264

LAWS OF MARYLAND.

he fixed and determined by a majority of said As-
sessors, and if the majority cannot concur in the
assessment or valuation, it shall be the duty of
each of the said Assessors to report to the County
Commissioners of the county, or to the Board of
Control and Review to be appointed by the Mayor
and City Council of Baltimore, and to consist of
three persons, the assessment and valuation made
by him, with his reasons in writing for the same,
and the said County Commissioners or Board of
Control and Review, shall proceed to value and
assess the said property, and said valuation shall
hare the same effect as if made by the Assessors.

Penalty for
neglecting to
make returns,
&c,

Sec. 8. And be it enacted, That if any person
appointed Assessor as aforesaid, and who shall ac-
cept his appointment, shall fail or neglect to make
the required returns, certificates, and authentica-
tions, agreeably to this Act, he shall forfeit for
every such neglect a sum not exceeding five hun-
dred dollars.

Assessors to
inform them-
selves of all
property, and
to value it at
its full cash
value.

Sec. 9. And be it enacted, That it shall be the
duty of the said Assessors, or a majority of them,
in their several assessment districts, to make dili-
gent inquiry and inform themselves by personal in-
spection on the premises, and all lawful means, of
all the property in their respective districts liable
to assessment, and to value the same at the full cash
value thereof, without looking to a forced sale, and
all property owned by residents of this State and
not permanently located elsewhere within the
State, (except that where a purchaser of real es-
tate shall execute a mortgage for the purchase
money, or a part thereof, to the grantor the said
mortgage shall not be assessed, ) shall be assessed
to the owner in the county or city where he or she

Property to
be specified.

may reside; and they shall specify in their returns
to be made as hereinafter provided, as far as may
be practicable, first the name of the tracts or par-
cels of land, or the description thereof, owned by
each individual, with the quantity of acres therein
and the value thereof; second, stock in trade, its
general description and value; third, public secu-
rities, liable to valuation, particularly specified,
with their respective values; fourth, bank stocks
and other stocks, particularly specified with their
respective values; fifth, private securities and
bonds of this and other States held by parties in.