The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1862-08-07

any Cexeep much thereof as relates 10 tho sooc
ton 9pd apfQntmepf u depugiaries) and any-une
be and The same are hereby repealed
Sec, 90. And b frn1er aRactri, That there shuIl
bo levied, collected, end paid annually upnn the an
nual gains, proatl or inooine Of every pefeon rosd
ing IN the nited States whether derived nom nny
kind % PROPERTY rehts interest dyiisnds sslaf{ef
OF from any profession, trade, employment. or ypca
ti0n carried Oh h the United States or csewhcre or
toln ans o.her source whatever, ekocpt a. herein.
after mentioned, II such annual gains, profits OF To-
como exceed tho sum OF hundred dollars ana DO
not exceed the sum II ten thousand dollars, duty oi
three per oentuul on the amount OF sneh un nn VA s
! hundred dollars II said income oNneeds The sum OF
ten thousand dollar,a duty Of avo per oenium upon
/ the amount thereof exceeding six hundred dollars
and upon the annua, gains prohtssr inoome, ronts,
and dividends accruing upon any operty, securities
and stocks ownej In The United States, by any CHI
zen of the United States residing abroad except as
] hUrenaiitr mentioned, and not In The employment
Of the Govrrnmcnt Of tho uuiicd States there shall
be levied, COLLECTED, and paid, duty Of nvc per
Soc ol. And BE- Il HirtAer ,.acci That IN estimating
said anaaa "a ans, profits uF uuJme wheiher subject
20 duty a. provided in this act " three per cent
um, or ol hvo per centum al other nationa State
aud local taxes lawfully assessed upop the property
or other sources u income ol any person aiorc.
said, from which sad spnuai gsins pr0ai- y inosHs
Of such person Is should be derived shan be arst
/ deducted from the gains, prpnta, or ueome Of the
person persons whu actually pay The sane, wheth-
er owner or tenant ,and a gains, pFohts, or income
| derived from saats u officers, or payments To
persons IN the civil military, naval other service
Of the United states, ncuing aen.tors, representa-,
tives and delegates Ia Congress above ak hundred
dollars or derived from interest or dividends on
stock, capital deposits IN any bank trust company
savings institution. Insurance gas bridge, express,
or 65r,ortldn or or any bonds bf other evidences
| Of indebtedness Of any railroad company or other
corporation which shall have been assessed and paid
by said banks, trust companies savings natltntions,
| insurance, gas bridge telegraph, steamboat, ferry
boat uxpfess Or railroad eompanios, as Aforesaid or
deriyed from advertisements, OF on any articles man
ufionrcd, upon which speuiin, stamp ~ ad vaorem
dutes shall have been directly assessed or paid, shall
also be deducted and The duty herein provided Tor
shall be assessed and collected upon the Income for
the year ending the thirty st day Of December next
preceding tho tlmo t1r leyyig Autcolleotlag said du
~ that 70 say, on the nrst DAY OF Nay, eighteen
hundred and sixty ytmeei aud IN each year Thereafter
Poridsd Thai upon such p0rono Of said gains, pToats
or Income, wliter subject 70 a duty az provided IN
this act. Of three por eentnnl or i've per conlpmi
bombs or nther secnri,ir OF the United states there
shall be levied collected and paid duty not exceed
ing and on9.haH Of one per centurn anything 10
tbs act TO the contrary notwithstanding ..-tayb
Sec. o. fhd be'a drtbor enacted, That the duteson
incomes kercn imposed shall be due and payable on
before tue thrteth day Of June, In the year eigh
teen hundred and sixty throo and IN each year there
after until and including the year elghteon hundred
and sixty SIX and no longer and 70 any sum or sums
annually due and unpaid for hirty days after the
thich OF June as Aforesaid aud for ten days after
demand thcreof by The collector thefo shall be levied
in addition thereto the sum Of i've per centun on the
amount OF duties unpaid as penalty ,gNoepf nom the
q
person persons, or party liable % pay such duty,
shall neglect refuse pay the same, the amount
due shan be lien IN mvor Of the United states, nom
the time 1t due until paid with the inloroat,
penalties, aud ooss that may accrue in addition
thereto upon all the property and rights 20 properly
stocks, securities, and debts OF every description
scssed or levied shsl have accrued or may or should
accrue and in default OF tho payment OF said duty
for the space Of thty days after tho same shall have
become due and be demanded M aforesaid, said lien
may be enforced by disIraint upon such property,
rights toprOperty, stocks securities and evdenc Of
debt by whomsoeveT holden and for this purpose the
Cnmmss Of Internal Revenue pom tho certificate
of tho collector deputy collector that said duty
Is due und unpaid fur the space OF ten days after no
tice duly given OF the levy of such duty, shall ssue
a warrant In form and manner 10 be prescribed by
said Commissioner OF Internal Revenue, under the
directions Of the Secretary OF the Treasury aud by
virtue OF such warrant there may be levied On such
property, rights 10 property, stocks, securities and
evi ienCcs ,d debt, further sum, 70 De liked and
stated IN such warrant, over and ABOVE the said
nual duty, interest, and penalty for nOn-payment,
sufficient ior tho fees and expenses Of such levy. And
30 all cases OF sale AS aoresad The certificate or such
sale by the collector deputy colo Tor Of the aale,
shall give uto 70 the purchaser, OF all right, title,
and interest Of such delinquent Ia and 70 such prop
erty whether tha property be real Or personal and
where tho auhieCt OF sale shan be stocks, the
hRcate OF said sale shall 10 lawful authority and no.
toe 20 the proper cooperation, company, or asOUia-
tion 10 record the same on the booka o. records 10
the same manner 10 transferred or assigned by the
per on or par huldpg the same, 10 Issue Ger.
tacates OF sto therefor In lieu Of any original or
brior rurtil HteH which ahall be void whether
teed or not and said certificates Of sale Of the col
ector or deputy collector, where the subject o. sale
sha be securities or 9th evidences of debt, shall be
good and valid receipts 10 tho person or party holding
lhe same against any person or persons other
party holding or claiming 10 hold possession OF such
| teouriues or other evidences uf debt ..
7 Sec Q3 and be Il further enacted That Il shall be
tho duty Of all pors6ns u lawful ago and an guardians
and truiocs, whether such trustees by virtue
| Of their ONCE as executors administrator, other
hduCiary capacity 10 make return ln the s sched.
ydUQ this act, to tne officer of
informal revenue Of the amount Of bis or her income
| or the income OF such minors or persons as may be
\ held In trust Aforesaid according 10 the require.
ments here nbefOre stated, aud u of neglect or
refusal 10 make such return, the assessor or assistant
shAl assess the amount Of bis her income,
aud proceed thereafter TO collect the duty thereon n
the same manner provided Tor IN other cases Of
neglect and refusal 70 mrush lists schedules in the
gene7al n novisOns Of This act whore not otherwise
Incompatible and tho assistant assessor may Increase
the amount of the list Feturn or of any parry max
ing such return, II he shall be fatsned that the same
| 4 understated Proridsd That any party ia his or
her behalf or as guardian or trusioo a. aGresld
shall be permitted 10 declare, under oath or afrma
| ton, the form and manner u which shall be pre-
| scrbed by the COmmissi,ntr OF Internal Revenue
that he or she not possessed OF an income Of ak
hundred dollars liable TO be assessed according 10 tho
provisions Of this act, on th ho or she has been
| ssssed elsewhere and the SAME year for an income
| d.ty under authority Of the United States, and shall
horoupon ba exempt from an income duty, or n the
list return Of any PARTY shall nave been Increased
| she may be permitted 4, declare ms Aforesaid the
amount of bis hor annual Income, or the amount
hold ia trust A. aforesaid liable 10 BE- assessed as
The sum upon which duties afe 70 Do assessed and
| collected,
STAMP DUTIES
s,sa o. dad bd a Jiuiher eHaoioi That on and aner
the arst day u October eighteen hundred and sixty
two thcre shall be levied, collected and paid fof and
in respect Of the several instrumeuts, matters AID
things mentioned aud described in The schodue
thC yellum, parchment OF paper upon which such in
strumouts matters 0r things or any o. them, shall
be written or printed, by any person W persons or
party who shall make, sign, issue The sams or f0r
Wh1se use Or bencnt the same shalt be made signed
or Issued Che several duties or sums Of m0ney sci
down IN dgrrs against The same, respectively, or 9th
erwsc specified Or sot forth 10 The said schedule.
See a5. and BE- I. 6iyih9 0iaoisd, That " any per
son persons shall make s'gu or issuo or cause q
be made sirued or issued, any inatrument document
or paper Of any kind or description whatsoever With
ont Tie same being duly stamped for denotng ne do
tyheroby impoted thereon, or without haFipE there
| upon adhesive stamp 10 denote said duty, sucl
| person or pars0ua, shall incur penalty OF nty Dol
ars, aud such Instrument, document or papor A. a1re
| said, shall be deemed Invalid and Of no effect.
| 6cc 90. And be q oulisr enaoted That no stamp ap
proprated 90 denote the duty charged ON any parlc
uar instrument, and bearing ~ nlme OF such nsiru
mcnt on the ico thereof shall be used for deuOtin
any othor dny u the ano amount br u 90 used th
same shall be OF no avail.
Sec o. Aud b 4 0ytler enacied That no vclinm
! parchment Or lapert bearing stamp apPropnuod o
name 70 any particular inEtrimunt shan b. uaod 70
any other purpose or so uspi uie same shall Do
| no avail
500 ss And b. q lnrilsr ssast,d That II any pei
con shall forge Or counterfeit, or causo procure
, be forged or conutOrcItcd any stamp or de OF an
| part uf any stamp OF die which shall have been pr
ydoJ, made, or used n plrsuaaCo Of his act Or sha
forge counterfeit or resemble cause OF procure
be- forged, oolulcrlted or rosambed The impros ui
or any part Of The impression of any such STAMP
die u aioresaid, uInu any vellum parchment of u
per, or shall stamp or mark or cause or pr0cur0 %
stamped 0r marked, any vellum parchment or papo
with any such forged Ur c0untcrf0ted stamp or %
part ui any stamp or dto a. Aforesaid, ulth nte
;. 70 doiraud ho United States on any OF the dut
e hereby Imposed ~ any rar Thereof ur II any psrs