Rensselaer Semi-Weekly Republican, Volume 22, Number 78, Rensselaer, Jasper County, 18 June 1901 — WAR TAX CHANGES. [ARTICLE]

WAR TAX CHANGES.

Modification of the Revenue Law Be* cornea Effective July 1. On July 1 the changes in the war revenue tax become effective. By having the facts in mind and making advance provisions for the changes, it is possible for business men to effect considerable saving. The following classes of papers and documents which now require stamp* will not carry them after July 1; Bank checks and drafts. Bills of lading for export. Certificates or deposit. Certificates not otherwise specified. Sight drafts. Express receipts. Money orders. Mortgages or conveyances In trust. Power of attorney to vote. Power of attorney to self. Promissory uotes. Protests. Telegraph messages. Warehouse receipts. There Is no change in the law as affecting the following classes of taxes: Foreign bills of exchange 2 cents for each SIOO. Bonds of Indemnity, 50 cents. Conveyances exempt below $3,000; abov* $2,000. 25 cent* for each SSOO. Bankers’ capital and surplus SSO for $25,000* and $2 for each additional SI,OOO. Bonds, debenture, certificates of Indebtedness, etc., 5 cents for each SIOO. Brokers’ contracts, 10 cents. Certificates of stock, original Issue, 6 cent! for each SIOO. Certificates of stock transfers, 2 cents for each SIOO. (Amended to Include bucket shops.) Time drafts, or bills of exchange. Inland, 2 cents for each SIOO. Freight receipts or domestic bills of lading, 1 cent.