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“ STAMP ACT, 1875. ’ Bills of Lading aSd Receipts in LIEU THEREOF. IT is hereby notified, that, after tho Ist of January next, the use of Impressed Stamps on Bills of Lading is compulsory. Sucli documents must, I after that date, be written upon papei previously impressed at the Head office, and cannot be stamped after the cxei cution thereof. ■ It is requested, therefore, that MerI chants, Shipping Agents, and others I 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 tho amount, ess the authorized discount, i Information may be obtained at any i Stamp Office. I The provisions of the Act bearing on tins point are as follow: — “ 47. Except where express provision is made to the contrary, all duties are to be denoted by impressed stamps only.” “ 62. (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. Bill of Lading for any goods, merchandise, or effects to be carried to any place beyond the boundaries of tho colony : For every such Bill of Lading or copy thereof, Is. CHARLES G. 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 within 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 bo 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 : “4.7. (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 be registered, recorded, or entered in the books of such corporatoin. 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 tho 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 thair£loo and, if any such instrument is so made or signed, it shall he wholly and absolutely" void and inoperative, and shall, in no case bo made available by the insertion of a name or any other particulars afterwards ; and the person selling or transferring such share shall not bo divested of Ids interest therein, but shall remain liable thereon as if be 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 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 0-. BOWEN, He ad Office Stamp Department,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PATM18760510.2.19.5

Bibliographic details

Patea Mail, Volume II, Issue 113, 10 May 1876, Page 3

Word Count
738

Page 3 Advertisements Column 5 Patea Mail, Volume II, Issue 113, 10 May 1876, Page 3

Page 3 Advertisements Column 5 Patea Mail, Volume II, Issue 113, 10 May 1876, Page 3

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