EMERSON C. HARRINGTON, GOVERNOR. 1281

SEC. 2. And be it further enacted, That the provisions oi
this Act shall become effective upon the ratification of same by
a majority of the qualified voters of said town, after being sub-
mitted to them at a special election to be held between June 1,
1916, and August 1, 1916, on a date and at a place to be deter-
mined by the present Commissioners of said town.

Approved April 26th, 1916.

CHAPTER 604.

AN ACT to repeal and re-enact with amendments, Section 88-D
of Chapter 324, of the Acts of 1914, entitled, *'An Act to
add six new and additional 'Sections to Article 23 of the
Annotated Code of Public Civil Laws of Maryland (legal-
ized by Chapter 21 of the Acts of the General Assembly of
1912), title 'Corporations, ' said six new and additional Sec-
tions to come in after Section 88 of said Article 23 and
to be known respectively as Sections 88-A, 88-B, 88-C, 88-D,
88-E and 88-F of said Article, the said new and additional
Sections relating to bonus, capital stock, property and fran-
chise taxes, upon and respecting corporations referred to in
this Act, and to repeal all other laws and Sections and all
other parts of laws and Sections so far as the same or any
of the same may conflict or be inconsistent with the pro-
visions of this Act"; the amendment to Section 88-D is
intended to exempt charitable, benevolent, and fraternal
institutions from paying an annual franchise tax.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 88-D, of Chapter 324, of the Acts of
1914, entitled "An Act to add six new and additional Sections
to Article 23 of the Annotated Code of Public Civil Laws of
Maryland (legalized by Chapter 21 of the Acts of the General
Assembly of 1912), title "Corporations. " said six new and
additional Sections to come in after Section 88 of said Article
23, and to be known respectively as Sections 88-A, 88-B, 88-C,
88-D, 88-E and 88-F of said Article, the said new and addi-
tional Sections relating to bonus, capital stock, property and
franchise taxes, upon and respecting corporations referred to in
this Act, and to repeal all other laws and Sections and all other
parts of laws and Sections so far as the same or any of the
same may conflict or be inconsistent with the provisions of this
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