Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1851-02-07
Revenue RIli.
An act to provide for the increase Of the Public
Revenue and for other n,1rnnses


Revenue, and for other purposes.
/ /. Be enacted By the General Assembly Of the
State at North Carolina and it IS hereby enacted By
the authority Of the That hereafter there shall
be levied annually the of three cents upon every
dollar of interest secured actually owing from or
by any solvent debtor debtors, whether from ind
viduals, companies, corporations, or In any other
way; upon all sums of money at interest, whether
in this State or out of it at any time during the year
next preceding the time when the owner or owners
thereof shall give in his, her their tax list Pro-
uided that guardians shall give in the money of each
of their wards as distinct and separate fund, and
not as a fund held in common.
g. Be it further enacted That hereafter there shall
be levied annually the sum of twenty cents upon
every hundred dollars employed in buying and SELL
ing slaves and that there shall be levied annually
the sum OF ten cents upon every hundred dollars YES
ted in every other species of trade and the of
three cents upon every dollar of dividend profit
actually due received upon sums of money vested
in steam vessels excepting the profits OF such YES
sells under the burden of twenty tons,
ted in stocks of any kind, in shares of any incor
porated or trading company, whether in this State
out of it, at any time during the year Immediately
preceding the time when the owneror owners there
of shall give in his, her their tax list ProUded
That this act shall only authorize the taxing of such
profits as the Banks of this State shall make from
trading in stocks and bonds as distinguished from
bills receivable; and provided further, that every
person shall have thirty dollars of interest," dividend
or profit. and an amount equal to the sum OF inter-
est which he, she they pay or secure to be
paid on his, her or their own debt or debts which
shall not be subject to the tax imposed by this act
and prouided further, that this act shall not extend
to the interest dividends accruing to any literary
institution to funds appropriated for public or
private charities devoted to the purposes of educa-
ton, or to the maintenance Ct the poor afflicted.
8 Be at further enacted, That much of the capt.
tai stock In trade of any merchant jeweler, whole
sale or commission merchant, as is now taxed by the
18th section of the lO2 chapter of the Revised Sta
tutes shall be exempt from the provisions OF this
act Provided, That the interest all bonds, or
notes which any such merchant, ieweler, wholesale
or commission merchant may and above
the amount of the interest upon his own indebted
ness and thirty dollars shall not be considered
part of his capital stock in trade but shall be sub
ject to the tax imposed by the first section of this
act.
f. Be 1t further enacted, That hereafter, there shall
be imposed and levied annually the following taxes
to-wit On all Surgeon Dentists, all practicng Ply
siclans, all praccing Lawyers and all other per-
sons, Except Ministers of the Gospel of every de-
nomination. Governor of the State and Judges of the
Supreme and Superior Cours) whose practice, sala-
ries of fees or all together shall yield an annual in
come of five hundred dollars the sum of three dol
lars for the first FIVE hundred, and two dollars for
every additional five hundred dollars.
| 5. Be 1t further enacted, That there shall be i'm
posed and levied annually ad udlorem tax of one
per centum on all gold and silver plate and orna-
menta jewelry, in use by the owners there
of. of the value of fifty dollars upwards; all
sukies, gigs, bugges, barouches carriages and all
other pleasure vehicles whatsoever, in by the
owners thereof of the value of seventy five
dollars and under hundred dollars. fifty cents:
on all of the value of hundred dollars and under
two hundred dollars dollar; all of the value
of two hundred dollars and under three hundred dol
lars two dollars all of the value Of three hundred
dollars and under four hundred dollars three dollars
and all of the value of four hundred dollars and
| upwards four dollars on all gold Watches one dol
lar, and all silver watches twenty-five cents, in
use, Except such of each are kept in shops and
o1o.N al I.,, IT,
owners thereof, two dollars; all piano fortes in
use by the owner or owners thereof one dollar;
all pistols Except such shall be used exclusively
for mastering and also those kept in shops and stores
for sale,) one dollar each all bowie knives one
dollar each and drks and sword-canes, fifty cents
each Except such shall be kept in shops and
stores for sale y Provided hoerer, that only such
pistols, bowie knives, drks, and swordcanes as are
used worn, carried about the person of the
shall be subject to the above named taxes all
tailers of wines, cordals spirtuous liquors, ten
dollars; all Billiard Tables, hundred dollars;
on all Bowling Allies whether called Nine Pin
Or = Ten Pin Allies by any other name t1renty
fre dollars; every pack of playing cards. tuenty-
fre cents; and every merchant shop keeper and pub
| lie dealer, in goods, wares merchandise, other
thing shall be liable for the same and shall state
| OATH how many packs he or she has sold within the
year preceding the time he she shall give in his
| her tax list; all mortgages and deeds of trust,
which shall be registered the of one dollar and
the Register in each and every county shall be liable
|
the Justice taking the list of taxable property, the
number of mortgages and deeds of trust by him reg
istered in the preceding year. under penalty of
hundred dollars to be collected by the Sheriff. and
to pay the amount of taxes thereon, after deducng
six per centum for his commissions and the said
Register shall not be required to register any mort
gage deed of trust until the person persons pre-
senting the same, shall have paid the tax hereby inn
posed in addition to the fees now by law established
| e. Be 1t further enacted, That the owner owners
of every toll bridge ferry in this State, shall here
after pay annually tax equal to five times the sum
of the largest toll by him or them demanded and re-
| ceived.
T. Be it further enacted, That the agent or agents
of all insurance companies, not incorporated IN this
State shall hereafter pay annual tax of fifty dol
lars every county where agency shall be estab-
| lished to be collected and accounted for by the
Shers of the several counties other taxes and in
the said agent agents shall fail to pay the tax
hereby imposed he they shall be individually liza
BILE for a tax of hundred dollars, to be collected
by the Sheriff of the county where such failure takes
place. by distress and sale of the property of the said
agent agents. to be applied three-fourths to the
use of the State, and one-fourth to the of the
Sheriff collecting the same
8. Each and every company of circus riders
equestrian performers and each and every person
company who shall exhibit any collection of animals
commonly known menagerie, for reward, shall
previously to exhibiting performing in any county
in this State pay to the Sheriff thereof fifty dollars
and all Ethiopian serenaders, comic singers and per-
formers musical Instruments. who exhibit or per-
form for reward FIVE dollars as tax to the State to
be accounted for by the Sheriff other taxes and
paying such tax, the Sheriff who receives the same
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