The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1868-05-02

same must write or imprint thereon in ink
the initials Of his name, and the date (the
year, month, and day. on which the same
is attached orused. Each stamp should be
separately Cancelled. When stamps are
printed upon checks, etc, so thai in filling
up the inst1 ument the face Of the stamp is
aud 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-
tary stamps from private dies, no method Of
cancellation which diners 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 presentit to the collector,
who, under the authority conferred upon
him by section 1G2, will 50 stamp it as to
place til. SufIicicncy cf iL.at particular in
strumelt beyond all QUESTIONS 50 far as
stamp dntir> ;&c concerned. The proviS-
ions Of the section can in no case be applied
to an instrument after il has been issued or
used. The collector should decline to sramp
or impress an instrument, under thi> sec
ton, It'll the stamp duty with whGcl. he
thinks it c!largcahlc has been paid. In cases
Of reasonable doubt lte is recommended to
obtain the opinion Of this office before atliX-
ing his stamp, unless immediate action is
essential to the interests % the parties con-
cclnel.
Penalties.
\ 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, ncgotiatcs, 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 denotiug the tax cllargcable thereon,
Cancelled IN the manner Icuuire1 by law,
with intent to eyale the provisions Of the
revenue act.
A penalty Of two hundred dollars is i'm
posed upon every person who pays, nego-
~tlates, or oilers in payment, or receives or
takes in payment, any bill Of exchange or
order for the payment of any sun of money,
drawn or purp0rting to be drawn in d for
cign country, but payable in the United
States, until the proper stamp has been
affixed thereto.
A penalty offfty dollars fine is imposed
upon every lerson who fraulently makes
use OF an adhesive stamp to denote the duty
required by the'reven@e AIT, without effect
ually cancelinS and obIiteratinS the same
in the manner required Ply law.
/ General Remarks.
Revenue STAMPS 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 a
special Use has been provided.
Postage stamps can not be used in pay
ment Of the duty chargcable Oh instru-
mentS.
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-
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 used
aee-id@nce in any court, until a letal stamp
or stamps, dcnoting 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 omits't the stamps with an in
tent to evade the provisions of the internal
revenue act.