ART. 81. ] STATE TAX COMMISSIONER. 147

several counties, the city of Baltimore and other incorporated
towns of Maryland, shall annually, on or before the first day of
March, furnish to the county com missioners of each county or
the appeal tax court of Baltimore city, and the city clerk of
each city, town or village incorporated in the State of Maryland,
in which any of its stockholders may reside, a list of the said
stockholders, so far as their place of residence may be known
to such officer, together with the number of shares of stock
held by each. Said list shall show the stockholders of such
banks and other incorporated institutions as they stand on the
first day of January preceding, together with their residences
and the number of shares held by each on said date, and the
taxable value of such respective shares of stock, ascertained as
hereinafter provided, shall for county and municipal purposes be
valued to the owners thereof in the manner hereinafter provided
as of the preceding first day of January of each year, and taxes
thereon shall be collected from such banks and other incorporated
institutions in the manner hereinafter provided, as of said first
day of January. In case the president or other proper officer
of said bank or other corporation fail or refuse to furnish a
statement as herein required to the county commissioners or
appeal tax court or city clerk aforesaid, on or before the day
hereinbefore specified for that purpose, then for each day that
shall thereafter elapse until the said statement shall be fur-
nished, the said bank or other corporation shall pay to the
county commissioners, or mayor and city council of Baltimore,
or other municipal corporation, as the case may be, the sum of
one hundred dollars; and for the valuation and effectual col-
lection of taxes assessed on the stock of banks or other incor-
porated institutions, held by non-residents, the president or
other proper officer of the corporation shall annually, on or
before the first day of March, make out and deliver to the
county commissioners of the county or the appeal tax court, or
city clerk of the municipal corporation where said corporation
is situate, an account of the number of shares of stock in such
corporation held by persons not residents of this State as of
the first day of January preceding, and the same shall be valued
at its actual cash value, to and in the name of such stockhold-
ers, respectively, as of said first day of January preceding; but
the tax assessed on such stock shall be levied and collected
from said corporation, and may be charged to the account of
such non-resident stockholders in the said corporation, and