[Document  D.] 


BY  THE  SENATE, 

January  12th,  1882. 

Bead, 

and  referred  to  Committee  on  Finance. 

By  order, 

J.  M. 

Miller, 
Secretary. 

REPORT 


-OF  THE- 


State  Tax  Commissioner. 


OF- 


MARYLAND, 


-TO  THE- 


At  its  Regular  Session,  January,  1882, 


A  J^NAPOLIS: 

L.  F.  COLTON,  State  Priktbr, 


1882. 


Digitized  by  the  Internet  Archive 

in  2010  with  funding  from 

Lyrasis  IVIembers  and  Sloan  Foundation 


http://www.archive.org/details/reportofstatetax1882wool 


REPORT 

OF  THE 


State  Tax  Commissioner. 


STATE  OF  MARYLAND, 

Treasury  Department, 
Office  of  the  State  Tax  Commissioner, 

Annapolis^  Jan.  4tli,  188 '2. 

To  the  Honorable  the  General  Assembly  of  Maryland : 

The  Act  of  Assembly  passed  at  January  Ses.sion  1878, 
Chapter  178,  requires  the  State  Tax  Commissioner  to  ^'report, 
the  amount  of  the  basis  of  assessment  for  State  ^'urposes,  in 
the  several  counties  and  Cicy  of  Baltimore,  with  his  sugges- 
tions in  regard  to  the  same,  to  the  General  Assembly,  at 
each  regular  session  thereof,"  and  in  obedience  to  this  require- 
ment, the  following  report  is  respectfully  sabmitted  to  your 
Honorable  Bodies  : 

State  Taxes  Assessed  upon  Corporations. 
The  aggregate  amount  of  State  taxes  assessed  upon  corpo- 
rations in  this  State,  for  the  year  1881,  by  th<^  State  Tax 
Commissioner,  is  $113,570.57  This  sum,  however,  has  been 
reduced  to  the  extent  of  $1,065.76,  by  redactions  on  the 
assessments  of  corporations,  made  by  the  Comptroller  and 
Treasurer  on  appeal,  leaving  the  total  amount  as  finally 
settled,  $112,504.cil. 

This  sum  is  made  up  of  the  State  taxes  on  the  assessed' 
value  of  the  real  property  of  corporations,  amounting  to 
$39,059  72,  and  State  taxes  on  the  shares  of  stock,  assets  and 
deposits  of  corporations,  amounting  to  $74,510.85. 

The  receipts  of  State  taxes  on  the  shares  of  stock,  assets. 
and  deposits  of  corporations,  during   the  fiscal  year    ended 


IV  REPORT    OF    THE 

30th  September  1881,  as  appears  by  the  report  of  the  Comp- 
troller, (Appendix  Table  7,)  is  $72,463.95,  to  which  must  be 
added  the  IState  taxes  for  the  real  property  of  such  corpora- 
tions for  the  year  1881,  amounting  to  $39,059.72,  making  a 
total  of  $11 1,528.67. 

This  sum  is  larger  than  the  receipts  from  corporations  in 
1879,  by  the  sura  of  $24,371.46,  and  larger  than  those  of 
1677,  by  the  sum  ©f  $38,208. 16. 

The  wihdom  of  the  provision  in  the  Act  of  1878,  chapter 
178,  which  requires  the  real  property  of  all  corporations  to 
be  assessed  in  the  localities  where  such  real  property  is 
situate,  and  the  assessments  of  such  real  property  to  be 
deducted  from  the  aggregate  value  of  the  shares  of  stock,  is 
very  apparent  in  securing  to  each  locality  the  benefit  of  all 
the  real  property  within  its  borders,  for  the  purposes  of  local 
taxation,  and  also  in  furnishing  in  many  cases  a  more  reliable 
valuation  for  the  shares  of  stock. 

The  receipts  of  the  present  year  show  an  exceptional 
proximity  to  the  whole  levy,  and  demonstrate  that  the  work- 
ing of  the  system  is  becoming  smooth  and  acceptable  to  the 
corporations  charged  with  taxes.  While  the  increase  in  tne 
net  levy  of  1881  over  that  of  1879  from  corporations,  is  only 
$12,212.88,  the  increase  in  the  receipts  for  the  present  year, 
amount  to  $24,3*7  1.46,  including  those  from  the  real  property 
of  cnrpotations. 

Table  A,  appended  to  this  report,  exhibits  in  the  aggre- 
gate the  amount  of  State  taxes  levied  on  the  real  property, 
shares  of  stock,  assets  and  deposits  of  corporation?,  for  the 
year  1881. 

Table  B  shows  in  detnil  the  aggregate  assessment  of  the 
shares  of  stock  of  each  bank  or  other  corporation,  the  assessed 
value  of  its  real  property  as  certified  to  the  State  Tax  Com- 
misi^ioner  by  the  County  Commissioners  of  the  several  coun- 
ties and  the  Appeal  Tax  Court  of  Baltimore  city,  the  amount 
of  investments  of  the  capital  of  each  bank  or  other  corpora- 
tion in  the  stocks  of  other  banks  or  corporal  ions  of  this  State, 
upon  which  the  taxes  are  paid,  and  for  which  credits  are 
allowed  under  Section  88,  of  the  Act  of  18J4,  Chapter  4»3, 
the  amount  allowed  to  each  homestead   or  building  associa- 


STATE   TAX   COMMISSIONER.  V 

tion  for  investments  of  its  capital  in  mortgages  on  real  or 
leaseholfl  property  liable  to  taxation,  credit  d  in  pursuance 
ot  the  Act  of  1880,  Chapter  122,  and  the  State  taxes  on  the 
value  of  the  shares  of  stock,  after  deducting  the  assess  d  value 
of  such  real  property,  and  the  credits  for  such  tax  paying  in- 
vestments of  p^irts  of  their  capital,  and  the  amounts  of  such 
mortgages. 

The  aggregate  amount  of  such  mortgages  held  by  home- 
stead and  building  associations,  and  allowed  under  Chapter 
12i,  of  the  Acts  of  1880,  is  $4,415,245.75. 

This  table  contains  the  assessment  of  many  corporations, 
the  shares  of  capital  stock  of  which,  have  never  been  assessed 
previous  to  the  present  year. 

The  amount  of  the  assessed  value  of  the  real  property  of  the 
banks,  insurance  companies  and  miscellaneous  corporations 
contained  in  Table  B,  for  which    certificates    have    been    re- 
turned to  this  office,  for  the  year  1881,  is  $i0,302,61y.01. 

State  Tax  on  Deposits  in  Savings  Institutions. 

Table  C  exhibits  in  detail  the  total  amount  of  deposits  in 
the  several  savings  institutions,  the  amount  not  bearing  in- 
terest and  in  small  accounts  under  one  hund/ed  dollars  each, 
the  assessed  value  of  the  real  property  of  the  institutions, 
the  amount  invested  in  mortgages,  the  amount  invested  in 
U.  S.  Bonds  and  other  non-taxable  securities,  the  amount 
invested  in  stocks  of  the  State  and  City  of  Baltimore,  or  in 
shares  of  banks  or  other  corporations,  on  which  the  State 
taxes  have  been  paid  or  are  payable,  the  amount  liable  to 
taxation  for  State  purposes  and  the  State  tax  thereon. 

The  total  deposits  in  1881,  as  repor<-ed  by  the  several  in- 
stitutions is  124,582,591-77,  amount  not  bearing  interest  or 
in  accounts  under  one  hundred  dollars  each,  |1, 600, 725. 48, 
assessed  value  of  their  real  property,  $529,227.00  ;  invested 
in  mortgages,  $3,423,591.83  ;  amount  invested  in  U.  S. 
Bonds  and  other  Eon-taxable  securities,  $12,119,527.50  ; 
amount  invested  in  securities  on  which  the  State  taxes  are 
paid,  $310,526.50  ;  amount  of  deposits  liable  to  taxation, 
$6,508,993.46;  and  State  tax  thereon,  $12,373.10. 


Tri  REPORT    OF    THE 

These  exceedingly  valuable  and  useful  institutions  having 
no  shares  of  stock,  are  taxed  as  individuals,  or  as  the  repre- 
sentatives of  the  seveial  depositors,  whose  savings  they  em- 
ploy with  such  advantage  to  the  public  and  the  parties  who 
use  them  for  the  safety  and  profitable  employment  of  their 
.respective  funds. 

Aggregate  Basis  of  Taxation  for  State  Purposes. 

The  total  assessment   of  the  property  of  the  State,  liable 
to  State  taxes,  exclusive   of  the   taxable   certificates  of  State 
stock,  bonds  of  the  State  and  stock  of  the  City  of  Baltimore 
for  the  year  1881,  is  §501,939,468.19. 
Table  D  exhibits  the  total  assessed  value 

of  real  and  personal   property   liable  to 

State   taxes    tor  the   year    1881,    as   re- 
turned by  the  County  Cammissioners   of 

the  several  counties,   and    Appeal  Tax 

Court  of  the  City  of  Baltimore,  to  be...  $461,459,939  00 
Net  basis  of  assessment  of  corporations  in 

1881 61,311,875  20 

Aggregate $522,771,314  20 

Less   real   property    of   corporations    con- 
tained in  first  item....... 20,831,846  01 

Total  amount  liable  to  State  taxes..  '  $501,939,468  19 

The  total  net  assessment  of  corporations  for  the  year  1881, 
after  deducting  $4,415,245.75  for  mortgages  upon  real  and 
leasehold  property  held  by  homestead  or  building  associations 
exempted  under  Chapter  122,  of  1880,  is  $61,311,375.20. 

This  sum  is  larger  than  the  net  basis  from  corporations  in 
1879,  by  the  sum  of  $6,472,267.44,  and  exceeds  that  of 
1877,  by  the  sum  of  $18,806,731.20,  an  amount  larger 
than  the  total  assessed  value  of  real  and  personal  property, 
in  either  Allegany  or  Washington  county,  larger  than  that 
of  Harford  and  Howard  counties  combined,  is  more  than  the 
total  assessment  of  the  four  counties  of  Southern  Maryland 
combined,  or  of  ihe  four  lower  counties  of  the  Eastern  Shore 
combined. 


STATE  TAX  COMMISSIONER.  Vll 

I  cannot  but  think  that  this  large  accession  to  the  basis  of 
assessment  of  corporations,  since  the  establishment  of  this 
office,  clearly  demonstrates  the  usefulness  of  the  office,  and 
the  wisdom  of  its  creation. 

Table  D  also  presents  a  comparative  view  of  the  assessed 
value  of  real  and  personal  property  liable  to  State  taxes  in 
each  county  and  the  City  of  Baltimore  in  the  years  1876, 
1877,  1880  and  1881,  showing  the  amount  in  the  year  pre- 
vious to  the  late  general  assessment,  the  amount  in  the  year 
succeeding  that  assessment,  and  the  amount  in  the  last  and 

present  years. 

Appeals  in  1881. 

Table  E  shows  in  detail  the  several  appeals  taken  by  cor- 
porations in  the  year  IbSl  from  the  assessments  of  the  State 
Tax  Commissioner,  and  the  action  of  the  Comptroller  and 
Treasurer  on  such  appeals.  In  ten  out  of  twenty-three 
cases  in  which  appeals  have  been  taken  in  1881,  the  assess- 
ments of  the  State  Tax  Commissioner  have  been  affirmed. 
In  thirteen  cases  the  assessments  have  been  reduced.  The 
aggregate  reduction  amounted  to  $568,405.54,  and  the  State 
tax  on  the  same  to  $1,065  76. 

Appeals  in  1880. 

The  appeals  taken  in  1880  are  given  in  Table  F,   with  the 
action  taken  on  them.     In  twenty   out  of  twenty-three  ap-- 
peals  taken  in  1880  the  assessments  were  reduced. 

Basis  op  Taxation  op  Corporations  in  the  several  Counties 
AND  City  op  Baltimore. 

Table  G  shows  the  basis  of  taxation  of  corporations  in  the 
several  counties  and  City  of  Baltimore  for  the  year  1881,  in 
real  property  and  in  the  net  value  of  shares  of  stock  after 
deducting  the  assessed  value  of  the  real  property  and  the 
credits  allowed  under  Section  88,  of  the  Act  of  1874,  Chap- 
ter 483,  and  under  the  Act  of  18S0,  Chapter  122. 

The  distributions  made  in  this  office,  insure  to  each  county 
and  the  City  of  Baltimore  the  net  amount  of  the  shares  of 
capital  stock  of  each  corporation,  owned  in  such  county  and 
the  city  for  the  purpose  of  local  taxation.  The  value  of  the 
shares  owned  in  each  CDunty  and  the   City  of  Baltimore   is 


Viii  REPORT   OF   THE 

certified  to  the  County  Commissioners  of  the  county^  and  t& 
the  Appeal  Tax  Court  of  the  city,  and  the  corporation  m 
directly  charged  with  the  payment  ot  the  taxes  in  solido-. 
This,  while  it  insures  to  the  county  or  city  where  the  shares 
are  owned,  the  collection  of  the  taxes  on  all  the  shares  ovrmed 
in  such  county  or  city,  is  also  an  accommodation  to  all  shsre- 
hoiders  who  are  disposed  to  pay  their  taxes  properly,  and  with- 
out an  attempt  at  evasion.  At  the  same  time  evasion  of  mij 
sort,  if  desired,  is  impracticable  from  the  fact,  that  in  this  cen- 
tral office  all  the  taxable  shares  must  be  charged  somewhere^ 
and  if  a  mistake  occurs  in  the  residence  of  any  stockholderj^ii 
cannot  be  abated  in  one  county  until  it  is  simultaneously 
charged  in  the  other,  where  the  coirection  shows  it  to  belong,. 
The  payment  of  the  taxes  by  the  corporation  in  a  lump,  for 
all  its  stockholders,  is  not  only  a  vast  relief  to  the  city  aad 
county  authorities,  but  is,  in  fact,  a  relief  to  the  stockholders 
themselves,  who,  under  the  present  system,  receive  their 
dividends  free  and  discharged  from  any  lien  for  taxes  or  detrac- 
tion on  such  account. 

I  recommend  that  provision  be  made  by  law  for  an  appeal 
by  the  State,  in  any  case  where  it  may  be  discovered  that  the 
assessment  has  been  made  lower  than  the  facts  of  the  case- 
may  warrant.  It  may  occur  that  from  a  defective  returny  or 
from  some  misapprehension,  the  assessment  may  be  made 
lower  than  it  should  have  been,  and  in  such  case  it  is  neces- 
sary, in  my  judgment,  that  the  Comptroller  should  be  autho- 
rized by  law,  either  on  his  own  motion,  or  on  the  suggestion 
of  the  County  Commissioners  of  any  county,  or  the  Appeal 
Tax  Court  of  the  City  of  Baltimore,  to  make  an  appeal  in 
any  case  where  the  assessment  may  be  considered  as  too  low^. 
in  order  that  the  assessment  may  be  reviewed  and  determined 
in  the  same  manner  as  is  now  provided  by  law  in  case  of  tbe 
dissatisfaction  of  the  corporation  whose  shares  of  stock  haTe 
"been  assessed.  It  may  occur  that  after  an  assessment  has 
"been  made  and  turned  over  to  the  Comptroller,  that  furtber 
information  may  be  obtained,  showing  the  assessment  to-  be 
inadequate,  and  if  the  appeal  is  provided  as  suggested^  m& 
injustice  need  be  done  to  the  State  and  local  authorities  ®u 
account  of  it,  as  the  defect   can   be  remedied  by  a  reheariug; 


STATE   TAX    COMMISSIONER.  IX 

upon  appeal,  and  subsequent  determination    by  the  Board  of 
Appeal. 

I  suggest  that  the  return  day  for  all  corporations,  be  made 
the  Ist  day  of  January  instead  of  the  first  day  of  March,  as 
is  now  provided  by  law.  This  would  give  time  to  mace  the 
assessments,  and  to  hear  appeals  therefrom,  in  time  to  have 
them  finally  determined  before  the  day  of  making  the  annual 
levies  of  taxes  in  the  counties  and  Oity  of  Baltimore. 

The  end  ot  the  year  is  also  a  time  of  general  settlement  for 
almost  all  corporations,  and  the  residence  of  the  stockholders 
can  be  ascertained  at  that  time,  as  well  as  at  any  other  season 
of  the  year,  and  the  business  aff  lirs  of  the  corporations  hav- 
ing been  at  that  time  subject  to  an  annual  statement,  are  in 
better  shape  to  enable  the  officers  of  the  corporation  to  make 
an  intelligent  and  correct  return,  than  can  be  at  any  other 
season  of  the  year.  G-reat  inconvenience  has  been  suffered 
by  the  late  day  of  return,  and  the  difficulty  of  having  ap- 
peals heard  in  time  tor  the  general  levy,  which  would  be 
obviated  by  the  proposed  change. 

I  also  suggest,  that  it  be  made  incumbent  upon  the  County 
Commissioners  and  Appeal  Tax  Court,  before  increasing  the 
valuation  of  property  already  assessed,  to  notify  the  owner 
thereof,  or  his  agent  in  possession  of  such  property,  that  the 
valuation  of  such  property  requires  revision,  and  summoning 
him  to  appear  before  them,  if  he  desires  so  to  do,  and  be 
heard  in  reference  to  such  revaluation. 

Taxation  of  Telegraph  Companies. 

The  taxing  of  telegraph  companies  operating  lines  for 
profit  in  the  various  counties  and  the  City  of  Baltimore,  is  a 
subject  that  has  engaged  the  attention  of  the  County  Com- 
missioners and  Appeal  Tax  Court ;  but  no  enactment  specially 
applicable  to  their  case  has  been  made  by  the  Legislature. 
I  suggest  that  provision  be  made,  by  latv,  for  the  assessment 
of  the  lines  of  telegraph,  in  each  locality  where  they  may 
exist,  including  posts,  wire,  insulators  and  everything  at- 
tached to  the  soil,  as  real  propeity,  and  office  furniture  and 
instruments  as  personal  property,  and  that  such  assessments 
be  returned  to  this  office  as  well  as  to  the  County  Commis- 
sioners and  Appeal  Tax  Court. 


:X  REPORT   OF    THE 

If  this  be  done,  no  complicatiuns  need  arise  in  the  case  of 
'home  companies  and  foreign  companies  working  under  char- 
ters from  other  States. 

In  the  case  of  home  companies,  organized  under  the  laws 
of  this  State,  if  the  lines  are  taxed  as  real  property,  the  as- 
sessment in  each  county,  and  in  the  City  of  Baltimore,  can  be 
deducted  from  the  aggregate  value  of  the  shares  of  stock,  as 
in  case  of  other  corporations  ;  whereas,  if  taxed  as  personal 
property,  the  whole  must  be  merged  in  the  geneial  value  of 
the  shares  of  stock,  and  the  localities  through  which  the 
lines  pass,  may  thus  be  deprived  of  the  benefit  of  the  assess- 
ment ior  local  tasation.  These  companies  enjoy  an  easement 
resembling  in  most  respects  the  easements  enjoyed  by  gas 
companies  and  street  railway  companies,  which  are  now 
taxed  as  real  property.  This  is  the  mode  of  taxation  in 
other  States,  and  I  think  its  adoption  here  by  express  pro- 
vision of  law,  would  prevent  any  difficulties  from  arising  in 
regard  to  the  proper  distribution  of  the  benefits  of  the  assess- 
ment among  the  localities  interested.  In  the  case  of  home 
companies,  the  assessment  of  the  personal  property  would  be 
useful  in  ascertaining  the  true  value  of  the  shares  of  stock, 
and  in  the  case  of  foreign  companies,  the  assessment  of  both 
real  and  personal  property  would  be  the  measure  of  taxation 
in  each  locality  where  it  exists. 

Equality  of  Taxation. 
The  people  of  Maryland,  after  establishing  their  sov- 
ereignty by  the  overthrow  of  the  dominion  of  the  King  of 
Great  Britain,  in  their  first  effort  to  construct  a  government 
of  their  own,  prescribed  as  the  fundamental  rule  upon  the 
subject  of  taxation,  "that  every  person  in  the  State,  or  hold- 
ing property  therein,  ought  to  contribute  his  proportion  of 
public  taxes  for  the  support  of  the  government,  according  to 
his  actual  worth  in  real  and  personal  property."  This  rule 
established  by  the  people,  through  their  representatives,  in 
the  exercise  of  their  highest  sovereign  power,  was,  no  doubt, 
intended  by  our  unsophisticated  ancestors,  as  establishing  an 
invariable  principle  which  it  would  be  beyond  the  power  of 
the  General  Assembly  to  alter  or  abridge  in  any  way.  A 
refined  judicature,  however,  was   not   long  in   giving  a  dif- 


STATE   TAX   COMMISSIONER.  XI 

ferent  construction  to  its  meaning,  and  as  since  interpreted, 
it  must  be  held  to  mean  that  every  person  in  the  State,  or 
residing  elsewhere,  who  is  the  owner  of  any  property,  real  or 
personal,  in  this  State,  wo^  exempted  from  taxation  by  ilielaios 
of  this  State,  ought  to  contribute  his  proportion  of  public 
taxes  for  the  support  of  the  government,  according  to  his 
actual  worth  in  such  unexempted  property. 

The  latter  being  now  the  accepted  construction,  the  ques- 
tion must  be  discussed  from  a  standpoint  of  expediency,  and 
the  Legislature  must  consider  in  regard  to  each  proposed 
exemption,  whether  the  interests  of  the  masses  of  the  people 
will  be  promoted  or  injured  by  its  enactment  into  a  law. 
The  Legislature  may  also  be  called  on  to  consider  whether 
exemptions  already  made  by  laws  which  are  repealable  and 
within  their  power,  shall  bs  continued  as  beneficial  to  the 
general  interests  or  whether  such  general  interests  would 
be  advanced  by  their  repeal.  I  know  of  no  better 
way  of  calling  to  the  attention  of  the  G-eneral  As- 
sembly the  necessity  for  equalization,  or  the  great 
value  of  the  principle  of  equality  in  taxation,  than  to  pre- 
sent to  your  view,  a  lew  of  the  striking  inequalities  which 
obtain  under  our  laws  as  they  now  exist.  A  large  amount 
of  revenue  is  necessary  for  the  maintenance  of  good  govern- 
ment and  for  the  education  of  the  people,  to  give  them  the 
intelligence  requisite  for  a  sound  appreciation  of  good  gov- 
•ernment,  and  to  enable  the  voters  of  the  State  to  act  under- 
standingiy  in  exercising  the  sovereign  power  of  electing  their 
rulers  and  maintaining  their  liberties  and  best  interests. 
We  are  not  called  upon  to  discuss  in  this  connection  the 
wisdom  of  exemptions  from  taxation  made  by  the  Federal 
Government,  whether  made  in  the  exercise  of  the  limited 
superior  sovereignty  committed  by  the  people  of  the  States, 
through  the  Federal  Constitution,  to  the  Congress  of  the 
United  States,  or  by  assumptions  of  power  not  intended  to 
be  granted  by  that  instrument.  Our  discussion  must  be  con- 
fined to  exemptions  from  taxation  created  by  the  legislation 
of  this  State.  Under  our  laws  as  at  present  constituted,  a 
man  who  is  the  owner  of  a  house  or  lot  of  ground  in  Balti- 
more city,  or  of  real  property  in  a  county,  must    pay  taxes 


XI 1  REPORT   OF   THE 

upon  its  full  value,  and  frequently  upon  a  larger  valuation 
than  the  property  could  possibly  be  sold  for  in  the  market, 
while  his  next  neighbor  may  hold  fifty  times  the  amount  in- 
mortgages  upon  real  or  leasehold  property,  the  safest  and  at 
this  moment  the  most  remunerative  investment  which  can  be 
made,  and  pay  no  taxes  whatever.  A  merchant  owning,  or 
having  in  his  possession  a  stock  of  goods,  large  or  small, 
must  pay  full  tax^^s  on  his  place  of  business,  and  on  his  stock, 
of  goods,  and  besides  also  a  license  tax  for  the  privilege  of 
exposing  them  to  sale  with  a  view  to  profit,  while  bis 
neighbor  may  own  a  million  of  dollars  worth  of  coupon 
mortgage  bonds  of  railroad  or  other  companies,  which  are 
exempt  from  taxation,  and  pay  no  taxes. 

The  small  manufacturer  who  works  by  hand  has,  it  is 
true,  an  exemption  of  his  tools  from  taxation,  but  his  stock  of 
goous  is  liable  to  assessment,  and  as  he  must  have  a  house  to 
live  in,  and  a  house  to  transact  his  business  in,  he  is  taxed  on 
both. 

The  large  manufacturer,  however,  is  now  contending  that 
not  only  his  plant  and  machinery  should  be  exempt,  bufe 
that  the  whole  capital  employed  in  the  business  must  also 
be  exempt,  although  it  may  yield  an  annual  income  of 
filteen  or  twenty  per  cent. 

While  the  Legislature  may  believe  it  expedient  to  grant 
special  privileges  to  enterprises  of  untried  or  uncertain  re- 
muneration, if  such  enterprises  are  believed  to  tend  to  useful 
ends,  and  the  welfare  of  the  community,  I  can  see  no  reason 
why  the  exemptions  or  privileges  should  be  continued  long 
atter  the  success  and  profitableness  of  the  enterprises  has- 
been  fully  established. 

It  cannot  be  doubted  that  the  prosperity  of  the  State  will 
be  greatly  enhanced  by  the  establishment  of  successful 
manufactures,  but  it  is  also  believed  that  to  be  successful^, 
they  must  be  originated  by  men  who  rely  more  on  their  own 
inttdligence,  industry,  perseverance  and  indomitable  energy, 
than  they  do  upon  special  privileges  and  exemptions  granted 
by  law.  The  man  who  undertakes  an  enterprise  under  the 
belief  that  the  community  intends  to  insure  its  support  by 
law,  will    hardly   succeed    if  all    the   special   privileges  the 


STATE   TAX   COMMISSIONER.  Xlll 

'Legislature  can  gi'ant,  are  vonchsafed  to  him,  while  he  who 
relies  on  his  intelligence  and  industry  will  succeed  in  spite 
of  adverse  circumstances.  Ouly  such  manufactures  as  sup- 
port themselves  without  being  a  burden  upon  the  com- 
munitVj  are  a  benefit  and  source  of  wealth  to  such  com- 
munity. 

If  any  one  thing  has  a  superior  claim  to  be  exempted  from 
taxation,  it  seems  to  me  it  should  be  the  savings  of  the  poor 
who  are  making  efforts  through  the  instrUjUientality  of  home- 
stead or  building  associations,  or  of  savings  institutions,  to 
provide  themselves  with  homes  for  their  families. 

This  does  not  apply,  however,  to  large  land  and  loan  com- 
panies, which  have  immense  furas  invested  for  gain  and 
profit  to  the  stockholders. 

Many  of  these  institutions  really  do  a  banking  business, 
and  should  be  taxed  to  the  value  of  the  capital  thus 
profitably  employed. 

The  banks  are  subject  to  severe  taxation  by  the  Federal 
Oovernment,  and  their  shares  of  stock  to  equal  taxation  with 
other  property,  by  the  State,  counties  and  city,  and  it  would 
seem  that  other  corporations  doing  a  business  in  the  nature 
of  a  banking  business,  and  receiving  a  profit  equal  or  greater 
than  that  made  by  the  banks,  should  enjoy  no  greater 
privileges  or  immunities  than  are  allowed  to  the  banks. 

The  masses  of  the  people  demand  that  the  inequalities 
complained  of  shall  be  remedied  as  far  as  it  is  in  the  power 
of  the  General  A.ssemby  to  remedy  them,  and  that  the 
equality  of  taxation  as  prescribed  in  the  Bill  of  Rights  and 
Constitution  of  the  State,  shall  be  maintained  to  the  full  ex- 
tent of  the  power  of  the  Legislature. 

The  question  of  the  taxation  of  mortgage  debts  has  agi- 
tated the  people  of  the  State  since  their  exemption  from  tax- 
ation under  the  law  of  18*70. 

The  holders  of  large  amounts  of  these  debts  advocate  their 
exemption  as  a  geLeral  rule,  while  the  masses  of  other  prop- 
erty holders  demand,  that  they  shall  be  taxed  at  their  true 
value,  as  other  investments.  It  is  asserted  by  the  holders  of 
mortgage  debts,  that  their  taxation  is  a  double  taxation,  but 
this  can  only  be  maintained  where  the  mortgage  debt  is  for  the 


XIV  REPORT   OF   THE 

unpaid  purchase  money  for  the  land,  in  which  case  it  is 
easy  for  the  Legislature  to  provide,  that  the  portion  of 
the  unpaid  purchase  money  for  land  secured  by  mort- 
gage thereon,  shall  be  credited  to  the  possessor  of  the' 
land,  and  charged  to  the  owuer  of  the  mortgage  debt,  The 
argument  that  the  mortgagor  will  be  compelled  to  pay  the 
taxes  on  the  debt  in  the  hands  of  the  mortgagee,  is  fallaciouSy 
if  the  Legislature  makes  it  unlawful  for  the  holder  of  the 
mortgage  debt  to  exact  such  taxes  from  the  mortgagor,  and  by 
law  authorizes  the  recovery  from  such  holder,  of  the  amount 
of  such  taxes,  if  the  same  have  been  extorted  from  the  mort- 
gagor. 

A  mortgage  of  land  is  an  hypothecation  of  the  land  as  a 
security  for  the  payment  of  a  sum  of  money  loaned  upon  the 
faith  of  its  adequacy  to  assure  the  certainty  ot  the  repayment 
of  the  money,  and  I  cannot  see  the  difference  in  priaciple^ 
between  the  hypothecation  of  real  property  as  a  security,  and 
the  hypothecation  of  some  personal  investment  which  is  taxa- 
ble, as  a  security.  In  the  one  case  it  is  claimed  to  be  double 
taxation,  while  in  the  other,  no  such  claim  is  pretended  to  be 
made.  To  instance  a  case  in  point :  Two  men  are  owners  of 
an  equal  amount  of  property,  the  one  has  real  property  and 
the  other  has  a  certificate  of  ownership  of  shares  in  a  bank,  of 
equal  value.  Both  the  real  property  and  the  shares  of  stock 
are  assessed  for  the  same  amount,  and  are  of  equal  value. 
Both  parties  go  to  an  individual  who  has  mouey  to  loan,  and 
negotiate  a  loan  of  equal  amount,  the  one  by  a  note  and  an 
hypothecation  ot  his  real  property,  and  the  other  by  a  similar 
note,  and  the  hypothecation  of  his  shares  of  stock.  Under 
our  laws,  the  iodividiial  holding  these  two  interest  bearing 
notes,  is  free  from  taxation  on  the  one,  but  is  assessed  with 
the  value  of  the  other.  Now ,  if  the  hypothecation  of  the  real 
property  makes  the  taxation  of  the  debt  secured  by  its  agency, 
a  double  taxation,  why  does  not  the  hypothecation  of  the 
shares  of  stock  render  the  taxation  of  the  debt  thus  secured 
also  a  double  taxation  ?  Yet,  no  such  argument  has  ever 
been  used  to  my  knowledge,  in  the  latter  case. 

This  theory  of  the  taxation  of  mortgages  on  real  property, 
working  a  double  taxation,  (except  in  the  case  of  the  unpawi 


STATE   TAX  COMMISSIONER.  XV 

portions  of  purchase  money,)  is  a  novel  idea,  inculcated  by 
the  holders  of  mortgage  investments,  notwithstanding  the 
Court  of  Appeals  of  the  State  has  repeatedly  decided  that  it  is 
not  a  double  taxaiion,  and  this  argument  has  been  successful 
for  some  time  in  securing  to  such  holders  immunity  from 
taxation.  A  mortgage  debt  is  personal  property,  and  goes 
to  the  executor  or  administrator  as  other  personal  property,, 
and  was  always  liable  to  taxation,  until  the  Act  of  1870  ex- 
empted such  debts,  except  in  the  case  of  unpaid  purchase 
money,  the  mortgages  for  which  had  been  exempted  a  short 
time  before  that  date.  There  is  now  another  theory,  which 
is  not  so  openly  avowed,  but  which  is  commencing  to  be  agi- 
tated by  interested  parties,  namely,  that  nothing  hut  real  prop- 
erty shouldhe  taxed.  If  this  should  succeed,  it  is  clear,  how  de- 
plorable the  condition  of  the  owners  of  real  property  would! 
be  in  this  regard. 

The  fact  that  so  much  of  the  interest  bearing  capital  of  ttiig 
State  now  escapes  taxation,  throws  au  exceedingly  unjust 
weight  upon  the  holders  of  tangible  property,  and  any  increase- 
of  that  weight  would  tend  to  a  further  depression  of  real  prop- 
erty. So  great  is  this  depression  already,  that  no  astute  busi- 
ness man  in  the  City  of  Baltimore  prefers  to  own  his  own  house, 
it  being  much  cheaper  and  easier  for  him  to  rent  one,  and  leave 
the  burden  of  taxation,  repairs,  water-rent  and  other  expenses 
upon  the  shoulders  of  another.  It  has  heretofore  been  held  as 
an  axiom  in  the  good  government  of  a  State  or  country,  that  its 
legislation  should  be  so  framed  as  to  encourage  the  owner 
ship  of  the  soil  by  its  citizens  ;  and  especially  that  every 
man  should  be  interested  to  own  his  own  home.  That  such 
is  not  the  fact  in  this  State,  now,  it  is  only  necessary  to 
state,  that  in  the  City  of  Baltimore  at  this  time,  every  build- 
ing association  or  land  company  which  lends  upon  mortgage., 
regards  as  the  worst  calamity  which  can  befall  its  inter- 
ests, to  be  compelled  to  become  the  owner  of  real  property. 
The  possession  of  a  considerable  amount  of  real  property  by  a 
corporation ,  has  been  repeatedly  urged  as  a  valid  reason  for  an 
exceedingly  low  assessment  of  its  shares  of  stock.  This  is 
true  in  all  instances,  notwithstarding  the  fact  that  the  as- 
sessment of  the  real  property  is  deducted  from  the  aggregate 


Xvi  BEPORT   OF   THE 

value  of  the  shares  ot  stock,  as  directed  by  law.  This  sub- 
ject was  discussed  at  length  in  my  report  to  the  la.>-t  General 
Assembly,  and  it  is  not  deemed  necessary,  therefore,  to  pur- 
sue it  further  in  this  report.  It  cannot  bat  be  obvious  to  all, 
that  great  inequalities  exist,  and  the  demand  of  the  people, 
that  they  shall  be  remedied  as  far  as  practicable,  is  admitted. 
It  is  for  the  General  Assembly  to  devise  the  remedies  which 
are  necessary  to  ensure  equality,  in  accordance  with  the  re- 
quirements of  the  Bill  of  Rights. 

OPPOSITION  TO  EQUALIZATION. 

The  opponents  of  the  equalization  of  taxation  have  not 
been  idle,  but  have  made  a  determified  war  upon  it,  and 
upon  this  office,  which  is  one  of  the  instrumentalities  by  which 
the  equalization  is  expected  to  be  promoted.  It  could  hardly 
be  expected  to  be  otherwise,  when  it  is  considered  that  no 
man  who  has  accumulated  great  wealth,  thinks  he  ought  to 
pay  taxes  in  proportion  to  that  wealth,  and  that  corpora- 
tions, which  have  escaped  taxation  heretofore,  are  natu- 
rally unwilling  to  be  subjected  to  it.  No  more  ungra- 
cious or  bootless  task  could  be  undertaken  by  any  one, 
than  that  of  attempting  to  convince  such  persons,  or  such 
corporations,  of  the  equity  of  the  practical  operation  of  the 
principle,  prescribed  in  the  Bill  of  Riglits  in  regard  to 
equality  of  taxation.  The  organization  to  oppose  it,  is  m  k- 
ing  the  most  strenuous  efforts  to  have  the  office  abolish- 
ed if  possible,  and,  if  that  should  fail,  to  cripple  its 
efficiency,  by  rendering  impossible  any  legislation  in  aid  of 
the  work  of  equalizatioa.  Various  objections  have  been 
urged  for  the  destruction  of  the  office,  which  it  is  believed  to 
be  the  duty  of  the  incumbent  to  discuss. 

First.  It  is  objected  that  the  office  should  be  abnlished, 
because  the  duties  ought  to  be  performed  by  the  0  )mptrolltr. 
In  the  first  place,  it  was  because  the  duties  could  not  be 
properly  performed  by  the  ComotroUer  that  the  necessity 
lor  a  separate  office  became  apparent.  The  C  >nstitutioa 
does  not  make  the  Comptroller  an  assessing  officer.  That 
instrument  gives  the  Comptioller  no  power,  nor  does  it  make 
it  his  duty  to  act  as  an  assessor.  It  gives  to  the  Comp- 
troller "the  general  superintendence   of  the  fiscal    affairs  of 


STATE    TAX    COMMISSIONER.  XVil 

the  State,"  and  makes  it  his  duty  to  "snperintend  and  en- 
force the  prompt  collection  of  all  taxes  and  revenne."  The 
power  and  duty  to  assess  the  shares  of  stock  in  corporations, 
for  State  purposes,  v  as  conferred  and  imposed  by  the  Act  of 
1872,  Chapter  90,  and  the  Act  of  1874,  Chapter  483. 

Experience  showed  that  such  duties  could  only  be  im- 
perfectly performed  by  the  Comptroller,  in  consequence  of 
their  interference  with  the  duties  imposed  on  that  officer  by 
the  Constitution,  and  furthermore,  that  it  was  inconsistent 
and  improper  to  blend  the  duties  of  Assessor  and  Collector  in 
the  same  officer. 

Secondly.  It  is  contended  that  the  ofiSce  should  be  abolish- 
ed, because  the  appointment  is  not  vested  in  the  Governor. 

The  Constitution  does  not  make  the  Governor  the  source 
of  all  power.  It  prescribes  that  ^'he  shall  nominate, 
and  by  and  with  the  consent  of  the  Senate,  appoint  all  civil 
and  military  officers  of  the  State,  whose  appointment  or  elec- 
tion is  not  otherwise  herein  provided  for,  unless  a  different 
mode  of  appointment  he  prescribed  hy  the  laiu  creating  tlie 
ofice. 

The  law  creating  the  office  o!  State  Tax  Commissioner  did 
prescribe  a  different  mode  of  appointment^  and  for  reasons 
easily  to  be  seen. 

The  duty  o^  assessing;  shares  of  stock  of  corporations,  being 
a  matter  in  which  the  fiscal  officers  of  the  State  were  more 
concerned  than  any  others,  the  law  vested  the  appointment 
in  that  body,  in  which  the  fiscal  officers  of  the  State  were 
purposely  given  by  the  Constitution,  a  preponderating  influ- 
ence, and  in  whicli  both  of  them  were  represented.  It  was 
proposed  at  the  Session  of  1880,  to  amend  the  law  so  as  to 
make  the  office  elective  by  the  people  of  the  State,  but  a  fear 
that  the  bill,  if  passed,  would  not  meet  with  the  approval  of 
the  Executive,  caused  that  proposition  to  be  abandoned. 

Since  the  creation  of  the  office,  the  net  increase  in  the 
basis  of  assessment  of  corporations  has  been  $18, 806, 731. 20. 

Calculating  the  State  and    county    or   city   taxes    on    this 
amount,  at  an  average  rate  of  one  dollar  in  the  hundred  dol- 
lars, the  net  increase  in  revenue   to   the  State,  counties  and 
2 


Xviii  REPORT   OF  THE 

City  of  Baltimore,  would  be  $188,067.31,  ten  per  cent,  of 
which,  if  awarded  to  the  office,  would  give  it  an  annual  in- 
come of  $18,806.73,  or  about  five  times  its;pres3nt  cost  to  the 
Treasury. 

A  third  objection  is,  that  the  law  does  not  authorise  the 
performance  of  the  duties  of  the  office  to  be  inspected  or  con- 
trolled by  the  Governor. 

The  Governor  has  no  superintendence  of  the  assessments 
of  property  of  any  sort  in  the  iSfcate,  nor  has  such  superin- 
tendence  ever  been  committed  to  the  Executive  bv  any  assess- 
ment law  of  which  I  h^ive  any  kaowlel^e.  T  le  appoint- 
ment of  assessors  at  the  general  assessments,  has  been  con- 
fided to  the  Governor,  but  the  superintendence  of  the  per- 
formance of  their  duties  under  the  law,  has  baen  placed  in 
the  financial  department  of  the  State  Government.  Asses- 
sors are  not  required  to  give  bond,  but  only  to  take  an  oath 
to  compel  a  faithful  performanc3  of  their  duties.  They  re- 
ceive no  money,  and  therefore  have  only  to  exercise  their 
best  judgment,  subject  to  review  and  alteration  by  such 
board  of  appeal  as  the  law  provides  for  that  purpose. 

It  is  precisely  the  same  case  with  the  State  Tax  Commis- 
sioner, who  is  sim^jly  an  assessor  of  the  shares  of  stock  of 
corporations. 

No  charge  has  ever  been  made  by  anyone^  so  far  as  I  am 
advised,  that  the  duties  of  the  office  have  not  been  conscien- 
tiously and  intelligently  performed,  and  with  the  most  scru- 
pulous desire,  to  do  exact  justice  to  the  State  andHhe  corpo- 
rations interested.  In  fact,  I  believe  that  all  parties  have 
conceded  that  this  is  true. 

It  is,  however,  regarded  as  a  useless  office  by  all  those  who 
are  violently  opposed  to  the  equalization  of  taxation. 

The  office  is  merely  in  its  infancy.  Such  an  office  has 
proved  of  immense  value  in  other  States,  and  its  usefulness 
can  be  extended  here,  so  as  to  make  it  of  much  greater  value 
to  the  people  than  it  now  is.  The  real  reason  for  advocating 
its  discontinuance  or  the  destruction  of  its  efficiency,  is  a  desire 
to  put  a  stop  to  the  farther  equalization  of  taxation,  and  to 
Bilence  the   discussion   before  the   Legislature  of   the  sub- 


STATE  TAX   COMMISSION ER.  XIX 

jects,  ia  which  the  masses  of  the  people  are  most  vitally  in- 
lerested.  If  the  General  Assembl}^,  in  its  wisdom,  desires 
that  this  shall  be  done,  they  will  abolish  the  office,  or  so  crip- 
ple its  operations,  that  its  uselulness  cannot  be  increased. 
If,  however,  the}'^  shall  think  it  im])ortant  for  the  interests  of 
the  masses,  that  the  work  of  equalization  demanded  by  the  peo- 
ple in  their  platforms  of  1879  and  1880  shall  be  continued, 
they  will  leel  bound  not  only  to  permit  the  office  to  continue, 
but  will  give  it  such  aid  by  legislation,  as  they  may  find  neces- 
sary and  proper  to  promote  the  objects  of  its  creation. 
Eespectfully  submitted, 

LEVIN   WOOLFORD, 
State  Tax  Commissioner. 


APPENDIX. 


REPORT    OF    THE    STATE    TAX    COMMISSIONER. 


T  A  B  L  E     A  . 

Showing  the  aggregate  of  State    Tax  oa    Corporations  for  the 

year  1881. 


;  CORPORATIONS. 


Banks  in  Baltimore  Cit.v  on  Real  Property.... 
County  Banks  "  " 

Insurance  Companies  "  " 

Savings  Institutions  "  " 

Miscellanous  Corporations  '•  " 

Banks  in  Baltimore  City  on  Shares  of  Stock.... 
County  Banks  "  "     .... 

Insurance  Companies  "  "    .... 

Savings  Institutions  on  Deposits 

Miscellaneous  Corporations  on  shares  of  Stock. 


Amount. 


Aggregate 

Less. State  Tax  on  amounts  reduced  on  appeal  (Table  E.) 
Total  amount  of  State  Tax  on  Corporations 


$  2,731  24 

374  93 

1,426  18 

992  30 

33,535  07 


25,663  07 

5,756  47 

4,020  31 

12,373  ]0 

26,697  90 


Aggregate. 


$39,059  72 


74,510  85 


$113,570  57 
1,065  76 


$112,504  81 


REPORT    OF    THE 


» 


W 

III 

■< 
h 


<» 


.  i  i^ 

'^     l^   CO    ^    i 

en       ^j     CO       e*      -vj> 
03      o^     ~ 


-   s    ^ 


5=      S 

O     "- 

"■2     ^ 


00 


O 


■"  '^  '«  ^ 
^  ^  '2  ^ 


^ 


^ 


<ii 


5- 


■2  ■'^ 


«   ^   ^ 

e    s    "^      -     " 


CO      CO 


'Z^  ^    ^ 


Si.    § 

53 


^     O     -O 
•■s>    CO     C3 


^  cc 

-     GO 


>^   ..    ^   2   ^  s 


Cn 

•^ 

q; 


s    S    2 


CO     ^     'S     to 

o 


^5  '^.  « 


•donv.\VQ  no 


•aop'EXBj,  o; 
-doij  iBa^Ji  no 

S3^'B£4JOJ^ 


s}a9cai88A 
-HI  Joj  s:tipaJO 


9ri[-ej^  psssassy 


•3I004S  josgj'Bqg 
JO  9n\v^ 


C5  CO  00  cc  -    - 

iOCOOO«-#Ot        ___ 

»— (cocic^ro*^-— '^^-^ 


000000000 
000000000 


■  to::oot-o»o-*o 


-:i<  CO  lO  -<# 


032CCOOOOC-5i 

Oi— !■— lOOO>^■-^,-      _-_     _ 

iccoJoO'*inc^-ja)CiooO— ■ 


1  t-  CO  t^  o  o  o  c^ 

_  I  CD  CO  t—  t-  r 

co»a^t~c-'4:cir-coco 


CO  ^  cc  O  ro  I:^  > 

o  O  ^  la  .     '- 


CS  r-i  CO  Pi 


_    .  ..>2q 

C^      •  tij  ^ 

>-  .^        "Ti 

3  =«  »  c 
a=5  «5- 
.     «  " 


cS2 


c  c  g 


=i   -  >- 


ill 


KP 


o  c  a'  a  ' 


^-.  rt>  (^  (^  t-  _ 


s  a 


0)    O    <U    03 


STATE   TAX  COMMISSIONEB. 


!  O  C  l~  t-  o 


U3  05  CC  <C  C<1  ( 

i-TT-rpHori-r 


^  zc  \r:  ( 

CO  t~  C  ' 
CO  OC  -r^  • 


OOCiOCOirtC^t-OOlC'^i— 'I 


C^»O0C'^COt^»—  t-lO 


o  o  c  o 

c  o  o  o  o  o 

o  o 

o  o  o  o 

o  o  o  o  c  o 

O  O  c:  ,-1 

(M  r-i  0>  --  -*  M 

o  o 

-H  CO  ro  c=  r-  o 

OG  CO  ^  >-0  CO  00 

c  o 

ce  >-i  c  ^ 

CO  i-J  OC  t-  C<I  ^ 

00  CO 

t~  -*  oc  — 

CO  CO  C<1  '^  1— *  C<l 

oooooooooooo 
ocooooooooco 

mooooocooooo 

COOOOOOOe-lCOOuo 

co_coecoiooc^i>-coc<i 


o  o  o 
o  o  o 
o  c^  o 


OOOOOCOOOCCO 

ooocooooooo 
coococoooooo 

OCX.  c-:oC-*000<=> 

ooo_cooot-ooc_o 

OC^CMoTocTi 


o  o  ir2  ^  CO  iC  I 

4  C<>  O    to  CO    F-H    I 


'  t'  lO  CO  t- 


OOOCCOC^iOOCOO  O'ce  oococcooo 
OOOOOOOCOOOOCDOOOOOOOCOO 

OCOO'OOOOOOOOOOOOOOOOOOiO 
OOOOC:;uOOCCCCiCc=)COOOCC<00000 

coooooc;ooccI^c•looc>r^ccD■c:oc:cc; 
*-^ooooi— '^^ooo^^-— o  irf  lc  c-To  o  o'o'O'  c^cT 

CO  -*  OC   CC  u^  CO  OC  -^  .C  O  UO  CO  ir.  C^^  t-  t-  If:  UO  uO  O  CO  C<!  r— I 
COCOCOi— t  r-H  ^HC^C^lr^i — ^CO  i — ^,_,-_( 


;  s=c^  a  =1 

a 


03  Jii 


tu  a 


^^ 


rfl     S     O-^-?.      <5 


d 


.y 


i  a  a  a 


i  eS  s  ce 


"  ce  ^  - 


CS     fe_" 


—  e  o 

cS   c    "5 

•--  cs  ca 


:  ^7, 

3   o^   o 

-  ^  >-  o 

i  i.  =*  "^ 

pelt's  ■==„' 

aPa  a  cs-g 

0_    o3PO    S 

a.S  p 
.2^.2 

i^  afe 
;— •  o  ^ 


S  »s  5 


c3    0^ 

V  2  n  a 


M     03     oe  , 

^1; 


^ca^  a 
=^15  cs=^ 


^  J<1 


a>  aj 

s  a 


'M 


ce  i^  ce 
iSS  a  Cp3 


!2;.2 


B_u  al 

a  a  a 
.2  ^.2! 


■s  a  a' 

£  fc.  t- 
.2   c«   cS. 


OS  oi 


5  S  .2  J-  ^ 
- o;5  03  D 

3,     f^cO   =^ 

^  c—     oa 

d^^  a  •* 

3  2  «.2  y 

5  CO  CO  !<  'i: 
.  —  —  ^^   c« 


0  a 
c 

_  dj  a  El 

t>  cc  -3 


S&a" 
5  a  ^ 


^^1^^  .,  ^  ^  -  - 


a'o  9 
.2  ^  ™ 

.^  *!^ 


o 


KFPORT    OF    THE 


•80U'B['Bg[  no 


O  OC  UC  C-  O  ■ 


•aouBX'BX  oj      I 
-doj  J  IB9H  no 
m  s^uannsaAaj 


•S8XBJ,  Sni.{Bj 

sjuoniisaA 

-nj   joj   siipajQ 

JO  :janoray 


\a  c<i  c  o 


c  o  c  c  o 
o  o  o  c  o 

O  »C  O  C3  cc 
c:  JC-  C  O  CM 
t^OC  C  1:-  I— I 


•A:jj8dojj 
I'Baa  JO 


=  o  o  o  > 


:  O  O  O  C  O  O  C 


OOOOOOOOOOOOOCO 

Ir-cCi— i^S!MCCC:iCOOt-^omoo 
Ot~>.'^CCi—  c-lOOOCOt-C-lt- 
i-C  O.  i-^  O  -*  i^  C:  O  f—  O  r^  ^-  00 


;  cc  o  . 


O  lA  o  o  o  o 


■  SooSooooo 


^oojg JO  s3jBqg 
JO  an[T!A 


r-  —  ::;  i-  c;  cc  I— I  CO  00  <^  : 


^    £ 


s     s 


2     ^ 


o   ^t^ 


a  c  S  c  c,  c  r- 

«;  c  o  K  ^  *  '^ 

m  D  O   "  ^  ^ 

O  o  o  O  aj  O  3j 

*-^  S  HO   So  O 

m  ?  ?  „..  P  oi  a 

OS  o  f= 


tA^^t^-S 


a  B  a  3 

1^^  a  SoOO£ 
gS  foe  o  c.  ^ 


Bj    C3 


H    C    C.S 


0    3    3 


=    (S 


3^ 

—    O)    O    g  —    ro 

iij .;;  .^  a  d  ^  j^ 

5    a    !U  _M  tu    t.  PU 


«i  -  5  S  a  'i'  =! 
c  g%j  y  u  S  is 
M  S  "^  .5:^  H;  o  o 


«  r*  S  "  S  S  c*  r 

SS~'*sS3a 
K^-  3  =  S^J  o 

^  g  s  o  .=  -^  .^  a 

e  fl  a  J-  o  t^  . 

— -  ja  5  5  a 


lO   3   o 


^a 

C3     o     O     ^ 


d  a, 

cs  be 

ho 


o  S 


=:  a 


STATR    TAX    COMMISSIONER. 


-<f  -^  o>  n 

«0  iO  —<  C5 


00  >o  o  -^  o 


n  o 

O  lO 
00  o 


I  cs  c^  tro  t--  TO  vo  r       "    ~ 

C^  f— 4  f— t  OS  ^  o 


I  iTO  t--  TO  vO  *M  r^  Ci  -# 


O  O  i.O  O  O   O   :=  O 

vivnrorsoOTOt-t- 

:i  t-  =5  ^■5  ru  — I  ^  X) 

^  C~  ■*  ^  C-1  ^-5  0_  O^ 
^  I>-  CO  -^  I>-  •— '  ^^  *-'^ 


I  ;  *    I  *- 

-  -  ...  a 
r  T  :   -  Q 

:  :  =  i  a 

...     -    3 

i  :  :  :0 

:  ;  t  i  =3 

;  :  :  :  -3^ 

:  :  :  !>»a 

:  :  -  3  133 

-  -       -      rT    =- 

:   :  :  a  ss 

:   I  -'^S 

:  ;  iH  fl 

£  E  :-§  s 

^  -.  :  5  " 

'=  :-  :-g^ 
2i  :-S> 


=^^1-3 


^i5 
g  °  a 

i^a  fj.S  §•=  ^ 

.t=  3 .:;  cs  ■-  —  .- 

t.    ^    !-   O    2  c^    ■ 


>^  s  o  g  '^ 
=  -3:2-  = 


o  =. 


,  3Q 


tx-. 


Pr»       f"^  -.^    =?    ^    C3    ^N 


>.'c  2  o  a  >  a  c  S 
—  ^;  t3  g'o  a  u  ce  = 

==  =  2  bc  'fg  5 .2  5^  S^:_ 

=i_  -p-^  o  q  a  ?■-  ca 

b£  o   -  S  S  .?  -3 


a   a  :S 


-■^  a 


5^^-=^ 


■  -^ :;  ^  a  ?  ^   . 


lO 


ra 


t>,  3  -^S  JO 


£2    U-a 


3S  a 
a^ 
5  5 


.2  s  a  ^  ^  a 

=3  X 

o  c  -a  -^i  ■ — ^_>  "  -^  ^-    — . 

■3  g  =u'^  .^  ti :,  a  c-^ 

"  a  bjc «  „^  0:1  "1. 


a  3     ^ 
05  2^' 


3    3^ 


73  5-  =  ■:;  -^ 


^D'O   %' 


Oo^-5—'7;='^li-c«ii^q"i^ 

g*e  a<r.O  a—  q-r^  j'  S  -  — 
■-  53  -a   -  j3 


iiiiU  riiiiiii5".2  |iiio||  1=1  lit 

Ii3||s3»i||i»lli|5||^i;=aii£i^ 


02^       - . 


■ra' 


a  ^  • 


^  T?  a  33  0  a 

M_j   07;   c3   O-rt-a"   ' 


^  ,^  c  .:i  :«  a 


53  .'^ 


!»j    O    1>    O    H    O 

i3  i;  j;  s  •-  ir 

g-S'-ogaaaaa 


3S 

0 

3 

■3 

a 

a) 

c<3 

■b 
,0 

0 

o 
u 

0 
"3 

,=* 

5" 

^ 

> 

n* 

•.11 

cS 

-a 

X 

^ 

j;p 

0 

a 

aJ 

q 

D 

a> 

D 

u 

t-> 

L. 

3 

0 

0 

^•^ 

0 

n 

a 

s 

a 

g 

n 

a 

'^  d  d   zi   li  ^ 

;3  23  2a:qc3  25 


REPORT   OF   THE 


'^ 


a 


PQ 
< 


•aoQ'Bi'Ba;  uo 

X18X  8;B?g 


-dojj"  iBdH  uo 
uis:)uani:jS3Anj 


BineonsgA 

-UJ    JOJ     SJ!p9JQ 

jO  ^unoray 


•X^jsdojj 


■jfooig  JO  seiBqg 
JO  8n(BA 
a:jBSB>jSSy 


t—         »— I  L--  r— I  O  ^  O 


O  O  O  O 

o  o  o  o 


lO  t:~  lO  C^ 


O  CO 
CO  lO 


o  o 
o  o 

oo 

lO  o 

Cq  CO 

c»^co' 


ooooooc^ooooc>oooot-oooooo 

OOC^OOOCSOOOOOOOOOiOOOOOOOO 


oooc<ioocoooi 


lOCOOOi— lOCsot^CDlO 


■^OC<10  0'5  0vOCOOiOO-^COiOiOC<I001r-I 


0^,^,_{-^^— tCDC<ICOt- 


Cq  (M  lO  CO  r— 1 


& 


Ph 


0£ 


a  s 

P2  O 
t«0 


a  03 


0005  go  o 


rt      S      -H-^- 


eS 


O    0<!( 

C4-I  '-^  e*-. 


S    O    0)4^ 

O      ^  f-  -'^ 
Or-ToO 

«  .  a  35 

'a!z;;i;  o 

S  rt  =*  a  i-" 
<1  "-S  « "3  ? 
fl  "  °=^  a 

a  gfe  o.g 

t^H    ■<       O       a       tS 


as 


OCC- 


■42  <^P3 

a  o 

o  o 
5oJwc3-2S-r;oa>^cSca 


^      S 


m 


p  a  o 

oj-^  o 

SlII^EliC-lsilpls-ilill 

-■^i  3j2a— D^a)"r;:J3j;.^csOaj_;c3':;rar3cs-a 
6amG5§WwuPp30ce=:Op,o.2a^Mj:clHq2 
-       -  -        -     ,P3  o  o  §3  3  3'^  «       -  s 


.Sow  a*^o<^^-;"St2^  a*^  a-  -  "^ 

3  s;  ».l^  g  ^  o  1^.5  W^  |,o  JJ  o  »  gM*^  ^^-o  ^ 


OOgOoOOoO- 


IPhM 


O    0    >- 


W 


t."Oo^oooTHO^i-^'~'0>^2„,  _ 

aSaa|aaaaaaaaa-oe_^5a^2S 

•J3  t  -^S  'i:  ci  X!  r  '-C  "15  -TS  '42  -^  ^  -TS  S  t:  -5  3  2  if  3  >  -^ 
c4a)e«cS:-e4e3!«eSo3oi:SOo3.^o30i.t-o3l30« 

MWpqpqfqpqMFqpqPiTMMWnP?  MM  pq  sa  M  M  «= 


STATE    TAX    COMMISSIONER. 


lO  Oi  cc  1-- 


o  o  c  o  o  o 
o  o  o  o  o  cs 

-<*  o  o  o  c:j  fo 
Oi  o  o  'C  t—  c:j 

xO  c£>  o  O  1:^  -^ 


O  GO 


:0000c:  oooc:;ooc::o 

3  {T^  c~:i  (r~i  (T^  f^  CT5  (^T!)  (~~!i  c — ■  , — ■,  r~^  r~>  c— ^ 


OOOOOir:)OOOC.'t:^i>-<:-;;t^t^'iPt_P'i-:   t«;',^i^c;^i 
lOOOOOGOOOOOOCTSfOO'OOOOOOOO' 

COOOlOO:=^-OOOOOC^OOCCOOO■^COOC^CCOC:OOOOOo:^OCC■CD^ 
CiOOt-l:^urDOOOOrHv0C>-2  1--OOC^C^C^C0I>-;^^OOOOO'OOi0OtCc:DCY3 
*X'OOC<lIr^COOiOOOOOk-0'^coOC<lt^COOOOOO":':j:;'^0(>10  0  0000'OJtr--iO 

Ci  o  c-T  -rr'  t-  Ci  ^  lo'o  'M^  ''^  oc  c<i  CO  o  i--  ':c'  T— t ,— I  csi  O'  ir:;  o  ^o'  cTo  cTc^Ticf  oo'crfM" 
io-<*r-(i— <:ot— 100  — '  I— 1       c<:)-^ur:)       CMi— i       -:f       1— ii— ioooOcm  -^ 


~ 0000 

0000000 


■^  oc  t~ 

lO  C5   CO 


I  ^ 


uO 


o  a  *  a 
=*  c  J  2 


-o  <j  -^  .-S  _  .5 


5  h 


Qh 


.2  1^ 

.  o  £  o 
c   j;^  S« 

J2;  <iH  «<J  a 

iM 

gW-  CI 


—  o 

■300 
aq  CD  . 


□    Ol    1- 
«  23  "-  „ 


■w. 


:;■  a  a  S  =^ 


2  Si'^cq  "Si;-s 

3  c^'^ca^- 


^  c  m 


-      S  -2 .2  -S 
-fSO  o  <5  o  o 

£  o  aj  s^  g  S 
O  Q  g  .2  bCJS  <1 


i>^a  '^ 


.    be 

"O  fee  o 


3    CO 


W 


^  «  — ^  ^  p  <u 
loll 


^"^« 


_P3  =s-^G  — 

.2  £.2-3  a  i>.fcc2  a 
t-r'^"Ooaa<jo 


S  =« 


?_  fiO 


« >-^:=^ 


03^  TQ 
O   «    n3 


cS   a    c3 


fc£-l^ 


Pj    faC- 


5  cPi  isfl; 


5  ji  b  o  g  -J  a  ■ 

~  ~     CD     -,     fll     Q:     m  CO  rti     O     -.  rt^  _M  *^^   "H  _M     Cd     C!  •<-r  iZ)  fXi     t- 


03  .S 

,  -0)0000000   go,  oSoooot^o- 

Sgss-a'aaaaafeSgSa-oaga.si^aa 
"2  "S  t>  2  ■■"  '^  i^  2  '*"  '-^  '2  "S  H  g  «  >  ■■«  '-2  « J3  o  •::  's 


1^0  cu  m.S  <c  be-      —  ■" 


]0 


REPORT    OF    THE 


6 


cc 

oc 

m 

^ 

OT 

CM 

• 

-* 

« 

«  Oj  Ci 

■-1 

QC 

■-^ 

t-  CO  C-1 

CO 

!     'SOUBlPa  HO 

1> 

CM  OO  CO 

^ 

}                  XBJ,  O^B^g 

1>^CM_ 

i-Tt-T 

[ 

«» 

1 "                           "~~ 

oc 

c 

o 

O  ;:<  to  O 

O  to 

o 

o 

o    : 

CM 

c 

o 

o  o  t-  o 

o  t- 

o    . 

o 

•noijtxtjx  0} 

pq 

o 

— 1  «  .n  -* 

O  -^  vO 

o 

^    : 

oiqBiq  jf')js 

•-* 
o 

iT 

^ 

o 

o  CO  o  ?•: 

t^   M  rH  « 

C  I- 

00  CI 

lO 

o 

OT 

to    : 

-doJj  l^an  at' 
g8SB:SlJ0j\[ 

ct- 

vi 

co'.-r>*''i-'~ 

l-H                 r-* 

o  ir 

-^ 

lo"" 
C<1 

CM    : 

^ 

nj  sjaannseAUj 

^ 

•sax^x  ^niifBj 

g;uaniiS9A 

o 

-ni;   joj  siipgjQ 

JO  ^nnoray 

^ 

H^ 

~^ 

C 

o  ;:; 

^ 

o 

o  — o 

^ 

.  _  o 

o 

c 

c 

o  c 

o 

o 

o  o  o  c; 

c 

o  o  o  o  o 

o 

cs 

t> 

CO  r- 

CTi 

00 

o  o  o  o 

oc 

O  00  o  o  o 

CO 

•jf^jadojfj 

ir 

y^  CC  ra 

CO 

o  o  c  o 

o  o  o  o  o 

o- 

a 

(X;  i> 

lO 

m 

o  c  o  o 

t- 

to  '^  tO  »— 1  CO 

o^ 

I'BsaiO 

oc 

c- 

vO 

o  o  >n  o 

t-  t~  CM  i-H  lO 

o 

o 

^ 

CO 

TO 

:i*  o  t-  CM 

?0  O  CM 

00 

8n[B^  passa&sy 

OT 

- 

CM 

t-^iO 

^ 

Cr- 

o  —  o 

OO     _    u^OOCi'O^O^ 

zf^  ^  . .^^^    ^i.;:? 

»C 

£ 

o  o  o 

ooot-oooooot- 

CO_OOC;Or-IO 

o- 

cy 

O  0-5  ,- 

C3^  —  in^oooootM 

0000000-;HCO 

•JI30}g  JO  gajBqg 

cnj 

e^oo-soioocoocoMooooo  — 

COOOOOO. O^-H 

cc 

lO  ro  t- 

iOt-t-r-Hr-;OOOOQOt~CO'OOiOCDCOr^O 

JO  anpA 

cr 

oc 

'~<^{"-d<'"cr 

OCOO'^t^OOvOO  OOO  t^OlOC^l^HiOi— 1^.^ 

CJ 

r— (  -^ 

COr-l?-3          r-imOt-r^ln-  ^ 

O  OT  .— 1  CM  lO          CM  00 

^ 

(M                         O^ 

CO  CM 

cc 

co'co" 

el 

^ 

>j 

6 

^ 

5 

^' 

b 

9  £" 

^ 

^ 

'ZS 

^ 

o 

>> 

" 

3^ 

bl 

"3 

3 

Q 

—  o 

V 

23 

3 
o 

O 

l-H 

•T3 
V 

a 
.9 

fl 
o 
o 

1 

> 

C 

a 
u 

c 

'C 

o 
3 

-•a5  -^ 

c 

a 

b3  a 
23.2 

< 

> 

•  °  > 

a 

a 

fe 

C 

9 

"»  c 

ill 

EH 

O 

o 

u 

1 

O 
H 

->) 
05 
O 
CM 
»S 

o 

"c 
c 

a  o.= 

urity  and  Land  Company  of  Baltim 
ilding  Association  No.  5,  of  Baltim 
Real  Estate  and  Fire  Insurance  Co 
Bochemie  Building  Association  No 
uilding  Association  No.  1,  of  Baltii 
Hydraulic  Cement  and  Manufactu 
Coal  and  Iron  Company  of  Aliegaii 
(Jas  Light  Company  of  Allegauy  C' 
ad  Oil  Company  of  Allegany  Coun 
manent  Building,  Savings  and  Loai 

a 

a 
3 

o 
O 

t^ 
fl 
cS 
he 

a. 

< 

I'unng  Compan 
f  Caroline  Coun 
elation  ot  Baltiu 
elation  of  Balti 

O 

CO 

O 

< 

b 

c 

iation 
any  of 
imore. 
anufac 
ition  0 
n  Assoi 
n  Asso 
tijnore. 

e: 

i32   b 

=      3;- 

Crl^            WoO(^ 

=2 

OT 

1 

jcciS 

fl  o'= 

.2  3^ 
g.9J 

ns'    Building  A 
lidation  Coal  C 
n  Company  of 
erlaud  Cast  Ste 
ns'  Building  As 
llton  Land  and 
svills  Land  and 
irdia  Society  of 

fai 
a 
c 

) 

u 
a 

III 

ns'  Sec 
ibia  Bu 
lidated 
Street 
nnial  B 
erland 
erland 
eland 
Iron  ai 
ns'  Per 

al    Miifi 

W 

S 

aiaOK.0,  ^jdj3    ^<v  i. 
•-.2flaJB  =  9°c«'S!: 

3>00£llOfl" 

■  -  a  fl  a  ■  f-  u  i  Q 

c 

.t;oo.rja)!S3!3   j.^a 

."  o  ce  3  .  -  ce  03  o 

C 

c 

C 

c; 

Zi 

c 

c: 

c 

i. 

^ 

L. 

C 

C 

c 

c 

C 

C 

;; 

Z. 

)C 

C 

)C 

>o 

STATE    TAX    COMMISSIONER. 


11 


^ 

0 

Oi  vO 

t- 

t- 

0 

0  c: 

00  <M  t- 

t- 

CM  ca 

00 

C2 

l~  l^ 

t~  <XI 

0 

0  CO 

CO  c~i  -^     : 

CO 

to  t-    : 

la 

« 

r-H  00       " 

i-<  M 

C 

t-  c<i  '^  CI  0    : 

[^ 

0  CO    : 

05 

C-4 

t^ 

0 
to 

0  c 

1:^      ■ 

cc;  c.  ^     : 

:  0 

ic  0  0  0    : 

2^ 

c  c  c  0  0  0-.  0     • 

1    Oi 

cc  e-J 

-*      . 

to  c  c<i     . 

:  ° 

CM  0  0  0     . 

0 

0  0  0  cr  0  ^  0     . 

00 

1— 1  05 

vO 

c^  »c  t—     ■ 

:  00 

0  0  0  CM    : 

c^i^cocoi^oo    : 

1  0 

CQ  -* 

-*  —  C<1 

00  0  0  ■-I    • 

ocoo^orcocoo     : 

ur3 

Ci  zo 

0 

00  1—  05 

:  m 

cr  oc  uo  1—    . 

QOOCOCOCOO^OO       . 

CM 

5C  00 

c« 

OC'  c  >n 

0-:  t-  ^  00 

—J          T—  CO  lO  CM  ,-J  CM       • 

.0 

C<l 

:  " 

CO 

C<1                                CM  00 

^ 

CO 
CM 

-*" 
0 

s 

••o  c:  c  o  o 

0  c  <= 

:  0 

:  0 

:  0      i-H 

o  o  o  o  o 

ceo 

:  "^ 

•  0 

.  0      0 

4Ci  c  c  o  o 

c  cr  0 

:  0 

:  -^ 

:  00       _u 

OC  C  C  01  o 

0  cc  0 

:  0 

:  I— 

:  C'" 

.?■      1 

oc  >c  c.  0;  0 

C  '^  >«__ 

•  'ii-^^ 

.  ^    1  to      1 

-^Orcc'r-'''o" 

ic  c:  co" 

•  ,_q 

:  00" 

,_r  1  ^    1 

0  0-:  I-'  10 

:  "^ 

:  c^ 

1  t- 

I-l 

m 

oc:c;oc:;c;ooi.--c;c;ciPCicc 

c  c 

OOOvOCCOOC-.  COOOOGIOOCC 

t^ 

occoccccc-*coccc;c<ic 

c;  c: 

OOOC<lCCin00300COOrTOOOC 

CO 

ococo--'©cr>r:c:oc<iici—  c 

0  oc 

occocDooc-ioc-i-^oomiT-ooci^oi: 

^ 

OGCOOCC-lOC-HCCC-.  -*^c^c 

0  ir 

0  oc   oc  OO-O  Ci—  COCOC^OOCOCDCOOC 

CO 

CO  uo  c:_^  <=_  c  0  «;  0^  o_ (M_^  iM_  or^  — __  =-1^  c 

■"V^ 

irjt-ccc<iict-ccccocoa:cr:m-*occ;o->J 

^  05' o-T -Ji^  0  cc  Ci  0"  cm"  ^  t-'  00  c"  icT  oc 

"-<*  c- 

t- co' ci  CO  ctT^' coo  i-T      i-rcoirTc-ri-rirJ'f-rori- 

CM 

■03  COr-H  wO  05          i-l  1— 1                  r-J  1-H          Cs 

f-l                CO                0  CSl                             CS  00         i-H         u- 

1-1                                                   c~ 

CO 

:  fc^, 

|i 

^ti 

!>> 

6 

0 

^5> 

^ 

•-0 

> 

-^> 

^ 

5 
<p 

> 

a 
c 
J. 

'  1: 

1 

! 

C 

- 

•  > 

*  c 

i  ? 

3  J 

it 
3  c 

3C 
?V 
^; 

u 

> 

z 

la 

i  ^ 
;  <: 

^  c 
J 

-a 
0 
s 

0) 

0 

J.I 
|i 

S  I 

^"H3  '*■ 
■'  -i-i  — 

:-^ 

:  g  I 

n^ 

HI 

-1  m  , 

^  c 

.  c 

►>: 
3  c 

3  •; 

:  '^ 

.    ; 
J  - 

5 

a 

« 
0 

cd 

'B 

1> 

'>  £ 
_  si  — 

x:= 

ce  ^ 
ti:  = 

s  -a  c- 
fa  = 

-    03    ? 

lal 

_  ^  C" 

'6 

a 
:- 
C 

-■B 

X 

0- 
c 

12 

C 

c 

!: 

t.i 
■  t: 
1- 

c 

cS 

a 

a 

0 
p 

n  c 
3  £ 

bf  a 
01  c 

.« 

-  0  „ 

t-    0)  — 
0  i-o 

Q  a  <i> 
•r:  a  f 
—  -S  0 

trf  . — '  a 

c^«2 
0  =•-    cS 

ce  0  c 
-Q.-S  a 

E.2  ° 
0  '5  w 

tr    tK    0 

L.S     bfi  - 

fl  cW  £ 

^  a  °^ 

■  °t;^  ^ 

3  a  §»s 

s-  a  3  -^ 
n  I-  —  ."^r  r/ 

:  > 

:  c 
:  s 
:  0 

:C 

:  > 

:  a 
:  oi 

■  bi 
■.  <o 

i"^ 

•  c 
(>,  c 

0  ^ 

ii 

^  ■*- 
a:  « 

R  < 

a.s 

'  c-c 
;  aa 

"  'S  a 
3  "^5 

0   : 

-  .'"c 

.  c 

:  c 
•  e 
:< 

:  c 
;  r 

.  c 

t="c 

:«    C 

s< 

fcJ- 

^^ 

1  2 
0.- 

c 

c 
£ 

b 

!  •- 
>    [ 

a 
c 

a: 
c 

C 

S; 

c 
c 

't 
c 

< 

"^  h 

c 

'a 

t  c 

;^ 

c 

t-   0 

Jl 

s  *■- 

=«  "^  c 
be  bf!^ 

'^  a  '^ 

P2   ti)   t 
„  «  c 

CS     03    I 
j'rt    CI? 

1 

t 

c 

r 

c 

> 

•,    r 
3C 

^^3 
t:  CD 

II 

=^«£ 

.-     Q    C 

far.  «  ^ 
c  0  c 

5  a  « 
pa  "*  ^ 

lli 

oi   tsi   = 

ax  = 

^^  =:; 

.D-i   0)   - 

s  ai 

I-' 

03    03    e 

^  bjcbB": 

b 

1 
.J  c 

£ 

PC 

c 

E 

_c 

"E 
c 

< 
c 

^a 

3    C 
a 

1: 

;i 

:  a 
'(1 
3  .fc 
3    3 

'  2 

t 

a 
c 

p: 
'E 

C 

b 

>p: 

'  a 
'P. 

3 .- 

Street  Perpetual  Building  and  Loan  Company   of  Baltimor 
German-American  Building  Association  of  Baltimore  City 

t'o  nitw   RnwnrH   Pniintv  Biiildino'  Assnciatinn  Nn.  .S '. 

> 

'€ 

!■ 
-,= 

c 
£ 

\ 

3 

3    C 

c 

c: 

c 
'£ 

c 
C 

1 

>    E 

s. 

2.    r- 

3  .^ 
'  £ 

3    t 

a 

t. 

■- 
d: 

> 

<  "a 

;l 

•- 

> 

3 

s 

3           « 

J        a 

3        'Z 
■•         c- 

X 

i 

Be 

s 

5  c 

5C 

3     Q 

5;: 

0  T 
3-: 

3 1 

5C 

3t; 

3   e 
5C 

5C 

3  T 
3    f 

3  t 

3  fe  i: 

3    3    E 

3  0 
3b 

3     L 

3  a 

Ifc 

3^ 

5S 

3    s 

3  [2 

3  i: 
3  0 

3S 

3& 

1  X 

3    C 

3    (■ 

■*   c 

3!/ 

i,  a 

3    CI 

i    0 

3    C 

lei 

3afe 

3  *■ 

'  c 
3  _t 

35 

0 

'5 

■<    0 

'         ct 
3       ^ 
3 

3 

■1 

12 


BIPORT    OF    THE 


pa 

OQ 


•a-u'Bi'Bg  no 


-do'jj  1^9^  no 

s83bS;joj^ 
ni  s^naansaAC] 


s;n8ra;ssA 

-uj   .loj    sjipflJO 

JO  ^unoray 


lieagjo 
anp^  passassv 


ScS-*co^mi^coo 


JO  ani^A 


m 
o 

< 

o 
p.. 

o 

O 
t« 

a 


O  O  C  O  O  i 


OOOC:o«c^occin, 


«r:  c-5  ■—  -s-  c:  1 


•   OT   t^  i^    C<1 


:  C<1  <X  «  C^  CQ  O^ 


_       O  „- 

c    ?   o  c 

<U    --    5-.    ° 

"C    C    c  'S  —   —  - 


c  >> 


5  a 


^;  « 


3  C  c  ^. 


O 


m 


t-  O    "    cS 


O    CJ-- 


S.<i 


fe  ^ 


O    CI    - 

pa 
S  ^  ^  .—  .—  o 

.■^  I  g  "S  "S  S 
kii  c  <i>  <u  £; 

^  ^^  r.  a;  e 

,  «,  t-  ;^  u  t- 


•i;   o   ^   fllS 

.S  oi  <!  c  c 

c  0)  c  °2  -w 

«  !-  tS«C  c 

foe  ^ 

M  C   rQ  •-  J, 

=:  tt  H^  -5  -S  ^'-^  fe 


^  ^  a  K 

50.9     1 


c  =e 
c  c  3  ii  o 


>i   OS 


.  c<i  5  ir>  5 


^C 


-  ^  =^  a  °  <"  '^"r'? 


c  s  S  S  5P: 


■  ^  o 


:i3  s^ 


5    !U   C 

S  ^tr 
'^  5  c 


e  s 


O   O    3    t-    u    3  >j 

t-t.,  ooooHSw- 


_  'i^  cT'  <i>  a 
oj  c  c  -u  t; 

-D   03  es  —   u 


f-^  "S ;:::  ;c  ^-5  g  o  g  a 


;0  _  _ 


api^^ai'^"^ 

^  b£^  "-  .i£l  <1 


;o  <i> 


Cl.  fo  [i,  fo  fc  pLH  fo  O  e  C 


STATE   TAX    COMMIS-IONEH . 


00 

CO  Ci 
ZD  -if 

F— 1  r^ 

^  Oi  vO   ?0  r 


I  C5  I-  M  t- 

)  CD  iO  t-  CO 

)  :— I  ^  (M  ^5 
C^  M  lO  ^ 


lO  iC  o  o  o  o  o  o 
iococooo-r<40o 

■jromoot-rqo 

^■5  O  c-l  — I  O  tM  J2  O 

c<r  «r  c>r  ^o"  co"  go"  crT  i-T 

C^  I— I  rH  C^ 


to  n-i  o 
lO  05  -^ 

-*  00  o 


o  o 
o  o 


ooo>ocoooooc<io 


-^ooo'T^i— ioooOioootOr-<oc-^oooin^ 
oooX':cj:-'^:ooxoOuo^Ht^ric-^'r-ioo- 
t-ir3c--Jt—  ^-;i^ooo:^^M_35l:o«^n-^oo■035r 


O  lO 
O^— I  1 


5  O  t~  C^ 

^  o  c^  r^ 
1  o  ^"^  o 

roTocroo 


-#  lO  O  05 

_  31  — I  o  ?^ 

r-H    X   M   O  00 


:::> 


O    O) 


2  a  g-5 


^  3 


t*. 


o 


a  fl 


2; 

<-a      -      3i      _»     ^    *-> 


■§3- 

S  :S  o  ■ 

o  -^  -^  'r:  :^  CM 
o  "  o  g-'    . 


o  o 


a  a 


^  o  ^  *  ^ 

■  °  -  3  " 

3cn"=  "^  3    I 

^    ®    O  .  ij  y 


a  5 


oS  :z; 


»^  <u  0-23  , 

5  ^  -  a  =s  i-  « 
a  o  g  ^  -^  °  O 

^  —  s      a  o  o 

^^^^^.S^  a 

•-■5  o  ^  "t;    -  Is  a  S 
P  o'^.^-t-"  n  o  •i  33 


3    -  3    H    i    O    § 

J?  ^  .2  .^  ^  ^  -3 
'^  '3  T3  ^  .2  :-  ° 
o  ._  ^  -a  .-.  ~i 


'55 


«  o 


o 

it;;:) 
cj::;) 


.20 

^    O  —  ■^  5h 


3 

2  2  u  ^  '5C  7; 


-^  a 


3  i>.a  fl 

o  q  w  =* 


a^ 


a 


■  ^  fl 


1) 

;:  bo  a  ■ 


°.5  2 

a  o  3 


o  <J 


D  -a  ^ 


."  c 


a  73 


■rt    cu 


McSg         C   2 
"   ^  ^  q   5iT3 

fl--gs)'-t,i-«aaaaT3i>.  aa^tsSa 

rtOi,D'OOCiOui-,t,tjtjs3o3t<-—liUt. 

.:S.;5  i  ci5  5.!ii,ti.d5.'ijii^.i&-,:S  -i  is  i  25  i  i  :i5 


g -^  <1  ^  .2  '3 

o  fee  h£  5,12^ 

^  a  a  g  -  a 


03o3:«'3^'233'3 

ajflqa-'-'^Hq 

■q  3  a  a  ^o3  a  3 

cS   •-   I-   u   3    -o   -„  ti 
—  a><ui>03a>v 


cs  ^  ac  3  1^ 
a.:^  ^  g  o 
q  o  2  o-S 

O    t>^  M  — ' 

O,  t>    „    _  -.. 

Ma's  bcs  —  ^tq  o 

a  q-a-^&.  ta^  -  « 
•r-g-o^!>3a3co 

3  ;:)  ^  S  ■«  a>      S  ?• 

Q.  fl  -J  bU 


S  5-? 


)i) 


fl.s 

bCcS 


b  "   rK     "     '^   fl    ■" 


be 


.^^  O 


«       S 


^^g2 


a; 


^  ..  =>  «  a 

3  -^  fe  fe  fe 

oa  73  o  O  O  >!  ;, 

:S  fl  M  OT  ^  S  1 

^  a  t.  1-  i,  ^  t 

t>-,^  a)  aj  u  3  c 

u,   t,  bB  be  bt  tH  C 


bt  a 


o 


14 


REPORT    OF    THE 


PQ 
Eh 


•aouBiBg;  ao 


•aoiTBXBX  0'^ 

saSB^;JO[ii 
ut  s^aamsaAtij 


s:^ua[njsaA 

-aj  joj  s}ip3.i3 

}0  J  a  no  cay 


•X;j[adoj(j 

IBaa  JO 

an(i{^  passassy 


00:000 

O  O  t-  J3  O 

un  o  o  •^^  » 


'O  crj  -n  O  -# 


lO  rH  r-l 


i[DO:fg  JO  sajBqs^ 
joan(BA. 


oooo>:5-.^^ooo 
jioo-oor^oooo 

•  •r<iiOi003i'Mri^l>.0— 10000 


lO  -^  o  o  ■ 

O    O  O    »  ■       -  .  --_,,___—_--__ 

C0O'0O-J3^11O-^r5OM-#O-*-MO^vra-#OOX)00 


To:^i::ic<j  OT^t^osoJOo^ooT^o 


3J  C 


,0::;)::^::'= 


be 


a.s 

:u  O  O  "^  •-'  =- 
-2       ^  o  35  D^^r^u 

-V      .„     r-,     ,-,     ^^     -,     r-l    "i        '-        3        H        3        ^        O     -^         'i 

o  -  M  „  -IS  "t  -3  w  -d  r  ^  =  => ,    .    .3  ;i.  -,  =  ^ 


■^  _r^,-  c  c  g  a 


-  « =  -s  ■ 
2  §=:  soHl".'"/-^^:^^^^  §  r^^-2  J|  s  J 

15  -2  3  H  1.  0  -^  =  o  o  o  o  c  -2  -2  a  a  2  _  -S,=-  =3 
rS^  ^'br-S  g  bio-^Z^Z^  ^^.c  ^  2.2.5-5^  a  M><t 
3S5-^L2«5a2S:3:^oo^S:a,^2^\^ 

a  ce  ^-^  o 

3i     U     I-     rt  =" 
g    -'    3  •S    i- 

=  =  o  ?  S  ^-^^  bcbtii-ri  u  |-^-g  I 

.rh    ?    O  '/I  '-' 


o  ja  ^  5  <l  ^  .2  .2  .=  .5  .2 : 

■3  'S  ■ 


:  o  c  ■-  ■ 


s  be  9  :s 

■a  '3  a  a  -^  -M^  ?i  bo  be  bo  be  ^e  a  -c  3  a  2  2  -'  ^  _;?  «  9 

S|£o::ST3Dgceaaa,-'  —  232S----a.a<!tecS 

.-feS|-»2P^3  3-3  =  3^  aS^^>-^^-- 

s  c  be  bf  sr  ^  -r  a  a  a  3  s  ::  n  a  g  1.  u  &  =  bf.  bf,  be 
K  a  a  T!  =:  ffi  a  a  a  m  a  s  H  s  ffi 'E  Id  I!  a  i;  ffi  03  M 


=  o 


a)  o)  0) 


HTATK   TAX    COMMISSION!:  R. 


15 


M 

>o 

-* 

00 

05 

-* 

t~r-He<iaoi>-oci— i-^i— (QOd 
c^  ji^c^ioco       tn  iX)  fo 

i-l  t-  I— I  l-H 


r-  O 
t-  O 

lO  00 


Is 


C  O  CI  lO 
vJTi  C^  lO  <0 


ocoooooococoooo 


OOCiOOOOOOOCO 


OOt^OOCCOOOOOOOOOCOO 


o  c  o  o  cc  o  o 
ooooocoo 

■  O  ^-  02  1—'  00  00 


C<1  O  UD  O  1 


O  -<J>  O  C  00 


C:  oi  O  CS  O 
■:  0_0^  '^'"1  OOTOO-T-^OCOCDt^cCOCt-MOu^OCIr^O 

—  CD  CO  ro  o  -^  o  i-Tc  cDOscT^'      i-H^io'ci  c~  o'co  -ij<"o  -* 


^  cs 


-<*icc-ii— i:ci— i<M       1— If 


3.8  c- 

V   te   c 


o 


o 

o  £ 
^S    C 


a's; 


P3  =.S 
•So  ^ 


a/  c  g 
Xi-cU  c 


O  es  be 


S  f:  c  ^ 


>.5 


c-^  .,.50, 


£3.s, 


&1  . 


tu' 


S  S 


^  ^ 


"offl  ' 


-■  'S*-^ 


1-  t-  +i  ."'  c 

c  -^  r    a.  ^ 

mil 

P3 


■c  £' 


z-:. 


3i   c    P 


:P5 


^         -       .V       c      -     .  ^^ 


tip-  -S-oc    «- 


hi  g  £< 

"^  E  .S  c  ^-  =e 
ri  c   "  -?   a;  K 

=  ri  ^  —  c 

X        a  "  ^ ° 

K  i_J    c    c  —    c 

5  i^r:  x-^  —  -^  bi  bi 


PS 


•2   'M^^-c„ 


E"^ 


S  r  . 

:^  .6: 


c  c  -js 


■<i  S 


;  'C    O 


.Oi 


^<'>: 


,^  -c  F  ^ 

c:  .5  a^  c  ' 


•  C  **  &.  bl  ?   m  C  ~   g 

-:=  £  XT  ^  <  fc,H  £  a, 

S  —  —  —bic   .    So 


•-  c 


>-.f  S 


c  S 


cs  Z. 


"^  r:;  -c  -^ 


«C)C^  >  c  J«  ° 


a  o; 


1>  O  —  1^  c  .c  i,f  c. 


c  E  : 


S    3 


c  c  ?■:  i;-:r; 


T     O     r:     w 

br  p   K,  b/ 

ce  ce  ..:,  cs 


^  •-  a>  i  ^  aj 
£  5;  o.  o:  o)  a• 
S  S  aJ  =  I-  a 

I-'-    -^  rr-  rr-  :_  ftt     Q     »--      »- 


a    P 


btJD    ^    =  -^ 
^  .—    C    c?    cc 


'  T  "C  "V  ^3 


^,7xZc-o-  =*  «  £  c  c 
•-"      *  «  =«  :«>:■>■■?  5  =3 


c  t^.  >  t>-.  t>»     o 


16 


REPORT    07    THE 


•aoaBjBg  ao 

XBX  si'EIS 


0}  aiq'Bi^  A':}JO 
-cJoj({  {Bay  ao 


-UT    no   s^ipejfj 
JO  ^unomy 


■Xjjadoaj 
I^SH  JO 


Si 


•JJ0O?gJO  S9JBqg 

JO  anj-BA 

eiBSajSSy 


O  iC  C-1 

O  I * 

w  "^   -# 
V^  '-3  -T 


O  lO 


O  o  o  o 
o  o  o  o 

O  l:~  ro  Ci 
»i;  t-  lO  O 
X  ^  o  t~ 

re  o  o  o  o  o 
— 1  o  o  o  o  .--: 

O  C3  o  o  '^^  :<i 
r-:  o  o  ;o  t — # 
:•:-  It;  ci  :•;  r-<  r^i 

O-*OOO^0&OOOO 

OnOOO=5.*0=>00 

— i^rOOOOOOOOOO 
C-  O   J--  O  O  Ci  t-  00    £    O  C. 
0000-siiOt~— iOOOOOO 

o  o 

oo 

o  >o 

o  =:  lO  00 

00  C3          1-1 

•rf  r-l                 O 

ioir-;oorot-0^<c;^co 
cvi  t-  o  :o  t-  c<i  1— ^  vo  ro 

o                            -*  ^ 

CO 
C<1 

m 


=  -=£  ;:;  3 

O  -  — '    ^      a    -■ 
a  =  o    ,  a        . 

c3  ■-    „    O    *    „"  O 

c  ^  =  ^  p.  3  Sq 


23   3 


It 


d  CD  aj 

■^"■".2  60.2  «  j^:*  a  a'ic~t 

=e  ;;■  o  J2  c  o  §  .-    „-  ;^  :?  3 
^  X  M  5  ^  -a  ^  o  ^,  ^"ro"  ^-S  5  ^  (5  =  .5 


a  tc 


P5  =  :^   _  _, 
°  ~  i2  >.,::;  cr -73  =a  ._  o  - 


5^  5_  ^ 


ir  0 


X<1  >,<^^^^ 

V,  §  o 

_        a 


1.  a 
-  =« 
52 


•r;  a 

a 


|si§i:ii=|1.5.g|iiiir=|s| 


3  a  D 


3  =2.  M 


BcC)-aaa)aaa^--qc       *'-^*t>aa>BO 

^    —      -3^    1      ^   1        -      y^     *~      S      TT,  —>      ^      ?:      «      "™^      ZI   —    ^ 

O  >i=J  >%>.  3  0-1  t^--  0^--i-,33a3at>^3  >,  a 
t.--3D--_ai--T33oT3i.-^-'J«"'-fcas-J 
Cia30Be3-e0i«*!SCajci«j3333ocJCcSO 

;2ass5sss;^s;:^ssss;^ss3sss^ 


STATE   TAX   COMMISSIONEK. 


17 


t-  O  CO 

ma  a 

CO 

in 

129  19 

12  33 

66  85 

11  05 

2  86 

5  62 

in  CO  C5 

I^^  CO  r^ 

rH  in  00 

00  in  i-H 

C^l    CO 

CO 

47  17 
13  89 
6  06 
40  37 
18  85 

CO  t- 

in  CD 
-*  o 

18  75 
234  37 

22  87 
843  75 

co 

CO 

o 
CO 

OB 
CO 

oo" 
in 

o 
o 

o 

in 

in 

00 

o 
o 

o 
in 

CO 

o 
o 

co'~ 

CO 

in 

15,023  45 
4,077  00 
3,600  00 

o 
o 

in 

05 

CO 

00 

00 

o 
o 

o 

o 

CO 

co" 

o 
\a 

i-T 

c 
c 

c^ 

- 

o 
o 

o 
o 
in 

o  o 
o  o 

o  -* 
o  ^ 
c  in 

o"r— " 

CO 

49,563  00 
34,492  00 
25,000  00 
383,000  00 
20,243  00 
10,442  00 

o 
o 

CO 
CO 

c:  O 
o  o 

o  CO 

CO  CO 

(c^Tin 

o 
o 

o 

o 
o 

o 

o 
t- 

in 
in 

CD 
CO 
CO 

OOOO-^OOOOOOOOO^OOesOOCOOClOOOiCOOOOOOOOOCJ 
OOOOiOOOOOOOtOOOOOOOOOOOOOOurs-^OOOOOOO'"    ~     " 

)  O  C^  O  O  O  O  : 
'  lO  Ci  O  O  O  O  ! 

)  cc  ;^'0  o  o  c^  < 


coo:>oc;oooO'^>oOf 


I  vO  O  O  O  > 


!-'*OOi-'3c::r'^Owr:iO' 


t—  0-:  o  o  CD  lO  -*  I 


>  VO  C<1    O   O    rH 


§^ 


■'■'  2 


-S      ^ 
o  g-S, 
132  o  — 


i^ 


Sec 
>.  o  c  c^  ° 


■"  o  ^  -S 

£  '■§  -5  -< 


S' 


SM 


>->  C    CJ  _  _^ 


o  t^.  a 


oa  ■ 


-C  .t;  "S  ^  o 
"  2  o  g  ??  fl 

>1    o 


as« 


5b  fe  o  2  a 
a>  o  a  a  o-r! 

a  aii  s'-^M 
•z:  -^  n  P3  li  c„ 


t-  ft  ™  5 


5^  (^  £-  CO    ~ 

o  o    .    ■    ■ 
■co^^i^^ 


r,  h  t-.« 


o  o 


o  o 

so 


O   as 


il  s  .  °  a  ^  -  "^ 


O    o 

1.M 


sa  —  O  o  o  bf  if  t--»^co—  r^-r-TS:; 
a2^0«cs^g_2;>,bc§t>,  =  '^ 
c^  =>  o-^-^f  2o  ^  55J  5  CO 

-*^  g  S'Sm  t^  S3-'-  bcS.S.S 
o  (3  ts  «  c  w  t^i^  Ih  i;  —  "  r-  -1  r;  ?i 

'"  p  a  c  ja  cs  ea  >,[£^  ^t 

So  a  2.2  0*8^-^  S,*- 


=;c> 


«S   "^  .2  "S   a  ^  —  '^J 


a  „ 


iTS-O 


c  <^ 


B-B 


papa 


>>£  Srf  o  ao<i-q 

?r,.c=:-;^.:;r:;5t;.S  q  "^  «^oS  S-b  o_o  o  ^  ^  ^ 


p  a  cs  03  -S  •£!  bi  5  1^  a  5      t, 
=>  .2  o  o  c«  o  ^  ^  g  c  ^  =S  o 

.S.2  S  S  §<i<!i3=  »=paPaC; 

^  (J  -,       j^  H  o  bcpq  ti  o  fl  ^ 

22M2a  3  3^5=3  -  b(0  £0 


3    =)     0."'    O 


^-££s-caw:=§^££. 


'O 


c-a, 


eqpa  <u  0^  ^p  c 


c5    tu 

t>  a-. 

cs  p^-o  -t; 


o  p  o 


3   L 


5J     S     O 


CSs  s 


"SSSSSSSS  S^S  ;^SSSS;^!2;!2;i2;fe!^.^!^;!2; 


«^«^'5e;aoaoc-^Fq 
arWcQpapapa  opasa  g  g  ^o 

OOOOOOOCC'C)t.t-o 


?t  ce    -,  -M    ^    iy-  bX) 

c3 


18 


REPORT    OF    THE 


•aouBi^a  no 


-do.ij  iBdri  no 
saSuSiJoj^ 


•sgx'BX  SaiSVfi 
sju9iD;saA 

-ui   joj  sjipajQ 
JO  :janoniY 


o  o 

O  lit) 


t-  Oi  o  o  o  o  o 
CD  lO  o  o  o  o  o 

lO  C-1  CO  O  C^l  o  -^ 
-^  O  CO  ^  00  O  CD 
t^  :c  CO  CO  r^  f— <  O 

00  lo  oo''co''ori-<vr 


M%J3dOJJ 

pan  JO 

oniB^  passassy 


^  o  o  o 


OOOOOOOOOOOvCOOOOtr^CTJCOOOO 
OOOOOOOOOOOC>)OOOOCOiOOCOOO 


3[005g  JO  sajBqg 
JO  an[BA 


OOOOCDOOOOOO^CDOOOC^l 


■  ^  ^  00  t~  00  o 


I  O  lO  O  O  CO  C<I  T 

o  ^  CO  LO  »r3  t- 


lOCOiOOOCCt^r-HOSasC^lJq. 


02 

o 

« 
o 

p^ 
o 
z:> 

o 
m 


,'~0  ,' 


CO 

a  (D 


a  =>  sw 
cB  =«  a  t>, 

o  o  ^  a. 

6.5  =  '^ 

aj  'u    (.    Q.  !2 
J    S    3)    g    tu 


B  a 

o  "^ 


S    O 


bcb 


■COO  a 


M-a  g; 


.Spaeq 

C  CO  (Tq^ 


O-^ 

>%  3  ^  b.-  ►= 
O    O 
O 


fe^zOr 


?  a's  i>5 


—  a^  t.  2  -^  •;; 


o6a-^S^lll^^ 


a;z 

w    O 


C3    C 


C2  J  fl 
5  >;>cc„^.2 
»■§  a  o  c  :: 

a  a.'^ 


=^ 


C    a — 


o 


<s  " 


flT3 


c4   t-.~   0  33 


a  ■=  =  =5  -5  -3  c  ■-  .o 

"csOOce3s"-'cs-5.2 
"■  X  m  CQ  "  o  c  o 


o  d  ft^ 


a 

^O  =1 


2    °    m    <^    - 


a  fl   a  O   0/.O  C4_a    T-aims-Sv-    " 

.--,  -  fa«<i  ^  o  S3  fe  5;  a  ^,  ^  s^ 

a  =«  b«-^^^- jy.S;5.S 
-^ ja  *.=  'r  —  "o  'J'  u  oiO-i-n  —  'a 

5   c«  •-   CD   a,   cu   „,  — -S  n: 


.3|:=e-1a  5  2I  i-S  ?P3 


:o 


a3=*^-j30o  §^^ffl|i;lm2'S«^33a2  gM^l^^o^ 


m   cS 


5  2 .5  m , 


aoi 


j^  o  o  >  CO  Sm  a-^'O'C'c 

§  a-^  5:2  la.2  a  ^^i?  ^ii  a  a^?  J  J  >  a  s  S, 

aJ.2co3t::aoJ30c«a)a)aicu.Soooo<uOa)cS 

(i<PHFL,CL,e^PL,pLieL,aiPH&,P^PL,pL,CL,PHPL,fiHMi^a-ai&+ 


STATE   TAX    COMMrsSIONER. 


:  =» 

O  30 

.  C-1 

05  r-l 

:  t- 

'^  (M 

:  ""■ 

<-H  T-H 

o 

0-3 
CO 

CO 

o 

i-H 

•  CQ  r—J  o  in  ^  O  t^ 


imQOClCOCSC-ICOt-C^Ii— I 


004:00 
00000 

o  o  o  00  o 
o  «o  o  •*  o 

O  CO  lO  lO  t- 


<o  o- 
o  o 

O  «D 

^  '-^ 

00  t-^ 

r-l  «0 


o  o 
o  la 

^  ^. 

Oi  00 
CO 


05ii:ooccoooou^ccQOCoooccocooooo^oc:ooooo500 

Ot^CCOOOOCCOJOOCOOOOOOOCiOOOOOCCOOOOOOTOC 

CO  t-  oc  o 

O^OO:  _ 

t^OCC<10C:iClCOCOOO-;Ot^(MOa;ir;v01>-^^^r-<i— (r-'L--OOOOOOO^OCOOG:> 


i.  «;  a  S  .2 


o  g' 


m     Jo    'S 

®  •—  ^^  ^-, 

«-  ±i  —  ■— ' 


^     O     C     OT     Q 

.  "i:  o  <<  o 


^  S  t^  = 
^  ?  o  a 


O  o 


'^^ll-^- 


.t:  .-t  .n  o 

000  a. 
£  ?  2  o  tJ^ 


rt    rt    (Ji  ► 


caeciM' 


o 


S| 


acq 


.=«  £:■«  o 


;cc 


,0  o 


fei^' 


•s  =■"  o  3^  a  g  o 
cti  o  _  o  •■-?  ,«j  r^ 
PP 


oq 


.2=0 


^  7^  ^2 


°  g  §  5  "^ 'S  o  «  ?  2  (^ 
.t5  ;:  -a  o  S  .S  .5 .2 .5  O  o  j  pa  pq  a  g  c  £  .^  t« 

•-  "    3  ■S   >    b«  W  bjD 


O  .=    >.  0)   Q   t  *"* 

'.  o  a  ?^  -  .^ ^  ^.      "  ^ ^  ^  -  c.^  pQ  _c  li  S  .2":£  ~  a 

^.2 

.c  n-2^  p 

^61  n  fe|-|j|.s.s.2i  b^x^ll^  ill  lll^liit 

" "  ^  "  .        a  c  :;;  .'f  -ir"  -^  ?~  M  "■^  3  t-'  -  <i^  S  o  ^ 


S  S/  «^  a- 


_, ^    .  ;;    03    w    r^l— ^  J:^  ■  w --^    ro  .^  .-H  .:;  .^    -^    ^  f— 1  w_i  hh    ri    h    ^'    r- -^  ^^ 

S  "*  ^■ 

"^   Pl3  §   2   g 

be  '^  T3  2- "  JS 

_a  M  o  a  =<i 

^lli^'^^'y "^ ^Si222-^i §  ill ii^>^?-:H r^l" 

i  g.tf  S  §--i:  et  §-^  S  $S  «^5-2:S  g^.S^^:2^  c-||^  1^1  If  |^ 

!U5«0."(U.^T«.Oajo30Stua.COOeSO;2.SoOQ),j3SE)"Soaeeo§C^*: 


^  a  s  M 

1-  m  a 
0-  2  5 


REPORT    OP    THE 


^ 


( 

I 


-dojj  ]Baa  no 


■  CC  Ci  =>  i-H 
1  lO  UO  C3  t- 


•S3XBX  SailBJ 

JO  !junoniY 


•Jljaadojj 

[B9y^  .10 

enjB^  P3SS933V 


■qoojg  JO  saJ^qs 
JO  sniBA 
aivSdj.SXY 


ro  ^  S  lO  l^  -# 
O  c^  O  :^  t'  QO 


O  O  O 
O  vO  -# 


oo— ior^c~ii=oi 


1)  - 


--  ^  2  ^  c  -2  '^ 
°  '^  2  H  H  '■§  -5  "S 


p  c  *:•  c 

£  0  p  s 

'5  _2  .^  'S 
o  5  *  =* 
c  9  ^  ■<:; 


u3  c  d  d  c .-.  "S  K 
^^;  2;  ?=;  2=;  5  g  <) 

g  o  c  c  c^<;  c 


;a3q  c 


TS  • 


O    O    O 


s||iil|w 

022:5 -=  ct:  = 

^'5  '3  '3  '3  a  5i  <:; 

o-MsaSipq  g  =  Q 

ChH-r-h--rH  -  Oi  t_ 
P  "cO  "(K  'm  "m     0     t-  Ci 

—  o  1/  o  a>  J-  li 

f^  a  S  3  S  |<2-5 

^  .  .  .  U  V  t- 
o  w  ij  *j  4^  c^.-  a> 
X  X  X  X  a.  X  X  X 


■"  ■&  3:5   -  ^  _=  -3 

y  rc^^      =>  c  g= 

O    1)    M  "-^    fee—         fcJ. 


-.2  a 

'S  .^ "" 

?  =3 

I  ®  c 

^  c  d 
=  c  c 


c  t>. 


^  ^  .-  a 


o  V.  =  ; 


^^:a  "  sin's  o 

aJo-"u;c3-"i3 


■5    3    3    tt  'J    6 


sa.'c 
'■5  c 


he 


X  t-. 


^  jr  ^  j:" 


i;XO- 


xx,^; .  _ 


C  —    K 


C  ^  •-  c„    C  •- 

r, —  --—  <s  C 


:^^^' 


3    3  .ii    a  — 


X  X  X  £1  H  E-  H 


STATE    TAX   COMMISSIONER. 


11 


lO  C^  O  (M  -^  C 


o  CO  C5  e^  ->* 

-^  >C  Oi  1-H  CO 
O  CO  cc  t- 


=  CDOOt-o~*>ocrj 
c^  o  ^^  c^  -^  -^  ^  c-^ 


o  o  o  o  o  o  o  . 


liOOiitt-r^CCOOOOC^O 


t;  O  O  lO  : 


:Oif—  ;^C0OOOC<lGC':^r^O^OOO0':O»-^i—  IMOlrHOO 


O  C^  i-i  CO 


>oo 


3    1)    s  ^ 

c  c  2a  c 


55 


-^  a  5  ^  .2  s  i  '5  "  - 


_x"5 

C    t- 


c.= 


o  a 

c  c 
CO 


c 
a  — 

'5  ::::&•  c3 
<  ^±  - 

Sr  =e     5.     S 

.S     !I  - ' 
■5  ^  Oi^ 

pa  c-  2- 

^OOfx.; 


.^  -O  c  s  =i 

C  T 


C  t. 


=  ^     IS    S  CO 


(   crt   O 


S  B 

^  Tj    S    53    «S  ■—  — 


.M 


o  c  o 


c  c 


■^  :>.  a  o 
a  c-°o 

jd  o's  a 


?-c> 


o  =  =  ?,^ 


C  —  : 
5<H 


=  T3 


S  H  ^  g  5  ti' 


S     ="  5  i  .2  -^     S    C     '^  ~  iJ  .r-  "^    c 

c  -^-  i-  -^^  fciog  ^^1 

1=    t*3  . 


<!^c«E^cflcP 


CS 


tL 


C     O     S-     3, 


-:r  Ji  3  o 
5  ^-5  tf^ 


a  c 


c  — 


2abh^ 


2'-'  Cg^'s'^'^ 

„  c  bxo  got- .2 
o  s  ■::  I.  -t^  _-  g  s 


&  C    3    3 

a^  o  « 

o3  _  •■-'  •— 


w  bta. ' 


-5     3     OJ    O    ^    O  — ' 

_  s  a  ss  3. 

■    -  C.2.Q j2  S.a.5.5i:.5  f'  = 


•::  S  3 


3  -   ;^  —   f 


22 


REPOKT    OF    THE 


o 


o 

^^ 

Si 
<5> 

CO 

'^ 

g 

?^ 

0 

^ 

r. 

0:1 

c> 

<i) 

?^ 

o 

^ 

<i> 

S:' 

'ts 

c 

•ci 

-to 

V 

CO 

"  »\ 

^ 

•"S 

Co 

?V 

HO 

'X 

W 

S' 

91 

;S 

?~ 

•<ri 

O 

Ci-) 

S 

e 

s  ^ 


•«     Sst) 

•0 

->^ 

I— '     <» 

« 

r:j 

on    ?5^ 

c 

5 

00    p^ 

•to 

^   k 

^ 

w 

,      ^ 

0 

r^ 

§  '^ 

s 

■^  Kq 


•HO 
■^ 

CO 

C5 
CO 

CO 

0 
CO 

CO 

Co 

0^ 
5^ 

S) 

0 

h 

ig 

0 
0 

e 
•^ 

e 

0 

g 

^ 

;s 

w 

•^ 

CO 

s 

s 

•^ 

C-. 

CO 

r' 

0 

0 

0 
0 

<^    SS 

-^ 

•s* 

■*o 

!r^ 

c-i 

S 

S 

g 

S 

0 

CO 

s 

5^ 

_s 

rr\ 

c 

<W 

CO 

1j 

Q1 

5; 

^-^ 

r< 

•cii 

<li 

■♦0 

5>M 

S? 

!^ 

« 

.§ 

5^ 

•^ 

S 

e 
*> 

8 

•^•o 

fO 

•ei 

W. 

^ 


•XBT^  a^^tS 


•noi'jBX-BX  01 


•saiji.mo 

gpaocf    "s    -fi 
ui   g|U8nij8aAa] 


UTj  O  lO  •^ 
-*  -<*  M  O) 


t-  — <  Ci 


I  CO  r-( 


I— lOOcO  OS^vOO 


C-5  C<1  SJ  Cq 
00  00  t-  -* 
-*  -*  r— (  lO 


c~j  ci:i  e^  o 
h-  ^j  r:  in 

CC   ■•*  CO  '^ 


—I       —10 

t^  t-  00 

1—  t-  CO 

TiT      (r<i  -^ 

m  CO 


o  o 
o  o 
c-  o 


00000 
00000 

000  =  0 

o  =:  o  < 

in  o  ira 


000 


00 


ni  sja9iii:>s8Anj 


pan  io 

9n[Bj\^     P8SS95SV 


'001$  -lapati  pn'B 

-.iB^q  ion  jsjisci 
-9(j  JO  ^^anoray 


•g}tS0d9(J  1B}0J 


.  -^ 

0    : 

:  0 

0    ■ 

:  0  in    : 

^    : 

.  CK 

•  r^ 

c<i    : 

•  '-^ 

t-    : 

m 

CO 

0    : 

•  in  0     • 

•  00  in     • 

:  iM 

c-^     : 

.  CO  0      ■ 

:  "^^ 

0 

■.^ 

1—  o 

e<i  o 

1-1  o 
CD  00 


00000 

0   -M   0 

r-l   0  0 

0  0 

00000 

0   —1  0 

I:-  0  0 

0  0 

0  in  0  0  0 

CO  CD  in 

CO  00  0 

vn  0 

0  c<i  in  _  c-3 

X  CO  0 

0-0 

05  .n 

0  .n  t-  0  in 

S5  0  CD 

c':  0  0 

CO  C<1 

i-l  0  -*  C<1  C<1 

C<J  CO  0 

-#  C-T  t^ 

CO  —i 

,-1  CO         c» 

GO  in  t- 

in  ~ 

O  ~   CO 

000 

UO  O  C5 


jc-_^o_^ 
o""cr 


in  c<i  in  CO  ' 


o  o 

OC  CO 
ca  CO 

Ci   XC   CO  I— *  »— ' 


o  c^i  ■*  00       t~  -*  e<i 

r-H  CXI  O  C^  O  -^  T— I 

i-H  CD  CO  f-H  t- 


bjo 


•  ^3      •    U    ■ 

^     .   =  Q   O    03 


bCojtW 


-  —  o  >  ^ 
o  a,       n    ^ 

a  a  . 


•I« 


_  r  72 


t;  o  n  c  —  <• 
a  •_  cj  ^  B  * 
-<pqQow:^ 


bc"^'  M,  a  S  ^  _ 


a 

^ 

c 

cp 

M 

C3 

c 

g 

M 

■ — 

crt 

,- 

25 

STATE   TAX   COMMISSIONER. 


23 


TABLE     D  . 

Showing  the  basis  of  assessment  of  the  property  in  the  several 
Counties  and  City  of  Baltimore,  for  State  purposes,  for  the 
years  1S76,  1877,  1830  and  1831,  and  the  aggregate  assessment 
of  corporations,  for  State  purposes,  for  tlie  year  1881. 


-coonties  and   baltimore 
City. 


AssesS'  d 
Value  of  Pro 

perty  for 
State  L^vy  in 

1876. 


AUeg'.inj  CiiUDtj 

Anne  Arundel  Count}', 

.Baltimore  Citj 

BrtUiLuore        Countj. 

Calvert 

Caroline 

Carroll 

Cecil 

Chitrles 

Dorchester 

Fred  rick 

Garrett 

Harford 

Howard 

Kent 

Mon'gomery 

Prince  George's  ' 

Que  -n  Anne's 

■St.  Mary's 

Some'  set 

Talbot 

Washington 

Wicomico 

Worcester 


9, 

203 

4:1, 

2, 

4, 

16 

13 

5 
24 

3 
11 

6 

7 
7, 
8, 
8, 
2 
3 

i, 

19, 
4, 
4 


493,114 
706,600 
148,761 
571,777 
131,188 
147,638 
416  331 
149.691 
135  062 
927,168 
607,105 
183,929 
788  331 
550,782 
774,999 
fi88,424 
265,983 
312,806 
794,6h3 
620,245 
601,924 
996,187 
4:i4.722 
664,988 


Assessed 
Value  of  Pro 

peity  for 

State  Levy  ir 

1877. 


Totals I    $429,112,418 


$10,809,342 

9,870,117 

243,132,007 

50  501,160 
2,113,559 
3,757,157 

16,167,511 

13,198.535 
3,452,501 
6,029,71-0 

25,462,716 
3,336  359 

11,506  902 
7,526,408 
7,448,301 
8,272,571 
9.07:i.363 
6,585,383 
2,918,698 
3,939,349 
8,107,149 

16,599,731 
4  479,301 
4,180,118 


Aspesspd  Assessed 

Value  of  Pro-  Value  of  Pro-, 

perty  for  perty  for 

State  L"vy  in  State  l-evy  in 

1880.  1881. 


S)  16,269  596 

9,746.978 

222  777  770 

51,121,410 
2,059  122 
3,942,308 

15  435,4:^2 

12,70', 694j 
3,387  836' 
5,«36,958i 

23,905,126 
3.315,568J 

11,508,588| 
7,2^6  078; 
7.275.783. 
7,867.651! 
8,993,572 
6,721,127! 
2  820,066 
3,828,853 
8.359,208 

16,387  888 
3,587,688 
4,052,108 


$  16  080  663 

9,614,613 

225,877,908 

50,346,222 
2,114,563 
3  898,522 

15.269,086 

13,466,499 
3.387.978 
5.766,136 

23,603,626 
3,427.176 

11,579,349 
7,254.355 
7.281,758 
7  92  .666 
8,887,606 
6  796,882 
2,782  189 
3,782,982 
8,321,037 

16.362,119 
3.553,660 
4,082,254 


I78,468,028i    $459,187,408     $461,459,939 


Assessment  of  Corporations  in  1881. 


Asfgregrate  assessment  of  shares  of  stock  of  corporations  in  1881 

Taxable  deposits  and  real  propertj'  of  Savings  Insiitutions  in  1881, 


Amount. 


39,166.806  03 
7,128,220  46 


Total  assessment  of  corporations  in  1881 $66,295,026  49 

Deduct  Mortgages  allowed  to  Homestead  and  Building  -  I 

Associations $4,415,245  75: 

Reductions  of  basis  on  appeal  (Table  E.) 568,405  54 

-\     4,983,651  29 


Net  basis  of  assessment  of  Corporations  in  1881 $61,311  375  20 

Assessment  of    Corporations    in  1879 $54,8?9,]07  76 

"  "  "    1877 142.504  644  00 

Increase  of  net  basis  in  1881  over  1879 :     6,472,267  44 

" "  "        "    1877 '    18,806,73120 


24  REPORT   OF   THE 


T  A  B  L  E     E. 

Shoioing  the  several  appeals  taken  by  corporations  in  the  ycar- 
ISSl,  from  the  assessment  of  the  State  Tax  Commisnoner,  and 
the  action  taken  on  the  same  by  the  Comptroller  and  Treasurer. 

American  District  1  elegraph  Company  of  Baltimore  City. 

Aggregate  value  of  shares  as  assessed ., §90,000  00 

"  "  reassessed  30,000  00 

ReductioD.: , _$60,000  00 

Ashland  Iron  Company  of  Baltimore   County. 

Aggregate  value  of  shares  as  assessed §300,000  00 

"  «  "        "    reassessed 240.000  00 

Reduction $60,000  00 

American  Majiufaduring  Ccmpany   of  Baltimore  City. 

Aggregate  value  of  shares  as  assessed S50,000  00 

As.^essment  affirmed  on  appeal. 

American  Fire  Insurance  Company  of  Baltimore. 

Aggregate  value  of  shares  as  asssessed $181,405  00 

Assessment  atHrmed  on  appeal,  

Beaver  Dam  Marble  Company  of  Baltimore  County. 

Aggregate  value  of  shares  as  assessed $90,000  00 

"  "  "       ''reassessed 70,000  00 

Reduction  : $20,000  00 

Baltimore  Stock-yard  Compaity  of  Baltimore  County. 

Aggregate  value  of  shares  as  assessed $200,000  00 

"  "  "  "  reassessed 41,880  00 

Reduction $158,120  00 

Citizens  Buildinq  Asscciation  of  Frederick. 

Aggregate  value  of  shares  as  assessed , $57,088  68 

"  "  "  '■  reassessed 57,087  76 

Reduction 83; 


STATE   1AX   COMMISSIONER  25 

TABLE  E .  —  Continued. 


Eutaiv  Paint   Coivpany  of  Ballimore  Ciiy 

Aggregate  value  of  shares  as  assessed §4,000  00' 

Assessment  affirmed  on  appeal. 

Elk  Mills   Company  of  Cecil   Cou?ify. 

Aggregate  value  of  shares  as  assessed $100,000  OC 

"  "  "     "  reassessed '75,984  00 

Reduction S24,016  00 

First  National  Sank  of  Frcda-ick. 

Aggregate  value  of  shares  as  assessed.... $150,000  00 

"  "  "         "    reassessed 146,500  00 

Reduction $3^500  00 

German  Savings  Bank  of  Baliimore 

Amount  of  taxable  deposits  as  assessed $8,450  00 

Assessment  affirmed  on  appeal, 

Ilagerstown  AgricuUtcral  I'mjdement  Mamifaduring   Compiany. 

Aggregate  value  of  shares  as  assessed $120,000  00 

"  "  "      "  reassessed 100,000  00 

Reduction $20,000  00 

Hagerstoivn  Manufacturing  Company. 

Aggregate  value  of  shares  as  assessed $30,000  00 

Assessment  affirmed  on  appeal. 

Liberty  and  Nciv   Windsor  Turnpike   Comp)any. 

Aggregate  value  of  shares  as  assessed $731  00' 

Assessment  aihrmed  on  appeal.  '" 

Mutual  Insurance  Compiony  of  Fredirick   County. 

Aggregate  value  of  assets  as  assessed $29,511  00 

"  "  "        "reassessed 22,743  29 

Reduction $G,7G7  71' 

Montgomery  Mining   Company 

Aggregate  value  of  shares  as  assessed $150,000  00 

"  "  "        ''reassessed 3,855  00 

Reduction $146,145  00 

Old  Toiv7i  Bank  of  Baltimore. 

Aggregate  value  of  shares  as  assessed $150,000  00 

Assessment  affirmed  on  appeal.  =  ^^^^^ 


26  REPORT    OF    THE 

TABLE  E.- Confinued. 


Patent  Safety  Sxtinguisher  Lamp   Company  of  Baltimore   City. 

Aggregate  value  of  shares  as  assessed $31,040  00 

"  "  "        "  reassessed 840  00 

Reduction $30,200  00 


Potomac  Steamboat  Company. 

_A.ii'gregate  value  of  shares  of  stock  as  assessed $50,000  00 

Assessment  affirmed  ou  appeal.  — 

People's  Passejiger  Railioay   Company  of  Baltimore. 

Aggregate  value  of  shares  of  stock  as  assessed $65,000  00 

"                       "                       '<      reassessed 40,000  00 

Reduction !ili25,000  00 

Union  Turnpike  Road  Company  of  Montgomery   Cotinty. 

Aggregate  value  of  shares  of  stock  as  assessed $1.4,656  00 

Assessment  cancelled  on  appeal. 

Reduction $14,656  00 

West  End  Savings  Association  of  Baltimore    City. 

Aggregate  value  of  shares  of  stock  as  assessed $3  916  00 

Assessment  affirmed  on  appeal.  -  

Washington   County  National  Bank  of  Williamsport . 

•Aggregate  value  of  shares  of  stock  as  assessed $205,000  00 

Assessment  affirmed  on  appeal.  

Aggregate  of  Reductions  on  Appeal  in  1881,  and  State  Tax  on  Amount. 

American  District  Telegraph  Company  of  Baltimore  City $60,000  00 

Ashland  Iron  Company  of  Baltimore  Countv.., 60,000  00 

Beaver  Dam  Marble  Company  of  Baltimoie  County 20,000  00 

Baliimore  Stock-yard  Company  of  Baltimore  County' 158,120  00 

Citizens  Building  Association  of  Frederick 83 

Elk  MiMs  Company  of  Cecil  County 24,016  00 

Fir.'t  National  Bank  of  Frederick 3,500  00 

Hagerstown  Agricultural  Implement  Manufacturing  Company 20,000  00 

Mutual  InSiirance  Company  of  Frederick  County 6,767  71 

Montgomery  Mining  Company 146,145  00 

Patent  Safety  Extinguisher  Lamp  Company 30,200  00 

People's  Passenger  Railway  Company 25,000  00 

•Union  Turnpike  Road 14,666  00 

Total $568,405  54 

.State  Tax  on  total  amounts  reduced $1,065  76 


STATE   TAX    COMMISSIONEB.  27 


TABLE     F. 

Shotoing  the  several  appeals  taken  by  Corporations  in  the  year 
1880,  from  the  assessment  of  the  State  Tax  Commissioner, 
and  the  action  taken  on  the  same  by  the  Comptroller  and 
Treasurer. 

Annapolis   Gas  Light   Company. 

Aggregate  value  of  shares  of  stock  as  assessed $68,400  00 

"  "  "        reassessed 64,800  00 

Keduction $3,600  00 

American    Coal   Companj  of  Allegany    County. 

.-Aggregate  value  of  shares  of  stock  as  assessed $720,000  00 

"  "  "      reassessed 600,000  00 

Eeduction $120,000  00 

Baltimore,    Caionsville  and  Ellicott's  Mills  Passenger  Railway    Company 

Aggregate  value  of  shares  of  stock  as  assessed $48,496  00 

"  "  "■        reassessed 36,372  00 

Reduction $12,124  00 

Baltimore   United  Oil   Company  of  Baltimore   County, 

Aggregate  value  of  shares  of  stock  as  assessed $720,000  00 

"  "  "  "        reassessed 600,000  00 

Eeduction $120,000  00 


Baltimore  Permanent  Building  and  Land  Society. 

Aggregate  value  of  shares  of  stock  as  assessed $231,200  00 

Assessment  atfirmed  on  appeal.  =::=::^==^=^ 

Baltimore,    Chesapeake  and  Richmond  Steamboat   Company. 

Aggregate  value  of  shares  of  stock  as  assessed $125,000  00 

«  "  "      reassessed 102,500  00 

Reduction $22,500  00 

Consumers''   Mutual   Gas  Light   Company. 

Aggregate  value  of  shares  of  stock  as  assessed $1,624,987  00 

"  "  "  reassessed 1,249,990  00 

Reduction $374,997  00 


28  REPORT    OP   THE 

TABLE  F .—'Continued. 

Coal,  Iron  and  Oil  Company  of  Allegany  County. 

Aggregate  value  of  shares  ofstock  as  assessed $30,000  OO 

"  "  "      reassessed 20,000  00' 

Reduction $10,000  00 

Franklin  Building  Association  of  Frederick. 

Aggregate  valne  of  shares  ofstock  as  assessed $102,678  Oft- 

"  "  "      reassessed 53, lie  11 

Reduction $49,561  89 

Gas  Light   Company  of  Baltimore. 

Aggregate  ?alue  of  shares  of  stock  as  assessed $3,300,000  Oft 

"  "  "       reassessed 2,500,008  00 

Reduction $800,000  9{K 


Holliiis  Land,   Homcslead  and  Loan    Company  of  Baltimore   City. 

Aggregate  value  of  shares  ofstock  as  assessed $15,000  00 

Assessment  cancelled. 

Reduction $15,000  Oft 

Jtiagcrstown  and  Srrciihsburj  Turnpike   Company. 

Aggregate  value  of  shares  of  stock  as  assessed $12,420  Q<t 

Assessment  affirmed  on  appeal.  ' 

Hagtrsicwn  Agricultural  ImpUnunt  Manufacturing  Company. 

Aggregate  value  of  shares  ofstock  as  !;ssessed $120,000  Oft 

^<  "  "      reassessed 63,000  CO 

Reduction .- • $57,000  SO 

Ilagersiown  Manufacturing  Company. 

Aggregate  value  of  shares  ofstock  as  assessed $30,000  0© 

"  "  "      reassessed 21,000  OO 

Reduction $(>,000  OO 


Home  Fire  Insurance   Company  of  Baltimore. 

-Aggregate  value  of  shares  ofstock  as  assessed $120,000  0& 

-       "'                       "                       "       reassessed 110,000  00 

Reduction - $10,000  0C> 


STATE   TAX   COMMISSIONER.  29 

TABLE  ¥.— Continued. 

Merchants  and  Mechanics  Permanent.  Bulliing  and  Loan  Co.  of  Baltimore  Cily. 

A^gre^ate  value  of  shares  of  stock  as  assessed $202,231  50 

"  "  "        reassessed 18^,007  95 


Reduction $20,223  55 

3[aryland  Steamboat    Oompavy. 

fgre^-a'e  valu2  of  shares  of  stock  as  assessed $101,820  00 

"  "  "        reassessed 84,850  00 


Reduction $16,970  00 

Merchants  and  Miners   Transportation   Company  of  Baltimore, 

Aggregate  value  of  shares  of  stock  as  assessed $420,000  00 

"  "  '•        reassessed  390,000  00 


Reduction $30,000  00 


Mutual  Benefit  Loan  Association  of  li^eni   County. 

^oKregate  value  of  shares  of  stock  as  assessed $16,995  00 

"  "  "        reassessed 7,817  54 


Reduction $9,177  46 


Potomac  Steamboat  Gomjjany 

..Aggregate  value  of  shares  of  stock  as  assessed... $60,000  00 

"                        "                        "        reasser.apd 40,000  00 

Reduction $20,000  00 


People's  Gas   Cimpany  of  Baltimore^ 

Aggregate  valua  of  shares  of  stock  a.f  assessed $1,741,905  00 

"  "  "       reassessed.. 1,514,700  00 

Seduction , $227,205  00 


Peonle^s   Paasenge.r   Railway    Coin^any. 

A.ggregat3  vame  of  snares  of  stoclr  as  assessea ,   $125,000  00 

"  ''  •'        reassessed 60,000  00 


luctioL , $65,000  00 


Union  Manufacturiiy  Company  of  Maryland. 

iggregate  value  of  shares  of  stock  as  assessed $161,006  00 

AsoesRment  alBi  ined  on  appeal.  ' 


HO  REPORT    OF    THE 

TABLE  F.~ Continued. 

Aggregate  of  Reductions  on  Appeal  in  1880,  and  State  Tax  on  Amount. 

Annapolis  Gas  Light  Company $  3,600  00 

American  Coal  Company  of  Allegany  County 120  000.00 

Baltimore,  Catr>n3ville  and  Ellicott's  Jlills  Passenger  Rail ivay  Co 12,124  00 

Baltimore  United  Oil  Company  of  Baltimore  County 120,000  00 

Baltiraore,  Chesapeake  and  Ricbmond  Steamboat  Company 22,500  00 

Consumers'  Mutual  Gas  Light  Company  of  Baltimore  374,997  00 

Coal,  Iron  and  Oil  Company  of  Allegany  County 10,000  0^ 

Franklin  Building  Association  of  Frederick 49  561  89 

Gas  Light  Cumpanv  of  Baltimore 800  000  00 

HoUins  Land,  Homestead  and  Loan  Company  of  Biltimore 15,000  00 

Eagerstown  Agricultural  Implement  Manufacturing  Company 57,000  00 

Hagej'stown  Manufacturing  Company 9,000  00 

Home  Fire  Insurance  Company  of  Baltimore 10  000  00 

Merchants  and  Mechanics  Per.  Biilding  and  Loan  Co.  of  Balto.  City..  20,223  65 

Mercbantsand  Miners  Transportation  Company 30,000  00 

Maryland  Steamboat  Company 16,970  00 

Mutual  Benefit  Loan  Association  of  Kent  County 9,177  46 

Potomac  Steamboat  Company  of  Baltimore 20,000  00 

People's  Passenger  Railway  Company 65,000  00 

People's  Gas  Light  Company  of  Baltimore 227,205  00 

$1,992,358  90 

State  Tax  on  total  amounts  reduced $3  735  67 


STATE   TAX   COMMISSIONER. 


31 


TABLE    G. 

Showing  the  Basis  of  Taxation  of  Banks,  Insurance  Com- 
panies and  Miscellaneous  Corporations  in  the  Several  Coun- 
ties and  City  of  Baltimore  for  the  year  1881.  on  real  property, 
a?  d  on  sha7^es  of  stock  after  deducHng  credits  of  part  of  their 
capital  invested  in  stocks  or  securities  on  xohich  the  taxes  are 
paid,  allowed  under  Section  88,  of  the  Act  of  18Y4,  Chapter 
483,  and  of  mortgages  on  real  or  leasehold  property  liable  to 
taxation  under  Act  of  18i0,  Chapter  122,  and  the  total  assess- 
ment of  Corporations  for  State  purposes. 


Counties  and  Baltimore  City. 


Allegany  County 

Anne  Arundel  Connt„\  . 

Baltimore  County 

Baltimore  City 

Calvert  '  County. 

Caroline 

Carroll 

Cecil 

Charles 

Dorchester 

Frederick 

Garrett 

Harfo  d 

Howard 

Kent 

Montgomery 

Prince  George's 

Que^>K  Anne's 

St.  M*ry's 

Somerset 

Talbot 

Washington 

Wicon  ico 

Worcester 


Total 


Real 
Property. 


$6,237,392  00 

178  54b  00 

2,812.621  25 

10,264,349  00 

6,023  00 

1,100  00 

32,530  GO 

322,188  00 


3,000  00 

37,573  00 

50,487  00 

21,360  00 

139,313  76 

8,85"  00 

1,150  00 

16.660  00 

18,100  00 


1,865  00 
53,350  00 
81,659  00 


14,500  00 


Phares 
of  Stock. 


$1,931  269  33 

330,883  62 

5,238.728  23 

20,176,229  41 

36,044  80 

30,054  14 

792,888  06 

804,708  18 

66,455  89 

61,775  09 

980  683  58 

36,028  50 

294,874  92 

273  958  90 

134.207  77 

13H,913  68 

102,724  23 

188,922  27 

6,   00  17 

8,223  61 

426,614  52 

883,886  43 

666  06 

10,971  01 


,302,619  01  $32,950,912  40 


Aggregate. 


$8,1 

509, 

8,051 

30,440, 

42 

31, 

825, 

1,126, 

66 

64 

1,018, 

86, 

316, 

413, 

143 

135, 

119, 

207 

6, 

10, 

479, 

965 

25 


661  33 
431  62 

349  48 
678  41 
067  80 
154  14 
418  06 
896  18 
455  89 
775  09 
256  58 
515  50 
234  92 
272  66 
057  77 
063  68 
384  23 
022  27 
200  17 
088  61 
964  52 
545  43 
666  06 
471  01 


$53,253,531  41 

4,415,245  75 

1,363,051  24 

20,150  00 

114,827  63 

7,128  220  46 


Morto-ages  allowed  under  Act  of  1880,  Chanter  122 

C^edit^  allowed  under  Secti<  n  88  oi  1874,  Chapter  483 

Adams  Express  Company,  personal  property  io  Baltimore  City.. 

Abatements  ou  appeal  after  shares  cf  stock  had  been  ce'^^tified 

*Tasable  ceposits  and  real  property  of  Savings  Institutions 

Total  assessment  of  corporations  for  State  purposes  in  1881...{  $66,295,026  49 

*The  re?(l  property  of  SaTing  Institutions  held  in  Baltimore  City $517,727  OG 

,1  II  It  "  Frederick  County     11,500  00 


$529,227  00 


=ili 


