1078 LAWS OF MARYLAND. [CH. 516

re-enacted by the Act of 1908, Chapter 283, as amended
and re-enacted by the Act of 1910, Chapter 544, as amended
and re-enacted by the Act of 1912, Chapter 115, and to re-
enact said section with amendments.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 187 of Article 81 of the Code of Pub-
lic General Laws, entitled "Revenue and Taxes, " sub-title
"Tax on Mortgages, " as amended and re-enacted by the Act of
1906, Chapter 794, as amended and re-enacted by the Act of
1908, Chapter 283, as amended and re-enacted by the Act of
1910, Chapter 544, as amended and re-enacted by the Act of
1912, Chapter 115, be and the same is hereby repealed and
re-enacted so as to read as follows:

Section 187. All mortgagees or assignees holding mort-
gages on real estate of record in Montgomery, Frederick
and Carroll Counties shall annually pay a tax of eight
per cent, upon the gross amount of interest covenanted
to be paid each year to the mortgagee or his assignee
by the mortgagor, to be collected by the proper authorities as
other taxes for county purposes in the said several above espe-
cially enumerated counties are collected. All of such taxes col-
lected in said several counties shall be applied exclusively
therein to county purposes free, clear and discharged from any
claim of the State of Maryland or its fiscal officers; and the tax
hereby levied shall in each year be due and payable in that one
of the above named counties in which the mortgage is recorded,
and if any mortgage is recorded in two or more of said above
named counties, the tax hereby levied shall each year be paid
to the county wherein the greater portion of the property cov-
ered by the mortgage is located. This section and the five suc-
ceeding sections shall not apply to the remaining counties or
Baltimore City, as to which remaining counties and city the
mortgage tax levied by the Act of 1896, Chapter 120, Sections
146A, 146B, 146C, 146D, 146E, 146F, and by the Act of
1898, Chapter 313, supplemented thereto, is hereby repealed;
provided, that nothing in this section shall apply to or in any
wise affect taxes already levied.

Approved April 18th, 1916.