The North-Carolina standard., 1849-02-14
THE REVENUE LAW.

extent the lands and the poll, which have borne hear
y all the burdens of government from the earliest
period to the present time.- Hereafter, when the
time arrives for putting this law in force, we shall
publish it again, with such comments as the mean
ing Of its various provisions may suggest them
selves to our mind ~ s."izz odes ,e'sete - < q u
AN ACT to increase the Revenue of the State.
WHEREAS, there are many wealthy citizens of this
State, who derive very considerable revenues from
moneys which produce interest, dividends and pro-
fits; and who do not contribute due proportion to
the public exigences of the same: ,ns pod lass.
1. Be 1t enacted by TIE. General assembly Of the
State Of North Carolina, and At IS hereby enacted by
the authority of the same, That hereafter there shall
be levied the of three cents upon every dollar
of interest, safely secured actually due received
upon all sums of money at interest," whether in this
State or out of itat any time during the year next
preceding the time when the owner thereof shall
give In his, her, or their tax-list. s.s77
q Be IL 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 trad
ing In slaves, vested in sailing steam vessels
(excePting the profits of such vessels as under
the burden of twenty tons or any other species of
trade vested in stock of any kind in shares of
any incorporated trading company whether in this
State or out of i-atany time during the year imI.ed
ately preceding the time when the owner owners
thereof shall give in his, her, their taxlist Pro-
Ufded that this act shall authorize the taxing of
any stock shares in any of the incorporated Banks
OF this State, already taxed by law and provided
further, that person whose interest, dividend or
profit shall not exceed the of sixty dollars shall
be subject to the tax imposed by this statute.
3. BE 1t further enacted, That much of the cap
tai stock In trade of any merchant eweler, whole
sale or commission merchant, is taxed by the
l4h section of the O2d chapter of the Revised Stat
utes shall be exempt from the provisions of this
4. BE 1t further enucted That each and every per-
son whose interest, DIVIDEND profit is subject to
taxatlon heretofore provided shall have amonnt
equal to the sum of interest which he, she or they
own pay, secure to be paid upon his, her, or
their own debt or debts, exempt from the provisions
of this act. -tAS.'A@ A1..i f'ff -
f5Is Be it further enacted That the taxes by this
act imposed, shall be returned oath to the JUS
ces 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 Shers of the several Counties in this State, at
the same time and in the manner in which they
now collect other State taxes and shall by them be
paid into the Treasury of the State at the time
and under the same penalties which pre-
scrIbed by law for the collection and payment of
other State taxes. Prorided further, this act shall
not extend to the interest dividends accruing to
any literary institution, Ii ins 81. ..ra -<,..
6. Be 1t further etGcted.s That hereafter there shall
be imposed and levied annually the following taxes
to wit: On all surgeon dentists, all practcing ply
sleans all Praetcing lawyers and on all other per-
sons (excePt Ministers of the Gospel of every de-
nomination. Governor of the State, Judges of the Su
Preme and Superior Courts,) whose practice, sala-
ries, or fees or all together. shall yield annual in
ESs
of three dollars Prorided ho,peuer, that every ply
sican, and lawyer, and surgeon dentist shall be
empt from the provisions of this law for the first five
years of his practice. ......
7. Be it further en1cked, That hereafter there shall
be imposed and levied annually tax upon the fol-
lowing artices wit: On all gold and silver plate
IN use by the owner owners thereof in value fifty
dollars, and not exceeding five hundred dollars, the
sum of two dollars; and all gold and silver plate
exceeding in value FIVE hundred dollars, four dol
lars: On all pleasure carriages IN use by the owner
or owners thereof, with four wheels, exceeding in
value two hundred dollars, the of dollar;
On all gold watches, in use by the owner owners
thereof, twenty-five cents; on all silver Watches in
use by the owner owners thereof, ten cents on
all harps, in by the owners thereof, the
of two dollars all piano fortes, use, the
sum of dollar, except in Semnaries of learning;
on all retailers of spirituous liquors. ten dollars In
stead of four dollars, now taxed by law; on all
public billiard tables hundred dollars, instead of
five hundred dollars, taxed by law; all
bowling alleys, whether called nine-pin ten-pin
alleys, or by any other name, twenty-five dollars
upon every pack of playing cards, ten cents-and
every merchant, shop-keeper, and public dealer in
goods wares and merchandise shall state oath how
many packs he has sold within the last year. Pro
Uidd that this enactment shall not be in force before
the first of April, in the year 1850.
8. find be it further enacted, That every person
who shall bring any horses, mules, hogs into this
State from any other State, by the drove, and shall
dispose of the same or any part thereof in any Coun
ty in this State, shall pay the Sheriff Of every such
County the sum of five dollars; which tax shall be
accounted for by the Sheriff in like other
public taxes: And upon paying such tax, and OBJ
tanning receipt therefor, and license sell such
droves part thereof such person shall be authorz
ed to sell and retail such horses, mules, hogs that
may belong to their present Drove and Others for
the term of one year; and that each and every per-
son who shall sell such drove of horses, mules, or
hogs, or any part thereof without having previously
paid the tax thereon, and without having obtained a
license so to do, or who shall refuse neglect upon
the request of the Sheriff or his lawful deputy, or
any Justice of the Peace, to show such license, shall
pay tax of hundred dollars, to be collected by
the Sheriff of the &C Iry where such failure takes
place. by distress and sale of the property of such
delinquent to be applied, one-half to the of the
State and one-half the of the Sheriff collect
ing the same.
8. Be it further enacted, That each and every per-
shall annually render to the Justice appointed to
take the list of taxables and taxable property,
part Of and in addition to, his taXables and taxable
property, the of tax taxes which he either
in his own right, the right of any other person
agent trustee, in any other whatsoever,
is liable to pay under this act; and it shall be the
duty of said Justice to administer the following oath
to all such person persons may be liable to pay
the same, and to list their property for taxation, to-
wit: You, A. B. do solemnly Cor affirm, as
the may be,) that you, etherin your right,
the right of any other person persons whatsoever
either guardian, attorney, agent or trustee, In
any other manner whatsoever, not liable for more
taxes under an act of the General Assembly entitled
an act to increase the Revenue of the State passed
in IS4S-'49, than the amount which you have now
listed and that in all other respects the list by you
delivered contains just and true account OF all
the property which by law you are bound to list for
taxation to the best of YOUR knowledge and belief,