126

LEVY AND COLLECTION OF TAXES. [ART. 11.

Id s 152
Returns to
comptroller

143. As soon as the State tax commissioner shall have valued
and assessed the shares in the several banks and other corporations
in this State, he shall certify and return the said valuation to the
comptroller of the treasury, who shall at once proceed to notify the
president, cashier, or other proper officer of such banks or other
corporations of the said valuation and assessment of their shares
respectively, by transmitting to such president or other officer, an
account of the State taxes due from such bank or other corporation
under such valuation and assessment, by mail, under cover, fairly
directed to such president or other officer, and shall note in a book
the date of placing in the mail the envelope or cover containing

Appeal

such account If no appeal be taken within thirty days from such
transmission, the said valuation and assessment shall be final, but
any such bank or corporation may within thirty days after such
notification, appeal from such valuation to the comptroller of the
treasury and State treasurer, stating in such appeal the reasons and
grounds of such appeal, and said comptroller and treasurer shall
consider the same, and if the comptroller and treasurer shall both
be of the opinion that such valuation and assessment so made by

Correction of
assessment and
valuation

the State tax commissioner is erroneous, and ought to be changed,
they shall change the same accordingly, and the valuation and as-
sessment so agreed upon by the comptroller and treasurer shall be
final, but if either the comptroller or treasurer shall agree with the
State tax commissioner as to the correctness of the valuation so
made by him, then such appeal shall be dismissed, and the original
valuation shall be and remain as the true valuation of such shares,
and all laws or parts of laws inconsistent with the provisions of
these sections are hereby repealed.

GROSS RECEIPTS OF RAILROADS.

1874, c 408, s 150
State tax on
gross receipts of
railroads.

144:, A State tax of one-half of one per centum is hereby levied
annually, upon the gross receipts of all railroad companies worked
by steam, incorporated by or under the authority of this State, and
doing business therein; and the said tax shall be due and payable

What excepted
45 Md 801
44 Md 131

at the treasury, on or before the first day of March, in each and
every year, provided that the gross receipts of the Washington
Branch of the Baltimore and Ohio Railroad shall not be so taxed,
so long as said road is required to pay one fifth of its receipts from
passengers on said branch road

Id s 151
When officer to
report to comp-
troller gross re-
ceipts and earn-
ings

145, It shall be the duty of the president, treasurer or other
financial officer of every such railroad company, on or before the
first day of February in each and every year, to report in writing
under oath to the comptroller of the treasury, the total gross receipts
and earnings of the company of which he is such president, treasurer
or officer, from all sources, for the year ending on the preceding
thirty-first day of December; and said report shall be made out in
detail, as stated on the books of said company; and it shall be the