ART. 81] TAXES——VALUATION AND ASSESSMENT. 523

tions Board of public works shall advertise for sealed pro- posals. Sale to highest bidders may be made. 215. What property the board may sell. Proceedings of the board

216 May sell at private sale, if unable to obtain satisfactory public proposals. 217. Appropriation of f 500 for ex- pense of carrying this sub-title into effect.

State and County Taxes.

1896, ch. 120.

1. All State and county taxes and all municipal taxes shall be
levied upon the assessments made in conformity with the provis-
ions of this article, and in conformity with all laws relating to
revenue and taxes and not embraced in this article.

Valuation and Assessment.

1896, ch 120. 1896, ch. 143.

2. All interests, shares or proportions owned by residents of
this State in all ships or other vessels, whether such ships or other
vessels be in or out of port, are and shall be valued and assessed
for the purpose of State, county and municipal taxation to the
respective owners thereof in the county or city in the State in
which said owner or owners shall respectively reside and such
respective owners shall pay the taxes thereon. All real proper-
ties in this State belonging to any bank incorporated under
the laws of this State or of any other State, or belonging to any
national bank located in this State, or to any company or corpo-
ration incorporated by or under the laws of this State, or
of any other State, or under the laws of the United States,
or of any territory or under the laws of the "United States relat-
ing to the District of Columbia, or belonging to any joint stock
company doing business in this State, are and shall be valued and
assessed for the purpose of State, county and municipal taxa-
tion as the property of such bank, company, corporation or joint
stock company, and such bank, company, corporation or joint
stock company shall pay such respective taxes thereon. All
money belonging to residents of this State, which shall be the
proceeds of the sale of stocks, bonds or other property disposed
of for the purpose of evading and escaping taxation, all shares
or interest in any joint stock company, and all shares of stock
in any bank incorporated under the laws of this State, or any