New-York tribune., 1913-11-30
Treasury Department Try
ing to Make Their Mean
ing Clearer.
NEW REGULATIONS
REGARDING AGENTS
Certification of Ownership by
Agents Explained-COllect-
ing Foreign Tax.


y Washington. Nov. 29-ConfusiOn over
slhe Interpretation Of the original regula-
itions sent out by the Treasury Depart
sment TO internal revenue collectors gov
gerning the collection of the income tax
.has necessitated, as predicted by The
Tribune, supplemental rules, which we're
announced to-day.
Bankers throughout the country have
protested against what they call the
burden of collection" and private citizens
have been flooding the department with
queries regarding the exact meaning OF
1.-THE first set Of regulations. 1t is eX-
.pected that there will be a continuance OF
Confusion for several months, but the
Commissioner of Internal Revenue, w. h.
Osborn. asserts that he will be able 10
meet specific phases of the problem with
supplemental instructions TO the collec-
tors, If necessary.
The following regulations were sent TO
internal revenue collectors tonight re-
garding the authority Of agents duly au-
sthorized to sign certificates of ownership
(which accompany coupons or registered
Interest orders when presented for col
lection:
Certificates OF ownership, which are
required TO accompany all coupons or
registered interest orders under regula-
tions made in pursuance of Section 2, act
of October 8, 1873 may be signed in the
name of the owner of the bonds by his
duly authorized agent, and the said GER
stihcate shall give the full name and ad-
dress of both the owner and his author
izcd agent.
Satisfied AS to Identity"
IF the person. firm or organization TO
whom the certificate thus signed is pre-
sented for collection is reasonably salts
fed as 10 the identity and responsibility
OF the person signing as duly authorized
agent. he or it shall stamp or write on
the face of said certificate, Satisfied as
10 identity and responsibility OF agent
giving name and address of person thus
certifying, and said certificate may then
he accepted by persons, firms or organi-
cations TO whom presented without re-
ouiring further evidence as TO authority
of agent.
IF the person, firm or organization hrst
receiving a certificate Of ownership signed
by an agent is not satisfied, or cannot
satisfy himself or itself, as TO the agents
Identity and responsibility, then, in that
event the authorized agent shall furnish
evidence of his authority so TO act, which
evidence will be retained by the person,
firm or organization receiving it, and the
certificate of ownership shall then be
indorsed as provided herein"
Another decision sent out to-day reads:
Certificates of ownership, Form 1000,
as originally prescribed in regulations OF
October 25, 1915 shall be accepted by
debtors or withholding agents, when
properly filed in and signed by the owner
of the bonds or his duly authorized
agent. until December 10, 1918. and after
that date only the amended Form 1000,
as prescribed by regulations, shall be &C
cepted
Form 1000. original and amended, as
ii has been adapted to the use of guar
dans. trustees, executors, administrators,
agents, receivers, cOnservators, and all
persons. corporations or associations act
ing in a fduciary capacity. when properly
filled in and signed and giving the in
formation required by the regulations,
Sndli De accepted OS ucUtOlS OI NllhHOLu-
ing agents until regulations giving pre-
scribed form of certificates Of ownership
for fduciary agents are issued, and for
thirty days thereafter.
Form 1901, 1908 and 1904 as they have
been adapted to the use Of foreign Or
ganizations and foreign partnerships,
when properly filled I'm and signed and
giving the information required by regula-
tions, shall be accepted by debtors or
Withholding agents until regulations Civ
ing a prescribed form OF certificate Of
ownership for foreign organizations and
foreign partnerships are issued, and for
thirty days thereafter"
License Regulations.
Instructions were also sent to collectors