Pocahontas star herald., 1912-06-07

8. The value of all credits as defined
in paragraph 10, section s, hereof, be-
longing to said business.
Z. The value of all other personal
property not falling under one of the
above heads employed in said business.
Section 20. The accounting officer of
every bank, whose capital is not repre-
sented by shares of stock and every
broker and stock jobber shall make a
sworn statement in which he shall set
forth:
l, The amount Of money on hand or
in transit
.. The amount of funds in the hands
of other banks, brokers or others, sub
ject to draft
3, The amount of checks. or cash
items. not included in either of the
preceding items.
4, The amount of bills receivable
discounted or purchased, and other
credits due or to become due, including
accounts receivable and interest accrued
but not due and interest due and not
paid
5. The amount Of bonds and stocks
of every kind and shares of capital stock
of joint stock companies or corpora
tionS held as an investment, or in any
way representing assets.
6. The value of all office fixtures
furniture, safes and vaults.
Z. All other property pertaining to
said business.
s. All real estate at its assessed
valuation.
g. The amount of all current deposits
10. The amount or ali accounts pay
able other than current deposits.
The sum of the first. second, third.
fourth, fifth, sixth, and seventh items
less the sum Of the eighth, ninth and
tenth items shall be deemed to be the
amount of capital employed in the bank
ing or brokerage business as the case
may be, and shall be entered in the
column in the assessors personal book
under the heading, Money Invested as
Banker of Broker"
Section 81 Each person required to
list property shall make out and deliver
to the assessor a statement of all per-
sonal property required 10 be listed by
him. Said statement. which shall not
include any property included in a
special list shall distinctly set forth:
/. The number of mules, horses and
asses of all ages and the value thereof.
n Q The number of cattle of all ages
and the value thereof.
3. The number of sheep and number
of goats of all ages and the value
thereof.
A. The number of hogs of all ages
and the value thereof.
s. The number of vehicles. including
cles, motorcycles, automobiles or other
vehicles of whatsoever Kind and the
value thereof.
6. The number of watches and the
value thereof.
T. The number of pianos and organs
and the value thereof.
g. The value of gold, silver, plated,
8. The value of diamonds and
jewelry
TO- The value of every annuity, roy
atty and patent right.
H. 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
10. The amount of credits including
book accounts, notes and claims of every
kind as provided by paragraph 13, sec
tion 5, of this Act.
a. The amount and value of bonds
of every kind whether secured by mort
gage on property or issued by corpora
tiops 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
GLIDING 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.
H. The value of all improvements
on lands the fee of which is still in
IS. The value of all articles of per-
sonal property not included in the pre-
ceding items.
Section 22. Every incorporated bank,
through its president, cashier, principal
manager or principal accountant shall
make and file with the assessor a state
ment setting forth:
/. 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 its control, or
loaned or otherwise invested for it's
benefit
3. The value of all fixtures. furni-
ture or other property that has been
charged off to profit and loss account.
4. The value of any real estate own
ed by. the bank as same has been as
sessed for taxation
The sum of the first, second and
third items less the fourth shall be
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 the
property of the bank employed in the
banking business as determined by ap-
plying the rule laid down in section 22
hefeot, shall be taken 10 represent the
total value of all shares of stock of
said bank. The returns required to be
made under section 22 hereof shall be
made by the person required to make
II for and on behalf of the stockholders
or the bank. The assessment shall be
made against the bank in the aggre-
gate as agent for the holders of the
shares of stock. The taxes assessed
against the shares of stock so listed
snail be paid by the bank, and IL NAV re-
cover from the owner or owners of
such shares the amount of taxes paid,
or deduct the same from any dividends
accruing on said shares. The amount
of taxes paid by any bank on shares of
STOCK as herein provided shall be a first
lien on such shares. and shall be paid
before transfer of such shares of
stock can be made.
Section "a. Every person associa-
tion of persons, company or corporation.
whether authorized by law to issue
notes for circulation or not, that shall
keep an office, counting house, or other
place for the transaction of business i'm
this state and shall discount buy. sell
or exchange notes, bonds. stocks. certi-
ficates of public debt, claims or demands
with a view to profit shall be deemed
to be bank within the meaning of this
Act
In assessing the shares OF stock of
any bank State or National, as herein
provided, no credit allowance or de-