The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-08
OFFICIAL.

year income 10 sua De
| from the income OF such year"
That section one hundred and seventeen DO amended
by striking outal after the enactng clause and inserting
In lieu thereof the foowing "That In estimating the
annual gains profits and income OF any person, all ma
tiona State county and municipal taxes paid within the
year shall be deducted from the gains profits or income
Of the person who has actually paid the same whether
owner tenant mortgagor; also the salary pay
ceved for services in the CIVIL military, naval Other
service of the United States including senator's represen
atves and delegates in Congress- above the rate of six
hundred dollars per annum also the amount paid by any
for the rent of the used or occupied
himself his family and the rental value OF any home
stead used occupied by any person or by his family in
his right in the right Of his wife, shall not be in
GUIDED and assessed part Of the income OF such
In estimating the annual gains profits or income OF any
person, the interest received accrued upon all notes
bonds, and mortgages other forms Of indebtedness
ctab " ,se nspes pS by or due from saeb per
son. shall be included and assessed as part OF the income
OF such person for each year, and also all income gains
derived from the purchase and sale OF stocks or other
property real personal and Of live stock and the
amount Of live stock, sugar WOOL butter cheese, pork,
beef mutton other meats hay and gain or other veg
eabe other productions being the growth produce
of the estate Of such person Sold not including any part
thereof unsod hand during the year preceding
tho thirty first of December until the same shall be sold,
shall be included and assessed part of the income Of
such for each year. and his share Of the gains and
profits OF all companies whether Incorporated or part
nershp shall be included in estimating the annual gains
rofts income of any person entitled to the same
whether divided otherwise In estimating deductions
from income as aforesaid, when any person rents build
ngs lands other property hires labor cultivate
land to conduct any other business from which such
income Ia actually derived pays interest upon any
& ana ~ s Ia paa iOr
the amount paid out for usual or ordinary repairs, not
exceeding the average paid out for such purposes for the
preceding five years. sha be deducted but deduction
shall be made for any amount paid out for buildings
permanent improvements. or betterments, made to in
crease the value of any property or estates Prorfded
That In where the salary other compensation
paid to any person in the employment or service of the
United States shall not exceed the rate of six hundred
irregular in the amount in the time during which the
shall have accrued been earned such salary
compensation shall be included in estimating the annual
gains profits or income Of the person to whom the same
shall have BEEN PAID in such manner the commissioner
OF internal un the direction Of the Secretary
Of the Treasury, may prescribe"
That section one hundred and eighteen be amended
by striking out all after the eacting clause and inserting
In lieu thereof he words "Tha il shall be the duty Of
all persons Of lawful age to make and render list or re-
turn, in such form and manner as may be prescribed by
the commissioner Of internal revenue to the assistant
SCISSOR of the district In which they reside of the amount
oil their income gains and profits as aoresad and all
guardians and trustees whether executors admins
traitors in any other uciary capacity shall make and
render list return, aforesaid TO the assistant
resides of the amount of income gains and profits of
any minor or person for whom they act as guardian or
trusee and the assistant assessor shall require every list
or return to be verified by the oath affirmation of
the party rendering it, and may increase the amount OF
any list or return, IL he has reason to believe that the
same is UNDERSTANDS and in any person. guardian,
trustee shall neglect or refuse to make and render such
list return, shall render false fraudulent list
return 1t shall be the duty Of the the assistant
to make such list according to the best nforma
ton he obtain, by the examination Of sch person.
and his books and accounts any other evidence and
to add twenty-five per centum a penalty to the
amount Of the duty due such list in all Of wilfu
neglect refusal to make and render list return
and in all of false or fraudulent list or return
having been rendered. to add hundred per centum,
penalty the amount of duty ascerned to be due
the duty and the additions thereto penalty to be
assessed and collected in the provided for in other
cases Of wiliu neglect refusal to render list
turn of rendering false and fraudulent return Fro
rided That any party in his or her own behalf or as
guardian trustee shall be permitted to declares under
oath affirmation the form and manner OF which shall
be prescribed by the commissioner Of internal revenue,
that she, his her ward or beneficiary was not
possessed Of an income of six hundred dollars liable
be assessed according to the provisions Of this or
declare that he she has been assessed and paid
income duty elsewhere in the same year. under authority
of the United States upon his or her gains and profits
prescribed by law and II the assistant assessor shall BIO
satisfied of the truth Of the declaration shall hereupon be
exempt from income duty in said district or If the list
return Of any party shall have been increased by the
assistant such party may exhibit his books and
accounts and be permitted to prove and declare under
oath or affirmation the amount Of annual income liable
be assessed but such oaths and evidence shall not be
considered conclusive of the facts and no deductions
claimed in such shall be made or allowed until ap
proved by tho assistant Any person feeling
rieved the decision of the assistant assessor in suc
may appeal TO the assessor Of the district and hi
internal revenue shall be FINAL and the FORM time ant
of proceedings shall be subject to rules and regu
to be prescribed by the commissioner OF nterna
revenue"
That section one hundred and nineteen be amended b.
striking out the words for thirty days. and after tn
words for ten days after" inserting the words motto
and"
THAT section one hundred and twenty be ameuded b!
striking out at the end thereof the word act and In
serting In lien thereof tho word "section."
That section hundred and twenty-five be amende'
by striking therefrom the word "and," following tn
word scstody" and inserting in lieu thereof the wore
That one hundred and thirtythree be amended
by addng at the end thereof the following words: Pro
ydd That duty shall be levied In respect of any sue
cesson vestng before subsequent to the passage
this act where the successor shall be the wife OF the pre-
decessorn
by striking therefrom the word extension and insert
ing in lieu thereof the word extinction"
That section hundred and be amended b.
striking out the word "assmen and inserting in iie
thereof the word assessment"
That section one hundred and fyeight be amended b.
striking out aafyr the snasng and inserting
persons who shall make sign or issue, or who shall caus
to be made, sgued issued any instrument document
paper Of any kind description whatsoever or shai
accept negotiate, pay cause to DO accepted nego
ated paid, any bill of exchange, draft or order
promssory note, for the payment Of money without tn
same being duly stamped or having thereupon an adhe
sve stamp denotng the duty chargeabe thereon will
intent evae the provisions Of this act shaS for ever
such offence forfeit the sum Of nifty dollars and such IN
srument document paper, bill, draft, order or not
shall be deemed invalid and Of no effect: Provided
That the title Of purchaser of land, by deed duh
stamped, shall not be defeated or aHected py tne wHnt VI
proper stamp any deed conveying said land by any per
holds title: And provided further, That hereafter In al
cases wherethe party has not affixed to any tnstrumen
ssl required by the hundred and yhrst section
the Of June thirtieth eighteen hundred ana sky
four or the schedule marked thsreunto annexed a,f
the stamp thereby required to be hcreunto at thu
time Of making issuing the said instrument and he o.
they any party having interest therein shall DO sub
seouently dcsrous Of axng such stamp to said nsrt
meut he or they sha appear before the collector OF thu
of the proper district who shall upon the pay
of the price Of the proper stamp required by law
and of penalty of fifty dollars and. where tho Who'll.
amount Of the duty denoted by the stamp required shall
exceed the Of fifty dollars on payment also Of inter
est at the Of six per cent said duty nom the
which such stamp ought to have been afxed ax ths
prop stamp such instrument and note upon tho mar
gin Of said instrument the date Of his 50 doing and tut
fact that such penalty has been paid and such inru
ent shall thereupon be deemed and held to he az yaie
to all inteuts and purposes fstamped when made OF
issued and provided further, That where it shall ap
pear to said cecor, upon oath or otherwise to his sat
isfactiop that any such instrument has not been duly
stamped the time of making issuing the same By
reason ofaccident mistake nadvertence or urgent NO
cessity, aud without any wilfu design to defraud Inc
United States Of the stamp duty or to evade or delay
payment thereof then and in such case, such insru
ment SHALL within twelve calendar months after the ma
king or issuing thereof be brought to the said collector o.
thereon shall be paid, it shall be lawful for the SAID col
scor remit the penalty aforesaid and to cause sucn
| instrun,eht to lie duly stamped"
That section one hundred and sixty be amended by In
esrtng before the word siIury" the word accidental
and by striking out the words while travelling also
by striking out after the words nor on me
word s'orS and inserting in lien thereof the word of;
and by striking out the words "otber articles and in
serting 10 lien thereof the word shay"
That section one hundred and sxtyhye be amended py