Schedule II.

Grey River Argus, Volume X, Issue 870, 11 May 1871, Page 4

Schedule 11.

Probate of a will and letters of administration with a will annexed, where the effects (as sworn to by the executor or administrator) are : — Under the value of LIOO— L2. Above the vaJno of LI 00, and under L2OO— L2. Above the value of L2OO, and under L3OO— L3. Above the value of L3OO, and under L4OO— L4. Above the value of L4OO, and under LoOO—Lo. And above LSO0 — 1 per cent. Letters of administration without a will annexed, where the effects are sworn to by the administrator : — Under the value of LI OO— LI 10s. Above the value of LI 00, and under L2OO— L3. Above the value of L2OO, and under L3OO— L4 10s. Above the value of L3OO, and under L4OO— L6. Above the value of L4OO, and under LSOO— L7 10s. And above LSO0 — 1\ per cent.

Schedule 111. For every legacy, or residue, or share of residue, of the amount or value of L2O or upwards ; — If fco a child or any descendant o£ a child of the deceased, or to the father or mother of any lineal ancestor — LI per cent. To a brother or sister, or any descendant of a mother or sister- L 3 per cent. To an uncle or aunt, or their descendants — Lo per cent. To a grand-uncle or grand aunt, or their descendants — L 6 per cent. To a person in any other degree of collateral sangr.inity — L 7 per cent. To a stranger in blood LlO per cent. All legacies, residues, or a share of residues, given to tho husband or wife of the deceased are exempt from duty. Schedule IV. The duties charged on successions are the same as those in the previous schedule on the legacies. ADDITIONAL OR ALTERED DUTIES. Promissory Note made or purporting to be made out of the colony, but endorsed, negociated, or paid within the colony, the same duty as "on an inland bill, payable to beai'er or to order at any time otherwise than on demand. Bill of Exchange payable on demand, which shall be eudorsed out of the colony, or purport to be so endorsed wheresoever the same may have been drawn, but paid within the colony — Id. for money deposited at interest in any bank, or in the hands of any banker — Id. Agreement by deed- 10s Conveyances. — Where the consideration or any part of the consideration shall be any conveyance or transfer of other land or property by way or in the nature of an exchange shall be charged with the ad valorem duty iv respect of the amount which shall be by the person executing the conveyance declared to be the value of the land conveyed. Where the consideration or auy part of the consideration shall be an annual sum of money payable in perpetuity, shall be charged with the ad valorem duty in respect, of the amount which shall, according to the table in schedule 111. hereto annexed, appear to be the value assigned to such annual sum of money. Assignment of transfer of miners' property, or letters, or instruments, authorising the transfer or assignment of miners' property where the letter or instrument is the only act required on the the part of the vendor or assignor. Where the purchase or consideration money therein expressed or the value of the property transferred or to be transferred shall not exceed L 20 — Is Exceeding L2O, and not exceeding Lso— 2s 6d Exceeding LSO, and not exceeding Lloo— ss For every additional LSO, or fractional part of L 50 — 2s Gd Exemplification of probate — 2s Gd Counterpart of lease or agreement by deed— 2s 6d Some misapprehension appearing to exist as to the use of impressed and adhesive stamps, and as to the instruments to which adhesive stamps may be affixed, the public is informed that all instruments liable to stamp duty should be written on parchment or paper previously stamped by the Commissioners with an impressed stamp. The instruments under-mentioned, and no others, may however be stamped with adhesive stamps by the persons making or signing such instruments ; provided the stamps are affixed at the time of making «.* signing the instrument. Agreements under hand only Agreements comprised in letters Bills of Lading Cheques on banks or bankers Policies of insurance Receipts for money pair 1 . None of the instruments above specified can, after they are made or signed, be stamped by the [erions making or signing them. 4-H instruments requiring to be stamped after execution must be stamped by the Commissioners ; but the Commissioners are prohibited from so stamping any bill of exchange, promissory note, or other note, draft, or order for the payment of money. Bills of exchange drawn out of but payable within the colony, must be stamped by the holder with an adhesive stamp ov stamps ; but such stamps must be affixed befoi'e presentation of such bill for acceptance, and before endorsement, transfer, negotiation, or payment, Impressed stamps are obtainable at all Stamp offices, and of all Postmasters acting as official distributors of stamps. The following alteration has been made in fche law relating to -toe transfer of mining shares : — The duty upon the transfer of any share or shares in the stock or funds of any corporation, company, or society whatsoever, in New Zealand, may in the case of shares in auy gold milling company carrying on business within the limits of auy proclaimed gold field, or of the transfer of any property held by virtue of a miners' right be denoted by an adhesive stamp affixed thereto, aud the Miuisfcer shall provide stamps for that purpose. Whenever any adhesive stamp shall be nsed for denoting the payment of 1 stamp duty charged on such instrument as in the preceding sectiou mentioned the transferor shall at the time of executing the instrument of transfer so sign his name thereto as that part of his sig-

nature shall be on the left side of the stamp, part on the stamp itself, and part on the right haud side of the stamp,and the signature shall be written continuously and shall be so written as if the stamp were part of the paper, and in default thereof the stamp shall be of no avail, and such adhesive stamp shall be affixed by the transferor, and such transferor failing to affix and cancel as aforesaid any such stamp at the time of executing such transfer shall be liable to a penalty of fifty pounds.