ALBERT C. RITCHIE, GOVERNOR.                1391

63. 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 lien 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 follows, to wit: Seven and one-
half per centum of so much of such gross receipts as shall not
be in excess of one hundred thousand 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 dollars ($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 thousand dollars ($150, 000); and that for
the purpose of determining 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 pen-
alties, provided in Section 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 thereof shall be payable to the Treasurer of
Baltimore County, and it shall be the duty of the State Tax
Commission, when it has 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 there-
upon said tax shall be collectable 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 col-
lected.

Said franchise tax shall be in lieu of all taxes which might
otherwise be levied by this State, or by any county, munici-
pality 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 fran-
chises for the construction and operation of said bridge, and
shall also be in lieu of all such other taxes upon said Company,
its successors or assigns, or upon the holders of the capital
stock of said Company, its successors or assigns, based upon