Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1898-06-16

$10O. All legactes or property passing by
will, or by the laws Of any state or terri
tory, to husband or wife are exempted from
tax or duty. On sums ranging between
$4,000 and 100000, the rates of tax are to
be multiplied by W; on those ranging from
500, 900 to $500,OOO the rates are to be null
tipled by 2; on those ranging from $5O0,0OO
to $1,0OO,OO0, the rates are to be multiplied
by 21s, and on those above $1,O00,000, the
rates are to be multiplied by 5. The tax is
made lien upon the property until paid.
and it is required that the tax shall be salts
fed before the legatee is paid.
Certificates of Indebtedness.
The secretary Of the treasury is au-
thorized to borrow from time to time, at
a rate Of interest not exceeding per cent,
such sums as, in his judgment, may be nee
essary to meet public expenditures, and
to issue certificates of Indebtedness in de-
nominations of $50 or some multiple Of
that sum; each certificate is made payable
at such time, not exceeding one year from
the date of its issue, as the secretary of
the treasury may prescribe; provided that
the amount of such certificates OutStand-
ing shall at no time exceed $1OOOOO,OC0.
Bonds, debentures or certificates of in
debtedness by any association, company or
corporation, on each $500 of face value or
fraction thereof, cents, and on each orig
mai issue, whether on organization or re-
organization, of certificates of stock by
any such association, company or corpora
ton. on each $500 of face value or fraction
thereof, cents, and on all sales, or agree
ments to sell, or memorandum of sales, or
deliveries or transfers or shares or certif-
Gates of stock, on each $500 of face value
or fraction cents. In case of sale where
the evidence of transfer is shown only by
the books of the company, the stamp shall
be placed upon such books, and where the
change of ownership is by transfer certif-
cate the stamp shall be placed upon the
certificate; and in cases of an agreement
to sell or where the transfer is by delivery
of the certificate assigned in blank there
shall be made and delivered by the seller
TO the buyer a bill or memorandum of such
sale, to which the stamp shall be affixed.
Penalty, fine of from $500 to $1,000, and
imprisonment for six months, or both.
Upon each sale, or agreement to sell, any
products or merchandise at any exchange,
or board Of trade, or other similar place,
either for present or future delivery, for
each 500 in value of said sale or agree
ment of sale or agreement to SELL one cent,
and for each additional 500 or fractional
part thereof in excess of 500, one cent.
Provided that on every sale or agreement
of sale or agreement to sell, there shall be
made and delivered by the seller to the
buyer bill, memorandum of such sale, to
which there shall be affixed a lawful stamp
or stamps in value equal to the amount Of
the tax on such sale.
Bank check draft or certificate of de-
post not drawing interest, or orders for the
payment Of any sum of money drawn upon
or issued by any bank, trust company or
any person or persons, companies or corpo-
rations, 2 cents.
Bills of exchange Gnland) draft, certifi-
Gates of deposit drawing interest, or order
for the payment Of any sum of money, 9TH
erwise than at sight or on demand, or any
promissory note except bank notes issued
for circulation and for each renewal of the
same for a sum not exceeding $780, cents.
and for each additional S190 or fractional
part thereof in excess of $500, 2 cents.
Bills of lading or receipt (other than char
be exported to any foreign port or place, 10
cents. tax Of one cent is imposed for
every telephone message for which over
Is cents is charged. Any Geographic mes
sage, 1 cent. Indemnifying bonds, so
cents. Certificate Of profits of any asso-
citation and on all transfers thereof, on each
$1C0 of face value, cents. '@S
Contract, brokers' note or memorandum
of sale Of any goods or merchandise, stocks.
bonds, exchange, notes Of hand, real es-
tate, or property Of any description issued
by brokers or persons acting as such, for
each note or memorandum of sale, 10 cents.
Conveyance or deed for real estate in which
the consideration exceeds $500 and does not
exceed $500, 50 cents, and for each addition
al $500, so cents. sf&<. 5"> r.: N .'&3 ISL
The Bond Section. As @
The secretary of the treasury is author
lied to borrow on the credit of the United
States from time to time as the proceeds
may be required to defray expenditures
authorized on account Of the existing war
.(such proceeds when received to be used
only for the purpose of meeting such war
expenditures, the sum of 40O,000,000, or so
much thereof as may be necessary, and to
prepare and issue therefor coupon orreg-
istered bonds Of the United States in de-
nominations Of 500 or some multiple of that
sum-, redeemable in coin at the pleasure of
the United States after ten years from the
date of their issue, and payable 20 years
from such date and bearing interest pay
able quarterly in coin at the rate Of per
cent. pertannum:.a The bonds are toibe first
offered at par as a popular loan. 8S59 HIN
- @% Miscellan eOus. #5s,c.
Proxy for voting at any election for Of
ficers of any incorporated company, except
religious, charitable or literary societies or
public cemeteries, 10 cents.
Power Of attorney, Is cents; not to apply
to the collection Of ex-soldiers' claims
against the sgovernmentaon account Of the
militaryfor Service i e. D " #.
- Protests Of notes, bills of exchange, ac-
ceptance, check or draft, or any marine
protest, Is cents. Warehouse receipts, rs
cents. The stamp duties on manifests, bills
of lading and passage tickets do not apply
ITO steamboats, or other vessels plying be-
tween ports of the United States and ports
in British North America.
Compromise on Silver Coinage.
The senate recedes from its coinage of
the silver seigniorage amendment and
substitute Is agreed to simply author.
ling and directing the coinage OF not less
than 100000 silver dollars per month from
the silver bullion held in the treasury, such
silver dollars to be applied as provided by
the act of July IA. 1890.
u Noted Physician Dead.
Louisville, Ky, June 13.-Dr. John A.
Larrabee, one Of louisville best known