Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1862-07-11

accounted for, and for any default in the making
or rendering of such list or return, with the dec
lamtion annexed, as aforesaid, the person or per
sons owning, possessing, or having the care or
management Of such railroad company or railroad
corporation, making such default, shall forfeit as
penalty, the sum Of five hundred dollars; and
In case of any default in making or rendering said
list or Of any default in the payment of the duty,
or Of any part thereof accruing or which should
accrue, the assessment and collection shall be
made according to the general provisions Of this
act.
BANKS, TRUST COMPANIES, SAVINGS INsTITU-
TT0Ns, AND INSURANCE COMPANIES.
SEC 80. And be IL further enacted, That on
and after August 1, 1862, there shall be levied,
collected, and paid by all banks, trust compa-
nes, and saving institutions, and by all fire
marine, life inland, stock, and mutual insu-
rance companies, under whatever style or
name known or called, of the United States or
Territories, specially incorporated or existing
under general laws, or which may be hereafter
incorporated or exist as aforesaid, on all divi-
dends in scrip or money thereafter declared
due or paid to stockholders to policy holders
or to depositors, as part of the earnings, prof
its, or gains of said banks, trust companies
savings institutions, or insurance companies
and on all sums added to their surplus or con-
tlngent funds, n duty of three per centum !:
Provided, That the duties upon the dividends
of life insurance companies shall not be deem
~ VI bC NOliNCttNl, ulllD SutH ulNNutUOS
shall be payable by such companies. And
said banks, trust companies, savings institu-
tlons, and insurance companies are hereby au-
thorlZed and required to deduct and withhold
from all payments made to any person, per-
sons, or party, on account of any dividends or
sums of money that may be due and payable,
as aforesaid, after August 1, 1862, the said duty
or sum of three per centum. And list or re-
turn shall be made and rendered within thirty
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or sums of money shall be declared due and
payable, and as often as every six months, to
the Commissioner of Internal Revenue which
shall contain a true and faithful account of the
amount of duties accrued or which should ac-
crue from time TO time, as aforesaid, during
the time when such duties remain unaccount-
ed for, and there shall be annexed to every
such list or return a declaration, under oath
or affirmation to be made in form and manner
as shall be prescribed by the Commissioner of
Internal Revenue, of the President or some
other proper officer of said bank, trust COM
pany, savings institution, or insurance compa-
ny, 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 declaration annexed,
the bank, trust company, or insurance compa-
ny making such default shall forfeit as a pen
atty the sum of $500.
Sec. 83. And be it further enacted, That
any person or persons owning or possessing,
or having the care or management of any
railroad company or railroad corporation,
bank, trust company, savings institution, or
insurance company, as heretofore mentioned,
required under this act to make and render
any list or return to the Commissioner of In
ternal Revenue, shall, upon rendering the
same pay to the said Commissioner of Inter
nal Revenue the amount of the duties due on
such list or return and in default thereof shall
forfeit as penalty the sum of $500 and in
case of neglect or refusal to make such list or
return as aforesaid, or to pay the duties as
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 gen
eral provisions heretofore prescribed in this
act.
SEC. 81. And be it further enacted That
on the first day of October, Ammo Domini 1862,
and on the first day of each quarter of year
thereafter, there shall be paid by each insur-
ance company, whether inland or marine, and
by each individual or association engaged in the
business of insurance from ,oss or damage by
fire by the perils of the sea, the duty of three
per centum upon the gross receipts for pre-
miums and assessments by such individual as
socation or company during the quarter then
preceding; and like duty shall be paid by the
agent of any foreign insurance company hav-
ing an office or doing business within the Uni
ted States.
Sec. S5. And be it further enacted, That
on the LIST day of October next, and on the
first day of each quarter thereafter, an account
shall be made and rendered to the Commits
sioner of Internal Revenue by all insurance
companies, or their agents, or associations or
individuals making insurance, except life in
sursnce, including agents of all foreign insur-
ance companies, which shall contain true and
faithful account of the insurance made, re
newed, or continued, or indorsed upon any
open policy, by said companies, or their agents,
or associations, or individuals, during the pre-
ceding quarter, setting forth the amount insur-
ed and the gross amount received and the
duties accruing thereon under this act; and
there shall be annexed to and delivered with
every quarterly account an 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 case of foreign company,
that the statements in said accounts are in all
respects Just and true; and such quarterly ac-
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 ac-
count, with such affidavit, as aforesaid there
to annexed, the amount of the duties due by
such quarterly accounts shall be paid to the
Commissioner of Internal Revenue; and for
every default in the delivery of such quarter
ly account, with such affidavit annexed there
to, or in the payment of the amount of the
duties due by such quarterly account, the COM
pany, or agent or association, or individual
making such default shall forfeit and pay, in
addition to such duty, the sum of $1,000.
Salaries and Pay of Officers and Per-
sons i'm the Service of the u. y.
SEC. sc. And be it further enacted, That ON
and after the first day of August 1862, there
shall be levied, collected, and paid on all sala-
ries of officers, or payments to persons in the
civil, military, naval, or other employment or
service of the United States, including Sena-
tors and Representatives and Delegates in
Congress, when exceeding the rate of $500 per
annum, duty of three per centum on the ex-
cess above the said 5000; and it shall be the
duty of all paymasters, and all disbursing Of
fcers, under the Government of the United
States, or in the employ thereof, when making
any payments to officers and persons as afore-
said, or upon settling and adjusting the ac-
counts of such officers and persons, to deduct
and withhold the aforesaid duty of three per
centum, and shall, at the same time, make a
certificate stating the name of the officer or
person from whom such deduction was made