Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1911-08-11
BYLAW
Imposing the CITY Tax Rate for the Fiscal
Year Ending June 30, 1912.

SEC. BE It established and ordained by the
Mayor, Counsellor and Aldermen OF the City Of
AnnaPeei i Ihst the tax rate Of eighty cents
haudred dollars Of the assessable property In
the City OF Annapolis. for the fiscal year
endlng June 3Jth, 1912. 20 be collected rllFsu-
ant 10 the laws az contained in the Charter,
and the bY-iaws snd ord inanceS OF the Mayor
Counselor and Aldermen % the City Of n
nApolis.
sKc. And be il further established
and ordair ed by the authority aforesaid, That
out OF the amount named ia TIE first section OF
this Bylaw. the sum Of lf5< cents out OF
Is hereby set apart for a sinking Fund
% pay the interest on the bonds of the
the General Assembly ~ Maryland. at the
sessions OF ls9S, 1900 1905 and 1910
SIC. sand be 1t further established and
ordained by the authority aforesaid. That
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 I'm the year
1885 upon maturity.
SIC. And be II 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 - hereby set apart for a sinking
fund TO meet the bonds Issued In 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 or 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.
SIC. 6-And be II further established and
Ordained by the authority aforesaid. that ont
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.
SEC And be it further established aud or
dained by the authority aforesaid, That II
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
and accounts thereof, and deposit the same tc
the credit of the said Sinking Funds as required
by the several Acts OF Assembly and ordi-
names relating to, and providing for, said
several bond issues, and to receive on account
United States; and Ii shall be the duty OF the
said Collector and Treasurer and he Il
hereby directed 10 express on the tax bills
each 50 cents collected, is for the ordinary
expenses of the city, and that I2lS cents out OF
each so cents collected Is for the sinking
fund 10 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 41s cent out OF each 80 cents collect
ed is for the sinking fund for the payment
of tue 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 50 cents
collected, is for the sinking fund for the nav.
ment OF the bonds issued under the authority
of the A CT of Assembly of the year 1910.
SEC. s. And belt established and ordained
q hat
Law shall take effect from the date OF it's
passage
Approved July 81, 1911.
JAMES f. STRANGE,
True Copy-Test: Mayor.
PHIL. E. PORTER. Clerk. ty3l