Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1901-03-29
Tho Markets.
Georgetown, Mar. 29.-Whest 6Sa75.
OFFICIAL.
LAW IMPOSING TAXES ON PERSONS. &C

an Ordinance for Imposing and Collecting
Taxes on Persons, Property, Income, DC, u;thin
the City Of Alexandria, Va, for ne Year
Commencing on the LIST June, 1901. and
Ending on The 31st May, 1902.
Be Il ordained BY the City Council of Alex-
dadrid, In the msnner following, that is to
say: The annual taxes ON persons, property,
income, &C., for the fiscal year commencing
ON the LIST of June, 1901, and ending on the
31st of May, 1902, shall be levied and col
lected at the following rates
Upon all property, both real and person
al, of every kind and description owned or
held by citizens Of Alexandria, or located
within the city OF Alexandria, or subject to
taxation under the constitution and laws of
this State, there shall be levied tax of II 80
cents ON every hundred dollars of the as
sessed value thereof.
Provided, That the machinery and capital
employed by manufactures in said city shall
be exempt from taxation.
On all snnuities or reut charges In fee
simple charged upon or issuing out of any
tenement or lot OF ground, one dollar and
ninety cents spon every one huadred dollars
of their assessed vaHe; and IN making the
assessment Of such lands they shsll be
valued az twelve times t6eIr sDOual Amount
On every male inhabitant of This city over
the age Of twenty-one years, and under the
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. or wafer company doing BUSH
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 Der
hundred dollars upon the market value of
each share OF stock. The said commissioner
shall notify each bank, banking associa-
ton, or waCer 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,
aad IL 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 so paid NAV be deduct
ed from the next succeeding dividend,
payable by the said bank banking asso-
citation or water compsny to the owners Of
the said shares Of stock, ADD Ike lax stall
be levied upon AL joint ock Companies pay
ing sh dividenf o.
Upon all bills paid in full by the LIST day
OF July, 1901, the Collector of Taxes shall
allow discount OF ten per cent, and on all
bills paid by the LIST day Of September, 1901,
be shall allow discount Of five per cent,
snd on all bills not paid on the LIST day Of
December, 1901, there shall be assessed and
collected q penalty Of five per cent. upon
the amount of said bills, and On all bills
remaining unpaid on tho 1st day of June,
1902, damages at the rate Of six per centum
per snnum shall be paid.
This act shall be In force from Its passage.
Passed Common Council March 26tb. 1901.
HUBERT SN0WDEN, PRECEDENT.
Passed Board Of Aldermen March 28. 1901.
X. N. CUR1I :. President pro tenn.
Approved March 20 1901.
GEO. L. SIMPSON, Mayor.
Teste: DANIEL Z. STANsBURY. Clerk &C.