Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-08-24
A BYLAW
Imposing the Tax Rate for the Fiscal
Year Ending June 30. 1923.

Section /. BE it 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
bred dollars of the assessable property In
the City of Annapolis for the fiscal year
ending June 80, 1923. to be collected pur-
suant 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 3, And be II further established
anil ordained by the authority aforesaid
chat out Of the amount named In the first
section of this Bylaw the sum OF twelve
cents out of each one hundred cents col
lected be and the came is hereby set apart
for the sinking fund to pay the interest
on the bonds OF the City OF Annapolis, az
required by the Acts OF the General As
scmbly OF Maryland at the sessions OF
1898, 1900, 1906, 1910 and 1922. ,.t
Section 3. And be 1t further established
and ordained by the authority aforesaid
chat out OF the amount named In the said
irst section OF this Bylaw, 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 tC
meet the bonds issued In the year 1895
upon maturity.
Section 4. And be it further established
aud ordained by the authority aforesaid
that out of the amount named In said first
section OF this Bylaw, the sum of three
cents out of each one hundred cents col,
for a sinking fund to meet the bonds is
sued in the year 1900 upon maturity.
Section D. And be IL 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 to
meet the bonds issued In the year 1906
npon maturity.
Section 9. And pc 1t 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 one 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 :. And be II further established
and ordained by the authority aforesaid
that out of the amount named in the said
first section Of this Law the sum OF
three cents out of each one hundred cents
collected be and the same is hereby set
apart for a sinking fund to meet the pro-
posed bonds to be issued In 1922, upon
maturity.
Section g. And be it further established
and ordained by the authority aforesaid
and Treasurer to collect the sums SO set
apart for the. several sinking funds. and IL
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 several bond Is,
sues. and to receive on account thereof
nothing but current money of the United
States. and tt shall be the duty of the
said Collector and Treasurer. and he lie
hereby directed TO exprss on the tax bills
tor the said fiscal year seventy eight cents
out of each one hundred cents collected lie
for the ordinary expenses Of the city, and
that twelve cents out of each one hundred
cents collected is for a sinking fund TO
pay the interest on the bonds authorized
by the different Acts OF Assembly, as
Aforesaid; and that one and onc-third &C nts
out of each one hundred cents collected is
for the sinking fund for the payment of
the bonds issued under the authority of
that three cents out Of eac6 one hundred
cents collected Is for the linking fund for
the payment of the bonds issued unde. the
authority of the Act Of Assembly of the
year 1900; and that one and one third
cents out of each one hundred cent. col
lected y for the sinking fund for the pay
ment OF bonds issued for the year 1905 !:
and that one aud one-third cents out Of
eacL one hundres. cents collected A. for tie
sinking fund for the payment. Of bonds
issued for the year 1910: and that three
cents out Of each one hundred cents col
lected fs for the sinking fluid FOR the pay
ment OF bonds proposed to be issued in
Section .. And be It established and or.
dained nv the authority aforesaid. that
IBIS IBIS Ey.kaw sssll take effect from the
Approved July rs. 1922.
SAMUEL JONES.
Attest: Mayor.
EMMA ABBOTT GAGE.
City Clerk