Evening capital and Maryland gazette., 1915-07-31
BYLAW
Imposing the TaxRate for the Fis-
cal Year Ending June 80, 1916.

cal 1edF EHuing JuitS OVs AStO'
SECTION BE il 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 sssessahie
property in the City OF Annapolis, Tor
the fiscal year ending June 50, 1916, %
be collected pursuant 10 the laws as
contained in the Charter. and the By
Laws and Ordinances of the Mayor,
Counselor and Aldermen Of the City ct
Annapolis.
SECTION And be it further estab-
lished and ordained by the authority
aforesaid. that out Of the amount Ramed
in the first section of this Bylaw, the
sum of twelve and one half cents out Of
each 80 cents collected. be, and the
same is hereby, set apart for sinking
fund to pay the interest on the bonds
Of the City Of Annapolis. as required by
the Acts of the General Assembly Of
Maryland, at the sessions Of 1898, 1900,
1906 and 1910.
SECTION S.-And be il further estab-
lished and ordained by the authority
aforesaid, that out of the amount
named in the said first section Of this
out of each ninety-five cents collected.
be, and the same is hereby, set apart
for q sinking fund TO meet the bonds
issued in the year 1S9S, upon maturity
SECTION 1 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
3y Law, the sum of four and one half
cents out Of each 80 cents collected.
be. and the same is hereby. set apart
for q sinking fund to meet the bonds
issued in the year 1900, upon maturity.
SECTION Sand be iu further es
tablished and ordained by the authOri-
" 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 20 meet the bonds issued
IN the year 1906, upon maturity.
SECTION 6-And be It further estab-
lished and ordained by the authority
aforesaid, that out Of the amount nam
ed in the first section of this Bylaw
the sum Of two cents 0ut Of each 95
cents collected, be, and the same Is
hereby. set apart for a sinking fund o.
meet the bonds issued IN the year 1910
upon maturity.
Section Z. And be it further estab
lished and ordained by the authority
aforesaid, that it shall be the dutv of
the Collector and Treasurer. 10 collect
the sums 80 set apart for the several
/ sinking funds, and to keep separate
receipts and accounts thereof, and to
deposit the same TO the credit Of the
said sinking funds. as required by the
several Acts Of Assembly and crdiuan-
ces relating 10, and providing FOR said
/ several bond issues, and Is receive on
account thereof nothing out current
money of the United states. and it
I shall be the duty Of the said Collector
! and Treasurer. and he Is hereby drec-
/ ted, 10 express on the tax bills. for the
/ said fiscal year that seventy-two cents
out of each ninety-iive cents collected, is
| for ordinary expenses Of the city. and
| that twelve and one-half cents out of
each 50 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 % cents collected
| is for the sinking fund for the payment
l of the bonds issued under the authority
I Of the Acts Of Assembly, Of the year
( 1898; and that four and cue-half cents
l out Of each nineiy-iivc cents collected Is
/ for the sinking fund for the payment ol
I bonds issued under the authority of the
1 Acts Of Assembly Of the year 996, and
I that two cents out OF each IS cents
collected, is for the sinking fund for Jhl
/ payment of the bonds issued under ths
/ authority of the Act of Assembly. O..
| the year 1910
SECTION s.-And he It established
and ordained by the authority afort
said, that this BYLAW shall take ef-
| feet from date Of its passage
Approved july q, 1915
JAMES f STRANGE. Mayor.
True Copy Test
PHIL. e. PORTER. Clerk.