Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1863-05-21

law by providing the necessary machinery for its exocu
ton The BIN ia very longthiry-fve pages. Below we
SEC l. Creates an Office in the Treasury Department. 10
"a of the Commissioner $1,000 He prepares under e
of the Secretary, the instructions regulations d.
intend the execution Of the Tax law generally.
SEC 2. Declares each ttate Tax Division to each is
appointed State collector, who must be resident free
holder his salary to be onstenth of pee cent on
than 600 nor more $4,000 State collectors to gg
bond with sufficient sureties and s1perntend the tax col
lection in his division.
3-Each State collector to divide hs State into con-
venent collection districts following NAV be
counties districts Government State collector
who shall be resident freeholder aud shall asses lew
and collect the taxes of his district
SEC 4-Requires collectors to give bond end aecuriy
SEC Authorizes district collector subdivide his
district and appoint as many assistants as he desire
they being respot sbe him. and he the Government
The State collector sha ppont for each colec ton
district one or more residents therein who shall
take oath without favor partially to their
cfice.
6-Requires al persons associations liable to tax
to make under oath affirmation and the times
and according to tbs forms viii may be prescribed Of
all properly: income, &C., which tax is ordered to be
| levied.
7 Fpj ns dlgent discharge of duty the part Of
the collectors sDd assessors.
| SIC 8Reqrires the collectors to make taxable lists
| when property holder fails to make return.
FEC 9-lmposes penalty Of FIVE hundred dollars and
cost any making fraudulent roturn and
the ssor TO make valuation.
SEC lO-"hen property holders refuse neglect to re-
urn property lists the to enter upon the proper
y AID ue for himself, and TO add twenty per cent,
| to the valuation 3 a
! FEC l1-Requres assessors to value property where
owner is a. nonresident, aud which no lists are re-
tTned.
nc l2-Anows nonresident property holders to make
returns OF pronry to the assessor of the district where
they RESIDE to be forwarded by said assessor to the
SCISSOR in whose district the property lies for his approval
and return.
FEC l3. Presobes the manner in which tho assessor
shall make his property lists and them the
district ooLectcr Imposes two hundred dollars lac for
erC a. RequiFe district collectors to give notice lhro
the press otherwise of the time and pacewhen
ments may be spected and appeals received and deter
FEC Is Requires district collector forward proper
ty lists 10 the State collectors.
FEC. Ii. Requires district collectors 10 give public
t;cs when the DUE and the times and places
ed an addition of 10 per cent Authorizes collectors dis
train the property of delinquents
&c IL. Regulates sales under dstIaDt in certain
eEC. 70. Declares assessed taxes preferred lien on
SRo Is Provides for selling real estate FOR taxes there
is not safi 3ient personality.
SEC, 20 and Il; Prescribes the times for colectirg
aTdng taxes by the district collectors also their
counta oility.
SEC. q and %. Provides penalties for unfAithfu deG
quent corrupt collectors
SEC. "a Requires assessments be estimated in Con.
federate Treasury notes.
house. except dwellings, il the day time. liz discharge OF
eEc. 26 aud e. Provides for the Of sickness or
SEC IS Authorizes collectors to prosecute where ne
Cessay to taxes Authorizes payers owning
property in two districts pay the whole the
collector of the district in which he resides the
collector.
ERC. 29-Auhorizes the collectors and assessors TO
minister oaths.
FBCs. 30-35-VaTious matters of detail
SEC 36-ComPensation of district collectors per cent
the first twenty thousand dollars paid over and two and
half per cent all beyond, with thousand dollars
salary "a tie the maximum Compensation of the
SIS day for each ayempOyed and s. for every hundred
taxable persons, with thousand dollars the maximum
compensation.
SEC. 37-rax lien 20 follow property everywhere.
FEC. 38AuhoriZ dgpersory CLERK for Commissioner
Of Taxes salary $3.50 He examines and settles
for salaries, commissions, &c.
FEC 39-No person capable of appointment under this
Act if under forty years. unless declared unfit Tor military
duty, discharged thererom for disability received in
service.
FEC 40secreary Of Treasury may receive taxes in ad
vance, and elbow per cent interest.
SEC. 4lI2President may appoint officers during
of Senate Cr@dis which the holder endorses his willing
to receive Confederate notes in payment be valued
at higher rate.