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An Act imposing Taxes for the Support of the Government. 1862 51 (1862.12)

handle is hein.slavery/ssactsva0808 and id is 1 raw text is: AOTS OF THE GENERAL ASEMBLY. 5: elections each stockholder may in person or by proxy, cast one vote for each share of stock owned by him or her, and the said trustee may in like manner, cast one vote for each. share of stock held by him in trust, as aforesaid. 5. For the purpose of facilitating the transportation of their productions and manufactures to market, the said company may om procure, own and use such steam and other vessels and vehicles as authorlod tou steam and nth they may deem necessary; they may also subscribe for, purchase vesels and T letN necessar and own such amount of the capital stock of any company incorpo- 12rWerb.-I.e. ted for the purpose of improving the navigation of the Little Ka- nawha river, or for constructing a railroad or turnpike to or from the land owned by them, as may be authorized by two-thirds of the votes cast at any annual or special meeting of the stockholders, but the said company shall not purchase or hold any other land than is herein authorized, except so much as may be necessary for sites for their manufactories, work-shops, warehouses, yards for tlie storeage of their products, and wharves for the use of the vessels owned or employed by them. 6. This act shall be in force from its passage, but is to be sub- Commencement _ . . . May be altered ject to be altered, amended or repealed by any future legislature. amended or r- pealed. Cnrp. 64.-An ACT imposing Taxes for the Support of the Gov- ernment. Passed February 8, 1863. TAXES. 1. Be it enacted by the General Assembly, That the taxes on Tax . the persons and subjects in this act mentioned, or required by law to be listed or assessed, shall be yearly, as follows: On Lands and Lots. On tracts of lands and lots, with the improvements thereon, not Amount of taxa. exempt from taxation, thirty cents on every hundred dollars value lion o realrot thereof; and herein shall be included all tracts of lands and lots, with the improvements thereon, not exempt from taxation, of incor- porated joint stock companies, savings institutions and insurance companies. On 'Personal Property. 2. On all of the personal property, moneys and credits reuiredn • t o i at on persna by law to be listed and not exempt from taxation, except slaves, property not ex. Smp andonmo- thirty cents on every hundred dollars value thereof; and herein = ad credlt shall be included all the capital invested or used in any manufao-

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