Arizona republican., 1898-08-03
PINNEY & ROBINSON,

of all other exhibitions or shows for money, prCprietors of bowling alleys and billiard rooms, dealers in leaf to- bacco, dealers in tobacco (persons who sell manufactured tobacco, snuff or cigars) whose annual sales exceed a0,000 pounds, and manufacturers of tobacco.
 No stamp is required cn ordinary receipts
 A 2-cent stamp is required on an order for cash drawn on a merchant by one of his customers.
 Certificates Of deposit dlawing inter est, if left certain time, are taxable the same as promissory notes.
 Real estate nor, gage notes require to be stampsd, ip addition to stamps placed on the mdrtgaga
 Where there is pledge of property accompanying any promissory note, which pledge is subject to stamp tax under Schedule A. this stamp must be paid, notwithstanding the fact a stamp is also required cn the note connected with it.
 In case of loans on rsal estate, where promissory notes are given. which are not paid at maturity, but on which an extension of timc of pay ment is granted without the taking of new note, it is held that every such extension is a renewal of the note within the meaning of the statute; and that the requisite stamp must b. affixed for every such renewal or ex- tension. This also applies to notes discounted before July l, falling due cn or after that date.
 Where a check is presented at a bank Without having the requisite stamp affixed, the bank, if it pays such unstamped check, becomes liable to the penalty provided by section 10 Of tile act. The bank may remedy such defect by affixing the p-orer stamp
 Baggage forwarded by railroad con- pany or express, subject to extra charges, comes within the law requir- ing stamp cn the bill of iading. Or other evidence of receipt and forward ing .
 It is the duty of carriers to issue a bill Of lading or receipt for goods ac- .cepted by them for shipment and to af- fix a stamp and a penalty is pre- scribed for failure to do so. ,.- Mere local operators for the deliv- cry of packages baggage and such ike Wltnln the limit of the same town OF city are not required to give bills of iadlng, although such operators may give receipt for articles to be deIiy- ever, such receipt is not required to be stamped.
 A telegraphic dispatch or message IS required to be stamped by the person who makes, signs or issues it.
 Bonds required in legal proceed. lngs are exempt from stamp taxi lhey are such as are required in liti- gatlon in either civil or criminal cases such as prosecution bonds, injunction bends, bonds to stay edings. ponds upon appeal, writs of error. bonds for costs and the like; and in criminal cases, recognizances, bond TOT appearance, bail bonds, and also bonds in criminal cases upon appeal and writs of error, supersedeas bonds etc. Bonds given by persons appoint ed by the court, conditioned for the faithful performance of the duties as receivers, assignees, executors. admin lstrators and guardians are not ex- empt and the stamp tax must be psid hereon.
 N<ASAiPIlOA ttu IO cO-OD- erative building and loan asscciat ons. etc, IS confined to the stock and bonds issued by the associations therein mentioned and therefore does not re- Hsve them from other stamp taxes.
 The ordinary notary's jurat is not required to be stamped.
 Deeds signed, acknowledged and tully executed in June do not require stamps, though delivered in July, un- less by state law, registration is nec- essary to pass title
 AS to mortgages, it is the general principle that mortgage is not valid as such until it is admitted to regis traitor. mortgage, no matter what the date, should not be admitted to registration when presented on or af- ter July l, 1898, unless there is at- tached and cancelled the proper rev. enue stamp
 In cases where the consideration in deed is nominal, the actual value of the property conveyed should govern the amount of the stamp required.
 Original lease requires stamp. No stamp IS required on copy executed by the parties at the time of the or iginal lease,
 In regard to the cancellation of in- ternal revenue adhesive stamps, which the law requires to be by writing or stamping the initials of the persons uslng the same, and the date upon which the stamp shall be attached or used, 1t is held that the initials and the year alone will be sufficient. This cancellation may be by writing or inn printing with a hand stamp.
 Oid stamps issued under repealed acts cannot be used in lieu of stamps required by the present law.