Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1864-02-25


publicity and the Secretary the Secretary of
iers for the information of the army and navy.
The 42d section Of the act for the ssment and
collection of taxes approved May lst 1863 ia hereby re-
THE 42d section of said act reads az follows:
That the Secretary of the Treasury may prescribe reg
uations enable any payer to into the Treasury
to accrue against him and obtain therefor certificate
bearing interest the rate Ct i've par cent year until
his are payable, but such ceihca'e shall not be
Is The Secretary of the Treasury hereby authorized
b be M Of act
vide the funding and further issue OF Treasury notes
deemed to be bond-to issue to such holder bond there
for upon the terms provided by said act
THE TAX BILL.
LAY ADDITIONAL TAXES COMMON DE-
Sec. The Congress Of the Confederate STATES of
America do enact hat addition to the taxes levied by
the act to lay taxes for the commcn defence and TO
on the Government Of the Confederate States ap'
proved 24h of April 1892 there shall be levied from the
of this act on the subjects of taxation hereafter
mentioned and coee~ed from every person. partner
ship corporation liable therefor. taxes
L Upon the value of property real personal and mixed
OF every kind description, no. hereinafter exempted
or taxed at different rate. FIVE per cent Prou,ded,
That from this tax the value o property employed
deliv the, urder the Law imposing
it, and delivered 10 the Government. ProU;ded Thai no
| credit shall be allowed beyond five per cent.
II. On the value of gold ard silver and plate jew
els awelrY, and watches. ten per cent
the basis Of the mar ke value of the sim
liar property in the neghboThood where assessed in the
year 1850 except ID where land slaves CLIFTON
tobacco have chased since the day January
1882 in which the said land saV cotton and
CHASED shall be assessed at The price actually paid
for he same by the owner.
Sec. AEON the value Of al interests held in any
bank banking company association caRal navigation,
importing exporting Insurance, manufacturing, telegraph,
express railroad and dry dock companies and all other
odt stock compsnies OF every kind whether
7 or not, five per
The value Of property taxed under this section shall be
perty the where assessed in such
may general there in the purchase and sale OF
such property, ct the tine OF assessmeht-
SIC. 3. Upon the amount Of all gold and silver coin,
gold DUST gold silver bullion whether hold by the banks
upon ali moneys held abroad upon the amount of all
b s of exchange drawn therefor foreign countries
tex of five cent ouch money abroad to bo
as essed and collected according the thereof
the place where tie tax is paid
H. Upon the OF all solvent credits, and OF all
bank bills and all other papers Issued as currency exeu-
sve of ncniDteceat bearing confederate Treasury notes.
derived from which is taxed five per cent.
SKC 4. Upon prohts made III trade and Eusiness, aB
l. On ell profits made by bug ng and sellpg Hprtuous
SALT bacon pork hogs. beef beef cattle sheep, oats
hay fodder hides leather horses mules boots Shoes
cotton yarns wool woolen coc5on OF mixed cloths. hats
Wagons harness.. COAL ron steel nails, any tine
tween the at of January 1868, and the first OF January
1865, per in addition to the tax euch profits
income under the " to lay for the de
fence and on the Government OF the Confederate
States" approved April 24}h, 1863
H. On ali profits rade by buying and selling money,
gold silver foreign Xhage stocks notes. dobs credits,
obligations of any kid and any merchandise, property
effects any kind, not Ineraed in the Preceding
paragraph between the times named therein, per
in addition TO the te such profits income, under the
act aforesaid
III. Ga the profits exceeding tweuty -Gvo per
cent, during the years a0d 1854 By
any bank barking company, insurance, canal, nayga.
ton importing and exporting telegraph express railroad
manufacturing cry dock Or ether joint stock company OF
any description, whether puratei not tWent7 FIVE
p er cent. On such
Sec The following eXemp iozs from taxation uIdcr
thio act shall be allowed, to wit
Property of e@ch head OF family Ia the of FIVE
hundred dollars and for mirror Child of he family
the further vauo OF k1dred dollars and for each
been killed in the military naval service and who
member OF the family when ha enttcd The service to the
further value OF five hundred dollars.
H. Property Of the widow of any officer soldier, sailr
marine who have died been killed in the military
dollars.
III. Properly every officer, soldier, sailor OF marine
actually engaged Ia the military naval service of such
as have been disabled in such service to the Of
not apply to any peson whose rroDerv exepsye Of
household furniture shall be assessed value exceeding
w. That where property has been injured or destroyed
by the enemy, or the thereof has been temporarily
OF -cutvatng the same, by of the presence
proxi nifty Of the enemy, the such prone y
the owner or the tex assessed thereon may be reduced
the same ratio by the district collector satisfactory
dence Submitted to him by the owner assessor.
sec That the taxes On property laid for the 1864
shall be assessed the day OF the passage of this act
and be due and COLLECTED the frat day of June next
as soon after pracc 4bie allowing nine
ty days west Of the ssssppi river. The addonal
on incomes or profits for the 1863 levied by this
shall be assessed and collected forthwith and tho
incomes or profits for the year 1854 sa be assessed and
coected according 10 the rA7sOna o. the tax and
ment acts of 1858.
seo T. So much of the tax act of the 9th day Of April
1853 as leVies tax incomes derived property
effects On the amount value OF which levied by
TINS act and also the first section Ct said ac suspend
ed Tor the year 1884, and estimated rent hire inter
est on property credits herein taxed 0d UOren, shall
be assessed taxed as Incomes under the tax act of
1868.
Sec That the tax imposed by this act bonds of the
Contederae States here issued, sh3ll
coed the interest the and such bonds when hed
by or for minors or unatcs shall be the
in all where the iutertst on the came shall not ex
coed thousand dollars.