754

LAWS OF MARYLAND.

any such officer shall fail to perform the duty im-

posed by this section, he shall, upon indictment and

conviction thereof in the court having criminal juris-

Penalty.

diction, be fined not less than five hundred dollars,

and imprisoned not less than one month, and until

this tine is paid; all bonds, certificates or evidences

of debt issued by any such incorporated institution

or company in this State, shall be presumed to be

held and to belong to residents of this State; but if

Be presumed.

the holder of any such bonds, certificates or evi-

dences of debt shall certify upon oath, duly admin-

istered according to law, to the said president or

other proper officer, that said holder is the bona, fide

owner of such bonds, certificates or evidences of

debt, and that he is a bona fide resident of any other

State or county ; then such president or other proper

officer, shall report the fact of such holding by such

non-resident or non-residents, and shall deduct from

the amount of bonds, certificates or other evidences

of debt to be taxed, all such bonds, certificates or

evidences of debt so owned by non-residents of this

State as aforesaid, and shall not be liable for the

taxes on the same.

SEC. 87. The president or other proper officer of

the banks, State and National, and other incorpo-

Shall annually

rated institutions, in the several counties and the city

furnish

of Baltimore, shall annually, on or before the first day

of March, furnish to the county commissioners or Ap-

peal Tax Court of each county or city, in which any

of its stockholders may reside, a list of the said

stockholders, so far as their place of residence may

be known to such officer, together with the number of

shares of stock held by each ; in case the president or

other proper officer of any bank or other corporation

aforesaid, fail or refuse to furnish the statement

herein required to the Appeal Tax Court or the county

commissioners aforesaid, on or before the day herein-

before specified for that purpose, then for each day

that shall thereafter elapse until the said statement

shall be furnished, the said bank or other corpora-

tion aforesaid, shall pay to the Mayor and City

Council of Baltimore or the county commissioners,

Penalty for
neglect.

as the case may be, the sum of one hundred dollars;

provided, that it shall and may be lawful for any

bank or other incorporated institution to agree in

any year with the county commissioners or Appeal