HomeMy WebLinkAboutKIN1923-860 o raise by debenture $5,000 for improvements to Kin. High School0
.'0 r aise by dabonturo tlta sun o!' aiva tltauoand doll ^ro for
perm
nncmt ilaprowmanto to L119 incrrdine lii ~�I S;chonl .
the ?lanrd of l;ducntien of tro To',yt of I'inc is urking
Ooxtniu ponannnnt inprarc�lcnte to the U811 linhool in srid '?owni;'
,.• ,R; ", ^/S tltn ours required by thn P.onrd for tt ^-t purpona exc:r,�:de
thfi aura of w5000 1
AND Y7,ilU;/44,purmtrnt to t1le provini';Ila Ili '.lie 111CI' wheel fet the
thn V41111Ui1.
L
Ponrd has appliod to th(4 Council of ::ni.i Talm,L and 1
hnvinL Jurisdiction over the said 1111)t Halt'.ul diotriot,to raise by 1 ;
gray aP debenture the a'In of bYva tho> nrnd dollars far auoh purposes,
gad
t
such debentures to be for ton years;
w. =n ;;ti?TI AfI the Cou of oni ,, O lr hno cansldared and Fpproved i 1 W.
of P.ni -d r_ nllCatiOn1
+.;n `nC;P1;141 l'ivo t:.cuarnd dollrrn in tits rxlourlt of the debt
i
j
intended to be orontod by olio by.lmi;
,njpj�g1 the e::ount of thn ), r ite ^ble :• roporty of 1113
!"ltlli oi• rtlity ncoording to tllvinnt rcvil;ed nsaet ;o:nent roll. is �
.�'-,•1 j 042 0 045.00;
,rip :IJ11;Itr. rti the nr)ount of th debenture debt of tllc e
n '
is -7 n o Part of the princiV�l ur interest of ,�liioll io 11► l
c
1i1L' l'Ond' - -) of
l+rrorr; ' :di Vito
:'!I110i n1i Y rise ra..InntOCl1 '
r, +ry to I extont of `50•u;io. i•_
o i t A CT by t:1C :'; ll1.C17 '1 Cotntcil ox the i
1.9
corporation of tho Torn of P1nctirdilloi
I . 'br the Puri) ncntioned in the proarabio there clltall be
bormiod on tho oredit cf tho Corporrtion the Ott' of h`i7o 7i0urrac• J
ilollers,nnd dol,enturoa ItltAll be isstuL�l therefor on the instnlMelit
t
rlrn
in OlUZe of not le la than Ono 1tu:ldrad
dollr.ro
or.ch rtLich Wtal =. i�
nttn0_led tltoroto for taw Pr'; ,- Ia Tt
of
file interest; r
11rve
cou- ono
de onturee ahnll all ba ^r t'i :
c;n 1.10
drto
^Itd .il)r 11 bu
0
,'he
:ritiiill two yorro after the drt0,0n Viiiul&
thJa
b
ill ps%I
1 1 JC ^ :
1
nn' drtt0 aithi1 oticil t'xo yoFjrs rrla ;wall
be
prynble 144ikin �•;
I
- y
2
�1 ten nnnunl inRtnira�u:to i;urit.(; tl:u ten yot:re next niter th,l data
th nY-Lrll be iocuod,rnd. Li:e respcotivc nncunto prynb! a in each
01' such -errs shall be,, rin 1'oll�ctu:
To nr
lrincipal Intercnt TOtnl
3
0U a 663.3
ao�.7o 53.63
J•
2 07.33 0,63.33 `
r
�•
10
11',1'1 .lh 2
, 63.
� 5�7 4� 155.79 6 ";3. 33 -�
3 Z27.�3c •63.;3 f'�
�5•�•5 �.I
;Gh.7o 93.43
%. (3) .T
0 , ;96.00
6'7.39 663.3 ' r,
urt, .75 Y-5 6£ )
lU. v
3, rAhe dehenturo: ml the interest coupc.,0 ohnll Lo ;ii;ned
and lrnurn by tYic .'nyor A::d eh- "11 be cirncl nits Ly ti: - yE COtue r
and j;ije denenturco s`:rll be serled crit:L t: -3 Beni of tho -0r-
porrLion;
a, ^itri ,�
ti-,e curro.:oy of
do'.LcnLtu•ee t.:ere ai:nll oc raised
in enc'i ycAr tilt , ,oui:t of tho inotPLnent of principal Pod interest g.
p�'IntA0 in thrt. yeyr ro not forth in section 2.
:st r
5 The dohar.t :rcn rtr..r contrir. ^�:y provio.ion for t.'r. regictrf•ti
0f than Authori=l b;; 1rW;
a, Thin !� -hrr cl.rJl t ^l:o offer th d of
rnt:ni��; tltoreof;
i
1923
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