Evening capital and Maryland gazette., 1915-08-03
BYLAW
Imposing the TaxRate for the Fis-
cal Year Ending June 80, 1916.

NaA hNot LldAbH SAh~ cNf
sEcrroN'i.-Be it established and or
dained by the Mayor, Counselor and
Aldermen of the City Of Annapolis,
that the tax rate of ninety-tive cents be
and the same is hereby, imposed on
each one hundred dollars of assessabie
property in the City Of Annapolis. Tor
the fiscal year ending June SO, 1916, 10
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-
lished 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 half cents out q
each 90 cents collected. be. and the
same is hereby, set apart for sinking
| fund 20 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, 1890,
| 1906 and 1910.
SECTION 3.-And be It further estsb-
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 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 this
| By Law, the sum Of four and one-hali
| cents out of each IS 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 Sand 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-five cents collected, be, and
the same is hereby set apart for q
sinking fund to meet. the bonds Issued
| in the year 1906, upon maturity.
SECTION 6-And be il 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 out Of each 81
cents collected, be, and the same ls
hereby. set apart for a sinking fund @
meet the bonds issued in the year 1910.
upon maturity.
1 SECTION 7.--And be it further estab-
lished and ordained by the authority
| aforesaid, that it shall be the duty oi
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 to the credit Of the
said sinking funds, as required by the
several Acts of Assembly and Crdinan
ces relating to, and providing for said
several bond issues, and TO receive Cr
account thereof, nothing but current
money Of the United States; and II
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 cent.
out of each ninety-fve cents collected, 3.
for ordinary expenses of the City: ans
that twelve and one-half cents out OF
each 90 cents collected is for tbs
sinking fund, to pay the interest on tbs
bonds authorized by the different Act.
of Assembly, as aforesaid; and that two
cents out Of each 90 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 j.
for the sinking fund for the payment o.
bonds issued under the authority Of the
Acts Of Assembly, of the year 1906; ans
that two cents out Of each % cents
collected, is for the sinking fund for ths
payment Of the bonds issued under the
authority Of the Act of Assembly. Oi
the year 1910.
| SECTION S.-And be it established
and ordained by the authority afore
said, that this Bylaw shall take ef
feet from date Of its passage.
| Approved July u, 1915.
JAMES F. STRANGE, Mayor
| True Copy Test
PHIL. +. PORTER. Clerk