Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-08-08
A BYLAW
Imposing the Tax Rate for the Fisca
Year Ending June 80. 1928.

1ear End1nK june oUs ib~o.
Section 1, BE IL 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 aud the
same Is hereby imposed on each one hun
tired dollars of the assessable property IN
the City vi Annapolis for the nscal year
ending June 80, 1873, to be collected pur7
suant to the laws aS contained IN the
Charter, and the bylaws and Ordinances
OF the Mayor. Counselor anu Aldermen OF
the city of Annapolis.
Section . And be Ii further established
AMI ordained by the authority aforesaid
that out Of The amount named IN me mrs.
cents out OF each one hundred cents col
lected be ana 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
sclnbly of Maryland at the sessions of
1898, 1900, 1905 1910 and 192..
Section q. And be 1t further established
and ordained by the authority aforesaid,
that out OF the amount named In the said
first section bf this BY Law, the sum OF
one and one-third cents out of each one
is hereby set apart for the sinking fund to
meet the bonds issued III the year 1888.
upon maturity. '
Section 4. And be IL further established
and ordained by the authority aforesaid
that out OF the amount named In said hrst
section OF this By Law, the sum OF three
cents out of each one hundred cents cole
lcted be and the same Is hereby set apart
for a sinking. fund to- meet. the bonds Is
sued I'm the year 1900, upon maturity.
Section 8. And be Ii further established
and ordained by the authority aforesaid
that out 0f the amount named In the irst
section of this Bylaw, the sum OF one
and one-third cents out of each one hum
bred cents collected be and the same Is
hereby set apart for sinking fund to
meet the bonds issued In the year 1906,
N
Section q. 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 one and one-tIIird cents out of each one
hundred cents collected be ana the same
In hereby set apart for q sinking fund to
meet the bonds issued In the year 1910,
upon maturity.
Seton 4 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 is hereby set
apart for a sinking fund to meet the pro
posed bonds to be issued In 1922, npon
maturity. A's-,l
Section g. And be Il further established
and ordained by the authority aforesaid
that 1t 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 several bond is
sues and to 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 a sinking fund to
pay the Interest on the bonds authorized
by the different Acts OF Assembly. as
Aforesaid: md that one and one-thtrd GO nts
out of each one hundred cents. collected il
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 three cents out OF each one hundred
cents collected Is for the linking fund for
the payment Of tho bonds issued undo- the
authority of the Act of Assembly of the
year 1900: and that one and one-third
cents out Of chch me in,n.irri cent. col.
lected is for the sinking fund for the pay
ment of bonds issued for the wear 1906 ::
and that one and one third cents out of
eari. 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
lctfed is for fiIe sinking fund for the paw.
1922
Section Q. And be It established and or
dainett nv the authority aforesaid. that
this bylaw sell take effect from the
date of its passage. 100
Approved July rs. 1922 =
SAMUEL JONES. ]
Attest Msvcr
EMMA ABBOTT GAGE.
City Clerk.