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HomeMy WebLinkAboutKIN1921-933 Purpose Of Purchasing Fire Equipment• 1 i dA ,a zw :fl I :t r dA ,a zw :fl I r r .. �fk Io ' do ONTARIO - r TREASURY DEPARTMENT 5� Torcnto, February 16 1 �. � 927. W. Butler, Esq., Clerk, ; Town of Kincardine, Ontario. i ; 2 Dear Sir: j I beg to acknowledge receipt of your letter of the 15th inst., enclosing copy of By -law #933 for the purchase of Fire Equipment. Yours very tru ; GH -Ce As i 6 • 6 • Z53 83. I9 - ••`•rrr 164.34 U -...uo 647.53 7. 607.35 532.72 I40.I8 647.63 8. 659.36 II418I 88'27 647.63 9. I0. 587.32 60.21 647.63 647.63 6I6.69 30.84 647.63 i i L' 1 i 0 r t�GJSTRI' UJ'I'ICE, CO t; r �dq '0� :Txq-PTO 1(?i.TSJ7:ti)1 .5 117 �i 4 r Y, • -- -- - -- -- �,- �..,,: _ _ —_ —_ Via; r-� � ^'!` L� - + �, BYLAW N0.� • For Borrowing the sum of Five Thousand Dollars. WHEXAM it is expedient to borrow for the purpose of purohaeing� e firlequlpment.the Bum of Five Thousand dollars and that Is the amount of the debt intended to be created. AND {YH1&MS the amount of the whole rateable property of the Municipality according to the last revised assessment roll is I AND WHERFAS the amount of the debenture debt of the Corporation ( exclusive of local improvement debta.seoured by special rates of assessments ) is $167,9I5.70 and the Corporation has also guaranteed the bonds of the West Shore Railway Company for the sum Of 050 and no part of the principal or interest is in arrears. Be it therefore emoted by the Municiffl Council of the E :.- Corporation of the Town of Kinoardine as follows;- i - I. For the purpose mentioned in the preamble there shall be borrowed on the credit of the Urporation the sum of Five Thousand dollars and debentures shall be issued therefor on the instalment t plan in sums of not lase than $50.00 each which shall have coupons attached for the payment of interest at five per cent per annum. E. The debentures shall all bear the same date and shall be issued F. within two years after the date on which this by -law is passed and may bear any date within such two years and shall be payable in -_ ten annual instalments during the ten years next after the date - when'they shall be issued and the respective amounts payable in each of such years shall be as follows;- - Years. Brinoipal. Interest. Total. t _ 1__ I. 397.63 250000 647.53 E• 4I7.40 230.I3 647.53 30 438.27 209.26 647.53 ` 40 5 0 460.I9 I87.34 647.53 483.I9 I64.34 647.53 } 7� 607.35 I40.I8 647.53 632.7E II4.82 647.53 91 559936 587.32 88 -17 60.2I 647.63 I0. 626.69 3084 . 647.53 647.53 1 i t �. 3. The debentures as to both prinoipit and interest shall be expressed in Canadian Currency and shall be payable at the Bank of Montreal at its branch in the Town of gincardine. 49 The debentures shall be signed and issued by the Hsyor of the Corporation and shall be sealed with the seal of the Corporation and the'debentures and interest coupons shall be signed by the treasurer of the Corporation. b. During the Currency of the debentures there shall be raised ins each year the amount of the instalment of principal and interest payable in that year as set forth in section two. 6. The debentures may contain any provision for the registration of them authorized by law. 7. This by -law shall take effect on the day of the passing thereof. subject to Its ping aseen�re to by the electors. Passed this day of d.D.I9$1. Wil n i i i i L r. Mayor. t �- _ , F ' �._ . ,. �� M 1 ' • wl I I I y 1 i NOTICE. h TAKE NOTICE that the above is a true copy of a proposed by- law of the Corporation of the Town of Kinoardine to be submitted to the votes of the electors at the same time and at the same places as the annual election for the Municipal Counoil and the Deputy Returning Officers appointed to hold the said election shall take the votes n that the? 'day of December.I926.at �0'Olook in the noon at the Council Chambers in the said Town has boon fixed for the appointment of persona to attend at the polling places and at the final summing up of the votes by the Clerk. AND if the assent of the electors is obtained to the said proposed by -law it will be taken into consideration by the Council of the said Corporation at a meeting thereof to be held after the expiration of one month from the date of the first publication of this notice and that such first publication was made on the 9th day of December A.D.I926. TAKE NOTICE further that a tenant who desires to vote upon such proposed by -law must deliver to the Clerk not later than the tI tenth day before the day appointed for taking the vote.a declaration under the Canada Evidence Act that he is a tenant whose lease extends for the time for which the debt or liability is to be created or in which the money tz to be raised by the proposed by- law is payable.or for at least twenty -one yeare.and that he has by the lease covenanted to pay all Municipal taxes in respect of the property of which he is tenant.other than local improvement rates. l y/' 1 9 I F , L i FA ii I u • t. t i I; j I f e: I � I n 0 o m :o 0 A n 0 o m :o v+ ILIA 11 t e r t 1 3 w