880 LAWS OF MARYLAND. [CH. 754

years, twenty-five (25) years, thirty (30) years to be con-
sidered as units for purposes of arriving at rate of retire-
ment payment and such retirement payments to determine
upon the employee's decease.

(J) When any employee of the Town becomes incapaci-
tated either by accident, disease or disability contracted
in the line of duty, so as to be unable to perform his duties
and has been continuously employed by the Town for a
period of fifteen (15) years or longer, he shall submit to
an examination by a physician approved by the Mayor and
Council and shall make written application to the Mayor
and Council for relief on the basis provided for in sub-
section "I" of this section and be paid retirement pay in
accordance therewith.

(K) Payments under the aforesaid subsection to be made
from a fund to be known as Employees' Retirement Fund
of the Town of Takoma Park and said fund to be comprised
of a monthly deduction, not to exceed 5%, from each em-
ployee's salary and also from an annual levy of $. 02 on
each $100. 00 of the assessed valuation of real estate in the
corporate limits of the Town. The funds provided for by
this section to be collected by the Treasurer of the Town
and he shall, submit a detailed monthly and annual report
of all monies received and disbursed.

(L) Payments by employees to the Employees' Retire-
ment Fund, provided for in Section "K" hereof shall be
refunded to such employee, without interest, when his ser-
vices with the Town are discontinued, providing that he is
not qualified to receive a retirement and disability pay as
provided in Sections "I" and "J"' of this Act.

(M) On or before the last day of June in each year, the
Council shall, by ordinance, levy the general taxes for the
fiscal year next ensuing, which taxes shall not exceed two
dollars ($2. 00) on each one hundred dollars of assessed
valuation. Such taxes shall be due on the first day of July
following and if the taxes due from any person or cor-
poration shall not be paid before the first day of November
following, there shall be added on that day a penalty of one
per centum thereof, and a like penalty of one per centum
on the first day of each succeeding month, until such taxes
and penalties shall be paid; provided, however, that taxes
paid prior to the first day of November of any year shall
be subject to a discount as follows: Taxes paid during
July, two per cent; during August, one and one-half per
cent; during September, one per cent; and during October,
one-half per cent.