788 LAWS OF MARYLAND.

CHAPTER 57.

AN ACT to repeal and re-enact with amendments sections 245
and 246 of article eleven of the Code of Public Local Laws of
Maryland, title "Frederick County," sub-title "Frederick," as
the same were repealed and re-enacted by chapter 295 of the
Acts of Assembly of 1904, and to enact certain new and addi-
tional sections relating to assessment, taxation and the col-
lection of taxes in Frederick to follow section 245, and to be
known as section 245A, 245B; 245C, 245G, 245E and 245F.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That sections 245 and 246 of article eleven of the Code of
Public Local Laws of Maryland, title "Frederick County," sub-
title "Frederick," as the same were repealed and re-enacted by
chapter 295 of the Acts of Assembly of 1904, be and the same
are hereby repealed and re-enacted with amendments, and that
the following new and additional sections to be known as sec-
tions 245A, 245B, 245C, 245D, 245E and 245F, to follow section
245, be enacted so as to read as follows:

SEC. 245. All property, real, personal and mixed, that may
be within the corporate limits of Frederick city and all prop-
erty that may have a situs within the limits of said city by
reason of the residence of the owner therein, and all money be-
longing to residents of Frederick city which shall be the pro-
ceeds of the sale of stocks, bonds or other property disposed of
for the purpose of evading and escaping taxation shall be sub-
ject to taxation for municipal purposes; provided, that no au-
thority is given by this section to impose taxes on any property
which is now or may hereafter be exempt from taxation by any
special or general Act of the General Assembly of Maryland;
and provided, further, that the assessment and taxation of all
stocks, bonds, evidences of debt and certificates of indebtedness
shall be made in accordance with the existing general laws of
the State of Maryland relating to revenue and taxes.

SEC. 245A. The Mayor shall at such time as shall be pre-
scribed by ordinance appoint such number of assessors as the
ordinance shall direct, subject to confirmation by the Board of
Aldermen to make a general assessment and revaluation of all
the property described in the preceding section for the purpose
of municipal taxation, and shall also at such time as shall be
prescribed by ordinance appoint three assessors, subject to con-
firmation by the Board of Aldermen, to make an intermediate
assessment and valuation, and revise, amend, correct, alter or
change the assessment and valuation of the property described
in the said preceding section, and to add to or reduce the value
of said property or any portion thereof; and the taxes herein-