ART. 81.] REVENUE AND TAXES. 57

or Appeal Tax Court, without resort to the individual stock-
holders, and any corporation which shall have made any such
agreement for any year shall not be required in such year to
furnish the statement prescribed in this act, and shall not be
liable to the penalties imposed by this act, for the failure or
refusal to furnish such statement, and for the valuation and
effectual collection of the taxes assessed on the stock of banks
or other incorporated institutions held by non-residents, the
president or other proper officer of the corporation shall an-
nually on the first day of March, make out and deliver to the
County Commissioners or Appeal Tax Court of the proper
county or city, an account of stock in such corporation held by
persons not residents of this State, and the same shall be valued
at its actual cash value, to and in the name of such stockholders
respectively, but the tax assessed on such stock shall be levied
and collected from said corporation, and may be charged to the
account of such non-resident stockholder in the said corpora-
tion, and be a lien on the stocks therein held by such stock-
holders respectively.

6. In case of failure or refusal to comply with this require-
ment, the said bank or other incorporated institution shall be
liable to the penalty hereinbefore prescribed.

Passed March 10, 1864.

TAX ON EXECUTORS' AND ADMINISTRATORS' COMMISSIONS.

Chapter 372 amends and re-enacts section 106, as follows .

7. All commissions allowed to executors or administrators by
the Orphans' Courts of this State shall be subject to a tax, for
the benefit of the State, of one-twentieth part of the sum so
allowed, and where a legacy is left to an executor by way of
compensation, such legacy shall be reckoned in the commissions
fixed by the court.

8. Nothing herein contained shall be construed to release the
tax upon the commissions already fixed of any executor or
administrator to whom letters shall have been issued before the
passage hereof.

In force from March 1, 1884.