948 LAWS OF MARYLAND. [CH. 388

not be subject to taxation, except as to real estate owned. The
shares of a credit union shall not be subject to any stock trans-
fer tax, either when issued by the corporation or when trans-
ferred from one member to another.

SEC. 25. The provisions of Article XI of the Maryland
Code, Sections 52 to 77, inclusive, do not apply to credit
unions.

SEC. 26. All laws and parts of laws inconsistent herewith
are hereby repealed.

SEC. 27. This Act shall take effect July 1, 1929.
Approved April 11, 1929.

CHAPTER 338.

AN ACT to authorize the County Commissioners of Alle-
gany County to levy upon the assessable property of Alle-
gany County in the annual levy for the year 1930, the
sum of sixty-seven hundred and fifty ($6, 750. 00) dollars,
and to use the same for compensation to the State and County
tax collectors for Allegany County for Tax Collection Dis-
trict No. 1 for the years 1922, 1923, 1924, 1925 and 1926.

WHEREAS, Eugene G. Landis was appointed State and
County Tax Collector for Allegany County for Tax Collection
District No. 1 for the years 1922 and 1923, and on account of
the great increase in the volume of tax collections in said Col-
lection District No. 1, for the years 1922 and 1923, due to
reassessment of all properties, both for State and County taxes
he, the said Eugene C. Landis, was placed to extraordinary
and unusual costs for stationery, stamps, clerical hire and office
equipment, to the amount of eleven hundred and twenty-five
($1, 125. 00) dollars, per year, for the years 1922 and 1923, or
altogether, the sum of twenty-two hundred and fifty ($2, -
250. 00) dollars; and

WHEREAS, Alban C. Thompson was appointed State and
County Tax Collector for Allegany County for Tax Collection
District No. 1, for the years 1924, 1925 and 1926, and on ac-