INDEX.

1847.

Chap.

Sec.

V.

VALLEY BANK OF MARYLAND— Incorporat-

ed, &c.,

308

VALLEY MINING & MANUFACTURING CO.

Incorporated, etc.,

229

VALUATION & ASSESSMENT OF PROPER-

TY—All persons and incorporated com-

panies that in 1548 and succeeding

years, shall pay their State taxes, before

the first -day of September of the year

for which said taxes are levied, to be

entitled to a deduction of 5 per centum,

all that pay on first day of October, a

deduction of 4 per centum, all that pay

on first day of November, a deduction

of 3 per centum; the collectors or trea-

surer upon receiving; taxes shall make

deductions, and note the same on the

receipts given, etc., not to extend to

taxes payable on the public debt of the

State or stock loans of the city of Bal-

timore, etc.,

266

1

On all sums paid by collectors to

treasurer on account of State taxes for

1848 and succeeding years, on or before

the 15th day of September of the year

for which said taxes may be levied, etc.,

collector entitled to a deduction of 5

per centum, taxes paid before the 15th

day of October, 4 per centum, taxes

paid before the 15th day of November,

3 per centum, etc.,

"

2

Taxes due for 1848 and succeeding

years, when to be paid in, etc.,

"

3

Any collector failing to pay, accord-

ing to the provisions of the third section,

chargeable with interest, etc.,

"

4

Commissioners of tax and levy courts,

and appeal tax court of Baltimore, to

assess, before the first day of June 1848

at full cash value, capital stock of all

incorporated institutions chartered by

this State, whose place of business is

within the limits of said county, etc.,

before proceeding, to give notice 20