Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-08-18
TELEPHONE e4s-M. JOB WORK
A. w. PHILLIPS
Contr FACTOR and Builder
STEEL GARAGES, $4,000 UP
E. O. LEAGUE
ROOFING
spsutins. Sheet Metal and Slate wsrA
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STOVES AND FURNACES INsTALi.ks
AND REPAIRED
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PHONE ssl-w
A BYLAW
Imposing the Tax Rate for the Fiscal
Year Ending June so. 1928.

Section /. Be IL established and or
dained by the Mayor, Counselor and Al
dermen OF the City OF Annapolis. that the
tax rate Of one ADMIRED cents. be and the
same is hereby imposed on each one. hum
dred dollars of the assessable property In
the City OF Annapolis for the iiseal. year
ending June 30, 1873. TO be collected spur-
suant TO the lava as contained in the
Charter, and the BY Laws and Ordinances
OF the Mayor, Counselor and Aldermen OF
the City OF Annapolis. .'
Section 2. And be it 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 OF each one hundred cents col
lected be and the came is hereby set apart
for the sinking fund 10 pay the interest
on the bonds of the City OF Annapolis az
required by the Acts OF the General As
seflbly OF Maryland at the sessions OF
1S9S, 1900, 1906, 1910 and 1922.
Section 3. And be ii further established
and ordained by the authority aforesaid,
that. out OF the amount named In the said
frst section OF this Bylaw, the. sum of
one and one third cents out OF each one
hundred cenfs collected be and the same
Is hereby set apart for the sinking fund to
meet the bonds issued in the year 1885
upon maturity. ~ ,s..s i. =,
Section 4. And be II 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 col,
for sinking fund to meet the bonds is
sued in the year 1900, upon maturity. Z
Section g. And be IL further established
and ordained by the authority aforesaid
that cut of the amount named in the frst
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 q sinking fund O.
meet the bonds issued In the year 1906
npOn maturity $50 ~
Section G. And pe 1t further established
and ordained by the authority aforesaid
that out of the amount named I'm 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 10
meet the bonds issued In the year 1910
upon maturity. = -sf- -
Seton 2. 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 sinking fund to meet the pro-
posed bonds 10 be issued In 1922, upon
maturity. -
Section 9. And be 81 further established
and ordained by the authority aforesaid
that IL shall be the duty of the Collector
and Treasurer to collect the SUMS 80 set
apart for the several sinking faBds. and u
Keep separate receipts ard 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 II shall be the duty OF the
said Collector and Treasurer, and he Is
hereby directed TO express on the tax bills
for the said fiscal year seventy eight cents
out of EACH one hundred cents collected II
for the ordinary expenses Of the dry mi
that twelve cents out of each .ope, hundred
cents collected is for a sinking fsihH 10
pay the dnteffstg on. the bonds authorized
by the different Acts OF Assembly. As
nforsaid: aud that one and onc-third et MS
out or each one hundred cents collected is
for the sinking fund for the payment Of
the bonds issued under the anth d79tys OF
the lActsof Assembly Of the yea. 1898. ami
that three cents out Of each one hundred
the payment OF tho bonds Issued unde- inc
authority. Of the Act of Assembly Of che
year 1900; and that one and oneLthird
rents ont of reach one h,fHsirei ceafsrcoI-
iected - for<thc <sfnkfng fund for the .,ay-
ments of bonds 3ssued for the year foOt; :
and fhat~One ald cone third cents out OF
earl. ane .hiifsdres. cents rciiected is for tie
SINKING fund for the payment of bonds
cents out OF eacif sne hundred cents '1 col
lecfed is for the sinking fund FOR the paw
ment OF bonds proposed TO be issued in
Section ?. And. be ii established and or.
daine1 by the authority aforesaid, that
this Law AFll take effect from tic
date OF it's passage.
Approved july Is. 1922z
ssrs = ss''1ese SAMUEL JONES
Attest: nf.vor
EMMA ABBOTT GAGE,
CITY CLERK