Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image

“ STAMP ACT, 1875.’ Biu.s of Lading and Receipts in UKU THEREOF. IT is lioroby noti(it'd, that, after the Ist of January next, the use of Impnssed 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 Agents, and others concerned, will, without delay, forward to this office such forms as they may require to he impressed, accompanied hy the usual requisition and receipt of the Bank of New Zealand for the amount, ess the authorized discount. Information may he obtained at any Stamp Cilice. The provisions of tho Act hearing on this point are as follow: 11 47. Except where express provision is made to the contrary, all duties arc to he denoted hy impressed stamps only.” “ (12. (1.) A Bill of Lading includes also any receipt given in lieu thereof from the master, mate, owner, or agent of any vessel, and is not to he stamped after the execution thereof. (2.) Every person who makes or executes any Bill of Lading not duly stamped shall forfeit a sum not exceeding £50.” SCHEDULE. Bum of Lading for any goods, merchandise, or effects to he carried to any place beyond the boundaries of tho colony : For every such Bill of Lading or copv thereof, Is. “ CHARLES C. BOWEN. Head Ofliee, Stamp Department, Wellington, 2 ( .Uh October, 1875. “ STAMP ACT 1875.’ Transfers of Shakes. IT is hore.hv notified, that after tho Ist of January next, the use of Impressed Stamps upon Transfers of Shares is compulsory, but transfers of shares may be stamped at a Stamp Ofliee hy the Commissioner or a Deputy Commissioner within one month after execution without a line. Managers and Secretaries of Companies, Sharebrokers, and others interested, arc recommended to forward, without delay, such forms of transfer as they may require to be impressed, accompanied hy the usual requisition and receipt from the Bank of New Zealand for amount thereof, less the authorized discount.

Information may bo obtained at any Stamp Office. The provisions of the Act relating 1 hereto are as follows ; “47. (1.) Except where express provision is made to the contrary, all duties arc to bo denoted by impressed stamps only.” “102. No transfer of any 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 corporatoin. company, or society unless such transfer is duly stamped. “ 103. No instrument of sale or transfer of any share or shares shall bo valid, either at law or in equity, unless the name of the purchaser or transferee 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, in any manner nr 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 more than£loo ; 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 or any other particulars afterwards; and the person selling or transferring such share shall not be divested of his interest therein, but shall remain liable 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 be qualified to act as a broker, or to have a fresh license issued to him, “ 104. No sharebroker, auctioneer, commission agent, or any other person shall be 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 sale or transfer is filled up with all necessary particulars to make it a complete instrument and is duly stamped.” SCHEDULE Transfkk except by way of mortgage — (2) Upon the sale of any share or shares in the stock and lunds of any corporation, company, or society whatever in New Zealand: Where the purchase or consideration money,— £- s. d. Docs not exceed £2O 0 1 0 Exceeds £2O and does not exceed £SO ... 0 2 6 For every additional £SO, or part of £SO 0 2 0 CHARLES C. BOWEN. Head Office, Stamp Department, Wellington, 27th October, 1875.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PATM18751117.2.14.3

Bibliographic details

Patea Mail, Volume I, Issue 63, 17 November 1875, Page 4

Word Count
770

Page 4 Advertisements Column 3 Patea Mail, Volume I, Issue 63, 17 November 1875, Page 4

Page 4 Advertisements Column 3 Patea Mail, Volume I, Issue 63, 17 November 1875, Page 4

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert