The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-07
Schedule A-Stan,p Tax.

1epAntures or certificates Of indebted-
ness issued by any person and all in
struments. however termed, issued by
corporation with interest coupons or In
registered form. known generally as cor
porate securities. on each 800 of face
value or fraction thereof Ave cents,
provided every renewal of foregoing
shall be taxed as new issue; when bond
conditioned for repayment or payment
OF money Is given In penal sum
greater than the debt secured. tax shall
be based upon amount secured.
2 Bonds. indemnity and surety: On
all borais executed for indemnifying any
person who shall have become bound
or engaged as surety and on all bonds
executed for due execution or perform
snce OF contract, obligation or require
ment or duties of office or position and
to account for money received by virtue
thereof and on all policies of guaranty
and fidelity insurance, including policies
guaranteeing titles to real estate and
mortgage guarantee policies. and on all
other bonds of description made. issued
Or executed not otherwise provided for
in this schedule except such as may be
required in legal proceedings 80 cents.
provided that where premium Is charged
for issuance, execution renewal or con-
tinuance o: such bond tax shall be one
cent on each dollar or fractional part
thereof OF premium charged. Policies
OF reinsurance shall be exempt from tax
imposed by this subdivision.
8. On each original issue. whether on
examination or reorganization, OF GER
tiAcates OF stock or of profits or OF In
terest in property or accumulations by
Any corporation on each 800 OF face
value or fraction thereof five cents.
Where certificate is issued without face
value tax shall be five cents share
unless actual value is in excess OF 800
a share in which case tax shall be fiNe
cents on each 500 OF actual value or
fraction thereof.
The stamps representing tax imposed
by this subdivision shall be attached to
stock books and not to certificates Is
sued
I. Capital stock. sales or transfers:
On all sales or agreements to sell. or
memoranda of sales or deliveries of. or
transfers Of legal title to shares or GER
tificates of stock or OF profits or OF inter-
est in property or accumulations In any
corporation, or to rights to subscribe Tor
or to receive such shares or certincates'
whether made on or shown by books OF
the corporation, or BY assignment in
blank. or by delivery, or by paper or
agreement or memorandum or other evil
denCe of transfer or sale, whether en-
500 Of face value or fraction thereof.
cents, and where shares are without par
or face value, the tax shall be cents on
the transfer or agreemtnt to sell on a
share. unless actual value Is in excess OF
500 a share, in which case tax shall be
2 cents on each 800 of actual value
or fraction thereof. II Is not intended
hv ths title to tax agreement evidencng
deposit of certificates as collatera! secur-
ity for money loaned thereon, which GER
thcates are not actually sold, nor upon
delivery or transfer for such purpose of
certificates 80 deposited. Tax shall not
bc imposed upon deliveries or transfers
10 broker for sale. nor on deliveries or
transfers by broker to customer for
whom and upon whose order he has pur-
chased same. but such deliveries or
transfers shall be accompanied by a GER
t!fCate setting forth the facts. In case OF
sale where evidence of transfer is shown
only by books OF corporation stamp shall
be placed on books: and where change
or ownership Is by transfer OF certificate
stamp shall be placed on the certificate
and in cases OF agreement to sell or
where transfer is by delivery Of GER
tihrates assigned in blank shall be made
and delivered by seller to buyer bill or
mrmora ndum of sale. to which stamp
snail he affixed and every bill or memo
randum Of sale or agreement to sell be-
fore mentioned shall show date thereof,
name of seller, amount OF sale. and mat
ter or thing 10 which II refers. Any per-
son liable to pay tax as herein provided,
or who acts as agent or broker for such
person. who makes such sale. or who in
pursuance of such sale delivers any GER
tHcate or evidence OF the sale of any
stock. interest or right. or bill or memo
hn tFad with
out having proper stamps affixed thereto
with intent to evade foregoing provi-
IONS, shall he deemed guilty Of mis-
'eineanOr. and upon conviction thereof
snail pay fine exceeding not $1,000 or be
Imprisoned not more than six months.
O. both.
u. Produce, sales Of on exchange:
Ipon each sale, agreement of sale or
agreement 10 sell mot including so
called transferred or scratch sales). any
? ducts or merchandise at or under
rules or usages OF. any exchange or
hoard ~ trade or other similar place, for
'u'lre delivery. for each 500 In value
NJ merchandise covered by sale or agree
mont OF sale or AGREEMENT TO sell, .
rents, and for additional 500 or frac-
uonal part thereof in excess Of 800. 2
cents: on every sale or agreement Of sale
or agreement to sell az aforesaid shall
DO made and delivered by seller to buyer
NIL, memorandum. agreement, or other
evidence OF sale. agreement of sale. or
agreement to sell. to which shall be af-
hxed lawful stamp or stamps In value
equal 20 the amount OF the tax on such
sale.
6. Drafts or checks upon their ac-
ceptance or delivery within the United
states whichever Ia prior. promissory
'otes, except bank notes Issued fo- e.--
.Ilsuon, and for each renewal Of the