Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1911-08-24
BYLAW
Imposing the CITY Tax Rate for the Fiscal
Year Eadirg June 30, 1912.

SIC l.-Be Il established and ordained by the
Mayor, Councillor and Aldermen OF the City of
Annapolis, That the tax rate Of eighty cents
be, and the same is hereby imposed on each one
hundred dollars Of the assessable property IN
ending June S0th, 1912. 70 be collected pyIrsu.
ant 70 the laws az contained in the Charter
and The bylaws AID 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 o. the amount named in TIE first section az
this Bylaw. the sum Of l2ls cents out of
each ~ cents collected, be, and the same
i hereby set apart for sinking Fund
% pay the interest on the bonds of the
City o. Annapolis, as required by the Acts OF
the General Assembly Of Maryland, At the
sessions OF ISIS, 1900. 1906 and 1910
SEC. sand be 1t further established and
ordained by the authority aforesaid, That
out OF the amount named In the said flrst
section OF this bylaw, the sum of cents
out OF each - cents collected be and the
same is hereby set apart Tor a Sinkine
Fund 10 meet the bonds Issued In the wear
1888 upon maturity.
SECS 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 ~ cents
out OF each eighty cents collected be, and
the same is hereby set apart for sinking
fund 10 meet the bonds issued In the wear
1903 upon maturity.
SIC. 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
cents out or each eighty cents collected,
be and the same IS hereby set apart
for sinking fund to meet the bonds issued in
the year 1906 upon maturity.
SEC. 6-And be It furthe~ established and
Ordained by the authority aforesaid. that out
OF the amount named ia the said first section
OF this Bylaw, the sum of two cents out OF
each eighty cents collected, be, and the
same Is hereby set apart for a sinking fund TO
meet the bonds issued in the year lslO upon
maturity.
SEC. And be IL further established and or
datned by the authority Aforesaid, That IL
shall be the duty of the Collector and Treasurer
10 collect the sums so set apart for the several
Sinking Funds and 70 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-
nances relating 70, and providing for said
several bond issues. and to receive on account
thereof nothing but current money Of the
United States; and it shall be the duty OF the
said Collector and Treasurer, and he is
hereby directed 20 express on the tax bills
! Tor the said fiscal year. that 81 cents out of
each 80 cents collected, is for the ordinary
expenses Of the city, and that 1919 cents out of
each SO 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 cents out
the sinking fund for the payment of bonds
Issued under the authority OF the Acts OF As
sembly OF Maryland OF the year 1885, and
that ~ cent out OF each 50 cents collect
ed is for the sinking fund for the payment
of the bonds issued under the authoritv Of
the Act OF Assembly of the year 1900, and
that two cents out OF each eighty
cents collected IL for the sinking fund for
the payment of the bonds issued under the
authority ofthe Act OF Assembly of the year
1905; and that two cents out of each 80 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 1910.
SEC. S. And he IL established and ordained
by the authority aforesaid, that this BY
Law shall take effect from the date OF It's
passage.
Approved July 81, 1911.
JAMES +. STRANGE,
True Copy-Test: Mayor.
PHIL. K. PORTER, Clerk. JySl