Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1914-11-17

one-half Of cent on each dollar or
fractional part thereof. provided that
purely cooperative or mutual fire 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-
yided further that policies Of reinsur-
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 workmen's compensation insur-
ance carried on by the members there
Of solely for their own protection and
not for profit. and each bond undertak-
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
er 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 l cent
on each dollar or fractional part there
Of. provided that policies Of reinsur-
ance shall be exempt from the tax
herein proposed by this paragraph"
Passage ticket sold in the United
States to a foreign port not exceeding
$50. 81; not exceeding $50. So: exceed
ing $50. $5: tickets costing $40 or less
exempted.
Power of attorney or proxy for vot-
ing Mt any election for officers Of any
Incorporated company or association.
except religious. charitable, or literary
societies, or public cemeteries. 10
cents; other powers Of attorney. 25
cents: protests, 25 cents.
Every seat sold In palace or parlor
car and every berth sold in a sleeping
car, cent. paid by the company.
Perfumery and Toilet Articles.
The stamp tax on perfumery. cosmet-
les and similar toilet articles range
from one-eighth Of one cent on each
FIVE cent package to five-eighths Of one
cent on each twenty-five cent purchase.
and fve-eighths Of one cent for each |
additional % cents In value.
All perfumery, cosmetics, ETC.. which
are in the hands Of manufacturers or
Of wholesale or retail dealers on and
after Dec. l. 1914. shall be subject to
the payment Of the stamp taxes herein
provided for, but II shall be deemed Il
compliance with this act as to such ar
ticles on hand in the hands Of whole
sale or retail dealers as aforesaid who
are not the manufacturers thereof to
nffix the proper adhesive tax stamp at
the time the packet. box, bottle, pot or
phial or other inclosure with Its con-
<oot, io cold Of rotoil -
For chewing gums, or substitutes.
cents for each 81 Of value.
Any one who fails to comply with or
evades the provisions Of the new law
must pay double the amount Of the
tax. Special penalties are provided for
any fraudulent use Of the war tax
stamps whatsoever or for specific eva
sions.
The total sum Of 100000 is appro-
priated to collect the war taxes. The
act takes effect at once, except where
otherwise expressly Iyovided, and will
hold until Jan. l. 1915.