Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-08-28
A BYLAW
Imposing the Tax Rate for the Fisca
Year Ending June 80. 1923.


Section ]. BE 1t established and or
dained by the Mayor, Counselor and Al
dermen of the City of Annapolis, that the
tax Eite of one hundred cents. be and the
same is hereby imposed on each one hun
dred dollars of the assessable property In
the City OF Annapolis for the fiscal year
ending June 80 1928. TO be collected pur-
suant to the klws as contained in the
Charter, and the BY Laws and Ordinances
of the Mayor, Counselor and Aldermen Ul
the City OF Annapolis.
Section = And be IL further established
ami ordained by the authority aforesaid
that out of the amount named In the nrst
section of this BY Law 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, as
required by the Acts OF the General As
scmby of Maryland at the sessions OF
1898, 1900, 1906. 1910 and 1872.
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 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 4. And be 1t further established
and ordained by the authority aforesaid
that out OF the amount named in said first
section OF this by Law, the sum of three
cents out OF each one hundred cents coli
lcted be and the same is hereby set apart
for a sinking fund 70 meet the bonds is
sued in the year 1900. upon maturity
Section ). 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 Il sinking fund 10
meet the bonds issued fn the year 1906
upon maturity
Section o.. And ne II further established
and ordained by the authority aforesaid
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 sinking fund to
upon maturity.
Seton z 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
three cents out of each one hundred cents
collected be and the same il hereby set
apart for q sinking fund to meet the pro-
posed bonds to be issued I'm 1922, upon
maturity.
section g.. And be IL further established
and ordained by the authority aforesaid
that it shall be the duty of the Collector
and Treasurer to collect the sums so set
apart for the several sinking funds. aud To-
keep separate receipts ard accounts there
Of, aud 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. ana 10 receive on account thereof
nothing but current money of. the United
States. and 1t shall be the duty Of the
said Collector and Treasurer and he Is
hereby directed TO exprss on the tax bills
for the said fiscal year seventy eight cents
out of each one hundred cents collected Is
for the ordinary expenses Of the city and
that twelve cents out of each one hundred
cents collected Is for sinking FIND, ~
pay the interest on the bonds autllariyed
by the different Acts of Assembly as
aforesaid: and that one and onc-thir.l CO ,Its
kolIt of each one hundred 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 AMI
that three cents out OF each one hundred
cents collected Is for the sinking fund for
the PAYMENT Of tho bonds issned, uude- the
authority OF the Act Of Assembly of the
year 19O0: and that one and one third
cents out or each one hundred cent. col
lected Is for the sinking fund for the oay-
ment of bonds issued for the year. 1900
ana that one aad One-third cents out Of
eacl, one hundred. cents collected is 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
iecfed is for the sinking fund Cor the pay
1920 AZ
Section .. And be Il established and Or
dained nv the authority aforesaid. that
this Bylaw 81 ell take effect from thp
date of its passage
Approved July IS. 1922.
SAMUEL JONES.
attest: MAYER
EMMA ABBOTT GAGE.
City Clerk