Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1898-07-15
HOW TO USE THE NEW STAMPS
fointers to Avoid Penalti~, linda.
the Revenue Law,

INC oeFutv revenue collector saws
me stamps for commercial purpose, will
oe ISSUED in various denominations I'M,
, IL one Is short particular denomination
! he can make it up with stamps of ano,h.
: er denomination Thus for paper to be
taxed cents he may use two 2.cent and
Il l-eent stamp. In using the revenue
stamps the user must cancel them by writ.
ing on them his initials and the date.
There has been much discussion regard.
ing the revenue law as it affects the druu
business, and | understand a circular h. 5
been sent out by local wholesale house
which gives erroneous instructions as to
stamping medicines and preparations
Law A. to Drugs.
For and upon every packet, box. bottle,
pot or ptlial, or other Enclosure contain.
ing any pills, powders, tinctures. troches
or lozenges, syrup, cordials, bitters, ano.
dynes, tonics. plasters, liniments, salve.,
ointments, pastes, drops, waters (eN~pt
natural spring waters and calbonated
natural spring waters), essences, spirits,
oils, and all medical preparations or com
positions whatsoever, made and sold, or
removed for sale, by any person or per.
sons whatever, wherein the person max.
ing the same has or claims to have any
private formula, secret or occult art COR
the making or preparing the same, or
has or claims to have the exclusive right
or title to the making or preparing the
same, or which are prepared, uttered,
vended or exposed for sale under any
letters patent, or trade mark, or which,
If prepared by any formula, published or
unpublished are held out or recommend.
ed to the public by the makers, vendors,
or proprietors thereof as proprietary meSli-
eines, or medicinal proprietary articles or
preparations, or as remedies or as specifics
for any disease, diseases, or affection,
whatever affecting the. human or animal
body. as follows: Where such packet,
box. bottle, pot. phal or ether Enclosure
with its contents, shall exceed the retail
price or value Of cents, and shall not
exceed at the retail price or value the
sum OF cents, two-eighths of ! cent"
The law then provides that when the
value is from to 10 cents the tax shall
be two-eighths of cent; where Is cents,
three-eighths Of cent: where 25 cents,
fve-eighths Of cent, and for each addi-
tional 25 cents of price, tive-eighths Of a
cent additional.
For perfumery and cosmetics and other
similar articles the package, when under
the value Of ) cents, is taxed one-eighth
of a cent. The tax for values above that
price is the same as in the schedule Just
quoted above.
Chewing gum or substitutes therefor
are taxed 1 cents for each 81 Of retail
value.
Sparkling or other wines bottled for
sale are taxed l. cent pint. The proper
stamps must be affixed at the time Of
sale.
Comm rcial Stamps.
The following list OF special and stamp
taxes under schedule "a which covers
financial transactions will be OF interest.
1t was designed to include every possible
transaction of banking or brokerage char
acter and seems to have succeeded fairly
we'll:
Bonds. debentures and certificates Of
indebtedness-j cents for each SO, face
valne.
Original issue of stock cents for each
500 face value.
Sales and transfers of stock-2 cents for
each 500 face value.
Bank checks, drafts and certificates Of
deposit drawing no interest, payable on
demand cents each.
Bill of exchange (inland). draft, certif-
cate of deposit and promissory notes,
drawing Interest," cents for each 500,
face value.
Bill of exchange lforeign) or letter OF
credit, if drawn singly-4 cents for each
500; if in sets of two or more, for each.
cents for each 500.
Bill of lading or receipt for export-lO
cents each.
Bills of lading. manifest or receipt OF
railroad, express or other carrier cent
each.
Conveyance or deed Of real estate-50
| cents for each $500 conveyance
Mortgages, real or personally cents
| for each $500 above $1,000.
/ I.eases--25 cents year, 80 cents to
three wears, so cents above three years.
Certificates of profit and all Transfers
cents for each 500, face value.
Contract, brokers' note or memorandum
of sale of goods, merchandise, stock. eN.
change. note of hand, bonds. real estate
or property of any description issued by
broker or person acting as such-lO cents
each.
Indemnifying bonds of all kinds-5o
cents each.
Powers of attorney-25 cents each.
Protest-25 cents each.
| Proxy for voting to elect officers OF
corporations-lO cents each.
Telegraph message ] cent each word.
Telephone message for which over Ii
cents is mid--l cent each.
Warehouse receipts-25 cents each.
| Sales or agreements to sell any product
or merchandise at any exchange, board
of trade or other similar place cent
for each 500, face ''alue.
| Tax On Business.