Page:United States Statutes at Large Volume 44 Part 2.djvu/141

 SIXTY-NINTH CONGRESS. Suse. I. CH. 27. 1926. lOl omitted through mistake or fraud from any instrument, clocument, 5****** "*”**r paper, writing, parcel, package, or article named herein. Sno. 806. The Commissioner shall furnish to the Postmaster {;§,jiS;fN5*¤¤*=c* by Geneial without prepayment a suitable quantity of adhesive stamps p¤}0¤z;p.is3l. to beedistributed tn and kept on sale by the various postmasters 111 the United States. The Postmaster General ma require each such Accountability. postmrster to give additional or increased bong as postmaster for the value of the stamgs so furnished, and each such postmaster shall deposit the receipts rom the sale of such stamps bo the credit of and render accounts to the Postmaster General at such times and in such form as he may by regulations prescribe. The Postmaster Moqmiy mmm or General shall at least once monthly transfer all collections from this °°"°°"°“s‘ source to the Treasury as internal-revenue collections. Sm. 807. (a) Each collector shall furnish, without prepayment, ]S»=1·2=¤ by designated to any designated depositary of the United States, located in the (°p°mm* district of such collector, a suitable quantity of adhesive stamps to be kept on sale by such designated depositary. (b) Each collector shall furnish, without repayment, to any 8;%;** E5w*’$f);¤i% person who is (1) located in the district of such collector, (2) dul uausrei-Ez. appointed and acting as agent of any State for the sale of smc; transfer stamps of such State, and (3) designated by the Commis- sioner for the purpose, a suitable quantity of such adhesive stamps as are required by subdivisions 2, 3, and 4 of Schedule A of this title, 1"f'°‘ to be kept on sale by such person. (c) In such cases the collector may require a bond, with suiiicient n_§j}{fe§§i‘*’“dS"***>'b° sureties, in zz sum to be tixed by the Commissioner, conditioned for the faithful return, whenever so required, of all quantities 01* amounts uudisposed of, and for the payment monthly of all quantities or amounts sold or not remaining on hand. The Secretary may from k,{*$gr¤¤¥¤¤i¤¤¤ for we- time to time make such regulations as he may find necessary to insure L ng' the safe·keepin;; or prevent the illegal use of all such adhesive stamps. Scumnonm A.———S·rAm1· Turns S°""""'° A· 1. Bonds of indebtedness: On all bonds, debentures, or certificates m§‘j‘*"“ °‘ “"‘°b""i‘ of iwdebtedness issued by any corporation, and all instruments, how- ever termed, issued by any corporation with interest coupons or in registered Form, known generally as corporate securities, on each $100 of face value or fraction thereof, 5 cents: Provided, That every Ilxgfjjggis renewal of the foregoing shall be taxed as a new issue: Pmmded Bméomlx further That; when a bond conditioned for the repayment or pay- ` ment 0% money is given in a enal sum greater than the debt secured, the tax shall be based upon Elie amount secured. 2. Capital stock, issue: On each original issue, whether on organi- ggggffglsiijgfi- zation or reorganization, of certificates of stock, or of profits, or ` ` ` of interest in ropertrgr or accumulations, by any corporation, on r each $100 of Face va ue or fraction thereof, 5 cents: Provided, Qygggt [M vahm That where a certificate is issued without face value, the tax shall i be 5 cents per share, unless the actual value is in excess of $100 per share, in which case the tax shall be 5 cents on each $100 of actual value or fraction thereof, or unless the actual value is less than $100 per share, in which case the tax shall be 1 cent on each $20 of actual value, or fraction thereof. Amchm to Stock The stamps representing the tax imposed by this subdivision shall books. be attached to the stock books and not to the certificates issued. SDM or mmm 0, 3. Capital stock, sales or transfers: On all sales, or agreements ¤mek,a¤. to sell, or memoranda of sales or deliveries of, or tmnsfers of legal title to shares or certificates of stock or of profits or ofiinterest in progerty or accumulations in any corporation, or to rights to sub- scri e for or to receive such shares or certificates, whether made upon O