ALBERT C. RITCHIE, GOVERNOR. 763

the same by mortgage foreclosure or otherwise, is hereby au-
thorized and empowered to exercise the same as fully as though
conferred herein directly upon such corporation or person.

SEC. 8. And be it further enacted, That a franchise tax of
Five Thousand Dollars ($5, 000. 00) is hereby levied on said
Company during; the first year of the operation of said bridge
in lieu of all other taxes and said tax shall be payable to the
Treasurer of Baltimore County and that thereafter a franchise
tax is hereby levied annually upon the gross receipts of said
Company, its successors and assigns derived from the tolls and
all other revenues from the said bridge, such tax being as fol-
lows, to wit: Seven and one-half per centum of so much of such
gross receipts as shall not be in excess of One Hundred Thou-
sand Dollars ($100, 000) in any one year, and in addition
thereto ten and one-half per centum of so much of such gross
receipts as shall be in excess of One Hundred Thousand Dol-
lars ($100, 000) and not in excess of One Hundred and Fifty
Thousand Dollars ($150, 000) for such year and in addition
thereto fifteen and one-half per centum of so much of such gross
receipts as shall be in excess of One Hundred and Fifty Thou-
sand Dollars ($150, 000); and that for the purpose of deter-
mining said tax said company, its lessees, its successors and
assigns, and any purchaser thereof, shall make the appropriate
reports, and be subject to the appropriate penalties, provided in.
Sections 172 to 191, inclusive, of Article 81 of the Code of
Public General Laws of this State, and of said tax one-half of
one per cent, of such gross receipts, as above specified, shall be
payable to the Treasurer of the State, and the remainder there-
of shall be payable to the Treasurer of Baltimore County, and
it shall be the duty of the State Tax Commission, when it lias
ascertained and fixed the amount of such tax, to certify to the
Comptroller of the Treasury, and to the Treasurer of Baltimore
County and to said McClintic-Marshall Corporation, the
amount of such tax due to the said State of Maryland and to
said Baltimore County, and thereupon said tax shall be col-
lectable by the Treasurer of the State of Maryland and by the
Treasurer of Baltimore County, as other county and State taxes
due from corporations are collected.

Said franchise tax shall be in lieu of all taxes which might
otherwise be levied by this State, or by any county, municipal-
ity or other taxing authority therein, upon said bridge and
appurtenant structures, upon its fills, approaches and rights of
way, upon the tolls and revenues thereof, or upon the franchisee