Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1864-04-02
Internal revenue matters.

Below the reader will fnd interesting
and important information concerning the
use Of Revenue stamps, which is psrticu.
larly valuable from the fact that II Is compil.
ed by Horace Y Beebe, Assessor Of this
District, from the official decisions and 10.
structicns Of the Commissioner of Internal
Revenue, and clearly sets forth the exact
meaning aud bearing Of the law. upon q
lumber Of disputed points
A promissory note, or memorandum
check, receipt or other written or printed
evidence of an amount Of money to be paid
on demsud, or at u time designated, given
for twenty dollars, or aay less amount, is Ivy
the act of March 3, 1888, subject to stamp
duty, under the head OF "inlaud bills of
exchange"
The stamp duty required upon demand
note is the same as upon q uole for thirty
three days
Promissory notes made payable nomi
.naily on demand, aud stamped as demand
notes, (at the rate of Que cent for every
$500, or any fractional part thereof but
given md received with au understanding
between the parties, that demand of pay.
meut will not he made within thirty three
days fiCm date, are in fraud of The law,
are not appropriately stamped, aud when
issued on or after the lst day of June,
1868, and not paid within thirty three days
from date, will be 10 invalid and of no
effect.
Notes made payable on demand, or one
day after date, should be Stamped appro-
priately to the time that they shall, or may
run.
A note stamped for any period less than
six months, and which 10y sgreement is TO
run longer period, becomes void unless
re stamped.
A renewal Of promissary note sui jects
1t to the same amount of stamp as an orig
iual note.
A promissory note which was executed
prior 10 the passage of the excise law. and
the payment of which, has been subse
quenlly 10 the passage of that law, ex.
tended by agreement, is subject TO stamp
duty.
The tifcial bonds of sheriff, constables.
guardians, are each subject TO stamp
duty of fifty cents.
The bonds of all township Ulcers, sucb
as treasurers. supervisors, aud collectors CT
taxes, are sui iject TO Ike duty.
PERFuMERY, COSMETICS. &C.
All perfumeIy, cosmetics, hair oil, pom.
ade, hair restorative, hair dye. tooth wash.
aromatic cachous, or any similar articles,
used or applied as perfumes, or applications
| 10 the hair, mouth or skin, are subject tC
stamp duty, aohether manu- fadursd aoih o.
aoithoat a private formala. They are also
equally subject to stamp duty when sold il
irregular packages aud qlautities. or
when sold in regular packages; and also
ioAen put into and sold in bottles or packa
ges. FURNISHED By The purchasers. Cologne
water is subject 10 stamp.
CERTIFICATES AND AGREEMENTS.
The jurat of an affidavit taken before q
Justice of the Peace, Notary Public, OF
other officer authorized 10 take eff iavits
is certificate, and stamp deuoting @
duty Of foe cents must be affixed by the
party before whom the affidavit is made.
Papers relating to applicatnios for boun.
ties, arrearuges of pay, or pensions, made
+ iu pursuance of law, are exempt.
Certificates of election, certificates 10
school teachers, certificates of tax sales
aud u certificate Of Justice of the Peace
certifying transcript, are each subject tt
stamp duty of five cents.
Agreements Or contracts between teach
ers aud boards of directors to leach;
Agreements or contracts 10 build ur re
pair school houses;
Subscription lists, for any purpose. in the
foim of au agreement, aud nppralsemenls
Of property made by a sheriff, are each
subject 10 stamp duty of five cents fol
each sheet or piece Of paper
The dcaal ralue of on estate conveyed
is the measure OF The stamp duly required
upon q decd conveying it.
1t is the duty Of the maker Of an iustru
ment to aiiix aud cancel the stamp rcqaireC
thereon. Ii he negects 10 do So the par
" for whose use it is made may stamp i
before it is used; but in no cpse can ii b.
legally used without stamp; and if issuet
after the lst of June. 1853, and nsed vii h
oHt o stamp, it cannot be afterwards effec
tually stamped Any failure upon tn
part of the make, OF an instrument to ap
propriately stamp il, subjects him to
peualy of Fifty dollars.
The time lehen au instrument is used ma
, become question for the courts to dele
mine, the safe course will be, for the part
Tor whose use the instrument is made
the maker negects to affix the stamp
siix the proper stamp on the day the d
feel in the instrument is discovered