258 REVENUE AND TAXES. [ART. 81.

1864, c. 199 amends and re-enacts section 46 as follows:

1804, c 100 Deductions on payment of taxes.

46. All persons and incorporated institutions that shall pay their state taxes on or before the first day of September, of the year for which they were levied, shall be entitled to a deduction of five per centum on the amount of said taxes; all that shall pay the same on or before the first day of October, of the said year, shall be entitled to a deduction of four per centum ; and all that shall pay the same on or before the first day of November, of the said year, shall be entitled to a deduction of three per centum ; and at the time of receiving said taxes the collector shall make the deduction aforesaid, and note the same upon the receipts given to the persons or incor- porated institutions so paying; but nothing herein contained shall extend to the taxes payable on the public debt of Maryland, or the stock loans of the city of Baltimore; nor shall anything herein con- tained extend to the taxes on banks, savings insti- tutions or incorporated institutions issuing bonds, &c., mentioned in section ninety-three, section ninty- five and section ninety-six of this article, but said banks, savings institutions and corporations shall pay the taxes mentioned in said sections in the manner and at the times therein prescribed without deduction. In force from June 1, 1864.

1862, c. 133 amends and re-enacts section 62 as follows:

1802, c 133 Redemption of real estate sold by collector

62. Whenever real estate shall be sold by a col- lector, the owner thereof may redeem the same by paying to the purchaser thereof, within the period of two years from the date of such sale, the amount of the purchase money, with interest thereon at the rate of fifteen per cent, per annum from the date of the sale. In force from March 3, 1862.