REVENUE AND TAXES. 479

(2) All bonds, stocks, certificates of indebtedness or other obligation in
whatsoever form issued or to be issued by this State or any county or city
thereof.

(3) Real and personal property owned by any incorporated fire in-
surance salvage corps without capital stock which uses its property as aid
to the fire department of any county or city in this State.

(4) The property of any fraternal beneficiary association incorporated
or licensed under Article 48A of the Code of Public General Laws of this
State (1924), except real estate, chattels real and office equipment, and
shares of stock in domestic corporations and national banks the taxes upon
which are required by this Article to be paid by such corporation for ac-
count of the shareholders.

(5) Houses and buildings used exclusively for public worship, and the
furniture contained therein, and any parsonage used in connection there-
with, and the grounds appurtenant to such houses, buildings and parson-
ages and necessary for the respective uses thereof.

(6) Graveyards, cemeteries (including burying grounds set apart for
the use of any family or belonging to any church or congregation) and
cemetery companies which are not operated for pecuniary profit and which
do not accumulate profits for any purpose other than the maintenance or
improvement of their cemeteries or graveyards as cemeteries or graveyards.
To obtain the exemption from taxation allowed by this sub-section the
owner or owners of a graveyard or cemetery which do not accumulate
profits for any purpose except for the maintenance or improvement of such

cemetery or graveyard shall apply to the county commissioners of the
county in which such cemetery or graveyard may be located by a written
petition, signed and sworn to by such owner or owners, in which petition

shall be stated a brief history of the land or lands composing such ceme-
tery or graveyard, the condition of the titles thereto, from whom obtained,

at what price bought and upon what terms, and the particulars of the own-
ership of such land or lands, and its or their value or values for five years
prior to its or their conversion into a cemetery or graveyard; and no such
exemption from taxation shall be allowed by said county commissioners
unless they be satisfied that the land or lands included in such cemetery

or graveyard has been acquired for the purposes of a cemetery or grave-
yard at its or their fair value, and that the formation of such cemetery or
graveyard was a bona fide public purpose and neither directly nor indi-
rectly involved a profit to the organizer or organizers thereof.

(7) Real property purchased in the State of Maryland by survivors of
the Civil War of 1861-5 for the purpose of erecting monuments and of
laying out commemorative parks in memory of those who fought on either
side during said war; provided that no more than fifteen acres shall be

exempted for any one association.

(8) Buildings, equipment and furniture of hospitals, asylums, chari-
table or benevolent institutions and the ground not exceeding forty acres
in area appurtenant thereto, and necessary for the respective uses thereof.