154

LAWS OF MARYLAND.

turnpike company in this State, it being the meaning anp
intent of this act, that any bridge over streams forming a por-
tion of the roadway of any of said railroads and turnpike shall
be valued at the same rate that any other equal portion of said
road is valued; and provided further, that all tunnels or sub-
ways forming a part of the roadways or subways of any rail-
road or turnpike company or other corporation shall be valued
at their actual worth, as other property in this State is required
to be valued under the provisions of this act; and the provisions
of section 155 of this article in so far as the same are in con-

National
banfc stock,

flict with the preceding provision of this section relating to
tunnels, is hereby expressly repealed. The shares of capital
stock of national banks located in this State, and of all other
corporations incorporated under the laws of this State, shall be
valued and assessed to the owners thereof residing in the city
of Baltimore, and in the several counties of this State, at the
same rate at which the same have been or shall be valued by
the State Tax Commissioner for the year 1896; subsequent
valuation of said stock shall be made in the manner now or
hereafter provided by law; and it shall be the duty of the
State Tax Commissioner to furnish the assessors in the city of
Baltimore, and of the several counties, with a copy of the
valuation so made of the shares of capital stock of each of
such banks, and each and every of such corporations of this
State for the year 1896; and the said assessors shall record in
a separate book all valuations and assessments of all shares of
stock of all corporations incorporated under the laws of this
State, having a capital stock, whether the same be divided into
shares or not, together with the names and residences of per-
sons having an interest therein, the amount of such interest ;
and upon the completion of the assessment of all the taxable
property in any county of this State, or any assessment 'district
of Baltimore city, said book shall be delivered to the State
Tax Commissioner for his information and guidance in the dis-
charge of his official duties; and the valuation and assessment
of said shares of stock shall not be returned by the said asses-
sors to the Boards of Oounty Commissioners acting as Boards
of Control and Review for the several counties and the Boards

Railroad
bonds.

of Control and Review of Baltimore city. All bonds and cer-
tificates of indebtedness bearing interest, issued by any railroad
or other corporation of this State, secured by mortgage of prop-
erty wholly within this State, belonging to residents of this
State, shall be subject to valuation, assessment and taxation to
the owner or owners thereof, in the same manner as like bonds
or certificates of indebtedness, bearing interest and secured by