The Huttig news., 1912-06-01

longing to said business 7 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- 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.
 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. 1 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.
 '. All other property pertaining to said business.
 8. All real estate at it's assessed valuat tion.
 9. The amount of all current deposits 10. The amount or ali accounts pay able other than current deposits. | The sum or lue AISI, SeCODu, tnlrd, 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 21 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 l include any property included in special list shall distinctly set forth: 1 1. The number of mules. horses and asses of all ages and the value thereof.
 ?. 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 i thereof.
 4. The number of hogs of all ages and the value thereof.
 ,. The number of vehicles, including wagons. carts. carriages. buggies. bicy- cles, motorcycles, automobiles or other vehicles of whatsoever Kind and the value thereof.
 I 6. The number of watches and the value thereof.
 !. The number Of p;anos and organs and the value thereof.
 s. The value of gold. silver plated and cut-glass ware. 9, The value of diamonds ane jewelry.
 10. The value of every annuity, roy [ atty and patent right. i. Il. The value of very steamboat t sailing vessel, wharf boat. barge 0 other watercraft.
 l 12 The amount of money han :. or on deposit in any bank or with an e 13. The amount of credits fncludin . book accounts. notes and claims of ever kind as provided by paragraph IS. sec ton 5, of this Act. l IA. The amount and value of bond 2 of every kind whether secured by mort gage on property or issued by corpora : tions or persons. in or out of this State , I5. 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
 l6. The value of improvements. in- cluding warehouses. oil tanks and eat ing houses. net owned by railroad or other company but on the lands the title of which is vested in such com
 r. 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 soral property not included in the pre- ce ing items.
 Section 22 Every incorporated bank. throu h it's president. cashier, principal mar ager or principal accountant shall ma ke and file wit the assessor a state ment setting forth:
 l. The amount of capital, whether divided into shares or mt actually paid in. or secured to be pail in. by note or otherwise. or in anY@ise procured or furnishc'. to be employed in the bank l ing business
 vtde1 profits arising from the business and belonging to the flank, whether in It's possession or nnaer its control. or lharea or otherw SC invested for its benefit.
 3. The value Of all fixtures. furni- ture or other property that has been c arged off to profit and loss account. 4. The value of ary real estate own ei 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 deemei to represent the personal prop erty of tNe bank employed in the
 ank!ng business for the current year by such hank Said sum shall be taken as q basis for assessing the shares of stock of said ba.tk.
 Section 23. The total value of the proterty Of the bank employed in the anking business es determined by ap- piying the rule laid down in section 22 hereof. shall be taken rn represent the total value of al shares of stock of sad bar k The retlrns required to be rade under section 22 hereof shall be male by the person required to make It for and on behalf of the stockholders of the bank. The assessment shall be II q against the bank in the aggre- sate as agent for the holders of the shares Of stock The taxes assessed aInst the shares of stock so listed shall be paid by the bank and 1t may re- cover from the owner or owners of such shares the amount of taxes paid or deduct the same from any dividends aeeruing on said shares. The amount Of taxes paid by any bank on shares of stock as herein provided shall be a first lien on such shares, and shall be paid before a transfer of such shares of stock can be made.
 Section 24 Every person. associa- ton 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 a 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- duction of any kind shall be made by reason of the fact that any part of the capital, surplus or undivided profits of such institutions is invested in United States bonds. or other non taxable se- curities. or securities otherwise taxed.
 Section 25. Every association or cor Af~ ,r~sw