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. 1873 edition. Excerpt: ... 12. Every person that shall own, or have in his possession or subject to his control, any personal property within this state, with authority to sell the same, which shall have been purchased either in or out of this state, with a view to being sold at an advanced price or profit, or Which shall have been consigned to him from any place out of this state, shall be held to be a merchant, and when he shall be, by the provisions of this act, required to make out and deliver to the assessor a statement of his other personal property, he shall state the value of such property appertaining to his business as a merchant; and in estimating the value thereof, he shall take as the criterion the average value of all such articles of personal property which he shall have had from time to time in his profession or business, or under his control, during the year next previous to the time of making such statcment--if so long he shall have been engaged in business, and if not, then during such time as he shall. have been engaged--and the average shall be made up by taking the amount in value on hand, as nearly as may be, in each month of the next pre ceding year in which the person making SL lCl/1 statement shall have been engaged in business, adding together such amounts---I and dividing the aggregate amount thereof by the number of months that the person making the statement may have been. in business during the preceding year. SEO. 13. No consignee shall be required to list for taxation the value of any property the product of this state which shall 'have been consigned to him, for sale or otherwise, from any place within the state, nor the value of any property con signed to him from any other place for the sole purpose of being forwarded: ..