The Van Buren press. [volume] (Van Buren, Ark.) 1859-1914, 1912-06-01

/ 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 De
/ made under section p hereof shall be
made by the person required to make
. IL for and on behalf of the stockholders
] Of the bank. The assessment shall be
made against the bank I'm 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 IL may re-
cover from the owner or owners of
/ such shares the amount Of taxes paid,
/ or deduct the same from any dividends
aCcruug on said shares. The amount
/ Of taxes paid by any bank on shares of
stock as herei provided shall be a first
/ lien on su"h shares and shall be paid
/ before transfer Of such shares of
stock can be made.
Section "a. Every person. associa-
/ ton OF persons. company OF corporation
whether authorized by law TO issue
notes for circulation OF not. that shall
/ keep an office counting house or other
place for the transaction of business nm
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 "a bank within the meaning of this
In assessing the shares Of stock of
ANY bank. State or National as herein
prov iutN' "p 10 o,'JT - oi I
uuyllu" % any - ,r',. f +
Ieaao" VI I'lT III P"l 81 co.
az 80 g in,est.T
sue. "sI,uI t'oI'a ~, ~ y ID "
CuritIes, or securities otherwise taxed.
Section %. Every association or cor
III So 9rd r1irr bIeiTose tborair
,.lS 49, i 49,. ~ ii,'a So, &C.,
Jort mr. otbar lima Of Insurance Lrsf-
ros 0r ary KIM |f saourit,. ,fIarart,,
i'.,if,,g az i,I.,,,,it,. rrei,,.ss ~, IN
a,,. liza or ir,.,st,,SEDt lna, 40, t,-,st
bmefr,es sbou oss.gs for t9yatior as
fGIInr,.s. '''''''
mr. ,,,f,7...+ ..t.,,.,. a.. ,,,.f,,,i,,o1
,crorntrg nfrirer ~, oTrsr ranrssar-
fati,e eTan nai,. md Fila ,-ib Tho as
SCISSOR n sworn et.,tarnant Wherein shall
ba 5fstfr.tl,. ED fI,th.
Tbe rumbsr Of sbares of capftaI
stock gyfst.mdfr., and Tho face 1t,Iua
~ 0, al.l o'J ~ an" '"e lace value
Tho tot,I ,.r,ftol etooly mid ir or
secured 10 be- paI5 I'm nv nate or other
wise
Tho s,,rr,r,,, ,.,., ,,r,.,i,.t3a4 -.-,rits
beIonrIrg =, tba rnr1ngr,.
Tre r,rl,et Lie ana A. M mar
I,ct valua tba actr.T ,.al,,a nf o,lt, sIaro
Of stock
s. The aggregate value Of ali shares
Of stock
g. The assessed value Of any real es-
tate thar r4az- b.. nyyral Inv, tnr com
pany. association or rorDoratiou
Tho sixth item shall be deducted from
the fifth item and the remainder shall
be taken as a basis for assessing the
shares Of stock of said company
The assessment shall be made against
the company association or corpora.
ton as the agent of ms shareholders
that is 10 say. In, tax shall be assesseI
AGAINST the shares of stool, and nor
against the capitar stock or property
belonging 10 the norporatlon
In reckoning the assessabIa value of
such shares of stock mo- allowance shall
be given for any United States bonds
or other uou-tayabla securities or for
any stocks or bonds owned bv the com
Dauy and which may be- otharu,fsa tav-
ed For purposcs of tayation n is
the purD0sp of tnfs sa.tinn m rsror-