HomeMy WebLinkAboutKIN1933-1081 Issue of Debentures for Intake Pipe
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. .;.:.& ,ReGistry Office, County of Bruce /
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INAlX:~~~;; REGISTRAR OF DEEDS
COUNTY OF BRUCE
AOC'-Ounh. c...h. WhCln r.ndned
11 h,. eh"lu.., mu_1 h. ".yahl. 01 PA" al Walk.rtun
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BaTIO! or REGI8T~ION or,BY-LAw.
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Botioe 18 hereby glven that a By-Law wall paned by the OOUII.oll
ot the Oorporatlon ot tba Town ot Xlnoardlae on the 27th dl.)' of
January 1933,providlng tor tlie laal>> ot debenturu to the amou.t
ot $l;,OOO.OO,tor the purpOlle ot paying tor the oost ot installlns
an lntake pipe and otbal' eq,ulpment by the Publio 'Utllitilll OOlllllls81ol1
in the Town ot Xlnoardlne,&nd that the lIald By-Law was registered
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111 Ue Regllltry Offiae tor the Regll1try Dl TiBion ot the COWlty of }
Bruoe 011 the 30th day ot January 193;. ~ motion to quallh or set
aalde the Bame 01' &Dy part thereof mullt be made withln three months
after tbt 'lint publioatlo. ot thls notioe and OlUUlot be made there-
after.
Dated at Kinoardlne the 3,ii dl.)'
of January 193'.
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.I. BJ-I... for tto. papo..of Bo1'l'owlJII thl IIUJII of flliill.
noullUl4 Don.. U ..., for thl 0"' of lalltaUlnI ..
lnt.akI pipe la thl ,~ ot XllllOu41_.
tiERUS ,be Dlpart..., of Heal'1a for iihl hO'fbDI of On'ario ha.
b:v i'.Il.an4a'oJ7 ~u 4&\IA 'he tifn 4aJ of lull .I..D.19)2.0I'4,,14
,hat an ida. pipe '.'lIIr wi'1a IdIlOIU"OU' .qulpllll1l' 'I ianall.4
to BUppl;' watlr fro. Lab Buroa '0 tile 'cma of I.J.-1"4l..;
.&BJ) tnR~lA n.... u4 8plOWoaUo.. of 'hi .&14 wort ha'" ,...
approft' b:v tllt 1Il4 J)epart,med of Blali1a;
.&II) '.lI~lJ'U.8 parnau' to CouuuoUo. IJ-J.a ~..4 oa 'h. S.ouA
4&J of J)eo.JDber .1..>>.1932. 'h' 1Il4 1.... Ripe ad .qulpud ha.,. ,....
lnnall";
.All> 1Ql~'u" J.' 111 ......arr to 1l0lT01f tor 'M JUPOII of pqial
'Il. oOlii of illS'allaU. of ..14 la'. 1'1" u4 .quS.peat iib. IIWll ot
'1ftI. !Ilouead AoUU' u4 th.' II 'Ill amou\ of \h. ai" ldl"" '0
,. ore.'.';
J.ID) ~RR1R ih. &lIIOV.d of ille noli rai..Ue 1'I'OplI'Q of ,'- JlwO-
lpal1'J aooc:d1Jl8 '0 ,lie 1u\ Irm.e4 .......1Ii ron 1. 11.212.3";
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. .&BJ) IlIBB.iA8 'Ile _~ ot the 41buture aell' of ~ w4 C orporatlCla
.alualft of 10081 1IIp~~...1Ii 41"....""' lIJ .,eoial ra'.. of .......
..nt.ie I : ". '188.00 aD4 the COQoraUOA .. p.a.raa\el' ,llt a"enbr" of
'Il. OJl\a.rio w." BIlor. B&11WI\J C~ t~ 'Ill na of "0.000.00 .... 110
pan of n. prlMl}l&1. 01' la.red of .alA ,.b_un. 1. la ureAl";
. I'l ~BElW'Oll& UJ.C!K1> bJ 'he Il.ulolpal COUDIl1 of 'U CuporaUoa
of ,be ~on of naoudi- &I fol1On;-
(1) Jor \h. pu'po" _aUon" 1. 'M pr.un. 'hln 1I1l-,' be 'onGlltI
011 \111 on41' of n. COI'JlOl'aUoa ,be IRIII of '1ft.e. thoUllul 40nul u4
, 4ebulture..ll1111 b. 1,1Rle4 'herltor'OIl ,lllt lJInalmel1' >>1- la..... of aa\
leu tua t1ftJ 40nu. e801l ft10h o"]J UTe OoupOlll aU..>>4 tal' n.
paJlIlInt ot 1I1\.re.'.
(2) !u 4ebabre. *-11 aU beer ,he .... 4&'. &1114. lUll be il8Ue4
.Ubia no Jean after 'hi 4&,. oa elola ni. ~-l.. 1. P'...a .. Jll,lQ
'bear &IlI:J 4&h 1r1'lWl IUR two Je.1 &JI4 "....U MAl' iD\.rea' at ,he ra'e
ot fl.... IJl4 0.. halt per oel1' ph' .- p&Jabl. ,eulJ 1Il '''II\J .....,
1aa\almema 4ur1Da n. \..n\i ;ie&n Dlxt eftu the 4a'. DeD tlaQ a~"
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lie luue4 u4 the nl""l.,. amoun\l PQul. h .-oil of Buoh years
lIban be .. tollo.. ,. . ~
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tl.., ~'lJd. Im..n. Total.
.1. "JO.l' 82'.00 \ 12.5.5.19
I. '...".8, .101.,.,\ 12.55.19
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8. .,.,." ''''.40' 12.55.19
,. ,"0.11 ",..,8 12.55.19
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. 12. ,"".14 4".",12.5.5 .19
. u. .111.88 4'''.)1-12.5.5.19
. 14. J6a.~ ",,'.n 12.5.5.19
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, 16. "0." a,a.801/!.5.5.19
,1.,. 1GU.11 2"1~~8 1~.5.5.19
18. 1068.,. 18ft.1, 1~SS.1'
1'. 1117." 11'1.40$ 116.5.19
,10. 118,." . ".~. 1-'.5.19
U) the tell.dunl -", b. 11...4 '" tiu ~. uI ,he !n&llllN 04. the
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id.r." OClO.JlOM a.11 'be at .,..4 'J the '"annr of \be COQ..a\\10. and
thl 'llle_UOI lun 1I. .'~141d.Q, tu oea1 of . OorporaUoa.
(4) Jh1rl1l6 n. lurren., of t;1lI u"lltiUft. ')aft. ..11 'be rued 1J\ ..oh
J.ar ,be uov.nti of ti. luti.,..nt of prtllOl,pa1 uI In'end ~Q~ 1.
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tibat; JI. a. .., forl1l la ..oU_ two Ul'eof." a QlII14 rat. nff101e.t
therefor OftI'. CIA .boW an olhU ratl. _ aU '\b. n".U, po,... 1.
. th. 1l1lll1olpaUtiJ"
(,) fbe 40'be.,.0 IIlQ ooaWa IlIQ Jll'OftdOll t. the nsla\raUoa of
'hill auUuJl'S...1 bJ 1_.
(') tU.IJ.law aba11 tat. eft.ot Oft n. 4~ tbe pa8.1a& tbarlof.
Blp4.S.al.4 _ tlU1~ 11&8814 thie 17 - bJ of J_uU7 .&..D.l,".
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W. C. PITFIELD &'COMPANY
HEAD O,FICI - MONT"EAL
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CAlt.a. "WARDPIT"
TILIPHONKa ADD-AID. 81."
eo KING STARItT. WElT
TOllONTO,
February 20, 1933.
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Mr. '1m. Butler,
Town Clerk,
Kincardine, Ontario.
Dear Sirl--
With reterence to the recent isaue
01' Town 01' Kincardine bonde which we purohaeed trom you,
we are enclosing herewith, three copies 01' a circular
which we haTs been using in connection with this iesue.
We would appreciate it very much
it you would sign two 01' these copies and return them
to us, verifying these figures 3S being correct.
You might wire us at our expense
on receipt 01' these circulars stating that they are
correct, 6S we expect to take delivery within the next
tew days.
,
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ThllIlking you tor your trouble,
lie are,
Yours tai thtully,
NMS/PD
Encls.
W. C. PITFIELD & COMPANY,
r~~L./M.~'
Director.
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Yle ofter these bonds if, cs and when iSBc.od and accepted by us,
subject to the Il.!lproval of Counsel.
Pi'l ICE - On J,.pplic uti on
W. G. Plrfl~lD & CCL)fflr~Y
80 KING ST. V~=3T
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The stetemants contrined horoin ~re not r,unrnnteed, but ero based
upon informo.tion which we believe to bo roli'lblo and on which we
ected in purchasing these socuritios.
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NE~! ISSUE
TO':Jl or Kr;!C: RDIN':: ,ONT.RIO
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Serial Dc,Jol1.ureo
(Wuterl"orke)
due FotJra"ry 1 ,1\134-53
Doted Fobrurry 1, 1933
nllJJiCIi.L STI.1'El,!!;NT
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Principal end annual intereet pnyable in
lawful monny of the D"~lnion of C~nrnD at
the Bank of Montrnnl in Ki :cnl'dine ,Onl- rio.
Legcl O"l."iu., - Lo:\" i;. Dnl:r.
J,.eee~eed vulue of tnxable proPGrty...........;....... ..01,212,333.00
Total Debenture Dobt (1 'cladin~ thie iUuu~),"""""'~ 272,Ubl.5l
Lu:.tI :
Vlotor\'/or kfj ...... .. .,.. , . .. . . . . . " .. . . .~34 .i1GU .hl
Eloctric Light.. .,...... II.. 11". II ...;34t~?O.t:3~
Loc~l Inpl'O~Qallnt~ (RDto~~.oru srnre)~65.304.9\1 ~
3
1:i4 .030.32
130,Ol:J.l\l
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8 .175.'Hi
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Less:
Sinking Fund............................... .'... .~
Not DolJonturo
Debt..... . . , ... . t .. . ..... . . . ,." . tI .~
PO~'llp.til" - 2,bl1
Onthrio v:O[;";. ::;ho:'o R'il.:rny.......... :;50..0QO.00
Si~king Fund........... ............. i30.171.?7
019,828.23
The prooeeds froii~ tilO ..,OO.vO
conotr...ction of f> nOn ~nthl(e pille
BO'r~ ~f Hllc1th.
i.Hsue Elro to be ...iod f tli~ ~
~[; or,orod by tho Onterio
Tho Torn uf Ki~cnrdine is s "urtod on Lake nuron, et the
mouth of the PenotRng River. Industrioe ore wall diversified and
include furniture nanu~ncturil16' ~ork !lAckinr" spinning,etc. On
February 15th a new ..,1?5,OOO. dry Y'Irn spinning mill starts
operati on.
VIe offer these bonds if. os and whon ise~od and accepted by ue,
subject to the fl!lprovc.l of counsel.
PillGE - On .t,.rpl1cation
W. O. PITFI~lO & GCLWAIW
80 KING ST. V:JE3T
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The stater.lonts contcined heroin ere not cunrc.nteed, but pre bc.sed
upon informntion which we believe te be rel1n.blo and on which we
acted in purci:aetng thcse securities.
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BY-LAW NO. 1061
(8) !he 4ebentun. .hall aU bear the 'Me dall, an4 lhall b, lined i
I
-. Wi thiD ;Wo ,..ua after the date on nlah ihll1 Q'-law 111 pUllel and mllJ i
boar lIJ17' date within such two reua and Ihall bear 1nterestl at tht rate i
of Un fUld one half pel' aent per annum pOTable "88.1'1,. 1n twen1l7 annual I
1natalment. during the twent,. reRN noxt afjer the date ..hen tiler IIhall I
be lIned and the re'peatlve Mounte pOJa'llle ln uah of "uah ,..ara i
shall be al follows,- ;
~
Year. P1'1na1pal. Intlere.tI. fotal. rl
,
~
1. 400.1V 886.00 1266.1V ,
~
801.M 12156.18 J
ra"ry 1,1\134-53 8. '68.86
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, 3. "8.81 976.38 12156.19 ,
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j-" 6. 66~.24. 692.9D 1266.19
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8. 6S6.n 629.~ 12611.19 ,
~1,212,333.00 I 1
',' 272,Ub1.51 V. 660.21 694.98 1266.19
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10. 696.6B 6118.6'1 12U.18
-. 1:i4 .030.32 11. '540.83 1120.36 12511.19
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3 130,Ol:J.1\l 18. '176.24. ,n.96 1265.li
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16. 910.32 ~.8'1 1856.19 il
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1'1. 1013.81 24.1.98 18115.19 j "
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ntrrLo 20. 1189.'6 66.44 1265..1'
m. e t t he
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on which we
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(2) rhe debentureo ~hnl1 BU bear ,be .eme (lnt. 8Dd shaU be iane' b
within no rea1'll after the 4a'lle 011 nioh ~io by-law 1. pasoe& aD4 1lI81' a
boor M7 Gate w1thin suoh two 70nre and IIhIlU bel\r intere.' a1l the ra1lt , l:
of :Un ADd onn ho.lt por OOllt per (lJUlUl:1 parable 1el\r17 in tlrant)' e.nD.ul. b
1nstnloent. durulp, tbe twont,. 18llt'll non a~er the elate When they .hall. .:
be isaued and the r&epeot1ve amount. parn~le 1n eaoh of 8uch 100.1'11
shaU be 88 tollOW81.
Year. Pr1DClipal.. In'ore..' . to,el.
1. 400.J.9 B85.00 1261).11
"
2. "fla.88 BOl..~ 12110.18
478.01 "6.00 U8II.1V I
~. , .
". 606.lti '60.04 12116.18
8. 63.ll.93 722.&6 J.266.1t
6. tiQl:.U 692."6 1266.1'
,. 5113.11) 662.03 18D6.1t
B. 626.'9 629.@ 186&.11
9. 660.21 694. VB 1266.111
10. 611G.6B 1168.67 1211.1'
u. '~,83 620.36 1266.11
12. 7'16.24 479.96 126&.11
~. 81'1.B8 <&0;7.31 1.866.111
14. 0611.86 ;;92.33 1266.19
]J). 910.32 844.87 126&.19
16. 960.39 29t.80 1211&.U
1'. 1018.81 241.98 1266.19
18. lOb8.N 1tI6.2a 12611.19
19. Ua7.fa 12'.frI 12IUI.18
20. UDS.VIi 65.44- 12611.19
i
o ..... ;..:.:::...'f-.:,-:":_~4"fj5;~-:.-- -
. -0" _. ..."",____ ,
~--~--._-~._.-:-
- - -.--- - -
if] ( -'r" ,
,;;"-.~~;:~~.....:.>. ~.
~~l
~~.\':. ~:~-_.;~---::--:r;7~-:1':""~..
.. __,__ , _, ,_~~,.n ___...._.:,...,,...,:,.,
~,':7,: ,';:":: ~",', ,..,:..:__::~=~.::" , .~:]!,:", :' .,.c, :""::::.l:J:t::\I.
-,-\
"""00"
,
,",. ,...
,..,......~
shaU be 18ne4
paGett IlD4 1lI81'
~... a1l the 1'Il1lt
oft tlrant)' e.nnu1.
When ~ey .hall.
ll110h Joana
~
r
,
/)
1JI-I.J,p 110. 1Ual
fa) Ihe 4.'beInuIH .baU on bear ,be lIaI:le <<ct. Ud .baU be UnIC
WitblD .. ,euw aner the 4." on Whioh W. .laW 1. pM.1t 8ZI4 mq
Mill' IlD7 Gat. "1 thin Itlt!h hD JOIlJ'II 811Cl 8hllU bear lDttn.' at "be I'8.t.
of tlft nDCl DftO halt pel" Og, per OnDQlll pelJ'llble "al'11111 twon'J lJmual
1Il8tDlaont. du.l'lDg 'tbe bentJ )'enl'll ~ aOIl' "Ml 'late "hem ~., '~Cln
'be '..ut o.n4 tho N'p."'l" IlIDOlUI1. pefa~e ill laGh of 1l1lOb 191'11
_haU be a. followet-
;
f
I
;J
total.
1261).11
12111S.le
U8II.1V
1.2116.18
1266.1'
1266.1'
18D6.1t
lB6&.lt
1256.1V
1.211.1'
12H.lt
1.265.lt
1.866.111
1.265.19
12115.19
1265.U
1268.19
12611.1V
12IUI.18
12611.19
T.ar. h1M1pa1. IAt.n". fotal.
1. 600.11 818.00 1866.21
I a. IISI.. BOl.M 18..U
3. '''.01 "6.R U66.1'
I 4. 1100.11 'IiO.Oft 1861.21
' .
IS. ua.va 'SIl.26 W6.U
6. 061$.86 ' 6118.1'6 1266.11
f. !WI.16 "a.oa 18U.U
8. UD.f' 621'..0 1811.11
9. 660.21 tiIN.ve 1211.19
10. 69'.ta 608." 1 QU.lt
11. fM.1I8 aao.:se U66.111
U. '91.86 '".va l.26a.11
18. 019.88 4lif.a1 18815.11
U. 06U.B6 OVO.58 11615.19
10. 910,82 846.8' ualS.U
16. 960.8' 2M.eo l8&IS.1I
1'. 1018,11 SQ.V8 lUI.19
18. 1068.86 l86.U 12U.1I
U. WI," Uf." l26IS.lI
20. 1.1.8'.f8 66." U6e.~
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