3066 ARTICLE 81

comitatus, or shall strike or assault any person to deter or prevent his
bidding at a collector's sale, or for having bid at such sale, he shall, on
indictment and conviction thereof, be subject to a fine of not less than
one hundred nor more than five hundred dollars, and to imprisonment for
not less than two nor more than twelve months.

SPECIAL TAXES.

Franchise Tax on Deposits of Savings Banks.

An. Code, 1924, sec. 96. 1912, sec. 91. 1904, sec. 89. 1888, sec. 86. 1847, ch. 266, sec. 8.
1874, ch. 483, sec. 85. 1888, ch. 242. 1929, ch. 226, sec. 90. 1931, ch. 254.

94. E'very savings bank, institution or corporation, organized for re-
ceiving deposits of money and paying interest thereon, other than banks
having a capital stock, shall pay, annually, a franchise tax, to the amount
of one-fourth of one percentum on the total amount of deposits held by
such savings bank, institution or corporation; and it shall be the duty of
the president, treasurer or other proper officer of every such savings bank,
institution or corporation, on or before the fifteenth day of March, in
each year, to report, under oath, to the State Tax Commission the total
amount of deposits held by such savings bank, institution or corporation,
on the preceding first day of January; the State Tax Commission shall
immediately thereafter calculate the amount of franchise tax to be paid
by the said savings bank, institution or corporation, at the rate herein-
before mentioned, and shall apportion one-fourth of the same to be paid
to the Treasurer of Maryland, for the State tax, and the other three-
fourths of the same to the county in which such savings bank, institution
or corporation is situate, or to the City of Baltimore, if such savings bank,
institution or corporation be situate in said city, and shall certify the said
amount due to the State to the Comptroller of the Treasury, to be collected
as other State taxes, and the amount due to the counties in which such
savings banks, institutions or corporations are severally situate, to the
County Commissioners for such counties, respectively, and the amount due
to the City of Baltimore to the Appeal Tax Court of such city, to be
collected as other county and city taxes due from corporations are col-
lected; and the portion of such franchise taxes to which the State is
entitled, shall be payable, without interest, at any time on or before August
first of such year, provided the account is mailed by the Comptroller to the
savings bank liable therefor, on or before July first; and if the account
shall not be mailed until after July first, the same shall be payable with-
out interest, at any time within thirty days after the mailing of the ac-
count; if the portion of such tax to which the State is entitled, be not
paid on or before August first, or within thirty days after the mailing
of the account, as above provided, then the said tax shall thereafter bear
interest at the rate of one-half of one per cent, for each month or fraction
of a month; and if the portion of the tax to which the State is entitled
be not paid before the first day of December following, a penalty of five
per cent, on the amount thereof shall be added. The portion of such fran-
chise tax to which any county or the City of Baltimore is entitled, shall be
due and payable, respectively, as ordinary county and/or city taxes are due
and payable by law, and, if unpaid, shall be in arrear, and shall bear
interest as other such taxes.

Under this section, the securities in which deposits of a savings bank are invested
are not taxable. The tax on deposits is to be paid without deduction for portion of