New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-25


lions. or articles. those designed FOR similar
objects or purposes. shall have knowingly or
frauduiently IN his, her or their possession any
such forged. counterfeited likeness, smllltude or
colorado imitation Of the said aforementioned
stamp. shall be deemed guilty OF crime, and'
upon conviction thereof shall be punished by
hne not exceeding 500. or Imprisonment not
exceeding one year. or both.
Sec. ). That If any person or persons sha1,
make. sign or issue. or cause 10 be maze sisHeu
or issued or shall accept pay. or cause 10 De
accepted or paid. with design TO evade the pay
ment Of any stamp tax. any bill OF exchange:
draft or order or promissory note payment Oh
money liable to any Of the taxes imposed ny
this act, without the same being duly stamped
or having thereupon adhesive stamp Tor De
noting the tax thereby charged thereon he. she
or they shall for every such BILL draft, order or
note. forfeit the sum OF 5000.
Sec. =. That the acceptOr or acceptors OF any
Dill or exchange order for the payment "a
any sum Of money drawn, or purporting 10 pe
drawn, IN any foreign country. but payaoIe III
the United States, shall. before paying or &c
cepunG the same. place thereupon stamp ii'l'-
eating IN" tax upon the same. as the Law
cures for inland hills Of exchange OF pioI'lis,
sorry notes. and no bill cf exchange snail De pau
or negotiated without such stamp anu II an
person Shall pay or negotiate or ollet III pay
ment, or receive or take In payment any su."
draft or order. the person or persons so oleio-
Ing shall forfeit the sum OF 500.
Sec. 10. That in any collection district where
In the judgment Of the Commissioner OF III
ternal Revenue the facilities for the procure
mert and distribution Of adhesive stamps are OF
shall he insufficient. the Commissioner, as alore-
said IS authorized to furnish. supply anG denver
to the collector Of any district and 10 any AS
sistant Treasurer of the United states or desls-
mated deposiiary thereof. or any poSIf'as,.ttI, a
suitable quantity Of adhesive stamps. without
prepay ment therefor. and may IN advance re-
quile Of any collector. Assistant Treasurer oi
"a" United states or postmaster hond, WIN
sufficient surcties. 10 an amount equal 10 inc
value Of the adhesive stamps which may De
placed IN his hands and remain unaccounted
for. conditioned for the faithful return. when
ever 50 required. OF all quantities or amount ;
undisposcd Of, and for the payment monthly Oh
ali quantiticf or amounts sold or not remaining
on hand And X shall he the duty OF such col
lector 10 supply his deputies with. or sell 70
other parties within his district who may max"
Applicant N therefor adhesive stamps. upon the
same terms allowed by law or under the regu-
laiions OF the Commissioner or Internal
Revenue. who is hereby authorized - max"
such other regulations not inconsistent here
with for the security Of the United States ana
the better accommodation OF the pubic. IN rela-
ton to the matter hcreinhefore mentioned. as he
may judge necessary and expedient And the
Secretary of the Treasury may from time 10
time make such regulations as he may ma
necessary TO insure the sa'e-koepng or prevent
the Illegal use Of all such adhesive stamps.
Sec II. That the Commissioner OF Internal
Revenue he and he is hereby authorized TO pre-
scribe such methods for the cancellation or
stamps. as substitute for or in addition TO the
method now prescribed by Law. ms he may deem
expedient and effectual
Sec 10 That any person or persons who shall
register. issue. SOL. or transfer. or who snail
cause TO be issued. registered. Sold or trans
ferred. any Instrument document, or paper of
any kind or description whatsoever mentioned
IN Schedule 4 ~ this act without the same
being duly stamped. or having thoreupon an ad-
heslve stamp flr denoIrg the tax chargeahle
thereon ana cancelled in the manner required
by law. with intent 70 evadc the provisions or
this act shall for every such offence. forfeit tho
sum Of SO. and such instrument. document. or
paper not being stamped according 10 law. shali
be deemed invalid and OF no effect: provided.
hereafter
not afiiXed - any instrument the stamp required
hy law thereon az the time NJ issuing. selling. or
transferring the said bonds debentures. or c"r-
tifcates - stock or OF Indebtedness. and ne or
they. or any party having an interest therein,
shall be subsequently DESTROYS OF AihAing such
stamp 20 said Instrument. or II said Instrument
be lost 20 q copy thereof he or 'hey tha1I az
pear before the collector u internal revenue o.
the proper district. who shall. upon the payment
OF the proper stamp required - "a" ana Pr
atty Of SO and whore tho whole amount or NC
tax denoted by the stamp required shan exceed
sum Of $50 on payment also o' interest. at ,hH
rate OF & per centun on said tax from the day
on which such stamp ought 20 have h'"n AZ
fixed affix the proper stamp 20 such bono. de-
henturc ceriincat" Z stock or - !ndcht' lness
or copy. and note upon the margin Thereon we
date Of his 90 dong. ana inc fhct 'hht s"Cl
penalty has been paid. and the same shal! there.
uIon be deemed md hold 10 De a. valid. 70 a.!
irfoufs and PURPOSES a ~ stamped when made
or issued. and provided further. that where u
shall appear 20 said collector. upon oath or
otherwise TO his satisfHctipn that any such In
sfruueut has not been duly stamped AZ inc
time Of making or issuing the same. ~ reason
Of accident mistake. iua1v"rtcnce of urgent
necessity. and without any wi'Il design u q"
fraud the United states Of the stamp. or 10
cvnte or delay the payment thereof then ana
I'm such cas- - such instrument or the original
b. lost. a copy thereof. duty ccrun"d by the OH
Ger having charge Ok any records IN when such
original IS required 20 be recorded, or othcr"ls
duly proven to the satisfaction ~ the collector.
shall within twelve calendar months after tho
making or issuing thereof be brought 10 the SAID
4...n ...F.Ff q fr g. al ts1
the stamp tax chaIgeable thereon shall be PAID.
II shall he lawful FOR tho said collector 70 remit
the penalty aforesaid. and TO cause such 'nstru-
rnent 20 be duly stamped Ana Wh"n IN" orlslhaI
instrument or a certified or duly proven copy
thereof as aforesaid. duly stamped so az 10
entitle the same 10 be recorded. shall be pre-
sentcd 10 the clerk register. recorder or other
officer having charge of the original record. X
shall be lawful for such officer upon the pay
rnent Of the fee legally chargeabe for the re-
cording thereof. to make a new record thereof.
or 70 note upon the original record the fact that
the error or omission In the stamping OK said
original instrument has been corrected pur-
slant to law: and the original instrument or
such certified copy or the record thereof may
be used I'm all courts and places in the sams
manner and with III" effect AS n the inSiruln"nt
had beer originally stamped. and provided fir-
thcr that In al cases whore the party has not
affixed the stamp required by law upon any
such instrument issued registered sold or trans-
ferred ~ time when and at plac" where no
collection district was established. II shall he
lawful for him or them, or any party having an
in,ereet therein to anix the proper stamp there
TO- or Il the original be lost 10 copy thereof
Iut no right acquired IN good faith before tho
stamping OF such usfrum mt or copy thereof.
as herein provided. n such record be required by
law shall In any manner b" affected by hucn
stamping 40 aforesaid
cnc,lon IL That II shall bs Law ful for any
nerson 10 present 70 the collector ~ n district.
sihiect 10 The rules and regulations OF the Com
missioner Of Internal Revenue. any instrument
described in Schedule a of this act. not previ-
nu.lv issued and require his opinion whether or
not tho same is ohargcable with any stamp du-
tics. and II the said collector shall hc or me
oninion that ouch instrument Is charCcable with
any stamp duty. he shall. upon the payment
therefor aflix and cancel the proper stamp. and
4 of The opinion that such instrument IS not
chargeabc with any stamp duty, or Is charge
able only with the duty by him designated. he
is hereby required to impress thereon particu-
lar stamp. 10 be provided for that purpose. win
L.. --rA L.. IT, Il Ll aL.ll lIIlC.