The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1868-02-08

same must write OF imprint thereon in ink
the initials of his name, and the date (,Ie
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 tina 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 prop, ic-
tary STAMPS from private dies, no method of
cancellation which differ from that above
described can be recognized as legal and
sufficient.
stamping OF Instruments by Collectors
Any person having an instrument about
to hH isslted, may present it to uhe collector,
WHO, under the authority conferred upon
him by section l62, will so stamp it as to
place tn s''tfcicncy of that particular in
strunent beyond all questions so far as
stamp duties are concerned. The provis-
los 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, II til The stamp duty with which he
thinks it charseahle has been paid. In cases
of reasonable doubt he is recommended to
obtain the opinion of this office before atfix-
ing his stamp, unless inmeaiate action is
essential to the interests Of the parties con-
ccrned.
Penalties.
4 penalty o ffifty d"lIars is imposed upon
every person who makes, signs, or issues,
or VIII" Gauss to be made, signed, or is
sued, any paper Of any kind or d scription
Whatever, Or who accepts, ncgotiates, or
pays or causes to be accepted, negotiated,
or lIid, any bill Of exchange, draft, or or
der, or pr0nlSsOry note, for the payment of
money, without the same being duly stamp
ed, or having therenpon an adhesive stamp
for dcnoting the tax chargeable 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 Il for
eign country, but payable in the United
r1'teS' uItl tie proper stamp has Ueen
aft thereto.
\ penalty of fifty dollars fine is imposed
upon every person who f%raudentIy makes
use of an adhesive stamp to denote the duty
required by the revenue act, without effect
ually canceling and oblitcrating the same
in the manner required py law.
General Remarks.
Revenue STAN rs 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
ns> has been provided.
Postage stamps can not be used in pay
ment Of the duty chargeabIe on instru-
lnpnts. |
The law does not designate which of the
I~artie> to IN instrument shall furnish the
I ecrs>ary stamp, nor does the Commission
er of ~lntern"' Revenue assume to determine
It shall be supplied by one party rath-
er than by authority but if an instrument
to stamp duty is issued without
the necessary stamps affixed thereto,
it can not be recorded, or admitted, or ,sed
as evidence IN any court, until a e.al stamp
or stamps, %denoting the amount of tx, shall
have been affixed as prescribed by law, AID
the person who thus issues it is liable to a
If he omits the stamus with an in
tent to evade the provisions of the internal
act.