Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-01
A BYLAW
Imposing the Tax Rate for the Fiscal
Year Ending June so. 1923.

Section 1. BE ii established and or
aained by the Mayor. Counselor aud Al
derrnen OF the City of Annapolis, that the
tax rate of one hundred cents. be anu Tue
same is hereby imposed ON each one nun
bred dollars Of the assessable property IN
the City of Annapolis for the hscai year
ending June 10, 1875, to be collected phr-
suant 10 the laws as contained an tue
Charter. ana the BY Laws anu ordinances
of the Mayor. Counselor and Aldermen oi
the City of Annapolis.
Section And be il further established
AMI ordained by the authority aforesaid
that out of The amount named IN tue nrst
section of this Bylaw the sum OF twelve
cents out of each one hundred cents col
lected be and the came Is hereby SCI apart
for the sinking fund 70 pay the interest
on the bonds of the City OF Annapolis as
required by the Acts OF the General As
semhly of MARYLAND at the sessions oil
1895 1900. 1906. 1910 and l922.
Section 3 And be il further established
and ordained by the authority aforesaid,
that out of the amount rmmed IN the sald
first section Of this BY Law, the sum of
one and one-thlrd cents out of each one
hundred cents collected be ana rthe same
in hereby set apart for the sinking fund 10
meet the bonds issued IN the Year 1875
Section I. And be IL further established
and ordained by the authority aforesaid
that out of the amount named III said hfst
section OF this Bylaw, the sum OF three
cents out of each one hundred cents coli
lcted be aud the same is hereby set apart
for sinking fund Ia meet the bonds is
sued in the year 1900, upon maturity
Section 3. And he IL further established
and ordained by the authority aforesaid
that out OF the amount named in the iirst
section Of this BY Law. the sum OF one
and une-third cents out OF each one hum
bred cents collected be aud the same is
hereby set apart Tor a sinking fund u
meet the bonds issued In the year l9uO
upon maturity,
and ordained by the authority aforesaid
that out Of the amount named In ths
said first section Of this by Law the sum
Of one and one third cents out OF each on,
hundred cents collected be ana the sam,
is hereby set apart for a sinking fund I,
meet the bonds issued In the year 1910
upon maturity.
and ordained by the authority aforesaid
that out Of the amount named in the sale
first section OF this BY Law the sum oi
three cents out Of each one hundred cents
collected be and the same is hereby sci
apart for sinking fund To meet the pro
posed bonds TO be ISSUED In 1922, upon
maturity.
and ordained by the authority aforesaid
| that IL shall be the duty of the Collector
and Treasurer to collect the sums SO Sc
apart for the several sinking funds. aud {,
/ keep separate receipts aLd accounts there
| of. and 10 deposit the same 10 the ered
Of the said sinking funds, ms required b!
| the several Acts ana Ordinances relating
| 10 ana providing for said several bond is
/ sues, and To receive on account thereo
nothing but current money of the mite,
| States. aud IL shall be the duty of th'
/ said Collector and Treasurer. and he Ii
hereby directed 10 eXprSs on the tax bill
| for the said fiscal year seventy eight cent
| out of each one hundred cents collected i
for the ordinary expenses of the city. an,
/ that twelve cents out of each one hundret
| cents collected is for sinking fund [,
! pay the interest ON the bonds authorize,
! by the different Acts of Assembly. a
Aforesaid: and that one and one third ont
! out of each one hundred cents collected /
! for the sinking fund for the payment o
/ the bonds Issued under the authority o
/ the Act Of Assembly of the yeIr 1898. an
/ that three cents ont of each one hnndre,
! cents collected is for the sinking fund 70
| the payment Of tho bonds issued uuda- TN
authority of the Act of Assembly Of to
| cents out of each one hundred cents col
iected is for the sinking fund for the pay
mcnt of bonds issued for the year 1906
! and that one and one third cents out o
| eacl one hundred cents collected IL for g..
| sinking fund for the payment of bond
| issued for the wear 1910: and that tire
cents out of each one hundred cents col
| lcctcd Is for The sinking fund eOr the pay
ment Of bonds proposed to be issued Il
4 1922.
Section .. And be II established and or
| dnined nv the authority aforesaid. tina
! this BY Law S, al take effect from Ii
date of its passage.
Approved July IS 1922
SAMUEL JONES.
Attest: Mayor.
EMMA ABBOTT GAGE,
City Clerk.