Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1896-04-02

receipts of all steam railroads doing
business in the State, as follows:
Eighttenths of l per cent. on the
first 81 900 per mile of gross earnings
or on the total earnings. if they are less
than 81 900 per mile, and ! per cent.
on all gross earnings above 81 1000 per
mile and up to $4,000 per mile. When
the earnings exceed $4,000 per mile 2
per cent. on all earnings above that sum.
A State tax-as a franchise tax-of two
per cent. is levied on the gross earnings
of telegraph or cable, express or trans
portatlon, telephone, parlor car, sleep :
ing car, safe deposit, trust, guarantee
and fidelity company incorporated and
doing business in the State; per cent
on the gross receipts of oil pipe line
companies, title insurance companies
incorporated in the State: of l per
cent from the receipts of electric light
companies; II per cent. on electric con-
struction and gas companies incorpora
ted in this State and every fertilizer
company doing business in the State.
Railroads and pipe lines, telegraph,
express and other similar companies
partly in the State shall pay in proper.
ton to their trackage or business in the
State. All companies such as above
enumerated except fertilizer companies
are subject 10 the gross receipts tax.
Mortgages.
A tax Of 8 per cent. upon the reven-
ues of mortgages is imposed to 60 IT,
the State and / to the county or city OF
to be payable where the mortgage il
recorded. Provision is made for the
manner of collecting this tax and penal
ties provided for its evasion, the mort
gage itself being subject to sale for non
payment of taxes and all covenants b.
the mortgagor to pay the tax to be null
and void. Where the mortgagor ha
to pay the tax on existing mortgages h.
is to get credit when he pays taxes OF
the mortgaged property. The mortga'
gee must make oath that he has not ant
will not require the mortgagor to pa.
the tax.
Clerks of the Circuit Court are t
render lists of all unrealized mortgages
The Assessors.
There is to be one assessor in eacl
election district of the State to be ap
pointed by the county commissioners
The election districts are grouped int
assessment districts, for each of whic
there are two assessors at large to b
appointed by the Governor, by and wit
the advice and consent Of the Senate
One is to represent each party and t
be selected by the Governor from thre
names furnished to him by party com
mittees. These two assessors at larg
act in conjunction with the district as
SCISSOR in the several districts.
The county commissioners act a
boards of control and review. Fo
Baltimore city all the assessors are ap
pointed by the Governor. Each war
! is an assessment district and there is a
assessor for each precinct in addition
the assessors at large. There are 6 board
of control and review for the city, an
they are all appointed by the Governor
The assessors are to receive 81 day
The expenses Of assessment are to b
paid for by the city and counties respet
lively.
Instructions tor assessors are to b
prepared by the State tax commissions
and he will have proper forms of sched
ules of real and personal property prln
ted at the expense Of the State, wit
proper interrogatories for compelin
the disclosure of property.
The work of reassessment will begi
on the first Tuesday Of June next an
be completed by the first Tuesday c
September. The Governor may extern
this time to the first Tuesday of Octo
Der.
Immediatelyupon entering upon thei
duties, the assessors shall deliver or SEN
by mail to property owners form
schedule, together with notice requirin
the schedule to be filled out and file
with the assessor within twenty days
The Young
k,,co1x, ooaI bu Isooa &C