Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1863-05-27

products and income under their control and the payment
Of taxes thereon and shall be unidentified against and
every person for all payments account of the taxes
herein speced and shall be responsible for all taxes due
from the estates income MONEY or property in their pos
SEc 6 The income and moneys of hospitals, asylums,
churches schools and colleges shall be exempt from taxa
SIC H. That the Secretary Of the Treasury be- and heis
hereby authorized to make all rules and regulations
essa to the operation of this Act and not inconsistent
herewith
Sec 49, This Act shall be in force for two years after
the expiration of the present and the taxes herein i'm,
each year thereafter the manner and form herein pre-
scbed and for the said time Of two years. unless this Act
shall be sooner repealed: Provided The tax on naval
stores -four WOOL cotton. tobacco and other agricultural
fsss imposed IL section q this Act shall be levied
and collected only for the present year. .
Bill for the Assessment and Collection of Ya1es. .
bill under the above title has passed both Houses of
Congress II Is designed to gveesct to the above lag
ton The bill is very iOng~siirty live pages Below
Sec Creates an Office in the Treasury Department to
be called the Office of the Commissioner of Taxes the
salary of the Commissioner O0 He prepares under d.
recon of the Secret the instructions regulations d.
intends the execution Of the Tax law generally.
SEC. 2 Declares each State Tax Division to each is
appointed State collector who must be resident free
HOLDER bis salary to be tenth OF one per cent; On
amount of collected the State provided be not less
than $4,000 than $sOO0 State collectors to give
bond with sufficient surees and superntend the tax COL
See Each State colec.os to divide his State INTO
the counties tax DISTRICTS State collector
to appoint for each collection district district collector
whs shall be resident eehoder and shall assess, levy
and collect the taxes of his district.
SEC. 4. Requires collectors to give bond and security
SEC Authorizes district collector to subdivde his
district and appoint many assistants he may DESIRE
they being responsible to him. and he to the
The State collector shall also appoint hr each collection
district residents therein who shall
take oath without favor or Partially, to execute their
office.
SEC G. Requires all persons associations liable to tax
to make return under oath or and at tue times
and according to the forms which may be prescribed of
all property income de-, on which tax ordered to be
SEC T. Enoins gent discharge of duty on the part of
the collectors aud assessors.
SEC 8. Requires collectors to make taxable lists
when properly holder fails to make retdrn.
SEC .. Imposes penalty of five hundred dollars and
cost, any person making fraudulent return, and
quires the assessor to make u new valuation.
SEC To- When property holders refuse neglect to
turn property sts the assessor To enter the property
and value for himself and udd per cent 10
the valuation penalty.
SEC IL. Requires assessors to value property where
the owner is nonresident, aud Of which lists
turned
returns Of property to the the districts where
they Reside 10 be forwarded 10y said the
sor IN whose district the property lies his approval and
return.
Sec l3 Prescribes the in which the assessor
shall make up his property lists aud them the
district collector Imposes two hundred dollars fine
tardneSs.
SEC. "A. Requires district collectors to give notice
through the press or Otherwise of tue time and place when
be inspected and appeals and de-
termnied by the collector.
SEC Is Requires district collectors to forward property
lists to the Saie collectors.
SEC. l6 Requires dtstc; Collectors give public office
when the taxes are due aud the times aud places pay
ment Persons negiecting to pay, liable be charged
addition Of 10 cent Authorizes collectors to dstrap
the property Of deinquents.
SEc. H. Regulates sales under dsraint in certain cases.
SEC. Is declares assessed taxesa preferred lien prop
SEC 10 Provides for selling real estate for taxes if there
is not sufficient personality.
SECS ." and III Prescribe the times for collecting for
wardng by the district collectors also Their
liability.
SECS 90 and 49, Provide penalties for unfaLfu den.
quent or corrupt collectors.
SIC "a Requires be estimated in Couted
SEC. 81 Authorizes collectors or assessors to enter any
house except dwellings,, in the daytime, discharge Of
20 and % Provide for the cases of sickness or
death Of COLLECTOR.
SEC. 49, Authorizes collectors prosecute where ne.
cessary To recover Authorizes taxpayers owning
property IN two or more Districts pay the whole to the
collector OF The district iu which he resides, the State
SEC 20 Authorizes the collectors aud assessors to ad
minister Oaths.
SECS 3u-3s. Various matters of detail
SEC 81. Compensation of district collectors per cent
the first twenty Thousand dollars paid over and two and
half per cent all beyond. with thousand dollars
& day for each day employed and g. for every hundred
taxable psrsous with thousand dollars as the MAXIMUM
compensation
SIC. 81. Tax lien to follow property everywhere.
SEC. IS. Authorizes dspersoTy clerk Commissioner
Taxes salary sl75o He and settles accounts
for saaries commissions, DC.
SEC. as No person capable Of appointment under this
Act under years. ua'ess declared for military
duty discharged tberefrom for disability received in
service.
SEC 49, Secretary of Treasury may receive taxes in ad-
vance and allow per cent. interest.
SECS As President may appoint officers during recess
of Senate credits which the holder endorses his willing
ness Confederate notes in payment be valued
at higher rate
WosAS's "TH1RTY PoNrs."-An old Spanish