Fulton County tribune. (Wauseon, Ohio) 1883-1925, 1916-03-31
GENERAL INSTRUCTIONS
To Tax Payers For Listing and Valuing Personal
Property

makes is true. The assessor is re-
quired to actually administer the oath
in every case, and persons claiming
to have no property in excess of $1O0
are required to take and subscribe
to that effect.
Refusal to List or Swear-Where
persons refuse to list, or listing, re-
fuste to be sworn, the assessor must
return the property himself at its
true value and indicate on the return
the refusal to list or refusal to be
sworn. The county auditor is then
required to add SO per cent. to the
value so returned by the assessor.
New Buildings and improvements
Any new building or structure con-
structed or begun since listing day
last year, and all such buildings or
structures which were in process of
construction last year and were not
assessed at their full value in money,
must be reported to the assessor.
Buildings DestrOyed-Buildings De-
stroyed must be reported to the as
SCISSOR or no deduction can be allow
ed.
| ACIO III
pawn as security for money or other
thing advanced to the pawner, must
be listed by the pawnbroker at the
true value thereof on the day preced-
ing the second Monday of April.
All Questions Must be Answered
Each question in the blank forms fol
listing personal property must be an.
swered fully and accurately, and each
item therein must be filled out. Whers
the word "None" truly and completely
states the fact respecting any item
or question in such blank forms, i
NAV be given as the answer thereto
RULES FOR VALUING Personal
PROPERTY
All personal property must be list
ed at its true value in money.
Merchants StOcks-Stocks of mer
: chandise are to be listed at their aver
age monthly value. To the stock Of
hand April l of the previous year adj
the purchases for the month an
| deduct the sales for the same time
less the gross profit thereon; the bal
5 ance will represent the amount O
D goods on hand May 1. The month";
, average will be obtained by continu
: ing this process to April 1 of tn
8 current year and dividing the ag
= gregate of the monthly invoice thu
e obtained, by the number of months i
e the year in which the person. firm o
8 company has been engaged in sue
: business.
Manufacturers Stocks Manufac
f turers must return under item IL.
n (a) The average value of all ray
materials on hand during the yea
f ending April /.
e (b) The average value of ma
8 terials in process of manufacture fo
the same period.
n (c) The average value of finishe
e products for the same period.
: The monthly averages of items !:
f b and C, are to be obtained by divic
e ing the aggregate of the amounts Q
t each of such items on hand at the en-
of each month of the past year,
# the number of months in the year i
: which the person, firm or compan
r has been engaged in such business.
(d) Tools and machinery not a:
: sessed as part of the real estate.
It Assessors to Fix Values-The Asses!
d or is not bound to accept the valu
placed by the property owner upo
g his property but is, in every instanc
required to fix the value himself.
s WHERE PROPERTY IS TO B
: LISTED
d Where Property is to be Listed
5, Merchants and manufacturers stocl
l. and personal property on farms sha
IS be listed where situated and all othe
l. tangible personal property shall |
/ listed where the person to be charl
le ed with the taxes thereon resides
t. the time of listing, if residing with
:, the county; if not. then such prope
ID ty shall be listed where it is situate
d when listed.
70 Intangible personal property, SUI
II as moneys, credits, stocks, bonds, Ell
has no situss of its own but takes tt
situs of its owner and is held to
pit situated, and hall be listed. whe1ev
is the owner thereof resides.
lg Property in Transit-Personal pr
perty in transit shall be listed whe
IN the owner resides, but if such pr
n perty is intended for particular bu!
IN ness it shall be listed where the pr
E. perty of such business is required
or be listed.
in Property of Estates-Personal pl
n, perty belonging to the estate of
ne deceased person whose residence
lg the time of his death was in Il
of state shall be listed by the execut
m or administrator, whether he resic
be in this state or not, where the dece,
ed would have been required to |
ty the same if he had been or was livi
an on listing day.