The New York herald., 1866-07-21
the TAX ON BROKERS' SALES.

Correspondence Between Collector Sheriaan
shook and United States District Attorney
Samuel q. Courtnoy-Judge NelsOn's Decd.
sion to be Respected int the Cases or CLARK
Dodge q CO. and Pe.bedy . Ce.-An Al.
peal Expected 60 be Taken from the Deed.
sisn 0fJudge Nelson to the United States 90.
preme Court, &c.
The following correspondence has recently taken place
between Mr. Sheridan Shook, Collector Of the Thirty
second Internal Revenue District OF this scity, an1
Samuel G. Courtney, United States District Attorney N
reference to the recent decision OF Judge Nelson respect
ing the internal revenue tax on brokers' sales
hR SHERIDAN SHOOK TO UNITED Arroxs1v
n,sIs, ss
Hon. sAsvsI 9. Coasrsss. US Dissriss xaors.y:~ .
States Circuit Court has made decision ia the several cssss
sna ss Il III.
assessing or collecting ta.cs made by them the
% s law G% nos IN and w ~
by the Revenue Department has been affected moiins2
: -''' 1''' A SHERIDAN SHOOK. collee,or.
couRrNKY's REPLY.
OFFICE & or DISTRICT Arro.EEY oy UNITED STATES
snERIpAs Shook. Esq Collector Of Internal Rsvenus:~
SIR have the honor to acknowiese he receipt Of
n e. sr @ i"
agS Won y"u a.e and Sn Se lib r. and in w,a
and % % %
ss
ders tn be entered in the decided have
70 grant njunrtons in the eases OF CLARK Dodge Go AND
Of under The Of Revs
rd r ac sn @ s ae & y the
ronTha, your orators in tho execution of their said
Asri, 1885, and each q the intervening months.
Ing house, reosva stocks. ' bonds and bullion for
s @ asa 3 a a. aa a
and sale and did there discount and sell the said bill q
or he
and for them on Ssaen spS o ne
sum usually and ordinarily charged by bankers for Ike
your orators IN The prosecution c their s.
mentioned did also from time to tmc at their said bang.
ing house lend and advance money to various parties
q % @ M ana s & oe s"e
ana = to s Whom S sd S
been 50 and adyanced and from hc proceeds Of tbs
and AZ a. tie hsreSn on And @ the usual and customary charges
b, S sss sas
count con and q their ris ana not commission for
and % nsF Gf . s Soaa
70 10 other han themselves were in any wise inter-
.ions the bins respectively.
l;, your orators, T. the their ~.
e. and parties. did asssrdsg
s a pa II la n S. % G New AND
IN the name of the person for whom and
whose account the made, and withOul
disclosing tho seller thereof person.
and did In each OF said transactions according
said stocks bonds and bullion 50 bought such
or tors and by them held and retained security Tho
repay yment Of tho advanced and paid
celvfng the OF their said the
and the usual and customary commissions charg6
s''ss ss ds :nz
bullion 80 purchased and In case OF tho non-psy-
ment Of such sums d'd sell tho satd, st0cka bonds
and bullion 70 reimburse themsevss the an,csat
paid by and due 70 them aforesadn That
the decision granting the writs Of has yet tony
knowledge been recognized by the proper executive depart
and yonr action not 70 be controlled By ~ cxcspt 70 @
conpatnants In whose respective suits Il rendered
appeal will deubess taken decision Of Justeo
Nelson 70 the uprome Court OF the United States anl
pending the determination OF which the ~
Crcnt Court should b. respected The aforesa
SAMUEL. a. COURTNEY,
EM# H#H388EN "a United States Attorney.