Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1918-08-24
A BYLAW
Imposing the Tax Rate for the Fiscal
Year Ending June 30th, 1919.

Section l. Re IL established and ordained
by the Mayor, Counselor and Aldermen OF
tie City of Annapolis. that the tax rate Of
ninety I'VE cents. be and the same is here
nv tfnposed on each one hundred dollars Of
the aSsesSable property in the City OF An
napolls for the fiscal year ending June
S(lfh 1919 to be collected pursuant 10 the
laws as contained in the Charter. and the
BYLAWS and Ordinances OF the Mayor,
Counselor and Aldermen ofthe City OF An
Section . And be it further established
and ordained b ythe authority aforesaid,
that out of the amount named in the nrst
section ofthis Bylaw the sum Of twelve
and one-half cents out of each ninety-h five
cents collected be aud the same is hereby
set apart for the sinking fund to pay the
interest on the bonds Of the City or Annap-
oils as required by the Acts Of the General
Assembly of Maryland, at the sessions OF
1885 1900. 1906 and 1910.
Section 3. And be il further established
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 1888. upon maturity.
Section 1. And be il further established
and ordained by the authority aforesaid,
that out Of the amount named in said first
section of this Bylaw, the sum or four
an one-haH cents out of each ninety-n
cents collected be and the same is hereby
set apart for a sinking fund to meet the
bonds issued in the year 1900, upon ma
section. 5. And be it further established
and ordained by the authority aforesaid.
that out of the amount named In the first
section ofthis 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 IL further established
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-f cents collect
ed be and the same is hereby set apart for
sinking fund 10 meet the bonds issued
in the year 1910 upon maturity.
Section Z. And be 10 further established
and ordained by the authority aforesaid,
that il shall be the duty Of the Collector
and Treasurer TO collect the sums so set
apart for the several sinking funds, and TO
keep separate receipts and accounts there
of. and TO deposit the same to the credit
of the said sinking funds, as required by
the several Acts and Ordinances relating to
and providing for said severai bond issues,
and to receive on account thereof nothing
but current money of the United States
and IL shall be the duty of the said Col
lector and Treasurer, and he is hereby di-
rected to express on the tax bills Tor the
said fiscal year seyenty-two cents out OF
each ninety-five cents collected is the ordi-
nary expenses of the City, and that twelve
and one-half cents out of each ninety ,hve
cents collected is for n sinking fund TO
pay the interest on the bonds authorized
by the different Acts of Assembly. as afore-
said: and that two cetns out of each nine
ty-ive cents collected is for the sinking
fund for the payment of the bonds issued
under the authority of the Act of Assembly
of the year 1898; and that four and one
half cents out of each ninety cents col
lected is for the sinking fund for the pay
ment of the bonds issued under the authori-
ty Of the Act of Assembly of the year 1906
and that two cents out of each ninety five
cents collected is for the payment of the
bonds issued under authority of the Act of
Assembly fthe year 1910.
Section s. And be il established and or
dained by the authority aforesaid that
this Bylaw shall take effect from date of
its passage.
Approved July 81, 1918.
JAMES f. STRANGE,
Mayor.
Attest:
ROY V. TYDINGS.
City Clerk.