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CHAP. 467
Report to be
made under
oath.
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160. Any corporation having a capital stock divided into
shares, and owning as an investment of part of its capital
any of the stock debt of this State upon which the State tax
has been deducted by the Treasurer, or of the stock debt of
the city of Baltimore on which the State taxes have been
paid or are payable by said city, or shares in any bank or
other corporation of this State upon which the State and
county or city taxes are levied and paid, or are payable by
such bank or other corporation, may report the same in
detail under the oath of the president, cashier, treasurer or
other proper officer, to the State Tax Commissioner, and
the amount of such stock debt or debts, or the assessed
value of such capital stock so owned, and upon which such
taxes are paid or payable as aforesaid, shall be allowed as
a credit, in the settlement of the taxes, on the shares of
capital stock of such corporation so owning the same; and
any corporation not having capital stock divided into shares,
and owning as an investment of part of its assets any of
the stock debt of this State upon which the State tax has
been deducted by the Treasurer, or of the stock debt of
the city of Baltimore on which the State taxes have been paid
or are payable by said city, or snares of the capital stock
of any bank or other corporation of this State, upon which
the State and county or city taxes are levied and paid, or
are payable by such bank or other corporation, may report
the same in detail, under the oath of its president, cashier,
treasurer or other proper officer, to the State Tax Commis-
sioner, and the amount of such stock, debt or debts, or the
assessed value of such shares of capital stock so owned, and
upon which such taxes have been paid or are payable as afore-
said, shall be allowed as a credit in the settlement of the taxes
on the assets of such corporation so owning the same; but
no credit shall be allowed to any such corporations by reason
of any investments on which the taxes are not. paid or pay-
able as aforesaid; nor by reason of the ownership by said
corporation or corporations of the stock debt of the city of
Baltimore that shall be hereafter issued under the loans
authorized by Chapters 274, 338 and 349 of the Acts of the
General Assembly of Maryland for 1904, known as the
Annex, Park Extensions and Sewer Loans, respectively, or
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