HomeMy WebLinkAboutKIN1917-715 Borrowing of sums by-law1
I
I
By -law No 715
1927 1298 94 a 86
1)978 1807 87 412 lb 8D 48 1)760 '
property of the Municipality
1
• j76o 88 ;
according to the last revised
IM law 46 868 91 1)760 89 '
For Borrowing the Sam of
E
1980 1439 64 So 72 1460 6
1981
Siventien Th o usand Dbllbrs.
1667 88 1920 176o 86•
1982 1661 so 99 06 • 175086
WIIEItEAS it is expedient
3.
coupo e shall b and issu d
.to borrow for the purpose of
bby
the Mayor and shall be signed also by
repairing and rebuilding oads
g
the Treasurer end the debentures shall
and bridges in the Town of
be sealed with the seal of the Car.
portion.
Kincardine the - sum of Seven.
4. During the currency of the deben.
teen 'thousand Dollars and
tune there shall be raised In each year
that is the anlountof the debt
the amount of the Instalment of princi.
pal and interest payable In that year
intended to be created
W set forth In Section two.
AND WH the
6. The debenture may contain any
Provision for the rgistrN f h
amount of the whole rateable
ono tam
required bylaw,
property of the Municipality
1
d. This By -law shall take effect on
according to the last revised
the day of t!,u passing thereof, subject
to Its being assented to by the lecture. i
assessment roll is the sum of
Passed thin -JA day of '
$754,962.00.
"" ci ke . e
appointed for taking the vote a declar.
AND WHEREAS the
NOTICE.
amount of the debenture debt
Take notice that the foregoing is a
of the Corporation is 881,-
true copy of a proposed By -law of the
552.17, no part of the princi-
Corporation of the Town of Kincardine
to be submitted to the vote, of the
pal or interest of which is in
electors on the 7th day of January,
arrears, and the Corporation
A.D. 1918, between the hours of nine
also did
o'clock in the forenoon and five o'clock I
guarantee payment
inthe afternoon at the following pla
of the bonds of the Ontario
At the annual election, at the same
West Shore Railway to the
time and places and by the same '
Deputy Returning Officer and Poll
:amount of 1650.000,00.
Clerks.
131- IT THEREFORE
And that'the 2nd day of January,
{
1918, at eleven o'clock In the forenoon
ENACTED by the Alunici•
at maid Council chamber, has been fixed
Pal .Council Of the Corpora-
for the appointment of persons to at-
Lion of the Town of Kincar-
tend at the polling places, and at the
final summing up of the votes by the
dine :
Clerk.
1. For the u
P rpoe
all mentioned in the
preamble there shall be borrowed on
The Clerk of the said town shall j
attend at his office In the Town Hall on
the credit of the Corporation the sum
Tuesday, 6th day of January, 1818, At
of Seventeen Thousand Dollar and
debentures shall be issued theerfor on
10 o'clock in the forenoon to sum up
the number of votes for and against
the Instalment plan in sums of not leas
the BY -law.
than 8100.00 each which shall have
And that If the assent of the elector
is obtained to the
coupons attached thereto for the pay-
ment of the interest. P Y
said proposed By -law
It will b taken Into consideration by
2. The debentures shall all bear the
lalpmee Council '
to
same date and &halt be issued within
,Nona t g thereof be hold
after the expiration of one month from -
two years after .the date on which this
by -law is passed and may
Y bear a rate
toe data of the fins publication this
Years, within said two yea, said debentures
notice and that such fl publication
was made on the 18th day of December,
shall bear interest at the rate of six
1917
� IL
Take notice further that a tenant
nual
Instalments during the fifteen
� s
1-
s
law m deliver to the Clerk not
later an the tenth day before the day
= r i
payable In each of such and the years amounts
uch yeear shall b
F -
4
t
per cent. per annum, payable annually,
and shall be payable in fifteen
Take notice further that a tenant
nual
Instalments during the fifteen
who desires to vote upon said proposed
yea
next after the date when they shall b
issued,
law m deliver to the Clerk not
later an the tenth day before the day
l
payable In each of such and the years amounts
uch yeear shall b
appointed for taking the vote a declar.
u follows:
ation under the Canada Evidence Act,
1
that he Is a tenant whose Is&" extends
Year Principal Interest ToUI
for the time for which the debt or
1918 IF 789 So S1o20 o0 $175
liability Is to be created, or In which
1919 774 19 976 17 175036
the money to be raised by the proposed 1 i
192D 82061 829 72 1760 88
By -liw Is payable, or for at least
1921 8089 880 47 176036
twenty -one years, and that he has by
•1922 92207 828 28 173o 86
the lease covenanted to pay all Manila
1928 97739 77297 1760 86
IPal taxes U respect of the property j
19U 1088 04 71482 1760 86
of which he IN tenant other than local
1926 1099 20 65216 1760 Be
Improvement rates.
1828 1164 oil 669 27 1730 86
JOHN H. Srwuoar.r„ Clerk.