Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1898-06-30
NOTICE TO BANK PATRONS.
Abilene Banks Issue Information Con.
corning War Tax on Bank Paper,

| " WV NV"eVbNt'" NNN NVffpcIVUWtNtn VI
The Banks Of Abilene:
The banks OF Abilene at a meeting
held this day, dsci'ed to issue this
notice In regard to the Stamp Tax on
bank checks, drafts, bills Of exchange,
etc., under the new war revenue law,
which goes into effect July lst, 1898.
The section relating to checks, etc.,
reads as follows:
"Bank check, draft or certificate of
deposit not drawing interest, or order
for payment Of any sum Of money,
drawn upon or issued by any bank,
trust company, or any person or per-
sons, companies or corporations, at
sight or on demand, two cents"
The section relating to bills Of ex.
change, notes, etc, reads as follows
"Bills Of exchange, Gnland), draft,
certificate of deposit drawing inter.
est, or order for the payment Of any
sum Of money, otherwise than at
sight or on demand, or any promis-
sorry note except bank notes issued
for circulation, and for each renewal
Of the same, for o sum not exceeding
one hundred dollars, two cents; and
for each additional one hundred dol
lars or fractional part thereof, in ex.
cess Of one hundred dollars, two
cents"
The section providing for the can
collation. Of stamps reads as follows:
"That in any and all cases where
an adhesive stamp shall be used for
dencting any tax imposed by this
Act n the person using the
same shall write or stamp thereon the
initials of his name and the date upon
which the same shall be attached or
used, SO that the same may not again
be used. And II any person shall
iraudulently make use Of an adhesive
stamp to denote any tax imposed by
this Act, without so effectually can.
ceiling and obliterating such stamp,
y he, she or they shall be
deemed guilty Of a misdemeanor, and
upon conviction thereof shall pay a
fine Of not less than fifty nor more
than five hundred dollars, or be i'm
prisoned not more than six months,
or both, at the discretion Of the
court"
The section provlding| penalty for
failure to comply with the foregoing,
reads as follows:
"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 prom
issory 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 ad-
hesive stamp for denoting the tax
hereby charged thereon, he, she or
they shall be deemed guilty Of a mis-
demeanor, and upon conviction there.
Of shall be punished by fine not ex-
ceeding two hundred dollars, at the
discretion OF the court"
Section seven provides that all in
struments, documents, or paper Of
any description, on which The stamp
demanded by law is not placed,
SHALL NOT BE COMPETENT EVIDENCE IN
ANY COURT.
As the penalty in regard to checks,
drafts, ETC., falls on the bank paying,
as well as the person drawing the
checks or drafts, the undersigned
have decided that all checks and
drafts must have the necessary
stamps attached before they are pre-
sented for deposit or payment at our
counters, or received by us through
the mail for collection or credit, and
no arrangements can be made with us
to stamp checks or drafts when they
are presented. The attention Of cor
respondents is particularly called to
this point, as all checks or drafts
sent in for credit drawn on city or
country banks, individuals, firms or
corporations must be returned unless
properly stamped.
CITIZENS BANK,
AptTpNF NATfoNAI RANK