The daily morning journal and courier., 1898-07-26

If the act performed, or the certifi- | cate issued by the officer, is in the dis | charge of an official function necessary in operating the general machinery of l the government, it is exempt. | 43. Certificates of acknowledgment of deeds and mortgages are not required | to be stamped. The memorandum on l the back of deed or mortgage, made | by the register or recorder, that the in- | strument has been placed upon record, is not subject of taxation. It is not 1 certificate such as is contemplated by the law. It is brief note on the back of the deed or mortgage citing date of
 filing and date and place of record.
 A. Certificates of birth marriage and
 death, given in pursuance of the laws l of the state requiring the collection and | registration of vital statistics as a | basis for the administration of public health laws, come within the exemp- | tion of section IF. Such certificates | however, when issued to private per-
 sons for private use, are subject to the 1 10-cent stamp tax.
 45. The ordinary notary's jurat is not ! required to be stamped
 l
 until it is issued or is offered as an in l surance policy, and an insurance com
 pany can stamp policy through its lo-
 cal agents as well as through it's gene
 ral agent.
 Any agent of the company who Is
 charged with the duty of delivering the policy to the policy-holder and receiv- | ing the premium, would be authorized
 to affix and cancel the stamp in behalf
 of the company.
 AZ. stamp must be attached to pre-
 mum notes as we'll as to policies.
 4S Deeds signed, acknowledged and
 fully executed in June do not require
 stamps, though delivered in July, un- less by state law, registration is neces-
 sary to pass title.
 49. As to mortgages, it is the general
 principal that a mortgage is not valid
 as such until it is admitted to registra-
 tion. mortgage, no matter what the date, should not be admitted to regis
 tration when presented on or after July 1, 1898, unless there is attached and cancelled the proper revenue stamp. 50. In cases where the consideration
 in deed is nominal, the actual value of |
 the amount of the stamp required
 51. Original lease requires a stamp.
 No stamp is required on copy executed
 by the parties at the time of the origt-
 nal lease.
 52. If live stock is sold at an exchange
 or Board of Trade, or other similar
 place, either for present or future de- livery, the sale, agreement of sale, or
 agreement to sell must be evidenced by
 bill, memorandum, or agreement to
 be delivered by the seller to the buyer
 and this evidence should have the
 stamp affixed as required in the act,
 viz: One cent on a $l00, and on each , $100 or fraction thereof. additional, 1
 cent.
 5S. When telephone companies have
 lines extending into more than one col
 lection district, the return may be made to the collector of that district in which ], the principal business office of the com pany is located.
 54. Contracts and agreements between , subscribers and telephone companies for the placing of a telephone, and pay
 ment therefore, are not subject tc , stamp tax.
 | ipWetS Qi attorney executed or : the back of stock certificates used in
 connection with transfer of shares re- quire to be stamped in addition to the tax on transfer of stock 56. Powers of attorney to sell or , transfer government bonds are taxable ] 57. A 10-cent stamp is sufficient upor , a proxy for use in voting at an election
 of officers of an incorporated company without regard to the number of sigma. l lures.
 5S. Revenue stamps are not required [ on the reports of earnings and divi. dends, and reports of condition made tC the Comptroller of the Currency by ma. } tional banks
 59. The list of shareholders requiret by section 5,210, Revised Statutes to bt forwarded to the Comptroller of tht } Currency requires no stamp tax. The
 paper is not a certificate, but a list 60 A stamp is not required on re
 turns of national banks of notes in cir culation made semi-annually to tn, s United States Treasurer. I 61. In regard to the cancellation of in 5 ternal revenue adhesive stamps, whicl r the law requires to be by writing o l stamping the initials of the persons using the same. and the date upoi l which the stamp shall be attached O s used it is held that the initials and tn, s year alone will be sufficient. This can 2 cellation may be by writing or imprint - ing with a hand stamp. r 62. Old stamps issued under repealed . acts cannot be used in lieu of stamp . required by the present law. x N. B. SCOTT, Commissioner.