Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-01-24

their own knowledge, and on the best information
they obtain, value the property of such person
to the utmost sum they believe the same TO be worth
in cash, and IN their returns OF said valuation they
shall certify the refusal or neglect of the owner of
such property and the county commissioners of the
county the appeal tax court of Baltimore city Us
the case may be, shall assess such person according
to the so returned, and the shall be consd
cred the assessment and if any person shall give
false partial account statement of any property
under his or her management. in his or her posses
sion with intent that the payment of the just assess
ment rate Of tax any property may be avoided,
such person shall forfeit not less than fifty
more than FIVE hundred dollars.
Provision is made for the abatement of taxes and
penalty of not over 81 900 imposed any person
removing cOnceaing his or her property to avoid
the assessment Owners of property may make aft
daVt to the value of their property and the assess
ment NAV be made thereon That for the pnrnnse Of
valuing the stock of banking and other private cor
porations held by resident stockholders it dc
cared that the stock of banking insurance or other
corporations, usually termed monied institutions
situated at the place at which the principal office for
tra1saetlng the business of such corporation is stu
ated that the stock of turnpike railroad, canal,
other improved corporation is situated at the princi
pal Office for the transaction of business shall be
tabhshed II the said Office be within the limits of the
state ana not the assessable property of such
poration shall be valued and assessed in the county
or counties in which il is situated and in the
city of Baltimore so far as is situated in
said city and that the stock of mining, manu-
featuring and other like corporations, situated ut the
place where the works of such corporations or the
greater part OF its operations shall be conducted
shall be assessed in like manner. That for the effeces
cOliecltOn OF assessed on the STOCK OF
private corporations held by non-residens the presi-
dent other proper officers of the corporations liza
BILE to valuation aud assessment, shall make out and
deliver to the assessors of the proper county or city
an account Of stock in such corporation held by per-
sons not residents of this State, and the same shall
be valued at its actual cash value to and in the name
of such stockholders respectively, but the tax as
sessed on such stock shall be levied and collected
from the said corporation and shall be charged to
the account of such resident stockholders in the
said corporation, and shall he lien on the stocks
therein held by the said stockholders respectiTels
The shall require the account of stock fur
nished, aforesaid, TO be verified by the oath or a
frmatiOn of the proper officer of the corporation
and may require that the stock books of said corpora
ton shall be opened TO them for their inspection.
The bill then sets forth the duties of the assessors
in making their returns, how they shall be made up
&c. and directs the Comptroller to furnish them with
full instructions in order to enable them to fully IN
derstand the provisions of the law. From and after
Tax Court Of Baltimore city and the clerks of county
commissioners are to meet daily for the purpose OF
showing the value 10 every person holding owning
property in said city or county, and of furnishing
such extract from said valuation any such person
may reasonably require. The county commissioners
and the Appeal Tax Court of Baltimore required
by the lst of March, 1867, and annually, TO mako an
alphabetical list of the owners of property assessed
&c. for public Inspection and to remain in session
not over thirty days from the first Monday of Jauu-
airy, 1867, to hear complaints and appeals from aG
grieYed parties and may abate or increase the
ment where necessary.
The bill contains various other details concerning
the duties of the appeal tax court, county commits
appeals to tho courts Assessors to be paid four
dollars per day for every cay actually employed, to
be paid by the respective counties and Baltimore
city. The appeal tax court are also to be paid such
sum the Mayor and City Council of Baltimore may
deem just. The act is TO take effect the first Of
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