The Sentinel=record., 1912-06-20


 and the value thereof.
 B. The number of vehicles, including wagons. carts. carriages. buggies bicy- cles, motorcycles, automobiles Or other vehicles of whatsoever kind and the value thereof.
 6. The number of watches and the value thereof.
 '. The number of pianos and organs and the value thereof.
 s. The value of gold, silver, plated, and cut-glass ware.
 g. The value of diamonds and jewelry.
 alty and patent right.
 II. The value of every steamboat. sailing vessel. wharf boat. barge or other watercraft.
 12. The amount of money on hand or on deposit in any bank or with any person in or out of this State.
 13. The amount Of credits including book accounts. notes and claims of every kind as provided by paragraph 13, sec ton 5, of this Act.
 IA. The amount and value of bonds of every kind whether secured by mort gage on property or issued by corpora tions or persons. in or out of this State
 IS. The value of furniture. fixtures appliances and apparatus used in the conduct of business in eating houses pool and billiard rooms barber shops ten pin alleys, bowling alleys. moving picture shows, theaters and similar places.
 Is. The value of improvements in- cluding warehouses oil tanks and eat ing houses. not owned by railroad or other company, but on the lands the title of which is vested in such com pany
 IT. The value of all improvements on lands the fee of which is still in the United States.
 1S The value of all articles of per sonal property not included in the pre- cedinE items.
 Section 22 Every incorporated bank, through it's president, cashier, principal manager or. principal accountant, shall make and file with the assessor a state ment setting forth:
 l. The amount of capital. whether divided into shares or not, actually paid in, or secured to be paid in. by note or otherwise. or in anywise procured or furnished to be employed in the bank ing business
 2. The amount of surplus and undi- vided profits arising from the business and belonging to the bank whether in its possession or under it's control or loaned or otherwise invested for its benefit.
 3. The value of all fixtures furni- tufe or other property that has been charged off to profit and loss account,
 4. The value of any real estate own cd by the bank as same has been as- sessed for taxation.
 The sum of the first seccMd and third items less the fourth shall he deemed to represent the personal prop erty of the bank employed in the banking business for the current year by such bank. Said sum shall be taken as basis for assessing the shares of stock of said bank
 Section 23. The total value of inc property of the bank employed in the banking business as determined bv an plying the rule laid down in section 22 nereof, shall be taken to represent the total value of all shares of stock of saiu pahk. The returns required to be made under section 22 hereof shaII he made, by the person reuuired to mnise lt TOT and on behalf of the stockholders or the banx. The assessrnent shaII he lnaue against the bank in the aggre- gate as agent for the holders of inc snares of stock. The taxes assessad against the shares of stock so listed snail be paid by the bank, and if may re soesi .,s rom the owner or owners of sucn shares the amount of taxes maid or deduct the same from any dividends aceruing on said shares The amount oi taxes paid by any bank on shares of saa,. 1tock as herein provided shall be a first ilen on such shares. and shall be maid pe1ore transfer of such shares of stock can be made
 section 24. Every person. axsoct. s.Sa. aIn SL persons, company or corporation. whether authorized by law fo issue notes for circulation or not. thai sbaiI. hsep an Office- counting house or other place tla Tor the transaction of business in Spl or eNchange notes, bonds, stocks certi- lcates of public debt claims or den,ansis With view to profit shall be deemed to De bank within the meaning of this
 In assessing the shares of stock of any bank State or National. as herein provided, no credit. allowance or de uuctlon or any kind shall be made by reason or the fact that any part of the capital, surplus or undivided nrofits of such institutions is invested in Tinted states bonds, or other non-t taxable se o'rl'les or securities otherwise taxed.
 Seciion 70. Every association or cor pofation organized under the laws of this tate and doing business therein ana engagsS in life. fire. live stock. acci- nens nen or otner kind of insurance busi- ness or any kind of security. guaranty. bonding .or indemnity business. or in any kind of investment, loan or trust business business shall assess for taxation as
 The president, secretary or nripc,n., accounting officer or other renresan- tatlve shall make and file with ina ss- sessor sworn statement wherein shall pc distinctly set forth:
 l. The number of shares or canitai otoen os a eutstanding and the face value
 The total capital stock paid in or secured ,',sd to be paid in by note or other
 S The surplus ard undivided nrofi,s oeionglng to the company ne market value. and if m mar ns as' value, the actual value of each share
 5. The aggregate vaiua of ,, of stock ol aii shares
 D. The assessed value of any raa, a. .ate mat may be owned by tbe con,- pamy, association or corporation n ne sixtn Item shall be dedueted fro.x, Ae Ilfth Item and the remafnday .baIi ss eaAen as basis for assessing the Shares ares or stock of said company |, The assessment shall be made avafr,. .t .us company, association or cornora tion as the agent of it's share-boI1avs that is to say the tax shall he assaso, e.s, against the shares of stock and nnt aeAihst the capital stock or pronart,, Delonglng to the corporation v
 Tn reckoning the assessabIe vaIua os sucn shares of stock no allowance shati pc given for any United States honds or other non-taxahle securities or sor any stocks or bonds owned by the coyn psny, ana which may be otherwise tax eu- For purposes of taxation it ts the purpose of this section tn r,,, hlze the shares of stock in the corno- ration as the property to be taxed and to require the officers of the cornora tons to assess same for the owners . section 26 Any company associs- tion or corporation paying a tax on snares of stock as provided fin section 70 may deduct the amount of taxes so paiq rom any dividend accruing on
 Section s7 Shares of stock of hriid- ing and loan associations shall be as- seSSed at their true and fun value in money. The president, secretary. cash Ter or principal managing officer of the company or Association shall make a return to the assessor wherein shall be