JOHN WALTER SMITH, ESQ., GOVERNOR.

according to law among the several counties and City of Bal-
timore; and a tax of two cents on each one hundred dollars
to defray the costs of supplying books for the use of the
children in the public schools of this State; and a tax of three-
fourths of one cent on each one hundred dollars to meet the
interest and create a sinking fund for the redemption of the
Penitentiary loan; a tax of three-sixteenths of one cent on
each one hundred dollars to meet the interest and create a
sinking fund for the redemption of the Insane Asylum loan;
a tax of fifteen-sixteenths of one cent on each one hundred
dollars to meet the interest and create a sinking fund for a
new loan now about to be issued for the erection of a new State
building, and for the improvement to Sundry State institutions,
to be known as the "State Building and Improvement Loan,"
and a tax of three and three-eighths cents on each one hundred
dollars to meet the interest and create a sinking fund for the
redemption of the State debt now outstanding, making an
aggregate of seventeen cents and three-fourths of a cent on
each one hundred dollars; and the County Commissioners of
the several counties of this State, and the Mayor and City '
Council of Baltimore City, are directed to levy the State taxes
for the year nineteen hundred and one, to be collected accord-
ing to law, and to be apportioned as follows:

799

A tax of ten and one-half cents on each one hundred dollars
to aid in support of the public schools, to be distributed ac-
cording to law among the several counties and City of Balti-
more; a tax of two cents on each one hundred dollars to defray
the cost of supplying books for the use of the children in the
public schools of this State; a tax of three-fourths of one cent
on each one hundred dollars to meet the interest and create a
sinking fund for the redemption of the Penitentiary loan; a
tax of one-eighth of one cent on each one hundred dollars to
meet the interest and create a sinking fund for the redemption
of the Insane Asylum loan; a tax of three -fourths of one cent
on each one hundred dollars to meet the interest and create a
sinking fund for the redemption of the "State Building and
Improvement Loan;" and a tax of two and seven-eighths
cents on each one hundred dollars to meet the interest and
create a sinking fund for the redemption of the State debt now
outstanding, making an aggregate of seventeen cents on each
one hundred dollars; and the Comptroller of the Treasury
shall levy the same State taxes on the shares of capital stock
of all banks, State and national, and other incorporated insti-
tutions and companies of this State, the shares of whose capital
stock are liable by law to assessment and taxation.

Apportion-
ment of tax
rate for 1901.