Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1861-03-02
AN ACT TO AMEND IAN ACT ENTITLED
REVENUE" RATIFIED 18TH DAY oF

REVENUE" RATIFIED 18th UA1 Of
FEBRUARY, 1859.
which was ratified on the 18th day of February,
1859. be amended in the following manner, to-wit:
In addition to the exemption specified in section 20
there shall also be exempted from taxation all sncn
property and estate and their profits as may belong
to State and County Agriculture Societies. and De
set apart and used by them for agricultural fairs,
and all such, and their profits, as belong to any
church or religious society, anS be set apart anu
used by them for parsonages
SCHEDULE A.
SEC q The amendments unoer schedule A snail
be as follows:
/. Real property with the improvements thereon,
including entries of land, shall be taxed annually
eighteen cents on every hundred dollars OF ITS value
q The provisions Of paragraph (6) shall be con-
srud to extend to interest received or accrued upon
the subjects therein named whether held in ones
own right or guardian, executor, administrator,
clerk clerk and master of any court or as trus-
tee or agent of any kind whatever, and the person
or persons holding any such subject OF taxation
shall list the same for taxation.
g. Every resident of this State owning any BONDS
of the State of North Carolina issued after the rati
cation of this act shall be liable to tax OF four
cents on every dollar of interest received from sucn
investment
T. Paragraph q shall be amended as follows:
Every dollar of nett dividend profit not previously
listed declared, received or due on or before the
first day of July in each year, upon money or capt.
tai invested in shares in the Bank of Washington,
the Merchants Bank of Newbern the Bank OF
Wadesbor0, the Bank of Fayetteville, the CONNER.
cial Bank of Wilmington, the Farmers Bank OF
North Carolina, the Bank of Charlotte, and the
Bank of Yanceyville, shall pay an annual tax OF
nine cents and in shares in all other banks, or IN
any other Incorporation trading company, or IN
steam vessels of twenty tons burden or upwards,
nd dividends
or profit of the banks herein specially named, shall
be required to list the same separately from any
other dividend or profit for which he is liable to a
tax and also to specify the name Of the bank upon
which said dividend is due or has been received:
5. Every resident surgeon dentist physician, law
yer portrait miniature painter daguerrean artist
or other persons taking likenesses of the human
face every commission merchant, factor, produce
broker, and auctoneer; every State and county Of
feer Except Judges of the superior courts every
president and cashier treasurer of any bank, rail-
read or other incorporated company, whose annual
total receipts and income in the way OF practice,
salary, fees, wages, perquisites, and emoluments,
amount to or are worth 5000 or upwards, one per
cent on such total receipts and income; and so
,mueh,of paragraph Q6) schedule A. as imposes
tax upon persons other than those herein named, is
hereby repealed.
g. The tax imposed by paragraph 40 upon IL
quors wines, and cordials shall hereafter be four
per cent And this paragraph so amended IS here
administered to schedule b. and the tax imposed
by it shall hereafter be given in and paid under the
rules regulations and penalties as are PrescrI-
bed in case of merchants tax.
T. 70 facilitate the collection of the tax on colat-
erals every executor administrator shall return
in his inventory whether the estate of the deceased
goes to the neal collateral relations or to stran-
ger and if 10 collaterals, the degree of relationship
of such collaterals to the deceased under penalty
r ALL to 10 in
and for the use of the State.
SCHEDULE B.
SEC l. The amendments under schedule B. shall
be as follows:
l. Every money or exchange, bond or note broker,
private banker agent of foreign broker or bank
er, shall pay the sum of five hundred dollars for
each county in which he has an office or place of
business, and every person acting Tor said broker
whether with without compensation shall be held
and deemed broker to all intents and purposes in
the place or county in which he shall so act, and
shall be liable for the above tax.
g. Every person who is not a resident of this
State who shall into this State in the capacity
of or agent for broker, and with the intention of
exercising any of the functions of a money
change broker, shall pay the sum of five hundred
dollars in each and every county in which he shall
act as broker, which tax shall be collected by the
sheriff of the county and be accounted for other
taxes
g. Every person who shall propose to act as
broker according to the foregoing section shall pay
the tax to the sheriff of the county in which such
brokers' business is to be transacted and take IL
cense for the same which shall authorize him to act
as broker for one year; and any person who shall
set without such license shall forfeit the of ff
teen hundred dollars to be recovered by the sheriff of
the county where such tax may be due one third of
which shall 90 to the sheriff. and the remainder shall
be accounted for other taxes and such person so
offending shall be guilty of a misdemeanor.
A Every nonresident merchant drummer or
agent who shall come into this State and sell any
goods, wares or merchandise by sample or other
wise whether delivered to he delivered shall pay
q tax of one half of one per cent on the gross
amount of such sales made in any one year, and
shall, before making such sale, obtain written
license from the sheriff of the county in which he
proposes to do business, which the sheriff is au-
thorized to issue whenever such person shall give
5ond with security in the sum of five hundred dol
lars for the payment of the tax hereby imposed at
the time and under the same rules and regulations
are prescribed for the payment of merchants tax
and every person violating the provisions of this
paragraph shall be liable to penalty, of five hun
dred dollars to be collected by the sheriff. four hun
bred dollars of which shall be accounted for and
paid as other State taxes, and he shall be further
liable to indictment as for misdemeanor.
SCHEDULE c.
SEC. 4. And the amendments under schedule G.
shall be as follows, to wit:
l. The President and Cashier of the banks here
in named, or before the first day of October in
each year. shall pay into the public treasury the fol-
lowing tax on each share Of stock owned by ndiyid-
nals or corporations to wit:
The Bank Of Washington twenty five cents.
The merchants Bank of Newbern twenty-five cts.
The Bank of Wadesboro' twelve-and-a-half cents.
The Bank Of Fayetteville, twelve-and-a half cents
The Commercial Bank of Wilmington, twenty
Eve cents.
The Farmers Bank of North Carolina, twenty
i've ee6tS.
The Bank of North Carolina, sixty cents.
The Bank Of Lexington, thirty cents
The Miners and Planters Bank, thirty cents.
The Bank Of Commerce, thirty cents
The Bank of Clarendon thirty cents
The Bank of Cape Fear, sixty cents
The Bank of Wilmington, sixty cents
The Bank Of Charlotte, tHelveand-a-half cents.
.lha Ra..l. aE .L.....