THEODORE R. MCKELDIN, GOVERNOR 407

Maryland (1947 Supplement), title "Revenue and Taxes", sub-
title "Ordinary Taxes. What Shall be Taxed and Where", as
said section was amended by Chapter 134 of the Acts of 1949,
be and it is hereby repealed and re-enacted, with amendments,
to read as follows:

7.

(7) Buildings and the ground not exceeding one hundred
acres in area appurtenant thereto, and necessary for the re-
spective uses thereof, equipment and furniture of hospitals,
asylums, charitable, fraternal or benevolent institutions or or-
ganizations incorporated or unincorporated, no part of the net
income, except sick or death benefits, of which inures to the
benefit of any private shareholder or individual, provided such
fraternal organizations are carried on solely for the mutual
benefit 'of their members and their beneficiaries and not for
profit and have a lodge system, with ritualistic form of work,
and representative form of government. The above exemption
shall also apply to any such property held by any corporation
or trustees for the benefit of any of the aforegoing institutions
or organizations. Any property of such institutions or organi-
zations which is commercially rented shall be taxable to the
extent of such commercial use on the fair value of the property
so rented.

All non-political women's clubs, incorporated under the
laws of the State of Maryland, for which no stock is issued
and no part of the net income of which inures to private share-
holders or individuals, and whose charter shows that the only
purposes of such club are of a charitable, benevolent, educa-
tional and civic nature to promote the public welfare, and that
any benefits or enjoyment or entertainment received from mem-
bership in said clubs are incidental to such purposes, shall be
deemed to be a charitable, benevolent and educational institu-
tion for the purposes of this section.

This sub-section shall not apply to college or high school
fraternities or sororities or other fraternal organizations mem-
bership in which is restricted wholly or largely to students or
graduates of educational institutions or professional schools.

Real estate or any estate therein, heretofore or hereafter ac-
quired and held for future use, and not for investment, by any
hospital or asylum not organized or conducted for profit, pro-
vided that the exemption of property held for future use
granted by this sub-section shall be for the period January 1,
1947, to December 31, [1950] 1954.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1951.

Approved March 21, 1951.