21-369 - Amount of tax levied.

§ 21-369. Amount of tax levied.

In each year commencing with the maturity of the bonds, the tax levied shallbe 110 per centum of the maturing principal and interest on the bonds, inthis manner providing for the payment of maturing principal and interest onthe bonds one year in advance.

(Code 1919, § 1771; 1920, p. 611; 1924, p. 711; 1926, p. 620; 1936, p. 1034.)