The Richmond Virginian. (Richmond, Va.) 1910-1920, 1920-03-26
Principal Points
in Tax Ordinance

The amended ordinance concerning
the lAvying of taxes. contains among
many other things the following sa-
iient provisions:
THAT chapter u.s. Richmond
City Code. 1910, be amended and re-
ordained so as to read as follows.
Section There shall be levied
and collected for each fiscal year the
taxes following. to-wit:
Sec 2-On ali real estate, tangi-
Bile personal property and rolling
stock Of railways other than steam
roads. mot exempted from taxation.
one and i1inety-fivos one-hundredth
per c0nturn OF value. X
Sec. 3-fa) That all property not
mentioned In the foregoing section.
subject to taxation by the city OF
Richmond, shall be classified for pur-
poses Of taxation and taxed as foI-
lows:
Glass Bonds not exempt by law,
notes and other evidences of debt.
thirty cents on each 800 OF values.
soc
Glass e.-Captital OF persons. firms
trade or business, including money,
other than the business of banking
trust. or security. thirty cents on each
500 of values, ace.
Provided that IL such capital In
cltfdes the value OF real estate be-
longing to such persons. rrnas or
corporations, the value of said real
estate shall be deducted in reporting
the capital employed In business,
and shall be listed and taxed as real
estate. except that the capital OF
merchants shall not be Included un-
der this head, but merchants shall
be taxed as provided in section "a OF
this chapter
Glass 3.-The value OF the princi-
pal or personal estate and credits.
other than money under the control
OF the court, receivers or commits
sioners, or in the hands or under the
control OF an executor, administra-
tor, guardian, trustee, or other a.
duciary, thirty cents on each 500 OF
values. soc.
Clas 4.---All money other than that
used or employed In any trade or
business, or in the possession of the
owner, or under the control of an
agent. not on deposit with apy bank
of banking association, trust or Sc
curity company. thirty cents on each
800 values. 30c.
Glass 5.--All shares Of stock OF cor
porations or joint stock companies
In f,e hands OF persns, firms or cor
porations other than shares OF cap
, itai stock Of corporations or joint
sick companies whose tax is paid
bw officers or principal agents OF cor
porations, the principal offices OF
which are located within this city.
thirty cents on each 800 Of values.
30c.
Class S.-Bonds OF counties. cities
md towns, or other political sub
divisions or the state Of Virginia, ar
other states. except Richmond City
bonds. thirty cents on. each TOO OF
values, soc.
sec s.-That from and after May
4, 1920. there shall be imposed an
nually the license taxes as SHOWN
herein on all busisess, professional
or other productive occupations listed
this ordinance: also license shown on
DOES, goats. wagons automobiles, and
other vehicles.
The licenses herein imposed shall
not be in lieu OF other taxes.
The words mot otherwise taxed
are construed to mean mot otherwise
taxed In this ordinance
b. That no such license shall be
issued for period Of time beyond
and OF current license year from the
Aato Of issue. md shall not be pro
rated. and the day and hour OF It's
expiration shall be stated In the IL
A<9A<$Szs III 9fSGEVA " G&SAA AA<GNtNsI SsssStA
~ issued the applicant shall
IN Hi willing ana verified Nv uath "
the applicant. and shall state the
name Of the applicant. residence
street and number Of the proroscd
place OF business. and such place Il
adequately illuminated Ia the day
time without the aid Of arti1cial Iixht
and shall net forth ~ 0NtAil thu
goods 10 be sold and what statements
~ EAnkesant ttone Are sta III. aAs
E0r advertised ~. to the same And thu
length " time for which IN ileenSe
| y des1rod. and n previously AnGaGsd
\ Iii n llke Or sinatlAr ksa1i ~ (le1y
ID 4 y II & h