1916] OF THE SENATE. 471

levy for the interest and sinking fund and other payments on
account of principal. '"

No. 7—"After the word 'stock, ' in line 11 of Section 10 of
the printed Bill, strike out the word 'or' and in lieu thereof
insert the words 'bonds or other. '"

No. 8—"After the word 'Act, ' in line 12 of Section 10 of
the printed Bill, insert the words 'and for the interest and
sinking fund and other payments on account of principal of
any stock, bonds or other debt of the city issued after the
passage of this Act, to refund any or all of the stock, bonds
or other debt of the city issued prior to and existing at the
time of the passage of this Act. '"

No. 9—"After the word 'fund, ' in line 29 of Section 10 of
the printed Bill, strike out the words 'on the stock or' and in-
lieu thereof insert the words 'and other payments on account
of principal on the stock, bonds or other. '"

No. 10—"In line 31 of Section 10 of the printed Bill strike
out the word 'existing. '"

No. 11—"After the word 'Act, ' in line 51 of Section 10,
strike out the period, insert a comma and insert the words
'and for the interest and sinking fund and other payments
on account of principal on any stock, bonds or other debt of
the city issued after the passage of this Act, to refund any
or all of the stock, bonds or other debt of the city issued prior
to and existing at the time of the passage of this Act. '"

No. 12—"After the word 'Act, ' in line 60 of Section 10 of
the printed Bill, insert the following: 'the rate of local taxa-
tion provided by this section for the territory annexed by
this Act to Baltimore city shall apply to all real and lease-
hold property situated in said territory, to all personal prop-
erty located in said territory, the status of which, for pur-
poses of taxation, is determined by the place of physical loca-
tion; to all personal property, including shares of the capital
stock of corporations belonging to residents in said territory,
the status of which, for purposes of taxation, is determined by
the place of residence of the owner, and to the proportion of
the personal property of ordinary business corporations lo-
cated in the territory annexed by this Act to Baltimore city
apportioned under the Act of 1914, Chapter 324, Section 88-C,
to the capital stock of such corporations owned by residents
of said territory, but no apportionment of the personal prop-
erty of ordinary business corporations located within the lim-
its of Baltimore city as they existed prior to the passage of
this Act shall be made by reason of the ownership of capital