Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1907-02-22


men., ieyy aud coiIecsion of Taxes
Upoa capital or money invea'e3 q
tmgsosed N Banks or CorpOrasIoas
located within and dong business u
tns c y Ct Americas, and - feq 7Re
snrsal esta and personal proper y
IN hs city IF AuaefIens he'd or ozGsd
bg sLy talk or corporation, 10 be
Re ur4ed for tsxsti3n sepsra eIy
Whistles the value taerecf Is r. prssen-
ted IN the market value Of Its shares
or Eos, aid 10 tax the snpIus aGd un-
divided profits Of sach Bank o. Or
pora'iop. ard for OIL er purposes.
Sec I Be- i, enacted and erdaire d
b. he Mayor AID City Couueil of
An ricu~, ard II - hereby crdalned By
authority cf re fsmF, bat from spd
AFR fbs pssEags Of thls Ordinsuce 10
tsxes bal Or assessed upon tie capital
Of any tank or corporation located IN
the e,tf Of a mtricas, but the shares tf
The stoekboIders Of such bsuk or
Corporation aheshsr rssidsot or non
rssidenr owners, srd its 81 plus aud
undivided profits, sball BE- taxed By tbe
Mayor snd Cry Council Of Auericus
At their true and IA nsrkst .lus, .
TIE same rate - PROV ded by annual
ordinance If fsxss1ou + esp al il the
bands If private indIE duais.
See 2. b Il farther enacted AID
ordained ~ The authority aforesaid
that the President # any Bark on
corp ration Iocss ed within or doing
business II the city f A4sals7P, sh Al ,
on tie FIRST dsy Of April + each year,
or as soon thereafter ss practicable, file
with the Clerk & Treasurer Of ssid city
list of all the shareholders Ia ssid
bank OF corporation, sworn b b. lin,
and shoEiIg be number of shares held
By eseh on the frss day Of April Of that
year, the address of each, The true and
full market value of the s'ock, and the
amount Of surpIus and undivided pro
f.s cf eaid bank or corporation on said
date.
Sec. 3 Be it further eDscted and
ordained By the sushol = aforefaid
that all real estate and personal pro-
perty in the City of Ameticus, held
or owned by any Bank or corporation
located within OF doing business il ssid
city, shall be by snch bank or corpora
tion returned for taxation TO the CLARK
& Treasurer of said city, separately
whether the value fhe.eof is repre-.
scented in the market value Of ils shares
or not; and II shall sIso return the
surplus and undivided profits of said
bank or corporation when same are
not included in the make. vslue cf ifs
shsie3
Sec 4. Be 1t further enacted az d
ordained By the authority sfore-
said that it shall be and it is hereby
made the duty of the Clerk & Tfeasur-
er of said City TO receive and list
separately, ard not otherwise, all real
estate and personal properiy in the
city Of Americas held or ownsd by any
bank or corporation located within on
doing business in said city. Whistler
the value thereof is represented in the
market value of its shaFes or not. and
also the surplus and undivided profts
of said bank or corporation when sam
are not IL eluded in the market value q
its shares
See. 5, Be it further enacted ard
ordained by the authority aforesaid
that in any such returns of real estate
or personal property IN the city oi
AmerIcuF, held or owned by any such
bank Of corporation where such bank
or corporation shall make it appear
that the value Of such real estate OF
personal property is represented in
the market value of its shares, said
real estate or personal property shall
| nevertheless be returned separately by
such bank or corporation as hereinbe-
fore, in this Ordnance, provided, but
1ch bank or corporation shall be
entitled to and receive credit for tbe
returned value of such real estate or
ersonal property upon the returns of
is shares of stock at the market value
thereof, and such last named return S
reduced the amount OF the returned
vaIue of such real state.
Sec. 9 Be it further enacted and
. ordained by the authority aforesaid
that all ordinances and parts of ordin-
anees in conflict with this ordinance be
and the came are hereby repealed.
Adopted Feb. z, 1907
T. n. HAWKES., G. & Tr.