The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1845-04-19
LAW OF MARYLAND.
NO. 23l.
[BY AUTHORlTY.l

OF lNe dcI. taseeu az uluICh SeFsloiJ
iS4l, chapter 23."
Section l Be II enacted BY tie Gene
raj Assembly Of Maryland, That an an-
nual tax, for the use of the State, Of TWEEN |
ty FIVE cents, or one fourth of one per |
centum, be and the same ia hereby i'm
posed, on every hundred dollars worth Of
the stock loans Of The city Of Baltimore,
according TO the assessed and corrected
value thereof.
Sec. 9. And be Il ends.ed, That it shall
be the duty Of HE Register OF The City Of
Baltimore, within one month after the
frs, day of April next, AID within one
month, after the frs! day OF Apri! annually
thereafter, to make out and deliver 10 the
Appeal Tax Court for the City Of Bali
more. fall and accurate lis, Of the hol
dsrs of the Stock Loans OF said City on
,he FIRST cay of April, in tbs year, for
which said LISTS made, showing The sever
al amounts held by the said stockholders
respectively.
Sec. 3. And be it enacted, Tha. he said
Aope.l Tax Court shall in each and every
wear carefully examine the said lat. de-
iivesed to them by The said Register, IN
der The preceding section OF !hls law, and
cortsc. the same, by striking out there
from, al! the holder; Of seid stock, who
may be exempt f;om taxation on said
stock, under the !ass Of this State; and
the said Appeal Tax Cour, shall annually,
on or before the frs, day Of June, deliver
one copy OF the said list, as corrected by
them, to the said Register, ind enc copy
thereof 10 the Treasurer of Maryland, and
the said Appeal Tax Court shall also dis
tincsly se. forth in each Of said copies, the
assessed value OF tie stock mentioned
therein.
Sec. a And be it enacted, That it shall
be the duty Of The said Register, on the
first day c! Jolly, in each and every year,
after the passage Of this ACT, to set apart
and nav over to the Treasurer OF This
State, out of the funds in his hands, for
paymen. oe,he interests, becoming annu>
ally due and payable on the first day of
july, on the said stock loan OF the CITY OF
Baltimore, the amount Of the tax imposed
by. and due under this act, on oil thai
par, of said stock loan, included in The
said corrected list, returned to him by the
Appss, Tax Court, snd it shall also be
the duty Of the aaid Register, or Of such
such other officer or officers ofsaid City,
as may be charged with the duty of pay
ing said interest, to deduct from the in
tercs, due and payable on said first day
of July annually, TO each and every hol-
der or holders of all that Fart OF said
stock loan, included in said corrected
list, his. her, or their respective proper
tons Of the amount. retained, and unpaid
to the Treasurer as aforesaid.
Sec. S. Be it enacted, That if the said
Register shail at any time fail or refuse
10 make out and deliver TO the Appeal
Tax Court, the list of bolders of the said
stock loan as required by this act, it shal
be The duty of the SAID Appeal Tax Oourt
to ASCERTAIN in such manner, as they may
deem most accurate and satisfactory, the
amour, of the said stock loans OF the si,y
of Baltimore, outstanding on the first day
of April, of the year, in which such failure
or refusal shall take place, and on or be-
fore the FIRST dsy of June in said year, to
make out and deliver one copy of states
ment certified by them, showing the a.
mount Of said stock 90 ascertaine by
them, and its assessed value, to the
raid Register, and one copy thereof
to the Treasurer of the Stale; and
it shall be the duty of said Register to set
apart aud pay over to the Treasurer Of
tho State, the amount Of tax due under
the first section Of this law, on the whole
of the said stock loan included in said
statement, at the same time, and in the
ssme manner in every respect, as he is
herenbefore directed to set apart and pay
over ths tax, on that part Of said stock
loan, which may be included in any cor
rec.ed list of stockholders, delivered to
him by the Appeal Tax Court, by virtue
Of this act; Provided, that the said Reg!s>
ter shall not be required to set apart and
pay over as aforesaid, the said tax, on
any par. of said stock loans, which he
may satisfy The Treasurer, by certificate
to that effect, signed by the Appeal Tax
Court, or by other satisfactory evidence,
was held on the first day Of April, in the
year for which The said tax may become
due, by any person or persons, corporation
or corporations, entitled under the laws
of this Stale, to hold the same free and
exemp. from State taxation.
Sect. g. And be it enacted, That for the
performance of the duties imposed upon
them by this act, each member of the APP
peal Tax Court shall receive annually ou,
Of the Treasury af this State the sum Of
fifty dollars, and the Register of the City
Of Baltimore to be paid in like manner the
sum Of three hundred dollars, which sums
the Treasurer Of this State is hereby d.
rected TO pay each Of said officers respec-
lively on the first day Of January in each
year, during the continuance OF this Act,
commencing on the first day of January
e Ii oE II.