||LAWS OF UTAH. 217 20, 1865," be amended as follows: In the first section, in lieu of William H. Hooper, Horace S. Eldredge and Ben Holladay, of New York," read John W. Hess and Christopher Lay ton. In the third section, first line, before "any," read, The capital stock shall be fifty thousand dollars, and." In the fifth section, fifth line, in lieu of "by the Company," read, by this act. And in the ninth section, fifth line, in lieu of "ten," read, five. Approved January 19, 1866. CHAPTEK CLIX. An ACT amending ''''An Act prescribing the manner of assessing and collecting Territorial and County Taxes, ana for other jnirposes," "ajqiroved January 20. 1865." Sec. 1.-Be it enacted by the Governor and Legislative Assembly of the Territory of Utah: That "An Act prescribing the manner of assessing and collecting Territorial and County taxes, and for other purposes," "approved January 20, 1865," be amended as follows: In the first section strike out the first proviso, and the word "further" in the second proviso. Sec. 2.-The second section of said Act is hereby repealed, and the following substituted in its place as Section 2: An annual assessment shall be made on all taxable property in the several Counties of the Territory, between the first day of January and the first Monday in June. Property shall be assessed at a fair cash value, and such assessment, when so made, shall constitute a lien on the property assessed, until such tax is paid, or remitted by the County Court: Provided, That the Assessor and Collector shall assess and collect a tax upon all taxable property brought into this Territory and offered for sale after the assessment list is completed, at the rates of the regular assessment for the current year. And further provided: That where money may have been assessed and afterwards sent outside the Territory for the purchase of merchandize or any articles whatever, then the assessment on the cash value of such merchandize or articles shall be decreased by the amount of such purchase money. Sec. 3.-The sixth section of said Act, fifth line, is amended by striking out the word "finally;" and in the eight section, third line, strikeout the words, "the same" after the word "requiring;" and append to the end of the section the words, the proceeds of such fines to be divided equally between the Territorial and County Treasuries. Sec. 4.-In section fourteen of said Act, fourteenth line, for "thirty first day of October" read, thirtieth day of November; and at the end of the section strike out the words "not beyond the thirty-first day of December;" and in section fifteen, seventh line, for "thirty-first day of October," read, thirtieth day of November; and at the end of the section strike out the words "in accordance with said notice, or sooner if required by the Collector." Sec. 5.-Section eighteen of said Act is hereby repealed, and the provisions for taxation in the several city charters are revived and declared to be in full force. Approved January 19, 1866.