“ STAMP ACT, 1875; Biu.s or Lapixo ,iSD Receipts ix i,i e c tiikkeoe, tT is hereby notified, that, after the iM j of ,lamiary next, the use of lmI>n s.v-il Stamps on Bills of Lading is compulsory. Sueli documents must, after tliat date, he written upon paper previously impressed at the Head office, ami cannot be stamped after the execution thereof. It is requested, therefore, that Merchants, Shipping Agents, and others eonecnied, 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 Hank of New Zealand for the amount , ess the authorized discount. Information may he obtained at any Stanqi Office. The provisions of the Act bearing on this point are as follow; -17. Except. where express provision is made to the contrary, all duties are to he denoted hy impressed stamps only.” “(Pi. (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 be 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 +'s(b” pCiIEDLJEE. Bn,i. of Lading for any goods, merchandise, or effects to he carried to any place hevond the boundaries of the enhmv : Kor every such Bill of Lading nr eopv thereof, Is. CHARLES C. LOW EX. Head Office, Stamp Department, Wellington, i‘,)th October, 1875. “ STAMP ACT 1875.” Tr.AXsrKus ov Shares. ■j T is herehv notified, tliat after th.e Ist | of .lamiary next, the use of Impressed Stamps upon Transfers of Shares is compulsory, but transfers of shares mav fie stamped at a Stamp Office by the Commissioner or a Deputy Commissioner within one month after execution wi'hoiii a, fine. Managers, and Secretaries of Companies, Sharebrokers, and others interested, are recommended to forward, ■without delay, such forms of transfer ns they may require to ho impressed, accompanied hy the usual requisition and receipt from the Bank of Nrw Zealand for amount thereof, less the authorized discount. Information may he obtained at any Stamp Office. The nrovisicins of the Act relating hereto are as follows : corporation, company orsoeiety whatever in New Zealand shall he registered, recorded, or entered in the hooks of such corporatoin. company, or society unless such transfer is duly stamped. i£ lt»fj, Xo 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 transfer; and, if aay person executes ft snlo—note tr:i in nny 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 he wholly and absolutely void and inoperative, and shall in no ease he made available hy the insertion of a name or any other particulars afterwards; and the person selling or transferring such share shall not bo divested of Bis interest therein, but shall remain liable thereon as if lie 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 ho shall not thereafter be qualified to act as a broker, or to have a fresh license issued to him. “ 104. Xo sharebroker, auctioneer, commission agent, 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 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, — CHARLES C. BOWEN. He ad Office Stamp Department, WeHiugto 7th October 1875.
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Bibliographic details
Patea Mail, Volume I, Issue 101, 29 March 1876, Page 4
Word Count
705Page 4 Advertisements Column 2 Patea Mail, Volume I, Issue 101, 29 March 1876, Page 4
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