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AN ORDINANCE IMPOSING AND COLLECTING TAXES ON REAL ESTATE, TAS~GIBLE PERSONAL PROPERTY AND MACHINERY WITHIN THE LIMITS OF THE CITY OF pCuRTS~OUTH, VIRGINIA, FOR THE PUF~OSE OF RAISING REVENUE FOR THE SUPPORT OF THE GOVE~T AND THE PUBLIC FREE SCHOOLS AND TO PAY INTEREST AND SINKING FUND ON THE PUBLIC DEBT FOR THE YFAR BEGINNING JANUARY 1~ 1950~ Be it ordained by the Council of the City of Portsmouth, Virginia, that for the year begin~ing January t~ 1960, and for each year thereafter until an~uled by ordinance, the following tax shall be placed on real estate, tangible personal pro- perty and machinery within the limits of the City of Portsmouth~ for the purpose of raising revenue for the support of the goverr~ment and the public free schools and to pay interest and sinking fund on the public debt. The tax on real estate for the City of Portsmouth~ Virginia~ shall be Two Dollars and Fifty Cents ($2~50) on each One Hundred Dollars assessed valuation there- of. Classification of Tangible Personal Property: The following shall be classified as Tangible Personal Property and taxed at the rate of T~o Dollars and Seventy-five Cents ($2°?5) on each one hundred dollars assessed valuation thereof: (1) The aggregate number of horses, mules and other kindred animals and the value thereof~ (2) The number of cattle and the value thereof~ (3) The number of sheep and goats and the value thereof. (4) The number of hogs and the value thereof. (5) The aggregate number and value of all automobiles, motor trucks, motor- cycles and all other motor vehicles. (6) The aggregate value of all animal drawn vehicles and bicycles. (7) The aggregate value of all farming implements and tools of mechanics. ($) The aggregate value of all felled timber~ ties, poles, cord wood, bark and other timber products and all agricultural products, in the hands or possessioB~ legal ~.conztruotive~ of a purchaser, provided that grain, tobacco and other agricultural products in the hands of a producer of the same are hereby declared exempt from taxation as property under this ordinance. (9) The aggregate value of all household and kitchen furniture, including gold and silver plates, plated w~re, watches and clocks, sewing machines, refrigerators, automatic refrigerating machinery, vacuum cleaners and all other household machinery, books, firearms, and weapons of all kinds.