Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1872-01-04
The Revenue Bill.
Full Text Of the Measure as II
Passed the General Assembly.

SECTION /. Be it enacted by the
General Assembly of the State of
Tennessee, That the State tax or
every one hundred dollars worth
of property, upon which taxes are
by law assessed for State purposes
shall be forty cents.
Sec. 2. Be it further enacted
That section l of an act passed
May "a, 1860, be SO amended as
to read, on each presentment OF
Indictment, five dollars.
SEC. 3. Be it further enacted
That a tax of five dollars shall
hereafter be imposed upon each
defendant in State cases in the
Supreme Court, where said de-
fendant has the cost to pay.
SEC. 4. Be it further enacted,
That in all criminal causes sub.
mitted under the small offense
laws before Justice of the Peace,
a State tax of two dollars in each
case, in addition to the fine i'm
posed; and the bond required tc
be executed by section 5Q04 of
the Code OF Tennessee, by Justices
of the Peace, shall be held to in'
clude and make liable the officers
mentioned in said section for the
tax imposed and collected under
this section, except that said State
tax shall be by said officers paid
to the Clerks of the County Courts
of their respective counties instead
Of to the County Trustees.
SEC. 5. Be it further enacted
That in all criminal cases before
any Mayor OF Recorders Court in
this Stale, the defendant, or party
taxed with the cost, shall pay q
State tax OF two dollars, to be col,
lected by said Recorder and paid
over by him to the County Court
Clerk Of the County, as in cases of
Justices Of the Peace, Sheriffs and
Constables under the prect ding
section. And the County Court
Clerks receiving revenue provided
! for in this act, are hereby directed
to pay over to the State Comp
troller, said revenues SO received,
as other State revenue received
by them; and Magistrates and
Recorders so paying money to the
Clerks shall take from the Clerks
duplicate receipts for the same,
one of which shall be forwarded
to the Comptroller of State.
SEC. G. Be 1T further enacted,
That section 5 ofthe act of March
Is, 1868, be so amended that here.
after all claim agents shall pay q
State tax of twenty-five dollars
each, instead of ten dollars, as now
provided by law.
SEC. T. Be it further enacted,
That the holders OF all State, coun'
ty and corporation bonds, in this
State, shall pay an ad valorem
tax thereon, equal to the tax on
other property, upon the actual
value of said bonds in the market
and section 19 of the act of March
/, 1869, so far as it exempts said
bonds from taxation, is hereby re-
pealed. That a tax Of 6s cents
on the dollar shall be levied on all
incomes derived from United
| States Governm aht bonds, and
from all other stocks and bonds
not taxed ad valorem. The hol-
ders of United States bonds and
all other stocks and bonds con
templated in this section, shall re.
port on the first Mondays of May
and September, to the County
Court Clerks of their respective
counties, and state under oath tc
him the amount of bonds so held
and pay to him the tax thereon
SEC. s. Be it further enacted,
That section 5 of the act of Janu'
ary "a, 1871, to provide for revs'
nue. for the State, shall be so a
mended as to read, '"That each tel
egraph company upon receipts
from kilograms to and from point:
in this State, and each railroad
company and every other incorpor
ated company doing business ii
this State not taxed ad valorem
except charitable, religious anc
educational, shall be taxed fouI
mills on the dollar on their gross
receipts. The tax levied by thil
section on Incorporated companie'
shall be paid to the County Cour
Clerk of the county in which thu
principal Office of the company i
located. And all railroads, who's,
principal Office is in anothe
State, shall pay this tax t
the Clerk Of the County Cour
in which their principal Of