Evening capital and Maryland gazette., 1910-08-03
BYLAW
Imposing the City Tax Rate for the
Fiscal Year Ending June 80, 1911.


sac. 1.--Be it established and ordained by the
Mayor. COG nseIlor and Aldermen OF the City OF
AuEap0Le, That the tax rate nleighty- Dvecents
es slld . ne sane is hereby imposed on eaen one %
the CITY of Annapolis, foe Eae Aseal year
ending june 30th, 1911, % be collected pufsu-
ant 20 the laws as contained In the Charter,
and the by- laws and ordinances Of the Mayor,
Counselor aud Aldermen OF the City OF An
papolis.
SEC. 2.-And be it further established
and ordained by the authority aforesaid, That
out of the amount named in'tLe first section OF
this Bylaw. the sum OF sixteen cents out OF
each IS cents collected, be, and the same
is hereby set apart for sinking Fund
70 pay the interest on the bonds OF the
City of Annapolis. as required by the Acts OF
sessions OF 1855, 1900. 1906 and 1910
SEC. 3.-And be 1t further established and
ordained by the authority aforesaid, That
out OF the amount named In the said frst
section OF this bylaw, the sum OF ~ cents
out OF each s. cents collected, be and the
same is hereby set apart for a Sinking
Fund to meet the bonds Issued In the year
1898 upon maturity.
SEC An be it further established and
ordained by@the authority aforesaid, That
out OF the amount named In the said first
section of this Bylaw, the sum of five cents
out of each eighty-tive cents collected be, and
the same IS hereby set apart for sinking
fund to meet the bonds issued in the year
1900 upon maturity.
SIC. 5.-And be It further established and
ordained by the authority Aforesaid, That
out ofthe amount named in the said iirst
section of this Bylaw, the sum of two and
collected be and the same is hereby set apart
for sinking fund 10 meet the bonds issued in
In the year 1906 upon maturity.
SIC. 6-And be it further established and
ordained by the authority aforesaid. that ont
OF the amount named I'm the said first section
of this By-I aw, the sum of one cent out or
each eiQhty-fiYe cents collected, be. and the
same Is hereby set apart for sinking fund to
bonds
maturity.
sEc And be it further established and Or
dained by the authority Aforesaid, That IL
shall be the duty OF the Collector and Treasurer
TO collect the sums so set apart for the several
Sinking Funds and to keep separate receipts
and accounts thereof, and deposit the same to
the credit OF the said Sinking Funde, as required
by the several Acts OF Assembly and ordi-
anees relating to, and providing for, said
several bond issues, and TO receive on account
thereof nothing but current money OF the
United States; and 1t shall be the duty of the
said Collector and Treasurer, and he is
hereby directed to express on the tax bills
for the said fiscal year, that 58 cents OF
each s. cents collected, is for the ordinary
expenses of the city, and that l6 cents out OF
each . cents collected is for the sinking
fund TO pay the interest on the bonds author
lied by the different Acts OF Assembly as
aforesaid; and that two and onehalf cents
out OF each eighty-tive cents collected is
for the sinking fund for the payment of bonds
issued under the authority of the Acts of AS
semby of Maryland of the year 1893; and
tudt . cent out Oh eacu 81 cenIs Collect
ed Is for the sinking fund for the payment
OF the bonds issued under the authority OF
the Act of Assembly or the year 1900, and
that two and one-hslf cents out of each
s. cents collected Is for the siuking fund for
the payment of the bonds issued under the
authority ofthe Act or Assemble OF the year
1906; and that one cent out of each s. cents
collected is for the sinking fund for the pay
ment OF the bonds Issued under the authority
or the Act of Assembly of the year 1910.
SIC. 8. And be 1t established and ordained
nv
Law shall take effect from the date of it's
passage.
Approved July 18th, 1910
JAMES +. STRANGE,
frue Copy-rest: Mayor.
Phil. r.. PORTER CleTk. lyle