North Carolina standard. [volume] (Raleigh, N.C.) 1850-1852, 1851-02-01
CAPTIONS OF THE ACTS
Passed by the General A assembly q North
Carolina, at ats Session OF looO-ol.
REVENUE BILL.

An act to provide for the increase OF the
Public Revenue and for other purposes.
1. Be it enacted by the General assembly Of The
Slate of North Carolina, and ii IS hereby en0cfed 0y
the authority of the same mat hereafter there snai
be levied annually the of three cents upon every
dollar of interest secured actually owing from OF
bv any solvent debtor debtors, whether from lndl-
viduals companies, corporations, or IN any ohe
mon all sums of money at interest, whether III TINS
State or out of it at any time during The year next
nrecednp the time when the owner or owners there
of shall give in his. her their tax list: Prortded
that guardians shall give in the money OF each oil
their wards as distinct and separate fund.- and moi
as a fund held in common.
9 Re II 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 of ten cents upon every hundred dollars yes
ted in every other species of trade; and the sum OF
three cents upon every dollar of dividend or profit
actually due received upon sums Of money vested
in vessels Excepting the profits OF such YES
sells under the burden of twenty ons) or YES
ted in stocks of any kind, in shares of any moor
poraed trading company whether IN this State OF
out of it, at any time during the year ImmedaleIy
preceding the time when the owner or owners lneIe
of shall give in his, her their tax lIst FTCV'"e
That this shall only authorize the taxing OF such
profits as the Banks of this State shall make Ito"
trading in stocks and bonds as distinguished from
bills receivable and proUideG further, that every
person shall have thirty dollars OF interest," DIVIDEND
or profit and amount equal TO the sum Oh lh'eles'
which he she they owe or pay or secure TO De PAID
on his her or their debt or debts. which shall
not be subee: the taxmposed by this act; and pro-
rided further, that this act shall not extend to the IN
erest or dividends accrung to any literary institution
or to funds appropriated for public or private cha
rifles devoted to the purposes of ed ncatlon or to the
maintenance of the poor or afflicted.
8. Be 1T further enacted, That so much OF the ca
pital stock in trade of any merchant or eweier whole
sale or commission merchant, as is now taxed by the
18th section of the IO2 chapter of the Revised Sta
tutes, shall be exempt from the provisions OF this
act Prorided That the interest all bonds, or notes
which any such merchant jeweler, wholesale or
commission merchant may own over and above the
amount of the interest upon his own Indebtedness
and thirty dollars, shall not be considered part
of his capital stock in trade, but shall be subject to
the tax imposed by the first section of this act
T. Be it further enacted, That hereafter, there shall
be imposed and levied annually the following taxes,
tc-wt: On all Surgeon Dentists, all practcing Ply
scians, all praccing Lawyers, and on all other per-
sons Except Ministers of the Gospel of every de-
nomination. Governor of the Sta and Judges of the
Supreme and Superior Courts) whose practice. sala-
res or fees all together, shall yield an annual in
come of five hundred dollars, the of three dol
lars for the first five hundred, and two dollars for
every additional five hundred dollars.
s. Be it further enacted, That there shall be i'm
posed and levied annually Gd rGiorem tax of one
per centum all gold and silver plate and onamen-
tal jewelry, in by the owner owners thereof,
iies. gigs, buggies, barouches, carriages, and all
other pleasure vehicles whatsoever, in use by the
owner or owners thereof, of the value of seveny-fve
dollars and under one hundred dollars, fifty cents
on all of the value of one hundred dollars and under
two hundred dollars, one dollar; on 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; all gold watches, dol
nd all Gil Fl in
use, Except such of each are kept in shops and
stores for sale } all harps in use by tie owner
owners thereof two dollars; all piano fortes in
use by the owner owners thereof, dollar;
all pistols Except such shall be used exclusively
for mastering and also tn kept in shops and
for sale,) dollar each: all bowie knives,
dollar each and dirks and sword-canes, fifty cents
each; Except such as shall be kept in shops and
for sale;) Provided hO,Deuer, that only such
pistols, bowie knives, dirks, and swordcanes
used, worn, carried about the person of the owner
shall be subject to the above named taxes all re-
taers of wines, cordals, spirtuous liquors, ten
dollars all Billiard Tables, hundred dollars
all Bowling Allies, whether called g Nine Pin,"
or "Ten Pin Allies, or by any other name, tlCenty
fire dollars every pack of playing cards. Twenty-Five
cents; and every merchant, shop keeper and public
dealer in goods. wares, merchandise, other thing,
shall be liable for the and shall state OATH
how many packs he or she has sold within the year
preceding the time he or she shall give in his or
her tax list; on all mortgages and deeds of trust,
which shall be registered, the of dollar and
the Register in each and every county shall be liable
for the same, and he is hereby required give in
the Justice taking the list of taxable property, the
number of mortgages and deeds of trust by him reg
lsered 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
Blk 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 hereby i'm
posed in addition 10 the fees by law established
6. Be 1t further enacted, That the owner or own
ers of every toll-brdge ferry in this State, shall
hereafter pay annually tax equal five times the
sum of the largest toll by him them demanded and
received.
7. Be it further enuced, That the agent or agents
OF all insurance companies, not incorporated in this
State, shall hereafter pay annual tax of fifty DOL
lars IN every county where agency shall be estab
llshed, to be collected and accounted for by the
Shers of the several counties other taxes and in
case the said agent agents shall fail to paw the tax
hereby imposed he they shall be individually liza
BILE for tax of hundred dollars. 10 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 the use of the
Sheriff collecting the same.
3. Each and every company of circus riders or
equestrian performers, and each and every person
company who shall exhibit any collection of animals
commonly known as a 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 on musical instruments, who exhibit or per-
form for reward, five dollars to the State, 10
be accounted for by the Sheriff other taxes and
on paying such tax, the Sheriff who receives the same
shall give license to exhibit perform in his coun-
ty, which license shall contain list of such animals
personal performances, or other articles to be ex-
nioi!ed' and IN that case, such company or person
shall be authorized and permitted to perform and ex-
hI6lt as aforesaid in such county, and no other for