The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1880-04-08

house, business or agency, the license shall be-
based on the average of deposits for each day
throughout the year, as follows, VIZ:
First class, when the said deposits are
| over ...,............... .Slouu,uuU
Second class, when the said deposits
are over Observation-Disclosures. 100000
are over ................... 100000
are over NATURALIZATION , 600
over NEUTRALITY-SUSPICIOUS. 100000
Sixth class, when the said deposits are
over .,.................. 25o.OoO
Seventh class. when the said deposits
are over. ............... 175,oOo
Eighth class, when the said deposits
are over. ....-....-................. $4,000
Ninth class when the said deposits
Tenth class, when the said deposits
are over. ....................... $4,000
Eleventh class, when the said depos-
| its are. Observation-Disclosures. $4,000
| or less.
| That each and every pawnbroker or keeper
OF loan office shall pay a license, to be
graded as follows: Each pawnbroker or
keeper of loan office, whose capital In ac-
tive use is $4,000, shall be graded as first
class.
That when the capital In active use Is $4o,-
000 shall be graded as second class.
That when the capital In active use is $780,
000 shall be graded as third class.
That when the capital in active use Is $780,,
| 000 shall be graded as fourth class.
That when the capital In active use Ia $10,-
00O shall be graded as fifth class.
And when the amount goes over the
amount as specified in either class, the
grading shall be Ia favor of the highest class
SEC. 6. Commercial business.) That for
every whole ale or commission business OF
selling, the license shall be based on the gross
annual amount of sales as follows viz:
! First class, when gross sales are
|
Second class, when gross sales are
over. OBSERVATION-DISCLOSURES, o00,0 900
over ..................,.... 100000
Fourth class, when gross sales are
over .................... 1000, 900
Fifth class, when gross sales are
over. .................. 100000
over ...............,...... l, 500, 900
over. ,...,....-.-..'............. 100000
Eighth class, when gross sales are
over ..................... 100000
Ninth class, when gross sales are
over .............'.... 100000
Tenth class, when gross sales are over 100000
Eleventh class, when gross sales are
100000, or less. Provided no dealer shall
be deemed wholesale dealer unless he or
they sell to dealers for resale.
That for every business OF selling at retail
or auction, the license shall be based on the
gross annual amount OF sales as follows, viz:
flTSC ClaSS, when safes are over. SZ,5UU.UUU
over. ..................... :. 1000. 900
Third class, when gross sales are over 100000
Fourth class, when gross sales are
over. ..................... 1000, 900
Fifth class when gross sales are over 100000
Sixth class, when gross sales are over 100000
over ........................ 100000
Eighth class, when gross sales are
over ........ ................. ...... 10000
Ninth class, when gross sales are
over .,........ ..................... $4,000
Tenth class, when gross sales are
over. ....,.............. 5U,UUU
And that In this department Of retail aud
auction business instead Of the eleventh class
there shall be five classes, as follows, viz:
When gross sales exceed 100000. 80. $50
When gross sales exceed $4,000 ... 20
When gross sales exceed $4,000. 800. Is
When gross sales exceed $4,000. 49,. 10
When gross sales are less than $4,000. 5
Prouided, That II any distilled spIrituous,
vinous, malt or other kinds OF mixed liquors
be sold IN connection with the business of re-
tall merchant or grocer. In quantities OF not
less than one pint or more than five gallons,
the license for such combined business shall
be double the foregoing, and Ii any of the
above liquors are sold in less quantities than
, one pint in connection with the business of re-
tail merchant or grocer, the license shall be
four times the above amount for such COM
b ned business.
@SEo. 7. 1nsuring). That for every business
conducted by an insurance company, society,
association, corporation or other organization
or firm doing an insurance business of any
kind, fire, marine, river, life, accident or other
In this State, whether located here or operat-
ing through branch department, resident
board, local office or through the medium of
any person, firm, company, corporation or
agency including private Underwriting of in
surance policies, the license shall be based on
the gross annual amount of premiums, as
follows viz:
FOR BUSINESS BY RESIDENT PRINCIPALS.
First class, when said premiums ex-
ceeu ......... SOU, 900
Second class, when said premiums ex-
Third class, when said premiums ex- '''''
coed .........,..... ................ 100000
Fourth class, when said premiums ex-
coed neutrality-suspicious.. 100000
coed ........... ............... 100000
Sixth class, when said premiums ex-
coed .............. $4,000
Seventh class. when said premiums
exceed. .................... $4,000
Eighth class, when said premiums are 10000
or less.
FOR BUSINESS OF FOREIGN PRINCIPALS.
The licenses shall be graded as above pro-
vided In this section ex cept that the gross
amounts constituting the different classes
shall be one-half the gross amounts set forth
In the classification provided for business of
resident principals.
SEC. s. Carrying and storing.) That for
every street railroad business, or business of
operating a local railroad. and for every
business OF transporting money, merchan-
disc, furniture or other articles by express or
transfer, OF operating one or more towboats
or tugboats, of keeping a warehouse or stor-
age room, the license shall be based on the
gross annual receipts of said business, as
follows:
First class, when receipts are over. $500, 900
Second class, when receipts are over 100000
Third class, when receipts are over 100000
Fourth class, when receipts are over. 100000
Fifth class, when receipts are over. 100000
Sixth class, when receipts are over $4,000
Seventh class, when receipts are over $4,000
Eighth class, when receipts are over $4,000
Ninth class, when receipts are over. 5000
tenth class, when receipts are over 5000
Eleventh class, when receipts are
over .:................. 1000
ff0vsded, that no license shall be required
when said annual receipts are less than one
thousand dollars.
SEC. 8. That the licenses hereinafter pro-
vided tor shall graduated IN eleven classes,