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“ S'LAMP ACT, PS 7.'.; iili.l.S OF L.\)>iNO NT) TLcckipts IN' I.IKF TTIF.RKOF. tT is hereby notified, that, after the *st I ■ of January ni“Xt, the use of Impn ssnl S:ani] is on Pills Lading is (_•< iiMpnlsui’y. Such documents musr, after t.lmf ilnto, be written upon paper previously impressed at the Hoad office, and cannot be stamped after the execution thereof. It In requested, therefore, that Merchants, Shipping Agents, and others concerned, ■\vill, without delay, forward to this office such t’onus as they may recpiire to he impressed, accompanied by the usual requisition and receipt of the Panic of New Zealand for the amount, css the authorized discount. Information may he obtained at any Stamp ()!!iec. The provisions of the Act hearing on this point are as jollow: 47. Kxccpt where express provision is made to the eontrarv. all duties are to . , , i • I ~i a sum not exceeding ,£50.” SCHEDULE. Pii.i. of Lading for any trends, merchandise, or cfleets to he carried to any place beyond the boundaries of the colony : For every such Pill of Lading or copy thereof, Is. CMAPFFS 0. POWEX. HoadOfliee, Stamp Department, Wellington, 2f)th October, 1875. “ STAMP ACT 1870.” Transfers of Shares, IT’ is lierehy notified, that .after the Ist of January next, the use ot Finpressed Stamps upon 'Transfers of Shares is compulsory, hut transfers of shares may he stamped at a Stamp Ulliec by the Commissioner or a .Deputy Commissioner within one mouth after execution wiMiont a line. Managers and Secretaries of Companies, Sharebrokers, and others interested, are* recommended to forward, without delav, such forms ot transfer as they may napiire to be impressed, accompanied by the usual requisition and receipt from the Hank ot New Zealand for amount thereof, less the authorized discount. Information may ho obtained at any Stamp Office. The provisions of the Act relating hereto are as follows :

“•1-7. (1.) Except whom express provision is made to the contrary, all duties are to he denoted bv impressed stamps only.” “102. No transfer of any share or shares of or in the stock or lands of any corporation, company or society whatever in New Zealand shall be registered, recorded, or entered in the books ot such coi'poratoin. company, or society unless such transfer is duly stamped. “ 103. No instrument of sale or transfer of any share, or shares shall bo valid, cither at law or in equity, unless the name of the purchaser or transferee is inserted therein at the time ot or before the execution of the instrument of sale or transfer ; and, if any person | executes a sale-note transfer, in any manner or for any purpose whatsoever, unless the name of the purchaser is inserted therein at the time or before the execution thereof, he shall forfeit a sum. of not less than £2O or move than£ lUO •, and, (Tany such instrument is so rondo or signed, it shall'be wholly and absolutely void and inoperative, and shall in no case be made available by the insertion of a name or any other particulars afterwards; and the person selling or transferring such share shall not be divested of Ids interest therein, but shall remain liable thereon as if lie had never sold or disposed of the same. And if such person is a licensed sharebroker, Ids license shall, on any conviction under this section, be absolutely forfeited and lie shall not thereafter be qualified to act as a broker, or to have a fresh license issued to him. “ 10d. No sharebroker, auctioneer, commission agent, or any other person shall be entitled to any brokerage, commission, or any other fee or reward in respect of the sale or transfer of any such share, unless the instrument of sale or transfer is filled up with all necessary particulars to make it a complete, instrument and is duly stamped.” SCHEDULE Transfer except by way of mortgage—(2) Upon the sale of any share or shares in the stock and funds of any corporation, company, or society whatever in Now Zealand: Where the purchase or consideration money,— CHARLES C. BOWEN. He ad Office Stamp Department, : WelkinAo 7th October 1875,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PATM18760422.2.21.2

Bibliographic details

Patea Mail, Volume II, Issue 108, 22 April 1876, Page 4

Word Count
685

Page 4 Advertisements Column 2 Patea Mail, Volume II, Issue 108, 22 April 1876, Page 4

Page 4 Advertisements Column 2 Patea Mail, Volume II, Issue 108, 22 April 1876, Page 4