“ STAMP ACT, 1875.’ In,s of Lading and Receipts in lieu thereof. is hereby notified, that, after the Ist of January next, the use of Im'ssed Stamps on Bills of Lading is [npulsory. Such documents, must, |cr that date, be written upon paper jvionsly impressed at the Head office, Id cannot, he stamped after the exelion thereof. (It is requested, therefore, that Mermts, Shipping Agents, and others jicerned, will, without delay, forward this office such forms as they may Ipiire to be impressed, accompanied by usual requisition and receipt of the ink of Now Zealand for the amount, the authorized discount. I Information may be obtained at any [amp Office, ] The provisions of the Act bearing on lis point are as follow: 47. Except where express provision (made to the contrary, all duties are to denoted by impressed stamps only.” 02. (1.) A Bill of Lading includes iso any receipt given in lieu thereof lom the master, mate, owner, or agent f any vessel, and is not to be stumped iter the execution thereof. (2.) Every .•rsou who makes or executes any Bill t Lading not duly stamped shall forfeit 1 sum not exceeding £50.” SCHEDULE. In,n of Tuiding for any goods, nier[umdisc, or effects to he carried to any jlaeo beyond the boundaries of the plony : For every such Bill of Lading r copy thereof, Is. CHARLES C. BOWEN. Head Office, Stamp Department, ’’ellinglon, 2 ( ,)tb October, 1875. “ STAHL ACT J875.” Transfers or Sharks. [T is hereby notified, that after the Ist of January next, the use of Tmfressed Stamps upon Transfers of Shares Is compulsory, but transfers of shares Inay be stamped at a Stamp Office by Ihe Commissioner or a .Deputy Com- ” vTtliiu missinner witlim one month after" execution wrhout 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 ami 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 follows : “47. (1.) Except where express provision is made to the contrary, all duties are to be 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 bo registered, recorded, or entered in the books of snob rorporatoin. company, or society unless such transfer is duly stamped. “ 108. 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 transferee is inserted therein at the time of or before the execution of the instrument of sale or ti ansfev ; and, if any person executes a sale-note 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 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 he 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 nmler this section, bo absolutely forfeited and ho 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 Transfer except by way of mortgage—(2) Upon the sale of any share or shares in the stock and funds 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 6 CHARLES C. BOWEN. Head Office, Stamp Department, Wellington, 27th October, 1875.
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Bibliographic details
Patea Mail, Volume I, Issue 66, 27 November 1875, Page 4
Word Count
765Page 4 Advertisements Column 3 Patea Mail, Volume I, Issue 66, 27 November 1875, Page 4
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