THIRTY-SEVENTH CONGRESS. Sess. II. C11. 119. 1862. 471 officer of said bank, trust company, savings institution, or insurance company, respectively, that the same contains a true and faithful account of the duties which have accrued or should accrue, and not accounted for, and for any default in the delivery of such list or return, with such decla- Penalty for deration annexed, the bank, trust company, savings institution, or insurance f"‘“ltcompany making such default shall forfeit, as a penalty, the sum of five hundred dollars. Sec. 83. And be it further enacted, That any person or persons own- Duties, Sm. on ing or possessing, or having the care or management of any railroad com- l°é*‘l)l;si “`l"‘“ pany or railroad corporation, bank, trust company, savings institution, or P l insurance company, as heretofore mentioned, required under this act to make and render any list or return to the Commissioner of Internal Revenue, shall, upon rendering the same, pay to the said Commissioner of Internal Revenue the amount of the duties due on such list or return, and in default thereof shall forfeit as a penalty the sum of five hundred Ywally dollars; and in case of neglect or refusal to make such list or return as aforesaid, or to pay the duties as aforesaid, for the space of thirty days after the time when said list should have been made and rendered, or when said duties shall have become due and payable, the assessment and collection shall be made according to the general provisions heretofore prescribed in this act. Sec. 84. And be it further enacted, That on the first day of October, l¥}5¤¤¤1¤€¢<>¤¤· anno Domini eighteen hundred and sixty-two, and on.the first day of each pam€s‘ quarter of a year thereafter, there shall be paid by each insurance company, whether inland or marine, and by each individual or association engaged in the business of insurance from loss or damage by fire, or by the perils of the sea, the duty of one per centum upon the gross receipts Duty- for premiums and assessments by such individual, association, or company during the quarter then preceding; and like duty shall be paid by the agent of any foreign insurance company having an office or doing business within the United States. Seo. 85. And be it further enacted, That on the first day of October Insmauce com, next, and on the first day of each quarter thereafter, an account shall be p¤¤i<=S tv make made and rendered to the Commissioner of Internal Revenue by all in- zgilglls und" surance companies, or their agents, or associations or individuals making insurance, except life insurance, including agents of all foreign insurance companies, which shall contain a true and faithful account of the insurance made, renewed, or continued, or indorsed upon any open policy by said companies, or their agents, or associations, or individuals during the preceding quarter, setting forth the amount insured, and the gross amonut received, and the duties accruing thereon under this act; and there shall be annexed to and delivered with every such quarterly account an afiidavit, in the form to be prescribed by the Commissioner of Internal Revenue, made by one of the officers of said company or association, or individual, or by the agent in the case of a foreign company, that the statements in said accounts are in all respects just and true; and such quarterly accounts shall be rendered to the Commissioner of Internal Revenue within thirty days after the expiration of the quarter for which they shall be made up, and upon rendering such account, with such atiidavit, as aforesaid, thereto annexed, the amount of the duties due by such quarterly accounts shall be paid to the Commissioner of Internal Revenue; and for P R { d8_ every default in the delivery of such quarterly account, with such affidavit ,·,,u,?° Y m annexed thereto, or in the payment of the amount of the duties due by such quarterly account, the company, or agent, or association, or individual making such default shall forfeit and pay, in addition to such. duty, the sum of five thousand dollars.
