payment, well and truly to be made, we bind ourselves, our heirs, executors, and administrators, firmly by these presents. Sealed with our seals and dated this day of 187. Whereas, the above bounden A. B. has been chosen (or appointed) collector of the above-mentioned school district number in the town of in conformity to the statutes relating to common schools; now, therefore, the condition of this obligation is such that if the said A. B. shall well and truly collect and properly account for all moneys received by him as such collector, and shall, in all respects, duly and faithfully execute all the duties of his office as collector of such district, then this obligation shall be void, otherwise to be in full force and effect. A. B., [L. 8.] Signed, sealed and delivered? presence CIRCULAR TO TRUSTEES. The following circular to assessors, issued from the comptroller's office, is . here presented to trustees of school districts, as it answers many questions that come before them in the discharge of their duties: All property not specially exempt should be assessed at its true and full value. Bank stock should be assessed to the individual stockholders in the town or ward where the bank is situated, at its true value, including any surplus; and in no case should it be assessed below par, without proper evidence that its value is reduced below par by losses actually charged over on the books. No deduction should be allowed the shareholders on account of debts, nor should any deduction be allowed for the proportionate interest of a shareholder in the stock or bonds of the United States, held by the bank. The only deduction provided for is a proportionate part of the real estate of the bank, which is assessed against the corporation. Individual bankers should be assessed in the same way as shareholders in incorporated banks. Persons engaged in banking or brokerage, not organized under the Banking Laws of the State, and who issue no circulation, should be assessed the same as other individuals, and are entitled to the like deduction from the assessment for debts and investment in United States stocks. The franchises and privileges granted by the legislature to Savings Banks, or Institutions for Savings, are declared to be personal property, and liable to taxation as such in the town or ward where located, to an amount not exceeding the gross sum of their surplus, earned and in possession of the bank. These institutions should therefore be assessed for the amount of their surplus funds, after deducting such amount thereof as may be invested in the stocks of the United States. Telegraph poles and wires must be regarded as personal property, and as such, are assessable at the home office of the company. TAXATION OF LANDS. All lands in any town or ward, occupied by the owner, must be assessed to such owner. Lands occupied by a person other than the owner may be assessed to the owner or occupant, or as "land of non-residents." When the line between two wards, towns or counties divides a farm or lot the same must be taxed, if occupied, in the town or ward where the occupant resides; but if unoccupied, each part must be assessed in the town or ward where the same lies. Lands wholly unoccupied, owned by a person residing within the town or ward where the same are situated, must be assessed to such owner. Unoccupied lands, not owned by a person residing in the town or ward where the same are situated, must be assessed in a part of the assessment roll separate from the other assessments, under the heading, "lands of non-residents." If such lands be a part of a tract or patent which is subdivided into lots, each lot must be designated by its number alone, without the name of the owner, beginning with the lowest number and proceeding in numerical order to the highest. Where parts of lots are separately assessed, each part must be definitely located, either by a survey, or complete boundaries thereof. Where such lands are not in any tract or patent, or numbered lot, such fact must be stated on the assessment roll, and each parcel thereof be fully described, the same as parts of numbered lots. Each lot or subdivision must be separately assessed, unless one property, not divisible (in which case the fact should be stated), and the quantity of land in each lot, subdivision or parcel, must, in all cases, be entered on the assessment roll. THE FOLLOWING IS THE LAW RELATING TO EXEMPTIONS FROM TAXATION. 1. All property, real or personal, exempted from taxation by the Constitution of this State, or under the Constitution of the United States. 2. All lands belonging to this State or the United States. 3. Every building erected for the use of a college, incorporated academy or other seminary of learning; every building for public worship; every schoolhouse, court-house and jail, and the several lots whereon such buildings are situated, and the furniture belonging to each of them. 4. Every poor-house, alms-house, house of industry, and every house belonging to a company incorporated for the reformation of offenders, or to improve the moral condition of seamen, and the real and personal property used for such purposes belonging to or connected with the same. 5. The real and personal property of every public library. 6. All stocks owned by the State, or by literary or charitable institutions. 7. The personal estate of every incorporated company not made liable to taxation on its capital under Chap. 13, title 4, first part Revised Statutes. 8. The personal property of every minister of the gospel, or priest, of any denomination; and the real estate of such minister or priest, when occupied by him, provided such real and personal estate do not exceed in value one thousand five hundred dollars. And lands owned and permanently occupied by agricultural societies. 9. All property exempted by law from execution. If the real and personal estate, or either of them, of any minister or priest exceed the value of one thousand five hundred dollars, that sum shall be deducted from the valuation of his property, and the residue shall be liable to taxation. Lands sold by the State, though not granted or conveyed, shall be assessed in the same manner as if actually conveyed. The owner or holder of stock in any incorporated company, liable to taxation on its capital, shall not be taxed as an individual for such stock. ! Shall make up for district money lost through his neglect 65 5 DEAF AND DUMB, Institution for the DEPUTY STATE SUPERINTENDENT, appointment of................ DISTRICTS: What are entitled to public moneys Special meetings in Annual meetings in ............. Officers of, qualifications and terms of office 26 Joint, must bear same No. in each commissioner district 33 32-36 37 ..... 38 44 may resign 47 68 88, 89, 90 Actions against..... 89, 90, 91 116 May unite libraries... Powers of inhabitants at district meetings. (See Meetings.) Expenses of, how paid.. Act for the relief of. FINES AND PENALTIES: How paid and apportioned....... Where supervisor refuses to give bonds embezzles school moneys... neglects to make certain returns Duty of supervisor to sue for.. For refusal to give notice of district meeting. refusal to serve in district office.... For making false report... neglect of library by trustees....... GOSPEL AND SCHOOL LOTS..... 2 8 3 3 8 5 8 5 9 8 5656% 2 87,88 |