ALBERT C, RITCHIE, GOVERNOR. 635

(1) Shares of stock subject to taxation under this Article
in any national bank located in this State or in any domestic
corporation.

(2) So much of the shares of capital stock of domestic
finance corporations as represents the business done in this
State.

(3) Rolling stock of railroads worked by steam, for county
and Baltimore City taxation by the State Tax Commission.

(4) Distilled spirits.

(5) Tangible personal property belonging to any domestic
ordinary business corporation.

(c) Any city which under its charter or existing law has
the power to make assessments of taxable property for city
purposes varying from the assessment of the same property by
the county commissioners of the county in which such city is-
situated shall, notwithstanding anything contained in this
Article, retain the power to make such separate city assess-
ments; provided, however, that any such city may elect by
ordinance or resolution of its legislative department to adopt
the county assessment, and thereafter city taxes shall be levied
only upon the county assessments and not upon separate city
assessments.

Method of Assessment.

11. Except as hereinafter provided, all property directed
in this Article to be assessed, shall be assessed at the full cash
value thereof on the date of finality. Any assessment existing
on June 1, 1929, or thereafter made, shall continue in force
from year to year until changed pursuant to the provisions
of this Article.

12. The stock in business of every person, firm, foreign
corporation, or domestic ordinary business corporation, en-
gaged in commercial business in this State shall be valued and
assessed at its fair average value during the twelve months
preceding the date of finality, or the portion of such period
during which such stock in business was held.

13. No extra assessment shall be made, and no extra tax
shall be levied or collected on any bridge over a stream, or