Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1855-1856

STAMP DUTIES.
Above 750 ... 1000. ..3s. 4d.
1000 ... 1500. ..5s.
1500 ... 2000. ..6s. 8d.
2000 ... 3000. ..10s.
3000 ... 4000. ..13s. 4d.
4000 and upwards ...15s.
y.B. — The duties on Foreign Bills, drawn
out of the United Kingdom, are to be
denoted by adhesive stamps. The
amount of duty on the adhesive stamps
is impressed on two parts. The Board
of Inland Kevenue recommend that the
cancellation should be on one of the
parts, and the other left legible.
If a Foreign Bill payable abroad, and
as to which the provision " drawn in
sets of three or more" apply, shall be
drawn in a single bill, the duty will
be the same as on an Inland Bill, and
if in a set of two, the duty on each
will be the same as on an Inland Bill.
This is in accordance with the opinion
of the Board of Inland Revenue (see
North British Daily Mail, 3d Novem-
ber 1854). But the Board have given
an opinion that a Foreign Bill drawn
abroad and payable in this country
in duplicate or triplicate only re-
presents one transaction, and is lia-
ble to the duty on one Inland Bill
of the same amount, — that is, if one
of the parts have the full duty, the
others may be unstamped (see Times,
Gth November, 1854). The schedule
of the act does not provide for such a
Bill being drawn in sets. Bills bearing
to be drawn out of the United Kingdom
are to be deemed Foreign Bills so
drawn, although they may in reality
be drawn in the United Kingdom,
17 and 18 Vict. c. 83, § 4. A person
in the United Kingdom drawing and
issuing a bill payable out of the United
Kingdom in a set, must draw the
whole set, and a person transferring or
negotiating such bill must transfer and
deliver, stamped, the whole number of
the set. Penalty, £100. A person
taking such bill must get the whole
set, stamped, otherwise he cannot re-
cover on it or make it available, ib. § 6.
This applies only to bills drawn within
and payable out of the United King-
dom.
Inland Bill, Draft, or Order for the
payment of any sum of money, though
not made payable to the bearer, or to
order, if the same shall be delivered to
the payee, or some person on his or her
behalf, the same duty as on a bill of
exchange for the like sum, payable to
bearer or order.
Inland Bill, Draft, or Order for the
payment of any sum of money, weekly,
monthly, or at any other stated periods,
if made payable to the bearer, or to
order, or if delivered to the payee, or
some person on his or her behalf, where
the total amount of the money thereby
made payable shall be specified therein,
or can be ascertained therefrom, or
shall be indefinite, the same duty as on
a bill payable to bearer or order on
demand.
Promissory Note for the payment of
any sum of money by instalments, or
for the payment of several sums of
money at different days or times, so
that the whole of the money to be paid
shall be definite and certain, the same
duty as on a promissory note, payable
otherwise than to the bearer on demand,
for a sum equal to the whole amount
of the money to be paid.
Bills of Lading 6d.
Bonds and other Securities.
Bond (personal) given for any certain
sum of monev not exceeding s. d.
£50 1 3
Exc. £50 and not exc. £100 2 G
100 ... 150 3 9
150 ... 200 5
200 ... 250 6 3
250 ... 300 7
And where the same shall exceed £300?
then for every £100, and also for any
fractional part of £100, 2s. 6d.
Bond as security for monies to be there-
after lent, advanced, or paid, or which
may become due on account-current,
together with any sum already advanced
or due, or without, as the case mav
be,—
Where the money secured or to be ulti-
mately recoverable shall be limited not
to exceed a given sum, — The same
duty as on a bond for such sum.
Where uncertain, and without any limit,
— The same as on a bond for a sum
equal to the amount of the penalty.
Where there is no penalty, the bond
shall be available for such an amount
only as the ad valorem stamps will
cover.
Personal Bond given as a security for
the transfer or retransfer of any share
in any of the Government or Parlia-
mentary Stocks or Funds, or of the
Banks of England or Ireland, or of the
East India Company, or of any other
company or corporation, —The same ad
valorem duty as on a bond for a sum
of money equal to the value of the