Pocahontas star herald., 1912-06-21

b. Ihe Naiue OF all credits as defined
! in paragraph 13. section 5, hereof be-
: longing to said business.
I I. 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.
2. 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.
! o. All ltdl toldNt dl llb dSStSStu
valuation.
3. The amount of all current deposits
, 10. The amount or all 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 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:
l. The number of mules, horses and
asses of all ages and the value thereof.
2. The number of cattle of all ages
and the value thereof
8. The number of sheep and number
of goats of all ages and the value
p thereof
4. The number of hogs of all ages
and the value thereof
5. The number of vehicles, including
/. wagons, carts, carriages buggies, bicy-
cles, motorcycles, automobiles or other
vehicles of whatsoever kind and the
]
6. The number of watches and the
value thereof.
Z. The number of pianos and organs
2 and the value thereof
s. The value of gold, silver plated
and cut-glass ware.
3. The value of diamonds and
jewelry.
10. The value of every annuity, roy
atty and patent right.
II. The value of every steamboat
sailing vessel, wharf boat, barge OF
other watercraft
II. The amount OF money on hand
or on deposit in any bank or with any
person in or out of this State.
2 13. The amount of credits, including
book accounts, notes and claims of every
kind as provided by paragraph 1S, Sec
tion s. of this Act
Il. 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.
16. The value of improvements. in.
cluding warehouses, oil tanks and eat
p ing houses, not owned by railroad OF
, other company, but on the lands the
) title of which is vested in such com
pany.
II. The value of all improvements
on lands, the fee of which is still in
: the United States.
/ IS. The value of all articles of per
sonal property not included in the pre-
ceding items.
Section 90 Every Incorporated bank
through it's president, cashier, principal
manager or principal accountant, shal
make and file with the assessor 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 ol
otherwise, or in anywise procured OF
furnished, to be employed in the bank
ing business.
2. The amount of surplus and undi
vided profits arising from the business
7 and belonging to the bank, whether in
} it's possession or under its control, OF
D loaned or otherwise invested for its
benefit
3. The value of all fixtures, furni.
! ture or other property that has beer
: 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.
S The sum of the first, second anC
third items less the fourth shall bt
deemed to represent the personal prop
? erty of the bank employed in the
! banking business for the current yeai
by such bank. Said sum shall be taker
S as basis for assessing the shares OF
] stock of said bank.
e Section 23. The total value of the
property of the bank employed in the
e banking business as determined by ap-
e plying the rule laid down in section q
r hereof, shall be taken 10 represent the
total value of all shares of stock OF
1 said bank. The returns required to b,
made under section 22 hereof shall be
{ made by the person required to make
it for and on behalf of the stockholders
) of the bank The Assessment Shall be
r 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
] shall be paid by the bank and it may re-
, cover from the owner or owners OF
2 such shares the amount of taxes paid
or deduct the same from any dividends
r accruing on said shares. The amount
! of taxes paid by any bank on shares OF
Y stock as herein provided shall be a firs
lien on such shares, and shall be paiC
I before a transfer of such shares OF
! stock can be made.
Section a. Every person, associa
tion of persons, company or corporation
1 whether authorized by law to issu,
notes for circulation or not, that shal
~ keep an office, counting house or othe1
!, place for the transaction of business il
this State, and shall discount buy sci
, or exchange notes bonds, stocks, certi
! ficates of public debt, claims or demand,
with a view TO profit shall be deemed
to be bank within the meaning of thi!
Act
In assessing the shares of stock OF
any bank, State or National as hereir