The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1868-03-28

same must write or imprint thereon in ink
the initials Of his name, and the date tht
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 tina 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 he distinct and
leglh'e, and except in the case Of prop'ie
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 1862, will so stamp it as to
place tn s1ficiency of that particular in
>trnment beyond all questions so far as
stamp dntles are concerned. The provis-
lo"S 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, II til The stamp duty with which he
thinks it "llaryra,!c has been paid. In cases
OF reasonable doubt he is recommended to
obtain the opinion Of this office before atfix-
ing his stamp, unless immediate action is
essential to the interests If The parties con-
ccrncd,
Penalties.
\ penalty offfty dollars is imposed upon
every person who makes, signs, or issues,
or Whn o,,~ IT,, T., DO mazda .i--
sued any paper of any kind or d, scription
whatever, or who accepts, neSotiates, 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 therenpon an adhesive stamp
for denotinS the tax chargeable thereon,
Cancelled in 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 purporting to be drawn in a for
eign country, but payable in the United
States, until the proper stamp has been
affixed thereto.
a penalty ofifty dollars fine is imposed
upon every person who fraudently makes
use of an adhesive stamp to denote the duty
required by the revenue act, without effect
nally canceling and oblitcrating the same
the manner required py law.
General Remarks.
Revenue STAN rs may be used indiscrim-
upon any Of the matters or things
enumerated in schedule B, except proprie-
tary and playing card stamps, for which a
special u.s. has been provided.
Postage stamps can not be used in pay
nent of the duty chargeabIe on instru-
nentS.
The law does not designate which of the
parties to an instrument shall furnish the
ieccsSary stamp, nor does the Commissinn-
r of Internal Revenue assume to determine
hat 1t shall be supplied by one party rath-
n than by authority but if an instrument
to stamp duty is issued without
having the necessary Stamps affixed thereto,
t can not be recorded, or admitted, or ased
Is evidence IN any court, until a lie al stamp
n stamps, henoting the amount of tax, shall
been atfi xel as prescribed by law, and
he person who thus issues it is liable to a
.'enaity, if he omils the >taulis with an in
ent to cvade the provisions of the internal
'evtnue act.