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Uiu.s uk Ladis'<: and I!f.ckii’Ts in DIM.' TIIKUKOF. yT is hereby m»tdied. that, alter tin' Is! | of dimnary next. I'm' use ot !inpr< s - -ed Slumps on i>ill s o! Lading is enmpulsory. Such < lot-ni n<'i l l s. must, nfler that data, be written upon paper previously impressed at tlie Head oliiee, and can not be stamped alter the execution thereof. It is requested, thcrclore, that Merchants, Sliip'iing Agents, and otiieis concerned, will, without delay, forward to this office sn li forms as they may re<[uire to he impressed, accompanied by tlie usual reipii-itiou and receipt ol the Lank of New Zealand for the amount, ess the authorized discount. information may be obtained at any Staui]> < M'liee. The provisions of the Act bearing on this point are as follow: “ 47. Except where express provision is made to *he contrary, all duties are to be denoted by impressed stamps only. ’ “ 02. (1.) A Hill of Lading includes also any receipt given in lieu thereof from the master, mate, owner, or agent of any vessel, and is not to lie stamped alter the execution'thereof. (2.) Lv<tv person who makes or executes any Bill of Lading not dnh stamped shall forfeit a summit exceeding £50.” SCHEDULE. Him. of Lading for any goods, merchandise, or effects to be carried to any place beyond the boundaries of the colony : .For every such Bill of Lading or copy thereof, Is. ‘ (..’HAULES C. BOWEN. Head Office, Stamp Department, Wellington, 29th October, 1875. “ STAMP ACT 1875.” TIIANSFEItS OK SiIAUKS. IT is hereby notified, that aftet' tlie Ist of ,January next, the use of Impressed »Btamps upon Transfers of Shares is compulsory, but transfers of shares may be stamped at a Stamp Office by the. Commissioner or a Deputy Commissioner within one month after execution without a fine. Managers ami 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 ot 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 lands of any corporation, company or society whatever in New Zealand shall ho registered, recorded, or entered in the hooks of such eorporatoin. company, or society unless such transfer is duly stamped. “ 108. No instrument of sale or transfer of any share or shares shall he valid, cither at law or in equity, unless 111 c name of the purchaser or transleroe is inserted therein at the time ot or before the execution of the instrument of sale or transfer ; and, if aay 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 be divested of his interest therein, but shall remain liable thereon as if he had never sold or disposed of the same. And if snch person is a licensed sharebroker, his license shall, on any eoVivietion 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 Tuanskfu 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 ; CHARLES C. BOWEN, ]]« acl Office Stamp Department, *Dh October, 1875,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PATM18751225.2.14.2

Bibliographic details

Patea Mail, Volume I, Issue 74, 25 December 1875, Page 4

Word Count
734

Page 4 Advertisements Column 2 Patea Mail, Volume I, Issue 74, 25 December 1875, Page 4

Page 4 Advertisements Column 2 Patea Mail, Volume I, Issue 74, 25 December 1875, Page 4

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