2032 LAWS OF MARYLAND. [CH. 838

191F. All persons resident and all property situated within
the territory which, by this Act, is annexed to the Town of
Pocomoke City, except such property as is hereinafter ex-
empted, shall become subject to taxation for local town pur-
poses beginning with the town levy to be made for the year
1948. The territory annexed to the Town of Pocomoke City
by this Act is hereby declared to be a taxing district, and the
Mayor and Council of Pocomoke City shall have full power to
assess, levy and collect within said taxing district any and
all taxes whatsoever which it has or shall be authorized to
assess, levy or collect within the taxable limits of the Town
of Pocomoke City as it heretofore existed, subject, however,
to the following limitations, restrictions and conditions:

(a) The tax rate on all personal property within said
district, except farming implements and stock used exclusively
for farming purposes, which are hereinafter exempted from
Municipal taxation, shall be the same as the tax rate on per-
sonal property within the corporate limits of Pocomoke City
as it heretofore existed.

(b) The tax rate on real property improved by dwellings
or other buildings within said taxing district shall not ex-
ceed twenty-five cents (25c) on every One hundred dollars
($100.00) of assessed property for a period of five (5) years
accounting from the first day of January, 1948, unless within
said period of five (5) years, water and sewer mains shall be
laid adjacent to said improved real property under one or more
streets on which said improved real property is situated, and
unless street lights shall be erected and maintained adjacent
to said improved real property on one or more streets on which
said improved real property is situated, or unless said water
and sewer mains be laid and street lights be erected and
maintained, as aforesaid, on the street nearest said improved
real property, provided said property does not abut on any
street; provided, however, that from and after the time of
the completion of the laying of said water and sewer mains
and the erection of said street lights adjacent to said im-
proved real property, as above set forth, or from and after the
first day of January, 1953, whether said water and sewer
mains are laid and street lights are erected or not, the Mayor
and Council of Pocomoke City shall have full power to levy
and collect taxes on said improved real property at the same
rate as on property of like kind within the corporate limits
of Pocomoke City as they heretofore existed.

(c) No taxes shall be levied or collected on vacant lots
or parcels of land within said district for a period of five
(5) years, accounting from the first day of January, 1948, unless