Section 719 - Reports by private bankers and payment of tax(a) Every private banker shall, on or before the fifteenth day of February of each year, make a return to the Department of Revenue, setting forth the full amount of his gross receipts from commissions, discounts, abatements, allowances, and all other receipts, arising from his business during the thirteen-month period immediately preceding the first day of January, one thousand nine hundred forty-eight, and during each calendar year immediately preceding such return thereafter. Every such private banker, at the time of making every return required by this section, shall compute and pay to the department the tax due to the Commonwealth upon his gross receipts, as required by law.(b) Every private banker, hereafter commencing business in this Commonwealth, whether the business be conducted by an individual, or more than one person in partnership, shall, within sixty days after commencing such business, make a report to the Department of Revenue, setting forth the name or names of the persons engaging in such business, the name under which the business is being conducted, its location, and the amount capital invested therein.1929, April 9, P.L. 343, art. VII, § 719. Amended 1937, Feb. 2, P.L. 3, § 1; 1947, June 20, P.L. 711, § 1.