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Cigar lights, containing more than 25 and not more than 50, s'amp tax...

.2 cents. Cigar lights, for every additional 25, stamp tax.. ..1 cent. Cigar lights, stamps to be affixed to each package intended for immediate export...

..10 cents. Cigars, or tobacco, or any substitute therefor, per 1,000....$5. Cigars, imported, in addition to import duties, to pay the internal revenue tax of, per 1,000...

.$6. Cigars, manufacturers of, special tax.

.$10 Cigarettes, weighing 3 lbs. per 1,000, per 1,000. $1.75. Cigarettes, weighing exceeding 3 lbs. per 1,000, per 1,000....$6. Distilled spirits, per proof gallon ..

90 cents. Distille'l spirits, all stamps relating to, other than tax-paid stampa...

.10 cents. Fermen'ed liquors, per bbl..

. $1. Lager beer, per bbl..

$1. Manufacturers of stills, for each still or worm for distilling, $20, and special tax of......

. $50. Matches, made of wood, per package, containing 100 matches or less, stamp tax...

..$1 cent. Matches, per package, containing more than 100 and not more than 200, stamp tax...

.2 cents, Matches, for every additional 100 or fractional part, stamp tax,..

.1 cent. Medicines, value of packages containing, not exceeding retail price of 25 cents, stamp tax .

.1 cent. Medicines, value over 25 cents and not over 50 cents, tax 2 cents. Medicines, value over 50 cents and not over 75 cents, stamp

.3 cents. Yedicines, value over 75 cents and not over $1, tax..

..4 cents. Iedicines, value over $1, on each 50 cents additional, stamp tax:...

2 cents. Perfumery, same as “ Medicines," above. Playing-cards, on each pack.

5 cents. Rectifiers of distilled spirits, rectifying, purifying, or refining

200 bbls. or less of distilled spirits, counting 40 gallons of

proof spirits to tie bbl.. within the year, special tax. . $200. Retail dealers in liquors special tax.

$25. Retail dealers in malt liquors, special tax.

.$20, Snuff, manufactured of tobacco or any substitute for tobacco,

ground, dry, damp, pickled, scenteit, or otherwise, of all de

scriptions, when prepared for use, per lb....... 32 cents. Snuff, imported, in addition to import duties, is required to pay

the internal revenue tax noted above. Snuff, stamps to be affixed to each package for export...10 cents. Spirits, distilled, per proof gallon....

. 90 cents Tapers, wax, rates double the rates on Matches."


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Tobacco, chowing and smoking, fine cut, Cavendish, plug, or twist, cut or granulated, of every description, per pound.

24 cepts. Tobacco, fine cut sborts and refuse scraps, clippings, cuttings and sweepings of tobacco, per lb..

. 24 cents. Tobacco, twisted by band, or reduced into a condition to be

consumed, or in any manner other than the ordinary mode of drying and curing, prepared for sale or consumption, even if prepared without the use of any machine and with

out being pressed or sweetened, per pound... ..24 cents. Tobacco, dealers, special tax.

..$5. Tobacco, dealers in leaf, except retail dealers in leaf tobacco, special tax....

$25. Tobacco, manufacturers of, special tax

$10. Tobacco, peddlers of, traveling with more than two horses, mules, or other animals, special tax...

.$50. Tobacco, peddlers of, traveling with two horses, mules, or other animals, special tax..

$25. Tobacco, peddlers of, traveling with one horse, mule, or other animal, special tax.

. $15. Tobacco, peddlers of, traveling on foot or by public conveyance, special tax.

..$10. Tobacco, retail dealers in leaf, special tax.

.$500. Tobacco, retail dealers in leaf, in addition to special tax, if

annual sales exceed $1,000, for every dollar in excess of $1,000...

...50 cents. Tobacco, stamps to be affixed to each package intended for immediate export...

10 cents Wholesale liquor dealers special tax.

.$100. Wholesale dealers in malt liquors, special tax.

$50 Wines, liquors, or compounds, known or denominated as wine,

and made in imitation of sparkling wine or champagne but not made from grapes grown in the United States, and on all liquors not made from grapes, currants, rhubarb, or berries grown in the United States, but produced by being rectified or mixed with distilled spirits, or by the infusion of any matter in spirits, to be sold as wine, or as a substitute for wine, per bottle or package containing not more than one pint....

10 cents. Wines, per bottle or package containing more than one pint and not more than one quart...

20 cents. Wines, in saine proportion as above for any larger quantity.

By Act of Congress the repeal of the National Bankrupt law took effect September 1, 1878. Consequ-ntly the State laws on tbe question of insolvency come into operation. New York State laws require that an unpreferential and impartial surrender of property through a conveyance from debtor to assignee, accepted by the lutter, who joins in it, and acknowledged after the manner of deeds, shall be made and be recorded in the County Clerk's office. The debtor files his sworn inventory and schedules with the Clerk of the County Court, within twenty days after the recording of the conveyance; or, in case of the debtor's default, the filing is made by the assignee within ten days after such default. The law provides for a due bond from the assignee-the proper citation to creditors—a public hearing to any one interested, to be accompanied with full examination of debtor or books or other witnesses—a permission for compromises and for trials by jury of disputed facts ; and, finally, for the distribution of dividends, and the release of the debtor, upon proofs of a composition between the assignor and his creditors.

In Rhode Island, Vermont, Connecticut, New Jersey, Michigan, Wisconsin, Nevada, California, and North Carolina the claims of creditors are discharged upon the debtor making an assignment of all his property.

In Indiana, Kansas, Oregon, Maryland, Mississippi, and Missouri the debtor can assign his property, but can not be discharged unless every one of his creditors consent.

In Pennsylvania, Delaware, Ohio, Illinois, Kentucky, Minnesota, Iowa, Nebraska, Colorado, Virginia, and Georgia a debtor may make an assignment, but he can not get a discharge except upon payment of his debts jn full.

In Maine, New Hampshire, and South Carolina the law permits an assignment, but the debtor is discharged only from those debts, the holders of which sign the deed of assignment.

In Louisiana the law allows a discharge if the consent of a majority of the creditors in number and amount is obtained.

In Massachusetts, Tennessee, Arkansas, Colorado, West Virginia, Florida, Alabama, and Texas a debtor can not even make an assigoment.


[Act July 26, 1876: That no voluntary assignment by a debtor or debtors of all his or their property, heretofore or hereafter made in good faith for the benefit of all his or their creditore, ratably and without creating any preference, and valid according to the law of the State where made, shall of itself, in the event of his or their being subsequently adjudicated bankrupts in a proceeding of involuntary bankruptcy, be a bar to the discharge of such debtor or debtors. At any time after the expiration of six months from the adjudication of bankruptcy, or if no debts have been proved against the bankrupt, or if no assets have come to the bands of the assignee, at any time after the expiration of sixty days, and hefore the final disposition of the cause, the baukrupt may apply to the court for a discharge from his debts.)

BANKRUPT laws are enacted for the purpose of regulating the acts and conduct of debtors, and taking the deposition of their property from them in certain specified cases. The important point is to ascertain in is hat way and for what acts a dehtor may be put into binkruptcy, and mode of procedure.

The law now in f rce was adopted in 1867, but has been, from time to time, amended. The following are the principal and efficient points.

The District Courts of the United States are constituted Courts of Bankruptcy, and have general super ntendence and jurisdiction.

The general trial of issues may be by jury, or as the Court shall determine.

The District Courts shall always be open for the transaction of business in the exercise of their jurisdiction, and shall have full authority to compel obedience to all orders and decrees.

Appeals may be taken from the District to the Circuit Courts, in all cases in equity and writs of error.

The final judgment of the Circuit Court, rendered upon an appeal, shall be conclusive, and the list of debts shall, if necessary, be altered to conform thereto. The party prevailing in the suit shall be entitled to costs against the adverse party, to be taxed and recovered as in ordinary suits of law.

VOLUNTARY BANKRUPTCY. Any person residing within the jurisdiction of the United States, and owing debts provable in bạnkruptcy exceedirg the amount of three hundred dollars, applying by petition addressed to the judge of the judicial district in which such debtor has resided or carried on business for the six months next preceding the time of filing such petition, or for the longest period during such six montlis, setting forth bis place of residence, his inability to pay all his debts in full, his willingness to surrender all bis estate and effects for the benefit of his creditors, and his de. sire to obtain a discharge from his debts, and shall annex to his petition a schedule, and inventory and valuation, in compliance with the following provisions; the filing of such petition shall be an act of bankruptcy, and suclı petitioner shall be adjudged A bankrupt.

The said schedule, to be verified by the oath of the petitioner, must contain a full and true statement of all his debts, exhibit



ing, as far as possible, to whom each debt s due, the place of residence of each creditor, if known to the debtor, and if not known, the fact that it is not knwn; also the sum due to each creditor; the nature of each debt or demand, whether founded on written security, obligation, or contract, or otherwise; the true cause and consideration of the indebtedness in each case, and the place where such indebtedness accrned; and also a statement of any existing mortgage, pledge, lien, judgment, or collateral or other security given for the payment of the same.

The said inventory also to be verified by the oath of the petitioner, must contain an accurate statement of all the petitioner's estate, both real and personal, describing the same and stating where it is situated, and whether there are any, and, if what incumbrances thereon.

Immediately after the filing of the petition, schedule and inventory, the Judge or Register shall, if he is satisfied that the debts due from the petitioner exceed $300, issue a warrant, to be signed by such Judge or Register, directed to the Marshal for the district, authorizing him to publish notices in two news papers.

INVOLUNTARY BANKRUPTCY. Any person residing and owing debts within the jurisdiction of the United States, who shall depart from the State, District, or 'Territory of which he is an inhabitant, with intent to defraud his creditors; or, being absent, shall, with such intent, remain absent; or shall conceal himself to avoid the service of legal process in any action for the recovery of a debt or demand provable under this act; or shall conceal or remove any of his property 10 avoid its being attached, taken, or sequestered on legal process; or shall make any assignment, gift, sale, conveyance, or transfer of his estate, property, rights, or credits, either within the United States or elsewhere, with intent to delay, defraud, or hinder his creditors; or who has been arrested and held in custody under or by virtue of mesne process, issued out of any court of the United States, or of any State, District, or Territory which within such debtor resides or bas property, founded upon a demand in its nature provable against a bankrupt's estate under this act, and for a sum exceeding $100, and such process is remaining in force and not discharged by payment, or in any other manner provided by the laws of the United States, or of sich State, District, or Territory, applicable thereto, for a period of twenty days; or has been actually imprisoned for more than twenty days in a civil action founded on contract for the sum of $100 or upward; or who, being bankrupt or insolvent, or in contemplation of bankruptcy or insolvency, shall make any pay. ment, gift, grant, sale, conveyance, or transfer of money or

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