332 



The Weekly Florists^ Review* 



AUGUST 18, 1898. 



THE STAMP TAX. 



The exemption granted to co-operative build- 

 ing- and loan associations, etc., is confined to 

 the stock and bonds issued by the associations 

 therein mentioned, and, therefore, does not 

 relieve them from other stamp taxes. 



"Certificates of any description required by 

 law not otherwise specified in this act, ten 

 cents." The first requirement necessary to 

 subject any given certificate thus generally 

 described to tax is that it shall be one which 

 is required to be given by law. national, State, 

 or municipal. All such are taxable, except 

 those coming within the exemption of section 

 17, that is to say, those which are given strict- 

 ly in the exercise of the functions— govern- 

 mental, taxing, or municipal— of the State or 

 corporation. 



Certificates given by an officer, not for a 

 public or governmental purpose, but for pri- 

 vate interests and use. are liable to the tax if 

 they are given in obedience to any law which 

 requires them to be given when called for. 



Certificates of acknowledgment of deeds 

 and mortgages are not required to be stamp- 

 ed. The memorandum on the back of a deed 

 or mortgage, made by the register or recorder, 

 that the instrument has been placed upon rec- 

 ord, is not a subject of taxation. It is not a 

 certificate such as is contemplated by the law. 

 It is a brief note on the back of the deed or 

 mortgage citing date of filing and date and 

 place of record. 



Certificates of birth, marriage, and death, 

 given in pursuance of the laws of the State 

 requiring the collection and registration of 

 vital statistics as a basis for the administra- 

 tion of public health laws, come within the ex- 

 emption of section 17. Such certificates, how- 

 ever, when Issued to private persons for private 

 use, are subject to the 10-cent stamp tax. 



The ordinary notary's jurat is not required 

 to be stamped. 



A policy does not require a stamp until it is 

 issued, or is offered as an insurance policy, 

 and an insurance company can stamp a policy 

 through its local agents as well as through 

 its general agent. 



Any agent of the company who is charged 

 with the duty of delivering the policy to the 

 policy holder and receiving the premium, would 

 be authorized to affix and cancel the stamp 

 in behalf of the company. 



A stamp must be attached to premium notes 

 as well as to policies. 



Deeds signed, acknowledged, and fully ex- 

 ecuted in June do not require stamps, though 

 delivered in July, unless, by State law, regis- 

 tration is necessary to pass title. 



As to mortgages, it is the general principle 

 that a mortgage is not valid as such until it 

 is admitted to registration. A mortgage, no 

 matter what the date, should not be admitted 

 to registration when presented on or after July 

 t 1898, unless there is attached and canceled 

 the proper revenue stamp, 

 es where th 



ideration in a deed 

 lue of the property 

 the amount of the 



is nominal, the 

 conveyed should govt 

 stamp required. 



Original lease requires a stamp. No stamp 

 is required on copy executed by the parties at 

 the time of the original lease. 



Contracts and agreements between subscrib- 

 ers and telephone companies for the placing of 

 a telephone, and payment therefor, are not 

 subject to stamp tax. 



(Continued paRe 334) 



OUR BLACK LIST PROTECTS THE TRADE 



Collections Successfully Made Everywhere. 



Reports Furnished. Reasonable Rates. Write for Information. 



National Florists^ Board of Trade^ Incorporated. 



President ALVAN THOMAS. 



Vice-Presicknt CHAS. D. McDOUGALL. 



Secretary and Treasurer CORNELIUS S. LODER. 



271 Broadway. - - - NEW YORK CITY. 



Mention Florists' Review when you write. 



"fo'SflBulbs > Plants. 



C. H. JOOSTEN, Importer, 



193 Greenwich Street, - - - New YoRK. 



Represented at Omaha S. A. F. Convention by |V1r. J. E. KIL«L>EIN. 



Mention Florists' Review when you write. 



Special Inducements to Florists 



ON THE LARGEST STOCK OF 



Ornamental Trees, Shrubs, Vines "^ Roses 



IN THE UNITED STATES. WRITE TO US FOR SPECIAL PRICES. 



W, & T. SMITH CO,, - - Geneva, n. y. 



Mention The Review when yc 



Ornamental Shrubs, VIOLETS. 



HERBACEOUS PERENNIALS. »./■ . ■ • 



Aspecaltvo.Ins.Phlox. Pa-onies. Pvrethrun^S. -■.*Marie LOUISG. 



Poppies, etc. Wholesale List on application, I A tew thousand clean, healthy plants from flats_ 

 . i $3.t0perl00. $25.00 per 1,000. 



JACOB W. MANNING, ' 



TheLeading csTAnLiSHEO iss*. WILLIAM SCOTT, Corfu, N.Y. 



New England Nurseryman. READING, MASS. i Mention The Review when you write. 



