Page:United States Statutes at Large Volume 32 Part 1.djvu/688

622 FIFTY-SEVENTH CONGRESS. Sess. I. Ch. 1352. 1902. oltherwise, alpd ahgatdpurchzses, sells, pr negotiates for otl{)ersksecurities, s ares, stoc s. n , exc ange, bu lion, coin, money, an notes, or promissory notes, or that deals in futures on market quotations of prices or values on merchandise, shares, stocks, bonds, or other securities. or accepts margins on prices or values of said shares, stocks, _ bonds, merchandise, or securities, shall be deemed a general broker: {§',§’§§§'{,’,g¤,,, Stock Provided, That the Washington Stock Exchange, through its presi- E*°h¤¤¤°· gept oi;) treasurer, shsgll p;y tohtheipoggctiokr of taxes of the District of um ia a sum e ua to ve un e o rs er annum in lieu of tax on the members thereof for business done on adiid exchange: Prrwided ,,,’§§§‘,,*f,,‘§ °f °‘“°' furt£¢ew·, That any broéaer who is a member of a regularly organized ` stoc exc ange locate outside of the District of Lolumbia an transacting a brokerage business therein, shall pafv a sum equal to one hundred dollars per annum to the collector o taxes of the District of b_l§;j°P“°“ " ‘° Columbia: Aml be it further provided, That if any person or firm ` shall have paid the tax in this section provided for ban s and bankers, such person or firm shall not again be taxed asa broker or brokers. N°‘° *’*’°"°”· PAR. lg}. Note brokeiés shall pay atax of one hundred dollars per and num. very erson, rm, com uy, or association not incoi rate (except privatd) banks and bankgiis) that loans money on proii)1(issory notes without real estate or collateral security or advances money on _ pretrsoriaglpripgpeidy as (pecuriéy Evithiout rgyssesplizcgi olfh said personal prlppii · .v _ e s eeme ano e ro er: avi , at exception s a ¤¤9>(i?mu c mm be irnade of cooperative associations whose business is restriiited to the members of such association. - _ b·*;*Qg¤*g;* °‘ ‘°* °° Pan. 17. The taxes for said private banks and bankers, general 'brokers, and note brokers shall be paidto the collector of taxes of the District of Columbia, and shall date from the first day of July in each Dm- year and expire on the thirtieth day of June following. Said taxes shall date from the iirst day of the month in which the liability begins, P - ’_ and payment shall be made for a proportionate amount. _ _ ¤m;’}’*l*¤' ‘°' “°l”· hPAR. 18. .inylrl;ersor;)prtpersons yiolating any of dthe provfionls og t is section s al e lia e o a ena t of not excee in `ve un re dollars for each offense, said pdhaltyjto be imposed, ugon conviction in the police court of the District of Columbia, as other iincs and penalties are imposed, and said court is hereby invested with jurisdiction thereof; and in default of the payment of said enalty the person or persons spicouvicted ship] be imprisoned, in the discretion of the court, not excee in six mont s. pQQ,Qf’“'· °"`·· "" 19. Egat tlie C0lILHll§SlC1DGI‘l2l0(`§ the District of Columbia be, an they are ere iy, authorize an irecte to a oint a clerk and assistant clerk to said board of personal-tax appraiggrs at annual salaries of one thousand four hundred and one thousand dollars each, and three inspectors at annual salaries of one thousand two hundred dollars each, all of whom shall perform such duties as may be assigned to APP"*P’*°'l"¤· them by the chairman ol;] sai;} Koardl; and to pity the salaries of the two assistant assessors, the c er an assistant c erk to said board of personal-tax appraisers, and the three inspectors aforesaid for the fiscal year beginning July first, nineteen hundred and two, and six thousand dollars for books, stationery, printing, means of transportation, and other incidental expenses, including the hire of temporary clerks, not to exceed one thousand dollars, the sum of eighteen thousand dollars is hereby appropriated. License taxes. _*l°<¤¤ll‘*f <•¤ F¤·‘=¢i· Sec. 7. That no person shall en age in or carr on any business, ned1mi""?` trade, profession, or calling in the District of Columbia for which a license tax is imposed by the terms of this section without having iirst Applicmon. obtained a license so to do. Applications for licenses shall be made to the assessor of the District of Columbia, and no license shall be granted