HomeMy WebLinkAboutKIN 49 1488 Borrowing By-law
,
,
CORPORATION OF THE TOWN OF KIHCARDIRE
BI..LA.W NO. ll¡.88
A, BY..:r.A.\T to provide for taking the votes ot the
electors on a proposed moneY' by..law to provide tor raising the
8UI1 at .Z.50.000.00 tor the purp08e at building a Public. Sohoal
in the ~øwn 01' Kinoari.ina.
WHlRlA.B a propo8ed by-law at the rporation 01'
the !:own ot Kincardine ent11õ1ed - A By-Law. tor raising the sura
.
~
at $it50.000.00 tor the purp08e ot building a blie Sc.b.oo:L- requires
~
tor its validity the assent of the electors. a d it is expedient
and necessary- to pa.s this by-law tor the purp se of enabling tbe
elector. to vote on the proposed by-law.
BE IT THEREFORE JlNAOl'Jm by the Jlun cipal Ommoil ot
the o.orporatian at tbe 'oa. af Kinaardine. as ollowsJ
.
I. '.I1he vote of the electors of the Go oration 01' the ':101m
of Kinoard1ne shall be taken on the said propo ed b;y-law at the
.ame time and at the same places as tbe vote l' r Mlmieipal elections
namely. on the ':I:wel1'tb day at December. A..D. I 4~. between the hOllrs
01' Nine o'clock in the forenoon and Six o'clo in the afternoon at
the tollowing places and by the following Depu Returning 01'ticers.
namel;y;
ed by:lira. Ji. Harrison
Po1ling SubdiVision No. I - In tbe building 00. pied by ~eslie
Buck1ng1'1Øt. Queen street East (South Side)
DeputT Returning 01't1cer; Leslie Buckingham.
PolliDg iub41viaion Ho. 2. In 1ihe Councd.l She. ber. 'fown HaU.
Deputy Returning Otficer; H. K. Riggin.
Polling Ilub4i visio. No. J In the building 0 ed by Canadian Gas. cO.
J. H. kans. Mailager.tueen. street East.
Deputy B.eturn1Dg e1't1oer; Arthur' Rowe.
Polling Inh41visiaa "0. 4 In the building
.echanica A,venuè (Wa.t 01' ~ueen Street)
Deputy RetuT'Ring Offloe:r; Elgin Fraser.
Polling iubdiviaion No., In tJ¡e Ue.nadlan Le ion Hall. Queen :itreet
West.
leput;y Returning omou'; Percy Pearce.
Polling lubUTi8ion !fo.' In the building 0 ed by Earl Wrightson
Q.ueen street '..t (8oU'th ~ld.)
Deput;y ieturaiq ottioer; Hã.rold Hyde.
<","''''
%.
On the Ten1õ1il.
day 01' :¡'¡ecember A..D. ¡~4~. at the
.. bour 01' ne,.en
a' olock: in tbe Fore noon tbe head 01' the Counc.1l
or said Uorporation or some member at the
purpose by resolution shall attend at the
1 appointed tor ~~.
1 Ohamber in "he 'loa "'
. ~
Hall in the said Jlunieipali t;y t tor the purpose ot appoinUnc an4. it
1
~
- -2 -
requested 80 t.o do. sha.lJ. appoin". b;y wn Ung igned by him, two
persona \0 attend at the rinaJ. lIUDI1IIing up 01' 8 votes b;y the Clerk, II
and one person to attend at eaob polling place on behalt of the
persona interested 1n and opposing the propose b;y-la..
,. On the 'thirteenth day ot December. A.D. 1949. at the
hour of :lJ.even 0' cloak in 'the torenoon at. the uncil Chamber in
the 'fown Hall in the said Kuni01pal1 t.;y, the 0.1 rk ot' the said
JlUnie1pal1 t.;y shall attend and 8UJD. up the votes given tor and against
the said proposed bT-law.
SIGNED, SJUT,n and FINA.IaLY PA.aSED 8 15th. day 01'
Wovember, A.D. 194'.
(
--...,.-
·
Tom OF KINCARDINE
BmOPSIS OY 'PR01kR'n 'RT_T...6..
Å BI-LA.W w authorhe the borrowing of th sum ot
'fWO HlJR])BIJ) and. FD"fi 'fHOUSA.ND DOT.T.4RS (I .50.000.00)
tor the purpose 01' bulldine; a PubliC Scho 1 iJ1 the
!own 01' Kincardine.
!he said aum 01' tZ.50.000.00 all be
raised b;y 'Ute sale 01' debentures bearing nterest at.
three and ons-halt per cent. per e.nnum pay ble in annual
instalments during a period ot twenty IS aner the
date of iasue of the debentures.
'Ihe inataJ;ment required to braised t.o
paT the principal and intere.t on aid de
II' .".... axørt18.l:Ly 1'or II. period at twen yeara.
DAUID at nncardine. OBtari . tb.1a I.51ih.
day of Noveaber. I~47.
nr;ø:mr
.'.
N~IQK
'fAI!Jl; NO'fIaI: that the above is II. at II. proposed
By-Law of the Qorpo1'8.t1an 01' the ~01IfD. at K1noard ne tob. submitt.ed
to the Totes 01' the eleotors at the same at the same place.
as the e.nn118.l election tor the Municipal the Deputy lW-
turning Otticera appointed to hold the said ele ion shall take the
vote.
,.
-I _r
And that .the Tentb . 194~. at Eleven·
ot clock in the Fore noon at said ~01lD
has been tiXed tor the appointment 01' persons t. t.he polling
plu1Is and at the tinal lBUIII\Iling up at the votes y the Cleric.
And it the a..ant ot the electors is ob ained to the said
propo.ad by-law 1 t Will be talten into considera ion by the Qouncil ot
the said Corporation at a meeting thereat to b held atter the ex..
plration of one month trom the date at the tirs publication at this
notioe and that such firet publication was made on the 17th day 01'
November. A.D. I949.
T.AØ NOTICE I'URl'HER that a tenant who d sires to Tote upon
such proposed b;y-law JllUst deliver to tha OJ.erk at later than the
'hnth day betore the da.;y appointed tor taking t e vote. a deelaration
under 'the Canada J!.'videnoe Aot that he is a te t whose lease extends
tor the time tor whiOb. the debt or liability is to be created or in
which the II\Oney i8 to be raised by the proposed by-law is payable or
for at lea8t twenty-one years. and that he has. y the lease covenanted
to pa;y allllUnicipal taxes in respect at the pr perty ot which he is a
tenant. other than lOC8.l improvement rat.es.