Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1902-03-08
OFFICIAL.
LAW IMPOSING TAXES ON PERSONS. &C.

VI
An Ordinance for Imposing and Collecting
Tares on Persons, Property, Income, &c. seithin
the Citu of Alexandria, Va, for the Year
Commencing on the LIST June, 1902, and
Epding on the 31st May 1908.
Bsn ordained By the City Council Of Aler-
andria. In the manner following, that is to
saw: The annual taxes on persons, property,
income, &C., for the fiscal year commencing
ON the LIST of June, 1902. and ending on the
31st of May, 1903, 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 $50
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 annuiEies or rent charges In fee
| simple charged upon or issuing out Of any
tenement or lot Of ground, one dollar and
ninety cents upon every one hundred dollars
| Of their assessed value; and in making the
assessment of such lands they shall be
valued ct lsixteen (16) times their annual
| amount.
| On every male inhabitant of this city over
l the age of twenty-one years, and under the
age of seventy years, there shall be levied
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.
II IL IL L., ko..I L..
association, or water company doing bust
ness in this city, whether resident or nom
resident thereof, shall be assessed and taxed
on fne 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 assocs-
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,
aad it shall be the duty of said bank, bank
ing association. OF 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 may be deduct
ed from the next succeeding dividend,
l payable py Iuo odlu Ddukt DduhluB hooO-
citation or water company to the owners OF
the said shares of stock, and like tax shall
be levied upon sl joint stock companies pay
ing cash dividends.
Upon all bills paid in full by the LIST day
Of July, 1902, the Collector of Taxes shall
allow discount of ten per cent, and on all
bills paid by the LIST day Of September, 1902
be shall allow discount of five per cent,
snd on all bills not paid on the LIST day Of
December, 1902, there shall be assessed and
collected a penalty Of five per cent. upor
the amount of said bills, and on all bill
remaining unpaid on the LIST day of June
1908, damages at the rate Of six per centun
per annum shall be paid.
, This act shall be force from its passage.
Passed Common Council Feb. %, 1902.
+. J. PAFF President
Passed Board Of Aldermen Feb. %, 1902
J.R. N. CURTIN. President pro tenn.
Approved March. 8. 1902.
GEO. L. SIMPSON, Mayor.
, Teste: d. Z. sTANsBURY, Clerk G. O.