The St. Mary banner., 1921-11-26

sand dollars, the license shall be sew
enty-five dollars (S75.)
Eleventh Class. When the said re-
ceipts are fifty thousand dollars OF
more, and less than seventy-five thou
sand dollars, the license shall be fifty
| dollars (S50.)
Twelfth Class. When the said re-
cepts are forty Thousand dollars Or
more, and less than fifty thousand
dollars, the license shall be forty dol
lars (S40.)
Thirteenth Glass. When the said re-
ceipts are thirty thousand dollars or
more. and less than forty thousand
dollars, the license shall be thirty
dollars $780,
Fourteenth Class. When the said
receipts are less than thirty thousand
dollars, the license shall be twenty
five dollars (s25)
Provided, that the licenses fixed
and graduated by this section shall
not apply to the business Of grinding
neal, ginning cotton or making su-
gar by any farmer or planter. Each
business of manufacturing cotton
seed oil shall pay license as fixed
dIlu < III lIllo SSCJlOI.
Sec. 4. Be it further ordained.
ETC., That for each business of car
rying on bank, banking company,
rust company, association, corpora
zion or agency, the license shall be
cased on the declared or nominal cap
ital, surplus and undivided profits,
and shall be fixed and graded, as fol-
lows. to-Wlt:
First Glass. When the declared or
1ominal capital, surplus and undivid-
ed profits amount to one hundred
thousand dollars or more, the license
shall be two hundred dollars ($2OO.)
Second Class. When the declared
or nominal capital, surplus and undi-
yided profits amount to fifty thou
sand dollars or more, and less than
one hundred thousand dollars, the IL
cense shall be one hundred dollars
,$1O0.)
Third Glass. When the declared or
nominal capital, surplus and undi-
rided profits amount to twenty-five
thousand dollars or more, and less
han fifty thousand dollars, the IL
'ense shall be seventy-five dollars
|$75.)
Fourth Class When the declared or
loninal capital, surplus and undi-
ided profits amount to less than |
twenty-five thousand dollars, the IL |
ense shall be fifty dollars (s50.)
The license imposed by this sec
ion shall be due and payable by each
ranch of a bank, banking company:
rust company, association, corpora
lion or agency operated separate and
part from the parent or principal
ank, banking company, trust comp
my, association, corporation or agen-
y, where such branch establishment
las allotted to, set apart or designa-
ed to it, declared or nominal capi-
al surplus or undivided profits; and
iuch branch bank, banking company.
rust company, association, corpora
ion or agency having no such declar-
ID or nominal capital, surplus or un-
'lvided profits allotted to. set apart
7. designated to it, shall pay the
minimum license fixed in this sec
ion.
Sec. 5. Be it further ordained,
'tc., That for each business of car
'ying on a private banking house,
business or agency, the license shall
'e based on the total declared capita
invested in said business, whether
aid capital is owned by or in use or
n deposit in this State or elsewhere.
md shall be fixed and graded as fol
ows, to-wit:
First Glass. When the said capital
S five hundred thousand dollars or
iore, the license shall be six hundred
ollars ($6O0.)
Second Glass. When said capital is
wo hundred and fifty thousand dol
ars or more, and under five hundred
housand dollars, the license shall be
hree hundred dollars ($300.) II
Third Class. When said capital is
ne hundred and fifty thousand dol
ars or more, and under two hundred
nd fifty thousand dollars, the license
hall be two hundred dollars ($200.
Fourth Class. When said capital is
nder one hundred and fifty Thousand !
ollars, the license shall be one hun
red dollars (s1OO.)
Sec. 6. Be it further ordained
tc., That for carrying on the bust |
ess pursuits known as cotton fac
,rage and commission business 5
lgar factories, grain and produce
houses; manufacturer
gents, merchandise broker, or any
tfler factorage or commission bust ;
ess, or brokerage in money, bonds
aai estate. produce sugar, or other =
cokerage business except as herein :
fter provided, whether buying or 5
.liing for actual spot or future deli
cry where the intention of the par. !
es is to make an honest and bona
de delivery, the license shall be bas-
on the gross annual commissions =,
Id the brokerage on sales and pur- 4
lases. and shall be fixed and graded, =
! follows, to-wit: ,
FIRST Glass. When the gross annua, J