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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 971   View pdf image (33K)
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BALTIMORE CITY. 971

returned to him by the said Court, the State tax imposed for the current
year on such loans by the Code of Public General Laws. He shall make
such deductions from the installments of interest payable from time to
time on said city stock, and he shall, as soon as practicable after the first
day of September in each year, pay over such State taxes to the State
Comptroller.

The provisions of this section are rendered obsolete by Act of 1914, ch. 43.

1844, ch. 234, sec. 5. 1874, ch. 483. P. L. L. (1888), Art. 4, sec. 849. 1908, ch. 164.

154. If the City Register, shall, at any time, fail to make out and
deliver to the said Court the list of holders of said stock loans, as herein
required, it shall be the duty of the said Court to ascertain in such man-
ner as they may deem most accurate, the amount of said stock loans of
the City of Baltimore outstanding on the first day of each and every
month in which the interest on said city stock is payable in the year in
which such failure, or refusal, shall take place, and on or before the first
day of September in said year, make and deliver one copy of a statement
certified by them, showing the amount of said stock so ascertained by
them, and its assessed value to the City Register, and one copy thereof
to the State Comptroller; and the City Register shall thereupon pay the
tax aforesaid, which he is in section 153 of this Charter directed to deduct
from the interest payable on said loans, but the City Register shall not
be required to set apart and pay over the said tax on any part of said
stock loans which he may satisfy the State Comptroller by a certificate to
that effect, signed by the said Court, or by other satisfactory evidence
was held on the first, day of the month in which the interest on said city
stock was payable in the year for which the tax may become due by any
person entitled under the laws of this State to hold the same free from
taxation.

Under sections 151 to 154, city liable for State tax on its stock.

Baltimore v. State, 105 Md. 2.

(City stock exempted by Act of 1914, Chapter 43. Art. 81, sec. 7, of 1929 Supple-
ment to Annotated Code.)

155. Vacant.

1843, ch. 208, sec. 17. 1847, ch. 266, sec. 15. 1874, ch. 483, sec. 16.

156. Whenever any person shall make application for an allowance or
deduction on account of the sale, transfer, alienation, loss or removal of
any property, or the collection or payment of any public or private security
for money, the said Court shall interrogate him on oath in reference
thereto, and the disposal of the same, and especially inquire of him to
whom the same has been sold or transferred, and the amount of the pur-
chase mouey or the money collected, and how the same has been invested.
Skinner & Sons Co. v. Baltimore City, 96 Md. 32.

1847, ch. 266, sec. 15. 1874, ch. 483, sec. 17.

157. The said Court shall also interrogate the said person on oath in
reference to any acquisitions or investments made by him, and not already

 

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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 971   View pdf image (33K)
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