Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-06-10
THE KANSAS CITY JOURNAL. FRIDAY JUNE TO- 1893

THE KANSA
alton of the law, and also the stocks and
| bonds issued by cooperative building ano
| not exceed 900 and building and loan as
sociations or companies that make loaps
| only to their shareholders.
Tax ON Telegraph MessaEes.
Section Is provides for q tax stamp on
I telegraph messages, and exempts messages
Of officers and employees OF the go*ernment
| on official business and also the messages
Of telegraph and railroad companies over
their own lines.
Section 20 makes 1t a misdemeanor to
evade the plans of schedule B. relative to
drugs, medicines. perfumery. etc. punish.a-
BILE by fine not to exceed $500 or impris-
onment not to exceed six months. or potn. @
ing been put up and sold at retail as pre-
scriptions, are not included In the taxable
articles. leaving It to apply particularly
to proprietary articles.
Section "a adds the tax on proprietary ar
ticles to the duty on them, requiring the
afixing of the internal revenue stamp be-
fore withdrawal for consumption. "a
Bonds, de6entures or certtncates OF In
| dehtedness by any association. company or
corporation on each $loo OF face value or
fraction thereof, 5 cents, and on each
original issue, whether on organization or
reor ganization, or certificates of stock by
an* such association. company or corpor-
thereof. cents. and on all sales. or agree
| ments to sell. memoranda of sales, or
deliveries or transfers OF shares or certifi-
Gates of stock. on each 800 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
change of ownership is by transference the
stamp shall be placed upon the certificates.
and in cases an g agreement to sell or Sles where
cate assigned in blank where there shall
be made and delivered by the seller to the
buyer bill or memorandum Of such sale,
to which the stamp shall be affixed. PEN
atty: A fine Of from $500 to 81. 900 or i'm
prisonment for six months. or both.
Board of Trade Operations.
Upon each sale, or agreement to sell.
any products or merchandise at any ex-
change 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 tod to sell. IL ! cent;
part thereof. in excess of 500, cent; pro-
vided, that on every sale or agreement OF
sale or agreement to sell. there shall be
buyer a bill. memorandum of such sale.
to which there shall be afhxed lawful
stamp or stamps in value equal to the
amount Of tax on such sale.
Bank check, draft or certificate of depos-
it not drawing interest, or order for the
payment of any sum Of money drawn up
on or issued by any bank, trust company,
or any person or persons, companies or
Bills; of exchange dnlandl. draft. certif-
cate Of deposit drawing interest, or order
Tor the payment OF any sum OF money,
otherwise than at sight or on demand or
any promissory note except bank notes
issued for circulation. and for each re-
newaI Of the same. for sum not exceed
ing 800. cents. and for each additional
$l0o OF fractional part thereof. in excess Of
Bills OF exchange foreign) or letter Of
credit, II drawn sinsly for sum not ex-
ceeding 800, cents, and for each 500 or
cents. If drawn In sets Of two or more:
For every bill Of each set, where the sum
does not exceed 500 in any foreign cur
rency, cents. and for each 500. or frac-
tional part in excess of 800, cents.
Bills of lading or receipt (other than
charter party for any goods OF merchan-
disc to be exported to any foreign port or
place, 10 cents
Express or Freight.
It is made the duty OF every railroad or
steamboat company carrier, express COM
pany; ;,s1 Or g corporation or person whose oc-
per or consignef. bill Of lading, manifest
or other evidence Of receipt and forward
7 bulk or in boxes. bales. packages, bundles,
or not SO inclosed or included; and there is
to be attached and cancelled to each OF
oi adPE siS%P Sn 91 S
Of lading shall be required on bundles or
packages Of newspapers when inclosed in
ment Penalty, So
A tax of cent is imposed for every tele.
phone message for which over Is cents IL
charged. Any telegraphic message, cent.
Indemnifying bonds, so cents. at
Certificate Of profits Of any association,
and on all transfers thereof, on each 800
Of face value, cents.
Certificates n damage otherwise. Is.
sued by any port warden or marine sur
veyor, Is cents. Certificate of any other
description, 10 cents. Charter party, II the
exceed 300 tons, s.; exceeding 800 tons and
tons. no.
Contract; brokers' note. or memorandum
Of sale of any goods or merchandise.
stocks, bonds. exchange, notes Of hand,
real estate, 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
800. and does not exceed $500. 50 cents.
and for each additional $500. 50 cents.
exceeding 500 in value, Is cents; exceeding
500 and not exceeding 500 in value, 50
cents; exceeding $500 in value. 81. Entry
for the withdrawal Of goods from customs
bonded warehouse, so cents.
The Bond Provision.
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 500 900, 900, or so
much thereof as may be necessary, and to
prepare and issue therefor, coupon or reg
istered bonds of the United States in de-
nominations of $40. or some multiple Of
that sum. redeemable in coin at the pleas
ure OF the United States after ten years
from the date of their issue, and payable
twenty years from such date, and bearing
rate of per cent per annum. The bonds
are to be first offered at par as popular
loan.
The conference added the following pro-
viso:
That any portion of any issue of said
bonds not subscribed for as above pro-
vided may be disposed of by the secretary
OF the treasry at not less than par. under
such regulations as he may prescribe, but
no commissions shall be allowed or paid
thereon: and sum not exceeding one
tenth of per cent of the amount of the
bends and certificates herein authorized is
hereby appropriated out of any money In
the treasury not otherwise appropriated.
to pay the expenses of preparing. adver-
Using and issuing the same" -t--
Coinage of Silver Bullion.
Following is the provision in regard to
the coinage of silver bullion:
The secretary of the treasury Is author
lied and directed to coin into standard
silver dollars, as rapidly as the public in
terests @ may s, % require, to an an "a amount how
lars In each month. all of the silver bull
lion now in the treasury purchased in ac-
cordance with the provisions of the act
.frpcfinSp a ba nf oil I,,11{