Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1872-01-26

ITIut trees, anu aIIlcleS Oh Ills own growth
or manufacture shall, before making any
such sale, obtain license to sell one year |
from the public treasurer, by paying said
treasurer all annual tax of fifty dollars, but
shall not he liable to be taxed in any coun-
ty because Of his sales. Any person viola
ting the provisions of this paragraph shall
be deemed gliltyof petty misdemeanor,
and upon conviction before any magistrate,
shall be fined not exceeding fifty dollars or
imprisoned not exceeding one month, and
shall forfeit and pay besides two hundred
dollars to the sheriff, to be collected by dis
tresS or otherwise, one-half of which shall
be accounted for as other taxes, the other
half to the use of the informer and the
sheriff equally.
Sec 25. The chief officers of banks, in
Guiding Savings Banks and private bank
ers, shall, in April and October of each
year, certify on oath the amount of divi-
deHds or profits which have been earned,
and shall pay on such dividends five per
cent. to the public treasurer and such in
Surance companies as are Incorporated by
this State shall, in April and October of
each year, certify on oath the amount Of
dividends and profits which have been
earned, and shall pay on such dividends
two per cent. On failure to comply with
the provision of this section, said banks,
companies Or persons shall pay as taxes
one thousand dollars, to be collected by the
treasurer of the State.
Sec. 26. Every insurance company not
incorporated in this State, doing business
therein, shall pay an annual tax of
one per cent. to the treasurer Of the State,
upon the gross receipts derived from the
premiums charged for insurance Obtained
therein, unless the company shall exhibit to
the Governor, auditor and treasurer a sworn
statement Of investments i'll real property
situate i'll this State, loans secured by mort
gage to the citizens Of the State Of an
amount equal to one-half of such gross re-
ceiptS, when the tax shall be one-half of
one per cent, said tax to be paid quarterly,
viz on the first days Of April, July, Octo-
Der and January in each year. Each gen
eral agent shall be required on the above
named days to make statement to the
treasurer, under oath, that the amount by
him returned IS full and correct statement
of such quarUer. On failure to comply
with the provisions Of this section, every
such company shall pay as tax two thou
sand dollars, and the principal agent shall
be liable therefor. Every such company
shall be required to appoint general agent,
who shall obtain a license from the treasu-
rer before transacting any business therein
and before such license is granted, the APP
plicant shall show to the treasurer his ap-
pointment as general agent, under seal of
the company, and thereupon the license
shall be granted by the payment Of one
hundred dollars, and such license
shall be renewed annually by the
payment of said sum. And it shall be tie
duty Of said general agent to furnish each
of his Sub-agentS with a commission au-
thorizing him to do business. And any
one found soliciting insurance without such
commission, shall be deemed guilty Of a
misdemeaner and be fined not less than
one thousand dollars and imprisoned not
less than ninety days. The agent affecting
insurance shall, on the first days of April,
July, October and January, make returns
to the sheriff of the county in which the in
surance is affected, of all the business done
by him during the preceding quarter in
said county, and shall pay to him the
county tax assessed ON such business ; the
general agent shall also, on the first days of
April, July, October and January, make
return to the sheriff of each county of the
amount of gross receipts for premiums re-
ceived from such county for such quarter.
1t shall further be required of the general
agent or his local agent, to pay to the sher-
if OF each county the county tax assessed
upon the gross receipts of premiums col
lected in such county, at the time and in
the manner as required by the State, and
no municipal corporation shall be allowed
to add any additional tax Provided, That
no county or corporation shall be allowed
to tax insurance agents for license. On
failure to make returns, or to pay as afore-
said, said agent shall pay twenty-five dol
lars for each policy effected or negotiated
by him in such county.
Sec. 27. No person shall follow any of
the trades Or professions taxed by this act,
or in any other act, imposing taxes on
trades, and professions and franchises, with
out first obtaining license from the sheriff
| of the county in which the trade or the
! profession is to be followed, or the fran
chise enjoyed, or the Treasurer of the State
when the Treasurer is required to grant Ii
cenSes. Such license shall give to the per-
son obtaining it the right to practice the
trade or profession, or to enjoy the fran
| chise therein specified, in fhe county of
the sheriff by whom it is issued, and in no
other, unless the law imposing the tax
| shall otherwise direct, from its date to the
following first day Of April Provided,
I That nothing in this section shall apply to
licensed practicing physicians, lawyers or
| dentists.
Sec. 2S. The form OF the license skall be
in substance as follows:
Received this day of 18
of dollars, of which dollars is
the tax to State of North Carolina, and
dollars is the tax TO the county of
| for his license to practice the trade
| Cor prOfeSsiOn) Of until the first day
of April next.
Signed,
Sheriff of County.
(Countersigned.)
CD
Register of Deeds for County.
Sec. 20. Any person proposing to follow
any taxed trade or profession may take out
a license in advance of the time when he
proposes to begin such trade or profession
in advance of the expiration of license al
ready held by him. In such case the Ii
cense shall be truly dated, and shall specify
the time at which it shall begin to be o
force, as well as the time when it shall ex
] pire, which shall always be On the first day
: Of January, April, July or October.
: Sec. 80. No license issued by the sheriff
shall be valid until the same shall have
|, been exhibited to and countersigned by TIN
, register of deeds Of the county, who shal
receive for the services imposed on him b.
[ this act in reference to licenses, fee O
twenty-five cents from every person Ii
censed,
/ Sec. 81. The register of deeds shall kee
: book, in which he shall record the nam
J of the person licensed, the trade or protes
sion to be followed, or the franchise to b
; enjoyed, the date at which it begins to rul
and the amount OF the tax, and he shall
| on the third Monday in January
!, April, July and October, send certifie'
, copy of such record for the quarter las
: preceding, to the Auditor of the State, VIII
2 shall charge the sheriff with the amount S
i appearing due. If any register shall fail t
: perform the duty hereby imposed on hin
s he shall forfeit to the State penalty Oftw
: hundred dollars, to be recovered of him an