Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1894-11-08

banks. savings institutions or societies
composed of members who do not par.
ticipate in the profits thereof and
: which pay interest or dividends only
to their depositors; nor to that part of
the business Of any savings bank. In
stitution or other similar association
having a capital stock that is con.
Quoted on the mutual plan solely for
the benefit Of it's depOsitors on such
plan and which shall keep its accounts
of its business conducted on such mu-
tual plan separate and apart from its
other accounts; nor to any insurance
company or association which conducts
all its business solely upon the mutual
plan. and only for the benefit of its
policy holders or members. and having
no capital stock and no stock or share
holders, and holding all its property in
trust and in reserve for its policy
holders or members; nor to that part
Of the business of any insurance com
pany having n capital stock
and shareholders which Is conducted
on the mutual plan, separate from its
stock plan of insurance, and solely for
the benefit of the policy holders and
members insured Oh said mutual plan
and holding all the property belonging
to and derived from said mutual part
Of its business in trust and reserve for
the benefit Of its policy holders and
members insured OH such mutual plan.
Sec. 80. That there shall be levied.
collected and paid on all salaries OF
officers, or payments for services to
persons in the civil. military. naval or
other employment or service of the
United States, including senators and
representatives and delegates in con-
greSs, when exceeding the rate of 81
600 per annum. n tax OF . per centnm
on the excess above the said $4,000;
and it shall be the duty Of all paymas-
tiers and all disbursing officers under
the government OF the United States,
or persons in the employ thereof, when
making any payments to amy officers
or persons as aforesaid. whose com.
penSation is determined by II fixed sal
AIRY, or upon settling or adjusting the
accounts OF such officers or persons, TO
deduct and withhold the said tax of .
per celtum; and the payroll receipts
or account Of officers or persons pay
ing such tax as aforesaid shall be
made to exhibit the fact of such pay
ment. And it shall be the duty of the
accounting officers of the treasury de-
Dartment, when auditing the accounts
of any pnymaStcr or diSbursng officer,
or any officer withholding his salary
from moneys received by him, or when
settling or adjusting the accounts of
any such officer, to require evid"nc"
, that the taxes mentioned in this sec
ton have been deducted anG. paid over
to the treasurer of the nitcd States
or other officer authorized TO receive
the same. Every corporation which
pays to an employe Il salary or com
pensation exceeding $1,000 per annum
shall report the same to the collector
or deputy collector of his district, and
said employee shall pay thereon, sub
ject to the exemptions herein provided
for the tax of > per centum on thr
excess Of his salary over $1,000: Pro
vided, that salaries due to state,
county or municipal officers shall be
exempt from the income tax herein
levied.
Soc. -. That sections 5l61, 3lI2.
3173 and 3176 of the revised statutes
If the United States rs amended are
hereby amended so as to read rs fol.
lows
"Sec 1867. That it shall be unlawful
ia, ,.,,ll 1nllItN IullhItnr
agent, clerk or other officer or einplOyH
of the United States to divulge OF to
make known in any manner whatever
not provided by law to any person
the operations. style OF work, or ap
paratuS of any manufacturer OF pro
duccr visited by him In the discharge
of his official duties, or the amount or
source of income, profits, losses, cXprn-
diturcS. or any particular thereof, set
forth or disclosed in any income re-
turn by any person or corporation, or
to permit any income return or copy
thereof, or any book containing any
abstract or particulars thereof, to be
seen or examined 10y any person OK
ccpt as provided by law; and it shall
III NllluN lul lol any I'iS'A w II ~
or publish in any manner whatever not
provided by law any income return, or
amy part thereof, or the amount or
source of income, profits, losses or eN-
penditures appearing in any income
return; and any 0tfensc against the
foregoing provision shall be a misdc-
meanor and be punished by fine not
exceeding $1,000, or by Imprisonment
not exceeding one year, or both, AT the
discretion of the court; and If the of
fender be an officer or employee of the
United States ne shall be dismissed
from office and be incapable there
after of holding any office under the
government.
"Scc. 3l72. That every collector
shall, from time To time, cause his dep
utics to proceed through every part
of his district and inquire after and |
concerning all persons therein who are
liable to pay any internal revenue tax, |
and all persons owning or having the