The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-11
OEFICIAL.

ironi the income OF such year"
That section one hundred and seventeen be amended
by striking outal after the enarng clause, and inserting
In lieu thereof the following "1hat in estimating the
annual gains, profits aud Income Of any person. all ma
lional State, county, and municipal taxes paid within the
year shan be deducted from the gains pf0hts, or income
OF the person who has actually paid the same whether
owner tenant or mortagor; also the salary or pay re-
ceiyed for services in the civil military, naval or other
service oil the United States including senator's represen
tatives and delegates in Congress- above the rate Of six
hundred dollars per annum also the amount paid by any
person for the rent Of the homestead used or occupied by
himself or his family and the rental value OF any home
stead used occupied By any person by his family In
his own right In the right OF his WIFE, shall not be In
cnded and assessed part Of the income OF such person
IN estimating The annual gains profits or income Of any
person. the interest received accrued upon all notes.
bonds aud mortgages or other forms OF indebtedness
bearing interest whether paid or not II good and col
cahie less tho interest paid by or due from sueh per-
SON. shall DO included and assessed as part OF the income
OF such person for each year. and also all income OF gains
derived from the purchase and sale OF stocks or other
property real or personal and OF i've Stock ana inc
amount Of live stock sugar. WOOL butter cheese pork
beef mutton, other meats hay and grain or other veg
etabe or other productions being tho CROWN or produce
OF the estate OF such person Sold not including any nar
thereof unsod or on hand during tho year
the thiryrst OF December until the same shall be sold
shall be included and assessed as part OF tho income OF
such person for each year. and his share OF the gums and
profits Of all companies whether incorporated or part
nershp shall be included in estimating the annual gains
irohts or income Of any person entitled TO the same
whether divided or otherwise In estimating deductions
ings lands other property hires labor to cultivate
land, or TO conduct any other business from which such
income actually derived pays interest upon any ac
tua incumbrance thereon the amount Actually pad lor
such rent labor interest shall be deduced and also
the amount paid out for usual or ordinary repairs not
exceeding the average paid out for such purposes Tor the
preceding live years. shall be deducted but no deduction
shall be made for any paid out for now buildings
permanent improvements, or betterments made TO I'D.
crease the value Of any property or estate; foedfd
That in cases where the salary or other compensation
United States shall not exceed the rate Of six hundred
dollars per annun or shall be by fees or uncertain or
irregular In the amount in the time during which the
shall have accrued been earned such salary or
compensation shall be included In estimating tho annual
gains profits, or income OF the person to whom the same
shall have BEEN paid In such manner as the commissioner
OF internal revenue under the direction Of the Secretary
OF the Treasury, may prescribe"
That section ono hundred and eighteen DO amended
by striking out all after the enactng clause and inserting
In lieu thereof he words "That II shall be the duty OF
all persons Of lawful age to make aud render list or re-
turn In such form and manner as may be prescribed by
the commissioner Of internal revenue, TO the assistant as
SCISSOR of the district in which they reside, u the amount
OF their income gains and profits rs aforesad and all
guardians and trustees, whether as executors, admins
traitors or in any other ucary capacity shall make and
render list or return, as aforesaid to the assistant as
SCISSOR Of the district in which such guardian or trustee
resides OF the amount of income gains and profits OF
any minor person for whom they act as guardian or
trustee and the assistant shall require every list
or return to be verified by the oath affirmation Of
the party rendering it, and may increase the amount OF
is uuderstated; and in any person. guardian
or trustee shall neglect refuse to make and render such
list or RETURN or shall render false or fraudulent list or
RETURN II shall be theduy Of the or the assistant
assessor to make such list according to the best nforma
ton he can obtain, by the examination Of such person,
and his books and accounts or any other evidence and
to add twenty-five per centum rs penalty to the
amount of the duty due such list In all Of wul
neglect refusal to make and render list return,
and, in all cases of false fraudulent list return
having been rendered. to add hundred per centun
penalty to the amount Of duty nscertaned to be due
the duty and the additions thereto penalty to be
assessed and collected in the provided for In other
cases Of wilful neglect refusal to render list
turn Of rendering false and fraudulent return Pro-
rided That any party, in his her behalf or
guardian or trustee shall be permitted to declare under
oath or alrnaton the form and manner OF which shall
be prescribed by the commissioner Of internal revenue,
that he She or his her ward or beneficiary not
POSSESSED OF an income of six hundred dollars liable to
be assessed according TO the provisions OF this act or
declare that he she has been assessed and paid
income duty elsewhere in the year. under authority
of the United States upon his or her gains and profits
prescribed by law and If the assistant shall be
satisfied OF the truth OF the declaration shall herepon be
exempt from income duty in said district; or If the list
or return Of any party shall have been increased by the
assistant assessor such party exhibit his books and
accounts and be permitted to prove and declare ader
oath affirmation the amount of annual income liable
to be asseed but snch oahs and evidence shall not be
considered conclusive of the facts and deductions
claimed In such cases shall be made or allowed until ap
proved by the assistant Any person feeling ag
geved By the decision OF the assistant assessor In such
ces may appeal TO the of the district and his
decision thereon, unless reversed by the commissioner Of
internal revenue shall be nal and the FORM time, and
OF proceedings shall be subject to rules and regu
aons TO be prescribed by the commissioner Of internal
| revenue"
That section one hundred and nineteen be amended by
striking out the words for thirty days" and after the
words for ten days AFTER inserting the words "notce
and"
That section one hundred and twenty be amended by
striking ont at the end thereof the word act" and in
| sorting in lieu thereof the word section"
That section hundred and twenty-five be amended
by striking thercfrom the word and" following the
word custody and inserting in lieu thereof the word
That seeon one hundred and thrty.three be amended
by adding, at the end thereof the following words Pro
ridd That duty shall be levied in respect of any
cesson vesting before subsequent to the passage n
this act where the successor shall be the wife Of the pro
dccessor"
That section ono hundred and thirtyfve be amended
by striking therefrom the word extension and insert
ing in lieu thereof the word extinction"
That section hundred and forynin be amended BY
striking out the word EASEMENT and inserting In ley
thereof the word assessment"
That section hundred and fty-eght be amended by
striking out all aer the enacting clause and inserting In
lieu thereof the following. towt: "Tha any person OIL
persons who shall make sign or ISSUE or who shall caust
TO be made signed issued any instrument document
paper of any kind or description whatsoever, or shall
accept negotiate or pay or cause to be accepted nego
tiaed paid, any bill of exchange draft ORDER
promissory note for tue payment OF money without the
same being duly stamped or having hereupon an adhe
sve stamp for denotng the duty chargeable thereon with
intent TO evade the provisions of this act shall for every
such offence forfeit the sum Of fifty dollars and such in
strument, document or paper BILL draft ORDER or note
shall be deemed invalid and of effect: "Prortded
That the title OF purchaser Of land, by deed duly
stamped shall not be defeated affected by the want Of
proper stamp any deed conveying said land by any
son from through or under whom his grantor claims OF
holds title: And provided, further, That hereafter in all
where the party has not affixed to any instrument
[as required by the hundred and ftyrst section oil
the act Of june thireth, eighteen hundred and sixty,
four or the schedule marked thereunto annexed and
the stamp thereby required to lie thereunto at the
time of making or issuing the said instrument and he or
they or any party having interest therein shall be sub
sequeny DESTROYS of axing such stamp to said instru
ment no they shall appear before the collector Of the
revenue of the proper district who shall upon the pay
ment Of the price Of the proper stamp required by law
amount of the duty denoted by the stamp required shall
exceed the of fifty dollars. on payment also Of inter
est at the rate of six per cent on said duty from the day
on which such stamp ought to have been Affixed ax the
prop stamp such instrument and note upon the
gin of said instrument the date Of his doing and the
fact that such penalty has been paid and such nstru
mept shall thereupon be deemed and held TO be valid
to all ntents and purposes as ifstamped when made
issued: And prouded further, That where 1t shall ap
pear said collector upon oath or otherwise to his sat
isacton that any such instrument has not been duly
stamped at the time of making issuing the same by
ofaccident, mistake, inadvetence urgent
cessy, and without any wilful design to defaud the
nted States Of the stamp duty to evade delay the
payment thereof then aud in such case, II such instru
SHALL within twelve calendar months after the
king issuing thereof be brought to the said collector Of
to be stamped and the stamp duty chargeable
thereon shall be paid it shall be lawful for the said COL
ecor to remit the penalty aforesaid and to cause such
to be duly stamped"
That section one hundred and sixty be amended by In
,erting before the word njury" the word accidental
md by striking out the words while travelling; also
~ striking after the words "nor certificates the
word or, and inserting in lieu thereof the word o;"
md by striking out the words "other articles and in
erting in lieu thereofth word shay"
That section hundred and sixty-fve be amended by
tring ont In the proviso the words 'act contained"
md inserting in lieu thereof the word section"
secfSou oDe hundrel six be amended