The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1868-05-30

same must write or imprint thereon in ink
the initials of his name, and the date (the
year, month, and day. on which the same
is attached or used. Each stamp should be
separately Cancelled. When stamps are
printed upon checks, etc, so that in filling
up the instrument the face of the stamp is
and must necessarily be written across, no
other cancellation will be required.
All cancellation must be distinct and
leglble, and except in the case of proprie-
tary stamps from private dies, no method Of
cancellation which differs from that above
described can be recognized as legal and
sufficient.
Stamping Of instruments by Collectors
Any person having an instrument about
to be issued, may present it to the collector,
who, under the authority conferred upon
him by section 1862, will so stamp it as to
place the suticiency of that particular in
strument beyond all questions so far as
stamp duties are concerned. The provis-
ions of the section can in no case be applied
to an instrument after it has been issued or
used. The collector should decline to stamp
or impress an instrument, under this sec
ton, until the stamp duty with which he
thinks it chargeable has been paid. In cases
OF reasonable doubt he is recommended to
obtain the opinion of this office before afix-
ing his stamp, unless immediate action is
essential to the interests of the parties con-
cerned.
Penalties.
A penalty of fifty dollars il. imposed upon
every person who makes, signs, or issues,
or who causes to be made, signed, or is
sued, any paper of any kind or description
whatever, or who accepts, negotiates, or
pays, or causes to be accepted, negotiated,
or paid, any bill of exchange, draft, or Or
der, or promissOry note, for the payment of
money, without the same being duly stamp
ed, or having thereupon an adhesive stamp
for denoting the tax charseable thereon,
cancelled in the manner required by law,
with intent to evade the provisions of the
revenue act.
a penalty of two hundred dollars is i'm
posed upon every person who pays, nego-
%tiates, or offers in payment, or receives or
takes in payment, any bill of exchange or
order for the payment of any sum of money,
drawn or purporting to be drawn in a for
eign country, but payable in the United
States, until the proper stamp has been
affixed thereto.
A penalty offifty dollars fine is imposed
upon every person who fraudently makes
use of an adhesive stamp to denote the duty
required by the revenue act, without effect
ually canceling and obliterating the same
in the manner required Ply law.
General Remarks.
Revenue STAN IS may be used indiscrim-
inately upon any of the matters or things
enumerated in schedule B, except proprie-
tary and playing card stamps, for which a
special use has been provided.
Postage stamps can not be used in pay
ment of the duty chargeable on instru-
ments.
The law does not designate which of the
parties to an instrument shall furnish the
necessary stamp, nor does the Commission
er of Internal Revenue assume to determine
that 1t shall be supplied by one party rath-
err than by authority but if an instrument
subject to stamp duty is issued without
having the necessary stamps affixed thereto,
it can not be recorded, or admitted, or used
as evidence in any court, until a legal stamp
or stamps, d%enoting the amount Of tax, shall
have been affixed rs prescribed by law, and
the person who thus issues it is liable to a
penalty, if he omits the stamps with an in
tent to evade the provisions of the internal
revenue act.