546 LAWS OF MARYLAND.

years and not less than two hundred and fifty ($250.00) dollars,
and interest, shall be paid each and every year until said debt
is paid.

14. The fiscal year shall begin on the first day of July of
each year, and shall be known by the name of the calendar year
in which it begins.

15. As soon as may be after the passage of this Act and on
or before the 15th day of March in each succeeding year, the
Council shall, by resolution, appoint one or more persons, whose
duty it shall be either to make a new assessment of all real
and personal property within the limits of the town according
to such regulations as the Council may prescribe, or to raise or
lower the present assessment: (1) By making such changes or
corrections therein as may be deemed just and proper; (2) by
adding thereto any property subject to taxation not appearing
in the previous assessment and (3) by ascertaining, so far as
may be, all changes of ownership up to the date of such revision,
to the end that all property may be assessed and taxed in the
names of the legal owners thereof at the time of the annual
assessment or revision, provided, however, that in the case of
property passing by descent or property in course of adminis-
tration under a will or otherwise, it shall be sufficient to assess
and tax the same to the estate of the deceased owner; and pro-
vided, further, that if the ownership of any property cannot by
reasonable diligence be ascertained, the same may be taxed to
the last known owner thereof. The person or persons making
the assessment or revision shall report to the Council as soon
as practicable the result of their labor. The Clerk to the Coun-
cil shall immediately upon the filing of said report, notify
every person the assessment of whose property is either in-
creased or diminished by said report of the fact, and amount of
such increase or decrease, and of the time and place of the meet-
ing of the Council hereinafter provided for. Such notice to be
served by the Blaiff or Clerk of said town on all such persons
residing in said town, and as to such persons not residing in said
town, the Clerk shall mail such notice to the last known post-
office address of such non-residents. The Council shall, at the
first regular meeting after the filing of the report above men-
tioned, hear and determine all appeals or complaints in regard
thereto, adjourning from time to time so long as may be nec-
essary for that purpose, except that no complaint will be heard
later than the 15th day of June. Notice of such hearing shall be
posted up two weeks before the date thereof, in at least five (5)