Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1910-07-28
BYLAW
Imposing the City Tax Rate for the
Fiscal Year Ending June o,IoII.

SIC. BE il established and ordained BY The
Mayor, Counsellor and Aldermen Of The City OF
Annapolis. That the tax rate Of eighty-TiVe cents
be, and the same is hereby imposed on each one
hundred dollars Of the asseSsable property in
the City OF Annapolis, tO- the fiscal year
ending June j0th, 1911, 20 be collected puIsa-
ant 10 the laws aE contained ia the Charter,
and the bylaws and ordinances OF the May or.
Counselor and Aldermen ni the City Of An
napolis.
sac. s.-And he il further established
and ordained by the authority aforesaid, That
out OF the amount named ia tie nrst section of
this By Law. the sum of sixteen cents out OF
IS hereby set apart for a sinking Fund
to pay the interest on the bonds Of the
City al Annapolis, as required by the Acts of
the General Assembly of Maryland, At the
sessions OF ls3s, 1900. 1906 and 1910
SEC. 3.-And be il further established ana
ordained by the authority aforesaid, That
out OF the amount named In the said nrsi
section OF this BYLAW, the sum OF 24S 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 nTst
section OF this Bylaw. the sum OF Ave cents
out OF each eighty-hve cents collected be, and
the same is hereby set apart for sinking
fund 10 meet the bonds lssued I'm 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 hrst
section of this Bylaw, the sum OF two and
one-haf cents out OF each eighty-five cents
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 il 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-tive cents collected, be. and the
same is hereby set apart for sinking fund to
maet the bonds issued in the year 1910, upon
maturity.
SEC And be it further established aud or
dained by the authority Aforesaid, That IL
shall be the duty of the Collector and Treasurer
10 collect the sums 50 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, and to receive on account
thereof nothing Int current money OF the
United States and it shall be the duty of the
said Collector and TIT asurer, ana he is
hereby directed 70 express on the tax bills
for the sRld fiscal year, that - cents OF
each 50 cents collected is for the ordinary
expenses OF the city, and that lG 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 eighty-6ye cents collected is
| for the sinking fund for the payne nt of bonds
issued under the authority of the Acts of AS
| sembly OF Maryland OF the year 1898; and
/ that cent out OF each So 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-haif cents out OF each
/ - cents collected Is for the sinking fund for
| the payment OF the bonds issued under the
| aut uorlty ofthe Act OF A ssem DIV of the year
/ 1905; and that one cent out of each IS cents
| collected, is for the sinking fund for the pay.
| ment of the bonds issued under the authority
| of the Act of Assembly OF the year 1870
| SIC. 8. And he II established and ordained
| by the authority aforesaid, that this By
| Law shall take effect from the date Of It's
passage.
| Approved Jnly 18th. 1910
JAMES r. STRARaE,
1 True Copy-Iest: Mayor.
| PHI +. PORTER Clerk. lylG