Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1863-03-14

|
ury shall be received at par In payment. for dr
ties on imports. ...
SIC. q. And be II further enacted, That Oh
coupon or registered bonds, treasury notes, an
United States notes authorized by this ac
shall bo In such form as the Secretary Of th
Treasury may Direct and shall have printe
upon them such statements, showing the amour
OF accrued or accruing interest, the characte
OF the notes, and the penalties or punishment
for altering or counterfeiting them, as the Sec
retary OF the Treasury may prescribe, ant
shall bear the written or engraved siguature
OF the Treasurer OF the United States and th,
hegister OF the Treasury, and also, as evidence
OF lawful Issue, the imprint of the copy of tht
seal Of the Treasury Department, which i'm
print shall be made, under the direction of the
Secretary, after the said notes or bonds shall be
received from the eDgravers and before they
are iesued or the eaid notes and bonds shall be
signed by the Treasurer of the United States
or for the Treasurer by such persons az may be
specially appointed by the Secretary of the
Treasury for that purpose, and shall be coun-
tersigned by the Register Of the Treasury, OF
for the Register by such persons as the Score
tary of the Treasury may specially appoint for
that purpose. And oil the provisions OF the
act entitled "An act to authorize the issue OF
treasury notes." approved the twenty. third day
OF December, eighteen hundred aud fifty.
90 far as they can be applied to this act, and
not inconsistent Herewith, are hereby revived
and re.enacted.
SEo Z. And be IL further enacted, That all
banks, associations, corporations, or individ-
uals, Issuing notes or bilIs for circulation as
currency, s'.2.i be subject TO and pay duty OF
| one per centum each half year from and after
| April hrst, eighteen hundred aud Bxty-three,
upon the average amount OF circulation of notes
or bills as currency isaued beyond the amount
hereinafter named-thst ia to say, banks, asso-
| Citations, corporations, or individuals having a
capital OF not over one hundred thousand dol
lars, ninety per centum thereof; over one hun
dred thousand and not over two hundred thous.
and dollare, eighty per centum thereof; over
two hundred thousand and not over three hun.
dred thousand dollars, seventy per centum
thereof; over three hundred thousand and not
oveI f7e hundred thousand dollars, sixty per
centum thereof; over FIVE hundred thousand
and not over one million of dollars, fifty per
centum thereof; over one million and not over
one million and half of dollars, forty per
centum thereof; over one million and a half,
and not over two millions of dollars, thirty per
centum therof; over two millions of dollars,
twenty-five per centum thereof. In the case
OF banks with branches, the duty herein pro-
vided for shall be imposed upon the circulation
OF the notes or bills Of such branches severally,
and not upon the aggregate circulation of all I;
and the amount of capital of each branch shall
be considered to be the amount allotted to or
used by such branch; and oil such banks, asso-
cations, corporations, and individuals shall also
be subject to aud pay duty of one-half of one
per centum each half year from and after April
first, eighteen hundred and sixty y-tbree, upon
the average amount of notes or bills not other
Wise herein taxed and outstanding as currency
during the six months next preceding the return
hereinafter provided for; and the rates of tax
or duty imposed on the circulation of associa-
tlons which may be organized under the act "to
provide a national currency, secured by pledge
OIL United States st0cke, and to provide for the
circulation and redemption thereof" approved
February tWenty-ffth, eighteen hundred aud
sixty three, shall be the same as that hereby
imposed on tho circulation and deposits of all
banks, associations, corporations, or individ.
uals, but shall be assessed and collected
as required by said act; all banks, asso.
Citations, or corporations, aud individuals
issuing or reissuing notes or bills for
circulation as currency after April first, eigh-
teen hundred and sixty. three, in sums represent,
ing any fractional part of dollar, shall be sub
ject to and pay duty of five per centum each
half year thereafter upon the amouut of such
fractional notes or bills 80 issued. And all
banks, associations, corporations, and individ-
uals receiving deposits or money subject to pay.
ment on check or draft, except savings institu.
tion', shall be subject to duty of one-eighth OF
ono per centum each half year from and after
April first, eighteen hundred and sixty three,
upon the average amount of such deposits be-
yond the average amount of their circulating
notes or bills lawfully issued and outstanding as
currency And list or return shall be made
and rendered within thirty days after the frat
day OF October, eighteen hundred and sixty
three, and each six months thereafter, to the
Commissioner of Internal Revenue, which shall
contain true aud faithful account of the amount
OF duties accrued, or which should accrue, on
the full amount Of the fractional note clrcula
ton and on the average amount OF all other
circulation and all such deposits for the sx
months next preceding And there shall be
annexed to every such lias or return q declnra-
tion, under oath or affirmation, to be made in
form and manner as shall be prescribed by the
Commissioner OF Internal Revenue, of tho
president, or come other proper officer of said
bank, association, corporation, or individual,
respectively, that the same contains true and
faithful account of the duties which have ac.
crued, or which should accrue, and not account
ed for: and for any default in the delivery Of
such list or return, with such declaration an
nexed, the bank, association, corporation, or
individual making such default, shall forfeit,
as penalty, the sum of five hundred dollars.
And such bank, association, corporation, or in
dividual shall, upon rendering the lst or return
as aforesaid, pay to the Commissioner of H.
ternal Revenue the amount OF the duties due
on such list or return, aud in default thereof
shall forfeit, AZ penalty, the sum of i've hun
dred dollarsi 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 or rendered, or when said du-
ties shall have become due and payable, the as
sessment and collection shall be made accord.
ing 10 the general provisions prescribed in on
act entitled "An act TO provide internal revenue
to support the government and TO pay interest
on the public debt" approved July one, eighteen
hundred aud sixty-two.
SEC. g. And be IL further enacted, That. in
order to prevent and punish counterfeiting and
fraudulent alterations OF the bonds, notes, and
fractional currency authorized to be issued by
this act, oil the provisions of the sixth and
seventh sections OF the act eneltled San act to
authorize the issue of United States notes, and
for the redemption or funding thereof, and for
funding the floating dept of the United States
approved February twenty. fifth, eighteen hun
dred and sixty.two, shall, go far as applicable,
apply to the bonds notes, and fractional currency