The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1868-08-29

same must write or imprint thereon in ink
the initials Of his name, and the date Nho
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
n must necessarily be written across, no
other cancellation VIII be required.
All cancellation must be distinct ana
lcgible, and except in the case Of 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
Any person having an instrument about
to be issued, may present it to the collector,
who, under the authority conferred upon
him by section 1G2, will 50 stamp it as to
place tn sullicicncy of that particular in
strumcnt beyond ali questions 50 far as
stamp duties are concerned. The provis-
l0l,s Of the section can in no case be applied
to an instrument after it has been iSsucd or
used. The collector should decline to stamp
or impress an instrument, under this sec
ton, until the stamp duty witt, which he
thinks it cnarycablc has been paid. In cases
Of reasonable doubt he is recommended to
obtain the opinion Of this Office before atIiX-
ing his stamp, unless immediate action is
essential to the interests of the parties con-
cern?d.
Penalties.
\ penalty offifty dollars is imposed upon
every person who makes, signs, Or issues,
or who causes to be made, signed, or is
sued, any paper of fanny 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 prolnlsSory note, for the payment OF
money, without the same being duly stamp,
cd, OF having thCrcupon an adhesive stalnT
fer denoting the tax cIlargeabIc thereon,
Cancelled III 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-
~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 purp0rting to be drawn in a for.
eign country, but payable in the United
States, until the proper stamp has been
affixed thereto.
\ penalty offifty dollars fine is imposed
upon c}cTy person who fraulentIy makes
use of an adhesive stamp to denote the duty
required by the revenue act, without effect
ualIy canceling and celebrating the samG
in the manner required py law.
CIa,or7l Parro-l-c
Revenue STAN Is may be used indiScrim
inatcly upon any Of the matters or things
enumerated in schedule B, except proprie
tary and playing card stamps, for which
special u.s. has been provided.
Postage stamps can not be used in pay
mcnt Of the duty chargeabIe on instru
mentS.
The law does not designate which OF til,
parties to an instrument shall furnish tht
necessary stamp, nor does the Commission
er of Internal Revenue assume to determine
that 1t shall be supplied by one party rath
er than by authority ; but if an instrument
subject to stamp duty is issued without
having the necessary stamps affixed thereto
it can not be recorded, or admitted, or usec
as evidence IN any court, until a le5al STAMP
OF stamps, !enoting the amount Of tux, shall
have been affixed as prescribed by law, and
the person who thus issues it is liable to a
penalty, if he omils the STAMPS with an in
tent to evade the provisions of the internal
revenue act.