VALUATION AND ASSESSMENT OF PROPERTY.
AN ACT to amend Section 1 of Chapter 44, Code Section 1098, of the Revised Code of the State of Delaware by adding a paragraph to said Section, in relation to the exemption of property from Taxation.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. That Chapter 44, Section 1, Code Section 1098, of the Revised Code of the State of Delaware, be and the same is hereby amended by adding to said Section, at the end thereof, the following paragraph
"All real and personal property, except such as is held by way of investment, owned by any Corporation or Association maintained wholly or partly by charity in this State, and used wholly or partly by non-sectarian charitable Young Women's Christian Associations, shall be and the same is hereby exempt front all taxes, assessments, burdens, or impositions for State, County and Municipal purposes."
Approved April 10, A. D. 1919.