§ MR. MARKS () Tower Hamlets, St. George'sI beg to ask Mr. Chancellor of the Exchequer whether, under the provisions of the Stamp Act, 1891, a joint stock company distributing shares to its members by way of dividend or bonus is required to stamp each transfer with the fixed duty of 10s. as on a transfer of marketable securities other than on sale or mortgage, irrespective of the market or par value of the shares transferred to each member.
§ SIR M. HICKS BEACHYes, Sir.