New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1914-10-28

Of lading therefor the puplsner OF is,,cu
newspaper snail 6Ie on or pefore tne
fifteenth day of each month with the
collector Of internal revenue for the
district in which snch newspaper is
published a report under oath showing
the number Of such shipments during
the preceding month. TO which report
such publisher shall atfix and cancel
stamps equal in value to cent for
each shipment SO reported: Provided
further that the report herein required
shall not include shipments OF newspa
pers delivered to points within the
county in which the same are pub
iished"
The penalty for failing to stamp bills
of lading is a fine Of $50
Regarding telegraph and telephone
messages. the law reads:
1T shall he the duty Of every person,
firm or corporation cwEing or operat-
ing any telegraph or telephone line or
lines to make within thirty days after
the expiration of each month a sworn
statement to the collector of internal
revenue in each of their respective dis
tricts. stating the number of dis
patches. messages or conversations
originated at each Of their respective
exchanges, toll stations or Offices and
transmitted thence over their lines
during the preceding month for which
charge of Is cents or more was i'm
posed, and for each Of such messages
or, conversations the said person.
firm or corporation shall collect from
the person paying for the message or
conversation a tax of l cent in addi.
ton to the regular charges for the
message or conversation. which tax
the said person. firm or corporation
shall in turn pay to the said collector
of internal revenue of their respective
Districts
tndemnifying bonds are subject to q
tax of 80 cents; certificate of profits. 2
cents for each $500: certificates of dam
age. etc. % cents; all other certificates
required by law. 10 cents each.
Brokers notes. memorandums Of sale.
ETC., 10 cents each; conveyances. such
as deeds. between 500 and $500 above
any lien or encumbrance. 50 cents. and
so cents for each additional $780, but
instruments to secure debt are ex-
empt: custom house receipts. % cents
to 81 for FROM $500 to $500 or over: GUS
tom house withdrawal entries, 50 cents
each.
Insurance Policy Tax.
The tax on marine and fire insurance
policies is | cent Oh each dollar of pre-
MUM, cooperative or mutual fire in
surance companies being exempted.
Policies of reinsurance are exempt.
Other insurance policies and guaranty
bonds. except life. personal accident,
health and workmen's compensation.
one-half of per cent on each dollar
The full text on insurance is:
Insurance Each policy of insurance
or other instrument. by whatever name
the same shall be called. by which in
surance shall be made or renewed upon
property Of any description Including
rents or profits), whether against peril
by sea Or on inland waters. or .bS fire
or lightning or other peril. made ny
any person. association or corporation,
upon the amount Of premium charged.
one-half Of cent on each dollar or
fractional part thereof. provided that
purely cooperative. or mutual Gre IN
surance companies or associations car
ried ON by the members thereof solely
for the protection Of their own prop
erty and not for profit shall be exempt
+ ed from the tax herein provided. Pro-
vided further that policies of reinsllr-
ance shall be exempt from the tax
herein imposed by this paragraph
Each policy of insurance or bond or
obligation OF the nature of indemnity
for loss, damage or liability issued or
executed or renewed by any person.
association, company or corporation
transacting the business of fidelity, en-
ployers liability. plate glass. steam
boiler. burglary. elevator, automatic
sprinkler or other branch of insurance.
except life. personal accident and
health insurance and insurance de-
scribed and taxed or exempted in the
preceding paragraph and excepting
also workmens compensation insur-
ance carried on by the members there
of solely for their own protection and
not for profit. and each bond undertake
ing or recognizance, conditioned for
the performance of the duties OF any
office or position or for the doing or not
doing Of anything therein specified or
other obligation of, the nature of in
demnity, and each contract or obliga-
ton guaranteeing the validity or legal
ity Of bonds or other obligations issued
by any state. county. municipal or 9TH
err public body or organization or guar
anteeing titles to real estate or mer-
camille credits executed or guaranteed
by any liability, fidelity, guarantee or
surety company upon the amount of
premium charged, one-half Of 1 cent.
on each dollar or fractional part there
Of. provided that policies Of rcinsur.
ance shall be exempt from the tax
herein proposed by this paragraph
P1SS3OQ ticEnt So11 },, ST.