Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1911-08-26
BYLAW
Imposing The CITY Tax Rate for the Fiscal
Year Ending June 80. 1912.

SIC. 1.-Be il established snd ordained BY the
Mayor. Counsellor and Aldermen of the City Of
Annapolis, That the tax rate of eighty cents
be. ana the same Is hereby imposed on each che
hundred dollars Of the asSessable property IN
me CltX OF annapolis, TO- the fiscal year
ending June Dth, 1912 70 be collected pursu-
ant 70 the laws az contained I'm the Charter.
and the bylaws and ordinances OF the Mayor,
Counselor and Aldermen 90 the City Of An
uapols.
SIC. AND be il further established
and ordained 10y the authority aforesaid. That
out OF the amount named in the first section OF
this Bylaw. the sum OF l2is cents out of
each 50 cents collected. he. and the sam Q
IS hereby set apart FOR a sinking Fund
10 pay the interest on the bonds Of the
City OF Annapolis, as required by the Acts Of
| the General Assembly Of MARYLAND, 81 the
sessions Of 1875, 1900. 1905 and 1910
SIC. sand be IL further established and
ordained by the authority aforesaid, That
out OF the amount named In the said frst
section OF this Bylaw, the sum of cents
out OF each 50 cents collected, be and the
same is hereby set apart for a sinking
Fund to meet the bonds issued in the year
ISIS upon maturity.
SEC. And be IL further esta blished and
/ ordained by the authority aforesaid, That
ont Of the amount named in the said first
section OF this Bylaw, the sum OF ~ cents
out of each eighty cents collected be, aud
the same is hereby set apart for sinking
fund to meet the bonds issued IN the year
1900 upon maturity.
| SIC. 5.--And be II further established and
| ordained 10y The authority aforesaid, That
out orthe amount named in the said first
1 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 10 meet the bonds issued IN
the year 1896 upon maturity.
SIC. 6-And be Il furthe~ established and
ordained by the authority aforesaid, that ont
OF the amount named ia { he said first section
| OF this Bylaw, the sum of two cents out OF
each eighty cents collected, Toe. 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 ana or.
dained by the authority aforesaid, That ii
shall be the duty OF the Collector and Treasurer
| 20 collect the sums so set apart for the several
Sinking Funds and 20 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 orii-
| 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 10 express on the tax bills
| for the said fiscal year. that 81 cents out OF
each 50 cents collected, is for the ordinary
| expenses OF the city. and that l2& 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
of each eighty cents collected is for
the sinking fund for the payment OF bonds
| Issued under the authority OF the Acts of a s.
| sembly OF Maryland of the year 1898; and
| that ~ cent out OF each 80 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, and
that two cents out of each eighty
| cents collected is Tor the sinking fund for
the pay ment OF the bonds issued under the
aUtOority OF The 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 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 +. STRANGE,
True Copy-Test: Mayor.
PHIL. f.. PORTER. Clerk. jy3l