The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1896-04-04

assessment-or $50. This $4,000 adj
ded TO the assessable basis, and taxed at SO
cents on the 500, the present rate, would
weld a revenue of $3.50. Carroll does not
get cent taxation from the Baltimore
Ohio railroad, though subjected to large ex-
pense in protecting the property and main
tanning bridges made necessary by its exist
ence in the county. Under the new law it
will derive a considerable revenue from tax
alton of its rolling stock.
"Under the provisions of the law farming
implements to the value of $500 are exempt
from taxation, and the tools of mechanics to
the value of $780, Few farmers will have
any tax to pay upon farming implements.
ssBlanks are to be furnished to taxpayers
and within twenty days after receiving them
thew must make ont schedule of all their
real and personal property, stating its value,
and make oath that the return is true. Pro-
vision is made, however, to secure absolute
secrecy upon the part of assessors as TO these
returns, and no mans assessment can be
known until it is finally passed upon by the
Board of Control and Review and placed upon
the public assessment record books.
''Under the law County Commissioners are
constituted Boards of Control and Review.
The Commissioners have the appointment Of
assessors, one for each election district, and
assessors must be property owners and tax
payers Their compensation is four dollars
a day. Counties are divided into assessment
districts, of which there will be four in Car
roll. Taneytown, UDiontown. Middleburg
and Union Bridge election districts comprise
the first assessment district; the second is com
posed of Myers, Westminster and New Wind
sor districts; the third is composed of Wool
ery's, Manchester and Hampstead districts;
the fourth is composed of Freedom, Franklin
and Mt. Airy districts.
There are to be two assessors at large fol
each assessment district, to be appointed by
the Governor, one from each of the two lead
ing political parties. In each county the
members of the Democratic State Central
Committee are TO recommend to the Governor
three persons in each assessment district for
assessors, and he must select one from among
three recommended by the members of the
Republican State Central Committee. The
committees must send in lists to the Governor
by the 10th of May, otherwise the Governor
is authorized to make his own selections.
''The assessors will meet at the county seat
ON the first Tuesday in June and enter upon
their duties and must complete their work by
the first Tuesday in September, unless the
time be extended by the Governor. The as
SCISSORS AT large in each assessment district
will act in conjunction with the district as
SCISSOR, Just rs was done under the act Of
1876"
The Mortgage Tax.
The provision of the assessment law in re
gard to taxing income from mortgages, is as
follows.
I46 'D.'' After the passage of this Ac
m
mortgage upon property in this State, theil
agent or attorney in addition to the usual oall
AS to the bona fides upon the consideration
shall take an oath to be endorsed upon the
mortgage. and to fellow Immediately after TIT
afore mentioned oath as follows: And alst
make oath upon the Holy Evangely Of
Almighty God, that he has not required the
mortgagor, his agent or attorney, or any person
for the said mortgagor to pay the tax leviet
upon the interest covenanted TO be paid, III
advance, nor will he require the same to bt
paid by the mortgagor, or any person tor HIN
during the existence of this mortgage, ant
upon the assignment of any mortgage in thi:
State. except for the purpose of foreclosure
the party TO whom it is assigned shall take
the oath in this section prescribed to be re
corded with said assignment, and no mortgage
shall be valid except as between the partie:
thereto unless the said oath is endorsed
! thereon.
146 '.E" As soon as possible after the
passage of this act, it shall be the duty OF the
clerks of the Circuit Court for the severa
counties of this State and the clerk Of the
Superior Court of Baltimore city to render IL
the boards of county commissioners of the
several counties, and the Appeal Tax Cour
of Baltimore city respectively, a complete lis
of all unreleased mortgages of record i'll thei
Offices, which said list shall give the names O
the mortgage and mortgagor, the location o
the property covered by the mortgage, the
date of its execution. the time of expiration
amount of mortgage and the rate of interes
covenanted to be paid. and thereafter sale
clerk shall render as above required, on the
first day Of each month, complete list of al
mortgages recorded, released and assigned il
their respective offices during the last month
under penalty of three hundred dollars fol
their neglect to do so, to be recovered as othel
fines are now recovered, and said clerk shall
be entitled to compensation for such work, Il
be paid by the county commissioners of Tho
several counties. and the mayor and city
council of Baltimore city as now allowed by
law for transcribing records. Should any
mortgage neglect or refuse to pay said ia,
when due. the collector of the same is hereby
authorized to seize and sell all his interest ii
said mortgage in the same manner that othe
property is now sold for taxes in the severa
counties of this State, and in Baltimore city
LAG "F.h Any mortgagor paying the tai
hereby required to be paid by the mortgage
shall at any time upon satisfactory proof O
the same in any Court of Equity of this State
be entitled to have the amount so paid, witt
interest at the rate of six per centum pc
annum, deducted from the mortgage debt.