xiii

and delivered to the State has yet been sold. A proposition
was made to this Office for the purchase of the whole amount,
but it was not accepted, for the reason chiefly, that it was
considered too low.

ASSESSMENT.

The assessed value of real and personal property in the
State, liable to direct taxation, as will appear by Statement
"H" is $286,530,838.34.

The aggregate amount of Direct taxes levied thereon, at the
rate of five cents in the hundred dollars, is $143,265.42; of
Bounty taxes at the rate often cents, is $286,530.83, and of
Public School taxes at the rate of fifteen cents, is $429,796.25.

A general assessment and valuation of property was provid-
ed for by the Act of 1866, chapter 157. Forms for a return
of the assessment were prepared at this Office, as required by
the Act, and transmitted with as little delay as possible, to
the respective Clerks of Courts and the City Register of Balti-.
more, for the use of the Assessors.

The 17th and 18th sections of the Act, provided that the
Assessors should complete the assessment, and make a return
thereof to the several County Commissioners and Boards of
of Control and Review, before the first Monday of October,
1866; but the Assessors in Baltimore city and in a few of the
counties, although they promptly entered upon their duties,
were unable to complete the same by the time limited. It
was deemed important that the work should be completed
within the time prescribed, but as the provisions of the Act
were considered merely directory, and as the work al-
ready done would have been useless, unless finished,
pleted, the Assessors were advised to complete the same: By
the 26th section of the Act, the Clerks of the respective Boards
of Control and Review and County Commissioners are
required to prepare from the Assessor's statement a summary
statement, showing the description of property assessed and
the value thereof, and to return the same to the Comptroller
before the first Monday in February, 1867. Some of these