Charles City intelligencer. [volume] (Charles City, Floyd County, Iowa) 1864-1866, 1865-05-11


thereafter, the owner, agent, or superintend.
ent shall render to the assessor of the district
an account in duplicate Of the number of bar
rels of petroleum or rock oil sold, and of the
number Of barrels removed for consumption
or sale or storage, not before accounted for.
Sec. 10. And be IL further enacted, That,
wherever, under the proyiso to section one
hundred and three. the addition to any fares
shall amount to sum involving the fraction
of one cent. any person or company liable to
the duty of two and one-half per cent, as in
said section provided. shall be authorized to
add to such fare one cent in lieu of such frac
ton.
Sec IL. And be IL further enacted, That lu-
cifer or friction matches, and cigar lights and
wax tapers, may be transferred, without pay
ment of duty, directly from the place of man
ufacture to bonded warehouse established in
conformity with law and treasury regulations
and upon the execution of such transportation
bonds, or other security as the Secretary Of
the Treasury may prescribe. said bonds to be
taken by the collector i'm the district from
which such removal is made. and may he with.
drawn therefrom for consumption after affix.
ing the stamps thereto, as provided by the act
to which this act il an amendment, or may be
removed therefrom for export to a foreign
country without payment of duty or affixing
stamps thereto, in conformity with the pro-
visions Of the act aforesaid, relating to the re-
moval of distilled spirits, all the rules and
regulations and conditions of which, as far as
applicable. shall apply to lucifer or friction
matches, cigar lights. and wax tapers in bond
ed warehouse. And no drawback shall in any
case be allowed upon any ,acifer or friction
matches, cigar lights, or wax tapers upon
which any excise duty has been paid, or stamps
afhXed, either before or after they have been
placed in bonded warehouse.
Sec. IL. And beat further enacted That any
person required by law to he licensed as a man
ufacturer of tobacco, snuff, or cigars. before
said license is issued shall give bond to the
United States in such sum rs shall he required
by the collector, and with one or more sureties
to be approved by the collector. conditioned
that he will comply with all the requirements
of law, in regard to any persons firms. COM
panies, or corporations engaged in the manu-
| facture of tobacco, snuff or cigars that he
will not manufacture nor employ others to
manufacture tobacco, snuff. or cigars without
first obtaining the requisite permit for such
manufacture; that he will not engage in any
attempt by himself or by collision with 9TH
ers to defraud the Government of any duty
or tax on any manufacture Of tobacco, snuff
or cigars that he will render truly and cor
rectly all the returns, statements. and inven.
tories prescribed for manufacturers of tobacco,
snuff, and cigars, and will pay to the collector
of the district all the duty or taxes which
may or should be assessed and due on any to-
bacco. snuff, or cigars, 80 manufactured and
that he will not knowingly sell, purchase. or
receive for sale any such tobacco, snuff. or
cigars which has not been Inspected branded
or stamped, as required by law, or upon which
the tax has not been paid
| Sec. Is. And be ii further enacted, That all
persons and every person who shall engage OF
| ha in la. hf,sir of Inff AaaI-
er without having first obtained license so to
do, under such rules and regulations shall
be prescribed by the Secretary of the Treasu-
ry, shall forfeit and pay penalty of one thou
sand dollars, to be assessed by the assessor Of
the proper district and collected Ms assessed
taxes are collected, subject, nevertheless, to
the provisions of law relating to erroneous us
sessments, and shall, on conviction by any
court of competent jurisdiction, suffer PUNISH
ment for period not exceeding year, at the
discretion Of the court Aid IL shall be the
duty of all managers and proprietors, and their
agents, to keep, or cause to be kept. just AID
| true books of account wherein all their trans
| actions shall be plainly and legibly set forth,
which books of account shall at all reasonable
times and hours be subject 10 the inspection
of the assessor, assistant assessor, revenue
agent, and inspector of the proper district
and any manager, proprietor, agent, or vender
such inspection Of bis or their books, as afore-
said, shall paw penalty of one thousand dol.
lars. or suffer Imprisonment for q term not ex-
ceeting one year for every such offence.
Sec. Ia. And be further enacted, That
the capital of any State hank or banking asso-
citation which has ceased or shall cease to ex-
list, or which has been or shall be converted
into national bank. for all the purposes of
the act to which this is an amendment, shall
be assumed to be the capital as il existed i'm
mediately before such bank ceased to exist or
was converted rs aforesaid. And whenever
the outstanding circulation of any bank, asso-
citation, corporation, company, or person shall
be reduced to an amount not exceeding five
per centum of the chartered OF declared CAPT. |
tai existing at the time the same was issued.
said circulation shall be free from taxation. |
And whenever any State bank or banking as |
ISOLATION has been converted into national
banking association, aud such national bank |
ing association has assumed the liabilities Of
such State bank or banking association, inclu- |
ding the redemption of its bills, such national
banking association shall be held to make the |
required return and payment on the circula- |
ton outstanding, SO long such circulation |
shall exceed five per centum of the capital be-
fore such conversion of such State bank or
banking association.
Sec 10. And he Il further enacted, That in |
any port of the United States in which there
is more than one collector of internal revenue.
the Secretary of the Treasury shall designate
one of said collectors to have charge of all
matters relating to the expectation of articles
subject to duty under the laws to provide in
ternal revenue and at such ports as the Sec
rotary of the Treasury may deem necessary
there shall be an officer appointed by him to
superntend all matters Of expectation and
drawback. under the direction of the collector,
whose compensation therefor shall be prescrib-
ed by the Secretary OF the Treasury, not ex.
ceeding, however, in any case, an annual rate
OF two Thousand dollars, which. together with
the Office expenses of such superintendent.
shall not be included in the maximum Of the
aggregate expenses of the Office OF the said col
lector. And all books, papers. and docu-
ments in the bureau of drawback in the diff
erent ports, relating TO the drawback Of duties
paid under the internal revenue laws, shall
be delivered to said collector of internal reve-
nue..
Sec. Is. And be il further enacted. That all
provisions of any former act inconsistent with
the provisions of this act are hereby repealed +:
Prorided honerer, That no duty imposed by
any previous act, which has become due or of
which return has been or ought to be made,
shall be RENTED or released by this act. but |
the same shall be collected and paid, and all
fines and penalties heretofore incurred shall be
enforced and collected, and all offences hereto.
fore committed shall be punished as if this act
had not been passed and the Commissioned
Of Internal Revenue. under the direction Of
the Secretary of the Treasury, is authorized
to make all necessary regulations and to pre- |
scribe all necessary forms and proceedings for
the collection of snch taxes and the enforce |
ment of such fines and penalties for the exc |
cution Of the provisions of this act.
Sec. II. And be IL further enccted That the
privilege OF purchasing supplies of goods i'm
ported from foreign countries for the use Of
the United States, duty free, which now does
or hereafter shall exist by provision Of law,
shall be attended, under such regulations as
the Secretary o. the Treasury may prescribe.
to all articles of domestic production which
are subject to tax by the provisions oil this act.
Sec. Is. Aad be IL further enaelsa That this
act shall be in force and effect on and after the
fint day Of April, in the year eighteen ham
dred and sixty five, unless otherwise provided
by this act.
Sec. 10. And be Il further saacted, That the
Secretary of the Treasury is hereby authorized
to appoint commission. consisting OF three
persons, to inquire and report at the earliest
practical moment, upon the subject of raising,