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Session Laws, 1912
Volume 370, Page 243   View pdf image
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PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 243

ings Institution of Annapolis, upon which deposits the said
Annapolis Banking and Trust Company of Annapolis, the said
Farmers National Bank of Annapolis and the Annapolis Sav-
ings Institution of Annapolis shall allow interest thereon at
the rate of not less than three and one-half per centum (3 1/2%)
per annum from the date of such deposits, which interest shall
be added to and form a part of the sinking fund hereby created.

And the said Mayor, Counselor and Aldermen of the City of
Annapolis are hereby required and directed to maintain such a
schedule of charges for water furnished its customers by the
Annapolis Water Company, to be uniform in every particular,
as will make the profits accruing to the said Mayor, Counselor
and Aldermen of the City of Annapolis from its interest in the
Annapolis Water Company sufficient in each and every year, to
create and maintain the sinking fund to redeem and retire said
bonds at maturity and pay the interest thereon when and as
the same may be due and payable.

SEC. 7. And be it enacted, That this act shall take effect
from the date of its passage.

Approved April 4, 1912.

CHAPTER 119.

AN ACT to refund certain sums of money erroneously paid into
the State Treasury under the provisions of Chapter 735 of
the Acts of the General Assembly of Maryland of 1910, on
account of the Oyster Inspection Tax.

WHEREAS, The Court of Appeals of Maryland having declared
unconstitutional in the case of D. E. Foote and Company vs.
William B. Clagett, Comptroller, the tax of two cents per
bushel, as provided in Chapter 735 of the Acts of the Gen-
eral Assembly of Maryland of 1910, one cent of which was
to defray the expenses of inspection and the other one cent
for the purpose of establishing a reshelling fund; and,

WHEREAS, The one cent tax for inspection under Chapter 413
of the Acts of the General Assembly of Maryland of 1910
having been held constitutional and valid by the Court of
Appeals of Maryland in the case of D. E. Foote and Com-
pany et al vs. Charles H. Stanley, Comptroller; therefore,

 

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Session Laws, 1912
Volume 370, Page 243   View pdf image
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