Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-08-10
A BYLAW
Imposing the Tax Rate for the Fiscal
Year Ending June so. 1923.

Section l. BE It established and or
| dAined by the Mayor, Counselor anu AL
derinen OF the City OF Annapolis, that the
tax rate of one hundred cents, be and tine
same is hereby imposed on each one hun
dred dollars OF the assessable property In
| the City OF Annapolis Tor the nscal year
ending June 80, 1875. TO be collected pur-
suant TO the laws as contained in the
Charter and the by Laws and Ordinances
| OF the Mayor, Counselor ami Aldermen of
| the City of Annapolis.
Section ,. And be 1T 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 to pay the interest
on the bonds of the City of Annapolis, as
| required by the Acts of the General As
/ scnlbly of Maryland at the sessions Of
| 1898, 1900, 1906. 1910 and 1922.
| Section 3. And be it further established
and ordained by the authority aforesaid,
| that out of the amount named In the said
| irst section of this Bylaw, the sum of
one and 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 1898,
upon maturity.
| Section 4. And be it further established
| and 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 COLI
| lcted be and the same is hereby set apart
| for Il sinking fund to meet the bonds is
sued in the year 1900, upon maturity.
Section 3. Aud be IL further established
and ordained by the authority aforesaid
| that out of the amount named In the first
| section of this Bylaw, the sum of one
| and one third cents out Of each one hun
bred cents collected be and the same is
hereby set apart for a sinking fund TO
| meet the bonds issued in the year 1906.
upon maturity.
| Section 9. And be 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.
and ordained by the authority aforesaid
| that out of the amount named in the said
| first section of this By Law the sum of
| three ceuts out OF each one hundred cents
| collected be and the same is hereby set
apart for sinking fund 10 meet the pro-
posed bonds to be issued In 1922, upon
| maturity.
| and ordained by the authority aforesaid
| that ii shall be the duty OF the Collector
and Treasurer TO collect the sums so set
| apart for the several sinking funds, and 10
| 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
L
| sues. and 10 receive on account thereof
| nothing but current money Of the United
| States. and it 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
i 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
| out OF each one hundred cents collected is
1 for the sinking fund for the payment Of
| the bonds issued under the authority of
/ the Act of Assembly of the year 1898: ami
i that three cents out Of each one hundred
| cents collected is for the linking fund for
/ the. payment OF -the bonds issued cude. tnc
| authority Of the Act Of Assembly of the
| year 1900: and that one and one-tffrd
| rents ont of each one hundred cents col
lected IL for the sinking fund for the pay
ment OF bonds issued for the year 1906
and that one and one-third cents ont of
eacl. one hundred. cents collected is for tie
sinking fund for the nayrnent Of bonds
issued for the year 1910: and that three
cents out of each one hundred cents coll
lecfed Is for the sinking fund FOR the pay
ment OF bonds proposed to be issued In
Section o. And be It established ana or.
dained bv the authority aforesaid. that
this By-Law s.fn take effect from the
date OF its passage.
Approved July rs. 1922
SAMUEL JONES.
Attest: Mayor.
EMMA ABBOTT GAGE.