ART. 81.] STATE TAX COMMISSIONER. 1269

1882, ch. 342.

143. The president, or other proper officers of every corpora-
tion actually engaged in the business of manufacturing in the
city of Baltimore, or in any county where the tools and ma-
chinery of manufacturers have been exempted from county taxa-
tion, in addition to the return provided to be made by the
preceding section, shall furnish to the appeal tax court of Balti-
more city, or to the county commissioners of such county, a true
statement of the mechanical tools, whether worked by hand or by
steam, or other motive power, and of any machinery, manufac-
turing apparatus, or engines owned by such corporation and
actually employed and used in the business of manufacturing in
said city or county; and the property so returned shall be valued
and assessed by said appeal tax court, or by the county commis-
sioners; and the said appeal tax court or county commissioners
shall give duplicate certificates of such valuation to such presi-
dent, or other officer, who shall transmit one of such certificates,
with his return, to the State tax commissioner; and the State tax
commissioner, in addition to the valuation which he is required
to make for State taxation, shall make a further valuation of the
stock of said corporation, by deducting from the value of each
share, as assessed for State taxation, the proportionate amount of
the value of tools and machinery, as assessed by the said appeal
tax court or county commissioners; and the valuation of the
shares thus determined shall be that for all shares taxable in the
city of Baltimore for city taxes, if the said corporation is located
in Baltimore city, or for the county taxes, if the county wherein
the corporation is located has exempted manufacturers' tools and
machinery from taxation.

Con Gas Co v. M. & C. C., 62 Md. 589.

1878, ch. 178.

144. As soon as the State tax commissioner shall have valued
and assessed the shares in the several banks and other corpora-
tions 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