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HomeMy WebLinkAboutKIN1921-804 Granting A Bonus By Way Of Partial Exemption From Taxes To Andrew Malcolm Furniture Company56 Ili ii ' I i � 1 K V I 1 `F I E ' r1 �j � r 1 f L t $Y -LAW No .'.804. For granting a bonus by way of par. tial exemption from taxes to The Andrew Malcolm Furniture Core. Puy, Limited. WIIEREAS the Corporation of the ' Town.of Kincardine did by its by-law No. 441, passed the 13th day of Jan- uary, A. ll. 1002, grant to Andrew i Malcolm and his successors and as= signs, exemption from all sums of Municipal Taxes over the amount of $876.00 or of the yearlyy rate for school taxes, whichever sliould bo the Jarg er, in connection with the lands and premises used by him In carrying on his business as a furniture munu- facturer, namely„ Lots 13, 16 and 17, Lambton street north, unit let 13 an the south side of Durham street, Lill In said Town of Kincardine, and the buildings thereon, and the stock, plant and machinery used In carrying AND WHEREAS said term has expired, AND WHEREAS it is expedient In the interests of the Municipality to grant the bonus hereinafter mentioned for the promotion of manufactures in the Municipality; AND WHEREAS in his application for said on Innl bonus said Andrew Malcolm made certain representations and agreements to be performed by him in consideration of said bonus, and the said company, his successors, now agree to carry out amt fulfill the game; AND WHEREAS the said factory JS , now operated by the Andrew Mul- olm Furniture Company, Limited; BE IT THEREFORE ENACTED by the Municipal Council of the Cor- poration.of the Town of Mneardine: 1. For the purposes mentioned is the preamble the following property, that it to say, Lots 13, 16 and 17, Lambton street north and Lot 13 on the south side of Durham street, all in the said Town of Kincnrdine, anti the buildings thereon, and the plant, machinery and stock, used in carrying on said business, and said business, i ''shall, for a period of ten years from ; the 31st day of December, A. D. 1021, be exempt from payment of all Mun- iclpal taxes in excess of a fixed sum of $600.00, provided that if In any year of said tens the sum payable in respect of said property for school purposes and local improvements shall exceed said sum of $600.00 then the full amount pay- able for school taxes or rates and local improvements shall be paid In fall 2. That from and out of said sum of $600.00 shall be paid in full all school taxes and local improvement rates with which Built property is charge. able, - 3; That said bonus shall be given upon and subject to the terms and conditions of said proposal and agree- ment of said Andrew Malcolm. 1 4. That should said property or any Part of It crew to be used for the .purposes of sold factory, or should Egli company not comply with the terms and conditions of said proposal and agreement of said Andrew Afal- eolm, then, In any year or years of said term in which Such occurs, said property, or the part not so used, WTI be liable for its full ordinary taxation. b. This by -low shall take effect on the day of the passing thereof, sub. ject to Its being assented to by the P electors. tea�/ assed this 9 day ofJ✓ , 0 A 16. ,je% s,sa %Jq" u J1a ws�woo _ Clerk. Mayor NOTICE TAKE NOTICE that the foregoing In it true copy of a proposed by -law of the Corporation of the Town of Kin- cardine to be submitted to the votes of the electors at the mama time and 'at the Same places as the annual election for the Municipal Council, and the Deputy iieturning Officers appointed to hold the suld elections shall take the vote. AND THAT the 20 day of Decemb• i er 1021 at It o'clock in the forenoon l at the Council Chamber, Town Hall, Kincardine, has been fixed for the' appofntment of persona to Attend at the polling places, and at the final summing up of the votes by the Clerk. AND THAT if the assent of the electors is obtained to the said prn• posed by -low it will be taken Into consideration by the Municipal Conn- cil of the sell] Corporation at a meet- ing thereof to be held after the ex- piration of one month from the date of the first publication of this notice and that such first publication was male on the eighth day of December, A. D. 1021. TARE NOTICE FURTHER that a tenant who desires to vote upon such proposed by -law must deliver to the Clerk, not later than the tenth day before the day appoint&] for + taking the vote a declaration under the Canada Evidence Act, that he IA ' a tenant whose lease extends for the time for which the debt nr liability is to be created, or exemption granted, or for of least twenty -one years, and that he has by the lease covenanted to all Municipal taxes in respect pay Of the property of which he Is tenant, other than local imyrovement rates. JOHN St SCOUGALL 'Clerk. j 1 B by -law entitled to the An P /7i U dine enti taxes to validity pare this proposed 1 Big 1 . of the Tot 1. T) Kincardin+ and at th, and the D4 take the I 51 2. of C. 'clock it some membi attend at pmrpose of signed by by the Ole the pernor on behalf 3. Cn 0 Clock irl the Clerk for and ag Sea-