The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1868-04-25

same u write Or imprint thereon in ink
the initials Of his name, and the date (the
year, month, andday) on which the same
Us attached or used. Each stamp should be
separately canceiea. When Stamps are
printed upon checks, etc, SO thai insflline
up the Instrument the face Of the stamp Is
and must necessarily be writtea across, no
other cancellation will be required.
All cancellation must be distinct and
leglhIe, and except in the case O. prop,ic.
'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
my person having an instrument about
TO DC issued, may present it to the collector,
VINO, under the authority conferred upon
him by section 1862, will 50 stann if as to
piace 'h' su1hclency of that particular i'll
strufnent beyond all questions so far as
stamp duties are concerned. The provis-
IONS OF the section can in no case be APPLIED
10 an instrument after it has been issued or
used. The collector should decline to Stamp
or impress an instrument, under this sec
ton, 1tll the stamp duty with which he
thinks 1t chargeable has been paid. In cases
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.
A penalty Of fifty dollars is imposed upon
every. person who makes, signs, OF issues,
or ne causes to be made, signed, or is
sued, Shy paper of any kind or description
whatever, or who accepts, ncgotiates, 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 chargeabIe thereon,
Cancelled in the manner required by law,
with intent to evadc the provisions of the
revenue act.
A 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 for the payment of any sum of money,
drawn or purporting to be drawn in a for
e'gn country, but payable in the United
States, until the proper stamp has been
affixed thereto. 49,. -.
A penalty of fifty dollars fine is imposed
upon every person who fraudently makes
use of an adhesive stamp to denote the duty
required by the revenue asst, without effect
uaAy canceling and obliterating the same
in the manner required py law.
5f' .'~. General Remarks. ",
Revenue STAN IS may be used indiscrim-
inately upon any of the, matters or things
enumerated in schedule B., except p~roprie-
tary and playing card stamps, for which a
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
to an Instrument shall furnish the
necessary stamp, nor does the Commission
cr of Internal Revenue assume to determine
It shall be supplied by one party rath-
than by authority but if an instrument
to stamp duty is issued without
having the necessary stamps affixed thereto,
It can not be recorded, or admitted, or used
rs evidence in any court, until a legal stamp
II stamps, denoting the amount of tax, shalI
nave been affixed as prescribed by law, and
he person who thus issues it is liable to a
if he omits the, stamusg with an in
.ent to evade the provisions Of the internal
act. ." -" .f'*N