The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1866-11-15
oFTfcIALI
LAWS OF THE United STATES,


CHAP XV.-AH ACT 70 declare the
| Meaino Of certain Parts Of the Internal
| Revenue Act, approved June thirty, eigh
| teen hundred aud sixty -four, and for otheI
| purposes.
| BE Il eHaoiea bg Ae Senate and House 81
EfDyesentafiBes the United Statesof 1Iaeyfca IL
| CoHgrsss assembled. That. IN section one hun
| dred aud twenty Of the act entitled IAN act
| 10 provide internal revenue 10 support the
| Government, 10 pay interest on the public
debt, and for other purposes" approved
June thirty, eighteen hundred and sixty flour
| the words, "all dividends in scrip or money
| thereafter declared due and whenever the
same shall be payable to stOckhOlders
| pOlicy-hOldcrs or depOsitOrs," are hereby de.
clared 10 mean all dividends in scrip or mon.
oy wherever payable, and al. stockholders
policy holders, depOsitOTs, or parties whatsO-
| ever including nOn-residents, whether citi
zens or aliens.
SIC 2 Ind be II further enacted, That IN
section one hundred and twenty-five Of said
act the word stockholders" 10 hereby de
clared to mean all persons or parties whatsO-
ever that arc or may be stockholders, lnclud-
ing nOn-Iesidents, whether citizens or aliens;
aud the words "all such interest or coupons,
shall be payable" are hereby declared to ap-
ply to all snch interest or coupons, dividends
OF profits wherever the same are or may be
payable, and to whatsoever party or persons
the some nfe or may be payable including
non-residents, whether citizens or aliens.
SIC. 3. Ind be itJurther enacted, That ii
shall DO tho duty Of all persons required to
make returns or lists of income and articles
or objects charged with any duty or tax, as
provided by the act aforesaid, or any act
ainendatOry thereof, To declare in such re-
turns whether the several rates and amounts
therein contained are stated according 10
their values in legal-tender currency; aud in
case of neglect or refusal 80 to state, to the
satisfaction of the assistant assessor receiving
such returns or lists for such persons 50 neg
Letting or refusing, as in case of persons
ncglecting or refusing to make the lists or
returns required by the acts aforesaid, and
TO assess the duty thereon, and 10 add there
to the amount of penalties imposed by law
in case of such neglect or refusal
SEC. ind be II further enact d, That
whenever the rates and amounts contained
III the lists or returns rs aforesaid shall be
stated IN coin money, it shall be the duty Of
each assessor receiving the same to reduce
such rates and amounts TO their equivalent
IN legal tender currency, according to the
Nhlue Oh huch com money ln SAID currency
at the time when and place where said lists
or returns are receivable, and which value
the said assessor shall determine And the
lists required by law TO be furnished TO col
lectors 10y assessors shall in all cases contain
the several amounts Of taxes or duties as
cssod, estimated, or valued in legal tender
currency only.
SEC. O. dHdbe Il further enacted, That the |
provisions ofthis act shall, SO far as neees-
sary, apply to all returns, lists, assessments, |
aud collections required by the acts afore-
said IN addition 10 those above mentioned, |
by whomsoever made, returned, assessed, or |
in any mode or for any purpose |
whatever. And the Commissioner Of Inter
lnl Revenue, under the Direction of the
secretary Of the Treasury, is hereby, author-
zed 10 make all necessary rules and regula-
ions for carrying this act into effect.
APPROVED March 10, 1866