Portland gazette and Maine advertiser., 1814-07-02
An Act in addition to the several Acts inn
posing tax on Banks.

SEC 1. BE il enacfed by fhe Senate ard House 81
Representasices in Genera Cssf assembled. and 9y
TIE authority effhe sanlc. That whereas by an act
passed on the twenty eighth day OF February last,
III Banking Corporations then in operation, or
which should thereafter come into operation,
we're required to pay tax 70 this Commonwealth
Of one half Of one per cent. within ten days sfer
the first Mondays of April and October annually,
on the amount of the capital stock actually psid
il On the said days, although said amount should
no. have been psid in for the full term Of six
months then next preceding; in lieu thereof said
Banking Corporations are hereby required to pay
pch portion of ssid sum Of one half of one per
xnt on such proportion Of capital stock ~ shall
not have been paid in for the full term of SIX
months next preceding. rs The time from the
ps,men, Of such portion ofsuch capital stock. TO
he dAy when such payment OF such tax shall be.
come Tue may bear to the term If six months
And such corporations 40 shall have been requi.
red to pay,snd shall have actually paid the fun
mount of one half Of one per cent. which they
would no. have been requii cd 70 pay by The
poylsionsof this act. shalt have credit for such
t1cess, and the Treasurer Of the Common wealth
Is hereby authorised and required 10 credit The
ssms 10 said corporations ia the next payments
uft their said tax which may become due. and
deduct such excess from said payments, Roui.
d. that such corporations shall have paid the
seyersi ins,alments of capital stock, at the times
required by their several scis OF incorporation,
md PROVIDED fu,ihe,, that such corporations shall
furnish The said Treasurer with true abstrscis OF
he smount OF their capital stock actually paid
h, AID the times when the several insta.men,s
sere PAID in, authenticated by the osths OF their
several Presidents and majority Of their espec-
lire Directors.
SEC 2. Whereas by az aes paiIed on the twenty
third Of Jpae in the year Of our Lord eighteen
hssdsed ktwelve, all Banks within this common
ueAlh. which fhould be in operation on the firit
dy Of October then next eniuing, or which Should
thereafter come into operation, were required
topay tan of one half Of one per cent on she a.
ucuas Of The capital lock actually paid in, iu-h tax
TO be paid within ten days ueat after each fsmi-
annual dividend. which LhouId be made after laid
friday Of October by means whereof il was the
sfueintens and meaning of the iaid act, that iad
Ia mould attach iuch Banks on the faid 6rlf day
u October and the fifit paymen, become due and
payable on the frt Gay of April next following. 4
whereas ltyerai Banks then in operation, by their
eye laws made femi annual dividends ct other times
shaa the ERA days Of April and October by means
vheseof The faid payment Of fad tar was made AZ
aime earlier than was contemplated by the LIE
Cauuse and whereas by the force and effect of the
- above mentioned, pafed in February lat, laid
sA"ss were again required 10 pay laid tar with'n
ssn days afser the frft Mondays Of April aud oc
'soer sanualiy, although by toe force Of the previ
eas act oreiaid and the operations Of their ye.
avs the hike saI has been paid by iaid Banks
within period of tx months next preceding by
neaus whereof the taid Banks have been required
% pay laid femi annual tar twice, contrary 20 the
nue io'eut and meaning Of the Legislature. RsH
e~1ss sssAsd; That the Treaiurer OF this Com
soowealth be and he Is hereby authorized and
Raairsd to credit TO any fuch Bank or Banks the
mount OF tax thus paid over and above what they
you'd have been required to pay by the provi.
Sas OF THE act, and allow the fun in the next
Fgneas OF payments of laid Tar which may be-
"ns due from fach Banks by the exiting laws.
J~s -. tsl4-APPsovrp. CALEB STRONG.
an Act fixing the times and places for
holding the Courts of Sellions in the
county of York
oee. BE sna1ssd BY sbs Sssat<' and Hasfs IF
s9ys'fss'es ia Csasai Court eIs~bled. asd by roe
,"ssy y The fame That from and after the PAT
s's OF this ACT, the Court Of St1ions within and
.heeounty Of York fhall be holden at Alfred,
me Monday next preceding the fesond Tuefday
september and at York on the Monday next
rseeu,ns The third Tuefday in April annually, and
' :. Ast,ons, Suits, Bile, Appeals. Plants, To-
%A''ons Recogn zances and othsi things wha,fo
S"' nov pending by Continuance. appeal or 9th