xviii REPORT OF THE

ject that Company to the payment of a like proportion of its receipts
from passengers between Baltimore and Washington.

If this is not done, it is certain, that from the time when the
Baltimore and Ohio Rail Road Company settles and pays into the
Treasury its regular taxes as imposed by existing laws, the imposi-
tion of this special tax should cease.

Justice requires that no inequality of taxation should bo suffered
to exist between the two Companies. While, therefore, I am clear
in the conviction that the Baltimore and Ohio Rail Road Company
should he compelled to pay such taxes as are required by law of
other Rail Road Companies, I do not think that any unjust discrimi-
nation ought to be made against it. I therefore recommend such
legislation as will put the two roads on a perfect equality in
this respect.

Of the amounts due from Clerks of Courts and Registers of Wills,
at the end of the fiscal year, nearly all that is collectible, has been
paid since the close of the year.

NATIONAL BANKS.

All the National Banks in the State are now paying their State
taxes under the Act of 1874. All those also in arrears for State
taxes for past years, have compromised and settled the same, with
the exception of the Central Bank of Baltimore, which has been
removed from the State and against the stockholders of which, pro-
cess is still pending, and the First National Bank of Cumberland
which claims to have paid its State taxes for former years to the
Collectors. The amount recovered during the fiscal year for arrears
of State taxes from, different National Banks under the Act of 1874,
ch. 499, Section 9, was $89,505.18, and is given in detail in Table No.
18, and in addition to this amount, the Second National Bank of Cum-
berland has made its settlement since the close of the fiscal year.
As soon as possible after the returns made by the Cashiers of the
National Banks under that Act, had been received, I conferred with
the County Commissioners in the several counties, and with the Ap-
peal Tax Court in the City of Baltimore, in regard to the assess-
ment of the stock of said Banks in the hands of the stockholders, and
afterwards caused printed blanks to be furnished them for making out
the bills of taxes against said stockholders, and furnished the County
Commissioners in the several counties with the valuations of said
stocks for each of the years for which they were in arrears, as made
by the Appeal Tax Court in Baltimore City, and the County Com-