The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-06-15


TszAsUzY DrAznnR OSDsUu or ConrrsOLLaEl
~ A- or sas CURax6cv, WAsHmoroS, d. O.
The following suggestions offered relative 70 the 70
dempton Of nutated circulating notes OF national oank
Nrx-rhs notes are 70 b. redeemed BY che banks By
which they are respectively Issued and should not Dc re-
turned TO this once In less than ave hundred dol
lars or in even mutples OF that amount
Seond-Mutatcd notes which have been torn or de.
us proyds ~ M
iha.s cannot b d:ssrniaed " wiai bank the notes
Thnd-Fragments should DO redeemed by banks. in
fui when accompanied by an aida' stating the cause
ns no q and Ss.
af1ant should also DO fully ohod fos ~ tho omces
before whom tn afndAyt . taken.
these afdavts must DO Forwarded 10 this ohcc, win
the fragments 70 Will they rotate In order that banks
presenting such parts Of notes may obtain credit for tho
Exceptional cases may occur In whsch afndavt can
be obtained and whore REASONABLE doubts can exist IN
resard % tho entire destruction o. epsrea' damage %
both ofnosr Ute locality Of ths bank and tho d.
holder is unexoepsionable, and whore question
could arise In regard TO . fraudulent Of i'm
"s;s,. u.s q p.1' 3 = .sss
cised BY tho officers ~ bank& lA howevor. advised
such notes received thsss fl fsos vsiue and
Of iSe fact 70 be sc.s y "a. oaacs sa.h ts Sssss1
note when returned for redemption BY the bank, IA
which full credit will DO allowed In this depa4ment
kssrA.--When salts. action hs Obtained IN
gard % the missing parts ane pssss!ay esAas sns'
s.sxns"I III RECONSIDERATION ~ ,ss.. c,- ~ siowsT ss,i
mating this BY q tho portion roturned 70 tho
missing part. .ts' fnf taea..
record should be kept Of the amount allowed In all
snch naancns and vr,char nj ssms rrndarrd IN this
"aoa -ha ~" ".a.eI ~" ~ r".ss shs ps s.s1rmad
for r,demption . A''"''0 A''' " N'''' r III ILxRKE
W. ro,,u,roua- ~ IN. Cnr.cncv
oAr"o"o' - "Ao ou''oA''.
me Following DEC sion OF the Internal Revenue Do
partment with regard TO tho stamping Of receipts makes
s,.,..,. -. IN ,, -. -. - ...
Aus"no''on ""cn VIII re'o'o "AuJ 'Vni 'n0 p"y'n0n'
OF the stamp tax on such:-
Is1vRNAI RuyHyup BURNAUl
WAsmxnros Nav 10 1a65
S,R-Ip repIy 10 YOUR letter of the 27th inst that
check is not money ne s property in the ordinary
alton of thai term hut the evidence only OF sum
of money duo and payabe therefore recept for CHI ok
is not biect TO stamn dty unless the check is actually
received "a the uayment OF debt due and that fact Ia
expressed In the copt In tho case stated by YOU
bill receipted as s.paid by check which clearly ex
presses hat tho check was rece sed in payment and
such receipt IL undoubtedly subject TO stamp duty
when recent merely acknowledges that check has
boon received without expressing that 1t was received
In payment Of hin or other indebtedness n ia exemp
from stamp duty. Very respectfuIly
r. A. ROLLINS. Deputy Commissioner
The Commissioner has also decided that the cancola-
ton Of bond and mortgage, by the direction Of tesla
tor is equivalent to legacy bequeathed TO the mort
gasor ana the vsue hereoi must 10 hod 70 tho esaoy
tax II the entire OF personally Including this
vaue, o. Nv III. toss.or exceeds one tboursnd dollars
Before cancelng the bond Co. the executor should pay
the tax on behalf of tho party benefited who should OF
course 800 'na' 'no eAo'u''' su"elS no '0SA'
making transfers of le.sehold property. h. writes
thus
OrrIcs or lNrERNAL kkvENun
Grr1yrxN-Your letters of April IL and 81 and slso