ART. 11. ] LEVY AND COLLECTION OF TAXES.

they shall also at any time, when so directed by the State tax com-
missioner, with the concurrence of the attorney-general (signified
by his opinion in writing), correct the assessment of the property
in the respective counties and in the city of Baltimore, by striking
therefrom any property which they shall be instructed by the said
tax commissioner and attorney-general is not subject to taxation
under the laws of this State or of the United States.

125

141. At the time of making the returns of stockholders to the
county commissioners and Appeal Tax Court, as required by law,
the president or other proper officer of every bank or other incorpo-
rated institution, shall furnish to the county commissioners of each
county in which such bank or other incorporated institution shall
own and possess any real property, and to the Appeal Tax Court of
Baltimore City, if such bank or other incorporated institution shall
own and possess any real property in said city, a true statement of
such real property situate or located in such county or city; and
such real property shall be valued and assessed by said county com-
missioners and Appeal Tax Court respectively to the said bank or
incorporated institution so owning the same, and said county com-

Id s 151
Statements to
be furnished
county commis-
sioners, etc, by
corporations.

missioners and Appeal Tax Court shall give duplicate certificates of
such valuation and assessment to such president or other officer,
who shall transmit one of such duplicate certificates with his return
to the State tax commissioner, and State, county, or city taxes
shall be levied upon and paid by such bank or other incorporated
institution on such assessment, in the same manner as the same are
levied upon and paid by individual owners of real property in such
county or city.

Certificates of
valuation and
assessments

142. The State tax commissioner shall deduct the assessed
value of such real property, according to the certificates so furnished
to him from said county commissioners and Appeal Tax Court,
from the aggregate value of the shares of capital stock of such
bank or incorporated institution, and when the valuation and assess-
ment of the shares of capital stock of such bank or incorporated
institution shall have been finally determined and made for State
purposes, the State tax commissioner shall certify to the county
commissioners of each county where any of. the stockholders may
so reside, and to the Appeal Tax Court of Baltimore City, if any
of such stockholders reside in said city, the assessed value of such
shares of stock after deducting the assessed value of such real
property as aforesaid; the shares of stock held in such bank or in-
corporated institution owned by residents of this State, shall; for
county or municipal purposes, be valued to the owners thereof in
the county or city where such owners respectively reside; but the
taxes assessed for State, county, or municipal purposes, shall be
collected from such bank or incorporated institution, and when so
paid, may be charged by such bank or incorporated institution to
the account of such stockholders respectively.

Id s 151.
Duties of tax
commissioner.