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Bills of Lading and Receipts in LIKU 'i'llEl!KOl'. JT is hereby noticed, that, 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 upon paper previously impressed at the Head office, and cannot be 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 be impressed, accompanied by the usual requisition and receipt of the Bank of New Zealand for the amount, ess the authorized discount. Information may be obtained at any Stamp Office. The provisions of the Act bearing on this point are as follow: “ 47. Except where express provision is made to the contrary, all duties are to be denoted by impressed stamps only.” “ G2. (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 £,50.” SCHEDULE. Bum 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. CHARLES C. BOWEN. Head Office, Stamp Department, Wellington, 29th October, 1875. “ STAMP ACT 1875.” Transfers of Shares. IT 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 be stamped at a Stamp Office by the Commissioner or a Deputy Commissioner vritlnn one month after execution without 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 and 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

arc 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 he 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 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 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 ease be made available by the insertion of a name or any other particulars afterwards; anil the person selling or transferring such share shall not be divested of liis interest therein, hut 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, he absolutely forfeited and he shall not thereafter be qualified to act as a broker, or to have a fresh license issued to him. “ 10-1. 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 Traxrfkti except by way of mortgage—(2) Upon the sale of any share or shares in the slock and funds of any corporation, company, or society whatever in New Zealand; Where the purchase or consideration money,— CIIAULAS C. BOWEN, He ad Office Stamp Department, Willing to 7th October 1675.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PATM18760426.2.15.5

Bibliographic details

Patea Mail, Volume II, Issue 109, 26 April 1876, Page 3

Word Count
735

Page 3 Advertisements Column 5 Patea Mail, Volume II, Issue 109, 26 April 1876, Page 3

Page 3 Advertisements Column 5 Patea Mail, Volume II, Issue 109, 26 April 1876, Page 3

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