EDWIN WARFIELD, ESQ., GOVERNOR.

89

the several counties, the city of Baltimore and other incor-
porated towns of Maryland, shall annually, on or before the

CHAP. 84

first day of March, furnish to the County Commissioners of
each county or the Appeal Tax Court of Baltimore city, and
the city clerk of each city, town or village incorporated in
the State of Maryland, in which any of its stockholders
may reside, a list of the said stockholders, so far as their
place of residence may be known to such officer, together
with the number of shares of stock held by each. Said list
shall show the stockholders of such banks and other incor-
porated institutions as they stand on the first day of January
preceding, together with their residences and the number of
shares held by each on said date, and the taxable value of
such respective shares of stock, ascertained as hereinafter
provided, shall for county and municipal purposes be valued
to the owners thereof in the manner hereinafter as of the
preceding first day of January of each year, and taxes thereon
shall be collected for such banks and other incorporated
institutions in the manner hereinafter provided, as of said
first day of January. In case the president or other
proper officer of said bank or other corporation fail or
refuse to furnish a statement as herein required to the County
Commissioners or Appeal Tax Court or city clerk aforesaid,
on or before the day hereinbefore specified for that purpose,
then for eack day that shall thereafter elapse until the said

List of stock-
holders to be
furnished,
etc.

statement shall be furnished, the said bank or other corpora-
tion shall pay to the County Commissioners, or Mayor and
City Council of Baltimore, or other municipal corporation,
as the case may be, the sum of one hundred dollars; and
for the valuation and effectual collection of taxes assessed
on the stock of banks or other incorporated institutions,
held by non-residents, the president or other proper officer
of the corporation shall annually, on or before the first day
of March, make out and deliver to the County Commis-
sioners of the county or the Appeal Tax Court, or city clerk

Fine Imposed.

of the municipal corporation where said corporation is
situate, an account of the number of shares of stock in such
corporation held by persons not residents of this State as of
the first day of January preceding, and the same shall be
valued at its actual cash value, to and in the name of such
stockholders, respectively, as of said first day of January
preceding; but the tax assessed on such stock shall be levied

Number of
shares of
stock to be
made out by
president or
other proper
officer.