112

LEVY AND COLLECTION OF TAXES. [ART. 11.

nish to the county commissioners or Appeal Tax Court, as the case
may be, of the county or city where said corporation is situated, a
list of the depositors in said institution, with the amount deposited
by them at the time of the annual meeting of those bodies, for levy-
ing county or city taxes, or shall agree with the county commission-
ers or Appeal Tax Court to pay taxes on such amount of deposits
as may be agreed upon between them and the said county commis-
sioners or Appeal Tax Court, without resort to the individual de-
positors.

Id s 86
Corporations
issuing bonds
or evidences of
debt to pay tax
out of interest
due holders,
and furnish
statements.
30 Md 136.

86. The president or other proper officer of any incorporated
institution or company of this State, which shall have issued any
bonds, certificates, or evidences of debt, bearing interest, shall, on
or before the first day of July in every year, make return to the
comptroller of the aggregate amount of said bonds, certificates, or
other evidences of debt held by or belonging to residents of this
State, and pay to the treasurer on said day, out of the interest due
to the holders thereof, the State tax thereon; and shall also furnish
to the county commissioners or Appeal Tax Court of the county or
city annually, on or before the first day of March, a list of the hold-
ers of said bonds, certificates, or evidences of debt, residing in said
county or city, when such residence is known, and where the resi-
dence of the holder is unknown to the county commissioners of the
county where such corporation is situated or the Appeal Tax Court,
if situate in Baltimore city; if any such officer shall fail to per-
form the duty imposed by this section, he shall, upon indictment
and conviction thereof in the court having criminal jurisdiction, be
fined not less than five hundred dollars, and imprisoned not less than,
one month, and until this fine is paid, all bonds, certificates, or evi-
dences of debt, issued by any such incorporated institution or com-
pany in this State, shall be presumed to be held and to belong to _
residents of this State; but if the holder of any such bonds, certifi-
cates, or evidences of debt shall certify upon oath, duly administered
according to law, to the said president or other proper officer, that

In case of non-
resident holder.

said holder is the bond fide owner of such bonds, certificates, or evi-
dences of debt, and that he is a bond fide resident of any other State
or county; then such president or other proper officer shall report
the fact of such holding by such non-resident or non-residents, and
shall deduct from the amount of bonds, certificates, or other evi-
dences of debt to be taxed, all such bonds, certificates, or evidences
of debt so owned by non-residents of this State as aforesaid, and
shall not be liable for the taxes on the same.

Id s 87
Corporations to
furnish lists of
stockholders
41 Md 38;
30 Md 155.
23 Md 296.

87. The president or other proper officer of the banks, State and
National, and other incorporated institutions, in the several counties
and the city of Baltimore, shall annually, on or before the first day
of March, furnish to the county commissioners or Appeal Tax
Court of each county or city, in which any of its stockholders may
reside, a list of the said stockholders, so far as their place of resi-
dence may be known to such officer, together with the number of