ART. 81.] PAYMENT OF TAXES BY CORPORATIONS. 123T

~be paid by the said savings bank, institution or corporation, at
the rate hereinbefore mentioned, and shall apportion one-fourth
of the same, to be paid to the treasurer of Maryland, for the
State tax, and the other three-fourths of the same to the county
in which such savings bank, institution or corporation is situate,

•or to the city of Baltimore, if such savings bank, institution or

•corporation be situate in said city, and shall certify the said
amount due to the State, to the comptroller of the treasury, to
be collected as other State taxes, and the amount due to the

•counties in which such savings banks, institutions or corporations
are severally situate, to the county commissioners for such coun-
ties respectively, and the amount due to the city of Baltimore,
to the appeal tax court of such city, to be collected as other
county and city taxes due from corporations are collected; and
such franchise taxes, as so apportioned, shall be due and payable
respectively, as other State, county and city taxes are due and
payable by law, and, if unpaid, shall be in arrear, and shall bear
interest as other such taxes; and no other tax shall be laid on
'such bank, institution or corporation, in respect to such deposits,
but the real property of any such savings bank, institution or

•corporation, shall be liable to assessment and taxation as other
real property belonging to other corporations in this State; any
president, treasurer or other proper officer whose duty it is, by
the terms of this section, to make the report herein required,
who shall make a false report with intent to avoid taxation, or
who shall fail, neglect or refuse to make such report, shall be
subject to indictment therefor, and, if convicted, shall be fined
not less than fifty dollars nor more than five hundred dollars, in
the discretion of the court having jurisdiction in such case.

State v. Stirling, 20 Md. 517. State v. Central Savings Bank, 67 Md. 290.

P. G. L., (I860,) art. 81, sec. 96. 1847, ch. 266, sec. 9. 1874, ch. 483, Bee. 86.
87. 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 the 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