Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1898-07-01
THE LAW NOW IN EFFECT.
Revenue Ac, Requires he Use Of Shmps 10
Business Trrsacto1s



the law.
The revenue law won't into effect Cos
day. and as soon ls collector Lewis Co.,
cciycs an adequate supply NJ stamps
all viii be- running smoothly. AZ present
the documentary Krd. as stated u
last evenings New" De- nthfr ahUr
and % viii be- some days perhaps De.
foc the demand o. satisfied. The pro.
prlctary kind. however arrived today
ana wcrr dealt out Co ull applying Goa
them. In lots equal to the demand.
inasmuch as thcro iH o. heavy pcnal'
~ Tor violation of the law 10 Dee
hoovcs an 10 keep posted thereon that
they may not bc found guilty OF any
infringement. lienidca requiring 3.
cent stamp On ai bank checks bids
Of exchange. drafts. orders or pruma-
sorry notes fur the payment of money
he law provides.
Stocks and bonds % cooperative
building ana loan associations who's.
capital uocl, does nIt exceed $4,000
and building ana loan associations OF
companies that maLe IYHu. .a.g .
their Shareholder. ate exempt
Power VI attorney 90 cents.
Protest on check, DRAFT, &C., %
cent?.
Lease or contract fUr rent of land or
tcnomta For not Co exceed uur year
20 cents. over one year hut not Go tA-
coed three. 5O cents. over three. 81.
Deeds 800 tu $500. 90 cruu. each
additional 800 or fraction thereof 10
cents
Muftrarcu ana trustee deeds and as-
nirnmrnt 90 same $1,000 tu Nisln, 70
cents. Tor each additional 800 uf tftca
tlUnai part thereof lu excess ~ 1850,
70 cents.
indsmnlf,lng bonds % cents.
Teller hone mtsanrr For charge "
10 cents or more. ! cent Tor each
message or cUnyuraatluu.
Toi,Ernph-i cent for each musHnEc.
The following sections cover the
penalty Tor registering documents With
Out stamps
seotion il-That any person or per-
sons who Hhnll register, iriue, soil OF
transfer. ur who shall cause Oh he iH-
sued. registered. sold. or transferred
any Instrument. document ur paper ~
any Kind or description Whatsoever
mentioned ln schedule a of this act
without the same being duly stamped
''s shall he deemed guilty NJ mis-.
dcmrnnOr and upon CONVICTION thcfuf
aha <hc punished hv line MT exceed
Ing $50. or hy lmprnlHlnmtut nos OK
cCcdinE six months. ur bath. lee the llas
erection ~ the court. and such lnstru-
meut. document or paper not being
stamped according 20 law, SHAH be
deemed invalid and ~ no unurti Pro-
yided. That hereafter in an cases,
whore the party has not niiiNDi tu amy
instrument tho stamp required by law
- and he or they, 0r any party
having an Interest thsaln. shall hc
deairuua NJ nniNinE such |
stamp 10 said Instrument, Ur " Hlid /
instrument be- lost, 10 a copy thereof .
h. or they snail appear before the cnl- /
loc,or ~ Internal revenue of tho proper
district. who shall. upon the payment
OF the price Of the uuprf stamp re- ]
qulrcd by law, and NJ u penalty ~ $40, ]
and. wherr the whole amount ~ the /
fnN denoted By the ntamp reuulrcd /
shall exceed the aum 90 80. ON pay
ment nlrp ~ interest ~ the rate nf /
pef ccriun. 90 H1id taN from uu day
On which such stamp ought hnvn ]
been afilSed. aflN thl prurH stamp I
and note upon The margin thereof i
tho date ~ his Hn doing. ANA the fact I
that such penalty has been paid tud /.
The Same shah therruppn De- deemed !
and held 20 DO az valid. o. nll intcnn /
made or lsaucd' And provided fur. |
thor. That where u shall appear o. I
said collector. upln oath ur otherwise. /
60 hlH satisfaction. that any such ln. .
Htrumrnt has NOT been duy stamped. [
nj the time ~ making ur Issuing tho .
same, by reason ~ accident. mistake
ur urgent necessity. and I
without any Wilfui design 60 dsffnud /.
The United states ~ the stamp, ur tu
nNndH mr. dHlnN tho uHVfuUnf fhUrHHf ]
then aud I'M such cnar. NJ such Insiru.
mrnt, or " the original ho iust q copy /
hereof duly certified hY thH officer
having charge NJ any records iu which
.uch original ~ required CO. D. re-
'nfded. nr otherwise iuly proven tu the
abstraction ~ the collector rhall,
within y calendIr months after tho
making or issuing thereof hr brought
a tha said collector OF Internal revenue
% De- stamped, ana the stamp tuN
hlrgrrhlc thereon shall De- paid. n
han be- lawful Tor the snif collector 10
emit The penalty nfurrHnld ana Co
auHf such instrument Go d. duls
inwprd, Ana provided further I
hat In mn eases whore tho party has /
Of nihNcd the stamp required by law
non any such instrument Issued. reg. .
'trrrd. rnld. or Transferred nt time
hen and az u place whore nn cullcc. I
f. lawful FOR him nr them or any
nrty having an Interest therein. On
nIN me proper stamp th0rrt1 pr N the
rlgluul b. luHt, o. copy thereof iIut
u rlFht acquired in good filrh before
h. stamping ~ such Instrument ur
by thereof nH herein provided. 10 -,
ioh fecurd d. required hv law shall
any manner he Affected by such
ns nforenuI