HomeMy WebLinkAboutKIN1932-1058 Voting on a bonus for The Circle Bar Knitting Co.
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BY-LAW ICO. 1058
A By-Law to !1rovido for taking the votes of the electors on a pro-
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;posed by-law entitled "For GrBnting a Bonus by way of a fixed assess- Ii
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ment to The Cirole Bar Knitting Company,Limited."
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Whereas a proposed by-lBw of tho CorporBtion of the Town of Xinoar- 'i
dine entitled "A By-Law for Granting a Bonus by w~ of ~tat a fixe~
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assessment to The Cirole Bar Knitting CompaxlY,Limited," requires fori
its vBlidity the
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assent of the eleotors,and it is expedient and neoes~~
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ary to pass this by-law for the purpose of enabling the eleotors to
vote on the ~roposed by-law;
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BE I~ ~HEREFORE ElI.AC~ED by the ~unioipal Oounoil of the Oorporation
of the ~OWD at Xinoardine,as follows;
1. The vote of the eleotors of the Corporation of the Town of Xinoar-
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dine shall be tllken on the said proposed by-law on the Si~~ of
~ay A.D.1932,between the hours of nine O'Olook in the forenoon and
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Six
O'Clook in the afternoon Bt the following plaoes and by the
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following Deputy Returning Offioers,namely;
FoIling sub-division NO.l;In the Counoil Chamber,~own Hall;
De;puty Returning Offioer: M. Matheson
Poll Ole.rk J L. :Buokingham
Rolling aub-divfsion Ho,Z;G. Hart In building oooupied
Deputy Returnfg~\Jtrcf:rr G. A. McDonald by O. Wilson, :Butohe
.Polling sub-division llo,3; In Offioe, G.
Deputy Returning Offioer; Jas. Anderson
Foll1og sUb-di~~Uo~1fla~4: it,. t~geOffioe
W. Potter Est.
Bu.ilding
of Frank Colwell on the
West side of Queen Street;
2.
O. Westall
Deputy Returning Offioer;
Poll Ole:t:k :H. D. Thaake.r
On the 9th day Of!.!o.y .a...lJ,1932
at the hour of eleven
O'Clook in the forenoon the Head of the Counoil of said Oorporation o~
3)me member of the Counoil apI'ointed for that purpose by resolution
shall attend at the Counoil Chamber in the Town Hall in the said
Uunioipality.for the purpose of appointing and,if requested so to do,'
shall aPPoint.bJ writing siiDed by him,two persons to attend at the
final summing up of the votes by the Clerk,and one person to attend at
eaoh polling plaoe on behBlf of the persons interested in and promot-
ing the proposed by-law,and a like number on behalf of the persons
interested in and opposing the proposed b~-law.
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,ors on a pro~ 'i
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~ient and neaesB~
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e Town of Xinaar~
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Si~~ of
orenoon and
and b;y the
Town Hall;
ng ooaupied
lson. Butohe
er Est.
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: Colwell on the
Ie hour of eleven
~d Oorporation o,!,
by resolution
Ln the said
lested so to do.'
) attend at the
rson to attend at
d in and promot-
f the persons
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On the Seventj~ of May A.D.19,2.at the hour of eleven
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O'Oloak in the forenoon at the Counoil Ohamber in the Town Hall in
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the said l4uniaipality.the Clerk of the said l4unioipal1t;y shall attend'!
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" and SUDlI;tUP the votes given for and against the said proposed by~law.
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Bigned.aealed and Fina11y pas3ed this 16th day of A~ril 19'2.
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THE CANADIAN .ANK 0'" COMM."CII
THE "OVAL. .ANK 0,. CANADA THII TOWN 0' KINCA..OINI:
.~ KINCARDINE.
OHT".'O
May 3rd,1932.
Wm.Butler EsQ..,
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Town Clerk,
~ Re Cirole Bar Knitting Co.Ltd.~
Kinoardine,Ont.
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Dear 5ir;~
I have been informed that the Council of the Town of
Kinoardine has entered into an agreement for a period of ten
years with the Cirole Bar Knitting Oo.Ltd. and that among other
things it was agreed that the Corporation would exempt manufacturers
from income tax,give the said company free water for ~se in its
faotory and grant a fixed assessment of $8800.00 for school purposes
on all the land and bulldlings to be ocoupied by the oompany.
As I advised members of the Oounoil prior to the date of
making this agreement namely April 19th,1932,it is illegal and
beyong the power of the Council to Br~t the above ooncessions.
The Council oan not discriminate between manufaoturers and others
in the mutter of inoome tax. The granting of free water is a bonus
and contrary to the Bonus Limitation Act of 1924. Fi:dng of the
assessment for sohool purposee and local improvement ratee is
also oontrary to the Bonus Limitation Act.
As the agroement is illegal. each member of the Counoil
who voted for its adoption is rersonally liable for the loss to
the llunici!lali ty by reason thereof.
.
yours
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