REVENUE AND TAXES, 1017

year shall retain sufficient funds for the payment of any taxes thereon for
such year on any assessment against him or his decedent or beneficiary
made prior to said date of finality; and in the event of failure so to do he
and his bond shall be liable for such taxes.
See notes to sec. 142.

Classification of Taxes.

1929, ch. 226, sec. 4. 1935. ch. 302, sec. 4.

4. The taxes imposed by this Article shall be divided into (1) ordinary
taxes, and (2) special taxes. Direct taxes imposed in respect of real or
personal property shall be ordinary taxes. Special taxes shall include:

(a) Tax on deposits of savings banks.

(b) Gross receipt tax.

(c) Tax on official commissions.

(d) Tax on commissions of executors and administrators.

(e) Collateral inheritance tax.

(f) Bonus tax on corporations.

(g) Tax on franchise to be a corporation,
(h) Franchise tax on foreign corporations.

(i) Excise tax on income received from foreign fiduciaries.
See footnote to sec. 141B.

ORDINARY TAXES.

On What Assessments to be Levied.

1929, ch. 226, sec. 5.

5. All ordinary State, county and city taxes shall be levied upon assess-
ments made in conformity with this Article, or upon existing assessments
until changed in conformity with this Article.

This section referred to in construing chapter 264 of acts of 1933, authorizing
Baltimore City to create Bureau of Assessments. Denhard v. Baltimore, 167
Md. 419.

See footnote to sec. 1.

What Shall Be Taxed and Where.

1929, ch. 226, sec. 6.

6. The following property, except as in the next two succeeding sections
provided, shall be subject to assessment to the owner and taxation for ordi-
nary taxes in this State and in the county and/or city specified below:

(1) All real properties in this State, by whomsoever owned, in the
county and/or city in which the same are situated.

(2) All tangible personal properties located in this State, by whomso-
ever owned, in the county and/or city in which the same are respectively
permanently located, (a) provided that rolling stock of railroads worked
by steam shall be taxed only as provided in Section 8(d); and (b) pro-