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1876.] OF THE HOUSE OP DELEGATES. 1211.
this State, as far as the same can be ascertained, the surplus
of."
On same line, after word "any," insert "such."
Was reconsidered.
The question then recurring upon the adoption of the
amendments,
They were rejected.
Mr. Hoblitzell submitted the following amendment:
AMENDMENT PROPOSED,
At the end of Section 17, insert, "Provided, the assess-
ment, valuation and taxation of monied capital engaged in
any trade or business, shall never exceed the actual monied
capital which may be the basis of such trade or business opera-
tions.
Which was read.
The question then recurring upon the adoption of the
amendment,
Mr. Purnell submitted the following amendment:
AMENDMENT PROPOSED.
"The several Assessors hereby appointed, shall ascertain
from each person residing in their respective districts, and
assess according to the actual value thereof, the amount of all
solvent bonds, securities, and liquidated demands ana claims
owing and coming to such person, whether due or not, de-
ducting from the aggregate amount thereof all such bonds,
securities or liquidated claims owing to others from such per-
son as principal debtor, and not as surety; but. in neither
case shall unsettled book accounts which have accrued withia
a year next preceding be included. And in every deduction
allowed as above directed, the name of the person to whom
such bond, security or liquidated demand is owing, must be
given to the Assessors."
Which was rejected.
Mr. Hess submitted the following amendment, to the
amendment submitted by Mr. Hoblitzell.
AMENDMENT PROPOSED.
Add, "and the average amount of stock kept by a mer-
chant during the year."
Which was adopted.
The question then recurring upon the adoption of the
amendment as amended.
It was adopted.
The bill as amended, was then read a third time and passed
by yeas and nays as follows:
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