Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1891-05-29
OFFICIAL.
LAW IMPOSING TAXES ON PERSONS, &c

IN Ordinance for Imposing and Collecting 1dres on
Persons, Property, Income, etc. tcithin the City o.
Alexandria, Va. for the Year Commencing on Isl
june, 1891, aud Ending OH the 31st May, 1892.
BE il 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,
1891. and ending on the 3 LIST of May, 1892, 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 of
Alexandria, or subject to taxation under the con-
stitution and laws of this State, there shall be
levied tax of 200 cents on every hundred dol
lars of the assessed value thereof.
PrOrided That the machinery and capital en-
ployed by manufactures in said city shall be ex-
empt from taxation.
On all annuities or rent charges in fee simple
charged upon or issuiDg out Of any tenement or
lot of ground, two dollars upon every one hum
dred dollars of their assessed value and in max
ing the assessment of such lands they shall be
valued at twelve times their annual amount.
On every male inhabitant of this city over the
ago of twenty lone years, and under the age Of
seventy years, there shall be levied 8 captation
tax Of fifty cents.
The assessed value of shares of bank stock for
city taxes shall be the market value thereof, as
they are or shall be assessed for State taxation,
and shall be so returned by the Commissioner of
Revenue on the assessment books of the city.
The stockholders in any bank, banking as
ISOLATION, or water company doing business in
this city, whether resident or nonresident there
of shall be assessed and taxed on the market
value OF their shares of stock therein at the
rate of 200 cents per hundred dollars upon the
market value Of each share of stock. The said
commissioner shall notify each bank, banking
association, or water company of the assessment
of the shares thereof to every holder thereof,
ident or nonresident, with the amount of tax
thereon, to be paid by such holder, and 1t shall
be the duty of said bank, banking association
water company, or the Cashier or treasurer
thereof to pay tho full amount Of all such taxes
TO the collector Of the district in which such
bank banking association, or water company
may be located, which taxes so paid may be de-
Quoted from the next succeeding dividend, pay
able by the said banks or banking associations or
water company to the owners of the said shares of
stock, and like tax shall be levied upon ail joint
S ock companies payoe cvsh DIVIDENDS.
Upon all bills paid in full by the 10th day of
July, 1891, the Collectors of Taxes shall allow
discount of ten per cent, and on all bills paid by
the 10th day Of September, 1891 they shall allow
discount of five per cent, and on all bills not
paid on the LIST day of December 1891, there shall
cent upon the amount of said bills, and on all
bills remaining unpaid on the LIST day OF Juno,
1892, damages at the rate Of six per centum per
annum shall be paid
This act shall be in force from its passage
Passed Common Council May 26, 1891.
JOHN T. SWEENEY, President.
Passed Board of Aldermen May Is, 1891.
w. H. MARBURY, President
Approved May %, 1891.
E. E. DOWNHAM, Mayor.
Toste. JNo. T. JOHNSON, Clerk c. c.