Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1911-08-15
BYLAW
Imposing the CITY Tax Rate for the Fiscal
Year Ending June 80, 1912.

SKc. BE it established and ordained by the
Mayor. Counsellor and Aldermen of the City OF
Annapolis, That the tax rate of eighty cents
ne, and the same Is hereby imposed on each one
hundred @aollaH of the assessable property in
the City OF Annapolis, for the fiscal year
ending June @th, 1912, TO be collected pursu-
and the bylaws and ordinances of the Mayor,
Counselor and Aldermen of the City of An
napolis.
SEC 2.-And be it further established
and ordained by the authority aforesaid, That
out OF the amount named in the first section of
this Bylaw. the sum of l21s cents out OF
is hereby set apart for a sinking Fund
70 pay the interest on the bonds of the
t City OF annapolis, as required by the Acts of
sessions OF 1898, 1900 1905 and 1910
SIC. Sand be 1t further established and
ordained by the authority aforesaid, That
section oil this Bylaw, the sum of cents
out OF each 80 cents collected, be and the
same is hereby set apart for Sinking
Fund to meet the bonds issued In the year
1898 upon maturity.
SEC. And be It further established and
ordained by the authority aforesaid, That
section OF this Bylaw, the sum of AZ cents
out OF each eighty cents collected be, and
the same Is hereby set apart for a sinking
fund to meet the bonds issued I'm 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
cents out of 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 1t 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 two cents out of
each eighty cents collected, be, and the
same is hereby set apart for sinking fund TO
meet the bonds issued in the year 1910, upon
maturity.
SIC. And be 1t further established and or
dained by the authority Aforesaid That 1t
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
the credit of the said Sinking Funds, as required
by the several Acts OF Assembly and ordi-
nances relating to, and providing for, said
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 to express on the tax bills
for the said fiscal year. that 81 cents out OF
each so cents collected, is for the ordinary
expenses of the city, and that 1915 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 or Assembly
as aforesaid; and that two cents out
OF each eighty 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 1885, 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 cents out of each eighty
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 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 be it 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 F. STRANGE,
True Copy-Test: Mayor.
PHIL. Il. PORTER Clerk. jy3l