Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1895-04-04
LAST OF THE SUMMARIES.
TWO OF THE MOST MpoRraNr1Aws

The Revenue and County Governmer
6 Acts Boiled Down and Put in Goo
Shape for Persua1 and Understandin.
Charlotte Observer.
RALEIGH, March 90. Summar-
les of the revenue act and count
government act follow. Thes
constitute the final installment O
the series of summaries of recen
laws which the Observer has beef
furnishing it's readers for tn,
past two weeks.
No. 466.-An act to raise rev
enue. Except as especially noted
this act is the same in substance
as the revenue act Of 1898.
SCHEDULE A.
Section 2. Increases the pol
tax from $1.24 to S1.29 with the
same exemptions.
Sec. 3. Provides as follows for
State purposes 213 cents, 81 cents
for pensions, IS cents sor public
schools, making 43 cents on every
hundred dollars of real and per
sonal property. Act of 1893
makes the total Az cents.
Sec. 4. Provides for taking
stock of building and loan as
ISOLATION just as bank stock is
taxed. Taxes must be paid dir
ectly by the cashiers of banks
and building and loan associa-
tiOnS.
Sec. 5. Increases tax on gross
incomes from ''other sources
from Is of l per cent. to ! of 1
per cent. on the excess over ST.
900 to IS, 900; from / of 1 per
cent. to J of 1 per cent. on the
excess over SIS, 00Oto SO, 900 from
} OF l per cent. on the excess
over 80, 900 to $40, 900 to 1 per
cent; from / to 2 per cent. on the
excess over $50. 900.
SCHEDULE B.
Sec. Is. Increasing tax on
gift enterprises" from $40 to
$50.
Sec. Is. Tax on billiard tables.
etc., kept in connection with a
bar decreased from $75 to $50. On
other billiard tables for public
use tax increased from SIS to
$25.
Sec. IS. Changes tax on ferry,
toll-bridge, ETC., from S. and J of
1 per cent. of gross receipts to 2
per cent on gross receipts.
Sec. 20. Places a tax on dealers
IN cigars. cheroots, manufactur-
ed chewing and smoking tobacco
and cigarettes of five cents per
thousand on cigars, cheroots and
clgaretts, one-half cent a pound
on manufactured tobacco. No
purchase tax to be paid upon the
articles named in this section.
Does not apply to manufacture
ers).
Sec. %. Provides that every
person who shall buy for the
purpose of selling spirituous,
vinous Or malt liquors, drugs
and liquors, drugs and seeds
shall in addition to ad valorem
tax on his stock pay as a license
2 per cent. on the total amount
of his purchases.
AL druggists dealing in spirit
Gus, vinous or malt liquors shall
on or before June 1st, obtain a
license by paying $50 to State
Treasurer, and druggists who
allow liquor to be drank in place
of business shall be subject to
all the taxes required by dealers
in liquors, and violating said pro-
vision shall be guilty of a misde-
meanor. This act shall not au-
thorize any druggist to sell liquor
except upon prescription.
Sec. %. Provides that any
person carrying a wagon, etc,
for the purpose of exhibiting or
wares shall be consid-
cred a peddler.
Sec. 25. Omits the proviso
exempting from the payment of
license tax resident dealers in
pianos and organs who pay a
property and purchase tax.
Sec. 81. Reduces tax on time
rant lightning rod dealers from
$50 to 500.
Sec. %. Increases tax on
clock and stove peddlers from $50
to 500.
Sec. 90. Provides that if any
general agent shall exhibit to the
of State a sworn state
ment that at least one quarter of
the entire assets of his principal
are invested in and are main
tanned in any or all Of the follow
securities, viz: bonds of this
or bonds and mortgages
on real property in this State,
the tax shall be only per cent.
on the gross receipts.
Sec. SO, Permits the selling
person manufacturing on his
premises, or within 100 yards
thereof, of spirits in quantities
not less than one quart.
Sec. "a. For this section sub
stltute, a tax Of so cents on each
bedroom kept for pay in all no.
and lodging houses.
Sec. 35. For this section sub
stitute: a tax of so on all prac-
lawyers, doctors and,den-
lists, provided no city, cornty or
town shall levy any additional
tax on said professions,
Sec. Sc. Por section So read: