944 FIFTY-SIXTH CONGRESS. Sess. II. Ch. 806. 1901. thereof, of the merchandise covered or pretended to be covered, and also a tax of two cents on each one hundred dollars on the face value or fraction thereof, of all stocks, bonds, or other securities covered or pretended to be covered by each and all §;Qg§gh,0, mx not of such contracts, agreements, trades, or transactions: Provided lwwto egeiupumm stm ever, That the payment of any tax imposed b this paragraph shall p€““m€S‘ not be held or construed to exempt any such person, association, copartnership, or corporation from any penalty or punishment provided by the laws of any State for carryin on such business, or the making of such contracts, agreements, trades, or transactions within such State, or in any manner to authorize the commencement or continuance of such business or the making of any such contracts, agreements, trades, or transactions contrary to the laws of such State, or in any place prohibited by municipaklaw; and on or before the first day of April, nineteen hundred and one, every such person, association, copartnership, or corporation, as aforesaid, shall, for each office or place of business an for each branch office or place of business, wherever established, pay a special tax of twelve dollars and fifty cents, and on or before the first day of July, nineteen hundred and one, and annually thereafter, for every such office or branch office, a special tax of fifty dollars, and such taxes shall be in addition to all qu*}§§é"‘}f§;‘1°‘*§f,;§; other special taxes imposed by this Act. Every person, association, brokers. copartnership, or corporation proposing to engage in or continue the business aforesaid shall, before commencing such business, file with the collector or proper deputy collector of the district in which it is proposed to carry on such business a notice in writing under oath, and in such form as the Commissioner of Internal Revenue may prescribe, stating the name of the person, association, copartnership, or corporation intendinggto engage in such business, the names of the members of any such` association or copartnership, and the names of the officers of any such corporation, together with the residences of all the individuals whose names are thus required, and the place (includingstreet number) where such business is to be carried on, and it shall be the duty of the collector of internal revenue to keep in his office a book in which shall be recorded a complete copy of all such notices, and such —b<><>k¤ <>f ¤¤¤¤¤¤¢~ book shall be open to public inspection. Every person, association, copartnership, or corporation conducting or transacting the business aforesaid shall kee or cause to be kept ]ust and true books of account, wherein shall be plainly and legibly recorded on the day of the making of every such contract, agreement, trade, or transaction a complete and exact specification thereof, including the date thereof, the other party thereto, and the quantity, price, and the gross amount in value of each article or commodity covered or pretended to be covered by ··*¤SP€°“°¤ 0*- each such contract, agreement, trade, or transaction, and such books shall at all reasonable times and hours be subject to the inspection of the collector, deputy collector, and the inspector of internal revenue or any duly authorized agent of the Internal Revenue Department, and every such person, association, copartnership, or corporation shall deliver to the other party to each such contract, agreement, trade, or transaction, at the time of making the same, a written memorandum also ’icontaining the complete and exact specification thereof, above referred to, to which the proper stamp shall be, before delivery,ai}ixed. —¤¢¤¤1W- Every person, association, copartnership, or corporation who shall, in his or their own behalf, or as agent, engage in or continue in the business hereinbefore defined without having filed the notice, herein required, or who shall fail or refuse to keep any such, book or make any return, report, or affidavit required as aforesaid, or shall make a false, fraudulent, or partial return, report, or affidavit, or shall fail or refuse to deliver a written memorandum, as hereinbefore required, or shall in any other respect violate any of the provisions of this para-
