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HomeMy WebLinkAboutKIN 57 1656 Borrowing By-law "",,,,",,"- .~ t ~' CIORPOiWfIŒ OF 'fS !fOD or KIlICABDnm B'!'JiØ . 110. 16 56 , .A. U-. "0 .._thorhe the borrow1:cg ot UO. 00.00 upon ~tu:res to pay tor build1ng ot an add.iUoD. to the PIlbl1c School 11:\ \he 'f01b1 ot:UaouUÞ. ·'t1l1"~fA _M,u,c.SOhool Bou4 ot "he t01Øl 01.~~1r1e ... mað.e ..ul1aati,on .to the Town liJoune1l to pua .. B,..:r.w tor the i_iag of debenture. for the purpo.e ot buildi an ..dUt10n ot two 1."O<IIØ< to the hbUCI SChool. -~ .urn ....w\u'ft U. Qeune1l at the 'f01rn ~ Ein .~"lÍl.ti.. e&:ree1Jls ~ereto. AD FfR1US U 1. expedient. to borrow tor purpOH at a.tO. ò_utiDB .. ¡UID. not 8Xoeed1ng 130.000.00 upo the creUt of t~ _~oraUon/~ '\0 iaaue debentures thereto 'bear1n& intereat, _ baa pus.d .'.\11e rete ot tiD and '\hre...q,u~ per oenti r ........ ud 1;0 prov1de tor tb.e41.oøut and the e.xpensea and sale ot such debenturea¡ i~' - .m w"II1I.fH'''R i '\ 1s eJt»8dient to make tihe pr «Lp..1. otthe said deb' r.,.,..olo 1n annual 1nataJ.menta during the er1d of 'fen years ..., ..tt~ t,he 4,ate of 1saue ot such debentures ot auGh UIOuntis . J'*.,IIeGU1'eJ07 th&~_ .Uh the interest in respect ot the i.eb1õ. the "}?-T: __¡d. _QUIt" parable tor princ1pal and int eat in each Tear ôal1. bo. 8.4 n-.1J as poas1ble the same; . >.' '.-""""',- AID ØH"'~4'~._ amount ot the rateable pro 181}18o:1.1'\7. aOo&rf.1n& t. the last, reviaed asses lse.40l.UO.OO. A1m 1rR'R}}lUA 1¡he ..oun't ot t,he ex1sting deb e debt ot the ;"o:'-;ì~c;:' ';eK.;";"~;-~¡'-i.a:t."~_-kà ~0W:e4....1Q' apec1a1 n."-a of .....ap.n'. 1.~ aííd 11 part ot ~ prino1J8.1..~ T ot u.e 1[un- ia in_rea" ot ..tÑl ~t 1. 1n urearaJ ØD ."I!:tf.Àf:$ 'Qe~.1*1 JJoIU'd of \he ~ ua ...,ioncl ot '~».b~__BT-: AWJ ,-' -~- 1"~"OØ th., ~~'1l ot the Qorl'orMio»... eQ01ö.,· .-tollOW.;" (i}'.K!.~l".~Ohool1t"'" øt \ha 'fown ; . .......;. ",' ~ ... ..., ;. . ... ,,--.- .'tho:n.....".1>~l¢ ...u.ntOD ot two Noaa t .. '" . ,....... :..;" the '1:o_ot~ -"ß.> #~ >,:.-~tf'-· ØaoµU" 1. ~1a,. the' :E1.t1>ll-.,;,fOhoO¡" <f.;f -«I! .. ,_',_____ ',~__ ï - :..~. r ,,^'" -.'C'- --\t;> ,~ -~-_.._.... .,----w.-', -2- (a.) . lor u.~,.. ato:re~14 ~h. Corpor8oU . ahall borro.. ~1I.p_ ihaore&U ot>.....r.Pora~1~n a sum n01l ex.. 41:oc 'tMI~X '1'H01ftI1m)DOT.;'.&Ra (110.1'0.00) ~8hall laøu."eturea '1i1ierdor& 'b'''' '.fnò, ieas t.hIm I~o.oo t.a:oh. koh ~ben Uft aball b~ .>"'~."'a' ~_'\e~t.ive and ~hree q,uartera . 0811' ~ &JUI._ ~'i.Þà11.Ü17 ull$bÎlhave ooupona &1;taahei heret,o for '\he ·,.,.ator AD lnte"." ..<(3~. .41\" b~~sshau bear the same tl. aban De "'W:ii'q.1. ¡1éne Ume äna. 1Il\1ìin 'oné ant one.;:.halt '1 :8 atter the '.q,on '$1_ thia _...r.aw 1. ¡aa..ã.. maT bear any /... .ani.~n....halt ,.ear.ç4ahall belll8.de paTable . ... .,,!.~1. .__'he peri'- ot ten TSars after 'he de. e of i...."h.01teô,. "-"".".'~", -:. ,.,.' . ,,>' ..:.~",^:;"'..'::. ..-.-. .......":.::: - , . 3_ __,re.piot1......vÂ_ot p:r1noip8ol &III. inte sti payable". :,:" 'J '. '>:' -'. - " . :(....of .au!th ,....ra___J.J.'be the amollÍîlla.. d..s1gU.t. 1n 8o.heã.u1e ~i :; . ;. payable ..\ auqh 81"eo:D.4 tite seal ot t,he ": ,:~ ·.*'h.re1lG.~ft.~e4¡ -3..···, ,,-~., '41~Þ t..benw...·ahall be Pf.Te.'ble u1lQ '''/'':".:.'': ... .... ,.;2s._.ÞIII' 1n la..:tÐ.1,ìnon.,. ot ~ia and. II8.T be me .u ;;:. . -.".: c·'.·.. ..' '. . . --' " , '.A'> '. ·;,l......r pl.... U,~,.~~ ...lIaU b.,an1patef, (5~ Lne.~.q~~.\u..s ehall 'be ..Illeã. ..1 ,""-:., --, .",,,' ..... --:', ,,-.,--.. ,;-,"::,:,."~..'<,-,,-".' ~IØU~a'J..eJd. .igJl.ec,lar 1;he h.ad of th. Coune1 . or b1' soma other ,.. ··"...n .ì)1.:~bai 1:IT _..:I... ''0 sip the same. an 1:I:r th.~e.aurer. ·¡<,'¡"~aa1~,ö.,e.' C!OU»ou 8ha1l ba s1snecl 111' \h. Tnaaur.ran4 his .Jj ':~"~1.eD..t"ì1"thenuponll\l\t.e ..~~ 'litu, ,st_;pd.. I'll olrapUt.~ 8Jlgrav.~þ ,{~)~u.~a. the :r~ø,'tt/J;1Un. ~4·f&iure.; :f.J1ñloi. .. 1na\aJ.¡a~...,.t pr1ao1p&1.ot the said ab\ "'j,.aUreat, 'b.... ~u.. the G'oi'poþt,ion shall lavr and raise the a;pe1t18 .. -: .', '-", ... ~.. t'ft..'tl\. rupoetive :year 1n 1he tou.r1;,h 001 of the said acheð.U¡.. '.'" ~~:'~.'f~·· , aa~... ahall b. levie4 and raised by.. special rate 8Uttieien~ th~ ~þ:ft. o.,.er and a'bo't. all o'\œr :~des. upon ..Ut, e rateable propenT J , 'g':'r,'·'·;¡ x!_"1"4.~~~!·. ", ", '.,> d)..~.att...b~.,ure. 111&7 contain a ela ~!c.'¡~t.'the~.JUrsuan'\, to .ection ~ 01. (II) 'Je141q....nl. ot.~ sdd a..bent OOun.11..... .'\he Treú1tftr -rriln',to..r the) .' .-", ..... .' ._, oiì..;.-å.'oJl. 81teh d.ebút~.a. 8.D7 sum or ~ÌB¡¡.s of -.11101:1.. .. her.Dr a\1,hiorhed to b.. borrowed an tebent...reator such loan. ,"'7""""""" :";_,: .,; ,,::_:'''''' ,:<, " ..' --:" '_+:c ::-f,t, ',':,~~~~!~'"~:' :;ct;::\,;",,-::.:;, .' . >:-::r: (~);·,¡¡~~qørpord~~~lfi~"\h. right. \0 redelil'll .~u.e'4..' )entute. ot'\he l..'t..at mQ..tur~ """1', ....--"-::..:-;::.._- . p"vi4~ tor the J&.\m1e1pal 1.0". Jt ..'\he h...d ot the ... Uores801d bJ "&7 Qnq no1; exê4J.diDC i.D. "'7Jm1ot~'te a.uù ,..J..:;.:........ .....," " 11;a oWn O¡'t1oa.t 1~ _~~ '; . ð,$:'te ,1.... unllU' _. . . ~ ... "'-;,.. jf¡¡Îl!J:: _,,_ \.4 -._c-. " '., _ pla._ are~d , ~i&:':~.*)r_~~~i~;~:' _tur1ty - ·~:',:;,':':~~.r"::-:'._-'- -:_:- - '~,"~~' - _ .' -o·_:{~;/..~~t:j,'~''-:~:iC'- .;: - '_ ~:"':'" -:.- . . :.-...~.u_~,_1tin 11111_ tuaaid d..ben .- "",._-... ,..-... -~" - , -.' '.' . ----.- w be pe.pble.. upœl.~'Q" ~ u.e princIpal am .".. 111-"1 ae~ ~ the 4&\. f4rea.empUon ,~_h"1_ .t ..~ .1Dten!1.otl ,~ nù_ BY . ',~ ~ . - -- '.' ~.. :~o .....". ~& ~,. 1a . I.aU~ 1teWa . ,"Tn""" .1.reu~~/:pØl~4 1n C. Qs.v .:- -'~"~-:'-~-'. . -" . ;-', '. :>~:'"_.~!::---,'-' "..":-'" '-,-" -"'-..-- --. . .~ ,ft ll:"l..!r""~~ "~~..~','e.)e ..4nr\ ~Mt ~4V. )e~ \h84&". tixed to.r red : ~_." - --'" ,,-.' - '- -. 1n~Pt_"·~ _~._' ]b'''¡Î'al_ 'beaent by po. ~ . " ,-;¿- . ~. - . , .- tap J:âOJi~; \11e,4@,' .~:~\ tor auob. Nd~on eaGh per.... in .~, 1;,0 ~. reden4 ia res.." \àe ,,;¿i.e~~~~4. a\ \I".... ..u- at --- - .. . ...1...\ ~ . .' -.:..,;;;,:S-· -- ,- - -' ...:........ ;', -..- 1À,' .-",-... ", - '- ~ - ;'~" ..... £11 T~)I"":_"::' . .::..-.<--. '-' .$". Jee,1~"ff ~ - - . ......... - ........--.... '..~\_- , ,'......~~~J; '~~tt~.,..~V, ~ _ . .~~~-- 1r'\..V1I.... - ,.. ,"'.', .-:~;:;:~,i-:,::~,·,.· . .' ~_,... if ,1Itø :...,..~.11 b"'~P~,.1\"..t " .:,. ." - . -. . :-:--~:,¡ . . -<;~~.J... ............,....it.... tw......... .11-'3_.... :--o.~:_"'..·-c- :. . - ,=- "< - -.,-: , .. .. ~U~......_-. .. -,.. ",1,1"_"'" "bt ...... '...". ;A ., -' '.'¡"",-" '--.'" --. <-= '--~-'" <-<0 <: ~"::;.-, ~ . .', ~ , ' " JIIÎIìD a .n..'$ ..... ae-- '\1_ tU. . .~¡; 1'''' " ~~ - o ' Twelfth ... f1I!t~U. " '1>~ .. ,.';.,Ø~ . IT ...saet. '\h:l. ~,.s"., . tip e.." 4IQ" ot ~ ...~~.. ~~~.. '- ~.'.. ,,/ ~--' .....~ - - ......- ::::- .......-:.' - - ~:: ~::::'--- (......."....,,; - ........ '- c':"': .~-:::: .;~.~ ,.'"~,.,;.-",.,. ~ ~- '-·..·~,v' 'V" .. ..~:,ý~ v~ ,""-;:-'" .>:~~~~-~?::-- 1- . .. - .~;.,.,.,.,--",~ -. '-----. .....-,'- -",--~ -¡.4:' ,. .'" _.- ~£--~;,,-:.. A:~~il]~: ' .~ . ,};l' ..4 :" ,..' - -;':;--F;'.._~ -._-' .~.'>..= , '--'..;g,¡¡¡,¡¡,;.-~,"¡ c>-.:,~~.-:_ ~ _ : "'" '~.".::o " ·'.f~;:. ~---;j;'_'-:~'~~:'~~~"'::>-F~" ,~- ----""-~ --.- ,. . ~.: ~ _._ -1_" ., t·' ~ ,i,-;' ."~-",,,-. ,,' ',-:-- .~/ ,. " --~. .. " o.c,'- ~·''':;'f;'k':·:-·· <..«'U.~.' .-,.- . - . ._~ '-. -"-,. ~ . . '-""'- r ¡; . t, " ,. r [, ,'; , ~. ~;. ..~.":1t'~ .-¿ ", ..... " " ~ i ,~ " I J ...,~ ..}ì ~ .--À i " . ¡ " ! -- ~ .~- , '~~~ .' \