VALUATION AND ASSESSMENT OF PROPERTY
AN ACT to Amend Chapter 44, Revised Code of Delaware, by Exempting From Assessment and Taxation Property of Corporations Organized for the Purpose of Carrying on "American Legion" Work.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. That Chapter 44, Revised Code of Delaware, as heretofore amended, be and the same is hereby further amended by adding to 1098, Sec. 1 thereof, the following paragraph:
The lands, tenements and property of any corporation organized for and carrying on "American Legion" work shall be exempted from any and all State, County, and Municipal taxes, assessments, burdens and impositions during such time and to the extent that such lands, tenements and property shall be actually used by such corporation in the charitable, patriotic and educational work usually done by the organization known as "The American Legion" ; provided, that said exemption shall not apply to any lands, tenements and property owned by said corporation, as investments and not actually used in its work.
Approved April 13, 1933.