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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 2359   View pdf image (33K)
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1116 JOURNAL OF PROCEEDINGS [Mar. 27,

and not for sale, fish at the time fishermen may be employed
in catching, salting and packing the same, or while they re-
main in their possession, or that of their agents, unsold,
household manufactures, the Masonic Temple in the City of
Baltimore, and lot on which the same stands, and the stock
issued for the building of the same; the Bible-House, Tract-
House and German Protestant Orphans' Association build-
ing in the City of Baltimore; the bridge over the Potomac
River, between Shepherdstown and Washington county; all
judgments, notes, securities and other property belonging to
any bank or other incorporated institutions of this State pay-
ing its taxes on its shares of capital stock, all shares of the
capital stock of any Building Association, Land or Loan
Company or Corporation, of which the funds and capital
stock are invested in mortgage on real or leasehold prop-
erty subject to taxation, public hospitals, asylums, and
other incorporated literary, charitable or benevolent institu-
tions for the relief of the indigent or afflicted, and the lots or
lands appurtenant, not exceeding forty acres, with all their
furniture and equipments, libraries and scientific instruments
and stocks and securities held by such literary, charitable
•or benevolent institutions, shall be exempt from taxation for
State or local purposes; Provided, The whole value of such
stocks or securities held by any of said institutions so exempt
shall not exceed the sum of fifteen thousand dollars, and
that all the other property of such institutions shall be liable
to assessment and taxation as other property in the hands of
individuals or other corporations."

Which was adopted.

Mr. Galt submitted the following amendment :

AMENDMENT PROPOSED.
Strike out section 5.

Mr. Seth submitted the following amendment as a substi-
tute :

AMENDMENT PROPOSED.

Section 5, lines 3 and four, strike out the words "together
with the Comptroller and Treasurer of the State."

Lines 8 and 9, strike out "except the Comptroller and
Treasurer."

Which, was rejected.

The question then recurring upon the amendment pro-
posed by Mr. Galt,

Mr. Stewart, of Howard, demanded the yeas and nays.
The demand being sustained,

 

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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 2359   View pdf image (33K)
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