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VIOLATION <br /> <br /> -~f Portsmouth., Virginia, that: <br /> <br /> 1 o The Word "bank*~ as u~ed in this ordlr~nce, S~11 hav~ the me <br />as set forth in S~tion 58-4~5 o2 the C~e of Virgln~, 1950~ <br /> <br /> 2. For the y~r 19~ ~d a~lly for ~ch y2ar th~eaft~, ~re <br />by l~vi~ a~ ~ ~ ~ch s~old~r of every bank l~t~ ~n the City <br />PoFt~u~ a ~ at ~h~ ~te of Forty C~ts ~r ~n~ on ~ch ~ h~d~ dollars <br />of ~he t~le ~lu~ of ~e ~ar~s of st~k ~h~ld by such st~old~ <br />~. ~e ~id ~x is l~i~ and l~ In acco~ance with and <br />pr~isi~ of 8~ti~ 58~76 and 58-476.1 of ~e C~e of Vi~inia, 1950, and <br />be a, ilrs~ li~ upon ~he st~k s~ ~n the na~e o~ all st~olders ~nd u~ <br />the dividmds ther~ due and to b~ due, and shall have priority over all <br />other liens except the li~ of t~es due ~o the C~nw~lth of Virginia. <br /> <br /> 3. For the pmrpose of assessing the taxes,herein £mposed, each of said banks <br />shall deliver to the Commissioner of the Revenue of the City of Portsmouth, on or <br />before February 1 of each year, a copy of the report such bank is required by law <br />to f~rnish the said Commissioner of the HeVenue for the purpose of State taxation. <br /> <br />the <br />a~d ' <br /> <br /> Each bank located in this City sh~ll, on or before the first day of June, <br />annually before the firs~ day of June of each year thereaftar~ pay to <br />'lTr~urer of this City the $~xes hereby assessed against ~he stockholders, <br /> <br /> ad~p~lcate receipt <br /> 1950. <br /> <br /> a stock- <br /> t~mouth and <br />of the Code of <br /> <br />~ of <br /> <br />City Cl~rk <br /> <br /> from the <br />mla~ at a meeting <br /> <br /> <br />