REVENUE AND TAXES. 473

reason of a relocation or rearrangement of sentences, phrases, sections or
paragraphs except so far as such change of intent shall be clearly mani-
fest. ¹

1929, ch. 226, sec. 2.
2. As used in this Article:

(1) The term "corporation" shall include association or joint stock com-
pany.

(2) The phrase "organized under the laws" shall mean formed or ex-
isting under the statute or common law.

(3) The term "foreign" as applied to a corporation or company shall
mean organized under the laws of any State (other than this State), Ter-
ritory, District, possession or foreign country, or the United States.

(4) The term "domestic" as applied to a corporation shall mean or-
ganized under the laws of this State.

(5) The word "person" shall include a corporation unless such construc-
tion would be unreasonable.

(6) The word "executor" shall include an administrator and vice versa.

(7) A partnership shall be deemed a taxable entity and shall be in-
cluded by the word "person, " unless such construction would be unreason-
able, and shall, as to its property taxable in this State, be deemed a resi-
dent of the county and/or City where its principal business in this State is
carried on, without reference to the residence of the partners.

(8) The phrase "interest-bearing" or "dividend-paying" shall, as ap-
plied to securities, respectively mean actually paying interest or dividends
during the twelve months preceding the date of finality; provided that any
securities on which interest or dividends are withheld for the purpose of

¹ Secs. 13 and 14 of ch. 226 of acts of 1929 are as follows:

Sec. 13. That if any section of this act or any provision of any section of this act,
or the application thereof to any person or circumstances, or section of the Code of
Public General Laws enacted or re-enacted or amended by this act, or any provision
of any such section or the application thereof to any person or circumstances, is held
invalid, the remainder of the act and of said section of the act or of said section of
the Code of Public General Laws and the application thereof to other persons or cir-
cumstances shall not be affected thereby; and if any exemption or exception from
any tax is held invalid, the tax shall apply without such exemption or exception.

Sec. 14. That all acts and parts of acts, whether Public General, Public Local, or Spe-
cial, and all charters or ordinances of any city or resolutions of the County Commis-
sioners, inconsistent with the provisions of this net, be and they are hereby repealed
to the extent of such inconsistency, provided that all laws, charters, ordinances and
resolutions repealed by this act shall nevertheless remain in force for the assessment
and collection of any tax levied or incurred, or the enforcement of any penalty in-
curred, or the punishment of any crime committed, prior to the first day of June,
1929; provided, further, that nothing herein contained shall affect any contract by
way of exemption from taxation or otherwise the obligation of which the State is
precluded from impairing by the Constitution of the United States. And without
limiting in any respect the generality of the foregoing language, it is hereby express-
ly declared that all state taxes for the year 1929, and all county and/or city taxes
levied or which ought to have been levied before June 1st. 1929, and all collateral
inheritance taxes in respect of any part of the estate of any decedent dying before
June 1st, 1929, shall in all respects be levied, assessed, collected and paid as if this
act had never been passed.