The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1866-09-06
That section one hundred and three he $

amended by striking out all after the enacting
clause, and inserting in lieu thereof the follow
ing: That every person. firm, company, or cor
poration owning or possessing or having the
care and management of any railroad, canal,
steamboat, ship, barge, canal-boat, or other
vessel, or any stage coach or other vehicle,
except hacks or carriages not running on con-
tinuous routes, engaged or employed in the
business of Transporting passengers for hire,
or in transporting the mails of the United
States upon contracts made prior to August
first, eighteen hundred and siXty-siX, shall be
subject to and pay a tax of two and one-half
per cent. of the gross receipts from passengers
and mails of such railroad, canal steamboat,
ship, barge, canal-boat, or other vessel, or
such stage coach or other vehicle: Provided
That the tax hereby imposed shall not be as
sessed upon receipts for the transportation of
persons or mails between the United States
and any foreign port; but such tax shall be
assessed upon the transportation of persons
from port within the United States through
a foreign territory to a port within the United
States and shall be assessed upon and collect
ed from persons, firms, companies, or corpora
lions within the United States, receiving hire
or pay for such transportation of persons or
mails; and SO much of section one hundred
and zine as requires returns to be made of re-
ceipts hereby exempted from tax when derived
from transporting property for hire is hereby
repealed: P,ovided also, That any person
or persons, firms, companies, or corpor-
or management of any toll-road, ferry, or
bridge, authorized by law to receive toll for
the transit of passengers, beasts, carriages,
teams, and freight of any description, over
such toll-road, ferry, or bridge, shall be sub
ject to and pay tax of three per cent. of the
gross amount of all their receipts of every des
cription but when the gross receipts of any
such bridge or toll-road, for and durin g
any term of twelve consecutive calendar
months, shall not exceed the amount necessa-
rily expended during said term to keep such
bridge or road in repair, no tax shall be assess
ed upon such receipts during the month next
following any such term: Provided further,
That all such persons, companies. and corpor-
ations shall, until the thirtieth day of April,
eighteen hundred and siXty-seven, have the
right to add the tax imposed hereby to their
rates Of fare whenever their liability thereto
may commence, any limitations which may
exist by law or by agreement with any person
or company which may have paid or be liable
to pay such fare to the contrary notwithstand-
ing. And whenever the addition to any fare
shall amount only to the fraction of one cent,
any person, or company, liable to the tax of
two and half per centum, may add to- such
fare one cent in lieu of such fraction, and such
person or company shall keep for sale, at con-
venient points, tickets in packages of twenty or
multiples of twenty, to the price of which on
ly an amount equal to the revenue tax shall
be added And pro0ided further, That no tax
under the foregoing provisions of this section
shall be assessed upon any person, firm, com
pany, or corporation, whose gross receipts do
not exceed one thousand dollars per annum
And prOoided further, That all boats, barges,
and flats not used for carrying passengers, nor
propelled by steam or sails, which are foated
or towed by tug-boats or horses, and used eX-
clusively for carrying coal, oil, minerals, or ag
ricultural products to market. shall be reQuir--
ed hereafter, In lieu of enrolment fees or ton
mage tax, to pay an annual special tax, for
each and every such boat of capacity exceed
ing twenty-five tons, and not exceeding one
hundred tons, FIVE dollars and when exceed
ing one hundred tons, as aforesaid shall be re-
CURED to to pay ten dollars and said tax shall
be assessed and collected as other special tax
es provided for in this act
That section one hundred and seven be
amended by striking out all after the enacting
clause, and inserting in lieu thereof the follow
ing That any person, firm, company, or cor
poratlon owning or possessing or having the
care or management of any telegraphic line
by which telegraphic dispatches or messages
are received or transmitted, shall be subject
and pay tax of three per centum ON the gross
amount of all receipts of such person, firm,
company, or corporation.
That section one hundred and ten be amend
ed by striking out all after the enacting clause
and inserting in lieu thereof the following ::
That there shall be levied, collected and paid
a tax of one twenty-fourth of one per centum
each month upon the average amount of de-
posits of money, subject to payment by check
or draft, or represented by certificates of de-
post OF otherwise, whether payable on demand
or at some future day, with any person, bank,
ASSOCIATION, company, or corporation engaged
IN the business of banking and a tax of one
tWenty-tourth of one per centum each month,
aforesaid, upon the capital of any bank, asso-
citation, company, or corporation, and on the
capital employed by any person in the bust
ness OF banking beyond the average amount
invested in United States bonds and tax of
nP ntIIT1n ooh ont
on the average amount of circulation issued
by any bank, association, corporation, cOmpa
ny, or person, including as circulation all cer=
tilted checks and all notes and other obliga-
tons calculated or intended to circulate or to
DC used as money, but not incluning that in
the vault OF the bank, or redeemed and on de-
post for said bank; and an additional tax of
one-slXth OF one per centum, each month, up
IN the average amount of such circulation, is
sued as aforesaid, beyond the amount of nine
ty per centum ofthe capital of any such bank,
association, corporation, company, or person.
And a true and accurate return of the amount
OF circulation, of deposit and of capital as
aforesaid, and of the amount of notes of per-
sons, State banks or State banking associations
paid out by them for the previous month,
shall be made and rendered monthly by each
OF such banks, associations, corporations, com
panies, or persons to the assessor of the dis
trlct IN which any such bank, association, cor
poration, or company may be located, or in
with declaration annexed thereto, and the
oath of affirmation of such person, or of the
president or cashier of such bank, association,
corporation, or company, in such form and
manner as may may be prescribed by the Com
missioner OF Internal Revenue, that the same
contains true and faithful statement of the
amounts subject to tax as aforesaid and for
any refusal or neglect to make or to render re-
turn and payment, any such bank, association,
corporation, company or person so in default,
10 and -
hundred dollars, besides the additional penal
ty and forfeitures in other cases provided by
law; and the amount of circulation, deposit
sapital, and notes of persons, State banks and
banking associations paid out, as aforesaid, in
default of the proper return, shall be estimat-
ed by the assessor or assistant assessor of the
district aforesaid, upon the best information
he can obtain and every such penalty may be
recovered for the use ofthe United States in any
court OF competent jurisdiction. And in the
case of banks with branches, the tax herein
provided for shall be assessed upon the crcula-
ton of each branch, severally, and the amount
OF capital OF each branch shall be considered
to be the amount allotted to such branch and
so much of an act entitled can act to provide
ways and means for the support of the govern
ment," approved March three, eighteen hun
dred and sixtyrthree, as imposes any tax on
banks, their circulation, capital, or deposits,
other than is herein provided, is hereby re-
pealed: P7o0ided, That this section shall not
apply W aSSOcldUlOnS winch are taxed under
and by virtue of the act "to provide national
currency secured by pledge of United Suites
bonds, and to provide for the circulation and
redemption thereof" And the deposits in as
sociations or companies known as Provdent
Institutions Savings Banks, Savings Funds, or
Savings Institutions having no capital stock
and doing no other business than receiving de-
posts to be loaned or invested for the sole ben
eht OF the parties making such deposits, with
out proht or compensation to the association
or company, shall be exempt from tax on SO
much of their deposits as they have invested
in securities of the United States, and on all
deposits less than five hundred dollars made
turns required to be made by such P,oyident
Institutions and Savings Banks after July.
eighteen hundred and sixty six, shall be made
on the first Monday of January and July of
each year, in such form and manner as NAV he
prescribed by the Commissioner of Internal
Revenue. '
That section one hundred and eleven be