Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1872-01-26
Reported for the journal.
An Act % Raise Revenue.

hereinafter designated, payable III the eX- |
isting national currency, shall be assessed |
and collected under the rules and regula- |
tiOns prescribed by law.
Sec. .. On each taxable poll or male be- /
tween the ages of twenty-one and fifty, ex-
cept such poor and intirm persons as the
county commissioners may declare and re- |
cord fit subjects for exemption, there shall |
be annually levied and collected a tax OF
ono dollar and five cents, the proceeds of
such tax to be devoted to purposes of edu-
cation may be prescribed by law. If any
poll tax shall not be paid within sixty days
after the same shall be demandable, it shall
be the duty of the sheriff, if he can find no
property OF the person liable sufficient to
satisfy the same, to attach any debt or 9TH
er property incapable OF manual delivery,
due or belonging to the person liable, or
that may become due to him before the ex
piration of the calendar year, and the per-
son owing such debt, or having such prop
erty in possession, shall be liable for said
tax.
Sec. d. The taxes hereinafter designated
shall be applied to defray the expenses of
the State government and to pay appropria-
tions for charitable and penal institutions.
CLASS 1.
Sec. l. There shall be an al valorem tax
of 16S cents for the general fund on every
personal property in the State, subject to
exemptions made by law, including moneys,
credits, bonds, stocks, &c.
Sec. 2. A special tax Of twelve cents on
the one hundred dollars shall be levied and
| collected on all the taxable property of the
State, to be applied to the erection Of the
penitentiary and support Of the cOnVcts.
Sec. 3. A special tax Of eight and one
third cents Oh the hundred dollars shall be
levied and collected on all the taxable prop
| erty of the State for the Insane Asylum and
the Institution for Deaf, Dumb and Blind.
CLASS 2.
! The subjects and persons mentioned in
the following class shall be taxed as special
| ly mentioned:
/ Sec. l. On the net incomes and profits
/ other than that derived from property taxed
! from any source whatever, during the year
preceding the first day of April in each
! year, there shall be tax Of one per cent.
| The income tax shall include interest on
! the securities Of the United States, of this
State, or other State or Government. In
estimating the net income the only deduc-
ton by way OF expense shall be:
l. Taxes other than the income tax due
/ this State.
/ 3. Rent for use Of buildings or other
property or interest on encumbranccs on
property used in the business from which
the income is derived.
3. Usual or ordinary repairs Of the
buildings from which the income is de-
rived.
4. Cost or value Of the labor, Except
that Of the tax payer himself) raw mate
rial, food and all other neces-
sary expenses incidental to the business
from which the income is derived,
together with the necessary expenses of
supporting the family, which shall i'll no
instance exceed one thousand dollars.
The tax payer shall return to the asses
sOr the gross amount Of his income and the
gross amount of his expenses to be de-
Quoted therefrOm, which return the asses
sor shall file in the office Of the county COM
misSionerS.
Sec. 2. Upon all real and personal estate,
whether legal Or equitable, situated within
the State, which shall descend or be de-
vised or bequeathed TO any collateral rela-
ton or person, other than a lineal descend
ant or ancestor of the husband or wife of
the deceased, or husband or wife of such
ancestor or descendant, or to which such
collateral relations may become entitled
under the law for the distribution of the
intestate estates, and which real and per-
sOnal estate may not be required in pay
ment Of debts and other liabilities, the fol-
lowing per rentIun tax upon the value
) thereof SHAH be paid:
l. If such collateral relation be brother
or sister of the father or mother Of the
deceased, or issue of such brother or sister,
tax of one per cent.
2. If such collateral relation be a more
remote relation or the devisec or legatee be
a stranger, tax Of two and half per cent.
The real estate liable to taxation shall be
listed by the deviSee or heir i'll 4 separate
! column, designating its proper per cent.
tax. The personal estates or real estate
reduced to assets, shall be liable to the tax
in the hands of the executor or adminis-
:. TRAITOR, and shall be paid by him before his
! ! administration account is audited OF the
real estate is settled to the sheriff of the
county. ftle real estate descended Or
devised shall not be the entire Inheritance,
e the heir or devisee shall pOy pro rata part
of the tax, corresponding with the relative
value Of the estate or interest. If the lega-
i cy or distributve share to be received shall
9 not be the entire property, such legatee OF
. distributee shall in like manner pay a pro
I rata part of the tax according to the value
8 of his or her interest. Whenever the per
l sOnal property in the hands Of such admin
istrator or executor (the same not being
/ needed to be converted into money, in the
- course of the administrator shall be OF
uncertain value, he shall apply to the coun
ty commissioners to appoizt three impair
;. tial men of probity to assess the value
= thereof, and such assessment being re-
2 turned to the commissioners and being
8 confirmed shall be conclusive Of the value.
: To facilitate the collection Of tax on col
4 laterals, every executor or administrator
% shall return in his inventory whether the
:. estate of the deceased goes to the lineal o.
n collateral relations or to a stranger, and l
- to cOllaterals, whether such collateral be
Is longs to the first or second class abOv'
e stated, under penalty OF one hundred
d dollars, to be recovered in the name AM
Il for the use of the State and it shall be tn
Il duty of the superior court clerk Of the cOun
o ty to furnish the sheriff with the names O
n the executors and the administrators VIII
q make such returns, after each and ever
4, term Of his court.
:, :, SCHEDULE B.
+ The taxes in this schedule imposed ar
4, license tax for the privilege of carrying O.
j. the business or doing the act named; an
" nothing in this schedule contaiued shall b
If construed to relieve any person from tn
l. payment of the I'D rGiOreIR tax on his pre-
k perty as required by the preceding s,,hed
te ule, and no county, city, town, Othe
al municipal corporation, shall levy any great
TO er fax than levied by the State for tn
Sc privileges herein taxed.
in Section l. Travelling theatrical compa
E. nies shall pay five dollars for each exhib
as ton. When the theatrical exhibitions ar
IN by the season Of not less than one montl
y the tax shall be fifty dollars per month.
Ot Sec. 2. On each concert or musical Ell
at tertainment for profit shall be paid five do
b. lars; Oh each lecture for reward, five do
er lars.
al See. 3. On museums, waN-works or CT