The Birmingham age-herald., 1915-10-23

lawyer shall be required to pay a H. lcense until after he has praetieed hts profession for two years.
 G. For each exhibition of feats of leeerdemain or sleight of hand, or other exhibition or entertainment of like kind
 s25.
 6s For each person selling or deliver | ing lightning rods. s15o for eacn county in which they sell or deliver said article, and for each wagon and team used in delivering or displaying the same. an ad- l ditional sum in each county of s25. but
 this section shall not apply to merchants
 selling lightning rods at their regular established places of business.
 l 69 For each merchandise broker fin
 cities of 25.ooo inhabitants, or more, s2S; in cities of 5000 inhabitants. and less than
 2Sooo inhabitants, sl5; in cities of 5000 and less than 1000 inhabitants, sl0: in towns 1 of 2500 inhabitants and less than 5000, So; in towns of less than 250o inhabitants, ls250
 7o For each person who is engaged In 1 the business of selling, or erecting monu- ments or tombstones in the state. So Tor
 each county in which he sells or erects
 such monument or tombstone; provided that this shall not apply to benevolent
 and fraternal societies that place monu-
 ments at the graves of their members. II. Every person, firm or corporation. whose principal business is lending
 money. and who has fixed place of business for such purpose shall pay an annual license of s100, and this sub division shall apply to all corporations engaged in business whether organ ized under the laws of this state or any other state or country. but shall not apply to banks or banking insti- tutions regularly organized as such; the payment of the tax in one county
 of the state. as evidenced by the license or official certificate of the probate judge shall be sufficient.
 72. (a). No mortgage. deed of trust.
 contract of conditional sale. or other instrument of like character which Is given to secure the payment of any
 debt, and which conveys any real or personal property situated within this state, or any interest therein, shall be
 received for record unless the follow
 ing privilege or license taxes shall have been paid upon such instrument before
 the same shall be offered for record,
 to-wit: Upon all such instruments
 which are executed to secure any in debtedness which shall not exceed $1OO
 there shall be paid the sum of 15 cents and upon all such instruments. which shall be executed to secure an indebted
 ness of more than $10o, there shall be
 paid the sum of 15 cents for each $10O of said indebtedness, or fraction there of, which is recured by said mortgage,
 deed of trust contract of conditional
 sale or other instrument of like char
 acter, to be paid for by the lender. (b). That when any deed is filed for
 record which recites that part of the
 purchase money Is unpaid, such deed
 to the extent of such unpaid balance
 shall be held and treated as mort gage, and the mortgage tax shall be
 collected by the judge of probate in ad- dition to the tax for recording the in
 strument as a deed before recording
 the same unless said balance of pur-
 chase money shall be secured by a
 mortgage or deed of trust which has , already been filed for record. and the
 tax thereon paid and the fact of such
 prior payment shall be indorsed on the deed. When any such deed Is recorded f and the tax thereon is paid. and there | after a mortgage securing the debt is f filed for record, the same shall be ad-
 mitted to record without the payment
 of the mortgage tax. and the fact of
 such prior payment shall be fndorsed on the deed
 Co. The privilege taxes required by law to be paid on mortgages, deeds of trust and similar instruments shall not be required on or for the filing or , any such instrument providing addl- ' tional or substituted security Tor any l, indebtedness secured by an instrument
 previously filed upon the filing or which the taxes provided by law have w | when no such privilege taxes were re- uuired by law, provided the secured in
 debtedness remains unchanged in , amount and in time of maturity. (d). Upon filing for record of such mortgage, deed of trust contract oi
 conditional sale, or other instrument ; of like character the person to whom the same shall be made payable, or his : agent, shall present the said nstru- 7 ment to the judge of probate or the county within. which the property con veyed thereby or any part thereon IS
 situated. and shall pay to the pro-
 bate judge the amount of the tax re- uujred under this subdivision to De 1 paid upon such mortgage, deed oi
 trust contract of conditional sale, or other instrument of like character, and : upon such payment the probate judge . or his clerk shall certify on said mort gage, deed of trust, contract or con ditional sale, or other instrument ol 5 like character, the fact that the said . tax has been paid, and when so certi- fled by the probate judge or his clerk such instrument shall be admitted to record in any county wherein any ol $ the property mentioned in said instru-
 ment is situated, without the payment
 of any further tax thereon, except the ! fee of the probate judge for recording 8 such instrument and such certiricatt B of the probate judge shall be recorded by the said prOpate Juuee when e~.A r instrument is recorded. The tax herein !, provided for shall be paid upon all 4 contracts for the sale of real or per r sonal property, whether the same De III r the nature of conditional sale, or f bond for title. and no such contrac' l shall be received for record until sucr
 tax shall have been paid.
 (e). When the time for the payment o r the indebtedness secured by any sucf
 mortgage, decd of trust contract Of con . ditional sale, or other instrument in th' nature of a mortgage is extended or re r newed, and the extension or renewal con t tract is offered for record, the tax re c ouired in this subdivision shall be pait 8 on the amount of indebtedness so ex t tended or renewed; and the same shal :, be governed in all respects by the pro l visions of this subdivision. There snai he no ad valorem tax collected upon an, [ such instrument or the debts secured l thereby. which shall have paid the ta, 2 prescribed by this subdivision, eithe I state. county or municipal
 (f). Of the taxes collected by the pro hate judge under this subdivision, there = shall be paid to the county treasurer O the county in which such taxes are col 5 lecteo. one-third of the amount collected bv him. to be accounted for by him, ant 2 l inc remaining two-thirds of said amour . collected to the state treasury. The pro U bate fudge shall receive per cent of th . amount collected by him as compensation D for his services .n collecting said none,
 and certifying said instrument, said ner cent to be retained by him out O ? inc moneys collected by him under thi