The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1866-02-24
Tennessee Legislature.

j.
Assembly of the State of Tennessee, That
goods, wares and merchandise, brought or
sent into this State, for sale at auction or on
commission, shall pay the same tax of one
per cent. on the dollar as Is by this act im-
posed on sales ofmerchandise by merchants
and collected IN the same manner, and all
attempts to eyade said tax, or refusal and
failure to pay the same shall be forfeiture
Of said goods, wares and merchandise; and
1t shall be the duty Of the Attorney General
Of the District, on information, to bring suit
and enforce said forfeiture, for which he
shall be allowed, out of the proceeds of
sale, q fee of twenty-five dollars
SECTION ,. Belt further enacted, That
section first chapter eight of an act to
amend the revenue laws Of the State be
amended as follows
l. On all sales Of merchandise, by mer-
chants on its invoice cost at places where
purchased, unless tax has once been paid to
the State on same, one per cent.
2. On the regular and general business Of
money exchange brokers, twelve hundred
and fifty dollars.
g. On the business of banking operating
under laws Of this State or established by
laws out of this State, three-fourths per
cent on the capital stated in the affidavit
filed for the license as intended to be used
in the succeeding twelve months.
4. On granting policies of insurance by
all companies doing business IN the State,
twenty hundred dollars.
5. On granting policies Of insurance on
lives, confined by their charters exclusively
to Life Insurance, fifteen hundred dollars,
on any company doing business in this
State.
6. On the business Of a broker of real es-
tate, carried on as a regular aYocation, five
hundred dollars, If in city having pOpu-
lation of over ten thousand inhabitants if
In any other place, fifty dollars.
Z. On importing, selling or manufacturing
playing cards, per deck, fifty cents
8. On keeping confectionery, to be cal
cuIated on its invoice cost where purchased,
one per cent
9. On concerts and musical entertain
ments for profit, and not for benevolent pur-
poses, for each day and night, ten dollars.
TO. On exhibiting for profit any museum,
menageri of any kind, dwarfs or persons of
unusual size, or animals deformed, paintings
and statuary excepted, for each day and
night twenty dollars,
IL. On exhibiting for profit slight Of
hand, legeFdemain or other exhibitions, for
each day and night, tend dollars. r-s
II. On amount OF sales of land and town
lots or parts of town lots, one mill on the
dollar.
I3. On license on drinking houses and
drinking saloons, on capital not exceeding
$3.50, e,hundred dollars on capital above
$3.50, twenty per cent. in addition, TO be col
lected on each one hundred dollars.
IA. On keeping a track for turfracing-
one mile track, five hundred dollars half
mile track, two hundred dollars quarter
mile track, one hundred dollars
Is. On all express companies for privilege
to be paid to Comptroller, on takiug out Ii
cense, one Thousand dollars, and in addition
give bond to Comptroller of five thousand
dollars, to account and pay over one per cent
on their income from their business done in
this State.
16. All lawyers proposing to practice law
in any court, must take out license, and
pay an annual tax of one per cent on the
gross annual income.
II. All persons who set themselves up as
doctors of medicine, or surgeons, or den
fists, must take out a license, and pay an
annual tax of one per. cent on their annual
income a-
SEC. 3. BE IL. further enacted That each
Justice Of the Peace who, in the discharge
of his duty as an assessor of taxable prop
erty in his district, or any assessor Of tax
able property in any incorporated city or
town, who shall in any case refuse or know
ingly neglect to perform any duty enioined
eonnive at any evasion whereby any pro-
ceeding required by the tax laws of this
State, or relate to the collection of the taxes,
shall be prevented or hindered, or whereby
any property, capital or income required to
be listed for taxation by this or any other
act, shall be unlawfully exempted, or the
valuation thereof be cntored on the tax list
at less than its true cash value, shall, for
every such neglect, refusal, consent or con-
nivance, forfeit and pay to the State not
less than one hundred dollars, nor more
than one thousand dollars, at the discretion
of the court, to be recovered in the name Of
the State, by the Clerk of the County Court
SEC f. BE It f,nther enacted, That sub
section five of section 54l, and article three
of the Code be so amended that all race
horses used for racing, entered, trained or
run during the year succeeding the assess
ment each.
.. All horses and mules over the value Of
$500 shall be taxed as other property.
3. All neat cattle or sheep over the value
Of 81 to be taxed as other property.
4. All investments, by inhabitants Of this
State, in stocks out Of the State, except in
bonds and other securities of the United
States, and all other stocks shall be assessed
at their cash value.
SEC j. BE IL further enacted, That all
/ laws Of the State upon the subject of taxes,
except as altered or repealed by this act are
[ still in full force and effect.
This act shall take effect from and after
the date Of its passage.
/ Passed on first reading, referred to the
Committee on Finance, Ways and Means,
/ and one hundred and forty copies ordered
to be printed for the use Of the Senate.
Since the above was put in type we learn
from the Memphis Argus Of a late date that
the tax on imports was further reduced to
three-fourths per cent, an amendment having
been offered and accepted to that effect, and
that the bill has passed its second reading
and in all probability viii become law at
an early day.
Hints to Thai .Sterens Charles Lamb
used to relate with great glee that his theO-
| logical investigations were exhausted in de-
! vising scheme for equalizing punishment
after death This he proposed to do by
having a special hell for Scotchmen, in which
the birthstone should be Ief out! thereby
consigning them In double sense to the
- old scratch Some chan ont West has