The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1851-04-23
VOLUME XXI.
The New Revenue Act,


BY enacted BY the authority Of Me sumo, Thai
hereafter there shall be levied annually the
sum OF three cents upon every dollar of in.
tefest secured or actually owing from or by
any solvent debtor or debtors, whether from
individuals, companies, operations, or in any
other way upon all sums Of money at In,e T.
est, whether in this State or out Of il, al any
time during the year next preceding the time
~hen the owner or owners ihereo shall give
in his, her or their tax list: Prorided, that
guardians shall give in the money of zach Of
their wards ss a distinct aud separate fund,
and no, as fund held n common.
9. BE it further enacted, That hereafter
there shall be levied annually The sum of
twenty cents upon every hundred dollars en-.
plsysd in buying and selling slaves, aud that
there shall be levied annually the sum of ten
cents upon every hundred dollars vested in
every other species Of trade; and the sum Of
three cents spon every dollar OF dividend or
prof, actually due or received upon sums o:
money vested IN steam vessels excepting
the profits OF such vessels as are under the
burden Of twenty toos,) or vested 10 stocks
Of soy kind, or IN shares OF any incorporai.
ed or trading company, whether ia this Safe
or ost Of II, any time during the year i'm.
medIstely preceding the ,ino when the own
er or owners thereof shall give ia his, her
or their tax list: Prorided, that this act
shall only authorize the taxing Of such pro.
fts ss the Banks Of this State shall make
from trading in stocks and bonds as distin
guished from "blIs receivable" and prorid.
Cd further, that every person shall have ihir.
" dslsrsc OF interest, dividend or profit, and
an smovnt equal to the sum of inieies, which
he, she or they owe or pay or secure 10 be
paid on his, her or their own deb, or debts,
which shal no, be subjec, to the tax impos.
ed by this act, and prorided further, that this
act shall mol extend 10 the ialerss. or divld.
ends accruing to any literary institution, or
to fsods appropriated for public or private
charities, devoted 10 The purposes OF educa.
tioo, or 10 the maintenance OF the poor or
sfflicted.
3. BE Il further enacted, That 81 much of
the capital stock IN trade OF any merchant
or jeweisr. Wholesale or commission mer.
chant, as is nov taxed by tho l4,h section
Of tho 1924 chsp,er OF the Revised Statutes,
shsl! be exempt from the provisions Of this
act: Propided, that the interest Oh all bonds,
OF notes which any sach merchant, je~eler,
wholesale or commission merchant may own
over aad above the amount Of the interests
upon his Own indC b,ednees and thirty dollars
shall no, be considered a. part Of his capi
tai stock in trade, bu, shall be subject TO the
tax imp, scd BY the first section OF this act,
4. BE il further enacted, That hereafter,
there shall be imposed and levied annually
the following taxes, 10 Wit: On all Surgeon
Dentists, all practicing Physicians, all prac
tciag Lawyers, and on all other persons, tex
espt Ministers of the Gospel OF every denom
iuslion, Governor Of The State and Judges Of
the Supreme and Superior Couus,) whose
practice, salaries or fees, or all together, shall
yield an annual income OF five hundred dol
lars, the sum Of three dollars for the first hse
hundred dollars, and tso dollars for every
additional five hundred dollars.
5. BE IL further enscted, That there shall
be ,nposed and levied annually an ad ralo-
rem tax Of one per cesium on eli gold and sl.
yer plate, and ornamental jewelry, IN use BY
ihe owner or owners thereof, Of the value Of
6Ny dollars or upwards; on all sulkles, gigs.
buggies, bstouches, carriages, and oil other
pleasure vehicles whatsoever, in use by the
owner or owners thereof, Of he valve OF SO.
venly five dullars and under one hundred dol.
lss, 6fty cents; on all of the value Of one
bundled dollsrs and under too hundred dol.
lars, one dollar; 90 oil OF the value oi two
hundred dollars and under three hundred dol.
lars, two dollars; on all of the value of three
L.. Ill. Il IL. h.. ra1 1t
lars, three dollars; and en- oil Of the value of
four hundred dollars aud upwards, four dol.
lars; on all gold watches, one dollar, and on
all silver watches twenty-five cents, in use,
Except such Of each as sre KEEP, in shops and
stores for sale y on all hsrps 10 use by the
owner or owners thereof, two sollats; on sll
piano fortes in use by the owner or owners
thereof one dollar; on all pistols (excep: such
a. shall be used exclusively for mastering, and
also those kept in shops and stores for sale,l
one dollar each; on all bowie knives, one dol.
lar each and on dlrks aud sword.cancs, fifty
cents each; Except such as shall be KEEP, in
shops and stores for sale y Provided horep.
er, that only such pistols, bowie knives, dirks
and sword canes as are used, worn, or car
RED about the person Of the owner, shall be
subject to tho above named taxes; on all re.
taisrs Of wines, cordials, or spurious liquors,
ten dollars; on all Billiard tables, one hun.
dred dollars; on all Bowling Allies, whether
called Nine Pin" or "fen Pin P" Allies, or
by any other name, t,rsn'y fire dollars; on
every pack of playing cards, tren'y fire cents;
and every merchant, shop keeper and public
dealer 10 goods, wares, merchandise, or 9th
or thing, shall be liable for the same, and
shall state on oath, how many packs, he oil
she has sold within the year preceding the
,ims, he or she shall give in his or her ia,
list; 90 all mortgages and deeds Of trust
which shall be registered, the sum of one dol