The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-11-08
PUBLIC ACTS
Passed attic first Session of the 25 Do.
The Confederate Stotc, N'"J'e'' Of
AN ACT TO AMEND TIE r,v

February, 1854, be amended and re.epactsa 18th
read as follows, to-wit: soa stO
Section L. That, in addition TO the t.r
the "Act to lay taxes for the common e'led by
carry on the Government Of the Confeders, And 10
approved April twenty fourth, eighteen bUs oMies,'
sxty-three, there shall be levid from The and
I February 1864 on the subjects oftaxatiop be,a OF
mentioned, and collected from every persor @''er
nership, association corporation liaba SVPAtt-
taxes af follows, to-wit: ieior
l. Upon the value of all property, real -,
and Mixed of every kind and description FsOeai
after exempted taxed at different rate
Provided, that from the tax the yaue ~ rr eenH
employed in agriculture shall be deducted IN. TP.'y
the tax in kind derived therefrom during The '0,'u
year, assessed under the law imposing /, -. same
livered to the Government, whe her delivered sS
the year afterwards, including the bacon SsS,nR
BILE after, and prior to, the assessment M ,b.,
properly employed in agriculture as aforesaid "a
the collection of The tax such properly shall
pended after assessment, under the order of the g.
rotary of the Treasury until the value Of IA. iitbs -
be deducted can be ascerained, and when so a,r.,
tanned il shall be the duty OF the post quarierma,,
to certify, and of the district collector TO deduct H.
value of such 1.-THE, and any balance found due NAV
be paid in bonds and certificates therefor authorized
by the "Act to reduce the currency and 10 authoTs
new issue of notes aud bonds in like manner a.
other taxes payable during the year: Provided Tb,,
no credit shall be allowed beyond Eve per cent
ii. On the value of gold and silver ware and plate
| jewels, jewelry and watches, ten per cent
III. The value of property taxed under this strop
shall be assessed the basis of the market value Of
| the same, similar property in the neighborbood
where assessed, in the year 1860, except in case,
! where lands slaves cotton and tobacco have been
| purchased since the first day of January. lsG2 in
which the said land, slaves, cotton and tobacco
so purchased shall be assessed at the price actually
paid for the same by the Provided That land
purchased by refugees and held and pied by them
for their and residence, shall be assessed s
cordng TO its market value in the year 1860.
Sec. 2. That section second of act entitled HAn
act to levy additional taxes for the common desne,
and support of the government approved l1ih Feb
ruary, 1854, the same is hereby, repealed and
it hereby declared, that all the property ana assets
of corporations associations and joint stock compA-
MES every description whether incorporated not
shall be assessed and taxed in the manner and
to the extent as the property and assets Of Hd.
vduals; the such property and assets TO be as
sessed against and paid by, such corporations
Citations and joint stock companies: Provided That
no bank or banking company shall be liable TO pays
tax upon depostes of money to the credit Of and sub
ect to the checks of others Provided further, That
the stock shares interests representing property
in corporations joint stock companies
soeiations, shall be assessed taxed And prov
Ged further, That all property within the enemys
lines be, and the same is hereby, exempted from all
taxation so long it remains in the enemys lines.
Sec. g. That paragraph of section three Of
act entitled can act to levy additional taxes FOR the
common defence and support of the government" ap-
proved 18th February, ls64 be, and the same is here
by amended and enacted, as to read as follows
Upon the amount all gold and silver coin gold DUST
gold silver bullion moneys held abroad or bills Of
exchange drawn therefor promissory notes, rights,
credits and securities, payable in foreign countries,
FIVE per cent be paid in specie, Confederate trea
sury notes at their value compared with specie at
the time the payable the relative value ofpe
Gle and Confederate treasury notes for the purpose OF
payment under this act to be fixed by regulations to
be prescribed by the Commissioner of Taxes, under
the direction of the Secretary Of the Treasury.
Sec a. That section sixteen Of the "Act to amend
act entitled AN act to lay taxes for the common de-
fence and carry the Government Of the Confederate
States" approved 18th February, 1904 be, and the
sam iS here amended. 40 ms To rs follows
l. The income, property and money, other than
Confederate treasury notes, of hospitals, asylumI,
churches schools colleges and other charitable !nst
tons shall be exempted from taxation under the pro-
visions of this act any other law. The property OF
companies formed under the act entitled "An act TO
establish volunteer navy" shall be exempt frc tax
alton, except on the income.
H. That paragraph g. Sec Z the same act be and the
is hereby amended by adding thereto as follows
"If any person shall fail 10 make due return, as re-
qured by said section of the income or Profits taxed
under any law of Congress- in OF disagreement
with the assessor, submit the referees as
provided by law shall fail refuse pay the tax
thereon within such time as shall be prescribed 6y
public notice by the district collector under the d.
rection Of the Commissioner Of Taxes, such person
shall be deemed and held be in default: Provided,
snch person shall be deemed and heldo be ia de-
fault who may fail, has failed to make payment,
due returns in consequence of the presence or inter
ference of the enemy, the absence neglect of tho
officers chm with the assessment and collection OF
taxes"
j.
subject taxation corn bacon and other agricultural
products which produced in the year 1868, and
in the possession Of the producer on the 18th OF Feb
1864, and necessary for the support of himself and
family during the present year, and from which
in kind have been deducted and delivered paid
Sec. g. That section paragraphs and 2, ofthe act
approved 18th February 1864, entitled IAN act TO levy
additional taxes for the common defence aud support
of the Government" be amended to levy add-
tonal of thirty per cent. upon the amount OF all
profits made by selling the articles mentioned in the
said paragraphs between the 18th day of February
1864 and the LIST day of July next, which additional
tax shall be collected under said act.
Sec Z. That all treasury notes of the old ISSUE
of the denomination OF FIVE dollars exchanged for
issue prior TO the LIST day of January, 1865, and
which may remain outstanding on that day. tax Of
one hundred per cent. is hereby imposed.
Sec 8. That section of act entitled IAN act
to levy additional taxes for the common defence ana
support of the Government" approved 18th February
1864 be- and the is hereby repealed and the fol-
lowing inserted in lien thereof
/. That he first section Of the "Ac TO lay taxes for
of the Confederate States approved Gath April, 1865
is suspended for the year 1864.
III. In all cases where tax is levid income de-
rived from property real personal and mixed OF every
description, on the amount value Of which an dd
vaoren is laid the ad Udlorem tax shall be dednet
ed from the income tax Provided, That in no case
shall less be paid than the ad. UGlOrem tax
III. In the assessment of income derived rom nhn-
ufacturng mining there shall be deducted rom inc
gross income profits the necessary annual IsPhnI
not exceeding ten per cent the amount OF the IN
come derive ed therefrOB And, in ndduon 10 ihe de-
ductous now allowed By law in the assessment OF ln-
comes derived from any source the iOo"Ine spaIi DC
1 ,afv. The Confederate taxes actually paid by
- 49, on sales made BY him, and the commissions
.oIIT aid by the consignor shipper for selling