ART. 81] RAILROAD ROLLING STOCK—RAILROAD MORTGAGES. 1879

1896. ch. 140, sec. 199.*

208i For the purposes of county and municipal taxation,
the total assessment and valuation of rolling stock of railroad
companies made in the assessment district in which is the
legal situs of said rolling stock, aa defined by section 198,
shall be divided among the counties and the city of Baltimore
in proportion to the mileage of the railroads located in such
counties and city, respectively, and the provisions of section
198 in so far as the same are in conflict with the provisions of
this section are hereby expressly repealed, and for the purpose
of making the apportionment and division aforesaid of said
rolling stock mentioned in section 198 according to such
mileage, the several boards of control and review of the respec-
tive counties and of the city of Baltimore shall, as soon as
they shall have completed the assessment thereof, report to
the State tax commissioner the total assessment or valuation
of the rolling stock of said railroad companies, so made in
their respective counties and in said city, and the assessment
district in which is the situs of said rolling stock, as defined
by said section 198, and the said tax commissioner shall there-
upon forthwith make the apportionment or division aforesaid
of such total valuation among the several counties and the city
of Baltimore according to the mileage therein, respectively, of
such railroads, and after having made such apportionment or
division thereof, he shall certify to the respective boards of
county commissioners of the several counties and to the appeal
tax. court of Baltimore city, the amount of the proportion of
the valuation of such rolling stock to which each such county or
the said city is so entitled; and such proportions, respectively,
shall thereafter be valued and assessed for purposes of taxation
in such respective counties or said city, subject to the right of
appeal as in other cases in this article.

Ibid. sec. 200. +

209. It shall be lawful for any railroad company or other
corporation, in executing a mortgage on property located in
this State, for the purpose of securing the payment of bonds
issued by such corporation, to covenant in such mortgage to
pay the taxes levied upon such mortgage, or the bonds secured
thereby, or on the interest payable thereon; and in such cases
the oath prescribed in section 186 shall not be required; pro-
vided, however, that nothing contained in this section shall be
held or construed to waive, release or otherwise interfere with

*This section should have been numbered 168,
+ This section should hare been numbered 199