Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1887-1888

58
STAMP DUTIES.
notes, with coupons attached, in the same circum-
stances as to registration, and certificates issued, or
stock created in lieu thereof, shall he personal
estate, and bona notabilia in England of the de-
ceased person (23 Vict. c. 5, § 1) ; also any ship,
or any share of a ship, helonging to a deceased
person, registered in any port in the United King-
dom, notwithstanding such ship at the time of the
death may have hecn at sea, or elsewhere out of
the United Kingdom, shall be deemed to be at the
port at which she may be registered (27 and 28
Vict. c. 56), and liable to inventory, probate, or
administration duty.
Specialty Debts, — For probate and administration
duty, debts and sums of money due from persons in
the United Kingdom to a deceased on obligation or
other specialty, shall be estate and effects of the
deceased within the jurisdiction of Her Majesty's
Court of Probate in England or Ireland, in which
the same would be if they were debts upon simple
contract, without regard to the place where the
obligation or specialty shall be at the time of the
death.— (25 Vict. c. 22, § 39.)
Foreign Bonds and Stocks. — Documents of the debts
of foreign governments and foreign companies
which pass from hand to hand are property where
the documents may be. Debentures or bonds by
foreign companies and governments, and the title
to stocks of foreign companies and governments,
are property in this country, if in the possession of
any person in this country, and can be sold in the
market, and the title of the purchasers completed
to them in this country. — See Attorney-General v.
Bouwens, 4 Meeson & Welsby, 171.
Rents of Heritage. — If the deceased survive Whit-
sunday, one moiety of the rents of the crop of that
year is personal estate. If he survive Martinmas,
the whole rents of that crop fall into the executiy.
In addition, from and after 1st August, 1870, the
Acts 33 and 34 Vict. 1870, c. 35, would seem to
give the executor a proportion of the rents from
the term preceding the date of death to the date of
death. That Act would also seem to give a propor-
tion of the term's rents of quarries, minerals, and
houses, and also feu-duties current at the death.
The executor's right to house-rents would not there-
fore be to the half-year's rents current at death,
but to a pi'oportion only to the date of death.
Modes in which Duty may be Paid. — When
deceased domiciled in Scotland. — In the case of a
person dying domiciled in Scotland, having personal
property in Scotland, England, and Ireland, and also
heritable securities excluding executors, and personal
bonds excluding executors, duty in respect of the
whole may be paid on the inventory required to
be recorded in the Sheriff Court; or inventory
duty may be paid on the personal property situated
in Scotland, including heritable securities made
movable by the Act 31 and 32 Vict. c. 101, §117,
and duty may be paid on a "special inventory" of
the heritable securities excluding executors and
personal bonds excluding executors, and probate
or administration may be obtained in England and
Ireland in respect of the personal estate in these
countries, and duty paid in respect of such on these
instruments.
Whendeceased domiciled fur th of ike United King-
dom. — In case of a person dying domiciled fnrth of
the United Kingdom leaving personal estate in
Scotland, England, and Ireland, an inventory must
be given up in Scotland, probate or administration
taken out in England and Ireland, and duty paid
on such in respect of the property in each country.
ABSTRACT OF THE BATES OF INVENTORY DUTY.
Inventories to be exhibited and recorded on or after
1st June, 1881. — 44 Vict. c. 12. [For duties
previously payable, see 55 George III. c. 184
(schedule, part III.)— 22 and 23 Vict. c. 36, § 1,
27 and 28 Vict. c. 56, § 5, and 43 Vict. c. 14.]
Value
of Estate.
Duty
Above
£100 and not exceeding
£150,
£3


150
"
200,
4


200
"
250,
5


250
(1
300,
6


300
"
350,
7


350
"
400,
8


400
a
450,
9

6
450
(<
500,
10


500
"
550,
13
15

550
i(
600,
15


600
"
650,
16
5

650
11
700,
17
10

700
It
750,
18
15

750
"
800,
20


800
"
850,
21
5

850
11
900,
22
10

900
II
950,
23
15

950
11
1000,
25


1000
II
1100,
33


And so on, at the rate of £3 for every full sum of
£100, and for any fractional part of £100 over
any multiple of £100.
Note. — Additional inventory where former dul^-
stamped inventory exhibited and recorded prior t&
1st June, 1881, to be charged with the stamp duty
previous to the Act 44 Vict. c. 12, see § 27.
Exemptions. — Inventory of the estate of any com-
mon seaman or soldier dying in service.
Additional inventory when duty on the whole estate
does not exceed that already paid on former
inventory.
Note.— By 38 and 39 Vict. c. 60, § 15 (3) (4)
Friendly Societies, 1875 ; 39 and 40 Vict. c. 45,
§ 11 (5) (6) Industrial and Provident Societies,
1876 ; 39 and 40 Vict. c. 22, § 10, Trade Union,
1876 ; 26 and 27 Vict. c. 87, §§ 41, 42, 43 Sav-
ings Bank, 1863 ; 7 and 8 Vict. c. 83, § 10 Savings
Bank and Government Annuities ; 45 and 46 Vict.
c. 51, § 6 (e) Government Annuites Act, 1882 ;
members or persons may nominate person to whom
money payable on the death of members or persons
— amount not exceeding £50.
By 46 and 47 Vict. c. 47, § 3, £100 is substituted
for £60.
§ 5. Depositor in savings bank, not being under 16
years of age, may nominate.
§ 7. Member of trade union dying intestate, and
not having made nomination, dli-ectors may pay to
person appearing entitled.
§ 10 (1). If sum payable exceeds £80, after deduct-
ing sum payable under rules of society for funeral
expenses, directors to require production of receipt
for legacy or succession duty, or certificate by Com-
missioners of Inland Revenue, none payable.
§ 10 (2). Nomination or payment under Act not to
affect inventory duty.