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

SIC. i.--Be it established and ordained by the
Mayor. Counsellor and Aldermen OF the City OF
BE- and the same is hereby iTnfosea "a 5clS ore
hundred dollars of the assessable property IN
the City OF Annapolis, fo- the fiscal year
ending June S1th. 1912. 20 be collected pursu-
ant 20 the laws as contained in the Charter.
and the bylaws and ordinances Of the Mayor.
Counselor and Aldermen 81 the City Of An
napolis.
SIC. 2.-And be II further established
ana ordained by the authority aforesaid, That
out OF the amount named I'm tie first section Of
this Bylaw. the sum Of 1914 cents out OF
each 50 cents collected, be. and the same
Is hereby set apart for sinking Fund
70 pay the interest the bonds Of the
the General Assembly OF MARYLAND at the
sessions of 1888, 1900. 1905 and 1910
SEC, Sand be it further established and
ordaihed 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 So cents collected, be and the
Fund to meet the bonds issued I'm the year
1898 upon maturity.
SIC. And be Il further established and
ordained by the authority aforesaid, That
out or the amount named I'm the said lTst
section OF this Bylaw, the sum OF AZ cents
out OF each eighty cents collected be, and
fund 70 meet the bonds issued In the year
100 upon maturity.
SIC. 5-And be IL further established and
ordained by the authority Aforesaid, That
outofthe amount named in the said first
section OF this bylaw, the sum OF two
cents out OF each eighty cents collected,
be ana the same Is hereby set apart
for sinking fund TO meet the bonds issued in
the year 1906 upon maturity.
SEC. G-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
same Is hereby set apart for sinking fund TO
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 It
shall be the duty of the Collector and Treasurer
70 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-
nances relating to, and providing for, said
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 81 cents out OF
each 80 cents collected, is for the ordinary
expenses Of the city, and that 1915 cents out of
each 50 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
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 1898; and
that ~ cent out OF each SO cents collect
ed is for the sinking fund for the payment
of toe bonds issued under the authority OF
the Act OF Assembly OF the year 1900, ana
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 50 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
SEC. s. And be 1t established and ordained
by the authority aforesaid, that this BY
Law shall take effect from the date of its
passage.
Approved July 81, 1911.
JAMES +. STRANGE,
True Copy-Test: Mayor.
PHIL. E. PORTER, Clerk. jy3l