The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1901-03-01

father or grand mother of the person
who died possessed, as aforesaid, al
h rate $500 for each and every 500
Of clear value of such interest; fifth,
where the person or persons entitled
to any beneficial interest in such prop
erty shall be in any other degree of
collateral consanguinity than herein
before stated, or shall be a Granger in
blood to the person VINO died possess
ed, as aforesaid, or shall be a body pol
tic, or corporate, at the rate Of $500
for every 800 of clear value of such
interest; provided, that all legacies or
property passing by will or by the
laws Of the state TO a husband or wife
of the person who died possessed as
aforesaid shall be exempt from tax or
duty.
Where the amount or value of /
property shall exceed s., 900, but shall
not exceed $40, 900, the rates of tax
above setforth shall be multiplied by
n and n half, and where the
amount or value shall exceed $40, 900,
but not exceed SIS. 900, such rates of tax
shall be multiplied by two; and where
the amount or value of said property
shall exceed $25, 900, but shall not ex-
coed $50, 600. such rates of tax shall be
multiplied by two and one half, and
Wnere the amount or value of said
property shall exceed $780, 900 such rates
of tax shall De multiplied by three.
All heirs. legatees. devisees, admin
~Strators, executors and trustees shall
only be discharged from liability for
the amount of such taxes. settlement of
which they may be charged with, by
paying the same for the use aforesaid,
as hereinafter provided.
If said tax shall be paid within three
months after the death Of the decedent,
q discount of 5 per centum shall be
Dnn1- 49, -TI~--~ -
not paid at the end of one year from
the death of the d~ecedent. the court
shall issue a citation to the executors,
administrators n after the expiration
of one year from the death of the de-
cedent, interest shall then be charged
at the rate Of II per centum per annum
on such tax; but where from claims
made against such estate. or litigation
or other unavoidable ash of delay, the
estate of any decedent or any part
thereof can not be settled up at the end
of a rear from his or her decease 6 per
centum per annum shall be charged
upon said tax arising from the unset
tied part thereof from the end of such
year until there be default: provided
further that where the personal estate,
withheld by reason of litigation, or
other of delay in manner aforesaid
from parties entitled thereto subject to
said tax, las not beer paid or shall not
be productive to the extent of 6 per
centum per annum they shall not be
compelled to pay a greater amount as
interest to the state than they may
have received, or may realize from such
estate during the time the sum has
been Or shall be withheld as aforesaid.
If a legacy subject to aid tax be
given to any person for life. or for a
term of years or for any other limited
period Upon a condition or contingent
arr - r. ~ h 4hA 49, AI~--
on shall be retained upon the whole
amount, but if not money, application
shall be made to the court having ju-
risdiction of the accounts of the eX-
ecutors and administrators to make ap-
portionment. if the case replres it, of
the sum to be paid by such legatees,
and for such further order relative
thereto as equity shall require.
Whenever such legacy shall be
charged upon, or payable out of real
estate. the heir or devisee OF such real
estate, before paying the same to such
legatee. shall deduct therefrom at the
rates aforesaid and pay the amount so
deducted to the executor or admins
traitor and the same shall remain a
charge upon such real estate until paid,
and in default thereof the same shall be
enforced by a decree of court in the
same manner as payment of such lega-
cy may be enforced; preceded. that all
taxes imposed by this act shall be a
lien upon the personal property of the
estate on which the tax is imposed or
upon the proceeds arising from the sale
of UGH property. from the time said
tax is due and payable and snail con-
tinue a lien until the said tax is paid
and receipted for by the proper Office
of the state.
THE INCOME TAX.
The tax payer shall show on his list
the source of his income and the tan
lister shall see that specific
are made to each question in regard
to his. income.
The blanks for listing taxes shall coz
tain following questions in regard to
income:
What was your gross income during
twelve months ending June LIST?
From state or United States bonds?
From salary and fees?
From annuities?
From trade or profession?
From any other source?
Subject to tho following deductions:
For income from property taxed. For
exemption of 1000. Income for taxa
ton.
Should the tax lister fail to require
q specific answer to each question IA
regard to income he shall be subject to
a penalty of S. for each question I'M
answered and the board Of county COM
| miSsionerS shall deduct the mount Of
the penalty from the compensation due
the tax lister, Or the amount may be
sued for by any individual, one-half Of
the amount recovered to go to person
bringing suit and one-half to the state.
RATE OF INCOME TAX.
On all gross incomes is provided in
the preceding section hereof, the tax
shall be levied as follows:
On excess over amount legally ex-
empted not exceeding s. 1000, l per cent.
On excess over 81, 1000 and not exceed
ing $4,000, IL per cent.
On excess over $4,000 and not exceed
ing 5000, , per cent
On excess over $1,000 and not exceed
ing $4,000. 212 per cent.
On excess over $4,000 and not exceed
ing 5000 0 3 per cent.
On excess over So 900. 31lA per cent.
The above tax shall not be levied
upon income derived from %ope al