Evening capital and Maryland gazette., 1915-08-05
BYLAW
Imposing the TaxRate for the Fis-
cal Year Ending June 80. 1916.

SECTION BE it established and or
dained by the Mayor, Counselor and
Aldermen of the City OF Annapolis.
that the tax rate OF ninety-five cents be
and the same is hereby. imposed on
each one hundred dollars Of assessat.e
property in the City OF Annapolis. for
the fiscal year ending June 50. 1916, g.
be collected pursuant 20 the laws. "a
contained in the Charter. and the hy
Laws and Ordinances Of the Mayor.
Counselor and Aldermen Of the City of
Annapolis.
SECTION 2.-And be it further estab-
ished and ordained by the authority
aforesaid, that outof the amount named
in the first section of this Bylaw. the
sum Of twelve and one-half cents out ot
each 95 cents collected, be. and the
same is hereby. set apart for 3 sinking
fund to pay the interest on the bonds
of the City Of Annapolis, as required bV
the Acts of the General Assembly 90
Maryland, at the sessions Of 1898. 1890.
1906 and 1910.
SECTION S.-And be il further estah-
lished 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 ninety five cents collected.
be. and the same is hereby, set apart
for a sinking fund TO meet the bonds
issued in the year 1898, upon maturity
SECTION And be it further estab-
hshed and ordained by the authority
aforesaid, that out of the amount
named in the said first section OF this
BY Law, the sum of four and one half
cents out of each 95 cents collected
be. and the same is hereby, set apar
for a sinking fund TO meet the bonds
issued in the year 1900. upon maturity.
SECTION 5--And be it further cs
tablished and ordained by the authori-
ty aforesaid, that out of the amount
named in the said first section of this
Bylaw. the sum Of two cents out Of
each ninety cents collected. be, and
the same is hereby set apart FOR a
sinking fund to meet the bonds issued
in the year 1905, upon maturity.
SECTION 6--And be il further estab-
ished and ordained by the authority
aforesaid, that out Of the amount nam
ed ID the first section of this Bylaw.
the sum of two cents out of each 9b
cents collected, be, and the same is
hereby. set apart for a sinking fund 10
meet the bonds issued in the year 1910,
upon maturity.
SECTION 7.--And be it further estab
lished and ordained by the authority
aforesaid, that It shall be the duty of
the Collector and Treasurer, 10 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 ordinan
ces relating to- and providing for said
several bond issues, and % receive GA
account thereof, nothing but current
money of the United States, and B.
shall be the duty of the said Collector
and Treasurer. and he Is hereby dirCc-
ted, to express on the tax bills. for the
said fiscal year that seventy-tWO cents
out of each ninety-tive cents collected. is
for ordinary expenses Of the City. and
that twelve and one-half cents out Of
each 9J cents collected is for the
sinking fund, to pay the interest on the
bonds authorized by the different Acts
of Assembly, as aforesaid; and that two
cents out of each 95 cents collected
is for the sinking fund for the payment
of the bonds issued under the authority
of the Acts of Assembly, of the year
/ 1898; and that four and One-half cents
out Of each nlnety-five cents collected is
for the sinking fund for the payment Of
bonds issued under the authority Of the
! Acts of Assembly, of the year 1906; and
( that two cents out of each 50 cents
collected, is for the sinking fund for the
( payment of the bonds issued under the
authority of the Act of Assembly, of
I the year 1910
! SECTION Sand be il established
and ordained by the authority afore-
said, that this Bylaw shall take eff
feet from date Of its passage
Approved July q, 1915.
JAMES +. STRANGE, Mayor.
True Copy Test
PHIL. E. PORTER, Clerk.