ACT. 81. ] REVENUE AND TAXES. 241

authorized since April 3, 1906, or that may be hereafter author-
ized by the General Assembly of Maryland; provided, that the
provisions of this section shall apply to the ownership by any
such corporation of Baltimore City Burnt District Loan stock,
issued under chapter 468 of the Acts of 1904, the Water Loan,
issued under chapter 333 of the Acts of 1902, and the Conduit
Loan, issued under chapter 246 of the Acts of 1902, whether
heretofore or hereafter issued; nor shall such credit be allowed
in any case where the officer making such return for such cor-
poration shall fail to state in such return that said investments
are owned by the corporation of which he is such officer, and
are not held by such corporation as a security for any loan or
as a collateral security for any payment or other purpose.

SEC. 2. And be it further enacted, That this Act shall take
effect from the date of its passage.

Approved March 25, 1908.

CHAPTER 552..

AN ACT to add a new section to article 81 of the Code of
Public General Laws of 1904, title "Revenue and Taxes, "
tax on gross receipts of certain corporations; limiting the
meaning of the terms gross receipts and gross receipts of
earning, and total receipts or revenues, and gross receipts
or revenues, and gross receipts and revenues, as used in
section one hundred and sixty-four, one hundred and sixty-
five and one hundred and sixty-six of said article eighty-one,
to come in after section one hundred and sixty-six, and to

be designated as section one hundred and sixty-sixA.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the following new section be and the same is hereby
added to article eighty-one of the Code of Public General Laws
of 1904, title "Revenue and Taxes, " sub-title "Tax on Gross
Receipts of certain corporations, " limiting the meaning of the
terms "gross receipts, " and "gross receipts, or earnings, " and
"total receipts or revenues, " and "gross receipts or revenues, "
and "gross receipts and revenues, " as used in sections one hun-
dred and sixty-four, one hundred and sixty-five and one hun-
dred and sixty-six of said article eighty-one, to come after sec-
tion one hundred and sixty-six and to be designated as section
one hundred and sixty-sixA.

SEC. 166A. The terms "gross receipts, " "gross receipts or
earnings, " "total receipts or revenues, " "gross receipts or reve-
nues, " "gross receipts and revenues, " as used in sections one