The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1862-07-19


AND INSURANCE. COMPANIES.
Sec. 80. And be it further enscted, That on and
after August l, 1862, there shall be levied, col.
lected, and paid by all banks, trust companies,
and savings institutions, and BY all FIRE, marine,
life, inland, stock, and mutual insurance compa.
MES, under whatever style or name known or
called, OF the United State or Territories, soc.
cially incorporated or existing under general laws
or which may be hereafter incorporated or exist
as aforesaid, on all dividends in scrip or money
thereafter declared due or paid to stockhold-
ere, to policy holders, or to depositors, as part
OF the earnings, profits, or gains of said bank,
trust companies, savings institutions or insur.
ance companies, and On all sums added to their
surplus or contingent funds duty of three per
centum: Provided, That the duties upon the
dividends Of life insurance companies shall not
be deemed due, or be collected, until such divi.
dends shall be payable by such companies. Aud
said banks, trust compaaies, savings institutions
and insurance Companies, are hereby authorized
and required to deduct and withhold from all
payments made to any person, persons, or party
on account of any dividends or sums of money
tfat may be due and payable, as aforesaid, after
August l, 1862, the said duty or sum of three
per centum. And list or return shall be made
and rendered within thirty days after the time
liked when euch dividends or sums Of money
shall be declared due and payable, and as often
% every six months, to the Commissioner Of In
ternal Revenue, which shall contain . true and
faithful account of the amount of duties accrued
or which should accrue from time to time, as
Aforesaid, during the time when such duties re-
manned unaceounted for, and there shall be an.
nexed to every such list or return declaration
under oath or affirmation, to be made in form
and manner as shall be prescribed by the Com.
missioner Of Internal Revenue, of the president
or some other proper officer of said bank, trust
company, savings institution, or insurance com
pany, respectively, that the same contains 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 dec laration annexed, the
bank, trust company, or insurance company ma
king such default shall forfeit, as penalty, the
sum OF $500.
Sec. SO. And be it further enacted, That
any person or persons owning or possessing, or
having the care and management Of any railroad
company or railroad corporation, bank, trust
company, savings institution, or insurance com.
pany, as heretofore mentioned, required under
this act TO make and render any list or return to
the Commissioner Of Internal Revenue, shall, up.
on rendering the same, pay to the said Commits.
sioner Of Internal Revenue the amount of the
duties due on such list or return, and in default
thereof shall forfeit as q penalty the sum Of
$500; and in case of neglect or refusal to make
such list or return as aforesaid, or to pay the du
ties % 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 and payable, the assessment
and collection shall be made according to the
general provisions heretofore prescribed in this
act
Sec. 81. And be it further enacted, That on
the frst day of October, Ammo Domini 1862,
and on the first day Of each quarter of year
thereafter, there shall be paid by each insurance
company, whether inland or marine, and by each
individual or association engaged in the bust
ness of insurance from loss or damage ty fire,
or by the perils of the sea, the duty of three
per centum upon the gross receipts for premiums
and assessments by such individual association
or company dnring the quarter then preceding;
and like duty shall be paid By the agent Of any
foreign insurance company having an Office or
doing business with the United States
Sec IS. And be it further enacted, That on
the Let day Of October next, and on the first day
of each quarter thereafter, an account shall be
made and rendered to the Commissioner Of In.
their agents, or associations or individuals ma.
king insurance, except life insurance, including
agents of all foreign insurance companies, which
shall contain q true and faithful account of the
insurance made, renewed, or continued, or in
dorsed upon any open policy, by said companies,
or their sgents, or associations, or individuale,
during the preceding quarter, setting forth the
amount insured, and the gross amount received,
and the duties accruing thereon under this act;
and there shall be annexed to and delivered with
every such quarterly account On affidavit, in the
form to be prescribed by the Commissioner of
Internal Revenue, made BY one Of the officers Of
said company or association, or individual, or
by the agent in the case of foreign company,
that the statements In said accounts are in all
respects just and true; and such quarterly 90.
counts shall be rendered to the Commissioner of
Internal Revenue within thirty days after the
expiration of the quarter for which they shall
be made up, and upon rendering such account,
with such affidavit, % aforesaid, thereto annex.
ed, the amount Of the duties due BY such quar-.
terly accounts shall be paid to the Commission.
CT Of Internal Revenue; and for every default in
the delivery of such quarterly account, with such
affidavit annexed thereto, or In the payment Of
the amount Of the duties due BY such quarterly
account, the company, or agent, or association,
or individual making such default shall forfeit
and pay, in addition to such duty, the sum Of
900. a*s
SALARIES AND PAY OF OFFICERS AND PRISONS In
THE SERVICE OF TIE UNITED STATES.
Sec. Sc. And be it further enacted. That on
and after the first day Of August, 1869, that
there shall be levied, collected, and paid on oil
salaries of officers, or payments to persons in the
civil, military, naval, or other employment OF
service of the United States, including Senators
and Representatives and Delegates in Congress,
when exceeding the rate OF $500 per annum, q
duty of three per centum on the excess above
the said $780, and it shall be the duty Of all pay
masters, and al disburaiug officers, under the
Government of the United States, or in the EN-.
ploy thereof, when making any payments to Off
GERS and persons a. aforesaid, OF upon settling
and adjusting the accounts Of such officers and
persons, to deduct and withhold the aforesaid
duty of three per censum, and shall, at the same
, time, make . certificate stating the name Of The
officer or person from whom such deduction wa
, made. and the amount thereof, which shall b,
, transmitted to the Office of the COMMISSIONS
of Internal Revenue, and entered - part of tn,