ALBERT C. RITCHIE, GOVERNOR. 627
(2) All tangible personal properties located in this State,
by whomsoever owned, in the county and/or city in which
the same are respectively permanently located, (a) provided
that rolling stock of railroads worked by steam shall be taxed
only as provided in Section 8(d); and (b) provided further
that tangible personal property located in this State, but not
owned by a domestic ordinary business corporation, and not
permanently located in any county or city shall be subject to
assessment and taxation in the county and/or city where the
owner resides or has his or its principal office or place of busi-
ness in this State; and (c) provided further that tangible
personal property located in this State owned by a domestic
ordinary business corporation shall be taxed in the county
and/or city in which the stockholders respectively reside, or if
they be non-residents of this State, then in the county and/or
city in which the principal office of the corporation is situated.
(3) All interest-bearing bonds, certificates of indebtedness
or evidences of debt, owned by residents of the State, in what-
soever form made or issued by any public or private domestic
corporation (other than a county or city of this State), or
made or issued by any State (other than this State), territory,
district, possession or foreign country, or by any foreign pub-
lic or private corporation, in the county and/or city in which
the owners respectively reside.
(4) All interest-bearing mortgages, owned by residents of
this State on real estate or tangible personal property situated
in whole or in part outside of Maryland, in the county and/or
city in which such owners respectively reside.
(5) All dividend-paying shares of stock or shares in any
foreign corporation (other than national banks) owned by resi-
dents of this State, in the county and/or city in which the
owners respectively reside.
(6) All shares of stock in any national bank situated in
this State, in the county and/or city where the holders thereof
respectively reside, or if they be non-residents of this State, in
the county and/or city in which the principal office of such
bank is situated.
(7) All shares of stock in any domestic corporation, other
than an ordinary business corporation, in the county and/or
city in which the owners respectively reside, or, in the case
|