854

LAWS OF MARYLAND.

utensils, the workirig tools of mechanics and manu-

facturers moved or worked by hand, and the articles

manufactured by them whilst in their possession or

Exempt.

that of their agents unsold; wearing apparel of e very
description ; libraries for private use and not for sale;

fish at the time fishermen may be employed in

catching, salting and packing the same, or while

they remain iu their possession or that of their agents

unsold; household manufacturers ; the Masonic Tem-

ple 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 Ger-

man Protestant Orphan's Association building 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

institution of this "State, paying its taxes on its shares

Exempt

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, or real or leasehold property,

subject to taxation; public hospitals, asylums and

other incorporated literary, charitable or benevolent

institutions for the relief of the indigent or afflicted,

and the lots or land 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 benevo-

lent institutions, shall be exempt from taxation for

Proviso

State or local purposes ; provided, the whole value

of such stocks or securities held by any one 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 assess-

ment and taxation as other property in the hands of

individuals or other corporations.

SEC. 2. And be it enacted, To facilitate and expedite

Divide into
districts

the assessments of property in this State, Baltimore

city shall be divided into five assessment districts,

upon the basis of the present division of the city into

wards, whereof wards numbers one, two, three, and

four, shall constitute the first district; and wards

numbers five, six, seven, and eight, shall constitute

Baltimore city

the second district; and wards numbers nine, ten,

eleven, and twelve, shall constitute the third district;