The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1864-04-01
Internal r Revenue Matters.

The following which was compiled for
the Portage County Democrat, by Horace
Y. Beebe, Assessor of this 10Th district,
will be Of use 10 the public, and will in
form them as to some disputed points,
especially in regard 10 The amount OF
stamp duty upon promissory notes
/ A promissory note, or memorandum
check, receipt, or other written or printed
evidence of any omopnt Of money 10 be
paid on demand. or at time designated,
given for twenty dollars or any less
amount, is, by the act of March 8, 1868,
subject TO stamp duty, under head of
"inand bills Of exchange"
. The stamp duty required upon a de.
mand note is the same as upon a note
for thrIy-threo days.
Promissory notes made payable nomi-
nally on demand, and stamped as demand
notes, (at the rate Of one per cent for
every $500, or any fractional part there
off, but given and received with an
understanding between tie parties tha.
demand OF payment will not be made
within thrty.lhree days from date, are in
fraud of The law, are not appropriately
stamped, and, wher issued on or after the
first Of June, 1868, and not paid within
thirty three days from date, will be inval-
! id and Of no effect.
Notes made payable on demand, or one
Gay after date, should be stamped appro-
priately to the time they may or shall run.
a note stamped for less any period less
than six months, and which by agree
meni is to run longer period, becomes
void unless re-stamped.
A renewal of promissory note sub
jecls it to the same amount Of stamp as
an original note.
A promissory note which was executed
prior 10 the passage Of the excise law, and
the payment Of which has been, sabse-
quently TO the passage OF that law, ex-
tended by agreement, is subjec! 10 stamp
duty.
The official bonds Of sheriffs, con-
stables, executors, administrators, trustees
: and guardians, are subject to stamp
duty OF fifty cents.
The bonds of all township officers, such
as treasurers, supervisors, treasurers of
school districts, and collectors OF taxes,
are subject 10 like duty.
PERFUMERY, COSMETICS, DC.
AL! periumery, cosmetics, hair oil, po-
made, hair dressing, hair restorative, hair
dye, tooth wash, dentri6ce, tooth paste,
aromatic cachous, or any similar articles,
used or applied as perfumes or appli-
cations to the hair, mouth or skin, are
subject 10 stamp duty. whether manu-
factured with or without private form
ula. They are also equally subject to
stamp duty when sold in irregular pack
ages snd quantities, or when sold in reg
ular packages; and also when put into
and sold in bottles or packages furnished
by the purchasers. Cologne water is
subject TO stamp.
CERTIFICATES AND AGREEMENTS.
The jurat OF an affidavit taken before a
Justice OF the Peace. Notary Public, or
other officers authorized TO take affidavits,
is surlifcate, and stamp denotng a
duty OF five cents must be affixed by the
party before whom the affidavit is made.
Paper srelating to applications for boun-
ties, arrearages OF pay, or peLsions, made
in pursuance OF law, are exempt.
Certificates of election, certificates to
school teachers, certificates Of tax sales,
and certificate of justice of the peace
certifying transcript, are each subject
to a stamp duty of FIVE cents.
Agreements or contracts between teach
ers and boards Of directors TO teach.
Agreements or contracts 10 build
or repair school houses.
Subscription lists, for any purpose, in
the form OF an agreement, and appraise-
ments OF property made by sheriff,
arc each subject 10 stamp duty of five
cents for each piece or sheet of paper.
The actual value OF an estate conveyed
is the measure of the stamp duty required
upon deed conveying it.
1t is the duty Of the maker Of an instru-
ment 10 afix and cancel the stamy re-
quired thereon. If he neglects to do SO,
The party for whose use il is made may
stamp it before it is used; but in no case
can it be legally used without stamp;
and, il issued after the Is. of June, 1868,
and used without stamp, it cannot be
afterwards effectually stamped. Any fail
ure upon the par. of the maker of an
instrument 10 appropriately stamp it,
subjects him 10 penalty Of fifty dollars.
The time when an instrument is used
may become a question for courts to de-
termnei the safe course will be, for the
party for whose use the instrument is
made (if the maker negects to aflix the
stamp to aifx the proper stamp on the
day the defect in the instrument is dis
covered.