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Be it ordsined by tn~ ~ Co~.,~l"~' of the Cityo~z Po~ts~.~?,a~n~ m ~ V~gtnia: 1. ~e word "b~k", as usc~ ~ this o~nce~ shall have me&~ as o~ fo~ ~h in Section 58-465 of the Code of V~gir~a~ 1950. 2. For the year 1971 ~ud ~muaily for each ~ t~ ~ ~h~re '~ -' ' ~ n-~a and ~i~ooe~ ~oon each stoc~]o~ de~ of eve~ b&mk loc~ed mn the City e ...... ~ Po~ ~smom~ ~ t~ at the rave of For~[f Cents ~r s~a~u~ on e~ = o_~ n~m&reu dollars of the ~b!e v~ue of the shames of stock held by sueh s,toc~d~otder in ~ such b~. ~e said vax is levie~ ~d Dmos~ in accorde~ce vd_th ~nd - ~'~ - O~rsu~.~ to the pro~_sion of Sections 58-476 ~nd ~47e.i cz ~he C~e o~Virgi~a~ 1950~ a~ shall be a f~st lien u~oon Sb~ stock stsm~ in the n~ve of ~1 stockholders ~d u~on the dividends thereon due ~ad to become due~ ~ sbsll ~ve priority - a~l o~e_ l~e~ except the lien of taxes due ~o the ~Com~uo~ze~th of V~a, 3[ For the '~ ~ ~ ~' ~e~ herein ~os~, each of p~os~ o~ ~sseso~g the ~ s~d bs~ks sh~l de~ver to tne' Co~ssioner of p . ~ ~ = he ~ ~.n~ of the City of oL~smoe,h~ on or bezore seb~a~y i of each ye~ a copy of the reports such b~H~ is requ~ed by !aw to-z~sn~ ~ ' the' s~d Co~issioner of t~e Reve~ae for the pu~ese of State t~ation. m=~: bs~Z{ located in this City shall on or, before the first day of Ju~e, 197i~ and e~nus21y before the f~t day of J"mne of each ~- ~ve_~ pay to the City ~eas~er of this City the t~xes hereby ~sessed s~nst the sto~mnold_rs ~d the City ~eas~er sbm21 ~ve to the bared< ~y- L~ such taxes a mup==cave red,rapt therefor~ as o~o~ by ~ction of the Code of V~a~~u TM ~. - h ' .~ ~ ~ d ' ~ · - ..... c,_ shall be appl=cao_e to the 5. The taxe~. E~eose~ o~ thais o~d~r~n ~ ~ ~ - ~1 stookholde~ of ~ b~l{ w}~oh h~ 'a br~oh bap~ located in the City of Po~smoueh ~nd shsl! be ~aid in aeeordemce wia~ the m~,~siorm sf ~ction 5~7~-f' of the ~ ~ '~- - ~e o~ V~a~ 1950. 6. ~ b~2< Yfnich sh~l f~i or neglect tn ~n~,~ ~e~ P~OVlsmoPs o~ thls oPaline, ce shall be tlned~n°t less th~n f~fty dollars nor m~Pe ths~e two bma~ed doltars ~ but~N~.e paymen~ of such fines -~,,~zmm-''' not relieve the b~{~ frem thep~y~n~ ' o~ ae~.~ ~xes ~L~s~m~ = ~ by.tbi.s ordinance.' aoe~ by the CeL~cil cz ~ne C_~y or Po~s~uth~ V~!~a at a ~e~ii~ held on Juste 23, 1970~ ~ . o - - ~ City Clerk