1832 REVENUE AND TAXES. [ART. 81

holders of said stock who may be -exempt from taxation on said
stock, and shall, on or before the first day of September,
annually deliver one copy of the said, list, as corrected by them,
to the city register, and one copy thereof to the State comp-
troller, setting forth distinctly in said copies the assessed value
of the stock mentioned therein.

1888, art. 81, sec. 91. 1860, art. 81, sec. 100. 1844, ch. 234, sec. 4.
1874, ch. 483, sec. 92. 1898, ch. 123, sec. 153.

106. The city register shall retain from the interest paid on
the several city loans to the holders thereof, included in the
said corrected list returned to him by the said court, the State
tax imposed for the current year on such loans by this article.
He shall make such deductions from the instalments of
interest payable respectively on the first days of May, July and
September, and he shall, as soon as practicable after the first
day of September of each year, pay over such State tax to the
State comptroller.

Ibid. sec. 92. 1860, art. 81, sec. 101. 1644, ch. 234, sec. 5.
1874, ch. 483, sec. 93. 1898, ch. 123, sec. 154.

107. If the city register shall at any time fail to make out
and deliver to the said court the lists of holders of the said
stock loans as herein required, it shall be the duty of the said
court to ascertain in such manner as they may deem most
accurate the amount of said stock loans of the city of Baltimore
outstanding on the first day of May, July and September in
the year in which such failure or refusal shall take place, and
on or before the first day of September in said year make and
deliver one copy of a statement certified by them, showing the
amount of said stock so ascertained by them, and its assessed
value, to the city register, and one copy thereof to the State
comptroller; and the city register shall thereupon pay the tax
aforesaid, which he is in section 106 of this article directed to
deduct from the interest payable on said loans; but the city
register shall not be required to set apart and pay over the said,
tax on any part of said stock loans which he may satisfy the
State comptroller by a certificate to that effect, signed by the
said court, or by other satisfactory evidence, was held on the
first day of May, July and September in the year for which the
tax may become due, and by any person entitled under the
laws of this State to hold the same free from taxation.