Evening capital and Maryland gazette., 1915-08-04
BY-LAW
Imposing the Ia xRate for the Fis-
cal Year Ending June 80. 1916.

Cal year EHuiES SuiS oV- AStOs
SECTION BE It established and or
dained By the Mayor, Counselor and
Aldermen Of the City Of Annapolis,
that the tax rate of ninety-fve cents De .
and the same is hereby, imposed ou
each one hundred dollars Of assess21ie
property IN the City Of Annapolis, Ter
the fiscal year ending June 50. 1910, %
be collected pursuant 10 the laws, g.
contained IN the Charter, and TIE hS
Laws and Ordinances Of the Mayor,
Counselor and Aldermen Of the CITY OF
Annapolis
SEcTIoS 2.-And be it further estab-
ished and ordained by the authority
aforesaid. that out of the amount named
in the first section of this Bylaw, the
sum Of twelve and one-hah cents out 81
each 95 cents collected. be, and the
same is hereby, set apart for a sinking
fund TO pay the interest on the bones
Of the City Of Annapolis. as required by
the Acts of the General Assembly 81
Maryland. at the sessions OF lS9c, lsyN,
| 1906 and 1910.
SEcTIoN 3.-And be it further estab-
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 20 meet the bouts
| issued in the year 1898, upon maturity
SECTION 4. And be il further estab-
/ lished and ordained by the authority
| aforesaid, that out Of the amount
| named in the said first section Of thls
/ By Law, the sum of four and one half
| cents out of each 95 cents collectec,
| be. and the same is hereby, set apart
| for a sinking fund TO meet the bonds
issued in the year 1900, upon maturity
| SECTION s. And be it further -
| tablished and ordained by the authou-
| ty aforesaid, that out Of the amount
| named in the said first section Of tins
! Bylaw. the sum Of two cents out o.
each ninety-tive cents collected, be, and
the same is hereby set apart Tor Ga
sinking fund to meet the bonds issued
IN the year 1905, upon maturity.
| SECTION 6-And be it further esta0-
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 out Of each 70
cents collected, be, and the same b.
hereby. set apart for a sinking fund %
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, to collect
the sums so set apart for the several
sinking funds, and 10 keep separate
receipts and accounts thereof, and 90
deposit the same to the credit Of the
said sinking funds, as required by The
several Acts Of Assembly and 0rdinan-
ces relating to, and providing for said
| several bond issues, and TO receive on
account thereof, nothing but current
| money of the United states; and u
| shall be the duty Of the said Collector
| and Treasurer. and he is hereby dlrec
| ted, to express on the tax bills, for the
said fiscal year that seventy-two cent.
out of each ninety-tive cents collected, d
for ordinary expenses of the City; ans
that twelve and one-half cents out oi
each 80 cents collected is for thC
sinking fund, to pay the interest on The
bonds authorized by the different Act.
of Assembly, as aforesaid; and that tive
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 ninety-five cents collected is
l for the sinking fund for the payment Of
bonds issued under the authority OF the
Acts of Assembly, of the year 1896; anc
that two cents out of each 95 cents
collected, is for the sinking fund for tn,
payment of the bonds issued under Ia,
authority of the Act Of Assembly, o
the year 1910
SECTION Sand be it established
and ordained by the authority afore
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