The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-12-16
WY. UndeYhood's Bill for
Taxing Distribute Shares

sum of five hundred thousand dollars, but
shall not exceed the sum of one million
dollars, such Rates of duty shall be null
tiplied by two and one-half, and where
the amount or value of said property shall
exceed the sum of one million dollars, but
shall not exceed the sum of two million
dollars, such rates of duty shall be multi
piled by three; and thereafter for each
additional million dollars of property
value of the decedent's estate, such rates
of duty shall be multiplied by an addition
al unit added to the three units last
named, until the tax shall amount to
twenty-five dollars for each and every
| hundred dollars Of value of the interest in
| such property.
| Sec. 2. That the tax or duty aforesaid
| shall be a lien and charge upon the prop
| erty of every person who may die as
aforesaid for twenty years, or until the
| same shall, within that period, be fully
paid to and discharged by the United
| States and every executor, administrator
on trustee, before payment and distribu-
| tor to the legatees, or any parties en-
| titled to beneficial interest therein shall
pay to tn collector or deputy collector
| of the district of which the deceased per-
son was a resident the amount of the
| duty tax assessed upon such legacy or
| Glstributive share and shall also make
| and render to the said collector or deputy
collector a schedule, list or statement, in
, DIT plicate, of the amount of such legacy
| or distributive share, together with the
! amount of duty which has accrued, or
| shall accrue, thereon, verified by his
| oath or affirmation, to be administered
| ana certified thereon by some magistrate
| or officer having lawful power to admin
| lister such oaths in such form and man.
| nel as may be prescribed by the commits
! slcner of international revenue, which
| schedule, list or statement shall contain
| The names of each and every person en-
| titled to any beneficial interest therein,
| t"gther with the clear value of such in
| terest the duplicate of which schedule,
| list or statement. shall be by him inn
medately delivered, and the tax thereon
! paid OF such collector: and upon such
| Payment and delivery of such schedule,
| list or statement said collector or deputy
| collector shall grant to such person pay
| ing such duty or tax a receipt or re-
cc'pts for the same in duplicate, which
| shall be prepared as hereinafter provided.
| Such receipt or receipts, duly signed ana
delivered by such collector or deputy
cclle ctor shall be sufficient evidence to
entitle such executor. administrator, or
Trustee to be credited and allowed such
ray ment by every tribunal which, by the
laws of any state or territory, is, or may
he empowered to decide upon and set
tie the accounts of executors and admins
istrators.
And in ease such executor, admins
traitor, or trustee shall refuse ar neglect
to pay the aforesaid duty or tax To the
collector or deputy collector. as ufore-
said within The time hercinhefore pro-
Nided or shall neglect on refuse Ia de-
liver Ia said collector or deputy collcc-
tor the duplicate of the schedule list or
statement Of such legacies. property or
| personal estate under oath MS arore-
said, or shall neglect on refuse TO de-
| liver the schedule list or statement Of
such legacies property. OF personal es-
tate, under oath AIS aforesaid or shall
deliver To aid collector ar deputy col
| hector a false schedule or statement Of
such legacies property. or personal rs-
tate. or give the names and relationship
Of the persons entitled to beneficial i'm
terests therein mtrulN, or shall not truly
and correctly set forth and state therein
the clear value Of such beneficial interest,
or where no administration upon such
property or personal estate shall have
been granted or allowed under existing
laws, the collector or deputy collector
shall make out such lists and valuation
as in other cases of neglect or refusal
and shall assess the duty thereon: and
the collector shall commence appropriate
proceedings before amy court Of the
United States in the name of the United
States. against such person or persons
as may have the actual or constructive
custody or possession Of such property
Or personal estate. or any part thereof
and shall subject such property or per-
sona estate, or any portion Of the same
to be sold upon the Judgment or decree
of such court, and from the proceeds
of such sale the amount of such tax or