Smyrna times., 1869-03-17
The State TaX E&iu.


The following is synopsis of the Tax Ri
now pending in our Legislature:
Some OF the leading provisions of the Bill
may serve to give the public generally an idc;
of its character.
BY the first section of it, every individual
ASSOCIATION OF persons, firm or corporation on
gagged III selling produce, merchandise. good,
wares and property Of every dissertation ar,
required to pay, in addition to the taxes now
imposed 10y existing laws, one fifth of one uel
/ cent on the gross amount Of sales made, every
three months
The second section imposes upon all persons
associations and firms engaged as owner or
owners IN the production or manufactures Of
goods, wares or merchandise of every drscrip-
uon a tax OF fifth Of one per cent. ON the
actual value or the gross amount produced or
manufactured, every three months.
section three Tor the use OF the State. makes
1t the duty of the clerk of the Court of Errors
and Appeals to collect in addition to fees now
allowed 10y law from the party applying for the
process, hive dollars for every writ of error is.
sued the l'rOthonotarics Of the Superior Court
IN the several counties fifty cents for every
| original writ every CertiOrari. every judgement
confessed on warrant of attorney and for every
five hundred dollars or fractional bart Of five
hundred dollars secured by the judgement in
each case; the Recorder of Deeds fifty cents for
every deed and mortgage recorded; fifty cents
lor every hve hundred dollars secured thereby
except when bond accompanies it for the
same sum, and flty cents on every other instru-
ment recorded except marriage returns; the
Registers OF Wills fifty cents for the probate of
every will, and for letters of Administration ::
every Register in Chancery for every subpoena
issued on the filing a Bill of complaint or peti-
tlon and on every summons in partitiOn. one
md 1 n
mand and receive for the use of the State on
every summons issued for appearance of the
defendant, every attachment to commence an
action, and every judgement entered on war
rant, twenty-five cents.
Section seven imposes on every agent of anv
insurance company organized bv the laws of
any other State or County, except Delaware. a
tax to be paid in January, April, July and Oc-
tober In each year, of two and one half per
cent. on the gross amount of premiums receiv-
ed and assessments collected. The rate per cent.
Is lett to be liked on all companies organized
under the laws of this State.
Under section nine every corporation doing
business in the State shall pay annually tax
OF One-halt OF one per cent. on the cash value
OF every share OF Its capital stock except such
as are subject to tax under other provisions of
law.
Section eleven imposes on every private
banker every broker and every real estate
agent tax of five per cent. on the amount of
gross receipts received by him or them annually. /
In section twelve Building and Loan Asso-
1lations are taxed, but the amount is left to be
by the thirteenth and subsequent sections,
collateral inheritance, distributive shares and
egacles are made subject to taxes, but the
amount is not fixed.
Section twenty-tour taxes all debts secured
" or due on judgement decree recognzance,
mortgage, BILL bond, prOmissOry note, stocks,
+ shares in any bank, institution or company. {
The above embraces nearly every subject of
nxatiOn enumerated in the bill.