290

LAWS OF MARYLAND.

banks, savings institutions and corporatians shall
pay the taxes mentioned in said sections in the
manner and at the times therein prescribed with-
out deduction.

Assessment.

103. There shall be levied a tax of one-twentieth
of one per centum on the public debt of the State
of Maryland, owned or held by any person, resi-
dent or non-resident, of this State, assessed, at the
following valuation: So much of the said debt as
bears an interest of six per centum shall be assessed
at par; so much thereof as bears an interest of
five per centum shall he assessed at eighty-five
dollars in the hundred; so much thereof, as bears
an interest of four and a half per centum at eighty
dollars in the hundred; and so much thereof as
bears an interest of three per centum at sixty-four
dollars in the hundred; which assessment shall
be made by the Treasurer, at the times prescribed
in the next succeeding section, for the payment of
said taxes.

Exclusive tax.

Sec. 2, And be it enacted. That the said tax of
five cents, as provided in amended section twenty-
three of said Article eighty-one, shall be exclusive
of the tax provided for by the act of January ses-
sion, eighteen hundred and sixty-four, entitled, an
act to aid and encourage enlistments into the
Maryland regiments in the service of the United
States.

In force.

Sec. 3. And be it enacted, That this act shall
take effect from and after the date of its passage.