Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-08-29
e A BYLAW
Imposing tho Tax Rate for the Fiscal
Is Year Ending Juno 80. 1923.

f----~--
Section 1. Be 1t established and or
daiued by the Mayor, Counselor and Al
dernen Of the City Of Annapolis. that the
tax rate 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 20, 1923, to be collected pur-
suant to the laws as contained In the
Charter. and. the bylaws anu ordinances
of the Mayor, Counselor and Aldermen Of
the City OF Annapolis.
Section z. And be 1t further established
ami ordained by the authority aforesaid
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 fund to Pfy aae atsres
required by the Acts OF the General As
selnbly, OF Maryland at the sessions OF
1898, 1900 1885, 1910 and 1922. 90.
Section g. And be 1t. 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 aud one-third cents out OF each one
hundred cents collected be and the same
10 hereby set apart-fOr the sinking fund to
meet the bonds issued In the year 1885.
upon maturity. Psri
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 In hereby set apart
for sinking fund to meet the bonds Is.
sued In the year 1900, upon maturity:
Section 5. And 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
md one third gents out of each one hun
dred cents collected be and the same Is
hereby set apart for a sinking fund to
meet the bonds issued In the year 1906,
npon maturity.
Section o. And ne 1t 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
In hereby set apart for a sinking fund 10
meet the bonds issued In the year 1910,
Seton Z. 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
three cents out of each. one hundred cents
Collected be and the saIne 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 IL further established
and ordained by the authority aforesaid
that Il shall be the duty of the Collector
and Treasurer ito collect the sums so set
apart for the several sinking funds, and to
seep separate, receipts aud 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 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
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 csnts
out Of each one hundred cents collected IL
fer the sinking fund for the payment OF
the bonds issued under the authority Of
the Act Of Assembly of the year 1898 :san1
that three cents out of each one hundred
cents collected Is for the tinking fund for
the pavment Of tho bonds fssued unde- the
AUTHORITY Of the Act Of lAssembly Of the
year 1900; and that one and one-third
cents out. OF each one hundred cents col
lected n for the sinking fund for the pay
ment. Of bonds issued for the year 1903 !:
and that one and one third cents out of
each one hundred cents collected is for tie
sinking fund for, the payment of bonds
issued for the wear 1910: and that three
cents out Of. each one hundred cents cob
1922. ="
Section 0. And be 1t established and or-
dainea by the Authority aforesaid. that
this ny Law sseir take effect from the
date Of Its passage.
Approved July .. 1922
SAMUEL JONES.
Attest: Mavor
EMMA ABBOTT GAGE.
City Clerk.