662 LAWS OF MARYLAND.

be made, under the provisions of this Act, and shall by ordi-
nance levy a tax for the fiscal year, which tax shall become
due immediately upon the levy thereof.

SEC. 25. And be it enacted, That if the taxes of any prop-
erty owner shall not be paid by the first day of January, there
shall be added a penalty of one per centum thereof, and a like
penalty of one per centum on the first day of each succeeding
month until such taxes and penalties are paid.

SEC. 26. And be it enacted, That on or before the third
Saturday in June of each year, but not before the 15th day of
June, the treasurer shall, after giving notice for two successive
weeks by posting in at least five conspicuous places in said
town of the time, place of the sale, the name of the delinquent
taxpayer, the description of the property and the amount of
the delinquent tax and penalties computed to the day of the
sale, offer at public sale at some place within said town all real
property which is then subject to a lien for delinquent taxes,
or so much thereof as may be necessary to pay the delinquent
taxes due from the owner thereof, with accrued penalties and
costs, and shall continue the sale from day to day until all the
taxes are paid, or until each piece of property has been offered
at least twice, and any taxes then remaining unpaid, with pen-
alties and costs, shall be extended upon the tax books and shall
be collectible by sale at the tax sale of the ensuing year or
years.

SEC. 27. And be it enacted. That the person who offers to
pay the taxes, penalties and costs due from any owner of any
piece or pieces of property for the smallest portion of the
same, shall be considered the purchaser. The purchaser shall
forthwith pay to the Treasurer the amount of the taxes, penal-
ties and costs, and the Treasurer shall deliver to such pur-
chaser an assignable certificate of purchase designating the
land and the amount paid therefor. The holder of any such
certificate shall have the authority to pay all taxes levied
against such property after the date of sale.

SEC. 28. And be it enacted, That real property sold for
taxes may be redeemed by the owner or any person having an
interest therein at any time within two years from the date of
the sale by paying to the Treasurer the amount paid by the tax
purchaser at the sale, the amount of all subsequent taxes paid
by such purchaser, his heirs or assigns, and interest at the rate
of fifteen per cent, per annum from the date of such pay-
ment or payments.

SEC. 29. And be it enacted, That the Treasurer shall deliver
to the person making the redemption a certificate of redemp-