A treatise on the stamp laws; being an analytical digest of all the statutes and cases relating to stamp duties, with practical remarks thereon ... United Kingdom after the 10th October, 1853,

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1854 Excerpt: ...on demand, whether expressed to be payable to bearer on demand or not. Sect. 12.--All such bills and notes are to be deemed bank notes, and to be liable to stamp duties and composition for stamp duties, and to all the provisions of the Stamp Acts. Sect. 13.--The exemption from the receipt stamp duty of letters acknowledging the safe arrival of bills, notes, or other securities for money is repealed. The operation of this clause is of an extensive and important character, seeing that acknowledgments of payments made by bills or notes are receipts within the Stamp Acts, and, therefore, chargeable with duty. In future, letters containing such acknowledgments rnust be stamped as receipts. Sect. 14.--Receipts for money paid to the use of the Crown are Receipts for exempted from stamp duty. STcrowf t0 This is a relief to parties paying money to the Crown; and will exempt. be found to be a great convenience. Sect. 15.---In imposing ad valorem duties on conveyances Denoting in consideration of annual payments, by the 16 & 17 Vict, stamp on duc. 63, provision was omitted to be made for charging the du-counterparts plicates or counterparts of these conveyances with the same under 16 & 17 duties as are granted by the 13 & 14 Vict. c. 97. The omission is Vict-c-63supplied by this clause, by directing the commissioners to impress the denoting stamp on any such counterparts or duplicates as may be produced stamped with these duties. Sect. 16.--These conveyances, if made in consideration partly Deeds to be of annual sums and partly of money or stock, are to be charged stamPe'1 ia with duty in respect of both considerations. every con And in any case, where an instrument liable to ad valorem duty sideration exin respect of money or stock, is made, also, for any...