The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1867-04-05


NUMBER IA. -
son Of non-perloFuanee ofits conditions
receipt given for such payment requiFesa
two cent stamp, fftbe amount received ex-
ceeds SEQ. and a two cent STAN Only. But
when the time Of payment has passed. and
Q tender of the premium is uot.sufIicient TO
bind the company. tuta new policy orsa
new contraetof some form. with the musu-
ality essential to every contract, becomes
Decessary between the insurer and the in
sured, the same amount Of stamps should
be used as that required on the original
policy. A permit issued by life insu-
rance company, changing the terms Of
policy as TO travel, residence, occupation.
etc, should be stamped as a contract or
agreement. -
A bond to convey real estate requires
STAMPS Is tls anouat g tssnsE-Fvs esb,s.
a morsgage given to secure a security from
loss or given for any purpose whatever,
/ other than surety for The payment of
definite and certain sum ef money, is taxa
! bic only as an agreement Of contract Up
pom every assignment or transfer Of arnoftl
gage, q stamp tax is required equal to that
imposed upon mortgage for the amount
remaining unpaid this tax is required up-
sn every such transfer in writing. whether
there is asaleof the mortgage or not but
no stamp is necessary upon the indorse-
ments of negotiable instrument, even
though. the legal effect of such indOrse-
ment lie to transfer mortgage by which
the Instrument is secured.
The official bonds of administrators. ex
ecutOrs and guardians, are subject 10 a
stamp tax of one dollar each, as bonds for
the due execution or performances Of the
duties Of an Office, Receipts taken by ad-
miuistrators, executors. guardians, trus-
tees, ETC., to be used as vouchers upon the
settlement Of their accounts, are subiectto
the same stamp tax as other receipts Par
tition deeds between tenants in common
need not be stamped as conveyances, mas
much as there is no sale Of reality, but
merely a marking out a defining Of the
boundaries Of the part belonging to each :;
but where money or other valuable consid-
Grafton is paid by one cotenant to another.
for equality Of partition. there is sale to
the extent Of such consideration. aud the
conveyance by the party receiving it, .abuold
be stamped accordingly.
Every broker should be required to state
( in his returns the entire. amounts Of his
r. sales, including hose made through other
brOkrs from that amount he may deduct
t the amountof sales made by him through
other brokers, and upon which a tax has
been paid, and should himself pay. a tax. up.
on the remainder. He should be requir-
ed to sto,e in his retuan when, where, and
by whom the sale deducted by him were
: made, and the Assistant Assessor. should
ascertain, by correspondence or Otherwise,
whether his representations are correct.
i BY section seventyfour Of the act of
June 90, 1854, as amended, is is provided
that no special tax shall be required forthe
o sale, by manufacturers of producers, of
: their own goods. wares aud merchandise, at
: the place Of production or manufacture, or
) at their principal Office or place ofbusinesg.
provided no goods, wares or merchandise
n S0C0Pb aS SdHuPISS5 are hepJ az -SuCu ONCE
It or place of business. This is Understood
e to authorize manufacturer or producer to
9 sell goods, wares and merchandise of his
If own manufacture or production at any time
n at the place aud in the manner above men
d toned, without paying a special tax as
# dealers even though he has discontinued
IS the manufacture or production, and the
1t lime covered by his license as a manufae-
II turer has expired.
: ARsENIo.-Tbe Chicago Board ofTrade,
n at meeting last week, passed a resolution
appropriating one thousand dollars for the
d Southern sufferers, aud then repeuted and
; recinded it. We suppose the aid was to be
sent q, the form of -four. a member OF
the Board said he was willing TO send ar