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"STAMP ACT, 1875." Bills of Lading and Receipts in LIEU THEREOF, IT is hereby notified, that, after tho Ist of January, next, tho u i o of Ini presod Stamps on Bills of Lading is compulsory. Such documents must, after that date, he written upon paper previously impressed at the Head Office, and cannot he stamped after the execution thereof. It is requested, therefore, that Merchants, Shipping A gents, and ‘Others concerned, will, without delay, forward to this office such forms as they may require to be impressed, accompanied by the usual requisition and receipt of the Bank of Ntw Zealand for the amount, less the authorized discount. Information may bo obtained at any Stamp Office. The provisions of the Act bearing on this point are as follow : . "47. Except where express provision is made to the centraly, all duties are to be denoted by impressed stamps only.” " 62. (I.) A Bill of Lading includes also any receipt given in lieu 'hereof from the master, mate, owner, or agent of any vessel, and is not to be stamped after the execution thereof. (2.) Eveiy person who makes or executes any Bill of l ading not duly stamped shall forfeit a sum not exceeding £50."

SCHEDULE. Bill of Lading for any goods, merchandise, or effects to bo carried to any place beyond the boundaries of the colony : For every such Bill of Lading or copy thereof, Is. Chiles 0. Bowen. Head Office, Stamp Department, Wellington, 29th October, 1875. “STAMP ACT, 1875.” Transfers of Shares. IT is hereby notified, that, after the Ist of January next, the use of. Impressed Stamps upon Transfers cf ■Shares is compulsory, but transfers of shares may be stamped at a Stamp Office by the Commissioner or a Deputy Commissioner within one month ■aftei execution without a fine. Managers and Secretaries of Companies, Sharebrokers, and others interested, are recommended to forward without delay, such forms of transfer as they may require to be impressed, accompanied by the usual requisition and receipt "from the Bank of New Zealand for amount thereof, less the authorized discount.Information may be obtained at any Stamp Office. The provisions of the Act relating hereto are as follow : “47. (1) Except where express provision is made to the contrary, all duties are to he denoted by impressed, stamps only.” “102. No transfer of ar y share or ■shares of or in the stock or funds of any corporation, company or society whatever in New Zealand shall be registered, recorded, or entered in the books of such corporation, company, or society unless such transfer is duly stamped.” “ 103. No instrument of sale or transfer of any share or shares shall be valid, either at law or in equity, unless the name of the purchaser or transferree is inserted therein at the time of or before the execution of the instrument of sale or transfer ; and, if any person executes a sale-note, transfer, contract note, or other instrument of sale or transfer, in any manner or for any purpose whatsoever, unless the name of the purchaser is inserted therein at the time or before the execution thereof, he shall forfeit a sum of not less than £2O or move than £100; and, if any such instrument is so made or signed, it shall be wholly and absolutely void and inoperative, and shall in no case be made available by the insertion of a name Gi any other paiticnlars afterwards; and the person yelling or transferring such share shall not be divested of his interest therein, but shall remain liablo thereon as if he had never sold or disposed of the same. And if such person is a licensed sharebroker, his license shall, on any conviction under this section, be absolutely forfeited, and he shall not thereafter bo quali(led to act as a broker, or to have a fresh license issued to him.” “ 104. No sharebroker, auctioneer, commission aseut, or any other person shall he entitled to any brokerage, commission, or any other fee or reward in respect of the sale or transfer of any such share, unless the instrument of sa'e or transfer is filled up with all necessary particulars to make it a complete instrument and is duly stamped-” SCHEDULE. Transfer except by way of mortg|lf?e,— (2) Upon the sale of any share or shares in the stock and funds of any corporation, company, or society wh fever in New Zealand ; Where the purchase or consideration money,—■ £ s. d. Poes not exceed £2O 0 1 0. Exceeds £2O, and not £SO 0 2 6. For every aditional £SO, or part of £SO 0 2 6. Charles C Bowen, 1 lead Office, Sunup Departiuo.it, Wellington, 27th October, 1875,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DUNST18751119.2.15.5

Bibliographic details

Dunstan Times, Issue 709, 19 November 1875, Page 3

Word Count
782

Page 3 Advertisements Column 5 Dunstan Times, Issue 709, 19 November 1875, Page 3

Page 3 Advertisements Column 5 Dunstan Times, Issue 709, 19 November 1875, Page 3

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