after due notice to the owner may apply to the Treasurer and receive a deed. If the proceedings have been regular, the original owner loses all title to the property conveyed by such deed.

11. Sale of Personal Property-The Treasurer may also seize and sell the personal property of the delinquent taxpayer to enforce payment of taxes; but where there is real estate from which the collection can be made other remedies are not ordinarily employed.

12. Taxation of Railroads-All railroad property in the State is assessed by the Executive Council. This valuation is made at an average sum per mile of road, and depends upon the earnings of the several corporations and all other matters necessary to enable the council to make a just and equitable assessment.