Towns > Greenock > 1847-1912 - Post-office Greenock directory > 1877-1878

STAMP DUTIES.
INLAND BILL, DRAFT, or OEDBR, after the 10th October,
1853, for the payment of any svim of money to the bearer, or to order
on demand, Id. And the following instruments shall be deemed and
taken to be drafts or orders for payments of money within the intent
and meaning of this Act, and of any Act or Acts relating to the stamp
duties on bills of exchange, drafts or orders, and shall be chargeable
accordingly with the stamp duties imposed by this Act or any such
Act or Acts, viz. : — All docviments or writings usually termed letters
of credit ; or whereby any person to whom any such document or
writing is or is intended to be delivered or sent shall be entitled or be
intended to be entitled to have credit with or in account with, or to
draw upon any other person for or to receive from such other person
any sum of money therein mentioned.
EXEMPTIONS. -Any draft or order drawn by any banker upon
any other banker, not payable to bearer, or to order, and used solely
for the purpose of settling or clearing any account between said
bankers. Any letter written by a banker to any other banker, direct-
ing the payment of any sum of money, the same not being payable to
the bearer or to order, and svich letter not being sent or delivered to
the person to whom payment is to be made, or to any person on his
behalf.
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 pay-
able to bearer or to 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 to
some person on his or her behalf, where the total amount of money
thereby made payable shall be specified therein, or can be ascertained
therefrom, or shall be indefinite, the same Duty as on a Bill j)ayable
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.
Bill of Exchange Payable on Demand, - - - - £0 1
INLAND BILLS AND PROMISSORY NOTES.
When Sum not exceeding £5 - - - £0 1
Above £5, and not above 10 - - - 2
10, do. 25 - - - 3
25, do. 50 - - - 6
50, do. 75 - - - 9
75, do. 100 - - - 1
And for every £100, and also for any fractional part of
£100, of such amount or value, - - - - - 10