Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1910-07-23
Bylaw
Imposing the City Tax Rate for the
Fiscal Year Ending June 80, 1911.

SIC. BE il established and ordained by the
Mayor. Counsellor and Aldermen OF the City Of
Annapolis, That the tax rate Of eigbiy-fiye cents
be, ana the same iE hereby imposed on each one
hundred dollars of the asSessable property In
the City of Annapolis, 70. the fiscal year
ending June 18th, 1911. 70 he collected puTsu-
ant 10 the laws ss contained In the Charter,
aud the bylaws and ordinances OF the Mayor,
Counselor and Aldermen Of the City OF An
napoUs.
sEc. And be il further established
and ordained by the authority aforesaid, That
out OF the amount named In the FIRST section OF
this Bylaw. the sum of sixteen ceTtts out OF
Is hereby set apart for = Sinking Fund
10 pay the interest on the bonds OF the
City OF Annapolis, as required 10y the Acts Of
the General Assembly of Maryland. At the
sessions OF 1925, 1900. 1905 and 1870
SIC. Sand te II further established ana
ordained by the authority aforesaid, That
out of the amount named In the said nrSt
section OF this Bylaw, the sum of 81 cents
out OF each s. cents collected, he and the
same is hereby set apart for sinking
Fund TO meet the bonds issued In the year
1895 upon maturity.
SEC. An be IL further established and
ordained by the authority aforesaid, That
out of the amount named I'm tho said trgt
section of this Bylaw. the sum OF FIVE cents
out OF each eigbty-fvc cents collected be, and
the same is hereby set apart for sinking
fund 70 meet the bonds issued I'm the year
l3J0 upon maturity.
sFC. 5.-And he II further established and
ordained by the authority Aforesaid, That
out ofthe amount named in the said fiTst
section OF this Bylaw, the sum OF two and
one-half cents out Of each eiRhty-five cents
collected be and the same Is hereby sci apart
for sinking fund TO meet the bonds issued In
In the year 1906 upon maturity.
SEC. 6-And be II 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 one cent out of
each eighty-fVe cents collected, he, and the
same is hereby set apart for sinking fund to
nat s.nn tnA in
maturity.
SIC. And DC it further established and or
dained by the authority Aforesaid, That 10
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 Funds, as required
by the several Acts OF Assembly and ordi-
ances relating to. and providing for, said
several bond issues, aud to receive on account
thereof nothing but current money OF the
United States; and IL shall be the duty OF the
said Collector and Trt asurer, apd he is
hereby directed 20 express on the tax bills
for the said fiscal year. that IS cents of
each s. cents collected, is for the ordinary
expenses OF the city, and that 16 cents out of
each s. 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 one-half cents
out of each eghty-tve cents collected is
for the sinking fund for the payment of bonds
issued under the authority OF the Acts of AS
sembly OF Maryland OF the year 1898; and
that 5 cent out of each s. cents collect
ed Is for the sinking fund for the payment
of the bonds issued under the authority OF
the Act of Assembly of the year 1900, and
that two and one-half cents out of each
50 cents collected is for the sinking fund for
the payment of the bonds issued under the
authority ofthe Act OF Assembly of the year
1906; and that one cent out of each IS cents
collected, is for the sinking fund for the nav.
ment of tn bonds issued under the authority
of the Act OF Assembly Of the year 1910
SEC. s. And be II established aud ordained
| by tho authority aforesaid, that this BY
Law shall take effect from the date OF its
passage.
Approved July 18th, 1910.
JAMES 4. STRANGE
True Copy-Test: Mayor.
Pm. T.. PORTER. Clerk. jyt6