Pocahontas star herald., 1912-07-05


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 OF
in transit.
2. The amount of funds in the hands
of other banks, brokers or others, sub
ject to draft.
8. Tho 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.
8. 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.
8. All real estate at its assessed
valuation,
.. The amount of all current deposits
10. The amount OF ali accounts pay
!
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 ia
| 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
2. 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-
clos, motorcycles, automobiles or other
vehicles Of whatsoever kind and the
value thereof.
6. The number of watches and the
value thereof.
Z. The number Of pianos and organs
and the value thereof.
s. The value of gold, silver, plated
and cut-glass ware.
8. 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 ol
other watercraft
II. The amount of money on hand
! % f,, h,, Vysfth my
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 IS, sec
tion 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
10. The value of furniture, fixtures
! appliances and apparatus used in th'
conduct of business in eating hOases
pool and billiard rooms barber shops
ten pin alleys, bowling alleys, moving
picture shows, theaters and similal
places.
16. The value of improvements in
GLIDING warehouses, oil tanks and eat
ing houses, not owned by railroad ol
other company but on the lands th'
title of which is vested in such corn
pany.
II. The value of all improvements
on lands, the fee of which is still IL
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, principa
manager or principal accountant, shal
make and file with the assessor state
ment setting forth:
l. The amount of capital, whether
divided into shares or not, actually pait
in, or secured to be paid in, by note ol
otherwise, or in anywlse procured ol
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 il
its possession or under its control, ol
loaned or otherwise invested for it,
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.
The sum of the first second anC
third items less the fourth shall b,
deemed to represent the personal prop
erty of the bank employed in tn,
banking business for the current yea
by such bank. Said sum shall be takeI
stock of said bank
Section 23. The total value of tn
property of the bank employed in thu
banking business as determined by ap
plying the rule laid down in section 2,
hereof, shall be taken 10 represent tn,
total value of all shares of stock O
said bank. The returns required to b.
made under section % hereof shall b,
made by the person required to maxi
IL Tor ana on behalf of the stockholder
of the bank. The assessment shall b,
made against the bank in the aggre
gate as agent for the holders of tn,
shares of stock The taxes assessed
against the shares of stock SO listet
shall be paid by the bank, and it may re
cover from the owner or owners O.
such shares the amount of taxes paid
or deduct the same from any dividendl
accruing on said shares The amour
Of taxes paid by any bank on shares O.
stock as herein provided shall be a frs
lien on such shares and shall be pail
before transfer of such shares O
stock can be made
Section "a. Every person, associa
tiOn of persons, company or corporation
whether authorized by law to issu
notes for circulation or not, that shal
keep an office, counting house, or othe
place for the transaction of business ii
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 deemet
&ot' i0 be bank With" the meaning of thl
In assessing the shares Of stock o.
any bank, State or National, as herein
provided, no credit, allowance or de
duction of any kind shall be made BY
reason Of the fact that any part of tn,
capital, surplus or undivided profits O
such institutions is invested in United
t,F nNl e. IL