The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1891-04-18

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examination of the suficiency OF all
sureties offered, require the sureties to
justify OH Form 80, in amounts which,
in the aggregate, should not be less
than the penal sum of the bond.
These bonds, after the sufficiency of
the sure.ies has been certified by the
collector of the district, must be trans
United to the Commissioner of Inter
nal Revenue for approval. The affi-
davits of the sUreties on Form 33 will
be filed with the bonds.
Individual sureties must reside in
the same collection district with the
principal, except in cases where the
collector is other wise specially instruc-
ted.
The collector is t 0 be the judge of
the sutficiency of the sureties. 1t a
guarantee company, authorized by
law to become surety on bonds and
undertakings. should be rendered as
u of the sureties on Il sugar prOdu-
GERS bond, the collector accept the
same if the company is within the
jurisdiction of the United States Court
of the district in which the collectors
office is located, or has a resident agent
there, duly authorized to accept ser
vice, or upon whom service may be
made in cast of suit, and has money or
property subject to execution or pro-
cess sufficient in amount to meet all
probable demands upon it.
A copy of the charter and bylaws
of such company, if accepted as surety,
should be filed in the Office Of the Com
missioner.
The penal sum of the bord will be
fixed by the Collector of Internal Rev
enue, and will he equal to Il least one
half the bounty on the amount of sugar
proposed to be produced during the
year, reckoned at two cents pei pound,
but will not in any case be less than
5000.
If in any case the collector is of the
opinion that the location of the factory
is such as would enable the producer
to defraud the government, he will re-
port to the Commissioner of Internal
Revenue in forwarding the bond. and
in such cases approval will be with
held until all required conditions are
satisfactory.
Anew bond will be required in case
of the death or insolvency of the sure
ties, or in any other contingency, at
the discretion OF the Commissioner of
Internal Revenue.
Collectors will report whenever in
their opinion a contingency, arises
which renders it proper that a new
bond should be required to protect the
interests of the government.
The collector will keep a record in
his office which will show the date OF
the bond, the penal sum, the name and
residence of the sureties, the date when
the bond was received by him and the
date when forwarded to the Commits
sioner.
Upon receipt OF the notice and APP
p%lication tor license and the bond, if
the same upon examination are in due
form and approved BY the Commits
%sioner, a license will be issued without
charge through the Collector of Inter
nal Revenue, which must be kept con-
spicuously displayed i'll the place or
establishment where the sugar is pro-
duced.
The license will be numbered con
secutiyely in each district, commenc-
ing with No. l., and each factory will
be designated hy the same number.
There is no provision in the law for
transferring a license.
Operations must begin under the
first license given under the law. with
no molasses, syrup, or sugar on hald
from the previous season.
All sugar or material for making SUI
gar from the previous season should be
removed, or manufacture thereof,
should be completed and the product
removed from the factory before oper
ations a. commenced under the Ii
cense.
The law provides that no bounty
shall be paid to any person engaged
in refining sugars which have been i'm
ported into the United States or pro-
duced in the United States upon which
the bounty has already been paid OIL
appl ed for, nor to any person unless
he shall have first been licensed. and
only upon sugar produced by such per
son from sorghum, beets. or sugar cane
grown within the United States, OF
from maple sap produced within the
: United States.
| fla planter or farmer sells the cane
which he has raised, or the syrup
: which he has produced, at any period
before the manufacture of sugar is
completed, he will have no right t.
the bounty on the completed product.
There is no bounty on syrup which
is not made into sugar.
Sugar to be entitled. to the bounty