The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1903-02-20
THE NEW REVENUE ACT.
Some of the Provisions OF the Meas
ure-An Opinion by Attorney Gen-
eral GiImer-FavOrabIe Report on
Whites Bill - Milburnie Plant
Leased.
Messenger Bureau.
Raleigh, n. =, February Is.

an opinion from what may be called a
case of double office holding. He de-
cides that where a person holds one
office under the state, and is elected to
another office the acceptance Of The
End office the first. In the
for deaf mutes at Morganton was elect
ed chairman of the board of commas
sioners of Buncombe county. 1t ap-
pears that he desired to hold both po-
sitions.
A charter was granted today to the
Greensboro Shade Co. with $500 CAPT.
shades, j. E. Mitchell and others being
stockholders.
A charter was also granted the Cas-
tie Manufacturing Co.. of Cas.le
Haynes, to manufacture lumber. own
and operate boats and tugs. etc. Capt.
tai $40, coo; T.. V. Baltzar and ot.-ers
stockholders.
Among today's arrivals We're A. H.
Eller, Winston; He. lot Clakson. Char
lotte; NJ. S. Willard. Wilmington: J.. Z.
Robinson. Goldsboro; George Harriss,
Wilmington; NJ. c.. Guthrie. j. j. Ad-
kins, Southport; S. T. Craig. Whining
ton.
The joint committee on insurance de-
cided to favorably report mate
Whites bill prohibiting the writing of
any fire insurance except by agents
licensed by the state. A humble of
manufacturing and other concerns have
been in the habit Of giving their insur-
ance to q broker in New York, who
would send the policies to some local
person and then make the latter divide
commissions with him. The bill is in
tended to put q stop to his prsc lee.
The bill was reported TO the senate to-
day. There was also a favorable report
or Senator Godwin's bill pl oviding tor
the appointment Of fire inspector, the
establishment of fire limits and regula-
tons of buildings within such limits In
incorporated towns, to which only the
bill applies.
The revenue act was printed today
and given to the members of the house.
It was introduced by Mr.. DOughton,
and is the work of the subcommittee
on finance of both the senate and house
It makes the poll tax s1.29; the ad I'd
loren tax q cents for state purposes
and 4 cents for pensions and is cents
for public schools, making 4S cents on
the 500 value of real and personal
property; the corporation tax is. like
the taxes above. the same as at present
as is also the inheritance tax.
The income tax is / per cent. on in
m over S1,00G; derived from proper
ty not taxed: from salaries and fees,
public or private. from annuities. from
trades or professions. and from n 9TH
er sources. the incomes from which are
not specifically exempted from taxation
by law. The circus tax is 5000 for each
day or part OF a day on every exhibi-
ton Of a circus, show, or menagerie tc
which the price of admission including
ID reserve seat does not exceed SO cents
Exhibitions given for the sole benetlt OF
religious. charitable or educational OBJ
jects are exempted from taxation, ex-
cept that when operas, star courses OF
theatrical troupes are employed, such
as usually appear in licensed halls o.
theatres, then the tax should be the
same as that imposed on travelling
theatrical companies performing in un.
licensed halls. The sewing machine
tax is $3.50. Each peddler on foot, ST.
for ach county. each peddler witt
horse. $50 for each county; each tin
- - " ~ >NPoS~D ~ N0A~ -
a rented place or on the street goods
or merchandise, 500 for each county
Cotton congresses 500 for each Ice
bales. Hotels from 25 cents to so cent:
per room.
Only those slot machines are allowed
which give a fixed or certain return
the operation of any others is a mis-
demeanor punishable by not less thar
ScnD n- throo months imnrOGOnmpnf M
both. On stock brokers $50. On deal
ers in futures from $50 to $500, accord
ing to population of place. Liquor
dealers $500 a year. for retailers. s4O'
for wholesalers and rectifers, $50 70
beer dealers. On grain distilleries 81;
if under 6 bushels daily, $50 UP to l.
bushels, and so on up to 5000 up to 10
bushels. Half the liquor license ia,
goes to the state. the other half to tn
counties for school. Tax on dispense
ries 2 per cent. of gross receipts. to g
to the state. Merchants tax 40 cents OF
each $1,000 up to $50. 900 and so on unit
on sales owe $125, 600 tax is 20 cents o.
each additional 81, 000. Insurance Ii
cense tax $3.50 for life. 5000 for tre, &C
cident and marine companies. On eni
grant agents in each county S100 70
the state n a like amount for tn
county. Express companies 81 on eac:
miles Of road or water on which bgsi
ness is done; for telegraph companie
% cents on zach mile Of wire; for tele
phone companies 2 per cent. Of tn
gross receipts within the state.
The Raleigh Ice and Electric Com
pany which operates the street car sys
TEN and a tightening plant here, an,
also an ice plant, has leased the waite
power at Milburnie on the Neuse rive
, six miles from here. Last year thi
plant was completed on the Neuse VT
three dynamos and .power wire
into the city. Tests Of the power hav
| been made for several weeks by Mr. :
H. Cutler of the General Electric Com
pany and are found so satisfactory tina
the lease is made. 1t is said that tn
Power Plant at Milburine cost abou
10000. 1t will be used TO operate tn
street cars and the street lights. A
Milburine on the site Of the preser
plant there were for many years pape
mills, which were burned in April 1S6;
For a number Of years these mills fur