts bearing interest owned or pos
sed bC any parsNn or persons whatso-
e. r. except notes Or bills for work or
aF Or done. and all obligations given tn
ks for money }oauPd and bank notes
81 al public loan or stocks whatso-
s-t, except those issued bv this Com.
wealth OF the United States. and
money iOsUPd or irves.sd in anv
81 State aud al O h-r mNnpysd can't
O. in the hands o. individual citizen.
% he State. shall I've and are hereby
liable for state purposes at the rate Of
three mills on the dollar ~ tha valne
the rest annually. Prorids1 That the
A. me shall after the p4ssape NJ thss act
Be exempt from All taxrtInn rx,ppt for
State purposes: Prorided. The prnyi.
sions NJ this act shlE not apply 10 build
Ing and loan assoeiatinns.
YEC. 2. All shares If stock In anv
bank. banking or saving INSTITUTION N
Company. safe, daposir. guarantee. OF
trust company now OF hereafter ineor-
p1ratsd by or in pursuance Of anv law
OF this Common wealth OF NJ the limited
States. shall be and are hereby made
taxable for State purposes at the rate Of
three mills on the dollar or the value
thereof annually.
SEC. g. In case any hank or savings
institution, safe. dsDosi,. Qusrautee
surety and rsal-psfata title Ins,trarca
or trust company Incorporated nv this
State under he laws Of any nfher S,ate
or the United States. shall elect To- col.
Iect annually from the shareholders
thereof a tax Of six-tenths of one per
centum upon the par value of all the
shares o. said bank or savings instifn-
tion, aud pay he same INTO the State
Treasury On OF before the first dav Of
March IN each year, the shares and 40
much Of the capital and profits of sueb
bank as shall not be invested In real es-
state, shall be eXemot from all o,hsr
taxation under the laws of this Com
monwealth.
SEC. 4. That hereafter 1t shall be
the duty OF the treasurer Of each pri-
Fate corportioh, incorporated nv or
under the laws of this Common wealth
or The laws Of any other State or nf the
United States and doing hnsinpss in
this Commonwealth. upon the payment
OF anv inter's' or any scrip boud. or
Certificate OF Indebtedness issueh I,v
said corportiou - residents Of this Com
monVeaith aud held hy them to assess
The tax imposed and provided TOR State
purposes upon the nominal value Of each
and every said evidence of dent and to re-
port on oath annually on th- first Mon
day ~ November % IN. Auditor Grp-
eral 'hr amount OF indebtedness a. the
c"ruurtiuu owned by r-sid.nrs OF this
CON munwss tn as n-ar'y as the SAINT.
can hr ss-er' aiu'd. ard IL shall hr his
iuN her du'y o =. duct three mills on
evrrr dtliar OF tL- inser,s- paid as
s'uTs id. auG return The strn.. into the
Stat Treasury wi.mu ff ZEN davs a't,r
the thir'y 'y-frs, day in D-r-uIhtr.,f each
year. and bt- ...,u.p- -,.-..,i.,,. f,,, t,i- -
VIczs sLaIr h.. tI,.. -..,,...,F...r ,t,, Il
ba-ruaff lr.,-rr..rs r.......,,.. s,.- .....f,...
services and tor ,vs rs failure. fo assess
and g.y said .sy ard r..ta r.,...r, 49,.
aforesaid. 20. AuIf.ar & u-r.l snail
al lru Tr-r .--,,furu * .. r,....r., ,,, IA.
su lut 15 rl.-- rav Pc. .s... r..... 90, I'D
Oy . carpt-. ~ e ri.
II Ge-. or 90 t.. ... ug ird,.nr,d
ur,s issued uy f..- rv.rnrr fr,u
other taxation F.. lf-. -,str,a- Of the. hold
ers nI tHe ssus.
SIC 4..- Il 30. t.,.- ..s go.
prztfda-t......
ssyifr-s .-,...... ST.. Il al, -
huIee -.rr,.rt. ID r4.i -.,s.4 tit,s ~
surancr or Irus c-ut.,rv ircu,p,r-t..,
uudrr the laws "f this Commonwealth
or any o. hrr 2. or of the Unite
States and duing business 10 this Cum
munweai-h. failing 10 pay in the six
mill tax az aforesaid. 70 make report i
writing to the Audi-nr General on @
before the twentiih day VI Jure in FAC
year. stating specifically ,he amount {
capital stock. and the amount paid
full and complete list of the sHart + O {
eTs Of such bank or savings institution
with their Residence aud number a
par value of shares If stock held hy eac