fidfea iAiit STAMP ACT, 1875. Bums of Lading a,np H-eceipts in LIKU TiIKKKOI'. tT is hereby notified, Pint, after the Ist of January next, the use of Impressed Stamps on Bills of Lading is compulsory. Such documents must, after that date, be written u]>on paper previously impressed at the Hoad office, and cannot ho stamped alter 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 bo impressed, accompanied by the usual requisition and receipt of the Bank of New Zealand for the amount, ■ css the authorized discount. Information may be obtained at any ‘dtamp Office. The provisions of the Act bearing on this point are as follow'; “ 17. Except where express provision is made to Pie contrary, all duties are to be denoted by impressed stamps only. ’ “ (A. (1.) *A Bill of Lading includes also anv 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 Jorleit a sum not exceeding £50.” SCHEDULE. Birr, of Lading for any goods, merchandise, or effects to be carried to any place beyond the boundaries of the colonv : Eor every such Bill of Lading or copy thereof. Is. CHARLES C. BOWEN. Head Office, Stamp Department, Wellington, 29th October, .1875. STAMP ACT 1875.” Transfers of Shakes. tT is hereby notified, that after the Ist | of January next, the use of impressed Stamps upon Transfers of .Shares is compulsory, but transfers of shares may bo stamped at a tSfamp Office by the Commissioner or a Deputy Commissioner within one month after execution wkhoui: a fine. Manatrevh and Secretaries of Companies, Jiliarebrok crs, 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 of New' Zealand for amount thereof, less the authorized discount. Information may be obtained at any Btamp Office. The v-rovisious of the Act relating hereto are as follows ; “.17. (1. ) Except where express provision is made to the contrary, all duties are to lie denoted by impressed stamps only.” “102. No transfer of any share or shares of or in the slock or funds of any corporation, company or society whatever in New Zealand shall be registered, recorded, or entered in the books of suck corporatoin. company, or society unless such transfer is duly stamped.
“ 103. 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 ot or before the execution of the instrument of sale or transfer ; and, if ray 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, lie shall forfeit a sum of not loss 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 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 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 Trans run 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 Now Zealand ; Where the purchase or consideration money,— £. s. d. Does 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 G CHARLES C. BOWEN. a Head Office- Stamp' ‘Department, Wellingto 7th October 1875.
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Bibliographic details
Patea Mail, Volume II, Issue 106, 15 April 1876, Page 4
Word Count
770Page 4 Advertisements Column 2 Patea Mail, Volume II, Issue 106, 15 April 1876, Page 4
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