Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1862-1863

24
STAMP DUTIES.
■without any personal bond or obligation therein
contained for payment of the money secured ; also
letter of reversion or back bond, for qualifying
absolute conveyance of any property, and also any
deed whereby a real burden shall be created on
lands or heritable subjects, as a security for any
definite and certain sum of money not exceeding
s. d.
£50, 13
Exceeding 50 and not exceeding £100 . 2 6
„ 100 „ 150 . 3 9
150 „ 200 . 5
„ 200 „ 250 . 6 3
„ 250 „ 300 . 7 6
And where the same exceeds £300, for every £100,
and fractional part of a £100 ; 29. 6d.
Where the deed is made as a security for the repay-
ment of money to be thereafter lent, advanced, or
paid, or which may become due upon an account-
current, together with any sum all eady advanced
or due, or without, other than any sums to be ad-
vanced for the insurance of any property comprised
. in such security against damage by fire, or for the
insurance of any life or lives, or for the renewal of
any grant or lease upon the dropping of any life or
lives, pursuant to any agreement in any deed
whereby any estate or interest held upon such life
or lives is granted, assigned, or assured, or where-
by any annuity is granted or secured for such life
or lives —
If the total amount of the money secured or to be
ultimately recoverable is limited not to exceed a
given sum, — The same duty as on a wadset for
such limited sum.
And if the total amount is uncertain and without
any limit, then the same shall be available as a
security or charge for such an amount only as the
ad valorem duty denoted by the stamp will cover.
And where the same is made as a security for the
transfer or retransfer of any share in any of tlie
government or parliamentary stocks or funds, or of
the Bank of England, or of Ireland, or of the East
India or of the South Sea Company, or of any
other company or corporation, in consideration of
stock or money advanced or lent at the time, or
previously due and owing, or foreborne to be paid,
being payable. The same duty as on a mortgage
for a sum equal to the value of the stock or fund
secured according to the average price at the date
of the mortgage, or on either of the ten days pre-
ceding, or on the latest day preceding on which
there has been a known sale.
And where the same respectively shall be made, as
a security for the payment of a sum of money, and
also for the transfer or retransfer of a share in any
of the said stocks or funds, the said ad valorem
duty shall be charged in respect of each.
And in case the same respectively shall be made,
as a security for the payment or transfer, to difl'er-
ent persons, of separate and distinct suras or shares,
— The ad valorem duty shall be charged for each
separate and distinct sum or share therein specified
and secured, and not upon the aggregate amount.
And where any such deed or instrument shall be
made respectively as a security for the payment of
any annuity, or any sura by way of repayment, or
in satisfaction or discharge, or in redemption of any
sum lent, advanced or paid, as or for or in the na-
ture of a loan intended to be repaid, discharged,
or lediemed, in manner aforesaid, — The same duty
as on a mortgage or wadset for the sum of money
so lent, advanced, or paid. '
Tkansfek, disposition, or assignation of any wad-;
set or other such security, &c. —
Where no further sum or stock shall be added to
the principal already secured, if such principal
shall not exceed in the whole £1400, the same
duty as on a wadset, &c., for the total amount or
value of such principal.
And if such principal shall exceed in value in the
whole the sum of £1400; £1 15s.
And where any further sum or stock shall be added
to the principal already secured. — The same duty
as on a wadset, &c., for such further money or
stock only.
And in every other case not expressly provided for,
£1 15s.
Such instrument is not chargeable with further
dutj' (except progressive duty) by containing any
further or additional security for the payment,
transfer, retransfer of such money, stock, interest,
or dividends.
Any deed made for the further assurance only of
any property alreadj' constituted a security, by a
deed which has paid the ad valorem duty —
Also any deed made as an additional or further
security for any sum, &c., already so secured —
Where the total amount or value already secured
does not exceed £1400, the same duty as on a
wadset for the amount.
And in any other case, £1 15s.
If any further sum be added to the principal, the
deed is chargeable only (exclusive of progressive
duty), with the ad valorem duty on wadsets, &c.,
in respect of such further sum.
Eeconvetance, surrender, discharge, or renun ■
elation of any wadset, or other such securitj', or
of the benefit thereof, or of the money or stock
secured —
Where the total amount of the principal shall not
exceed £1400, the same duty as on a wadset for
the amount.
And in any other case, £1 15s.
Newspapers. — Any newspaper printed on one
sheet not exceeding 2295 inches in superficies. Id.
A supplement printed on one sheet, and with the
newspaper not exceeding 2295 inches in the whole,
is free of duty.
Any other supplement not exc. 1148 inches, ^d.
Any two supplements, each printed on one sheet,
and together not exceeding 2295 inches, each, |d.
The superficies is one side of the paper, and exclu-
sive of the margin.
It is not compulsory to stamp newspapers except-
ing for transmission by post, 18 Vict. c. 27, § 1.
Notarial Act, any whatsoever. Is., and for every
sheet or piece of paper, parchment, or vellum on
which the same shall be written, Is.
(24 and 25 Vict. c. 91, § 26.)
Note. — The instrument in favour of an heir or dis-
ponee of a creditor in an heritable security, 8 and
9 Viet. c. 3 1 , form No. 3 ; notarial instrument,
§ 1 of that Act; the notarial instrument, under the
Titles to Land Acts, 21 and 22 Vict. c. 76, and
23 and 24 Vict. c. 143 ; the notarial instrument in
favour of a party not the original grantee of the
lease, or assignee of the assignation of the lease in
security, Sch. C, and the notarial instrument in