1330 LAWS OF MARYLAND. [CH. 548

with corporate or personal surety to approved by the said
Commissioners of Ridgely, and in such penalty as the Com-
missioners of Ridgely shall prescribe, conditioned for the
faithful performances of the duties of the Clerk of the town
of Ridgely, and that he will well and faithfully receive,
account for and disburse all moneys placed in his hands or
received by him for the use of the said town, and shall well
and truly pay over to his successor in office or to the order
of the Commissioners of Ridgely all said moneys and shall
perform all other duties of his office according to law and the
ordinances of the Commissioners of Ridgely.

SEC. 14. The Commissioners of Ridgely shall have power
to levy annually a tax on the assessable property of said
town for the general purposes of said corporation not exceed-
ing in any one year eighty cents (80c) on each one hundred
dollars ($100. 00) worth of said assessable property, which
shall be a lien on all of said property, real, personal and
mixed, within said town until paid, and said taxes shall be
due and payable on or before the first day of July, and a dis-
count of two per cent (2%) shall be allowed on the payment
of the said taxes if paid during the month of July, in which
month they become due, and interest shall be chargeable on
such taxes after the first day of September immediately fol-
lowing the date when the same become due and payable.

Sac. 15. Whenever the Commissioners of Ridgely think
the public interest requires it, they may cause an assessment
to be made of all property in the town, real, personal or
mixed, which is subject to assessment for County and State
taxes under the general laws of this State, whether the
owners thereof reside within or without the town, and they
may prescribe the manner in which such assessment may be
made and provide for the hearing of appeals of adjusting all
differences and valuation and disputes in relation to such
assessments, make transfers and abatements, and do all
other acts and things necessary for making and completing
such assessment, and may provide for the annual assessment
of property not included in the last general assessment, and
the Commissioners of Ridgely may provide by ordinance for
an increase or abatement of any erroneous assessment, and
for the encouragement of a new industry they may exempt
in whole or in part the assessment upon any property,
machinery or tools belonging to a manufacturing corpora-
tion, partnership or individual for such a period of time as.
they may determine not exceeding ten years.