The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-06-13

HE hiy Important 10 Bankers and BroIker
Am ost important change has been made, ny order
thu Com missioner, in the Thirty-second Internal Re-
enus Coll cton district (Mr. Shook's, which, more tina
anv,h;ro \, VI has been done in that direction hereto
Co., -, 80, to facilitate the collection Of the revenu
"a, nna mos, nportant item this dslricp accruiu
from the BANKING and brokerage businesses.
ITnn, vsrv ,o,s,v owing to the manner in which u
district was divided 'e coaec'on purposes the oanE
and brokerage office. were scattered, some Of thel
being in one sub-divisiou and some in another whic
fact tended to make 'n0 Assessmen' on an
collection from them Of 40 'esenue TAX . MAUI
that led to much vexation aunoyance' a. the ~
rious deputy assessors had div 'so esSiu'ns =
manner in which the tax was 80 iev'0u ~ o'os
to obvate the difncuty thus crel 'eo inc Deparmen
decided to create new sub-diviso ~ TINS olstrC
which should have control OF these Gsss IN!
Mr. William f. Boardman, OF Assessor uu1er. = ONE
was placed in charge OF this subdivision, NJ IT," ~
since assumed the duties OF his positio ~ oIW
to facilitate the workings OF his department u 70 ~
sent to bankers and brokers clear staten, ~. % =.
matters required Of them in connection with uu a0ss
law, the penalties attaching for non -perfo, mani
thereof and the rulings OF the Commissioner "
Puted points touching banking and brokerage, ~
Boardman, under direction, prepared circular
cincty setting forth everything affecting these
tons which will to-day be distributed for the informa
tant circular Is as follows
lAct Of June 30 1854 section e. subdivision one)Every
pany having place for the Transaction Of more Of
a. Receiving deposits collecting money subject to be
(al Leaning advancing stocks bonds bullion. bills
for sale stocks bonds bull
Hon. bills Of . exchange or pro nni notes
eseoon ss person. arm or
fST Is.sys:
u
,s.co TAHrs ESaga.D or BANKS AND sAsTEss
or banker esosp. savings banks providen
psy no oSsr Or Of @ their
ho9sand in addition upon the of their capital
Section llo,2 Monthly Every bank banker employ
ps pay Th
whole amount ,Ssn Of their capital dse1ctng herefrom
The average amount q deposits held sl Ana every bank
he a Of CT
tom and sixth Of per cent the average amount
the
tAet Of March % 1857 section Dc And every national
required tax Of cent the Of notes
Of any town. CITY or municipal corporation paid out by them
tsectioa lsoS~s On dividends and surplus Every bank
bends Or q profits 70 required to from
whether citizens aliens ave per cent pay
sums sums made added during the year their
s.eon ON an So in case OF nes. 70 max.
dividends Or Every bank legally authorized
dividends additions % \. surplus contingent fund
once In sx months required to pay tar Of
(Act June 30 1854 section 1861. Savings banss Ac
having no capital and doing other than rec:yn
postor- without prod, to the bank association or company
ss e.. Hn 50 % # their deposits " they
deposit. les, than $500 made IL the Of
monthly tax required section ito but are required the
National Bank law 70 pay It's equivalent in semi annual
sionsrs Of Internal Revenue.
(secton 7s-Sub division nine III Annual Every per.
q q rs .
banker which covers both the business Of banker and
lsection sg-2. Stamp lax on all transactions Every
broker Is required to pay one cent on each 500
coin, promssory notes. bonds or other securities.
now RANKS AND BANKERS ARE REoUiRED TO PAT rHEIE
sses.on H. amended March da; J. lssz,-l They are re-
quired to make the following
or assistant Of the district which their place Of
a. An annual for special license tax,
fore the frat day Of March for the commencing with
lsection iioa2) monthly capital
posts and circulation, or either one Of thcm
ssscson ES5-s, seml-.nnual return Of dividends and
sssction Is2t4) In Of neglect TO mako dividends
profits they are legally ss 40.
After making returns above from time 70 time banks
or bankers to await from the collector Of the
fed BY him.
make returns assistant Of the
the he f following
..s ssni.e REQUIRED sse1s ns.ass 2 :.
o ana on Sssa e s Of
hundred dollars sold or contracted.
(secton l4- For refusal or neglect to make any re-
Ss Ss IN 30 s s
thirty days nifty per cent in addition to the tax and one
lsec.on no ~ For refusal Or neslec. Of bank
banker 70 make the required monthly returns in each
tsecon 80 -3 For doing business as bank banker or
es than so nor han 500 the
special license tax, aud nifty cent added thereto for
Sales contracts for gold silver balIOn coin proms
any firm or company not paying special or license
for each I OF The sOd
tsecton ~ For neglect to afx stamps required BY
Law Or for delivering or receiving any sum Or suns without
b 81 sale % Of ds aee9rd
ena
penalty when exceeds 500. and
According to the ruling q the Commissioner of Internal
Revenue money borrowed or received by bank banker
%
banking as upon Is
paid BY stamps required 70 be included IN monthly re
All who have neglected make any portion Of
are 70 or such aorS for
whatever II not made the assessment, with
penalty added. will be made.
N BAn applications for special tar lcensel and all re-
kind banks bankers brokers the
Thirty collection district OF New York, should be
made NJ the Assessors Office 50 Cedar street.
The Assessors books OF the Thirty district for
the 1867 all in the hands Of Collector shook
and the clerical force OF the Office ousy employed in
preparing notices to the assessed TO come forward and
pay up the taxes levied them.
In the Eighth district Thomas r. Smith, Collecior,)
the Assessors returns all In except from one sub
division he Fourteenth) and the Collector viii soon DO
ready 70 receive the taxes
Below win BIO found comparative table OF the assess
ments IN this district made up from the
MONTHLY AND ANNUAL MAY !, 1868, TO MAY
I. 1857.
1865. 1880.
NAY ...................S iO6 sos 1854 0a1
June. ACKNOWLEDGEMENTS. 1881 ZIG, sA
July Observation-Disclosures. ol2N 1s3,9l5
a0a