The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1868-03-07

same must write OF imprint thereon IN NIX
the initials of his name, and the date uhc
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, nc
other cancellation Will be required.
All cancellation must be distinct and
lr@il,lc, and except in the case Of pr"p'ie-
tarv Stam"s from private dies, no method Of
cancellation which differs from that above
described can be recognized as legal and
Z sufficient.
G~taE1pi0g Of Instruments by Collectors
Any person having an instrument about
. TO * issued, may PRESENT. it to the collector,
" ., u"''ci" the authority conferred upon
him Ivy section 1G22, will $" stamp it a> to
! rIa"e tn s'l!iirirncy Of that particular in
| StyumeHt beyond all qncStiotS 50 far as
stamp duties are concerned. The provis-
ions Of the section can in 10 ease be applied
to m instrument ate: it has been issued or
! nSel. The collector should decline 70 stamp
Or impress an instrument, un1rr this soc
! ton, IL til the stamp duty with which he
thinks it char4aable has been rail. In cases
oi reasonable doubt he is recommended to
obtain the opinion Of this office before atlix-
iAy hi; stamp, unless immediate action is
i eS>c.titl to III" interests "l the parties con-
c~lnJti.
Penalties.
\. rc"4ly ofhNY dnlInrS is imposed NJ Oh
every person who makes, signs, or issues,
or vino rans.> t. be made, signed, or is
sued, amy paper of any kind or Il Sc!iption
whatever, Or who accepts. nc~otiattS, or
pays, or causes to he accepted, negotiated,
or paid, amy bill Of exchange, draft, or Or
der, or prouiSS0ry note, for the payment OF
money, without the same being daily stamp
ed, or having thereupon an adhesive stamp
for lrnoting tie tax chargeabIe thereon,
Cancelled N the manner required toy law,
with intent to cva1c the provisions of the
revenue act.
\ penalty Of t'vo hundred dollars is i'm
posed upon evc'v pcrson who pays, ncgo-
%tiates, or offers in payment, OF receives Or
takes in payment, any bill of eNch4ngc or
order for the payment of any sum of money,
drawn Or pnrporting to be drawn in a for
cign country, but payable in the United
States, until the proper stamp has been
affixed thereto.
\ penalty offhy dollars fine is imposed
upon every person who fraudentiy makes
use ola adhesive stamp to denote the duty
required by the revenue act, without effect
ually canceling and oblitcrating 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 &, except proprjc-
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 chargeabIe on instru-
mcnts.
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 staulp 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, denoting the amount of tax, shall
have been affixed as prescribed by law, and
the person who thus issues it is liable to a
penalty, if he omilS the >tamuS with an in
tent to cvalc the provisions Of the internal
revenue act.