Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1868-05-07
The State Revenue Law.
An Act passed March 18th,
1868.
rConcluded.7 I

| 1868.
| rConcluded.1
! Sec. IL. Be it further enacted
That whenever, by the require
ments of section COZ of the Code
it becomes the duty of all Taz
Collectors to give notice that they
are prepared to make their collec
tions, it shall also be the duty of
said Tax Collectors, at the same
time and in the same manner, te
make full publication of all such
parts of this act as in any way
relate, either to the time when tax
es are declared due, or to the pen.
alties imposed on failure to pay
said taxes at the specified times,
Sec. IL. Be it further enacted,
That no part of the monies de-
posted with any one of the depo-
sitories under the provisions Of this
act shall be drawn by the Treasur-
er, except upon the check of the
Treasurer, countersigned by the
Comptroller.
Sec. 13. Be it further enacted,
That it shall he the duty of the
State Treasurer Immediately up
on the passage of this act, to des-
ignate and appoint one of the
National Banks at Knoxville,
Nashville, and Memphis, as a
depository of the revenue Of the
State, and require from each said
repositories, a bond with sufficient
security, in the sum of three hun
dred thousand dollars each, to be
approved by the Governor, Comp
troller and Treasurer, and upon
execution and approval thereof,
the Comptroller shall issue a cir
cular letter to each of the Clerks
and Collectors charged with the
duty of collecting the State reve-
nue., notifying each of them of
the requiremets of this act; and
thereupon the said Clerks and
Collectors in East Tennessee. shall
commence depositing the State
revenue received by them, respec-
lively, in the depository at Knox
Vile; the Clerks and Collectors in
Middle Tennessee, in the deposi-
tory at Nashville; and the Clerks
and Collectors in West Tennessee,
in the depository at Memphis, as
provided in this act. Provided,
however, that the Clerks and
Collectors in Knox, Davidson and
Shelby counties, shall deposit,
weekly, the monies due the State,
collected by them, with the depo-
STORY designated in the said coun-
ties, respectively.
Sec. IA. Be it further enacted,
That if any Tax Collector shall
hereafter willfully fail and refuse
to pay into the Treasury of the
State, the revenue which he has
collected, he shall be guilty of a
felony, and it shall be the duty of
the Attorney General of the dis.
trict, in which such defaulting
Revenue Collector may reside, to
prosecute him for such ofense,
and upon conviction thereof, he
shall be imprisoned in the State
penitentiary for period OF not
less than five, nor more than
twenty years. The word Tax
Collector, as used in this section,
is intended to include and en-
brace all persons intrusted with
the collection of the public reVe'
nue..
Sec. Is. Be it further enacted,
That all revenue received by the
Collector of the public taxes, and
not drawn for by the Treasurer,
as provided for by this act, shall
for each year, be due and payable
on the first day of December, of
each year, and the Collector shall
account for and pay over the
same to the Treasurer, on or be-
fore said day, except that portion
of the same, which is collected on
lauds reported for non-payment OF
taxes, which shall be accounted
for and paid to the Treasurer, on
or before the 1st day of August,
after the sale.
Sec. 16. Be it further enacted,
That no Injunction OR petition for
paandamus shall be granted by any
Judge or court in the State, on any
| bill or petition for naandan'ss, allie.