LAWS OF 1853. 17 AN ACT for the assessment of property, and the collection of taxes, in In force Feb. 12, counties adopting the township organization law. 1853. fo taxation. SECTION 1. Be it enacted by the people of the state of Illinois, represented in the General Assembly, That all property, whether real or personal, in this state; all mo- Property subject neys, credits, investments in bonds, stocks, joint-stock companies, or otherwise, of persons residing in this state, or used or controlled by persons residing in this state; the property of corporations now existing or hereafter created, and the property of all banks, or banking companies, now existing, or hereafter created, and of all bankers and brokers, except such property as is. hereinafter expressly exempted, shall be subject to taxation; and such property, moneys, credits, investments in bonds, stocks, joint-stock companies, or otherwise, or the value thereof, shall be entered on the list of taxable property, for that purpose, in the manner prescribed in this act. DEFINITIONS. Investments in § 2. The terms "real property" and "land," wherever Beal property. used in this act, shall be held to mean and include not only the land itself, whether laid out in town lots or otherwise, with all things contained therein, but, also, all buildings, structures and improvements, and other fixtures, of whatsoever kind, thereon, and all rights and privileges belonging or in any wise pertaining thereto. The term "investments in bonds," wherever used in this act, shall be held bonde. to mean and include all moneys invested in bonds, of whatsoever kind, whether issued by incorporated or unincorporated companies, towns, cities, counties, states, or other corporations, or by the United States, held or controlled by persons residing in this state, whether for themselves, or as guardians, trustees or agents, on which the holder thereof is receiving or is entitled to receive interest. The term "investment in stocks," wherever used in this act, stocks. Investments in ty. shall be held to mean and include all 'moneys invested in the public stocks of this or any other state, or of the United States, or in any association, corporation, joint-stock company, or otherwise, the stock or capital of which is or may be divided into shares, which are transferable by the owner, without the consent of the other partners or stockholders, for the taxation of which no special provision is made by this act, held by persons residing in this state, either for themselves, or as guardians, trustees, or agents. The term "oath," wherever used in this act, shall be held to mean oath or affirmation. Every word in this act importing the masculine gender, may extend and be applied to females as well as males. The term, "personal propPersonal proper- erty," wherever used in this act, shall be held to mean and include every tangible thing, being the subject of ownership, whether animate or inanimate, other than money, and not forming part or any parcel of real property, as hereinbefore defined. The capital stock, undivided profits, and all other means, not forming part of the capital stock of every company, whether incorporated or unincorporated, and every share, portion, or interest in such stock, profits, or means, by whatsoever name they may be designated, inclusive of every share or portion, right, or interest, either legal or equitable, in and to every ship, vessel, or boat, of whatsoever name or description, used or designed to be used, either exclusively or partially, in navigating any of the waters within or bordering on this state, whether such ship, vessel, or boat, shall be within the jurisdiction of this state, or elsewhere, and whether the same shall have been enrolled, registered or licensed at any collector's office, or within any county or collector's district in this state or not. The term "money" or "moneys," wherever used in this act, shall be held to mean gold and silver coin, and bank notes in actual possession, and every deposite which the person owning, holding in trust, or having the beneficial interest therein, is entitled to withdraw in money on demand. The term "credits," wherever used in this act, shall be held to mean and include every claim or demand for money, labor, or other valuable thing, due or to become due, or every annuity, or sum of money receivable at stated periods, and all money invested in property of any kind which is secured by deed, mortgage, or otherwise, which the person holding such deed, or mortgage, or evidence of claim, is bound by any lease, contract or agreement, to reconvey, release, or assign, upon the payment of any specific sum or sums: Provided, that pensions receivable from the United States, or from any state, salaries or payments expected to be received for labor or services to be performed or rendered, shall not be held to be annuities within the meaning of this act. The term "prop Moneys. Credits, Proviso, |