The tri-weekly standard. [volume] (Raleigh, N.C.) 1866-1868, 1867-01-26

lllaI any person llaDc 10 pay lax Ill respect 10
any succession shall give notice to the assessor or
assistant assessor of his liability to such tax with
in thirty days from the time when he shall be-
come entitled in possession to such succession or
to the receipt of the income and profits thereof,
and shall at the same time deliver to the assessor
or assistant assessor full and true account of
said succession for the tax whereon he shall be
accountable, and of the value Of the real estate
involved, and of the deductions claimed by him,
together with the names OF tue successor and
predecessor and their relation t. each other, and
all such other particulars shall be necessary
proper for enabling the assessor or assistant as
SCISSOR fully and correctly to ascertain the taxes
due 4 and the assessor assistant assessor, if
satisfied with such account and estimate origi
nally delivered, or with any amendments that
may be made therein upon his reg ,lstion, may as
sess the succession tax on the footing of such
count and estimate; but it shall be lawful for the
assessor or assistant assessor ii dissatisfied with
such account, or if no account and estimate shall
be delivered to him, to assess the tax on the best
information he can obtain, subject to appeal as
hereinafter provided; and if the tax SO assessed
shall exceed the tax assessable according to the
return made to the or assistant assessor,
and with which he shall have been dissatisfied, or
If no account and estimate has been delivered, and
if no appeal shall be taken against such assess
ment then it shall be in the discretion of the as
SCISSOR, having regard to the merits of each case,
to assess the whole or any part of the EXPENSES
incident to the taking of such assessment, in ad
dtion to such tax; and If there Shall be all appeal
against such aforementioned assessment then the
payment OF such expenses shall be in the discre-
tion of the commissioner of internal revenue
That section one hundred and forty eight be
amended by striking out all after the enactng
clause and inserting i'll lieu thereofthe following:
That if any person required to give any such no
tice or deliver such account, as AFORESAID, shall
wilfully negiGt to do so within the time required
by law, he shall be liable to pay the United States
sum equal to ten per centum upon the amount
Of tax payable by him; and if any person liable
nay nv tn,- in of nt lie cSin ho11
ater such tax snail have been finally ;eu,rtalmca,
wilfulIy neglect to do so within ten days a!rr he
ing notified he shall also be Liable TO D y to the
United States sum equal To ten per ccntum upon
the amount of tax so unpaid, at the same time
and in the same manner as the lax to be collec
ted.
That section one hundred and fifty be, and the
same is hereby, repealed.
That section one hundred and fity-twO be amen
ded by striking out all after the enacting cialsc
and Inserting III lieu thereof the following: That
it shall not be lawful to record amy instrument,
document, or paper required by Ia" TO be stamp
ed, unless astainp stamps OF the proper amount
shall have been affixed, aud cancelled i'll the man
ner required by law; and the record 0i any such
instrument, upon which the proper stamp or
stamps aforesaid shall not have been affixed and
cancelled aS aforesaid, shall be utterly void, and
shall not be used in evidence.
That section hundred and hfty-tour be
amended by striking out all after the enactnt
clause ana inserting in Ecu thereof tic follow inG
That all official Instruments, documents, and pa
pcrs issued by The officers OF the United States
government, or by the officers of any state, coun-
~, town, or other municipal corporation, shall
he, and hereby are, exempt from taxation: Pro-
ridcd, That il is the intent hereby 10 exempt from
liability 10 taxation su"n State, county, town, Or
ot!.Cr municipal corporation, in the exercise only
OF functions strictly belonging 10 them III tcir or
dinary governmental and municipal capacity.
That section one hundred and fitty-ive be
amended by striking Out all after the cnactlng
f,,iI
That if any person shall forge or counterfeit, or
cause or procure to be forged or counterteitcd,
any stamp, die plate or other instrument, orany
part Of any stamp, die, plate, or rothcrnstrument,
which shall have belen provided, or may here
after be provided made, or used in pursuance OF
this act, or shall iOSge, counterfeit or resemble
or cause or procure to be forged, cOuntcricitcu,
or rc-clibiCd. the impression, or any part of the
Impression, OF any such stamp, die, plate, or 9th
er instrument, aforesaid, upon any reilum
parchment, or paper, or Shall stamp or mark. or
cause or procure to be stamped or marked, any
vellunl, parchment, paper, with any such for
gcd or cOunterieitcd stamp, die, plate, or other
instrument, or part of any stamp, die, plate, or
or other instrument, as aforesaid, with intent to
dctraud the United States OF any ol the taxes
hereby imposed, OF any part Thereof; or II any
person shall utter, or sell, or expose to sale, any
vcllum, parchment, paper, article, or thing. hay
mg thcrcupOn the impression OF any such coun-
tericitcd stamp, die, plate, or other Instrument
any part OF any stamp, die plate, or other in
rcscmblcd impression, or part OF impression, as
aforesaid, knowing the same TO be forged, coun-
tcricitcG, or rcsemblcd; or if any person shall
knowingly use or permit the use OF any stamp
die, plate, other instrument, which shall have
been SO provided, made, or used, aforesaid,
with intent TO dciraud the United States; OF if
any person shall fraudulently cut, tcar remove,
d cause procure to be cut, torn, or removed,
the IMPRESSION of any stamp, die, plate, or other
instrument, which shall have b. en- povidcd, made,
used, in pursuance OF this act, from any yculn,
parchment, or paper, or any instrument or VIII
ting charged or chargeabie with any Of the taxes
imposed by law; or if any person shall fraudu-
cnly use, join, fix, place, or cause to be used,
joined, fixed, or placed. to, with, or npon any
yellum, parchment paper or any instrument or
writing charged Or chargcable with any OF the
taxes hereby imposed, any adhesive stamp, or the
impression of any stamp, die, plate, or other in
strumcnt, which shall have been provided made,
or used III pursuance of law, and which Shall have
been cut, torn, or removed from any other vel
lum, parchment, or paper, or any instrument or
writing charged or chargeable with any OF the
taxes imposed by law: OR if any person snail viii
fully remove cause to be removed, alter or
cause to be altered, the cancelling or defacjng
marks on any adhesive stamp, with intent to use
the same or to cause the Use of the same after il
shall have been once used, or shall knowingly or
wilfully sell or buy such washed or restored
stamps or offer the same for sale, or give or eX-
pose the same to any person for use, or know
ngly use the same, or prepare the same with in-
tent for the further use thereof or il any person
shall knowingly and without lawful excuse (the
proof whereof shall lie on the person accuScd)
have in his possession any washed restored or
altered stamps, which have been removed from
any vellum, parchment, paper, instrument, or
writing, then, and in every such case, every per-
son so offending, and every person knowingly
and wllfully aiding, abetting, assisting in
mlttlng any such offence as aforesaid, shall, on
conviction thereof forfeit the said counterfeit
stamps and the articles upon which they are
paGel, and be punished by fine exceeding
one thousand dollars, by imprisonment and
confinement to hard labor not exceeding five
years, or both, at the diacrciion of the conrt
That section one hundred and ffty-eight lie
amended by striking out all after the enaetinS
clause and inserting in lieu thereof the following:
lhat any person or persons who shall make, sign,
or issue, or who Shall cause to be made, Signed
or issued, any instrument document or paper of
any kind or description whatsoever, shell ac-
cept, negotiate, or pay, or cause to be accepted,
negotiated, orpaid, any bill of exchange, draft
OF order, or promlsSory note for the Payment OF
money, without the same being duly stamped, Or
having thereupon an adhesive stamp for fenotiIssr
the TAX chargcabe thereon, and cancelled in the
manner required by law, with intent to evade the.
% OF TINS aet SHALL tor every such offence
forfeit the sum of fifty dollars, and such instru-
ment, document, or paper, bill, draft, order, Or
note, not being stamped according to law, shall
be deemed invalid and of no effect: Provided,
mat the Title OF apurchaser of land by deed duly
stamped shall not he defeated or affected by the.
want OF proper stamp on any deed conveying !
sald land by any person from, through, or under
whom his grantor claims or holds title: And pro-
ylded further That hereafter, in all where +
the party has not affixed to any instrument the I
stamp required by law thereon, at the time of
making or issuing the said instrument, and he or
they, or any party having an interest therein,
snail be subsequently desirous of atfiXing such
stamp to said instrument, or if said instrument |
De lost, TO copy thereof he or they shall appear
before the collector of the revenue of the proper
district, who shall, upon the payment of the price