Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1911-08-07
BYLAW
Imposing the City Tax Rate for the Fiscal
Year Ending June 30. 1912.

SIC. 1-Be it established and ordained by the
Mayor, Counsellor 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
the City of Annapolis, fo- the fiscal year
ending June 50th, 1912, 20 be collected pursu-
ant 10 the laws az contained In the Charter,
and the bylaws and ordinances OF the Mayor.
Counselor and Aldermen Of the City Of An
napolis.
SIC. s.-And be IL further established
and ordained by the authority aforesaid, That
out Of the amount named IN tie first section of
this Bylaw, the sum Of ia cents out OF
is hereby set apart for sinking Fund
20 pay the interest on the bonds OF the
the General Assembly OF Maryland, ut the
sessions OF 1888, 1900. 1906 and 1910.
SIC. sand 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 cents
out OF each 50 cents collected, be and the
Fund to meet the bonds issued In the year
1888 upon maturity.
SEC. 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
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 it further 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 sinking fund to
meet the bonds issued in the year 1910 upon
maturity.
SEC And be it further established and or
dAined by the authority aforesaid, That 1T
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
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 it shall be the duty OF the
sara, S3 3t1a.os sno IIeasurer' ana ne Is
for the said fiscal year. that 81 cents out OF
each 50 cents collected, is for the ordinary
expenses OF the city, and that l2iS cents out of
each 80 cents collected is for the sinking
fund TO pay the interest on the bonds author
lied by the different Acts OF Assembly
of each eighty cents collected is for
the sinking fund for the payment of bonds
sembiy of Maryland of the year 1855; and
that ~ cent out of each so cents collect
ed Is Tor the sinking fund for the pay ment
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 or 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 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 f. STRANGE,
True Copy-Test: Mayor.
PHIL. e, PORTER, Clerk. jy3I