Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1859-01-21
Revenue Bill now before the Legislature OF

Revenue Bill now before the Legislature Of
North Carolina. ~
SCHEDULE al.
Sec 3d. Be ut further enacted That the following subjects
shall be annually listed and be taxed the amounts spee
81 Real property with the improvements thereon, lin
Guiding entries on and twenty cents on every hundred dol
g. Every taxable poll eighty cents Prooided That the
county court may exempt from poll tax such and in
firm persons and disabled and they may de-
clare and record fit objects of exemption.
S. Every toll gate turnpike road every toll bridge
and every gate permitted to be erected across highway
a. Every ferry per cent the total receipts of tolls
during the year,
belonging to resident of the State dollars unless the
highest price demanded for the for shall
exceed that sum- IN which the amount thus demanded
shall be paid as tax
&c. Every dollar of interest," previously listed
ceived or accrued whether demandable no) be-
fore the first day of July of every year. bonds eertf
Gates of debt Of the United States of this State (unles
exempt by chapter 80 of the Revised Code entitled Public
Debt,'O of other State government of any
county corporation municipal private any bond
note contract account or other claim or demand against
solvent debtors wherever they may reside four cents.
81. Every dollar of dividend profit not previously
ted declared received due before the first day
of July in each year. upon money, capital invested in
vessels of twenty tons burden upwards shares
IN any bank or other incorporation trading company four
cents
S8 Such net interest, dividend and profit shall be
tanned by deducng from the aggregate amount of interests
dividends and profits accrued in favor the person listing
the amount of interest accrued against him during the year
ending on the first day of July
&c. Every shaver person engaged buying notes
or bonds made by Individuals shall list the of all his
purchases whether made for cash exchange for other
notes or bonds and tax of half of per cent
on the aggregate amount of such purchases in addition to
the tax imposed by this the interest he may receive
on such notes or bonds.
SlO Every person resident in this State engaged the
business of buying and selling slaves whether the
or sales be made in out of the State for cash credit
onehaf of per cent the total amount of all his pur
chases, during the twelve months ending the first day of
July Of each year.
gil Every person resident in the State regular
der in slaves may buy slave or slaves to sell again
whether such purchase sale be made out of the State
for cash credit oneha of per cent the total
amount of his purchases during the twelve months ending
ON the first day of July of each year.
S2 Every carriage buggy other vehicle kept for pleas
for the conveyance of persons of the value of twenty
five dollars, upwards, per cent. its value.
Sl3 All gold and silver plate and gold and silver plated
seals and Keys when collectively than
tyiVe dollars, per cent. on their entire value
Sl4 Every gold watch in use one dollar and twenty-five
cents. Every other watch in fifty cents Every harp
IN use 81 90; every piano in use 81 So
and rifle cane used kept for about the per
of any any time during the year, dollar and
twenty-five cents Arms used for mastering shall be exempt
SIG. Every resident surgeondents physician, lawyer
portrait or miniature painter daguerrean artist or other
person taking ikenesses of the human face every commits
sion merchant factor produce broker and auctoneer
United States State and county officer and every
in the employment of incorporated private compa
MES, societies. institutions individuals and every other
whose annual total receipts and income whether in
money oherWise) the OF practice, salary, fees
perqulsltes and emoument amount or worth
five hundred dollars upwards per cent such total
SIT. Every dstler maker Of spruous liquors, wines
or cordas three cents on each gallon made by him and sold
| in this State
SIS. Every person that brings this State sprituous
liquors. wines cordas for SALE six cents on every gallon
thus brought any vessel other than bottles and cents
per bottle brought in bottles When any nonresident Of
the State shall sell and deliver to any person in this State
spirltuous liquors. cordas the buyer shall Bst the
| same and pay the above tax.
49, Upon all real and personal estate whether legal
equitable, above the value hundred dollars situated
within this State which shall descend be devised be-
queahed to collateral relation person. other than
nea ancestor descendant, the husband wife of the
deceased husband wife of such ancestor descend
ant to which such collateral relation become entitled
under the law for the distribution of nteates Estates and
which real and personal estate may not be required
ment OF debts and other liabilities the following per centum
| tax upon the value thereof, shall be paid
Glass l. If such collateral relation be brother sister
of the deceased child of such brother sister, tax
| OF one per cent.
Class 2 If such collateral relation be brother sister
of the father mother of the deceased child of such
brother or sister, tax of two per cent.
Class 3 If such collateral relation be remote
aton, the devisee egatee be stranger tax of three
per
$40. real estate liable to taxation shall be listed by
the deVlsee or heir III separate column designating Its
| proper per cent. tax.
SI. The personal estate shall liable the tax. the
hands of the executor administrator, and shall be paid
by him before his administration account audited or the
estate settled to the sheriff OF the county.
S22 If the real estate descended devised shall not be
the entire Inheritance the heir devisee shall pay pro
| or interest.
S3 If the legacy dstribuve share to be received shall
be the property such legatee distbuee SHALL
in like rata part of the tax, according to
the value of his interest.
ga Whenever the personal property in the hands of such
executor administrator he not being needed to be
converted into money in the Of the administrator
shall be Of uncertain value, he shall apply to the county
court to appoint three impartial of probty to
the value thereof and such being returned to
court, and confirmed shall be conclusive of the value.
/ SCHEDULE B.