Section 1
SECTION 1. Subsections (c), (s),and (y) of section fourteen hundred and forty-nine of the Administrative Code are hereby amended to read as follows: "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: * * * * * * * "(c) On all sales, or agreements to sell, or memoranda of sales, or deliveries, or transfer of bonds, due-bills, certificates of obligation, or shares or certificates of stock in any association, company or corporation, or transfer of such securities 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 bonds, due-bills, certificates of obligation or stock, or to secure the future payment of money, or for the future transfer of any bond, due-bill, certificate of obligation or stock, on each two hundred pesos, or fractional part thereof, of the par value of such bond, due-bill, certificate of obligation or stock, four centavos." * * * * * * * "(s) On each passage ticket, whether a single fare or return ticket, or any receipt for money paid for the passage of a person on any vessel other than a vessel belonging to the Insular Government or the Government of the United States from any port in the Philippines Islands to a port in the United States or to any foreign port: "(1) If said passage costs not more than sixty pesos, one peso and fifty centavos. "(2) If said passage costs more than sixty pesos and not more than one hundred and twenty pesos, two pesos and fifty centavos. "(3) If said passage costs more than one hundred and twenty pesos and not more than two hundred and fifty pesos, three pesos and fifty centavos. " (4) If said passage costs more than two hundred and fifty pesos, five pesos." " (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 three hundred tons, and the duration of the charter or contract is not over six months, six pesos; and for each month or fraction of a month in excess of six months, an additional tax of one peso shall be paid. "(2) If the registered gross tonnage is more than three hundred tons but not more than six hundred tons, and the duration of the charter or contract is not more than six months, twelve pesos; and for each month or fraction of a month in excess of six months, an additional tax of two pesos shall be paid. "(3) If the registered gross tonnage is more than six hundred tons and the duration of the charter or contract is not more than six months, twenty-four pesos; and for each month or fraction of a month in excess of six months, an additional tax of four pesos shall be paid."