The Sentinel=record., 1912-06-06

and the value thereof.
 g. The number Of vehicles. including l wagons. carts, carriages. buggies, bicy- cles, motorcycles. automobiles or other | vehicles of whatsoever kind and the 1 value thereof
 G. The number of watches and the 1 value thereof
 :. The number of pianos and organs l and the value, thereof
 8. The value of gold, silver, plated, l and cut-glass ware
 9. The value of diamonds and Jewery.r-~
 10. The value of every annuity. roy
 alty and patent right
 II. The value of vvery 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 l 13.~ The amount of credits. including l book accounts. notes and claims of every kind as provided by paragraph 13, sec
 tion D. of this Act
 IA The amount and value of bonds | of every kind whether secured by mort i gage on property or issued by corpora | tions or persons, in or ont of this State. 1 15. The value of furniture, fixtures, | appliances and apparatus used in the | conduct of business i'm eating houses | pool and billiarCb rooms, barber shops | ten pin alleys bowling alleys. moving picture shows, theaters and similar | places.
 l l6 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 fin such com | pany.
 F. The value of all improvements 1 on lands. the fee of which is still in
 the United States
 IS. The value of all articles of per 1 sonal property not included in the pre- ceding 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;
 1. The amount of capital whether | divided into shares or not, actually paid 1 in. or secured to be paid in by note or | otherwise, or in anywise procured or 1 furnished, to be employed in the bank l ing business
 ?. The amount Of surplus and undi- l vlded profits arising from the business ] and belonging to the bank whether in l its possession or under it's control, or
 loaned or otherwise invested for it's l 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- 1 sessed for taxation.
 The sum of the first second and l third items less the Tourth shall be deemed to represent the personal prom erty of the bank employed i'm inc 1 banking business for the current wear
 by such bank Said sum shall be taken as pasls Tor assessing the shares of l stock of said bank.
 l Section 23 The total value of the 1 property of the bank employed in the
 banking business as determined by ap- | plyIng tne rule laid down in section 22 | hereof shall be taken to represent the | total value of all shares of stock of 1 said Dank. The returns required to be
 % %nade under section 22 hereof shall be | made by the person required te make It for and on behalf of the stockhoIders or the pans. The assessment shall he l made against the bank in the agere-
 gate as agent for the holders of the | snaIes or stock. The taxes assessed | Hsalhst the shares of stock so listed
 snail be paid by the bank. and it may re- | cover from the owner or owners of | such shares the amount of taxes natd
 or deduct the same from any dividends | aCcruing on said shares The amount
 VI taxes paid by any bank on shares of
 Stock as herein provided shall be a first
 ilen on such shares. and shall be maid
 before a transfer of such shares of | stock can be made
 Section 24. Every person. assocfa
 whether authorized by law 10 issue 1 notes Tor circulation or not that shaI
 keep an offlce. counting house. or other
 place Tor the transaction of business in 1 thls state. and shall discount buy sell or exchange notes. bonds. stocks certi- | tlcates of public debt. claims or denoa nd a | wlth view to profit shall be deemed Act ''''s In assessing the shares of stock of ] any bank, state or National as herein | Rrotiued' no credit, allowance or de- auction of any kind shall be made hv | reason of the fact that any part of inc | capital. surplus or undivided nrodts of such institutions is invested in United l states bonds, or other non-taxable se- l curlties. or securities otherwise taxed l section 25. Every association or cor | poratlon organized under the laws of l this State and doing business tberaf, l ehd engaged Tn life, fire. live stock acci- 1 dent or other kind of insurance busi- | ness. or any kind of security. guaranty l bonding or indemnity business or in Iany Kind of investment loan or trust follows ''N''ioh as | The president. secretary or princinaI
 aeC5ouhung officer or other represen-
 tatlve shall make and file with the as- | sessor sworn statement wherein shall be distinctly set forth. 1 ]. The number of shares of capita1 1 of otoCA a outstanding and the face value
 7. The total capital stock paid in ar
 secure secured to be paid in by note or other
 3. The surplus and Undivided u.,e,.- l belonging to the company ne market value. and if no mar
 oe' naI9e' the actual value of each share 5. The aggregate valua of o,t z,. i Of stock VI aii si'ares
 ,. The assessed value of any real es-
 tate that may be owned by the com
 pary' association or corporation l A. Ihe sixth item shall be deducted iron, | she titth Item and the remainder sbaii | us takeh as basis for assessing tha
 snaIes or stock of said company. l . The assessment shall be made apafns. l tle company. association or cornoraN | tion as the agent of its share boIdars
 that IS to say, the tax shall be assessed | agaihst the shares of stock and not | against the capital stock or pronert,, l belonging to the corporation S | Tn reckoning tue assessabla va1ua of | such shares of stock no allowance sbaii | De given for any United States horde | or other non-taxable securities or fcr 1 any stocks or bonds owned bv the co,nA l pany, and which may be otherwise tsx. 1 ed. For purposes of taxation if is 1 the purpose of this section to roooa 1 nlze the shares of stock in the corno9-
 ration as the property to be taxed ana | to require the officers of the cornora- = | tlons 10 assess same for the owners l Section 26. Any company assoefa- | ton or corporation paving a tav on
 shares of stock as provided in Section l 2b may deduct the amount of tayee so | paid from any dividend accriinr on
 said stock Oi Section 27 Shares of stock of huttd- 1 ing and loan associations shall be as
 sessed at their true and full value in
 money The president secretary. cash
 fer or principal managing officer of the Iff.Ta asf.ftF .g..4