The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1862-11-26

some OF the roads may be locateu WhVliy
or in part within other collection dis
tricts.
The per centage is to be paid by rail-
roads on receipts from transportation OF
troops, as well az from any other class OF
passengers.
e u 10. 27--IN REGARD TO AUCTIoEEERs.
A regularly licensed auctioneer can
sell the goods of a licensed dealers
store: but he can not sell the goods,
wares, &C., Of an unlicensed dealer, who
is subject TO a license tax, at his Qhe
dealer's) place OF business, without being
subject TO the penalty.
An auctioneer can sell such goods as
are not usually included in the stocks of
dealers, wherever such goods may be
situated, without taking special license
therefor.
NO. 2S--sTAMP TAX ON EXPRESS RECEIPTS.
The item marked Express on page
SO of the Excise Law, was not intended
to embrace the freight business on rail-
roads and ordinary wagoners, but is lin
tied 10 persons who are express carriers
and not merely common carriers, under
the law. The distinction is very well
known in practical business. The ex-
press carrier is usually expected to take
parcel. box or bundle from the house or
place Of business Of the consignor TO the
house or place of business Of the con-
signee, while railway company receives
and delivers goods only at its own sta
lions.
In the absence of specific language in
Ahn 81 yt,,,, I,-c,, 4
struction, must hold, that that persons
and companies engaged in transporting
goods over the country, as such business
is usually performed by railway corpora
tiOns, are not liable TO the payment of
stamp tax, upon the receipt given for such
goods. | am also of opinion, that the
first item in schedule B, does not include
such receipts for freight as are usually
given by railway companies.
A receipt is no doubt in technical
sense, an agreement or contract, but in
the ordinary use of language, this close
construction does not hold Had Con-
gress intend to include receipts it would
have been easy to have SO provided in
plain language.
no, 29--IN REGARD TO INSURANCE COM
PAETEs.
/. Each insurance policy, whether fire
or marine, must be stamped
2. An open policy will require but one
stamp, where the risks, entered under
such policy, are all upon property ship
ped by or consigned or belonging to the
policy holder.
3. Whenever certificates or other evil
dences OF insurance, are issued by the
holder Of an open policy, every such pa
per must bear an appropriate insurance
stamp.
4. Whenever an insurance company
refunds TO the holder of an open policy,
any part of the premium, because the
policy has not been used in full, the
amount so refunded may be deducted
from the premium received during the
quarter, and the tax to the government
may be paid upon the remainder. Pro-
Tded, That this regulation shall not APP
ply TO money so refunded, on which the
tax to the government shall not have
been previously paid.
5. Dividends paid by mutual insurance
companies, in scrip or money, to the in
sured, upon expiring or expired policies,
are subject TO tax of three per cent,
under sec, 50.
6. The agents of insurance companies,
located within the United States, are not,
in consequence of such agency, CONNER
eial brokers, nor do they appear to be
taxable under the law. Foreign agents
are taxable under sec. IS.
NO. 30--N REGARD TO STAMPS UPON M
sTRUMENTs.
In cfon,n;nO nroYn;esoru rotoa -, atLo.
instruments requiring stamps, under the
provisions of the excise law two or more
of q smaller denomination may be used
in numbers sufficient to amount to the
sum of the stamp required; Provided
that they are of the kind denominated for
the kind of instrument TO which the
stamps are applied.
CERTIFICATES.
A stamp will be required upon every
certificate which has, or may have, a legal
value in any court of law or equity.
Certificates, warrants, orders, and
drafts, by one State officer upon another,
for the purpose of carrying on the inter
nal business of the government, are not
subject 10 stamp tax.
The same rule applies to the certifi-
Gates, orders, &c, of county, city and
town officers.
Messages transmitted by telegraph and
railroad companies over their own wires,
on their own business, for which they
receive no pay, are not taxable.
no, 3l-EXTRACT FROM AN ACT PASSED AT
THE SEC ND SESSION or THE 37TH CON-
oREss, CHAPTER 1863, sRCTIoN "a, AP-
PROVED JULY 49, 1862, RELATING TO THE
VALIDITY or UNsTAMPED INSTRUMENTS
EXECUTED PREVIOUS To JANUARY /,
1866
SEC "a And be it further enacted, That
in the 95th section OF the act entitled,
"An act TO provide internal revenue to
support the government, and (to) pay in-
terest on the public debt approved July
LIST, 1862, be so amended that no instru-
ment, document or paper made signed or