Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-06-26
LOOKING FOR THE NEW STAMPS.
Col. Brady Expects Them In Day
or Tvo-How the Law Works.

Col. Brady Expects lhem J." =" D"'
or Tyyo-How the Law Works.
collector Brady confidently expects 10
get the reyenue-stamps tomorrow or
Tuesday. The impression seems TO nave
gone abroad. he says, that postase-stailps
may be used on documents in place OF lhe
revenue-stanps, but this is not so, and
NO stamp viii be recognized unless II
bears upon its face the evidence that IL
has been issued by the Internal-ReYenue
Department
Anent the new law Collector Brady
has made another interesting ruling that
hears upon the vaudeville entertainments
now being given at three Of the Richmond
marks. These he classes with the thea
tres. which makes them liable to a tax Oh
500
NO STAMPS ON RECEIPTS.
The vexed question Of stamping receipts,
Collector Brady gays, is mare s-nest'
pure and simple. The act makes no pro
vision for the taxing OF receipts Whleh
pass between debtor and CREDITOR lie
saws that under the provisions OF section
thirteen Of the act any person or persons
who shall register, issue, sell, or trans
fer. or who shall cause to be issued
registered, sold or transferred, any IN
strument, document, or paper OF any KIM
or description whatever, mentioned III
schedule A of the act, without the same
being duly stamped, or having thereon
an adhesive stamp denoting the TAX
chargeable thereon, and cancelled IN Ihe
manner required by law, shall, upon con-
yiction. be punished according TO the pro-
visions of the law. Hence says Colo
mel Brady, 'in nay opinion, it follows that
the person or persons who issued the
document should see that IL Is properly
stamped and the stamp cancelled IheIe
is another provision of the law, whlch
imposes a penalty for any person recelN-
ING ary such document unless the same
is properly stamped, and such documents
issued without being stamped are lnVahd'
An ordinary receipt given for goods Is
not taxable, but there is tax on each
StO0 of the face value or fraction Thereon
of < cents on all bonds, certificates of in
debteduess. certificates Of stock issued by
an association, company, or corporation
and further, there is tax or l cent 1or
each 800 or fractional part thereof In
excess of Sl00 upon each sale or agree
ment TO sell any product or merchandise
AZ any exchange or board or trade. or
other similar place, either for present
or future delivery"
WAREHOUSE RECEIPTS.
question that is interesting the to-
hocco trade very much at this time is
thA applieation OF the tax on warehouse
receints on this point Colonel Brady
has ruled and his ruling has been sus-
tanned by the department IN Wahhing-
ton, as follows;
"a warehouse receipt for tobacco E9ld
on storage in any public or private ware
house. deposited by the actual grower
thereof in the regular course OF trade foI
sale. does not require a stamp thereon
hut a warehouse receipt .or the TOBACCO
deposited and held on storage by any
other person than the grower and re-
ceipt issued therefor, requires a - ceh'
stamp 10 be affixed on the receipt.
The brokers of the city nave perhaps
heen more vocifeFouS In their objections
70 the new law than any other class oi
businessmen. Several OF them, indeed
have undertaken to prove that they nc
longer conduct the business OF a broker
TO HAVE LITTLE CIGARS.
Those Arms which manufacture thu
era grant weed" in the form hitherto
known as the "all-tobacco cigarette,
have been notified that the species must
change its name. II not its form, SO II
will hereafter be known as a little
cigar" These little cigars" in packages
clearly denoting that they are not clga'
rettes. Weighing less than three pounas
.o the thousand are taxed 81 a thousand
hut paper cigarettes weighing less thar
three pounds TO the thousand are taxed
81 80 per thousand.