Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1898-06-30

~ Ieu thereof new or imprinted stam,s
~ tne rate provided by this act
Adhesive Stamps.
GEO. Q. That on and after the srst a.
Oh July, 1898, there shall be levied. COLLECT
60 and paid, for and in respect of tbe sew
eral bonds, debentures or Certificates ~
stock and Of indebtedness and other doom
mentss instruments, matters and tbings
mentioned and described In schedule of
this act, or for or in respect of the yellum.
parchment or paper upon which sucb in,
struments matters or things. or any AZ
them, shall be written or printed by any
person or persons, or party who shai,
make, sign or issue the same. or for whose
use or benefit the same shall he made
signed or issued, the several taxes or sums
Oh money set down In figures against the
same respectively or otherwise specified or
set forth In the said schedule.
And there shall also be levied. collected
ana PAID, Tor and In respect to the medi-
cines, preparations, matters and things
menuoned and described in schedule b Of
this act, manufactured, sold or removed
Tor sale, the several taxes or sums of
money set down in words or figures
against the same respectively or otherwise
specified or set forth in schedule B of this
act
Sec. 2. That IL any person or persons
shall make, sign or issue, or cause to be
made, signed or issued, my instrument,
document or paper Of any kind or descrip-
ton whatsoever, without the same being
duly stamped for denoting the tax hereby
imposed thereon or without having there
upon an adhesive stamp to denote said
tax, such person or persons shall be deemed
guilty Of misdemeanor and upon convic-
ton thereof shall pay fine Of not more
than 800, at the discretion of the court,
and such instrument document or paper
as aforesaid, shall not be competent evil
dence in any court.
Section s provides penalties for forgery
and counterfeiting and the use of washed
stamps, etc. Upon conviction the culprit
shall pay fine of not less than $50 nor
more than $500 or be imprisoned not more
than six months, or both, at the discretion
Of the court, provided that any proprietor
or proprietors of proprietary articles, or
articles subject to stamp duty under sched-
ule b of this act shall have the privilege
of furnishing, without expense to the
United States, his or their own dies or de-
signs for stamps to be used thereon, to be
retained In the possession of the commits
sioner of internal revenue, for his or their
separate use, which shall not be duplicated
to any othef Prison.
Sec. 10. That II any person or persons
shall make, sign or issue, or cause to be
made, signed or issued, or shall accept or
pay or cause to be accepted or paid, with
design to evade the payment of any stamp
tax, any bill of exchange, draft or order or
note for the payment Of money,
liable to any of the taxes imposed by this
act, without the same being duly stamped,
or having thereupon an adhesive stamp
for denoting the tax hereby charged there
on, he, she or they shall be deemed guilty
of misdemeanor and upon conviction
thereof shall be punished by q fine not ex-
ceeding 5000, at the discretion of the court.
Bills Of Exchange.
Sec. IL. That the acceptor or aoceptors
of any bill of exchange or order for the
of any sum Of money drawn, or
purporting to be drawn, in any foreign
country, but payable in the United States
shall, before paying or accepting the same,
place thereupon a stamp, indicating the
tax upon the same, as the law requires
for inland bills of exchange or promissory
notes, and no bill of exchange shall be
paid or negotiated without such stamp
Penalty a fine not exceeding S100.)
Section ~ provides that in some country
districts postmasters shall assist collectors
In supplying the stamps TO users.
Sec. 10. That any person or persons
who shall register issue, sell or transfer,
or who shall cause to be issued, registered,
sold or transferred any instrument, docu-
ment or paper of any kind or description
whatsoever mentioned in schedule A OF
this act without the same being duly
or having thereupon an adhesive
stamp for denoting the tax charges there
ID and cancelled in the manner required
BY law, with intent TO evade the provisions
IF this act, shall be deemed guilty OF mis-
and upon conviction thereof
shall be punished by fine not exceeding
$50, or by imprisonment not exceeding SIX
months, or both, in the discretion OF the
court, and such instrument, document or
paper not being stamped according to law,
hall be deemed invalid and Of no effect.
The remainder of the section provides for
he remission of the penalty in cases of
accident and mistake, etc.,
Sec. IA. That hereafter no instrument,
paper or document required by law to be
stamped, which has been signed or issued
Without being duly stamped, or with de-
icient stamp, nor any copy thereof, shall
,e recorded or admitted or used as evil
lence in any court until legal stamp or
stamps, denoting the amount of tax, shall
ave been affixed thereto, as prescribed by
aw. provided that any bond, debenture,
certificate of stock or certificate of indebt-
,dness issued in any foreign country shall
,ay the same tax as is required by law ON |
imilar instruments when issued, sold or
transferred in the United States, and the
,arty to whom the same is issued or by |
whom it is sold or transferred shall, before
cling or transferring the same, aiiix
hereon the stamp or stamps indicating
he tax required.
Sec. Is. That it shall not be lawful to
ecord or register any instrument, paper
II document required by law to be stamped
lnless a stamp or stamps OF the proper
.mount shall have been affixed and can
eled in the manner prescribed by law, ana
he record. registry or transfer of any such