Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1861-10-02

real estate thereby conveyed. The commits
sions hereinafter allowed to each collector
Shall be in full satisfaction Of all services rem
dcred by them. The assessors appointed "n'
der them shall be entitled to three dollars ipr
every day employed in making lists and as.
sessmcnts under this act, the number Of days
being certified by the collector and approved
by the chief collector Of the State, and also
five dollars for every hundred taxable persons
contained in the list as completed ny him
md delivered to the collector: Provided,
That when the owner Of any real estate Is
unknown, or is q nonresident Of tho State,
or tax district wherein the same is situated,
and has no agent resident il. said district the
assessor shall himself make out lit Of such
real estate for assessment.
/. SEC. Is. Seperate accounts shall be kept
at the Treasury of all moneys received from
each of the respective States, and the chief
collector shall procure from each tax collec-
tor such details as to the tax, and shall CLASH
fv the same in such manner as the Secretary
Of the Treasury shall direct, and so as to pro.
vide full information as to each subject OF
taxation.
SEC. II. Each collector shall DO charged
with an interest Of five per cent. per month
for all moneys retained in lis possession be-
yond the time at which he is required to pay
over the same by law, or by the regulations
established by tic Secretary of the Treasury.
SEE. lj Each collector, before entering np-
on the duties of his ollice, shall give bond il
such sum as shall be prescribed by the Secrs-
tary of the Treasury, with sufficient surc1ies,
and shall take an oath faithfully to execute
the duties of his ce, and that he will sup
port and defend the Constitution Of the Con-
fedcrate States.
SEC. lG. Upon receiving the tax due by
each person the collector shall sign receipts
in duplicate, one whereof shall be delivered
10 the person paying the same, and the other
shall be forwarded to the cief collector OF
that State. The money collected during each
month, Or during any shorter period which
may be designated by the Secretary Of the
Treasury, shall be also Immediately forwarded
to the c!.icf collector. aud by him be disposed
of according to tue direction Of the Secretary
of tie Treasury anl the said cLicf collector
shall report the same Immediately to tho Sec
rotary oil tie Treasury, and shall furnish him
with list specifying the names AMI amounts
OF each Of the receipts Which shall have been
forwarded to him as aforesaid b. tic district
collectors.
SEC. Ii. Tie taxes assessed on each per-
n,,rils-,s-.tn.ut-rY-ii ,,ri for n:schr'nr'd's
all the property Of that person il preference
10 any other lein; the said l,in 10 take date
from the first cay Of October. 10 which the
valuation has relation, and The la:i,ls an 1i!cr
property of any collector si!asi he "Dund by
statutory lien for five years iui all moneys
received by liiu for taxes: the date Of such
lien TO commence from the TING o[ Iii. rccti"'
ing tic money.
SIC. Is. The compensation Of tax coll"c-
tors shall he five per cent. on The first ten
thousand dollars received, and two and a
half per cent. on nil sums beyoad lha, amount,
uuti ;he compensation shall reach eigL! lun-
divl dollars, beyond which no tarthe: COM
pcnsations shall be paid.
SIC. 10. Tie Secretary of the Treasury is
Authorized to establish regulations suitable
anil proper to Carry this ari int effect
which regulations shall be binding on al oil
GERS; the said Secretary may also frame III
structiors as 10 all jclails Which shall be oh
lisa,ory upon all parties embraced within the
provisions Of this act. lie may also correct
all errors in assessments, valuation. and tax
lists, or in the collection thereof in such form
arl upon suc! evidences as the said Sccrc-
tury may approve.
SEC. 20. Corporations are intended 20 be
embraced under the wo.il "persons" used
IN this act; and whenever the capital stock
Of ANY corpora iol is returned by the corpo-
ration itself aud the TAX paid, the stock in
the hands Of individuals shall lie exempt from
tax; anu also al! lhc rcpl estate Owned bY
the corporation and used FOR carrying un lis
bu, mess; and the capital stock OF all cnrlo-
ralons shaiI be returned, and the tax pu;.l by
the corporations themselves, and Hot by .rli-
viriual Stockholders. The term "mercllan-
die is designed 10 embrace all goods, wares
and merchandise held for sale, except the ag
rcutural products Of the country. Money
At interest is intended to include the principal
sam Of MI money belonging 10 any person
other than bank upon which interest is
puid or 10 be paid By the debtor, as the same
stands on the first day Of October. The
fern seattle. horses and mules is intended
10 incl,llc all such animals rs are raised tuI
sale. ami not such as arc raised merely ior
food and work on the plantation or farm where
they are held. The term "rcal estate" is in
tended To include all lands and estates there
in aud all interests growing thereon, inclu
ding ferries, bridges, mines and the like, and
in All cases the actual marketable value oI
property to be assessed.
SIC. 81. If any person shall at any time
daring the existence CT the present war be-
tween the Confederate States and the United
States, or within one year after tie ratiica
ton OF treaty of peace between them
falsely make forge Or counterfeit, or cause Oh
procure to be made, forged or clun.erlcitcd
or willingly aid or assist in falsely making