Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1863-03-17
TUESDAY MORNING, MARCH II. 1868.

its agents, or by any other company or person in
which the premium or assessment shall not eX-
coed ten dollars, ten cents, O0)
On any bill Of sale by which any ship or YES
sci, or any part thereof, shall be conveyed to or
vested in any other person or persons when the
consideration shall not exceed five hundred dol
lars, there shall be affixed stamp or stamps de-
noting duty of twenty-five cents, (2j
If the consideration exceeds five hundred and
does not exceed one thousand dollars, the duty
shall be fifty cents, (50)
Ii the consideration exceeds one thousand dol
lars, for each and every additional amount of one
thousand dollars, or any fractional part thereof,
in excess of one thousand dollars, the duty in
addition shall be fifty cents, (50.)
On each and every assignment or transfer of a
mortgage, lease, or policy of insurance, a stamp
duty shall be paid equal to that imposed on the
original instrument
Any power of attorney, conveyance, or docu-
ment of any kind made, or purporting to be
made, in any foreign country to be used in the
United States shall pay the same duty as is re-
quiTed by law on simil II instruments or docu.
ments when male or issued in the United States;
aud the party TO whom the same is issued or by
whom it is to he used, shall, before using the
same, affiX thereon the stamp or stamps indicat-
ing the duty required.
ANY mortgage or personal bond for the pay
ment of money, or as the securi y for the pay
ment of any detinic or certain sum OF money
IN lieu of the duties imposed as prescribed in
schedule Is, following the one hundred and
tenth section, shall have Il stamp or stamps at
fixed thereon, denotiug duty upon every sum
of two hundred dollars, or any fractional part
thereof, of ten cents (10).
No conveyance, deed, mortgage, or writing,
whereby any lands, tenements realty, or other
property, shall be- sold, granted, assigned,
or otherwise conveyed or shall be made
as security for the payment of any sum
of money, shall be required to pay Il stamp
duty of more than the sum of one thousand
dollars, anything to the contrary notwithstand-
ing.
No stamp duty shall be required on powers
of attorney, or any other paper relating to ap-
plicatons for bounties, arrearages of pay, or
pensions, or to the receipt thereof from time to
time; or indemnity awarded for depredations
and injuries by certain bands of Sioux
Indians; nor on any warrant of attorney ac-
cOmpanying a bond or note, When such bond
or note shall have affixed thereto the stamp or
stamps denoting the duty required; and when
ever any hond or note shall be secured by a
mortgage, but one stamp duty shall be required
TO be placed on such papers: Provided, that the
stamp duty placed thereon is the highest rate
required for said instruments, or either of them;
nor On certificates of the measurement or weight
OF animals, wood, coal or other articles; nor on
deposit notes to mutual Insurance companies
for Insurance, upon which policies subject TO
stamp duties have been or are TO be issued;
nor on any certificate Of the cord of Il deed
or other instrument in writing, or of the ac-
knowIedsment Or proof thereof by attesting
witnesses.
The duty or stamps require for transpt ration
by express companies and others, is hereby re-
pealed and such transportation shall lie exempt
from stamp duty.
That the stamp duty on contract or agree
ment for the charter of any ship, or vessel, or
steamer, as now provided for in schedule b, or
any letter, memorandum, or other writing be-
tween the captain, master, or owner or person
uS nj uttU oh in nrN
err, and any other person or persons for or relat-
ing TO the charter of such ship, or vessel, or
steamer If The registered tonnage of such ship, or
vessel, or steamer does not exceed one huldIcd
and fifty tons, shall be one dollar, (Sl)
Exceeding one hundred and fifty tons and not
exceeding three hundred tons, three dollars, (3)
Exceeding three hundred tons and not exceed
ing SIX hundred tons, five dollars, Is
Exceeding blk hunirel tons, ten dollars, (10.)
Sect. Z. And be it fur her enacted, That the
Commissioner of Internal Revenue be and he is
hereby authorized to prescribe such method for
the cancellation OF stamps as a substitute for or
III addition to the method now prescribed by law
as he may deem eXpedienT and ctiectual. And
he is further authorized in his discretion to make
the application OF such mcthod imperative upon
the manufactures OF proprietary articles, and
upon stamps of nominal value exceeding TWEEN
ty-tiVe cents each.
Sect. s. And be it further enacted, That on,
and after the passage of this act any person or
PURSUITS OWuIlS OF possessing, or having the
cares Or management of any canal company or
canal navigation or slack-water corporation, or
turnpike companies, being indebted for any sum
or sums of money for which bonds or other evil
denceS of Indebtedness have been issued, payable
in one or more years after date, upon which in
terest is or shall be stipulated to be paid or
coupons representing the interest, shall be or
shall have been issued to DO paid; and all divi-
dends in scrip or money, or sums of money
thereafter declared due or payable to stockhold-
ers of any canal navigation, or slack-water or
turnpike company, as part of the earnings,
profits, or gains of said companies, shall be sub
ject to and pay a duty of three per centum on
the amount Of all such interest, or coupons, or
dividends, whenever the same shall be paid; and
said canal companies or canal navigatlo /, or
slack water corporations, or turnpike companies,
or any person r persons owning, possessing, or
having the care or management of any canal
company, or canal navigation or slack-Wdtor cor
poraton or turnpike company, are hereby author
lied and required to deduct and Withhold from all
payments made to any person, persons, or party,
after the first day ofJuy as aforesaid on account
of any interest or coupons or dividends due and
payable, as aforesaid, the said duty or sum of
three per centum and the duties deducted, as
aforesaid, and certified by the president or other
proper officer of said company or corporation,
shall be a receipt and discharge, according to tile
amount thereof of said canal companies or Ca
nal navigation, or slackwater corporations, or
turnpike companies, and the owners, posseSsors,
and agents thereof on dividends and on bonds
or other evidences of their Indebtedness upon
which interest or coupons are payable holden by
any person or party whatsoever, and Il list or re-
turn shall be made and rendered within thirty
days after the time fixed when said interest or
coupons or dividends become due or payable,
and as often as every six months, to the commits
soner of internal revenue, which shall contain
true and faithful account of the duties received
and chargeable, as aforesaid, during the time
when such duties have accrued or shall accrue,
and remaining Unaccounted for; and there shall
be annexed to every such list or return deca-
ration, under oath or affirmation, in manner and
form as may be prescribed by the commissioner
of internal revenue, of the president, treasurer,
or some proper officer of said canal company or
canal or navigation aud slack-water corporation
or turnpike companies, that the same contains
true and faithful account of the duties 50 with
held and received during the time when such du-
ties have accrued or should accrue, and not ac-
counted for; and for any default in the making
or rendering of such list or return, with the de-
claration annexed as aforesaid, the person or
persons owning, possessing or having the care
or management OF such canal company or canal,
navigation or sack-water corporation or turn
pike companies, making such default, shall for
felt AS a penalty the sum of five hundred dol
lars: and in case of any default in making or
rendering said list, or of any default in the pay
ment of the duty, or any part thereof atcrulng or
which should accrue the assessment and collec-
ton shall be made according to the general pro-
visions of the act to which this act is an amend
ment.
SECT. 9. And be it further enacted, that any
person or persons, firms, companies, or corpora
lions owning or possessing, or having the care
or management of any lerry-boat or vessel used
as ferry boat, propelled by steam Or horse pow
ar in lien of the duties now imposed by law