Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1865-08-17

OF said lists CT returns aud pay TO the c1ltctor OF
the districts duty Of Ave per esntum on such
profits; and in case of default to make such list
or return aud payment within thu thirty days ss
aforesaid, shall be subj OF TO the provisions OF
he foregoing section Of this act; Pfopldsd, That
when any dividend is made which includes any
part of the surplus or contingent fund Of any
bank, trust company, SAVINGS Institution, insar-
ance or railroad company, which has bea assess.
ed and the duty paid thereon, the amountof
duty so paid on that portion OF tbs surplus or
contingent fund may be deiuote from the duty
on scuh dividend
Size. l29, Aud BE- II further Enacted, That any
railroad, canal turnptRe, canal navigation, or
aekw 'ter company iatebted FOR any money for
Yhio bonds or other ey der co Of Indebtedness
have 6eea issued, payable in one or more years
after da'e, upon which iptereS; is stipulated to
be paid, or coupons reprtsaniing the IN crest, or
any such company that may have declared any
dividend in scrip, or money due or payable 10
its stockholders, as part of the earning, profits,
income, or gains OF such company, and all pro-
hts OF such company, and all profits OF such com.
pany arried 10 the account OF any NEt, or used
for construction, shall be subje I to ana pay a
duty OF five per Ceatum on the amount 81 all
such interest, coupons, dividends, or profits,
whenever the tame shall be payable; aud said
companies are hereby authorized TO deduct and
with Id from all payments, on account of any
interest, or coupons and d'viGet DIS dle aud paw.
able a. Aforesaid the duty OF five per cantum.
aad the payment OF the amount OF said duty
deducted from the interest, OF coupons, or diy-
of said company, shall discharge said company,
from that amount of the dividend, or interest,
or coupon. on the bonds or other evidences OF
their Indebtedness SO held by any person or
party whatever, exceot where said companies
NAV have CONTRACTED otherwise, And list or
return shall be made and rendered TO the assess
or or assistant assessor IN duplicate, and one of
said list or returns shall be transmi ted and the
duty paid 20 the Com lis sioner of Int,rEal Re-
venue withiR thirty days after the time when
said iuterts St, coupons, or dividends become due
and payable aud as often every six month";;
and sail list or return shall conIain a trus and
faithful account OF the amount of the duty, and
there shall be annexed thereto q declaration OF
the president OF treasurer of the company, under
oHth or affirmation, in form and manner as NAV
be pres Tibed by the Commissioner of Internal
Revenue, that the same contains a true and
faithful account of said duty, And for any de-
fault in making or rendering such list or return,
with the declaration annexed, or Of tue payment
10 the duty as aforesaid, the company making
such default all forfeit a. a penalty the sum OF
one thousand dollars; and in case OF any default
in making or rendering said list or return, or of
the payment of the duty, or any part thereof, as
aforesaid, the assessm snt and collection OF the
duy and penalty shall be made according to the
provisions of law in other cases OF neglect or re-
fusal.
SEC I23. And be 1t further enacstd, That there
shalt be levied, cole ted, and Paid on a sAlar-
les of officers, payments for services to persons
in the civil, military, naval, or other Employ
ment or service of the United States, including
senators and repreSan' AtlNeS anu uElegaEe6 IL
Congress when exceeding the rate of six hum
DIRE dollars per Snnum, a duty of five per CEN
tum on the excess above the said ak hundred
dollars; aud 1t shall be the duty OF all paymas-
tiers and all tisbursins officers, under the gov
ernmen, of the United States or in the employ
thereof, when makug any payments TO officers
mi persons aforesaid, or upon settling and
adjusting the accounts IF such officers aud
sons to deduct and withhold the afort said duty
of five per centum, and shall, AZ the same time,
make a certif ate stating the name Of the officer
or person from whom such deduction was made,
and the amount thereof, which shall be trans
mitte1 20 the off re of the Comm issIoner OF In
tarnal Revenue, snd ent rel as part OF the in
ternal duties AVID the ay-roll, receipts, or ac-
court Of officers or persons paving such duty,
as aforesaid, shall be made TO exhibit the fact Of
such pa ment And /: shall be the duty of the
several Auditors OF the Treasury Department
when auditing the accounts OF any pAymaster or
sisonrlug officer, or when settling or adjusting
the accounts Of any such officer, 10 require EVIL
dence .hat the dut es o. faxes mauti ned j. this
section have been deducted or paid over to the
Commissioner OF Internal Revenue: Prortdsd,
That payments OF prize money shall be regarded
as income from SALARIES ami the duty thereon
shall be adjusted al d collected in ike mtnner.
LEGAcIEs AND DIsTRIBUTIyE SHARES OF Pge-
soNAL PROPERTY,
SEC, l2i And be IL further enacted, That any
person or pers o1s having in charge or trust, IA
administrators, executors, trustees, any lesaeies
dlstributlVe ~ ares arisng from per 0nal pro-
D rtv,h where the whole mount of such PERSONAL
=
one thousand doll in aC.nal value ptstEg,
after the passage Of this act, from any pe son
possessed OF such property. eth - by will r By
the interstate Jaws Of at Stat or Territory, or
any persons pro erty n intere,t therein, trans
ferred by deed, grant, bargain, sale, gilt made
inten led I take flee. in possession or enjoy
ment after the dea'h the g'antor or rargsin-
or, TO ans person or persons, or any tody or
bodies toi- or cOrp0r ate IN trust or otherwise
shall be, a. d hereby are. made subjse q duty
or I X to b a d to re Unitei St,te as fol-
lows, that i, say:
First Where the rson or per ons entitled
to any beneic al .nttr"st in such property shall
be the lineal issue lireAl ancestor. brother or
sister, to the person who died pcs essed of such
property, Aforesatt, at the rate OF one dollar
Tor each and every hundred liars of the clear
value of su interest in such property.
Second. VIII re the person or persons entitled
to any beneficial interet in sch property shall
be descend Mt OF bro her or sister # the err
son who die possesse +. as Aforesaid, Al he rare
of two doll for each AID every huudrel dollars
| OF the clear value Of such interest
Third. Where the person o. ger oD7 untitled
| to any beneficial interest in zach properly shall
be a brother sister 1.-THE fathe- or u.o h r. r.
| descendant OF brother or ; ster f thu fsther
| or mo.Eer If he person who died posses'e J., as
afore aid at The rate OF ur oll4rs t2r eacn and
| ever7 hundred d)llars Of The clear value OF such
| inter- ST.
| Fourth VIII, re the pers7r or persons enti-
| tied 10 any beuetC al interest in such property
shall be brother or 81 ter of the gran father or
| grandmother, a descendant Of the brother or
sister o. the gvanifalher or grandmother, OF the
| person WHO led posse seed a. aforesai I, at the
| rate of five dollars for each a, every hundred
| dollars Of the clear value of such Interest
| Fifth WaerP the person or persons entitled
| to any beneficial interest in such p ope'ty shall,
be in any other degree of collateral consanguini-
| ty than is hereinoetore stated, or shall be a
| stranger in blood to the person VINO died poss-
| essed, as aforesaid, or shall be a body polite or
corporate, at the rate of six dolla's for each and
| every hundred dolars OF the clear value OF such
| interest; Provided That all egacies or pro-
| perty passing by will, or b. the laws Of any
| State or Territory, to husband or wife of the
| person who diel possessed, as aforesaid, shall
| be exempt from tax or duty.
| SEC, l25 And be Il further enacted, Tha:
| the tax or duty aforesaid shall be lien and
charge upon the property OF every per- on who
| may die Aforesaid for twenty years or I'M
til the same shall within that period, BE- fully
| paid to and discharged by the United States and
every executor, administrator, ort trustee, before
| payment and distribution to the legatees or any
parties entitled to beneficial interest therein,
shall pay to the collector Of the strict of which
| the deceased person was resident, the amount
| OF the duty or tax assessed upon such legacy or
| distributive share. snd shall also make aud rem
| der to the said district schedule list, state
| ment, in duplicate, of the amount of such Legal
| cy or distributive share, together with the
| amount of duty which has accrued or shall &C