Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1862-10-24
Cut this 0ut.

"h" a cV"Nut'tto VI sutNSW sotN o"hNS'
II will be found useful IN The business of
every man who draws check or signs a
note; preserve it,
/. Agreements or contracts other than
those hereafter named, for such sheet or
piece of paper upon which the same shah
be written, five cents e5
2. Checks, drafts, or orders for the pay
ment of money, payable at sight or on
demand for any sam exceeding $50. each
| two cents or
| 8. Inland bills Of exchange, drafts, checks
or orders drawn upon other places than
the place of issue. if payable at sight or
on demand, are subjsct 10 the same rate
Of tax, viz two cents OF
1. Inland bills OF exchange, drafts or or
orders for the payment Of money other
wise than at sight or on demand, and all
pcomissory notes on dem md or on time
/ (excepting bank notes) -
Exd'ng $50 and not ex'd'ng 500 oj
Ex'd'ng 500 and not ex'd'ng 5000 10
Ex'fng 5000 and not ex'd'ng $3.50 10
i Ex'd'ng $3.50 and not ex'd'ng $500 90
Ex'd'ng $500 and not ex'd'ng $3.50 so
Ex',fng $3.50 and not ex'dng $1,000 40
Exd'ng $1,000 and not exd'ng $500 Go
4 Ex'd'ng $500 and aot ex'd'ng S2500 l 90
Exd'ug S2500 and not ex'Grg $4,000 so
And for every additional S250o or part
of S25Oo. ore dollar 0G
). Foreign bills of exchange drawn out Of,
but payable in the United States, and all
such bills drawn in, butspsyabe out of
the United States, "when drawn singly
or Otherwise than in set of three or
more," and all letters of credit pay the
same rates of duty as in the proceeding
schedule.
6. Bills of exchange drawn ia, but paya-
bic out Of the United States, "if drawn
ia set of three or more" for every bill
of each SET, not exceeding $50, or its
equivalent. three oeats oS
Ex'd'ng $3.50 and not ex'd'ng $3.50 05
Ex'd'ng $3.50 and not ex'd'ng $500 10
Exiting $500 and not ex'd'ng Slo9o ls
Ex'd'ng $1,000 and not ex'd'pg $1,000 20
Ex'd'ng $1,000 and not exd'ng $500 80
Ex'd'ng S250o and not ex'dng $500 90
Ex'd'ng $500 and not ex'd'ng $4,000 20
Ex'dng $4,000 and not ex'd'ng $1,000 90
And for every additional $500, or part
thereof 80
Z. Bonds Of Indemnity, fifty cents 90
8. Certificates of stock in any Incorporated
il company, each twenty-five cents 25
! 9. Certificates of deposit of Bank, Trust
Company, banker or person acting as
! ! such, not exceeding sl00, two cents o.
: Exceeding 500, FIVE cents o.
!, 10. Power of Attorney
d For sale OF transfer of Stocks or Bonds, o
for the collection Of Dividends orsInter
i est, twenty-five cents q
It Or proxy for voting at an election ten cts Il
u For receiving or collecting rents 2
: General Powers-For all purposes othe
than those specified o,
! NoTE- General powers will not be vail,
r for the specific object above named, with
y out the addition of tae stamp required there
' for.
" IL. Protests, each, twenty five cents 2,
!. u. Tax on all Dividends, and on all sum
r added in Surplus or Contingent Funds
! Three per cent
" IS, Stamps issued for specific instrument
!, cannot be used for any other. (see SeC
e 96.)
l. IL. The person using or atiixing stam
must write thereupon the initials Of hi
!. name, and the date when used. (Sec. 90.
l. The penalty for making, signing, or is
't suing any instrument, document, or pape
= of any kind, without the same having there
4 on stamp to denote the duty, is fifty do
IS lars, and such paper will be invalid aud {
a no effect (Sec. 95.)
P The certifcation of checks, already du
!, ly stamped, viii require no additional stami
! for such certiication.
1t The stamp tax upon protests should b
L. added to the expense thereof.
y All dividends of coupons payable prio
: 10 or on Sept. 1, 1862, although paid afte
e that day, are exempt from the operations {
n the law.
n Checks dated, or payable ahead. are sub
( ject TO taxation as promissory notes.
\ Stamps are not required upon document
1t made prior to October LIST, 1862, except up
10 on foreign bills of exchange, which must b
d stamped on acceptance
:, The committee recommends, as a simpl
and convenient method, that the three cent
per cent. tax required upou dividends an
10 surplus profits be deducted by banks, i
!. gross from the net earnings before the dee
!, laration of dividends. Dividends then ID
a clared would be free from tax. The thre
Iv per cent thus withheld must be paid TO tn
y United States within thirty days from tn
b date on which such dividends are payabl'
r on penalty Of five hundred dollars for de
Of fault. (Sec. s2)