503

LAWS OF MARYLAND.

the same to be worth in cash, and in his or their return

Certify refusal.

of said valuation he or they shall certify the refusal or

neglect of the owner or owners, possessor or claimant of

such property, and the said commissioners shall assess

such person according to the sum so estimated, and

the same shall be considered as the assessment until

altered by the said commissioners sitting to hear ap-

peals and correct errors.

SEC. 19. And be it enacted, That the president,

cashier or other proper officer of banking and other

Duty of officers
of corporations

private corporations, whose stock standing in the
name of any individual or company on the books of

said bank or corporation is liable to be valued and

assessed against said person or persons or company

owning the said stock under the provisions of this act,

shall make out and deliver to the said assessor or

assessors, an account of such stock so standing as afore-

said in such bank or corporation, and the same shall

Verify by oath.

be verified by the oath of the proper officer of the

bank or corporation; or the said assessor or assessors

may require that the stock-books of said bank or cor-

poration shall be opened to him or them for his or

their inspection.

SEC. 20. And be it enacted, That the taxes to be

levied on the property made liable to be valued and

assessed by this act, shall be liens on the real estate of

the persons so indebted from the day on which the

Tmes, li«ns on

tax-lists shall be delivered to the said bailiff or person

real estate.

appointed and authorized to receive and collect the

same, but no sale of real estate shall be made until

after the personal estate of said tax-payer, within the

limits of said town, shall have been first taken and

sold for the payment thereof.

SEC. 21. And be it enacted, That the said com-

missioners may annually levy upon the assessable

Limit of taxa-

property within said town, by a direct tax, not exceed-

tion.

ing fifty cents in the one hundred dollars, such sum as

they may deem necessary for the purpose of defraying

and settling the expenses likely to be incurred by them

on behalf of said corporation, and the said commis-

sioners may apply and appropriate the funds arising

Funds? How

from such tax, as well as all other funds and moneys

applied.

belonging to said corporation, in their discretion in

paying the cost and expenses, of opening, closing, ex-

tending, widening, paving and improving streets,

alleys and grounds; for providing street lamps and