REVENUE AND TAXES. 2667

judgment and discretion. Such assessors are authorized to administer
oath or affirmation to any person or officer making the returns prescribed
by the preceding section in as full and ample manner as is prescribed by
section 176 of the act of 1896, chapter 120; also to administer any affi-
davit, oath or affirmation to any person in pursuance of the execution of
their duties as assessors as may be convenient and necessary to enable
them to make the assessments or relisting of property under this article.
Said affidavits are not to be charged for. And section 175 of the said act
of 1896, chapter 120, in relation to returns to assessors, shall be applica-
ble to the relisting and assessment of personal property now or hereafter
to be made.1

An. Code, sec. 206. 1904, sec. 202. 1898, ch. 275, sec. 192C. 1902, ch. 688.

217. All acts done in any of the counties of this State in reference
to carrying out the provisions of section 215 in reference to revaluation
or relisting of personal property and the appointment of agents, assessors
or clerks in connection therewith, shall not be in any way affected or invali-
dated by sections 215 and 216, but the same are hereby ratified and all
acts done in pursuance thereof declared valid, and the appointees so made
shall, in the discretion of the county commissioners of such counties, con-
tinue without reappointment to execute their official duties under sections
215 and 216; provided, however, that nothing in said sections shall apply
to Baltimore county.1

An. Code, sec. 207. 1904, sec. 203. 1896, ch. 120, sec. 194.

218. All certificates of indebtedness issued by any individual or firm
shall be subject to valuation and assessment to the owner thereof in the
county or city in which such owners may respectively reside; and they
shall be assessed and valued according to the rate of interest therein stipu-
lated to be paid; that is to say, such of said certificates of indebtedness as
bear an interest of six per centum shall be assessed at fifty per centum of
their face value; such as bear an interest of five per centum shall be as-
sessed at forty-one and two-thirds per centum of their face value; such
as bear an interest of four and a half per centum at thirty-seven and one-
half per centum of their face value; such as bear an interest of four per
centum, at thirty-three and one-third per centum of their face value; such
as bear an interest of three and one-half per centum, at twenty-nine and
one-sixth per centum of their face value; such as bear an interest of three
per centum, at twenty-five per centum of their face value, and such as
bear an interest at a rate not named in this section shall be assessed and
valued at a correspondingly reduced valuation, if the rate of interest be
less than six per centum, and at a correspondingly increased valuation,
if the rate of interest be above six per centum, and such upon which no
interest shall be actually paid shall not be valued and assessed at all.

This section referred to in deciding that a seat on Baltimore stock exchange was
not taxable. Baltimore v. Johnson, 96 Md. 744.
See sec. 225 and notes.

1 See foot-note to sec. 215.