116

LEVY AND COLLECTION OF TAXES. [ART. 11.

hundred dollars for the services therein required of him, the said
sums to be paid by the treasurer on the warrant of the comptroller.

PUBLIC DEBT.

Id s 95.
Treasurer to
levy State taxes
on public debt
of Maryland
liable to taxa-
tion

95, The treasurer is hereby directed to levy the State taxes on
all the public debt of the State of Maryland liable to taxation, and
owned or held by any person resident or non-resident of this State,
assessed at the following valuation: so much of the said debt as bears

Valuation, how
assessed.

an interest of six per centum shall be assessed at par, so much
thereof as bears an interest of five per centum shall be assessed at
eighty five dollars in the hundred, so much thereof as bears an
interest of four and a half per centum at eighty dollars in the hun-
dred, and so much thereof as bears an interest of three per centum
at sixty-four dollars in the hundred, which assessment shall be made
by the treasurer at the times prescribed in the next succeeding sec-
tion for the payment of said taxes.

Id s 96
How and when
treasurer to col-
lect said tax.

96. The said tax shall be collected by the treasurer, retaining it
out of the interest falling due on the first day of July in each year,
in the said portion of the public debt.

Id s 97
Public debt,
stock loans,
bonds and cer-
tificates of cor-
porations ex-
cluded from
assessment for
State taxes
42 Md 480

97. The public debt of this State, stock loans of the city of Bal-
timore, the capital stock and bonds, certificates, or other evidences
of debt, bearing interest, issued by incorporated companies or in-
stitutions of this State, shall be excluded from the assessment in
the se vel al counties and city of Baltimore, so far as relates to the
State tax, the payment of said tax thereon being hereinbefore pro-
vided for.

COMMISSIONS OF EXECUTORS AND ADMINISTRATORS.

Id s 98
Tax on com-
missions of
executors or
administrators
22 Md 116

98. 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-tenth part of the sum so allowed; and
when a legacy is left to an executor by way of compensation, such
legacy shall be reckoned in the commissions fixed by the court.

Id s 99
Within what
time Orphans'
Courts to fix
commissions
22 Md 116
45 Md 396

Tax payable
whether com-
missions
claimed or not

99. The several Orphans' Courts shall fix the commissions of
executors within twelve months from the giant of administration,
and in all subsequent accounts wherein executors shall charge them-
selves with further assets, and they shall fix such commissions in all
cases in which letters of administration have been or may hereafter
be granted, whether commissions are claimed by the executors or
not, and all commissions so fixed shall be subject to the tax imposed
by the foregoing section.

Id s 100
Within what
time executor
to pay tax.

100. Every executor or administrator shall pay said tax to the
register of wills of the proper county or city, on the passage of his
accounts, and on failure to do so, within thirty days thereafter, the
register shall notify the State's attorney of the city or county, who

Pond of execu-
tor liable

shall thereupon put the bond of such executor or administrator in
suit for the use of the State; and the said bond shall be liable there-
for as for any other default of the principal obligor.