ALBERT C. RITCHIE, GOVERNOR.                    21

169. The Mayor and Council shall have full power and au-
thority to levy annually upon the assessable property of the
town by direct tax, with full power to provide by ordinance for
the collection of the same, such sum of money not exceeding one
dollar on the one hundred dollars of the assessable property
within the limits of the town, as may be necessary in its judg-
ment for the purpose of defraying the expenses of said town
over and exclusive of all expenses, charges and sums of money
which it is or shall be required by law to collect for other pur-
poses, subject to the provisions and limitations herein con-
tained; to levy and collect taxes upon every description of
property found within the corporate limits of said town, which
is now authorized by law to levy taxes upon for the purpose of
defraying the expenses of the town government, whether the
owners thereof reside within or without the limits of said cor-
poration; provided, that no stocks, bonds, mortgages, certifi-
cates or other evidences of indebtedness of any bank or other
corporation situate within the limits of said town which are
owned or held by persons residing without said limits and within
the State of Maryland shall be subject to taxation for the pur-
pose above set forth; and provided, further, that no authority
is given by this section to impose taxes on any property which
is now or may hereafter be exempt from taxation by any general
or special Act of the General Assembly of Maryland, nor upon
any property which may be stored in the town for temporary
purposes.

They may provide by general ordinance, whenever it shall'
seem expedient, for the encouragement of the growth and de-
velopment of manufactures, manufacturing industries in said
town, for the abatement of any or all taxes levied by authority
of the said Mayor and Council of Easton, or by ordinance thereof,
for any of the corporate uses thereof, upon any real estate,
mechanical tools or implements, whether worked by hand, steam
or other motive power, machinery, manufacturing apparatus or
engines owned by individuals, firms or corporations in said town,
and properly subject to valuation and taxation herein, which
said real estate, tools, machinery, implements, apparatus or en-
gines shall be actually employed and used in the business of
manufacturing in said town, and it shall be the duty of the
Council to make such abatements of taxes levied as aforesaid as
may be authorized and directed by ordinance as aforesaid; pro-
vided, that such abatement shall be extended to all persons, firms
or corporations engaged in the branches of manufacturing pro-
posed to be benefited by an ordinance passed under the pro-
visions of this paragraph; provided, further, that application
for such abatement shall be made or verified to the satisfaction
of the Council by the oath of the party applying for the same,
or other satisfactory evidence before the annual revision and.