The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1848-04-22

stock in SAID said banks, institutions or
companies held by each OF said stock
holders; but such list need not be furnish
ed by any corporation to the levy court,
board Of commissioners or appeal tax
coult of any county or city with which
the said corporation may have made an
arrangement for the payment ofthe coun
ty or city tax on its capital stock, with
out reference to It's individual stock
holders.
SEC. II. .Ana be il enacted, That the
stocks and securities held by or for the
Use of any incorporated charitable instl-
tuition ofthis State, shall be hereafter cX-
,empt from taxation for either State, conn
tv or city purposes, to the amount OF ten
thousand dollars; plorucd that any such
institution holding property already rA-
empted from taxation shall be entitled
vnder this section to no further cHcmp-
ton than will make the total amount of
its property exempted equal IN value to
fifteen thousand dollars.
SEC. 10. and belt enacted, That it shall
be the duty of the clerks Of the several
county courts and of Howard District
court, to return to the levy court, COM
lnissioners CT appeal tax court, as the
case may be, on the first day OF March IN
each and every year, list OF all Judg-
ments and DEGREES which shall not have
been before returned, together with the
amount for which the same were obtain
ed, and the names of the persons holding
the same, in order that such judgments
and DEGREES may be assessed at their true
value by the said levy courts, commls-
sioners or appeal tax court, as the case
may be; pr0rided, that judgments obtained
on causes of action that accrued before
the first day of January, eighteen hun
dred and forty two, shall not be assessed
by said levy courts, commissioners or ap-
peal tax court, nor shall such judgments
be assessed as shall have been obtained on
any bond, note or other cause of action
already valued and assessed, and the said
clerks shall be allowed respectively, the
sum of ten cents for each judgment or
decree SO returned, to be paid by the
counties, district and city aforesaid, res
pectiveiy.
DEC >. una Ue II CHuttC0, bdI IL snail
be the duty of the registers Of wills ofthe
several counties and Howard District,
annually on the first day OF March to re-
turn to the levy courts, commissioners or
appeal tax court; as the case may be,
summary account Of all property that
shall appear by the records Of the seve-
raj orphans courts to be in the hands Of
each and every executor, ad,ninst rator
or guardian in their capacity as such,
and all such property, not before as
sessed, shall then be assessed, and every
executor, administrator, OF guardian
shall be liable to pay the taxes levied up
on any and all Of said property in his
hands, and shall be allowed by the Or
phans' court IN his accounts for all taxes
50 paid by him; and the said register of
wills for the performance of the duties
imposed by this section shall be entitled
TO receive from the several counties,
Howard District, and the city of Balt-
more, respectively, such compensation as
the levy courts; commissioners or appeal
tax court may IN each case deem proper
SEC. IA. Aaid-be ii enacted, That in all
cases where discoveries OF assessable
property are made by the levy courts,
commissioners or any body having the
power to levy taxes, either from the re-
turns of the clerks Of counties, under the
provisions ofthe seventh section of the
act of eighteen hundred and forty five,
chapter two hundred and three. and Of
the twelfth section Of this act, or from
The returns of registers Of wills under the
thirteenth section OF this act, or in any
other way, the said levy court, commits
sioners or other body shall have full pow
er TO assess said property so discovered,
and to add the same to the amount on
which the regular levy Of taxes is to be
made for the use of the State, county and
city, respectively; prorided, that in case
it shall appear by the recital OF any mort
gage returned by the clerk of any coun-
ty as aforesaid, that there is no debt due
by the mortgager to the mortgage, but
that the said mortgage was given to Sc
cure the mortgage against contingent
liability as security for said mortgagor
on debt recited in said mortgage, then
the amount of said debt shall be assessed
to the person to whom it appears to be
due, but the mortgage shall not be as
sessed on said mortgage, unless his LA
bility for said debt shall have become fix
ed before or at the time OF SAID return.
SEC. Is. And be it enacted, That when
ever any person shall make application
to the levy courts, commissioner Or APP
peal tax court, as the case may be, to
make HIM or her an allowance or deduc-
ton, ON account OF the sale transfer,
alienation, loss, destruction or removal
of any property, or the collection or
payment of any public or private securi-
tv for money, it shall be the duty of the