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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.