Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1870-04-15
STATE NEWS.

| ANNIvERsARY GRAFTON. We announce,
with great pleasure, that Gen. Matt. w
Ransom, ia response 10 request from TIE
Ladies' Memorial Association, has coz
sented to deliver tie Address before that
Association, at the next anniversary, 10:h
of May. = Raleigh Sentinel
FIRST DISCHARGE FROM THE PESIrEN-
TIAkY.-Wm. Barnett, from Person conn
ty, in for twelve months for larceny, hay
viction was on yesterday set at liberty.
The liberated convict was III good health,
AID III going off expressed his determine
ton to live better life for the future. =
Rleigh HttndtTd.
SHERIFFs.-We are informed says the
Standard, that the SherifTs Of mcst
of the STATE have Determined. under legal
advice, 10 hold their offices until the cleo
ton in August, 1872. This action, they
say is based upon the construction given
to tue 32l Section, Article ", Of the
State Constitution by Chief Justice Peat
son and Judge Dick, in which construc-
ton the Sheriffs al'ege their counsel oc-
ours.
STATE REVENUE DECISION We ale in
debted to the Pablo Treasurer for the fol-
Revenue Act
STATE OF NoRTH Carolina,
TREASURY DEPARTsIENT.
RALEIGH, April 10Th, 1870.
70 General Agents Of Insurance Companies
Your attention is called TO the following
decision made by me May 9th, 1869:
" / think the plain construction OF Sec
ton 35, schedule B Of the Revenue Act, re-
quires that each Insurance company, not
Incorporated III this State, doing business
therein, shall pay tax Of at least $400.-
If three per cent. on the premiums receiv-
Ell, &C, exceeds $500, then the company is
bound for such three per cent.
"The agents Of the companies IN the
several counties will pay to the Sheritfs
three per cent. on the premiums, &C.
When the returns shall be made to tie
Treasury, If it shall appear that the aggre-
gate amount paid by all the agents of any
company does not reach $500, then the diff
ference will be collectabe by the Treasurer
from the principal agent of the company"
Section 80, Schedule b above referred to
is republished for information.
''Sec. 35. Every insurance company not
incorporated in this State, doing business
therein, shall pay on the amount Of assess
ments collected, premiums received and
obligations for premiums, three per cent,
not to be less than four hundred dollars
for each company; on failure to comply
with the provisions of this section, shall
pay as tax two thousand dollars and the
principal agent shall be liable therefor -
The above per centage tax shall be payable
on The first day Of April of each year, and
every three months thereafter"
You will please transmit TO this office,
as soon as practicable, q statement Of the
amount of assessments collected" "pre-
miums and Obligations for premiums" re-
ceived by your company during the year
ending March 31st. 1870, with the view to
collecting the unpaid tax now due, under
section 30 of the former law, above
quoted.
1t will be noticed that the General Assem-
bly, has provided a new mode Of taxing
insurance companies not incorporated in
this State. The operations under the new
law commenced April |, 1870.
Agents have been made acquainted with
tho provisions of the present law, and a
prompt compliance Herewith is desired.
d. A. JENKINS, State Treasurer.
Raleigh Standard