Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1917-08-27
A BYLAW
Imposing the Tax Rate for the feel
Year Ending June 30, 1915,

SECTION BE it establishod and No.
dained by the Mayor, Counselgr sr5
Aldermen Of the City Of Anrap5iis'
that the tax rate of ninety five cebtsE,
and the same is hereby, imposed NV
each one hundred dollars Of 9ssessalI,
property in the City of ANNAPOLIS ~.
the fiscal year ending June SO. l9l> -
be collected pursuant TO the laws ~
contained In the Charter, and the Rv
Laws and Ordinances of the Navr-
Counselor and Aldermen of the Cityof
Annapolis.
SECTION 2.-And be it further estab
lished and ordained by the autboritr
aforesaid, that out of the amount naro3
in the first section of this Bylaw. t6e
sum of twelve and one half cents onr -
each 80 cents collected, be, and tbs
same is hereby set apart for q sirkire,
| fund to pay the interest on the b1n3s
of the City of Annapolis. as required In,
! the Acts of the General Assemble ~
| Maryland, at the sessions Of 1898. iea6
1906 and 1910.
SECTION S.-And be il further estsb
/ lished and ordained by the authorize
aforesaid, that out of the amonri
named in the said first section Of tbis
Bylaw. the sum of two cents
out of each ninety-five cents collected
be, and the same is hereby, set araTt
I for a sinking fund to meet the BONDS
issued in the year 1898, upon matgrftv
SECTION 4. And be it further ,staR.
lished and ordained by the authorize
aforesaid, that out Of the amount
named in the said first section of tbis
By. Law, the sum Of four and one half
cents out of each IS cents collected
| be. and the same is hereby. Set aoa~i
| for q sinking fund TO meet the bonds
issued in the year 1900. upon maturity.
SECTION Sand be it further 81.
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 a
sinking fund to 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 out Of each g5
cents collected. be, and the same is
hereby, set apart for a sinking fund TO
meet the bonds issued in the year 1910.
upon maturity
SECTION Z. And be it further estab-
! lished and ordained hy the authority
aforesaid, that il shall be the duty Of
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 70
! 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 60 receive on
account thereof, nothing but current
money of the United states. and il
shall be the duty of the said Collector
and Treasurer. and he is hereby direc-
ted, to express on the tax bills. foI the
said fiscal year that seventy-two cents
out of each ninety-fve cents collected, is
for ordinary expenses of the City; and
that twelve and one-half cents out Of
each 50 cents collected is for a
sinking fund to pay the interest on the
bonds authorized by the different
I Acts Of Assembly as aforesaid
! and that two cents out Of each ninety
five cents collected is for the sinking fund
| Tor the payment OF the DOnQS issued under
the authority of the Act Of Assembly OF
the year 1898; and that four and one
half cents out of each ninety-five cent.
collected is for the sinking fund fol
the payment of the bonds issued under
the authority Of the Acts Of As
sembly of the year 1906; and that two
cents out of each 05 cents collected
is for the payment of the bonds issue
under the authority OF the Act of As
sembly, of the year 1910.
SECTION Sand be il established
and ordained by the authority afore
said, that this Bylaw shall take ef
feet from date of its passage
Approved July q, 1917.
JAMES F. STRANGE, Mayor
True Copy Test
PHIL. E. PORTER, Clerk