The St. Mary banner., 1922-11-11

LlOn SnalI De dCe ana plyaD,c by ea r
branch of a bank, banking company
trust company, association, corpora
tlOn or ency operated separate and
apart from the parent or principal
bank, banking company, trust coap-
any, association, corporation or agen-
cy, where such branch establishment
has allotted to, set apart or designa-
ted to it, declared or nominal caDi-
tai surplus or undivided profits; and
such branch bank, banking company
trust company, ASSOCIATION, corpora
ton or agency having no such declar-
cd or nominal capital, surplus or un-
divided profits allotted to, set apart
or designated to it, shall pay the
minimum license fixed in this sec
ton.
Sec. 5. Be it further ordained,
etc, That for each business Of car
rying on a private banking house,
business or agency, the license shall
be based on the total declared capital
invested in said business, whether
said capital is owned by or in use or
on deposit in this State or elsewherr,
and shall be fixed and graded as fol
lows, to-wit;
First class. When the said capital
is five hundred thousand dollars 1r
more, the license shall be six hundred
dollars $4,000.
Second Glass. When said capital is
two hundred and fifty thousand dol
lars or more, and under five hundred
thousand dollars, the license shall be
three hundred dollars $4,000.
Third Glass. When said capital is
one hundred and fifty thousand dol
lars or more, and under two hundred
and fifty thousand dollars, the license
shall be two hundred dollars (S200j.
Fourth Glass. When said capital is
under one hundred and fifty thousand
dollars, the license shall be one hun
dred dollars ($100).
Sec. 6. Be it further ordained,
ETC., That for carrying on the bust
ness pursuits known as cotton fac
forage and commission business,
su ar factories, grain and produce
commission houses; manufacturers
agents, merchandise broker, or any
other factorage or commission bust
ness, or brokerage in money, bonds,
real estate, produce sugar, or other
brokerage business except as herein
after provided, whether buying or
selling for actual spot or future deli
very where the intention of the par
ties is to make an honest and bona
fde delivery, the license shall be bas-
ed on the gross annual commissions
and the brokerage on sales and pur-
chases, and shall be fixed and graded,
as follows, to-wit:
First Class. When the gross apr
commissions exceed two ;dai
and fifty thousand doll huhdfed
shall be two th~ usand S's, One e"f bnndrsd 1drsg
dollars $1,000 "''o o''e "oiiofe'
sacond Class, When the gross an
nua, Commissions exceed two hun
urea thousand dollars, and not more
thah two hundred and fifty thousand
dollars, the license shall be one thou
sand eight hundred dollars (s1,8O0)
Ihird Glass. When the gross annual
commissions exceed one hundred and
seVenty-tive thousand dollars, and not
more than two hundred thousand dol
lars. the license shall be one thou
sand five hundred dollars $1,000.
Fourth Glass. When the gross an
nu9l commissions exceed one hun
dred and fifty thousand dollars, and
not more than one hundred and sew
enty-five thousand dollars, the licen-
Sc shall be one thousand three hun
dred and fifty dollars (S1,35O).
Fifth Class. When the gross annual
commissions exceed one hundred and
twenty-five thousand dollars, and not
more than one hundred and fifty
thousand dollars, the license shall he
one thousand and two hundred dol
lars ($1,20O).
Sixth Class. When the gross an
nuai commissions exceed one hundred
thousand dollars, and not more than
one hundred and twenty-five thousand
dollars, the license shall be nine hun
dred dollars $4,000.
Seventh Glass. When the gross an
nual commissions exceed eighty thou
sand dollars, and not more than one
hundred thousand dollars, the license
shall be seven hundred and twenty
dollars ($720).
Eighth Class. When the gross an
nual commissions exceed seventy five
thousand dollars, and not more than
eighty thousand dollars, the license
shall be six hundred dollars ($600)c
Ninth Class. When the gross an
nual commissions shall exceed fifty
thousand dollars, and not more than
sixty-fve thousand dollars, the IL
cerse shall be four hundred and fifty
dollars (S450).
Tenth Glass. When the gross an
nual commissions exceed forty thou
sand dollars, the license shall be three
hundred and sixty dollars (S360).
Eleventh Glass. When the gross
annual commissions exceed thirty
thousand dollars, and not more than
forty thousand dollars, the license
shall be two hundred and seventy