The Nevada County picayune. (Prescott, Ark.) 190?-current, 1912-06-21

y, Il,
longing to said business. -.
]. The value of all other personal
property not falling under one of the
above heads employed in said business
every bank, whose capital is not repre-
scented by shares of stock and every
broker and stock jobber shall make a
sworn statement In which he shall set
forth:
1. The amount of money on hand or
in transit
q 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
tons held as an investment. or in any
way representing assets
6. The value of all Office fixtures
furniture, safes and vaults.
T. All other property pertaining to
said business.
s. All real estate at its assessed
valuation.
g. The amount of all current deposits
TO- The amount OF 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
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 TO be listed by
him Said statement. which shall not
include any property included in
special list shall distinctly set forth:
/. The number of mules, horses and
asses of all ages and the value thereof.
g 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.
5. The number of vehicles, including
wagons, carts, carriages. buggies bicy-
Giles, motorcycles, automobiles or other
vehicles of whatsoever kind and the
value thereof.
s. The number of watches and the
value thereof.
I. The number of pianos and organs
and the value thereof
8. The value of gold. silver, plated,
and cut-glass ware,
g. The value of diamonds and
jewelry.
10. The value of every annuity. roy
atty and patent right.
IL. The value of every steamboat
sailing vessel. wharf boat, barge or
other watercraft
~. The amount of money on hand
or on deposit in any bank or with any
pessets in or out of this State,
IS. The amount of credits. including
book accounts, notes and claims OF every
kind as provided by paragraph IL, 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
lions 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
10 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
Il. 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
ceding items.
Section %. Every incorporated bank,
through its president, cashier, principal
manager or principal accountant, shall
make and file with the assessor a state
ment setting forth:
I. 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,
?. The amount of surplus and undi-
vided profits arising from the business
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
as basis for assessing the shares of
stock of said bank.
Section 20. The total value of the
property of the bank employed in the
banking business as determined by APP
plying the rule laid down in section ~
hereof, shall be taken TO represent the
total value of all shares of stock of
said bank. The returns required to be
made under section % hereof shall be
made by the person required to make
1T for and on behalf of the stockholders
of 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
shall be paid by the bank, and it may 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 first
lien on such shares, and shall be paid
before transfer of such shares of
stock can be made.
Section "a. Every person. associa-
tiou 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 in
this State. and shall discount. buy. sell
or exchange notes, bonds. stocks, certi-
ficates of public debt. claims or demands
with view to profit shall be deemed
to be a 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-