Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1862-09-01

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Withhold from all payments made to any
person, persons, or party, after the first
day of July, as aforesaid, on account Of
any interest or coupons or dividens due
and payable as aforesaid, the said duty OF
sum of three per centum, and the duties
deducted as aforesaid, and certified by
the president or other proper officer ol
said company or corporation, shall be q
| receipt and discharge, according to the
amount thereof, of said railroad compa-
nies or railroad corporations, and the
owners possessors; and agents thereof,
on dividends and on bonds or other
evidences of their Indebtedness, upon
which interests or coupons are payable,
hOldenby any person or party whatsoever,
and q list or return shall be made and
rendered within thirty days after the
time fixed when sold interests or coupons
or dividens become due or payable, and
as often as every six months, to the Com
missionerof Internal Revenue, which shall
contain true and faithful account of the
duties received and chargeable, as afore-
said, during the time when such duties
have accrued or should accrue, andremain-
ming uuaccounted for; and there shall be
annexed to every such list or return a
declaration under oath or affirmation, in
manner and form as may be prescribed
by the Commissioner of Internal Revenue,
of the president, treasurer, or some proper
officer of said railroad company or rail
road corporation, that the same contains
true and faithful account of the duties
so withheld and received during the time
when such duties have accrued or should
accrue, and not accounted for, and for any
default in the making or rendering of
such list or return, with the declaration
annexed, as aforesaid, the person or per
sons owning, possessing, or having the
care or management of such railroad
company or railroad corporation, making
such default, shall forfeit, as penalty, the
sum of five hundred dollars; and in case
of any deiaultin in making or rendering said
list, or of any default in the payment of
the duty, or any part thereof, ACQUIRING or
which should accrue, the assessments and
collection shall be made according to the
general provisions of this act,
BANKS, TRUSTS COMPANIES, SAVINGS lNsTI-
TUTIoSs, AND INSURANCE COMPANIES.
Sec. 50. And be it further enacted,
That on aAd after the first day of July,
eighteen hundred and sixty two, there shall
believed, collected, and paid by all banks,
trust companies, and savings institu-
tions, and by all fire, marine, life, inland,
stock, and mutual insurance companies,
under whatever style or name known or
called, of the United States or Territories,
specially incorporated or existing under
general laws, or which may be hereafter
Incorporated or exist as aforesaid ON all,
dividends in scrip or money there after
declared due or paid to stockholders, to
policy holders, or to depositors as part of
the earnings, profits, or gains of said
banks, trustcompaniess savings institutions
or insurance companies, and on all sums
added to their surplus or contingent funds,
q duty of three per centum: Provided,
That the duties upon the dividens of life
insurance companies shall be deemed due
or to be collected, until such diYidens
shall be payable by such companies. And
SAID banks, trust companies, savings
institusions, and insurance companies are
hereby authorized and required to deduct
aud withhold from all payments made to
any person. persons, or party, on account
of and dividends or sums of money that
may be due and payable, as aforesaid,
after the first day of July, eighteen hun
dred and sixty-two, the said duty of three
per centum And n list or return shall
be made and rendered within thirty days
after the time fixed when such dividends
or sums of money shall be declared due
and payable, and as often rs every six
months to the Commissioner of Internal
Revenue, which shall contain true and
faithful account of the amount of duties
accrued, or which should acrrue from
time to time, as aforesaid, during the
time when such duties remain unaccoun-
ted for, and there shall be annexed to
every such list or return declaration,
under oath or affirmation, to be made in
form and manner as shall be prescribed
by the Commissioned Internal Revenue,
of the president, or some other proper
savings institution, or insurance company
respectively, thHt the same contains a
true and faithful account of the duties
which have accrued or should accrue, and
not accounted for, and for any default in
the delivery of such list or return, with
such declaration annexed, the bank, trust
company, savings institution, or insurance
company making such default shall forfeit,
as penalty the sum of five hundred
dollars.
SeC. 90. Auu w " luItner euActeui InaI
any person or persons owning OF possess
ing, or having the care or management Of
any railroad company or railroad corpora
tton, bank, trust company, savings institu-
ton, or insurance company heretofore
mentioned, required under this act to make
and render any list or return TO the Com
missioner of Internal Revenue, shall, upon
rendering the same, pay to the said Com
missioner of Internal Revenue the amount
of the duties due on such list or return,
and in default thereof shall forfeit as pen
atty the sum of FIVE hundred dollars; and in
case of neglect and refusal to make such
list or return as aforesaid, for the space OF
Thirty days after the time when said list
| should have been made and rendered, or
when said duties shall have become due
aud payable, the assessment and collection
shall he nnda acnnrdinR to the general nro-