The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-06-27
STAMPS ON BANK CHECKS
Butte Now Face to Face With
War Taxes.
PROVISIONS OF THE LAW
Butte Banks Issue a Circular to Their
Customers "A Stamp Must Be
Placed on Every Check
o Order.

One of the sources of revenue under
the new revenue law is a 2-cent tax on
all bank checks, drafts. certificates of
deposit. etc. The bankers of Butte have
Just issued the following special notice
on the subject to their customers:
The undersigned banks and bankers
beg to call the attention of their Gus
toner to the following excerpts from
the new revenue law which takes ef-
feet from IN after July /. 1898. and
provides for he proper placing and
cancelling of one 2-cent revenu stamp
upon each and every check or order is
sued or drawn upon a bank or bankers
The following are sections from the new
revenue law:
Sec. Z. That IL any person or per-
sons shall make. sign, or issue. or cause
to be made. signed, or issued. any in
strument. document, or paper of any
kim or description whatsoever. without
the same being duly stamped for denot-
ing the tax hereby imposed thereon. or
without having thereupon an adhesive
stamp to denote said tax, such person
or persons shall be deemed guilty Of a
misdemeanor. and upon conviction
thereof shall pay a fine of not more than
800, at the discretion of the court.
Sec. ?. a in any and all cases
where an adhesive stamp shall be used
for denoting any taX imposed by this
act. except as hereinafter provided, the
person using or a~ffixing the same shall
write or stamp thereupon the initials of
his name and the date upon which the
same shall be attached or used. so that
the same may not again be used. And
II any person shall fr%audulently make
use of an adhesive stamp to denote any
tax imposed by his act. without so eff
fectually cancelling and obliterating
such stamp, except as before mentioned.
he. she or they shall he deemed guilty
of a misdemeanor. and upon conviction
thereof shall pay a fine of not less than
$50 nor more than $500. or be imprisoned
not more han six months. or both, at
the discretion of the court.
Ban check, draft or certificate of
deposit not drawing interest, or order
for the payment of any sum of money,
drawn upon, or issued by any bank.
trust company, or any person or persons.
companies or corporations at sight or on
demand, . cents.'
"A supply of required stamps may be
had from c. NJ. Webster. collector of in
ternal revenue, Helena. Mont, or at our
offices within a few days, and you are
earnestly requested to provide your
selves with these stamps without delay.
You viii note that the law requires
the stamp to be placed upon the check
or order n cancelled by the person
issuing the check or order"
The notice assigned by the First Ma
ton bank, w. A.. Clark & Brother, Hoge.
Brownlee e. Co. Silver Bow National
bank and the State Savings bank.
This brings Butte face to face with
the war tax. on June II the additional
tax on liquors and tobacco went into
- AaW I'll -aAE.
feet on July /. These are imposed as
follows:
Bankers. graduated. minimum, $50;
brokers, $50; pawnbrokers. 500; CONNER
brokers. $50; customs house brokers,
$40; proprietors of theaters, etc, 800:
prOprietOrs of circuses. 800: proprietors
of shows for money. so; proprietors of
bowling alleys and billiard rooms, for
each alley or table, IS: dealers in leaf
tobacco, graduated, minimum. So; deal
erS in tobacco whose sales exceed $4,000
pounds, sl2; manufacturers of tobacco.
graduated, minimum. Sc; manufacturers
OF cigars. graduated, minimum. Sc:
manufacturers and packers Of mixed
flour. S12.
The latter tax is not imposed until
60 days after the passage OF the act;
that is. Aug. IL. 1898. All persons en-
gagged in the business on that date are
required to make returns before the end
of August and pay the special tax reck-
oned from Aug. !. 1898. to the list day
of July following.
Legacies made after the passage of
the act exceeding $4,000 and not ex-
ceeding S25, 900 are taxed. according TO
consanguinity from 75 cents for each
800 to IS for each 500 in value. Above
s25. 900 the rates increase. and when the
value of the property exceeds 81. 900, 900
the rates are to be multiplied by three.
Executors. administrators and trustees
are required to make returns to the coll
lector on a prescribed form.