OF VALUATION AND TAXATION OF PROPERTY.
AN ACT to exempt from Taxation certain Property in the Town of Newport and adjacent thereto.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
SECTION I. That the real estate of any person or persons, or body corporate within the limits of the town of Newport, or adjacent thereto, and each thereof between the Wilmington and Newport Turnpike and Christiana River so far as the road leading to and through the land known as Conrad's Marsh, but not exceeding five acres for any one owner, and upon which any manufacturing or other industrial improvements for the employment of labor, shall be erected after the passage of this act or any real estate upon which any buildings are already erected and which after the passage of this act shall be used for any manufacturing or industrial pursuit as aforesaid not before prosecuted or carried on therein shall be exempt for a period of ten years after the same shall be first assessable from assessment or taxation for State, county, road or municipal purposes.
Passed at Dover, Delaware, April 1, 1889.