[HISTORY: Adopted by The Commissioners of St. Michaels as indicated
in article histories. Amendments noted where applicable.]
[Adopted 3-20-1934 by Ord. No. 59]
The procedure set forth in § 14-801 of the Tax-Property Article
of the Annotated Code of Maryland for the sale of property for the nonpayment
of taxes be and the same is hereby elected and adopted by The Commissioners
of St. Michaels as the procedure for the sale of all property for the nonpayment
of taxes due The Commissioners of St. Michaels.
[Adopted 2-9-1954 by Ord. No. 80]
The stock in any business of every person, firm or corporation engaged
in business within the corporate limits of St. Michaels, Maryland, shall be
valued and assessed to the owner thereof on the date of finality, for the
purpose of municipal taxation, at 60% of its fair average value for the 12
months preceding the date of finality.
