Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-03-14
AN ACT
To PROVIDE FOR THE PAYMENT OF THE WAR
TAX.

AN ACT
To PROVIDE FOR THE PAYMENT OF THE WAR
TAX.
SECTION I. Be It enacted bg the General Assem-
bly, Of The State Of Tennessee That the State here
by assumes and agrees to pay the war tax to be
assessed upon the property etc, of the people Of
the State OF tennessee, IN obedience to the pro-
visions of the act of the Congress Of the Confed-
crate States of America, approved August 10Th,
1861, and entitled an act to authorize the issue
of treasury notes, an5 to provide a war tax for
their redemption 5" and for the purpose Of carry
ing out the provisions Of this act, the Governor
Of this State is hereby directed and empowered
to issue and dispose of the bonds Of the State Of
Tennessee to a sufficient amount to pay said tax
similar in all respects to the bonds of the State
heretofore issued, except that one fifth Of said
bonds shall be payable one year after their date
one nth two years after their date, Oneffth three
years after their date, Oneffth four years after
their date, and one-ftth FIVE years after date !;
and should the war tax exceed two millions of
dollars bonds of like description shall be issued
TO meet such excess to mature at such time
thereafter that not more than four hundred thou
sand dollars of said bonds shall fall due for any
one year, all to be dated the first day Of April
1862 and TO bear interest at the rate Of eight per
centum per annum, payable semi-annuaLy at
such point as may be designated in said bonds
and said bonds shall be in denominations OF not
less than one hundred dollars, and not more
than one thousand dollars, to each of which
shall be attached coupons for the interest due
thereon.
SEC 2 Be It further enacted, That the faith
and credit of the State of Tennessee is hereby
pledged for the payment of said bonds and the
| interest on the same; and for the next five years
an annual tax Of ten cents on the hundred dollars
of property subject to taxation by existing laws,
and one-fourth Of one per centum upon the dol
L. q II 4.
bought in or out of the State, and ten cents on
the poll shall be assessed and collected as
special tax for the purpose Of paying said bonds
! and interest at maturity; PrODded, that
person who is the head of a family shall be re-
qUired to pay a tax under this act whose taxable
property does not amount to the sum of five
hundred dollars.
SEC 3. Be II farther enacted That all money
on hand or on deposit, in or out Of the State.
/ and all stocks in corporations which are not by
law forbidden, and all county and State bonds
shall be subject 70 taxation under this act
SEC. 4. Be Il further enacted, That the banks
| OF this State are hereby specially authorized TO
invest their means in said bonds, and said banks
purchasing any of said bonds shall have the priv
/ ilege OF CHASING bonds so purchased in the
| classification of their assets as specie funds
/ PTO0Udsd that the State shall have the right to
/ pay said bonds so purchased by said banks, in
their own notes; and pro5ided further, That all
the bonds issued under the provisions of this
act shall be free from State, county, corpora
| ton and other taxes in the hands Of individuals
or corporations.
| SEC. 3 Be It further enacted That the Cover
nor is authorized and requested to issue and ne
/ gOtiate said bonds ss soon as practicable for the
| treasury notes of the Confederate States of
America, and with such treasury notes to pay to
! the government of the Confederate States on or
before the first day of April, 1862, the amount Of
said war tax assessed upon the property Of the
people of the State of Tennessee, less ten per
| centum thereon, provided in the 24th section
of said act OF Congress, approved August 10Th,
1861, as aforesaid.
SEC 6. Be It further enacted, That revenue
collectors shall be entitled to receive for their
services in collecting this special tax only one
half of the commissions and fees allowed them
for collecting the general revenue Of the State
and counties.
Passed, March 10, 1862.
The Confederate Captive Generals InsuIt-
ed by a Yankee Mob.
The following extracts are taken from late
Northern papers. The reader viii receive their I
statements with due allowance for their p-ocivi-
ties TO falsehood:
From the Buffalo Courier February ~
A large crowd gathered at the depot last night |
~ WbuCoS Llt hli1fhi VI Ltlt I6Ucl gen
erals, Buckner and Tilghman. The train W hich |
brought them-the Lake Shore train, due here at |
i've minutes past siI-was delayed about half /
an hour, but the crowd did not diminish on that |
account so great was the desire TO see the fallen
chieftains When the train did ceme the most |
of the crowd rushed down to the rear car, in
which they were, and about a hundred out of
several thousand got passing glimpse of them.
We however exercised our repOrtOrial tact and
hox- found rr1fv vyhiah oar Of tho Nayv Korr
Central they were TO be transferred TO, took up
position on its platform, the whole vicinity be-
ing deserted by the eager multitude.
Iii there they come {" A squad Of armed
soldiers had made lane through the crowd,
and down between tho rows of loyal men stalk
the lwo traitors. Buckner steps first upon the
platforms tall, muscular, proud looking man.
dressed in gray military coat and wearing a.
genuine sOutherner's slouched felt hat. The
crowd see him now for the first time, and the
building rings with cheers for the Union and
groans and Kisses for all rebels. Buckner turns
and gives them one look, ike that of a SHARED
tiger upon his captors, in which more rage and
scorn were concentrated than we thought the
humane countenance capable Of, and passes into
the car.
Right after him comes Tilghmau, ia unity
dressed in a fatigue suit and foragiug cap, a
smaller man than Buckner, fair, with blonde
nustache, suavty aud politeness written in
every line of his face. A sh ut comes from the
crowd. Three grOsns for the rebel Tilghman"
He turns and lifts bis cap and bows and smiles,
as though appearing on balcony to answer
hattering serensde--then follows Buckner into
the car, and the crowd dispersed
And thus the captured rebel generals passed
through Buffalo
From the New York Herald's Albany correspondence
ALBANY, March 1.-The two rebel prisoners I
are yet comfortably located at Congress Hail 7
No train has yet departed on the Albany and =
Boston road since their arrival, owing to the :
detention OF trai IS by snow drifts The crowd 4
that hung around the hotel, anxious to get
view Of the prisoners, were dispersed by ruse il
that they had left. Il was not until this belief 3
was made general that a person could get into {
the hotel or out Of it without elbowing his way \
through a dense crowd Of excited people It is
quite probable that they will leave some time
so-day. c
Tighmsn appears the more socabe of the d
.wu. He Is pleasant and affable in bis manners f
% all who converse with him--a favor that no o
person is granted except those who are calledin Il
to see Col. Cuts, who remains con- T
stantiy in tho room with them, and does not il
cave them for q moment. Gen Plckner, on d
he other hand appears somewhat sour and ID