ALBERT C. RITCHIE, GOVERNOR. 855

CHAPTER 293.

AN ACT to repeal and re-enact, with amendments, Section 212
of Article 81 of the Annotated Code of Maryland, title,
"Revenue and Taxes, " sub-title, "Mode and Measure of Tax-
ation, " the repealing and re-enacting of said Section of said
Article having for its object and purpose the valuation and
assessment for county and city taxation of rolling stock of
steam railroads and repealing all sections of all laws incon-
sistent with said Section 212, by this Act repealed and re-
enacted.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 212 of Article 81 of the Annotated Code
of Maryland, title, "Revenue and Taxes, " sub-title, "Mode
and Measure of Taxation, " be and the same is hereby repealed
and re-enacted so as to read as follows:

212. All rolling stock of all railroads which are subject to
the laws of this State relating to the taxation of railroad com-
panies whose roads are worked by steam power employed in
operating and running over lines of railroad situated, being
and lying in this State, is hereby declared to be assessable and
taxable for county and Baltimore City taxation to the said
railroads owning, holding, hiring, using or leasing the same,
as other personal property is valued, assessed and taxed under
the provisions of this Article and the valuation, assessment, tax-
ation and apportionment of said rolling stock for county and
Baltimore City purposes shall be made in the following man-
ner and not otherwise: All such railroads as hereinbefore pro-
vided shall on or before the fifteenth day of March in each and
every year report under oath of one of its officers a com-
plete and detailed return of all such rolling stock showing the
average value thereof during the preceding calendar year, said
return to be in such form as may be required by the State Tax
Commission so that it may be enabled to perform the duties
and exercise the authority imposed and conferred by this Sec-
tion. After receiving said returns and before the first day
of July in each and every year, the State Tax Commission
shall value and assess all such rolling stock at the average
value thereof during the preceding calendar year as determined
by the State Tax Commission for purposes of county and Bal-
timore City taxation, and after such valuation and assessment,
shall notify each railroad corporation so reporting of the
amount of the proposed assessment to be entered with an op-