Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1863-05-07

On the first day of May next, or as
soon thereafter as shall be practicable,
you will be required to make returns to
the Assistant Assessors of the Divisions in
which you reside;
LIST. OF the amount Of ounces Of gold
and silver plate kept for use.
I'd. OF all carriages kept for use, for
hire, or for passengers and their value.
Sd. Of billiard tables kept for use or
hire.
4th. Ofyaohts, or pleasure vessels, and
their value.
5th. OF the amount of your income for
the year 1862 from all sources.
9th. All persons engaged, or about to
engage in business requiring license I'M
der the Excise Laws of the United States,
vhsther holding license or not, are required
TO make application to the Assessor or
Assistant Assessor on the first of May
1868, for license for the year ending
April 80, 1864. Those holding unex-
PRED licences will be assessed for the time
elapsing betwixt the expiration of their
present license and the first day of May
A. d. 1864 only.
All persons neglecting or refusing to
make applications for licenses required by
them will be subject to the fines and PEN
alties prescribed by law; and all persons
neglecting or refusing to make returns OF
income, will be assessed by the Assessors
according to their best Judgment and in
formation.
When the annual lists are completed,
public notice will be given, and fifteen
days allowed for the inspection of said
lists, and time and place designated for
hearing appeals relative to erroneous and
excessive valuations or enumerations IN
said lists, agreeably to section 18th of the
excise law of July, 1862, and thereafter
the lists will be closed and no hearing can
be allowed upon petitions for abatement
of tax.
Every species of income received be-
twlxt January LIST and August 3lst, 1862,
will be subject to tax. After that date
income derived from dividends on stock in
any Bank, insurance company, savings
institution, trust company, railroad COM
pany, railroad bonds, steamboat, ferry
boat, or bridge, from which dividends, the
3 per cent. tax has been deducted, will be
exempt from tax, except in cases where
the income Of persons amounts to $4,000
year. In such cases tax of 2 per cent.
will be assessed upon their income from
dividends.
Manufacturers, merchants and mechan-
les will make returns of the whole amount
of the avails or proceeds of their business,
and also statement of the cost of labor,
material &C., in producing the same, and
the nett gains only will be taxed.
The exemption to manufacturers con-
tanned in section 81 of the original law is
repealed by the law of March Sd, 1868.
Express and telegraph companies, and
all express men are taxed upon all income
received betwixt January LIST and Septem-
Der 30th, 1862.
The full amount of all salaries, whether
fixed by statute, or contract, or derived
from fees, and all receipts for advertise
ments from January LIST to September LIST,
1862, must be returned.
The income derived from bonds, notes,
mortgages, stock in gas or manufacturing
companies during the whole of the year
1862, must be returned and taxed, but
income from United States securities are
taxed / IL per cent. only. Co-partners
must estimate their gains for the year
1862, and make such division thereof, as
will enable each partner to make return
of his individual share.
A wife holding property in her own
right, not subject to her husbands control,
may make separate return of income
from the same.
Income from rents may be reduced by
deducting therefrom the amount paid for
necessary repairs, insurance and interest
on membranes upon the demised prop
erty. But the cost of new structures or
improvements cannot be deducted.
Farmers will return the value of the
produce of their farms for the year 1862.
Ifany part of such produce has been con-
sumed in feeding or fattening stock, the