The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1871-11-09
JtanaD Duties,

From the Schedule of Stamp Duties i'm
posed by Act of Congress, the following
items are selected as those most likely to be
needed by persons in business. Stamps are
also required on Agreements, Appraisements,
Bills of Exchange (foreign), Bills of Lading,
Bills of Sale, Bonds, Contracts, Insurance
Policies, Letters Testamentary, and various
other documents for the particulars con-
corning which complete schedule must be
consulted:
BANK CHECKS, DRAFTS OR ORDERS. for any
amount, on any bank, banker, or trust com
pany, at sight, or on demand, .O2; for amount
exceeding $40, on any person other than a
bank, banker, or trust company, at sight or
on demand, .O2.
BILL OF EXCHANGE, (inland) draft or order
for the payment of any sum of money, not
exceeding 500, otherwise than at sight or on
demand, or Promissory Notes Except bank
notes and checks,) or any memorandum,
check, receipt, or other written or printed ev-
idence of an amount of money 10 be paid on
demand or at a time designated, for a sum
not exceeding 500, .O5 for every additional
500, or fractional part in excess of SlOO, .O5
LEASE, where annual rent is $500 or less,
so, where the rent exceeds $500, for each adj
ditional $500, or fraction in excess of $500,
so. Assignment of a lease, same stamp as
original and additional stamp upon the value
or confederation of transfer according TO the
rates on deeds.
MORTGAGE OF PERSONAL BONDS, given as
security for the payment Of any definite sum,
from $500 to $500, so; from $500 to $1,000,
81; for every additional $500 or fraction, SO.
Assignment or transfer of mortgage, same
stamp as mortgage for amount unpaid.
POWER OF ATTORNEY, to sell or transfer
stock, bonds or script; to collect dividends,
interest or rent, rs, to vote by proxy at any
election for officers of any incorporated COM
pany or society, except charitable, religious
or literary society or public cemeteries, 10 (;
to sell and convey or to rent or lease real es.
tate, 81; for any other purpose, So
RECEIPTS, for the payment of any sum Of
money, or for the payment of any debt due,
exceeding $50 mot being for the satisfaction
of any mortgage or judgment, or decree of a
court, or by endorsement on any stamp obi
cation in acknowledgement of its fulfllment,
all which are exemPt,) for each receipt, .O2.
SALEs.-Bill or memorandum of sale, or
contract of sale of stocks, bond, gold or sill
yer bullion, coin, promissory notes or other
securities, when made by brokers, banks or
bankers, requires stamps equal to one cent
on every 500 or fraction of 500 Of the
amount of such sale or contract; when made
by person, firm or corporation not paying
special tax as broker, bank or banker, and
when property is not his or their own, for
every 500 of value, .0j. A memorandum
of sale or contract must be made by the SELL
er to the buyer, and the stamps affixed there
to.
The penalty for making, signing or Issuing
any instrument, or paper of any kind Bhatso-
ever, or for accepting, negotiating or paying
any bill of exchange, draft or order or prom
issory note, for the payment of money, with
out the same being duly stamped and the
stamp duly cancelled with intent to evade the
law, $50; and the instrument shall be deemed
invalid and of no effect.