Arkansas true Democrat., 1862-02-20
No. HIl.

No. 3ll.
 AN ACT further supplementary to an act 10 au-
 thorize the issue Of treasury notes, and 70 pro'
 vide war tax for their redemption.
 SECTION l. The Cangress of the Confedefafe Sfa.es of Anerica dJ enact, That the seci etafs ei .no treasury is hereby authorized to pay oyer .o .I several banks, which have made advances 10 the government. :n anticipation of the issue ot trea- snrv notes. A sufficient amount, nft exceeding ten ,nliions of dollars for the principal, oi treasury notes ia nav the principal and interest due upon inc said advance, according to tue engagements made with them. this act is further supplementary, for making as- sessments is hereby extended to the hgst Gay oi January next; and the time for the completion and delivery of the lists is extended to the first day or February next; and the time for the return ot the said lists to the chief collector is extended to the first day of March next; and III cases ~hefe the time thus fixed shall be found insufficient, the sec retary of the treasury shall have power to make further extension as circumstances may require.
 Svc. g. The cash on hand, or on deposit in bank or elsewhere, mentioned in the fourth pection of said act s hereby declared to be subject to assess ment and taxation; and the money at ifterest, or invested by individuals i'll the purchase ot pills, rotes and other securities for moneys snail De deemed to include securities for money peiohShs i'd non residents, and such securities sfail be re- HU. trustee having the sahe in possession os under hls control. The term merchandise stall be construed to include merchandise belonging to any non-resi- dent, and the property shall be returned, ana the tax naid by any person having the same an posses sion as agent, attorney or consignee. 1fro'ioeo' that the words " money at interest, IS usea Ill the act to which this act is an amendment, small be so construed as to include all notes, or other evidences of debt, bearing interest without refer ence to the consideration of the same.. The eI- cen.ion allowed by the twentieth sectiof tor agr- cultural products, shall be construed tS embrace such products only when in the hands oi the pro. ducer or held for his account But no, tax snail he assessed or levied on any money at interest when the note, bond, bill or other security taken for it's naymeut shall be worthless from the insol- yency and total inability to pay ot ths payor or obliGor. or person liable to make such payment i; and all securities for money taxable fnder this act. shall be assessed according to their eaue, and the assessor shall have the same power to ascertain the value of such securities tha law conters upon him with respect to other property
 SEC 4. That an amount of nlVoey, not exceed inc twenty five thousand dollars shall be, and the same is hereby appropriated, out of any money in tho treasury not otherwise dppropriated,N ,No be dis hursad under the authority of the secretary of the treasury to the chief state tax collectors for such ovnansas as shall be actually incurred for salaries of clerks office hire, stationery and incldehtai charges: but the books and printing required snail he at the expense of the department, and subject to its approval .;
 SEC ,. The lien for the tax shall atsach from the date of the assessment. and shall tpllow the same into every State of this contederaty; and III ease any person shall attempt to remove any pro nerty which may be liable to tax, beyonddhe Jurls- dicton of the State, in which the tax # payable, without payment of the tax, tho collector Of the district may distrain upon and sell the same, Ill the same manner is provided In cases where de- fault is made in the payment of the tax.
 SEC (. On the report of any chief collector that any county town or district or any part there of is occupied by the public enemy, or has been so occunied as to occasion destruction of crops or property, the secretary of the treasury may sus pend the collection of the tax in such reGion until the same can be reported to Congress and it's ac ton had thereon
 SEC. z In case any of the Confederate States shall undertake to pay the tax to be collected with in it's limits before the time at which the district collectors shall enter upon the discharge Of ther duties the secretary of the treasury may suspend the appointment of such collectors, and may di rect tue chief collector to appoint assessors, and to take proper measures for the making and per fecting the returns assessments and lists required by law: and the returns, assessments and lists go made shall have the same legal validity, to all intents and purposes, as if made according to the provisions of the act to which this act is supple mentary.
 SEc s. That tax lists already given4 varying from the provisions of this act, shall be corrected so as to conform thereto.
 Approved Dec. l9, 1881.