The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1868-08-22

same must write or imprint thereon IN INK
the initials of his name, and the date (the
wear, month, and day. on which the same
IS attached or used. Each stamp should be
separately Cancelled. When stamps are
nrinted upon checks, etc, so thai 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
lcgible, and except in the case of proprie;
ts2v 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 1862, will SO stamp it as to
place the suficiency of that particular in
I<trlment beyond all questions so far as
stamp duties are concerned. The provis-
ions 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, until the stamp duty with which he
thinks it chargeable has been paid. In cases
of reasonable doubt he is recommended to
obtain the opinion of this office before aflix-
ing his stamp, unless immediate action is
essential to the interests Of the parties con-
cerned.
Penalties.
A penalty of fifty dollars is imposed upon
every person who makes, signs, or issues,
or who causes to be made, signed, or is
sued, any paper of any kind or description
whatever, or who accepts, ncgotlates, or
pays, or causes to be accepted, negotiated,
} or paid, any bill of exchange, draft, or or
der, or promissory note, for the payment OF
money, without the same being duly stamp
ed, or having thcrcupon an adhesive stamp
for denoting the tax chargeable thereon,
Cancelled IN the manner required by law,
with intent to eyadc 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 OF
order for the payment of any sum Of money,
drawn or ~purporting to be drawn in a for
cign country, but payable in the United
i. States, until the proper stamp has beer
} affixed thereto.
A penalty O fifty dollars fine is impo~cj
upon every person who frandent'y makes
use of an adhesive stamp to dcuotu the duty
required by the revenue act, without effect
uaily canceling and celebrating the same
in the manner required py law.
General Remarks.
Revenue STAN - may be used indiscrin
inateiy upon any of the matters or th.ings
enumerated in schedule B, except ,lroprIe
tgry and playing ca!d stamps, for which
special US, has been provided.
Postage stamps can not be used in pay
ment of the duty chargeab'e on instru
ments.
The law does not designate which of th'
parties to an instrument shall furnish TIL
necessary stamp, n1r does the Commission
er of Internal Revenue assume to determine
that 1t shall be supplied by one party rath
err than by authority bat if an instrumen
subject to stamp duty is issued without
having the necessary stamps affixed thereto
0 it can not be recorded, or admitted, or usec
as evidence in any court, until a legal STAMP
0 Or stamps, Lenoting the amount of tax, shall
have been affixed as prescribed by law, anc
the person who thus issues it is liable to
penalty, if he omits the stamps with an in
D tent to evade the provisions of the interna
revenue act.