of coin not to ex

coin.

ing three days, shall be renewed or in any way extended for any time whatever, said loan, pledge, or deposit shall be subject to Loans or pledge the duty imposed on loans exceeding three days. And no loan of ceed par value of Currency or money on the security of gold or silver coin of the United States, as aforesaid, or of any certificate or other evidence of deposit payable in gold or silver coin, shall be made exceeding in amount the par value of the coin pledged or deposited as security; and any such loan so made, or attempted to be made, shall be utterly void: Provided, That if gold or silver coin be loaned at its par value it shall be subject only to the duty imposed on other loans: Provided, however, That nothing herein contained shall apply to any transaction by or with the government of the United States.

Certain contracts, loans, and sales of

void.

SEC. 5. And be it further enacted, That all contracts, loans, or coin and bullion sales of gold and silver coin and bullion, not made in accordance with this act, shall be wholly and absolutely void; and in addiThe money paid tion to the penalties provided in the act to which this is an amendmay be recovered ment, any party to said contract may, at any time within one year from the date of the contract, bring suit before any court of competent jurisdiction to recover back, for his own use and benefit, the money paid on any contract not made in accordance with this

back.

Section 110.

Schedule B amended.

act.

SEC. 6. And be it further enacted, That section one hundred and ten be, and hereby is, amended as follows: "Any memorandum, check, receipt, or other written or printed evidence of an amount of money to be paid on demand, or at a time designated, Promissory notes. shall be considered as a promissory note within the meaning of that section, and shall be stamped accordingly; and that schedule B, following said section, be, and is hereby, amended, so that any inland bill of exchange, draft, or order for the payment of any of exchange,drafts, sum of money exceeding twenty dollars, otherwise than at sight or on demand, and any promissory note shall (in lieu of the duties prescribed in schedule B) have a stamp or stamps affixed thereon denoting a duty, upon every sum of two hundred dollars or any fractional part thereof, if payable on demand, or at any time not exceeding thirty-three days including the grace from the date or sight, of one cent, (01.)

Duties upon bills

&c.

On certificates other than those

specified.

If payable at any time not less than thirty-three days, as aforesaid, and not exceeding sixty-three days, including the grace, from date or sight, of two cents, (02.)

If payable at any time not less than sixty-three days, as aforesaid, and not exceeding ninety-three days, including the grace, from date or sight, of three cents, (03.)

If payable at any time not less than ninety-three days, as aforesaid, and not exceeding four months from date or sight and grace, of four cents, (04.)

If payable at any time not less than four months, as aforesaid, and not exceeding six months from date or sight, or grace, of six cents, (06.)

If payable at any time exceeding six months from date or sight and grace, of ten cents, (10.)

And that schedule B, following section one hundred and ten be, and is hereby, further amended, so that the stamp duty on certificates of any other description than those specified in said

schedule, in lieu of ten cents as therein prescribed, shall be five cents, (05.)

On passage tickets by any vessel from a port of the United States to a foreign port, costing thirty dollars or less, fifty cents, (50.)

Passage tickets.

Power of attor

On any power of attorney for the sale or transfer of any scrip or certificate of profits or memorandum showing an interest in the ney. profits or accumulations of any corporation or association, if for a sum not exceeding fifty dollars, ten cents, (10.)

Policies of insur

On any policy of insurance or other instrument, by whatever name the same shall be called, by which insurance shall be made ance. or renewed upon property of any description, whether against perils by sea, or by fire, or other peril of any kind, made by any insurance company or its agents, or by any other company or person, in which the premium or assessment shall not exceed ten dollars, ten cents, (10.)

On any bill of sale by which any ship or vessel, or any part thereof, shall be conveyed to or vested in any other person or persons, when the consideration shall not exceed five hundred dollars, there shall be affixed a stamp or stamps denoting a duty of twenty-five cents, (25.)

If the consideration exceeds five hundred and does not exceed one thousand dollars, the duty shall be fifty cents, (50.)

If the consideration exceeds one thousand dollars, for each and every additional amount of one thousand dollars, or any fractional part thereof, in excess of one thousand dollars, the duty in addition shall be fifty cents, (50.)

Bill of sale of vessel.

Assignment of lease,

policy of insur

ance.

try for use here, to

On each and every assignment or transfer of a mortgage, lease, or policy of insurance, a stamp duty shall be paid equal to that mage? imposed on the original instrument. Any power of attorney, conveyance, or document of any kind Documents made made, or purporting to be made, in any foreign country to be used in a foreign counin the United States, shall pay the same duty as is required by pay same duty as law on similar instruments or documents when made or issued in though made here. the United States; and the party to whom the same is issued or by whom it is to be used, shall, before using the same, affix thereon the stamp or stamps indicating the duty required.

Who to affix stamp.

Personal mort

for money.

Any mortgage or personal bond for the payment of money, or as security for the payment of any definite or certain sum of gages as security money, in lieu of the duties imposed as prescribed in Schedule B, following the one hundred and tenth section, shall have a stamp or stamps affixed thereon denoting a duty upon every sum of two hundred dollars, or any fractional part thereof, of ten cents, (10.) No conveyance, deed, mortgage, or writing, whereby any lands, tenements, realty, or other property shall be sold, granted, assigned, or otherwise conveyed, or shall be made as security for the $1,000. ment of any sum of money, shall be required to pay a stamp duty of more than the sum of one thousand dollars, anything to the contrary notwithstanding.

pay

Any conveyance, stamp duty of over

&c., not to pay a

required on papers

ties, &c.

No stamp duty shall be required on powers of attorney or any Stamp duty not other paper relating to applications for bounties, arrearages of pay, relating to bounor pensions, or to the receipt thereof from time to time; or indemnity awarded for depredations and injuries by certain bands of Sioux Indians; nor on any warrant of attorney accompanying a bond or note, when such bond or note shall have affixed thereto

bond and mort

gage.

rate.

Certificates of

the stamp or stamps denoting the duty required; and whenever One stamp on any bond or note shall be secured by a mortgage, but one stamp duty shall be required to be placed on such papers: Provided, To be of highest That the stamp duty placed thereon is the highest rate required for said instruments, or either of them; nor on certificates of the measurement, &c. measurement or weight of animals, wood, coal, or other articles; nor on deposit notes to mutual insurance companies for insurance upon which policies subject to stamp duties have been, or are to Certificates of re- be, issued; nor on any certificate of the record of a deed or other cord, &c., of deeds. instrument in writing, or of the acknowledgment or proof thereof by attesting witnesses.

Deposit notes.

Transportation

by express exempt

The duty or stamp required for transportation by express comfrom stamp duty. panies and others is hereby repealed, and such transportation shall be exempt from stamp duty.

Charter-parties.

stamps.

That the stamp duty on a contract or agreement for the charter of any ship, or vessel, or steamer, as now provided for in Schedule B, or any letter, memorandum, or other writing between the captain, master, or owner, or person acting as agent of any ship, or vessel, or steamer, and any other person or persons, for or relating to the charter of such ship, or vessel, or steamer, if the registered tonnage of such ship, or vessel, or steamer, does not exceed one hundred and fifty tons, shall be one dollar, ($1.)

Exceeding one hundred and fifty tons and not exceeding three hundred tons, three dollars, ($3.)

Exceeding three hundred tons and not exceeding six hundred tons, five dollars, ($5.)

Exceeding six hundred tons, ten dollars, ($10.)

Cancellation of SEC. 7. And be it further enacted, That the Commissioner of Internal Revenue be, and he is hereby, authorized to prescribe such method for the cancellation of stamps as a substitute for or in addition to the method now prescribed by law, as he may deem expedient and effectual. And he is further authorized in his discretion to make the application of such method imperative upon the manufacturers of proprietary articles, and upon stamps of a nominal value exceeding twenty-five cents each.

Duty on interest

on bonds of canal, and upon their di

&c., companies,

vidends.

SEC. 8. And be it further enacted, That on and after the passage of this act, any person or persons owning or possessing, or having the care or management of any canal company or canal navigation or slackwater corporation or turnpike companies, being indebted for any sum or sums of money for which bonds or other evidences of indebtedness have been issued, payable in one or more years after date, upon which interest is or shall be stipulated to be paid, or coupons representing the interest shall be or shall have been issued to be paid; and all dividends in scrip or money, or sums of money thereafter declared due or payable to stockholders of any canal navigation or slackwater or turnpike company, as part of the earnings, profits, or gains of said companies, shall be subject to and pay a duty of three per centum on the amount of all such interest, or coupons, or dividends, whenever the same shall be paid. And said canal companies or canal navigation or slackwater corporations or turnpike companies, or any person or persons owning, possessing, or having the care or management of any canal company or canal navigation or slackwater corporation or turnpike company, are hereby authorized and required to deduct and withhold from all payments made to any person, persons, or

Returns to be

made.

party, after the first day of July, as aforesaid, on account of any interest, or coupons, or dividends due and payable, as aforesaid, the said duty or sum of three per centum; and the duties deducted as aforesaid, and certified by the president or other proper officer of said company or corporation, shall be a receipt and discharge, according to the amount thereof, of said canal companies or canal navigation or slackwater corporations or turnpike companies, and the owners, possessors, and agents thereof, on dividends and on bonds or other evidences of their indebtedness upon which interest or coupons are payable, holden by any person or party whatsoever. And a list or return shall be made and rendered within thirty days after the time fixed when said interest or coupons or dividends become due or payable, and as often as every six months, to the Commissioner of Internal Revenue, which shall contain a true and faithful account of the duties received and chargeable, as aforesaid, during the time when such duties have accrued or should accrue, and remaining unaccounted for. And there shall be annexed to every such list or return a declaration, under oath or affirmation, in manner and form as may be prescribed by the Commissioner of Internal Revenue, of the president, treasurer, or some proper officer of said canal company or canal or navigation and slackwater corporation or turnpike companies, that the same contains a true and faithful account of the duties so withheld and received during the time when such duties have accrued or should accrue, and not accounted for; and for any default in the making or rendering of such list or return, with the Penalty for dedeclaration annexed, as aforesaid, the person or persons owning, possessing, or having the care or management of such canal company or canal navigation or slackwater corporation or turnpike companies, making such default, shall forfeit, as a penalty, the sum of five hundred dollars. And in case of any default in making or rendering said list, or of any default in the payment of the duty, or any part thereof, accruing or which should accrue, the assessment and collection shall be made according to the general provisions of the act to which this act is an amendment.

SEC. 9. And be it further enacted, That any person or persons, firms, companies, or corporations, owning or possessing, or having the care or management of any ferry-boat, or vessel used as a ferry-boat, propelled by steam or horse power, in lieu of the duties now imposed by law, shall be subject to pay a duty of one and one-half of one per centum upon the gross receipts of such ferryboat; and the return and payment thereof shall be made in the manner prescribed in the act to which this act is an amendment.

SEC. 10. And be it further enacted, That on and after the first day of April, eighteen hundred and sixty-three, any person or persons, firms, companies, or corporations, carrying on or doing an express business, shall, in lieu of the tax and stamp duties imposed by existing laws, be subject to and pay a duty of two per centum on the gross amount of all the receipts of such express business, and shall be subject to the same provisions, rules, and penalties as are prescribed in section eighty of the act to which this is an amendment, for the persons, firms, companies, or corporations owning or possessing or having the management of railroads, steamboats, and ferry-boats And all acts or part[s] of acts inconsistent herewith are hereby repealed.

Returns to be verified by oath.

fault.

Ferry-boats.

Express compa

nies.

Income.

SEC. 11. And be it further enacted, That in estimating the annual gains, profit, or income of any person, under the act to which this act is an amendment, the amount actually paid by such perRent of house son for the rent of the dwelling-house or estate on which he resides shall be first deducted from the gains, profit, or income of such person.

to be deducted.

No duty on beer,

&c., coal oil, &c.,

upon proof, &c.

of a barrel.

SEC. 12. And be it further enacted, That no duty shall be remanufactur'd prior quired to be assessed or collected on beer, lager beer, ale, or porter, to Sept. 1, 1862, brewed or manufactured, or on coal illuminating oil, refined, produced by the distillation of coal, asphaltum, shale, peat, petroleum, or rock oil, distilled spirits, cotton or woollen fabrics, when brewed, manufactured, or distilled prior to the first day of September, eighteen hundred and sixty-two, whether the same was removed for consumption or sale, or not, when the owner, agent, or superintendent of the brewery or premises in which such articles as aforesaid were made, manufactured, produced, or distilled, shall furnish to the assessor of the district, without costs or expense to the United States, satisfactory proof that such beer, lager beer, ale, or porter, or such coal illuminating oil, refined, produced by the distillation of coal, asphaltum, shale, peat, petroleum, or rock oil, distilled spirits, cotton or woollen fabrics, was actually brewed, manufactured, produced, or distilled prior to the first day of SepFractional parts tember, eighteen hundred and sixty-two, as aforesaid: Provided, That, in addition to the fractional parts of a barrel allowed in section fifty of the act to which this act is an amendment, fractional parts of a barrel may be thirds and sixths when the quantity therein contained is not greater than such fractional part repreDuty on beer, sents: Provided, further, That from and after the passage of this act, and until the first day of April, eighteen hundred and sixtyfour, there shall be paid on all beer, lager beer, ale, porter, and other similar fermented liquors, by whatever name such liquors may be called, a duty only of sixty cents for each and every barrel containing not more than thirty-one gallons, and at a like rate for for any other quantity or for fractional parts of a barrel: And provided, further, That the Commissioner of Internal Revenue is authorized to make rules providing for deductions on account of leakage, from the quantity of spirituous liquors subject to taxation, under the act to which this act is an amendment, not exceeding five per centum of the amount removed for sale; and said deductions shall be so adjusted in the different parts of the United States as to be proportioned, as nearly as practicable, to the distances over which the manufacturer usually transports said liquors for the wholesale thereof. And the owner of the aforesaid liquors shall be charged with and pay the expenses of ascertaining the leakage.

ale, &c., until April 1, 1864.

Deductions

leakage.

Brewers to make returns.

Not to render certain accounts.

SEC. 13. And be it further enacted, That any brewer of ale, beer, lager beer, porter, or other malt liquors, shall be required to render accounts and make returns on the first day of each and every month, and no oftener; and no brewer of ale, beer, lager beer, porter, or other malt liquors, shall hereafter be required to keep a record or an account, or to report or return the quantities of grain or other vegetable productions, or other substances put into the mash-tub by him or his agent or superintendent for the purpose of producing malt liquors, any law to the contrary notwithstanding.

SEC. 14. And be it further enacted, That every incorporated