The Revised Statutes of the State of New York, Together with All the Other General Statutes, (except the Civil, Criminal and Penal Codes) as Amended and in Force on January 1, 1896

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1896 edition. Excerpt: ...of capital invested in such banking business, and each one hundred dollars of such capital for the purpose of this act, and for the purpose of taxation, shall be held and regarded as one individual share in such banking business, and such shares are hereby declared to be personal property. If such "banker have partners, he shall declare upon oath before the assessor, the number of shares held by each of them in such banking business, ascertained as above provided; and the shares so held by any partner shall be included in the valuation of his taxable property in the assessment of all taxes levied in the town, school district or ward where such individual banker is located, and not elsewhere; and such individual banker shall pay the same and make the amount" so paid a charge in his accounts with such partners; and if such individual banker have no partners he shall be held to be sole owner of all the shares in such business of banking, and the same shall be included in the valuation of his personal property in the assessment of all taxes levied in the town, school district or ward where his bank is located, and not elsewhere. Terms defined; annual tax on foreign bankers.-§ 321. The term. doing a banking business. as used in this chapter. means doing any such business as a corporation may be created to do under article two of the banking law, or doing any business which a corporation is authorized by such article to do. The term foreign banker doing a banking business in this state, as used in this chapter, includes: 1. Every foreign corporation doing a banking business in this state, except a national bank. 2. Every unincorporated company, partnership or association of two or more individuals organized under or pursuant to...