Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1848-04-27


this State, which shall receive deposits and give
therefor certificates of deposte bearing interest to
finnish to the Treasurer of Maryland on the first
dav of July, in each and every year. the aggregate
amount of deposites in such corporation, and to pay
over to the said Treasurer on said day, out OF the
interest due to the deposors, the State tax on sad
certificates and said President other officer shall
in like manner furnish to the commissioners, levy
court or appeal tax court, the case may be, OF
tho county district or city, in which said institution
or cor,oraton is situated, list OF the depostors III
said institutions or corporations respectively, with
the amounts deposited by them al the time OF the
animal meeting of those bodies Tor levying county
taxes or shall agree with the SAID commissioners,
levy court appeal tax court as .1e case may pe,
70 y, the taxes on such amount of deposits may
he aGreed upon between the said commissioners
low court or appeal tax court, without resort to
the individual deposltors
Sec g. find be it enacted That it shall be the du-
tv of the president other proper officer OF any m
corporated institution or company OF TINS state,
which shall have issued any bonds, certificates or
other evidences of debt bearing interest, tor any
loan contracted by them, on the first day OF July IN
every year to make return to the Treasurer OF Ma
rvIand of the aggregate amount of SAID bonds, GER
tcates or other evidences of debt, and to pay over
to the said Treasurer, said day, out of the lnte
rest due to the holders of the said bonds certificates
or other eviderces of debt the State tax thereon,
and said president other officer shall IN like man
ner furnish to the commissioners, levy court or APP
peal tax court as the may be, OF the county,
district or city, in which said corporation IS situated
list of the holders of the said bonds, certificates, or
other evidences of debt at the the time OF the annu-
al meeting Of those bodies for leyying taxes.
Sec. 10. find be it enacted, That it shall be the
duty of the president other proper officer OF the
banks and other incorporated institutions in the Sc
veral counties and Howard District and the city OF
Baltimore and they hereby directed to furnish
annually on the first day of March to the levy court
or commissioners, appeal tax court OF each coun-
ty district city in which any of its stockholders
may reside list of the said stockholders respective
w. so far as the place of their residence may be
known to said president other officer aforesaid,
together with the amount of stock in said banks,
institutions or companies held by each Of said stock
loders but such list need not be furnished by any
corporation to the levy court, board OF COMMISSION
ers or appeal tax court ofany county or city with
the said corporation may have made an arrange
ment for the payment of the county or city tax on
it's capital stock without reference to It's Individual
stockholders.
Sec. H. ind be it enacted, That stocks and secu-
rites held by for the of any incorporated cha
ritable institution of this State, shall be hereafter
exempt from taxation for either State, county or
city purposes to the amount OF ten thousand dol
| lars: prorided that any such institution holding
property already exempted from taxation shall be
entitled under this section to no further exemption
than will make the total amount oft property ex-
empted equal in value to fifteen thousand dollars
Sec. 10. find be 1t 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 commissioners appeal tax court as the case
may be- on the first day of March in each and every
year list of all judgments and DEGREES which shall
not have been before returned, together with the
amount for which the same were obtained, 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 commissioners
appeal tax court, as the case may be- prorded, that
judgments obtained of action that accrued
before the first day of January, eighteen hundred
and forty-two, shall not be assessed by said levy
courts, commissioners appeal tax court, nor shall
such judgments be assessed as shall have been OBJ
tanned on any bond, note or other cause of action
already valued and assessed, and the said clerks
shall be allowed respectively the of ten cents
for each Judgment or decree returned to be paid
by the counties, district and city aforesaid, respec-
lively.
| Sec. 49, find be ii enacted That it shall be the
duty of the registers of wills of the several counties
and Howard District, annually on the first day of
March to return to the levy courts, commissioners
or appeal taS court, as the may be, summary
account of all property that shall appear by the re-
of each and every executor, administrator or guar
dian in their capacity as such, and all such proper
tv if not before assessed shall then be assessed. and
every executor administrator or guardian, shall be
| liable to pay the taxes levied upon any and all of
said property his hands, and shall be allowed by
the orphans court in his accounts Tor all taxes so
paid by him; and the said register Of wills ter the
performance of the duties imposed by this section
shall be entitled to receive from the several coun-
ties, Howard District, and the city of Baltimore,
respectively, such compensation as the levy courts
commissioners or appeal tax court may in each case
! deem proper.
Sec. a. find be 1t enacted That in ali cases where
discoveries of assessabc property are made by the
levy courts commissioners ar any other body hay
inc the power to levy taxes either from the returns
f the clerks of counties, under the provisions OF
the 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 re-
turns of registers of wills under the thirteenth sec
ton of this act, in any other way, the said levy
court. commissioners or other body shall have full
power 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 mortgage re-
turned by The clerk of any county as aforesaid that
there is no debt due by the mOrgagor to the mort
gacee but that the said mortgage was given 10 Sc
cure the mortgage against contingent liability as
security for said mortgagor on debt reced in SAID
mortgage then the amount OF sad debt shall be as
scssed 10 the person to whom it appears to be due,
but the mortgage shall not be assessed on said
mortgage, unless his liability Tor SAID debt shall
have become fixed before at the time OF said re-
turn
| Sec. Is. find be 1t enacted, That whenever any
person shall make application to the levy courts,
commissioners or appeal tax court, as the case may
he. to make him or her allowance or deduction,
on account of the sale, transfer alienation reno
val of any property, or the collection or payment of
any public or private security for money, it shall
be the duty of the said levy courts, commissioners
or appeal tax court, to nterrogate such person on
oath in reference to the said property security,
and the disposal of the same and especially to
quire him or her to state to whom sald property has
money, or the money collected and paid, and how
the same has been invested and it shall also be the
duty of said levy courts, commissioners or appeal