Charles City Republican intelligencer. [volume] (Charles City, Iowa) 1861-1864, 1862-08-07

cents. ......... Observation-Disclosures. D
LEGACIEs AND DtsrEIDUTIvE SHARES OF PER
sONAL PROPERTY.
Sec Ill And bc it further enacted. That
any person or persons having in charge or
trust, ms administrator. executors, or trustees
Of any lcgaCiCs or distributivc shares arising
from personal property, OF any kind whatsocv-
CT, where the whole amount of such personal
property, us aforesaid, shall exceed the sum of
one thousand dollars in actual value. passing
from any person who may die after the pass
age of this act possessed of such property.
either by will or Icy the intcStatc laws of any
state OF Territory, or amy part of such proper
ty or interest therein transferred by deed
grant, bargain, sale, or gift, made OF intended
To take effect in possession on enjoyment after
the death of the grantOr or blrgaincr, TO any
person or persons, or to any body or bodies
polite or corporate, nj trust or otherwise, Shall
bc, and hereby are, made subject to n duty or
tax, to he paid to the United States, as fol.
lows, that is to say:
First. Where the person or persons entitled
to any beneficial interest in such property
shall be the lineal issue or lincll ancestor.
brother or sister, to the person who died pos
scsscd Of such property, as aforesaid at and
after the rate of seventy five cents for,cach
and every hundred dollars of the clear value
OF such interest in such property.
Second. Where the person or persons Cnti-
tied to any beneficial interest in such property
shall be IL descendant of Il brother or sister of
the person who died possessed, rs aforesaid,
at and after the rate of one dollar and fifty
cents for each and every hundred dollars of
the clear value of such interest.
Third. Where the person or persons entitled
To any bcncfCiicial interest in such property
shall he n brother or sister of the father or
mother, or II descendant of a brother or sister
| of the father or mother of the person who died
possessed us aforesaid, at and after the rate of
three dollars for each and every hundred dol
lars of the clear value of such interest
Fourth. Where the person or persons cnt-
tied to any beneficial interest in such propcrty
shall he IA brother or sister of the grandfather
or grandmother, or Il descendant OF the broth
or or sister OF the grandfather or grandmother
OF the person who died possessed as aforesaid.
ut and after the rate of four dollars for each and
every hundred dollars Of the clear value of
such interest.
Fifth. Where the person or persons entitled
to amy beneficial interest in such property
shall bc in amy other degree of collateral con
sanguinity than is hcrciubcfDrc stated, or shall
he a stranger in blood to the person who died
possessed, rs aforesaid or shall be a body mol.
lite or corporate, at and after the rate OF five
dollars for each and every hundred dollars of
the clear value Of such interest: Provided.
That all legacics or property passing by will.
or by the laws of any State or Territory, to
husband or wife of the person who died pos
scSscd, as aforesaid, shall be exempt from tax
or duty.
Sec. 1l2 And be it further enacted, That
the tax or duty aforesaid shall bc q lien and
charge upon the property OF every person who
may die as aforesaid, until the same shall In,
tully paid to and discharged 10y the United
~ Tag Il
other person who may take the burden or
trust of administration upon such property
shall, after taking such burden on trust, and
before paying and distributing any portion
thereof To the lcgatccS or any parties entitled
to beneficial interest therein, pay to the col
lcctor or deputy collector of the district the
amount OF the duty or tax, as aforesaid, and
shall also make and render to the assistant
assessor Of the district SCcdulc list. or state
lncnt of the amount of such property, together
with the amount Of duty which has accrued or
should accrue thereon, verified by his cath
or affirmation, to Dc administered, and
cIrtiEci thereon 10y some magistrate or
officer having lawful power TO administer
such oaths, in such form and manner as
may be prescribed 10y the Commissioner OF In.
tcIhai Ecycnuc, which schedule, list, or state
ment snail contain the names of each and cv-
cry person entitled to any beneficial interest
therein, together with the clear value Of such
interest, which schedule, list, or statement
shall be by him delivered TO such collector ::
ana upon such payment and delivery of such
schedule, list, OF statement, said collector or
deputy collector shall grant to such person
paying such duty OF tax a receipt or receipts
Tor the same in duplicate, which shall be prc-
pared az is hereinafter provided such receipt
OF receipts, duly signed and delivered by such
collector on deputy collectors shall bc sufficient
evidence to cntitle the person who paid such
duty OF tax rs having taken the burden or
trust OF administering such property or per-
sonll estate To be allowed for such payment
by the person on persons entitled to the bcnc-
llcai Interest in respect to which such tax or
duty WAS paid; and such person administer
ing such property or personal estate shall bc
credited and allowed such payment by every
tribunal which, 10y the laws OF amy State or
Territory, is or may be empowered to decide
upon and settle the accounts of executors and
and in case such person who
las taken the burden OF trust OF administering
upon any such property or personal estate
shall refuse or neglect to pay the aforesaid
duty on tax To the collector or deputy collcc.
tor as aforesaid, within the time hcrcinbclorc
= rovidcd, on shall neglect or refuse to deliver
to said collector or deputy collector the sched-
ule, list, or statement of such lcgaccs, proper
w Oh personal estate under oath as aforesaid, |
or shall deliver to said collector or deputy col
hector Il false schedule or statement of such |
lcSaclcs, property, or personal estate or give |
the names and relationship of the persons en-
titled TO beneficial interests therein untruly. |
or shall not truly and correctly set forth and |
state therein the clear value of such beneficial |
interest, OF where 10 administration upon |
such property or personal estate shall have |
been granted or allowed under existing laws,
the proper officer of the United States shall |
commence such proceedings in law OF equity |
before amy court of the United States as may
DE- proper and necessary 10 enforce and realize |
lhe Hen or charge upon such property or per-
'oi;ii estate, or any part thereof for which
5uch tax on dltty i,ao not been truly and Just
y paid Under such proceedings the rate of
iuty on tax enforced shall be the highest rate
imposed or assessed by this act, and shall he
IA the name OF the United States against such
person on persons as may have the actual OF
constructive custody or possession of such
property or personal estate, on any part there
d. ana shall subject such property or personal
state, or amy portion OF the same, to he sold
ipon The Judgment or decree OF such court,
ma IRON the proceeds OF such sale, the
AMOUNT ol such tax or duty, together with all
'oSts and expenses OF every description To bc
allowed by such court, shall be FIRST paid. and
.he balance, sif any, deposited according to the
order OF such court, to be paid under its direc-
ioh To such person or persons us shall estab-
ish their lawful title 10 the same The deed