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PUBLIC AND PRIVATE LAWS,

PASSED AT FIRST SPECIAE SESSION, CONVENED JUNE 11, 1867.

AN ACT making appropriations for the general and contingent expenses in force June of this special session of the General Assembly.

13, 1867.

ople of the phat the pay a un colori

and officers of the general

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That the Pay of members following appropriations be and the same are hereby made ind to the members and officers of the General Assembly of assembly. the state of Illinois, at the special session thereof, convened by the proclamation of the governor of said state:

To the speakers of the senate and house of representa. Speakers of Se. tives, each, the sum of three dollars per day for each day's nate and H. R. attendance during the continuance of said special session.

To each member of the senate and house of representa• Members H. R, tives, the sum of two dollars per day for each day's attendance during the continuance of the special session afore

said.

Senate.

and House

engrossing

arms and ag.,

To each member of the senate and house of representa- Members of the tives, including the speakers of both houses, ten cents per mile for each necessary mile's travel in going and returning from the seat of government. ¡ To the secretary and assistant secretary of the senate, Clerks of Senate and to the clerk and assistant clerks of the house of representatives, each, the sum of eight dollars per day.

To the enrolling and engrossing clerks and assistant en- Enrolling and rolling and engrossing clerks of the senate and house of cleaks. representatives, each, the sum of eight dollars per day.

To the sergeant-at-arms and assistant sergeant-at-arıms of Sergeant-at the senate, and door-keeper and assistant door-keepers of sistants-door: the house of representatives, each, the sum of eight dollars kiss per day.

To the post-master of the senate, and post-master and Postmasters. assistant post-master of the house of representatives, each, the sum of eight dollars per day.

To the clergymen of the city of Springfield who have clergymen. officiated as chaplains at this special session, for each day they shall have respectively officiated, the sum of two dollars per day.

To the pages of the senate and house of representatives, Pages. each, the sum of two dollars per day.

keeper and assistants.

they shall ab.chaplains at the city of Sp

ers.

tra reporter.

and State Register,

Porters.

To the porters and policemen appointed by the speakers of the senate and house of representatives, each, the sum

of six dollars per day. Official report- To Ely, Burnham and Bartlett, the official reporters of

this general assembly, the sum of fifteen dollars [per day] for each of three reporters—the number of days of actual

service to be certified by the speakers of both houses. J. H. Jones, ex- To J. H. Jones, who is hereby declared an extra official

reporter of the house of representatives, the sum of fifteen dollars per day for every day of actual service, to be certi.

fied by the speaker of the house. State Journal To the publishers of the Illinois State Journal and the

Re- State Register, for publishing the proceedings of this spe

cial session of the general assembly, each, the sum of five dollars per column of solid nonpareil type-the standard of measure to be the column of Journal-to be certified by

the secretary of state and auditor of public accounts. Certificate of $ 2. The time for which compensation is hereby allowed

- how to each member and officer of the general assembly shall

be certified by the speakers of the respective houses, except the time of the speakers of the senate and house of representatives, which shall be certified, the time of the speaker of the senate by the secretary thereof, and the time of the speaker of the house by the clerk of said house-all of which shall be entered upon the journals, and published as a part thereof; and upon the presentation of said certificate to the auditor, he shall draw his warrants upon the revenue fund for the amounts to which each person shall be entitled, as aforesaid, to be paid by the state treasurer out of the said revenue fund in the state treasury.

This is a public act, and shall take effect from and after its passage.

ÅPPROVED June 13, 1867.

how

service made,

of the ses which shakers of thes

lo force June AN ACT to provide for the assessment and collection of taxes on the shares 13, 1867.

of capital stock in banks and banking associations.

taxed.

SECTION 1. Be it enacted by the People of the State of

· Illinois, represented in the General Assembly, That hereStockholders after no tax shall be assessed upon the capital of any bank

or banking association, organized under the authority of this state, or organized under the authority of the United States and located within this state; but the stockholders in such banks and banking associations shall be assessed and taxed on the value of their shares of stock therein in the county, town or district where such bank or banking association is located, and not elsewhere, whether such stockholders reside in such town, county or district, or not, but not at any

holders to be kept.

greater rate than is or may be assessed upon other moneyed
capital in the hands of individuals in this state. And in
case any portion of the capital of such bank or banking as-
sociation is invested in real estate, then there shall be de-
ducted, in making the assessment of such shares, from the
value of the same, such sum as shall bear the same propor-
tion to the value of such sbares, as the assessed value of all
such real estate bears to the whole capital stock of such
bank or banking association: Provided, that nothing herein Provigo.
contained shall be held or construed to exempt from taxa-
tion the real estate held or owned by any such bank or
banking association, but the same shall be subject to state,
county, municipal and other taxation to the same extent and
rate, and in the same manner as other real estate is or may
be taxed.

§ 2. There shall be kept, at all times, in the office where List of stock. the business of such bank or banking association, organized under the laws of this state, or of the United States, shall be transacted, a full and correct list of the names and residences of all the stock holders therein, and of the number of shares held by each, and such list shall be subject to the inspection of the officers authorized to assess taxes or to assess property for taxation during the business hours of each day in which business may be legally transacted; and it shall be the duty of each county, town, city or district assessor to ascertain

and report to the county clerk of his county, or the other :proper officer, as a part of his return of the assessment

of property, a correct list of the names and residences of all stockholders in any such bank or banking association located in his county or town, with the number and value of all such shares held by each of them respectively, showing the name of each of such banks or banking associations in which such shares are held; and such return shall also show what deduction, if any, is to be made from the value of such shares on account of the iuvestment of any of the capital stock of such bank or banking association in real estate, as set forth in the first section of this act.

$ 3. The county clerk, or other proper officer, to whom Taxes-how ex ench returns are made shall enter the valuation of all such shares in the tax lists, in the names of the respective owners of the same, and shall compute and extend taxes thereon the same as against the valuation of other moneyed capital, in accordance with the provisions of the first section of this act; and the several collectors of taxes shall have the same authority to collect the taxes so charged that they now have, or may hereafter have, for collecting other taxes: Provided, Provso. that in all cases where such shares are owned by persons or corporations not residing or located in the county, town or district in which such bank or banking association is located, then the collector of such county, town or district shall have full power and authority to collect such taxes in any

tended.

what purpose

ed.

county, town or district in this state, where such person or

corporation may reside or be located. Action for col- $ 4. The collector of taxes, and the officer or officers lection of taxes

authorized to receive taxes from the collector, may, all or either of them, have an action to collect the tax assessed on any share or shares of stock owned by non-residents of this state, from the avails of the sale of such share or shares; and the tax assessed against such share or shares shall be

and remain a lien thereon till the payment of said tax. Dividends, for $ 5. For the purpose of collecting such taxes, and in may be retain- addition to any other laws, not in conflict with the constitu

tion of the United States, relative to the imposition of taxes, it shall be the duty of every such bank or banking association, and the managing officer or officers thereof, to retain so much of any dividend or dividends belonging to such stockholders as shall be necessary to pay any taxes assessed in pursuance of this act, until it shall be made to appear to such officers that such taxes have been paid; and any officer of any such bank or banking association who shall pay over or authorize the paying over of any such dividend or dividends, or any portion thereof, contrary to the provisions of this section, shall thereby become person. ally liable for all such tax. And if the said tax shall not be paid, the collector of tax where said bank is located shall sell said share or shares to pay the same, like other per

sonal property. Shares to be as- $ 6. All assessments of the capital stock of banks or. sessed as other property.

ganized under the laws of this state, or of the property of such banks, made for state, county or municipal purposes for the year a. D. 1867, by virtue of the laws heretofore in force, are hereby vacated and declared to be void and of no effect; and it is hereby made the duty of the assessors of the several counties and towns, cities or districts in this state in which such banks so organized, or in which any banks or banking association organized under the laws of the United States, are or may be located, to assess the shareholders in the same upon the value of their shares, and to assess the real estate, if any, in which any part of the capital stock of such banks or banking associations is invested, in the same maoner and subject to the same regulations, except as provided in this act, as is provided by law for the assessment of other real and personal property, in the same county or town, city or district, such assessment to be made for the year 1867, with regard to the ownership and value of such shares, on the first day of July, 1867, and annually thereafter with regard to the ownership and value of the same on the day which may be specified by the laws in force concerning the assessment of other taxable personal property in this state.

$ 7. This act shall take effect and be in force from and after its passage.

APPROVED June 13, 1867.

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