Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1910-07-21
Bylaw
Imposing the City Tax Rate for the
Fiscal Year Ending June 80, IoII.

SIC. I.--Be II established and ordained ny the
Mayor. Counsellor and Aldermen Of the City of
Annapolis, That the tax rate Of eighty-8ve cents
be. and the same IS hereby imposed on each one
hundred dollars Of the assessable property in
the City OF Annapolis, 70: the fiscal year
ending June 50th, 1911. 20 be collected pursu-
ant TO the laws az contained I'm the Charter,
and the bylaws and ordinances of the Mayor.
Counselor and Aldermen OF the City OF An-
napolis.
SIC. 2.-And be it further established
and ordained by the authority aforesaid, That
out OF the amount named In tie FIRST section OF
this Bylaw the sum Of sixteen cents out OF
each s. cents collected, be, and the same
is hereby set apart for sinking Fund
City OF Annapolis, IS required by the Acts of
the General Assembly of Maryland, ut the
sessions Of 1898. 1900, 1906 and 1910
SIC. Sand be It further established ana
ordained by the authority aforesaid, That
out of the amount named I'm the said first
section OF this y-Law, the sum of ~ cents
same Is hereby set apart for sinking
Fund to meet the bonds issued in the year
1888 upon maturity.
SEC. An be II further established and
ordained by the authority aforesaid, That
ont OF the amount named IN the said drst
section ofthis Bylaw, the sum OF five cents
out OF each eighty-iive cents collected be, and
the same Is hereby set apart for sinking
funf TO meet the bonds issued In the year
1900 upon maturity.
SEC. 5.-And be it further established and
ordained by the authority aforesaid, That
out ofthe amount named in the said first
section OF this Bylaw, the sum OF two and
one-half cents out OF each eighty-five cents
collected be and the same is hereby set apart
for sinking fund TO meet the bonds issued in
in the year 1866 upon maturity.
SIC. 6-And 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 one cent out or
each eighty-fve cents collected, be, and the
same is hereby set apart for sinking fund 10
meet the bonds issued in the year 1910, upon
maturity.
SEC. 7.-And be it further established and or
dained by the authority aforesaid, That ii
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-
several bond issues, and to receive on account
thereof nothing but current money of the
United States and IL 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 IS cents of
each 81 cents collected, is for the ordinary
expensesSf the city, and that 10 cents out of
each IS cents collected Is for the sinking
fund TO pay the interest on the bonds author
lied by the different Acts OF Assembly rs
aforesaid; and that two and One-half cents
out OF each eighty-hYe 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 IS 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
s. cents collected is for the sinking fund for
the payment of the bonds issued under the
authority of the Act OF Assembly of the year
1906; and that one cent out of each IS cents
collected, is for the sinking fund for the paw
ment of the bonds issued under the authority
of the Act of Assembly of the year 1910.
SEC. S. And be IL established and ordained
by the authority aforesaid, that this By
Law shall take effect from the date of Its
passage.
Approved July 18th, 1910.
JAMES II. STRANGE,
True Copy-rest; Mayor.
Pun. e. PORTER. Clerk. jy16