ALBERT C. RITCHIE, GOVERNOR. 13

mined, levied, collected and paid over in the following
manner: At least thirty days before the tax levying
period of each year, the County Commissioners shall
certify to the Sewerage Commission the whole val-
uation of their assessable property in the Sewerage Dis-
trict, stating separately the valuation of such property
within the City of Annapolis and the valuation of such
property outside of such City. Said Sewerage Commission
shall then determine the amount necessary to be raised for
the ensuing year for the payment of interest and propor-
tionate part of principal of all outstanding bonds, and the
payment of funds as provided under Section 8 of this Act,
the amount to be paid on the principal of said bonds in any
one year to be determined by the usual table of redemption
of bonds as annual deposit in a sinking fund on interest,
and after deducting all amounts in hand applicable to pay-
ment of interest and principal on said bonds, as hereinafter
provided, it shall determine the proportion and amount
to be raised upon property within the City and the
proportion and amount to be raised upon property
outside of the City and shall so certify to the two
agencies. Each of said agencies in its next annual
levy, shall raise the amount so certified to it by
levying a tax on all land and improvements and any
other property assessed for county or municipal tax
purposes within the said Sewerage District, which tax
shall be levied and collected as county or municipal
taxes now are or may be hereafter by law levied
or collected, and have the same priority rights, bear
the same interest and penalties and in every respect
be treated the same as municipal or county taxes.
The tax so levied for the ensuing year shall be
collected by the respective tax collecting authorities,
and every sixty days they shall remit the whole amount
of the tax bill collected to the said Sewerage Commission.
From the money so received, together with the amount in
hand to the credit of said bond fund, said Sewerage Com-
mission shall first pay all interest on said bonds as it ma-
tures, and shall then deposit in some bank or banks in
Annapolis, to the credit of the Sewerage Commission, as a
fund to be known as the "Sinking Fund Account, " the
amount so raised for payment of the principal of said
bonds. The said "Sinking Fund Account, " shall bear in-
terest at a rate not less than three per cent, per
annum and shall be secured by satisfactory corporate
surety furnished by the bank or banks in which said ac-
count is deposited. Should receipt from said tax or other