Evening capital and Maryland gazette., 1915-08-07
BYLAW
Imposing the TaxRate for the Fis-
cal Year Ending June 30. 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-nve cents be
and the same is hereby, imposed on
each one hundred dollars OF assessahle |
property in the City Of Annapolis. for
the fiscal year ending June 80, 1916, q
be collected pursuant to the laws, as
contained in the Charter, and The By
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 out Of the amount named
in the first section of this Bylaw. the
sum of twelve and 0ne-half cents out Of
each 95 cents collected. be. and the
same is hereby, set apart for a 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 1895, 1900,
1906 and 1910.
SECTION S.-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 sinking fund TO meet the bonds
issued in the year 1898, upon maturity.
SECTION 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
By Law, the sum of four and one half
cents out of each 95 cents collected,
be, and the same is hereby. set apart
for a sinking fund to meet the bonds
issued in the year 1900. upon maturity.
SECTION 5-And be it further e.
tablished and ordained by the auth0rl-
~ 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
sinking fund to meet the bonds issued
in the year 1906, upon maturity.
SECTION 6-And be II further estah-
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 9b
| cents collected, be, and the same b.
hereby. set apart for q sinking fund Co.
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 90
the Collector and Treasurer. 70 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 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 b.
shall be the duty of the said Collector
and Treasurer. and he is hereby direc-
| ted, to express on the tax bills. for the
said fiscal year that seventy-tWO cents
| out Of each Dinety-tive cents collected. is
| for ordinary expenses Of the City; and
| that twelve and one-half cents out ol
each 95 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
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
for the sinking fund for the payment ot
bonds issued under the authority OF the
Acts of Assembly, of the year 1895, and
| that two cents out of each % cents
| collected, is for the sinking fund for the
payment of the bonds issued under tie
authority of the Act of Assembly. of
/ the year 1910
SECTION 8.-And be it established
and ordained by the authority ufore-
said, that this Bylaw shall take co.
feet from date of its passage
Approved July q, 1915
JAMES F. STRANGE, Mayor
True Copy Test
PHIL. E. PORTER, Clerk.