ART. 81] MODE AND MEASURE OF ASSESSMENT AND TAXATION. 569

conferred by this article, which are hereby intended to be made
and are made full and ample for that purpose, and said listing
shall also be made every six years thereafter. All the penalties
and requirements prescribed in this article, both as to owners of
property and assessors or clerks appointed by the respective
boards of county commissioners and the said board themselves,
whether sitting to hear appeals or otherwise, shall be in force
and apply to all assessments and valuations made by said assessors
or county commissioners at any time under this article, and par-
ticularly to the listing of personal property in the year nineteen
hundred and two, and every six years thereafter, so far as the
same may be applicable and practicable. There shall always be
an appeal to the board of county commissioners from the acts of
all assessors or agents appointed by them hereunder, or others
' authorized to act as assessors under the laws of this State.

1896, ch. 120. 1896, ch. 143.

194. All certificates of indebtedness issued by any individual
or firm shall be subject to valuation and assessment to the
owners thereof in the county or city in which such owners may
respectively reside; and they shall be assessed and valued accord-
ing to the rate of interest therein stipulated to be paid; that is
to say, such of said certificates of indebtedness as bear an inter-
est of six per centum, shall be assessed at fifty per centum of
their face value; such as bear an interest of tive per centum,
shall be assessed at forty-one and two-thirds per centum of their
face value; such as bear an interest of four and a half per centum.
at thirty seven and one-half per centum of their face value; such
as bear an interest of four per centum, at thirty-three and one-
third per centum of their face value; such as bear an interest of
three and one-half per centum, at twenty-nine and one-sixth per
centum of their face value; such as bear an interest of three
per centum, at twenty five per centum of their face value, and
such as bear an interest at a rate not named in this section shall
be assessed and valued at a correspondingly reduced valuation, if
the rate of interest be less than six per centum, and at a correspond-
ingly increased valuation, if the rate of interest be above six per
centum and such upon which no interest shall be actually paid,
shall not be valued and assessed at all.