Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1896-05-15
OFFICIAL.
LAW IMPOSING TAXES ON PERSONS, &C.

LAW IMPOSING TAXES ON PERSONS, &C.
An Ordinance for Imposing and Collecting
Tares on Persons, Property, Income, ETC., iO;thin
the City Of Alexandria, Ec.. ior The Year
Commencing on the 1St Of June, 1896, and
Ending on tie 31St Of May, 1897.
Be it ordained by the City Council of Aler-
andriG, In the manner following, that is to
say: The annual taxes on persons, property,
income, &c. for the fiscal year commencing
on the 1st of June, 1896. and ending on the
31st Of May, 1897, shall be levied and col.
lected at the following rates:
Upon all property; bosh real and person
al, of ever kind aud description owned or
held by citizens of Alexandria, or located
within the city Of Alexandria, er subject to
taxation under the constitution and laws 1T
this State, there shall be levied ir- of1 oo
cents ON every hundred So" ,o-o of ~ tha , os
sessod value thur 'iiAiS u 'n' DO
'''. .-.,u, That the machinery and capital
employed by manufactures in said city shall
be exempt from taxation.
On all annuities or rent charges in fee
simple charged upon or issuing out of any
tenement or lot Of ground, 100 cents
apoD every one hundred dollars of their
assessed value; and in making the ASSESS
ment Of such lands they shall be valued at
twelve times their annual amount.
On every male inhabitant of this city over
the age of twenty-one years, and under tho
age Of seventy years, there shall be levied
a capitation 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 assess
ment books of the city.
The stockholders in any bank, banking
association, OK water company doing bust
ness in this city, whether resident or non
resident thereof, shall be assessed and taxed
on the market value of their shares of
stock therein at the rate of 100 cents per
hundred dollars upon the market value of
each share Of stock. The said commissioner
shall notify each bank, banking associa-
ton, or water company of the assessment
of the shares thereof, to every holder thereof,
resident or nonresident, with the amount
of tax thereon, to be paid by such holder,
and it shall be the duty of said bank, bank.
ing association, or water company, or the
cashier or treasurer thereof, to pay the full
amount of such taxes 10 the collector
of the district in which such bank, banking
association, or water company may be located,
which taxes 80 paid may be deduct
ed from the next succeeding dividend,
payable by the said bank or banking asso-
citation or water company to the owners OF
the said shsrea Of stock, and ike tax shall
be levied upon al joint stock companies pay
ing ssh dividends.
Upon all bills paid in full by the LIST day
OF July, 1896, the Collector of Taxes shall
allow discount of ten per cent, and on all
bills paid by the LIST day of September, 1896
heshall allow discount of FIVE per cent,
and on all bills not paid on the LIST day OF
December, 1896, 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
1897, damages at the rate Of six per centun
per annum shall be paid.
This act shall be in force from its passage
Passed Common Council, May ID, 1896.
L. E. UHLER, President pro tenn.
Passed Board of Aldermen Msy u, 1896
W. d. MARBURY, President.
Approved May IA, 1896.
L. 81. THOMPSON, Mayor,
Teste: JNo. T. JOHNSON, Clerk c. c.