Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1849-03-02
THE REVENUE ACT,
AN ACT TO INCREASE THE REVENUE
OF THE STATE

l. be 1T enacted 6y the General Assembly,
Of the State of North Carolina, and 1t as here
by enacted by the authority Of the same. That
hereafter there shall be levied the sum of three
cents upon every dollar of interest, safely Sc
cured, or actually due or received. upon all
sums of money at interest, whether III this
State or out of it-at any time during the year
next preceding the time when the owner there
of shall give in his, her, or their tax-llst
g. Be it further enacted, That hereafter
there shall be levied the sum of three cents
upon every dollar of profit or dividend safely
secured, and actually due or received, upon
all sums of money vested in trading IN slaves
or vested in sailing or steam vessels, Except
ing the profits of such vessels as are under
the burden of twenty tons,) or any other spe-
cies of trade, or vested in stock OF any kind,
or in shares of any incorporated or trading
company, whether in this State or out OF it
at any time during the year Immediately pre-
ceding the time when the owner or owners
shall give in has, her. or their tax-list. Pro-
Uided, that this act shall not authorize the
taxing of any stock or shares in any of the
incorporated Banks of this State, already tax
ed by law; and provided further, that no per-
son whose interest, dividend, or profit shall
not exceed the sum of sixty dollars, shall be
subject to the tax imposed by this statute.
8. Be 1t further enacted, That so much of
the capital stock in trade of any merchant or
jeweler, wholesale or commission merchant,
as is now taxed by the 18th section of the
1O2d chapter of the Revised Statutes, shall be
exempt from the provisions of this act.
4. Be 1T further enacted. That each and eve
ry person whose interest, dividend, Or profits
subject to taxation, as heretofore provided,
shall have an amount equal to the sum of in
terest which he, she, or they own or pay. or
secure to be paid upon his, her, or their own
debt or debts, exempt from the provisions OF
this act
5. Be it further enacted, That the taxes by
this act imposed, shall be returned on oath to
the Justices of the several counties IN this
State, appointed to take the list of taxables and
taxable property in their respective counties;
and shall be collected by the Sheriffs of the sew
eral counties in this State, at the same time and
in the same manner in which they now col
lect other State taxes, and shall by them be
paid into the Treasury of the State at the same
time and under the same penalties which are
now prescribed by law for the collection and
payment of other State taxes. Provided fur
Mer, this act shall not extend to the interest
or dividends accruing to any literary instltu-
ton.
g. Be 1T further enacted, That hereafter
there shall be imposed and levied annually the
following taxes, to-wit On all surgeon den
fists, all practcing physicians, all practcing
lawyers, and on all other persons [except Min
listers of the Gospel of every denomination,
Governor of the State, Judges of the Supreme
and Superior Courts,) whose practice, sala-
ries, or fees. or all together, shall yield an an
nual income of not less than five hundred dol
lars, the sum of three dollars Provided, hoaU-
surgeon dentist shall be exempt from the pro-
visions of this law for the first five years of
his practice.
7. Be it further enacted, That hereafter
there shall be imposed and levied annually a
tax upon the following articles, to-wit: On
all gold and silver plate in use by the owner
or owners thereof, in value fifty dollars. and
not exceeding five hundred dollars, the sum OF
two dollars and on all gold and silver plate
exceeding in value five hundred dollars, four
dollars: On all pleasure carriages in use by
the owner or owners thereof, with four wheels,
exceeding in value two hundred dollars, the
sum of one dollar; on all gold watches, in
use by the owner or owners thereof, twenty
five cents; on all silver watches, in use by
the owner Or owners thereof, ten cents; on all
harps, in use by the owner or owners thereof.
the sum of two dollars on all piano fortes. in
use, the sum of one dollar, except in Semina-
ries of learning; on all retailers OF sprituous
liquors, ten dollars, instead of four dollars, as
now taxed by law; on all public billiard tables
two hundred dollars, instead of five hundred
dollars, as now taxed by law; on all bowling al
leys, whether called nine pin or ten-pn alleys
or by any other name, twenty five dollars; up
on every pack of playing cards, ten cents-anC
every merchant, shop keeper, and public deal.
er in goods, wares and merchandise, shall
state on oath how many packs he has sold
within the last year. PJ0uidcd, that this en-
actment shall not be in force before the frs
of April, in the year 1850
8. And be at further enacted, That every
person who shall bring any horses, mules Of
hogs into this State from any other State, by
the drove, and shall dispose of the same Of
any part thereof in any county in this State
shall pay the Sheriff of every such county the
sum of five dollars which tax shall be &C.
counted for by the Sheriff in like manner as
other public taxes And upon paying such
tax, and obtaining receipt therefor, and Ii
cense to sell such droves or part thereof, such
person shall be authorized to sell and retail
such horses, mules or hogs that may belong
to their present drove, and no others, for The
term of one year; and that each and every
person who shall sell such drove of horses
mules or hogs, or any part thereof, withou
having previously paid the tax thereon, ant
without having obtained license so to do, o.
who shall refuse or neglect, upon the reques
of the Sheriff or his lawful deputy, or any
Justice of the Peace, to show such license
shall pay tax of one hundred dollars, to b.
collected by the Sheriff of the county wher'
such failure takes place, by distress and sal'
of the property of such delinquent, to be ap
piled, one-half to the use of the State, ant
one half to the use of the Sheriff colIectin!
the same.
9. Be 1t further enacted, That each ant
every person shall annually render to the Jus
tice appointed to take the list of taxabIes AM
taxable property, as part Of, and in addition
to, his taxables and taxable property, the a
mount of tax or taxes which he, either in hi
p own right, OF the right of any other person o
, persons whatsoever, either as guardian, attor
ney, agent or trustee, or in any other name
whatsoever, is liable to pay under this act
and it shall be the duty of said Justice to ad
minister the following oath to all such perso
or persons as may be liable to pay the same
and 10 list their property for taxation, to-wit