Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-08-26
A BYLAW
Imposing the Tax Rate for the Fiscal
Year Ending June 80. 1923.


Section !. Besiit established and or
dained by the Mayor, Counselor and AL
dermen OF the city OF Annapolis, that the
tax rate of one hundred cents. be and the
same is hereby imposed on each one hun
dred dollars of the assessable property Ia
the City of Annapolis for the fiscal year
ending June 80. 1923. to be COLLECTED pur'
snant to the laws as contained IN tie
Charter, ana the BY Laws and Ordinances
| of the Mayor, Counselor and Aldermen OF
the city OF Annapolis.
Section 2 And be il further established
AMI ordained by the authority aforesaid
that out of the amount named in the first
section of this bylaw the sum of twelve
cents out vi each one hundred cents col
| Iected be and the came is hereby set apart
for the sinking fund to pay the Interest
OH the bonds of the City of Annapolis, as
required by the Acts of the General As
sembly Of Maryland at the sessions OF
1885, 1900. 1906. 1910 and 1922.
Section 2. And be il further established
and ordained by the authority aforesaid.
that out of the amount named Ia the said
first section of this BY Law, the sum of
one and one third cents, out of each one
hundred cents collected be and the same
is hereby set apart for the sinking fund To
meet the bonds issued in the year 1895.
upon maturity.
Section T. And be IL further established
and ordained by the authority aforesaid
that out of the amount named in said first
section III, this ',By law, the sum Of three
cents out OF each one hundred cents COLI
lcted be and the same IL hereby set apart
for a sinking. fund, to meet the bonds is
sued In the year 1900, upon maturity.
Section D. And be it further established
and ordained by the authority aforesaid
that out of the amount named in the first
section OF, this BY Law, the sum of one
and one-third cents out of each one hun
dred cents collected be and the same Is
hereby set apart for sinking fund Ia
meet the bonds issued in the year 1906.
upon maturity.
Section g. And be II 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 enc and one-third cents out of each one
hundred 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.
Seton Z. And be It further established
and ordained by the authority aforesaid
that out of the amount named In the said
three cents out of each one hundred cents
collected be and the same Is hereby set
apart for a sinking fund 10 meet the nro-
posed bonds TO be issued In 1922, upon
maturity. y
Section g And be II 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 10
Keep separate receipts aud accounts there
OF. and to deposit the same to the credit
of the said sinking funds, required by
the several Acts and Ordinances relating
to and providing for said several bond is
sues. and TO receive on account thereof
nothing but current money Of tina United
States. and il shall be the duty OF the
said Collector and Treasurer, and he Is
hereby directed TO exprss on the tAxtbfIIs
for the said fiscal year seventy eight cents
out of each one hundred cents collected is
for tie ordinary expenses of the city aa1ll
that twelve cents out OF each one hundred
cents collectedesi IL for A. sinking fund Ia
pay the interest on the bonds authorized.
by the different Acts of Assembly az
Aforesaid; and that orie and one third &c nfs
out of each one hundred cents, collected az
for the sinking fund iftif The psyrnent f Of
the bonds issued under the authority Of
the Act OF Assembly of the year 1895 AMI
that three cents out Of each one hnndred
cents collected Is for the linking. fund for.
tie payment OF tho bonds issued ,utties tnci
authority Of the Act OF Assembly II the
year 1900: and that one and one-tbird
cents out OF each one hlusireI cent. coli
lected is for the sinking fund for the .,ay-
inent OF bonds issued for the year 19Of;
ana that one and One-third cents out Of
eaeI. one hundrst. cents collected is for re
sinking fund for The payment Of bonds
issued Tor the year 1910: and that three
cents out of each one hundred cents coli
lecfed y for the sinking fund Cor the pay
m men, or bonds proposed TO be issued in
Section 9 And be it established and or
dnined bv the authority aforesaid that
this By Law sell take effect from the
date of its passage.
Approved July IS, 1922.
liza fo-'tf 'a3s- .9AANTFT. JoNIsq
Attest: MAYER
EMMA ABBOTT GAGE.
City Clerk.