784 LAWS OF MARYLAND. [CH. 351

"Tax on Gross Receipts of Certain Corporations," relating
to the tax on gross receipts of all guarantee and fidelity com-
panies.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 167 and Section 168 of Article 81 of the
Annotated Code of Maryland, title "Revenue and Taxes," sub-
title "Tax on Gross Receipts of Certain Corporations," be, and
the same are hereby repealed and re-enacted so as to read as
follows:

167. A State tax or a franchise tax is hereby levied annually
upon the gross receipts of all railroad companies whose roads
are worked by steam power, incorporated by or under the au-
thority of this State or any other State, Territory, District of
Columbia or foreign country, and doing business in this State,
such State tax being as follows, to wit: One and one-quarter
per centum on the first $1,000 per mile of gross earnings, or
on the total earnings if they are less than $1,000 per mile, and
two per centum on all gross earnings above $1,000 and up to
$2,000 per mile; and when the earnings exceed $2,000 per
mile two and one-half per centum on all earnings above that
sum; a State tax, as a franchise tax of two and one-half per
centum upon the gross receipts or earnings of every telegraph
or cable, express or transportation, parlor car, sleeping car, safe
deposit and trust company, incorporated under any general or
special law of this State, and doing business therein: a State tax
as a franchise tax of two per centum is hereby levied annually
upon the gross receipts or earnings of all telephone and oil pipe
line companies, and title insurance companies incorporated un-
der any general or special law of this State, and doing business
therein: and a State tax as a franchise tax of one per centum
upon the annual cross receipts or earnings of all electric light
companies incorporated under any general or special law of this
State, and doing; business therein ; and a State tax as a franchise
tax of one and one-half per centum upon the annual gross re-
ceipts or earnings of all electric construction and sras companies
incorporated under any general or special law of this State, and
doing business therein; if any such railroad company has part
of its road in this State and part thereof in another State or
States, such companies shall return a statement of its gross re-
ceipts over its whole line of road, together with a statement
of the whole length of its line and the length of its line in this
State, and such company shall pay to the State at the said rates
hereinbefore prescribed upon such proportion of its gross earn-