Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1864-11-24

certificates therefor, aubozed by the Act to reduce
aud to authorize Issue of notes and
oonos IN Ee manner other tax payable during TIE
Proo,ded That no credit. shall be allowed beyond
H. On TIE value Of gold and silver aEd plate jew
Jeweirv and watches, ten per cent.
Dc assessed on the basis of the market value the
or similar property in the neighbohood assessed
aod tono.ea ara SKY 10 cases shere
since the fs day of January eighteen hundred ard
purchased shall b. assessed a. the price actual y
paid for the same by the Prouided That land
purchased By refugees and held and occupied them
their and residence eha be assessed according
TO its market value in the yesr eighteen hundred and six
y:
SEQ 2 That section second of entitled An act
70 levy additional taxes for the defence and
eighteen bundred and be- and the sam is
oy repealed and it is hereby declared that all the prop
companies CT every descp,ion whether incorporated
not shall be assessed and taxed same manner nd
ais the tax on such property and be assessed
against and pa by, snch corporations associa and
ing company shall be liable pay tax upon deposits
money to tie credit Of and sui jet the checks Of
ers Proutded further, That the stock shares
Representing property assets in corporations INT
sock companies associations shall be assessed
taxed: And prGUtded further That ali property within
the enemys lines be, aud is hereby. exempted
from all taxation SO long it mains in the enemy's
SEC 8. That paragraph of section three OF act
emitted IAN act to ley additional taxes for the
defence and supper Of the government approved
teenh February eighteen hundred AID be- and
the same IS hereby amended and enacted toread
as olloWs: Upon the amount of god and silver coin
g0ad DUST, gold or slver bullion moneys held abroad
bulls Of exchange, drawn therefor pro nmi sory notes.
ri0hs credits and securities, ia for ign cOuGres,
I've per cent TO be paid in SPECIE Confederate
lime the tax Ta specie al sne
Confederate treasury notes for the purpose of pay
oy the Commissioner of Taxes under the direction of the
secretary If the Treasury.
hbo 4 That section sixteen of the "Ac. to amend an
on
carry Oh the Governme OF the Confederate 6taes
as follows:
I. The scome property and money other than Confed
crate treasury notes, Ct hospitals, asy lums, churches
schools Colleges and otrer charitable institutions shall be
exem?ted from taxation under the provision OF this
the act entitled An act TO establish volunteer navy
L. That a-sgraph section seven, of tae same act
Pc and the same is hereby amended by addag thereto
IF any person shall fail to due return required
oy SAD sec ION, Of tie income profits taxed under any
law OF Congress- or ia the
or t. snbit the referees provided By law
mai ta or refuse to pay the thereon, within such time
collector, under the direction Of tho Commissioner Of
Taxes such nerson shall b. emed aod he'd to be in 80
fault Prooided That such person shall net be deemed
ard held TO be in default, who may fail has failed to
payment or due re 10 If the pres
ehce or ntert OF the enemy, absence
:ct o the ocers Oh rged with the and coec
SEC 5. Thai this shall not be so constructed
SUBJECT 70 xatCn bacon ard otter agricultural
Wnlch were prOduc the eighteen hundred
ana and in The possession of the producer on
the seven eenth day of February eighteen hundred and
f2r and necessary for the support Of himself an
iany during the present year. and from which tax
ss II kind hfve been deducted and delivered or paid.
the ,poe UV
ard sixty-fou Quilted san act to levy additional taxes
be so amended to levy additional tax of thirty per
G. upon the amount of all profits made by selling he
day of February eighteen dred sixty
tou- and the IRIS day July next, which additional tex
snail be collected undsr said act
SEC That treasury of the old issue of the
denomination of five dollars, not exchanged for issue
hive, and which may remain outs on that day,
lax of one h lndred per cent is herebs imposed
levy additional taxes for the fence and support
of the Government" approved seventeenth February,
by, repealed and the following inserted in lieu thereof
l. That The first section of the "Act to lay for the
Confederate States" approved twentyourth April eigh
teen hundred and suspended for the year
II. In all where tax is levied income derived
from property real personal and mixed of descTp
is laid Tbs I'D uoIdre tax shall be deducted from the
income tax Pr OUted That in shall ess be paid
ILL., In assessment of income derived frnm manutc
turing mining, there shall be deduct from the gross
ng per b OF the ncoDs derived there
from. Al in addition TO the Deductions now lowed by
aw in the assessment OF incomes derived firm any ce
the following sh.l be made, name y; T1e Coated ra1s
actually raid by lie owners saes de by him
and the commissions ly paid by the coaS'2n'r or
shipper for selling and IL the or n%1u acuTe
Of pig metal cr other iron the cost Ct fae
SEC 8. That all citizens of any Of the Confederate
States Temporarily residing in apother state shall o. aoe
be assessed aod taxed il he State distc In Which
he may temporarily reside and shall be the duty OF all
such who have not heretofore made return OF their taxa
BILE property to the district where they may tenn
porariy reside within thirty alter the passage OF th
act 10 make UGH return and one iabl to be ASSESS
ed and taxed aforesaid who shall fail re- use within
said period of thirty days make such eturn shall be
liz. BILE all the pas penalties imposed by the laws OF
the Confederate States in such Csc
APPROVED June IA, 1864.
(CHAP XLV.)