730

LAWS OP MARYLAND.

unless otherwise directed in the act of Assembly

levying said taxes.

SEC. 2. All property of every kind, nature and de-

All property of

scription whatsoever, within this State, including the

every kind

interest, or proportion in all ships or other vessels,
if registered in a port of Maryland, whether in or out

of port, owned by residents of this State; all debts

secured by or investments in private securities of

every kind, nature and description, except mort-

gages; all shares of stock in any bank, State or

national, or in am institution or company incorpo-

rated by or located and doing business in this State,

Investments

whether owned in this State or elsewhere; and all

investments in securities or stocks of other States or

countries, or in any incorporated institution, bank or

company incorporated in any other State, county

(or territory, held by residents of this State,) shall be

liable to assessment and taxation, except as herein-

after provided.

SEC. 3. The provisions of the preceding section

Not apply.

shall not apply to property belonging to the United

States, to this State or to any county, or incorporated

city or town in this State, to houses for public wor-

ship, including parsonages, with the grounds ap-

purtenant thereto and necessary for the use thereof;

all grave-yards, cemeteries and burying-grouncls, the

crops and produce of lands in the hands of the pro-

ducer or his agent, all shares of capital stock of

building associations of which the funds and capital

stock are invested in mortgages on real or leasehold

property, subject to taxation to the extent of such

investment, private libraries not kept on sale, pro-

visions for the use and consumption of the persons

to whom the same shall, belong, and his family,

plantation utensils, the working tools of mechanics

and manufacturers moved or worked exclusively by

hand, and the articles manufactured by them whilst

in their possession or that of their agents unsold,

Not apply

wearing apparel of every description, fish at the time
fishermen may be employed in catching, salting and

packing the same," or while they remain in their pos-

session 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