New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-02-02


Power nTrS Of attorney for any other
Probate Of will, or letters II n. 80
iis1isssTatloni where the estate
ana effects for or In respecf ~
Mhtoh such probate or letter
OF administration auplied ~,
snail be sworn or declared nnt
| TO exceed thesvalue of 9l0n0 ,.
Exceeding $1,000, and not EXCEED 'A"'npe'
| DE SsV0O ....-.......... an
Exceeding $1,000, for every adli
tional $1,000, or fractional part
thereot, in excess of $1,000 "a
Promissory note. (See BIZ of er.
change, inland)
Deposit note to mutual insurance
companies, when policy is sub
Ject to duty. ........ evAnnt
, renewal of a note, subject to the
same duty as an original note.
, rrosest OF note, bill of exchange.
acceptance, check, or draft. or
! any marine protest 5 70 *
Hultclalm deed to be stamped AZ n
conveyance, except when given
~ release Of q MORTGAGE bv
mt mortgage to the mort
gagor, in which case IL Il AZ
empt; but If 1t contains COW
ehahts may be subject as an
agreement or contract.
Receipt for satisfaction Of any
mortgage or judgment or de- ~
cree Of any court. .......,.... e,ssa,
Receipts for any sum of money or
debt due, or for draft OF other etf
instrument given for the pay
ment or meney; exceeding 800
not being for satisfaction OF EYl
any mortgage or Judgment or
decree OF court. ........... 44
(See Indorsement).
receipts for the delivery Of pro
cry, ..+.............s...4. HiN
Renewal of agreement, contTsS
OF charter, BY letter or cine
wise, same stamp as orlelnp
Sherif's return on writ or or
process. .......... .....at ,nant
Trust deed, made to secure 6tt
70 be stamped as mortaSga
warehouse Sc receipts. ...,......,., exempt
pond or note, If the bond or
. note is stamped. ....... exempt.
Welghers retuFns... :. :. .s.,,., sxevaTsk
Official documenfs, ihatruments,
and papers Issued BY ofIieeIB Of
the United States governrncnt 5gefsrt.
Official Instruments, documeAls
and papers Issued BIZ the
officers of any state, county,
town, or other municipal
corporation, in the exercise
OF functions strictly belong.
ing to them in their or.
binary governmental or NUM-
cipal capacity ........,..... EXEMPT.
n Papers necessary to be used for
the collection from the United
states government of claims by
n soldiers, or their legal repre-
sentatives, for pensions back
pay bounty, or for property
q lost In the service. ............ exempt.
CaneeIIatIOn. ada
In all cases where an adhesive stamp il
|, used for denoting the stamp duty upon an
INSTRUMENT, the person usin0 a affiyinp thR
I. same must write or imprint thereon ia ink
tne 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 filing
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
a legiole and except in thu case of proprie-
=" tary stamps frem private oies no method of
cancellation which differs from that above
described can be recognized as legal and
sufficient.
Ok Stamping of Iuatruments by Collectors.
Any person having an instrument about
50 to be issued, may present IL to the collector
% who, under the authority conferred upon
him by section l62, will so stamp it as to
place the sufhciency of that particular in
50 strument beyond all question SO far as
t. stamp duties are concerned. The provis-
ions of the section can in no case be applied
to an instrument after il has beer issued or
It. used. The collector should decline to stamp
or impress an instrument, under this sec
ton, until the stamp duty with which he
Is thinks it chargeable has been paid. In cases
of reasonable doubt he is recommended to
so Obtain the opinion of this office before aftix-
90 ing his stamp, unless immediate action is
essential to the interests Of the parties con
cerned.
Penalties
10 A penalty of fifty dollars is imposed upon
every person who makes signs, or issues, OF
Is who causes to be made, signed, or issued,
so any paper of any kind or description what
ever, or who accepts, negotiates, or pays, OF
causes to be accepted, negotiated, or paid,
IT, any bill of exchange, draft, OF order, Oh
promissory note, for the payment of money
without the same being duly stamped, OF
having thereupon an adhesive stamp for de
noting the tax chargeable thereon, Cancelled
in the manner required by law, with intent
so 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 OF
takes In payment, any bill of exchange Oh
so order for the payment of any sum of money,
drawn or purporting to be drawn in for
eign country, but payable in the United
States, until the proper stamp has beer
affixed thereto.
A penalty of fifty dollars fine is imposed
It. upon every person who frauduientiy makes
use of an adhesive stamp to denote the duty
1t. required by the revenue act without effect
ually canceling and obliterating the same In
the manner required by law.
General Remarka.
y. Revenue stamps may be used indiscrim
p1' inately upon any of the matters or thingl
enumerated in schedule B, except preprieta
ry and playing card stamps, for which
special use has been provided.
Postage stamps Can not be used In pay
ment Of the duty chargeable on instruments
p. The Law does not designate which of thu
parties to an instrument shall furnish the
necessary stamp, nor does the Commissioner
of Internal Revenue assume TO determine
that 1t shall be supplied by one party rather
than by another; but If an instrument sub
iect to stamp duty is issued without having
the necessary stamps affixed thereto, IL car
not be recorded, or admitted, or used as eV
idencein any court, until legal stamp Of
w stamps, denoting the amount of tax, shall
- have been affixed as prescribed by law, AMI
W the person who thus issues 1t is liable to
W penalty, if he omits the stamps with an In
tent to evade the provisions Of the interAa
revenue act.