The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1868-02-29

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 thai 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
Iegible, and except in the case of prop'ie-
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, uuder the authority conferred upon
him by section 1G2, will so stamp it as to
place tn suf1icicncy 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 seen
ton, ultll the stamp duty with which he
thinks it chargeable has been paid. In eases
OF reasonable doubt he is recommended to
obtain the opinion of this office before affix-
ing his stamp, unless immediate action is
essential to the interests Of the parties con-
cerned.
Penalties.
\ penalty orfifty dollars is imposed upon
every person who makes, signs, or issues,
or WIN, rorunc 70 ho ,nalo ,l o.
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
tor denotlng the tax ~chargeable thereon,
Cancelled IN the name required by law,
with intent to evadc the provisions of the
revenue act. t
\ penalty of two hundred dollars is i'm
posed upon every person who pays, nego-
tlates, or offers in payment, or receives or
takes IN payment, any bill Of exchange or
order ior the payment Of any sum of money,
Drawn or purporting to be drawn in a for
e'sn country, but payable in the United
oGateS, until the proper stamp has been
affixed thereto.
\ penalty offifty dollars fine is imposed
every person who fraudentIy makes
use OF an adhesive stamp to denote the duty
required by the revenue act, without effect
lally canceling and celebrating the same
N the manner required Ply law.
General Remarks.
Revenue STAN Is may be used indiscrim-
nately upon any of the matters or things
in schedule B, except p~roprie-
airy and playing card stamps, for which a
pecial use has been provided.
Postage stamps can not be used in pay
nent of the duty chargeable on instru-
nentS.
The law does not designate which of the
'artles to an instrument shall furnish the ,
IeceSSary stamp, nor does the Commission !
r OF Internal Revenue assume to determine I
1t shall be supplied by one party rath- s
r than by authority but if an Instrument {
uhject to stamp duty is issued without |
avlng the necessary stamps affixed thereto, {
can not be recorded, or admitted, or used
$ evidence in any court, until a legal stamp
r stamps, denotIng the amount of tax, shall {
been affixed as prescribed by law, and ),
ne person who thus issues it is liable to a '
if he omits the stamps with an in 7
INT to evade the provisions of the internal +
act