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2. PAYMENT OF THE Duty. The duty is to be paid monthly; and within five days of the end of each month a return must be made to the assistant assessor of the district where the owner or company's principal office is situated, stating the gross amount of the tolls for the transportation of passengers, freight, &c., for the month next preceding

The return must be verified by the owner, agent, or a proper officer of the company.

The regulations of the department as to duties on receipts of railroads apply to receipts of toll-bridges.

See RAILROADS, supra.

Penalties.-In case of refusal or neglect to make the return within five days after the same is due, the assessor, or assistant assessor, must proceed to estimate the amount received and the duties payable thereon; and in making such assessment, the books of the owner or company are subject to the inspection of the officer, on his demand.

For neglect or refusal to pay the duties within five days after they become due, an addition of five per cent on the amount of the duty is assessed; and for any attempt to evade, knowingly, the payment of the duties, the penalty is $1,000. ($ 80.)

The provisions of the act in relation to liens and collections by distraint, not incompatible, are declared to apply to this section. (8 80.)

UMBRELLAS.

[Duty, three per cent, ad valorem.] The duty on umbrellas and parasols made of cotton, silk, or other material, is three per centum, ad valorem ; to be paid monthly. (8 75, as amended.)

UMBRELLA STRETCHERS. Umbrella stretchers are not to be regarded a manufacture subject to any duty. ($ 75, last clause.)

VARNISH.

(Duty, five per cent, ad valorem.] On varnish, made wholly or in part of gum copal, or other gums or substances, a duty of five per centum, ad valorem, is imposed ; to be paid monthly. (8 75.)

WHALE OIL.
Whale oil is exempted from all taxation. (8 75.)

WHITE LEAD.
Seo PAINTB, supra.

WILLOW. All manufactures of willow, wholly or in part, not other. wise provided for, are subject to a duty of three per cent, ad valorem. (875.)

WINE.

[Duty, five cents per gallon.] On wine, made of grapes, five cents per gallon is imposed; the duty to be paid monthly, on the amount made and sold. ($ 75.)

WOOD. All manufactures of wood, wholly or in part, not otherwise provided for, are dutiable at three per cent, ad valorem. (8 75.)

WOOL. All manufactures of wool, wholly or in part, not otherwise provided for, are subject to three per cent ad valorem duty.

13 75ded for, dictures of Hon

WORSTED. All manufactures of worsted, in whole or in part, not otherwise provided for, are dutiable at three per cent, ad valorem. (8 75.)

YACHTS.

[Duty, from $5 and upwards.] Pleasure racing vessels, known as yachts, whether by sail or steam, are subject to the following rate of duty :

On vessels valued under $600 .................... $5.00

" " above $600 and not above $1,000 ... 10.00 For each additional $1,000 in value ............... 10.00

For construction of section 77, concerning the duty on carriages, billiard tables, plate, and yachts, see CARRIAGES, supra.

The duty is to be paid yearly, and returns to be rendered to the assistant assessor. The return need not be verified.

ZINO. The duty on all manufactures of zinc, in whole or in part, not otherwise provided for, is three per cent, ad valorem. ($ 75.)

OXYD OF ZINC, Oxyd of zinc is subject to a duty of 25 cents per 100 pounds.

See Paints, supra.

BOOK III. —THE INCOME TAX.
CHAPTER 1. The Tax.
CHAPTER II. HOW AND UPON WHAT ESTIMATED.
ARTICLE 1. Local and other taxes to be deducted.

2. Income from United States securities.

3. Tax payer may make oath as to amount of income. CHAPTER III. PAYMENT OF THE TAX. ARTICLE 1. When to be paid.

2. Returns to be rendered. CHAPTER IV. PROCEEDINGS ON DEFAULT IN PAYMENT.

CHAPTER I.

THE TAX Sections 89 to 93, inclusive, embrace the provisions relating to the income tax. All previous enactments on the subject are repealed. (8 89.)

The operation of the present income tax is limited in its duration—it beginning January 1, 1862, and ceasing absolutely December 31, 1866. ($ 92.)

The rate of duty upon incomes is as follows:
On incomes under $600.................. no duty.
o over $600, and not over $10,000..3 per cent.

“ $10,000 (excepting $600)...5 per cent. Non-resident citizens, who receive income derived from property in the United States, where such citizens are not in the Government employ, must pay 5 per cent duty thereon, with the same limitations as residents are entitled to. (8 90.)

CHAPTER II.
HOW AND UPON WHAT ESTIMATED.
ARTICLE 1. Local and other taxes to be deducted.

2. Income from United States securities.

3. Tax payer may make oath as to amount of income. ARTICLE 1.-LOCAL AND OTHER TAXES TO BE DEDUCTED.

The commissioner, in his instructions to the assessors, directs that, in estimating the annual income of any person, the following deductions are to be made from the aggregate income, and the tax assessed upon the remainder:

1. State and local taxes, assessed in the calendar year preceding the assessment, to wit, from the 1st of January to the 31st of December, inclusive, next preceding.

2. Salaries of officers, or payments to persons in the service of the United States, from which 3 per cent has been deducted by the paymaster or disbursing officer.

3. Interest or dividends on stock, capital, or deposits in any bank, trust company, or savings institution, insurance, bridge, express, telegraph, steamboat, ferry-boat, or railroad company or corporation, or on any bonds or other evidences of indebtedness thereof, on which duties have been already paid.

4. Keceipts derived from advertisements upon wbich duties have been paid.

5. The rent actually paid for the dwelling-house or estate which is the residence of the person assessed.

6. The amount paid by any farmer or planter for hired labor and necessary repairs upon his farm or plantation, including the subsistence of the laborers.

7. Also the sum of $600, except in those cases in which the whole or any part of said $600 has been deducted from salaries of officers or persons in the employ of the United States.

Incomes over $10,000.-Whenever the total income of any person exceeds $10,000, and deductions are made therefrom upon the ground that a portion of such income has been subject to a 3 per cent duty upon dividends or interest paid by companies, corporations, or associations, as before enumerated, such person will be subject to a tax of 2 per cent additional upon so much of his income as may have been previously subjected to the 3 per cent duty before named. Guardians and trustees, whether such trustees are so by virtue of their office as executors, administrators, or other fiduciary capacity, are required to make a return of the income belonging to minor or other persons, which may be held in trust as aforesaid, and the income tax will be assessed upon the amount returned, after deducting such sums as are exempted from the income tax as aforesaid. The exemption of $600, under section 90 of the excise law, is not, however, allowed on account of any minor or other beneficiary of a trust, except upon the state

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