ALBERT C. RITCHIE, GOVERNOR.                  585

ance company, valued and assessed as provided in Section 15
of this Article as to companies of said respective classes shall
pay the regular rate of taxation for State purposes and one
dollar ($1. 00) and no more on each one hundred dollars of
such valuation for county and/or city taxation.

(e)     Shares of stock of every domestic finance corporation
valued and assessed as provided in Section 16 of this Article
shall pay the regular rate of taxation for State purposes and
one dollar ($1. 00) and no more on each one hundred dollars
of such valuation for county and/or city taxation.

(f)   In any case where property mentioned in sub-divisions
(c), (d) and (e) of this section is taxable under the provi-
sions of this Article in a city other than the City of Baltimore,
the amount so payable for county and city taxes shall be ap-
portioned between such city and the county in which such city
is situated in the proportion which the full county tax rate
applicable in said city and the full city tax rate respectively
bears to the total amount so payable for both county and city
taxes on such property.

(g)   In any case where property mentioned in subdivision
(b) of this section is taxable in a city other than the City of
Baltimore, the amount so payable for county and city taxes
shall be divided equally between such city and the county in
which such city is situated.

(h) Any incorporated town shall have the power to change
the tax rate fixed by its charter upon property taxed under
Section 9 of this Article to the extent of covering any loss of
revenue in case it may have determined upon the exemption
or partial exemption of certain classes or sub-classes of prop-
erty under said section, or may have determined upon any
special or limited rates of town taxation thereon.

SEC. 2. And be it further enacted, That the provisions of
this Act shall apply to assessments made for the year 1931
and for subsequent years.

Approved April 6, 1931.

CHAPTER 213.

A1ST ACT to repeal and re-enact, with amendments, Section 27
of Article 101 of the 1929 Supplement to the Annotated
Code of the Public General Laws of Maryland, Edition of