JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 755

Tax Court, to pay taxes on such amount of stock as
may be agreed upon between them, and the said com-
missioners or Appeal Tax Court, without resort to the
individual stockholders, and for the valuation and
effectual collection of the taxes assessed on the stock
of banks or other incorporated institutions, held by
non-residents, the president or other proper officer
of the corporation, shall annually, on or before the	Make out and deliver.
first day of March, make out and deliver to the coun-
ty commissioners or Appeal Tax Court of the proper
county or city, where said corporation is situate, an
account of the number of shares of stock in such cor-
poration, held by persons not residents of this State,
and the same shall be valued at its actual cash value,
to and in the name of such stockholders respectively;
but the tax assessed on such stock, shall be levied
and collected from said corporation, and may be
charged to the account of such non-resident stock-
holders in the said corporation, and shall be a lien	Be a lien.
on the stocks therein held by such stockholders re-
spectively, until paid, and in no case shall the stock
of any corporation, in the aggregate, be valued at
less than the full value of the real estate and chattels.
real and personal, held by or belonging to such corpo-
ration in the several counties and City of Baltimore,
whether the shares of said stock are quoted on the
market or not ; in caae of failure or refusal to com-
ply with this requirement, the said bank or other
incorporated institution, shall be liable to the penalty
hereinbefore prescribed ; and the president and cash-
ier, or treasurer of any such bank of other incorpo-
rated institution, failing to comply in every respect
with the provisions of this section, shall be liable to
indictment therefor, and on conviction, shall be fined	Penalty.
not less than five hundred dollars, nor more than five
thousand dollars, in the discretion of the court, and
shall stand committed until such fine is paid.
SEC. 88. Any incorporated institution, holding as
part of the investments of its capital or assets, any	Report the same in detail.
of the stock debt of this State, upon which the State
tax has been deducted by the treasurer, or shares of
stock of any bank or other corporation of this State,
upon which the State and county or city taxes are
levied and paid, may report the same in detail, under
the oath of its president, cashier, treasurer, or other
chief officer, to the Comptroller of the Treasury ;