SEC. 1445. Remission of tax in Department of Mindanao and Sulu.-The governor of any province in the Department of Mindanao and Sulu may, with the approval of the governor of the department, order a cedula issued for 1 peso, or free of charge, to any resident in any locality of the district whenever he may deem this to be in the public interest.

[2657-1600.]

SEC. 1446. Payment of cedula tax in province other than that of domicile. A person temporarily absent from the province of his domicile may pay the cedula tax in any province where he is sojourning; but such payment in a province where the tax is 1 peso shall not remove liability for the additional peso to which the taxpayer may be subject in the province of his domicile.

[2657-1601.]

SEC. 1447. Presentation of cedula certificate upon certain occasions. When a person liable to the cedula tax offers himself for registration as a qualified voter, acknowledges any document before a notary public, takes the oath of office upon election or appointment to any position in the Government service, receives any license, certificate, or permit from any public authority, pays any tax, receives any money from any public fund, or transacts other official business, it shall be the duty of the officer or person with whom such transaction is had or business done to require the exhibition of the certificate showing the payment of the cedula tax by such person. Such certificate shall be the one issued for the current year, except during the month of January of each year, and except also in the case of the payment of the cedula tax at any time during the year, in which cases the exhibition of the certificate for the previous year shall suffice.

[2657-1602.]

SEC. 1448. Secondary certificate in lieu of destroyed cedula certificate.—The collector of internal revenue, upon presentation to him of satisfactory proof in the form of an affidavit of the actual destruction or loss of a cedula certificate by accident, fire, or other casualty, and without any fraud or negligence on the part of the taxpayer, shall issue gratuitously a secondary certificate showing the number of the original certificate and its date, together with the other information contained therein, which secondary certificate may be used in lieu of the original certificate for all purposes.

[2657-1603.]

ARTICLE IV.-DOCUMENTARY STAMP TAX.

SEC. 1449. Stamp tax upon documents and papers.-Upon documents, instruments, and papers, and upon acceptances, assignments, sales, and transfers of the obligation, right, or property incident

thereto, documentary taxes for and in respect of the transaction so had or accomplished shall be paid as hereinafter prescribed, by the person making, signing, issuing, accepting, or transferring the same. and at the time such act is done or transaction had:

(a) On all bonds, debentures, and certificates of indebtedness issued by any association, company, or corporation, on each 200 pesos or fractional part thereof, of the face value of such document, 20 centavos.

(b) On every original issue, whether on organization or on reorganization, of certificates of stock by any such association, company, or corporation, on each 200 pesos, or fractional part thereof, of the face value of such certificate, 20 centavos.

(c) On all sales or agreements to sell, or memoranda of sales, or deliveries, or transfer of shares or certificates of stock in any association, company, or corporation, or transfer by assignment in blank, or by delivery, or by any paper, or agreement, or memorandum, or other evidence of transfer or sale, whether entitling the holder in any manner to the benefit of such stock, or to secure the future payment of money, or for the future transfer of any stock, on each 200 pesos, or fractional part thereof, of the par value of such stock, 4 centavos.

(d) On all bonds, debentures, certificates of stock, or certificates of indebtedness issued in any foreign country there shall be paid by the person here selling or transferring the same, such tax as is required by law on similar instruments when issued, sold, or transferred in the Philippine Islands.

(e) On all certificates of profits, or any certificate or memorandum showing interest in the property or accumulations of any association, company, or corporation, and on all transfers of such certificates or memoranda, on each 200 pesos, or fractional part thereof, of the face value of such certificate or memorandum, 2 centavos.

(f) On each bank check, draft, or certificate of deposit, not drawing interest, or order for the payment of any sum of money drawn upon or issued by any bank, trust company, or any person or persons, companies, or corporations, at sight or on demand, 2 centavos.

(g) On all bills of exchange (between points within the Philippine Islands), drafts, and certificates of deposit drawing interest, or orders for the payment of any sum of money otherwise than at sight or on demand, and on all promissory notes, except bank notes issued for circulation, and on each renewal of any such note, on each 200 pesos, or fractional part thereof, of the face value of any such bill of exchange, draft, certificate of deposit, or note, 2 centavos.

(h) Upon any acceptance or payment upon acceptance of any bill of exchange or order for the payment of money purporting to be

drawn in a foreign country but payable in the Philippine Islands, on each 200 pesos, or fractional part thereof, of the face value of any such bill of exchange or order, or the Philippine equivalent of such value, if expressed in foreign currency, 2 centavos.

(i) On all foreign bills of exchange and letters of credit (including orders, by telegraph or otherwise, for the payment of money issued by express or steamship companies or by any person or persons) drawn in but payable out of the Philippine Islands, in a set of three or more according to the custom of merchants and bankers, on each 200 pesos, or fractional part thereof, of the face value of any such bill of exchange or letter of credit, or the Philippine equivalent of such face value, if expressed in foreign currency, 4 centavos.

(j) On all policies of insurance or other instruments by whatever name the same may be called, whereby any insurance shall be made or renewed upon any life or lives, on each 200 pesos, or fractional part thereof, of the amount insured by any such policy, 10 centavos. (k) On all policies of insurance or other instruments by whatever name the same may be called, by which insurance shall be made or renewed upon property of any description, including rents or profits, against peril by sea or on inland waters, or by fire or lightning, on each 4 pesos, or fractional part thereof, of the amount of premium charged, 2 centavos.

(7) On all policies of insurance or bonds or obligations of the nature of indemnity for loss, damage, or liability made or renewed by any person, association, company, or corporation transacting the business of accident, fidelity, employer's liability, plate glass, steam boiler, burglar, elevator, automatic sprinkler, or other branch of insurance (except life, marine, inland, and fire insurance), and on all bonds, undertakings, or recognizances conditioned for the performance of the duties of any office or position, for the doing or not doing of anything therein specified, and on all obligations guaranteeing the validity or legality of any bonds or other obligations issued by any province, municipality, or other public body or organization, and on all obligations guaranteeing the title to any real estate, or guaranteeing any mercantile credits, which may be made or renewed by any such person, company or corporation, on each 4 pesos, or fractional part thereof, of the premium charged, 2 centavos.

(m) On all policies of annuities, or other instruments by whatever name the same shall be called, whereby an annuity may be made, transferred, or redeemed, on each 200 pesos, or fractional part thereof, of the capital of the annuity, or should this be unknown, then on each 200 pesos, or fractional part thereof, of thirty-three and one-third times the annual income, 10 centavos.

(n) On each bond for indemnifying any person, firm, or corporation who shall become bound or engaged as surety for the payment

of any sum of money or for the due execution or performance of the duties of any office or position or to account for money received by virtue thereof, and on all other bonds of any description, except such as may be required in legal proceedings or are otherwise provided for herein, 50 centavos.

(0) On each certificate of damage, or otherwise, and on every other certificate or document issued by any customs officer, marine surveyor, or other person acting as such, and on each certificate issued by a notary public, and on each certificate of any description required by law, or by rules or regulations of a public office, or which is issued for the purpose of giving information, or establishing proof of a fact, and not otherwise specified herein, 20 centavos.

(p) On each warehouse receipt for property held in storage in a public or private warehouse or yard for any other person than the proprietor of such warehouse or yard himself, or some employee of his engaged in and about the same, 20 centavos.

(9) On each set of bills of lading or receipts (except charter party) for any goods, merchandise, or effects of greater value than 5 pesos, to be exported from a port in the Philippine Islands to any foreign port, 10 centavos.

(r) On each set of bills of lading or receipts (except charter party) for goods, merchandise, or effects of greater value than 5 pesos shipped from one port or place in the Philippine Islands to another port or place in said islands, 4 centavos.

(s) On each passage ticket or any receipt for money paid for passage on any vessel other than on a vessel belonging to the Insular Government or the Government of the United States from any port in the Philippine Islands to a port in the United States or to any foreign port:

1. If said passage costs not more than 60 pesos, 1 peso.

2. If said passage costs more than 60 pesos and not more than 120 pesos, 2 pesos.

3. If said passage costs more than 120 pesos,

pesos.

(t) On each proxy for voting at any election for officers of any incorporated company or association, except associations or corporations for religious, charitable, or literary purposes or to manage public cemeteries, 20 centavos.

(u) On each power of attorney to perform any act whatsoever, except acts connected with the collection of claims due from or accruing to the Government of the United States, the government of the Philippine Islands, or the government of any province or municipality, 20 centavos.

(v) On each lease, agreement, memorandum, or contract for the hire, use, or rent of any lands or tenements, or portions thereof: 1. If executed for not more than one year, 20 centavos.

2. If executed for more than one year and not more than three years, 50 centavos.

3. If executed for a period of more than three years, 1 peso.

(w) On every mortgage or pledge of lands, estate, or property, real or personal, heritable or movable, whatsoever, where the same shall be made as a security for the payment of any definite and certain sum of money lent at the time or previously due and owing or forborne to be paid being payable, and on any conveyance of land, estate, or property, whatsoever, in trust or to be sold or otherwise converted into money, which shall be and intended only as security, either by express stipulation or otherwise:

1. When the amount for which the mortgage or deed of trust is given is not less than 1,000 pesos nor more than 3,000 pesos, 50 centavos.

2. On each 3,000 pesos or fractional part thereof in excess of 3,000 pesos, an additional tax of 50 centavos.

(x) On all conveyances, deeds, instruments, or writings, other than grants, patents, or original certificates of adjudication issued by the Government, whereby any lands, tenements, or other realty sold shall be granted, assigned, transferred, or otherwise conveyed to the purchaser or purchasers, or to any other person or persons designated by such purchaser or purchasers:

1. When the true consideration, or value received or contracted to be paid for such realty, after making proper allowance for any incumbrance, is more than 200 pesos but not more than 2,000 pesos, 50 centavos.

2. For each additional 1,000 pesos, or fractional part thereof, of such true consideration or value, 50 centavos.

When it appears that the amount of the documentary tax payable hereunder has been reduced by an incorrect statement of the consideration in any conveyance, deed, instrument, or writing subject to such tax, the collector of internal revenue, provincial treasurer, or other revenue officer shall, from the assessment rolls or other reliable source of information, assess the property at its true market value and collect the proper tax thereon.

(y) On every charter party, contract, or agreement for the charter of any ship, vessel, or steamer, or any letter or memorandum or other writing between the captain, master, or owner, or other person acting as agent of any ship, vessel, or steamer, and any other person or persons for or relating to the charter of any such ship, vessel, or steamer, and on any renewal or transfer of such charter, contract, agreement, letter, or memorandum:

1. If the registered gross tonnage of the ship, vessel, or steamer is not more than 300 tons, 6 pesos.