Adams County news. [volume] (Ritzville, Wash.) 1898-1906, 1898-07-13
MINES AND MINING CAMPS
REVENUE LAW AND EFFECTS
How the New Law Touches Brokers
and New COmpanies-MOnta
strike at Wildcat Mlnes-Reduce
Par values TO Save Tax-IIarpster
Items.


,..
tePoh"ne' o"'y oo .', , NV"
""e'e Tue 'u." o,'s'""'e '""'
OF "'he's S"ol''' 10 '"e ''e''o VIC '' VI.
"e' ,he ne" ,e'enue '"" navy '' 10y! VI
,'..' c..m.,,a, ,,;,,son aTna,, l. non,
alty for the violation of the law, and any
broker who refuses to pay the license
of a parapraph near the end of section 4
which some NAV have overlooked. II
reads thus: And every person who ear.
ries on any business or occupation for
which special taxes are imposed by thi-
act. without having paid the special tax
herein provided. shall, besides being liable
to the poyment of such special tax, be
deemed guilty of A misdemeanor. and
upon conviction thereof shall nav a fine
of not more than $500 or be imprisoned
not more than six months, or both, at the
discretion of the court
"'rbis law regarding brokers. bankers
and Others is somewhat misunderstood. |.
applies exactly the same "a the license
law APPLIES to liquor dealers. A license
must he secured and must he posted con.
spicuously in the place of business of the
nerson owning same so that a revenue
off, or NAV see il when he calls"
p.,n,. w,,,ur c.m,.n,..
MtuIIlE TlttI are Stlll ulStuSNlIig tnt up'
p"'a''o'' oi 'he s'''P '"A 70 ISSUES anu m
transfers "i S'ochS' ana so''e me P"'"''
oi III" nave pee,' r",'eo' ine'e S'''i'
points came up IN New 10TH CIT! III
po'her .he heavy dealers III s'o'hs '"e'f
an" 'o'.ee'oi ile". VI '"''' ''! "Pp'e'
'or ru''hS 10 ~ d. .N"''' '""''''r',o"''
"i if'eri@i revenue 'ie sent the 'o''o"
'he' "h'rh answers man! o' '"e loeS
''ons INA. nave "e' raise" III '''e '''"'"''
regions oi 'he northwest;
v" '"e question o' '"e CONSTRUCTION o'
.na' part o' se"e""'e :, vi '"e "'' VI '""'
''' i""', h'Pos"s stamp '"A o', e''''
or's'hai ISSUE "hether on oig'h'"''ioh o'
'eo'ea"'N"'i"", vi ce'''i'"teS VI s'"'N' II
'ho'id DE he'h that ihe meaning Oh the
"ofdS origihai issue as hereih nSed J.
'i'hHeu ana coh'ronn ny 'he "o'"'
"he'her On ORGANIZATION" UT 'eo'S""'H'
'""' anu ''"' '"eie'"'e '"e o"'y ee''"''
Gates oi s,ock on "hi'h 'he TAX Oh cent?
vi e'c" Pioo Vi 'a,"e' vi ''"e'io' '"e'e
VI, Is ',Poseu ny '''S act are 'ho'e 'e'
''ic"'e' issued OH OF "',er o"'y J. Oh 'h'
organization OF reorganization oil a com
P'hs'
III case Oh corporation m''ihg' ior IN
s.aiee, ~ '', a"'hor,Aeu e"p''"i s'ock o' %l''
"'""' "oo Oh w",en IL mas issued oh'y "1oo''
W" PRIOR 10 '"'y l. ana a''er tha' oa'e
"nus IL neeeSs''y 10 MAKE one OF more
'','''' ~ =, y" "u"'
,or,n. AL ,,,,;n =, ,hs -. -
nndor oon.;dora,;on and ,ho nart;eoatas
., -,,,h ;,..,a tt. A., 49,. e,.,, 49,.
Xyho,o anu o,;o;naI oor,;doa,o ;,.,,o1 !.
,ros.nto1 H.. ,ha' haI,a. ~ a..
,r oorno,,,;o, Co.. ,I,o ;,,,,au -
o,h.r ror,;soato =, oor,;eoa,.s =, ,;,,
,ho,o,, ,ho ros,i, ho;.a ,ha, a ia
,a,o would n. ;s.,oJ sor ,h. IN sha.a.
ali and ,,.o nn ali;,;a.aI aa.,,naa,a
,o, ,ho on .h,.o, an .a,,,,;,,;, =, ,.;..,
,ho .o.,;eo,,o ,,,. oo -, IT,, ..',,i,
Tho cer,iGcato for m shar.s so,I !, ,;a,,
,h.-.o, L.. no, ,e.,,;.a ...,
tho cer,;6.ate for ,ho IN sh.,os Joo, n,,
,o,,;ro a s,ann ranro,.,,;n, A.. ,,x y,
a.,,s ~, ,L $,nn ~ ,..,.'o ,..,;s..
,h.roos 90 :, ;s No, ~, o.;1.;.,,,, ;....a r,.a
on,v s,amn .aa,,;.a1 III .asa"a. -. ~ ~
- ...a FL 49," VS." '''''e".e ~
,"r - A.. ~ .ha.aa 'p a,,, 'n 1.'' '"e .'.,o
=, ,v,n.,, - ,ho 49,. - . ,o',.r .po.'"''"s a's
s,.o :. - - '"
e' y" stamps
IN aho'her case tstated Tor iiinstration)
"he'e man hoids several certihcates fof
shafes OF STOCK aggregating io shares
anu ior MS convenience calls upon the
company 10 issue to him IN lieu thereof
one certificate for ioO shares, there being
no SAFE nor agreement TO sell, nor mem
oiahaum OF sale, or delivery or transfer
Oh TINS new certificate the statute, the
"ertihcate or certiheates thereuPon issued
10 take the place OF the original certiii'
cate could not under the language and
limitations OF the statute above cited re-
quire any stamp, as long as there is no
SAFE nor agreement to sell, nor memoran-
dum OF sale, nor transfer OF any OF these