Imperial Valley press., 1914-11-16
STAMP TAX ON LEGAL PAPERS
is EFFECTIVE DECEMBER

Taxes on legal Instruments of all
descriptions, as imposed under the
stamp tax sections of the new war
tax bill, have wide range. The va
rious amounts of taxation were an
nounced in Los Angeles by Collector
of Internal Revenue John P. Carter.
Assessments under this section Of
the bill become due ard payable on
end after December /, 1914, when all
provisions of the new act will be-
come operative.
According to the announcement of
the internal revenue collector, docu-
ment;.ry taxes will be assessed as fol-
lows:
Bonds, debentures or certificates of
| Indebtedness Of any association, COM
pany or corporation, on each $100
of face value of fraction thereof,
cents.
On each original issue of certificates
Of stock, whether on organization or
reorganization, on each 500 Of face
value or fraction, 5 cents.
On all sales, agreements to sell,
memoranda of sales, deliveries or
| transfers of shares, or certificates of
stock of any association or corpora
ton, on each 500 of face value or
fraction, cents.
On each sale, or agreement of sale
of any product or merchandise at any
exchange or board of trade, or other
similar place, either for present or
future delivery, for each 500 in
value, 1 cent; and for each additional
$10O, or fractional part in excess of
500, / cent.
Promissory notes and for each re-
newal for a sum not exceeding $100
2 cents; and for each additional $10C
or fraction, 2 cents.
Bills of lading and manifests issued
by express companies or public car
| riers, 1 cent.
/ Bonds, except those required in le-
gal proceedings, so cents.
Certificates of damage, or other
wise, and all other certificates OIL
documents issued by port warden OF
marine surveyor, 25 cents.
| Certificate of any description re
quired by law, not otherwise speci
fed, 10 cents.
Contract, brokers' note or memo
randum of sale of goods, or mer.
chandise, stocks, bonds, exchange
notes Of hand, or property of an!
kind issued by brokers, 10 cents.
/ Conveyance, deed, instrument o.
writing conveying lands, tenements o.
other realty, value over $10O anc
not exceeding $500, so cents; for eacl
additional $500 or fraction, so cents
/ Entry of goods, wares or merchan
disc in custom hoase, not exceeding
S100 in value, 25 cents; exceeding
| $100 and not exceeding $500, 81
cents; exceeding $500, 81.
/ ENTITY for withdrawal of goods o
merchandise from customs bondet
warehouse, so cents.
Insurance, marine, inland and fir
Except purely cooperative or mu
tuaD, lightning or other peril, OF
each policy or renewal on amount o
premium charged on each 81 or frac
tional part, II cent; fidelity and guar
antee on each policy, on each 81 o
fractional part of premium received
| " cent.
! Passage tickets by any vessel from
| the United States to foreign port
costing not exceeding $50 (ticket
costing $40 or less exempt), 81; NOR
| than $50 and not exceeding $50, So
more than $50, So.
| Power of attorney or proxy for vot
| ing at an election of officers of an,
incorporated company or association
except religious, charitable or liter
airy societies or public cemeteries, II
cents.
Power of attorney to sell or con
vey real estate or to rent or lease
to collect or receive rent, to sell O.
transfer stocks and bonds, 25 cents
Papers used in the collection of pen
sion, back pay or bounty claims, o.
claims for any property lost in mill
tary or naval service are exempt).
Protests of every note, bill of ex
change, acceptance, check or draft
or any marine protest, 25 cents.
Telegraph or telephone messages
Every person, firm or corporation op
Grating any telegraph or telephone
line is required to make sworr
statement to the collector of the mum
ber of messages or conversations
transmitted over their lines during
the preceding month, for which &
charge of Is cents or more was i'm
| EOsed. and for each of such messages