The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1871-12-14
Stamp 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 Parliamentary, 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, .02.
BILL OF EXCHANGE, Gnland,) draft or order
for the payment of any sum of money, not
exceeding 800, 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 to be paid on
| demand or at a time designated, for a sum
not exceeding $500, .O5 ; for every additional
| 500, or fractional part in excess of$l0O, .O5
LEASE, where annual rent is $500 or less,
| so, where the rent exceeds $500, for each ad-
| ditional $500, or fraction in excess of $500,
| 80. Assignment of a lease, same stamp as
original and additional stamp upon the value
or consideration 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.
PoTER OF ATTORNEY, to sell or transfer
stock, bonds or script; to collect dividends.
interest or rent, .25, 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, 30
RECEIPTS, for the payment OF any sum Of
money, or for the payment of any debt due,
exceeding $40 mot being for the satisfaction
| of any mortgage or judgment, or decree of q
court, or by endorsement on any stamp obi
CATION in acknowledgment of its ful6llment
all which are exemPt,) for each receipt, .O2
SALEs.-Bill or memorandum of sale, OF
contract of sale of stocks, bond, gold or sill
YER bullion, coin, promissory notes or Other
securities, when made by brokers, banks OF
bankers, requires stamps equal to one cent
on every SIOo 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, .o5. 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 Whatso-
eyer, or for accepting, negotiating or paying
or causing to be accepted negotiated or paid,
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.