The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1898-06-18

n rate OF interest not excee ling 2 per cent.
such sums as. in his judgment, may be nee
essary TO meet public expenditures. and
to issue certificates or indebtedness In de-
nominations OF $50 or some multiple or
that sum: each certificate IL made payable
at such time. not exceeding one year from
the date OF its issue. as the secretary or
the treasury may prescribe: provided that
the amount OF such certificates outstand-
ing shall at no time exceed si0o00o.0o0.
Bonds. debentures or certificates OF In
debtedness by any association. company or
corporation, on each 500 OF face value or
fraction thereof. cents. and on each orig
fnal Issue. whether on organization or re-
organization, OF certificates OF stock by
any such association. company or corpora
tion. on each 800 OF face value or fraction
thereof. cents. and on all sales. or agree
ments 10 sell, or memorandum OF sales. or
deliveries or transfers or shares or certih-
Gates OF stock, on each 800 OF face value
or fraction cents. In case or sale where
the evidence OF transfer Is shown only by
the books OF the company. the stamp shall
be placed upon such books, and where the
change OF ownership IL by transfer certih-
cate the stamp shall be placed upon the
certificate; and In cases OF an agreement
TO sen or where the transfer Is by delivery
OF the certificate assigned In blank there
shall be made and delivered by the seller
10 the buyer a bill or memorandum OF such
sale. TO which the stamp shall be affixed.
Penalty. a fine OF from 500 10 $1,000. and
imprisonment for six months, or both.
Upon each sale. or agreement TO SELL any
products or merchandise at any exchange,
or board OF trade. or other similar place.
either for present or future delivery, for
each 800 I'm value OF said sale or agree
ment OF sale or agreement 10 sell. one cent.
and for each additional 500 or fractional
part thereof in excess OF 800. one cent
Provided, that on every sale or agreement
OF sale or agreement TO sell, there shall be
made and delivered by the seller 10 the
buyer a bill. memorandum OF such sale, TO
which there shall be affixed a lawful stamp
or stamps in value equal to the amount OF
the tax on such sale.
Bank check, draft or certificate OF de-
posit not drawing interest, or orders for the
payment OF any sum OF money drawn upon
or issued by any bank. trust company or
any person or persons. companies or corpo-
rations, 2 cents.
Bills OF exchange Qnland) draft certin-
Gates OF deposit drawing interest, or order
for the payment OF any sum Of money. 9TH
erwlse than at sight or on demand or any
promlssory note except bank notes issued
for circulation and for each renewal OF the
same for "a sum not exceeding 500, cents,
and for each additional 800 or fractional
part thereof in excess OF 500. cents
Bills OF lading or receipt (other than char
ter party) for any goods or merchandise TO
be exported 20 any foreign port or place, 10
cents. A tax OF one cent Is imposed for
every telephone message for which over
10 cents IL charged. Any Geographic mes
sage, l cent. Indemnifying bonds, 80
cents. Certificate OF profits OF any assoc
citation and on all transfers thereof, on each
800 or face value, cents.
Contract, brokers' note or memorandum
OF sale OF any goods or merchandise. stocks,
bonds, exchange, notes OF hand, real es-
tate. 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, 30 cents. and for each addition
al $500, 80 cents
The Bond section.
The secretary OF the treasury is author
lied 10 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 10 be used
only for the purpose OF meeting such war
expenditures), the sum OF $500 900, 600, or so
much thereof as may be necessary, and 10
prepare and issue therefor coupon or reg
istered bonds OF the United States IN de-
nominations OF $50 or some multiple OF that
sum, redeemable In coin at the pleasure OF
the United States after ten years from the
date OF their issue, and payable 20 years
from such date and bearing interest pay
cent. per annum. The bonds are TO be first
offered at par a popular loan.
miscellaneous.
Proxy for voting az any election for Of
ficers OF any incorporated company. except
religious, charitable or literary societies or
public cemeteries, 10 cents.
Power OF attorney. % cents: not 70 apply
TO the collection OF ex-soldiers' claims
against the government on account OF the
military or naval service.
Protests OF notes. bills OF exchange, ac-
ceptance check or draft, or any marine
protest, % cents. Warehouse receipts. Is
cents. The stamp duties on manifests, bills
OF lading and passage tickets do not apply
TO steamboats, or other vessels plying be-
tween ports OF the United States and ports
In British North America.
Compromise on silver Coinage.
The senate recedes from its coinage OF
the silver seigniorage amendment and
substitute Is agreed 10 simply author
lzing and directing the coinage OF not less
than 100000 silver dollars per month from
the silver bullion held In the treasury. such
silver dollars 10 be applied as provided by
the act OF July II. 1890.