HomeMy WebLinkAboutKIN1934-1128 Debantures of Ontario West Shore Electric Railway
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17-. Jfwabu Ble'flJl B1U141'8d on4 !wllDtr Kisht ot llhe 'fown Of
Jq.a~1"I1intf in the 001Ultr Of Bruoe aD4 ProYinoe of Ontario.
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'J: " , 'or the puzpo.e ot },01T01riDI the IWI Of two !hOUlaDI.
'lye Blm4rd :DoUUl (tsI500.00) f to lI.n the Snte1"'eQ OIl oer-
taiD De'b.Jltu:re. Of !he ODtario "eat Sho1'8 Kleatrto RaUwq
pannteeA 'by '0.14 Ulml01pa11'r of the 'om ot nnoal"dine.
me1'8" thl OOrpOI'aUOll Of the .&14 !O\'nl ot KlDoU'l1De,
1U14.r jih. authorlb' Of the 'by-law d11l7 p....d, guannteel ..1"iain
Of 4e_1n1l'8' ot !he ODt&1'1o W.I' Shore :n.ollrlo Rallwq, aD4 la
now oalled UpOll to per the inter..' there= tor whlob no p1"OTl'10n
or lwr,r haI been m14..
AlII Where.. t It 1. RIO"'Uf to boJ:'l'OW the 1I0ll17 'here-
tori UIlt11 noh tSM. .. tho tun tor the ,..ar 1936 00 be 001-
loatel.
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Ie 111 the1'8fo1'8 enaoi.d aD4 1t 11 he1'8by onaote4 b7' ihe
lIImlolpal OOWloll of ihe Town of K1Iloa1"d1lle, in oounoll u.ellbleds
fte,ll 111 Ihell be lawful tor tho ILaroI' 8D4 'f1'8U1U'81' ot the 1&14
OorporaU= ot the tom ot K1IlolU'dlu to borrow troa e.Il7 BaDIc or
pel'lOll w1UlnK'<to loan tho '8110 lUah a lUll 01' lUlU Of 1I0ll'" u
.hall be relJ,UlM to ....11 the iDte1'8lt 4u OR lald 4ebeJlilu'o. ao
II18ol'lmtlal ( .4 w2lloh intere"III&1u:re. OIl the 11nt 4q Of Ja-
uarr 1988'-aDI. the 11nt dq of hlJ 1931); nob IIIlOWL' to' 111 'bor-
1"OWe.1';Jlcnto exa..4 the nil Of two !ho11ae.Jl4 11ye B1m4re4 JlOll.ar8.
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'. '!he Ma70r 81:4 'r1'8uu:rer OIl behalf of the Oorpon.t1~'
lU'Ihorebr authorl.ed to .zen'. 8110h promlslo17 Rote or:Dotes
e.a mar be requ1l't1d for nah purpose; IIl4 ill haye the .eal ot
ih. Cor.poratlOll attaohed~ho:reiOI noh Doto 01' notes "0-; bear
hterea. all thl raie ~l per oen'. .~
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A. speo1al :rate to meet suah eJIlOUJli e.Il4 rals. the II1UIl
1s he1'8br 1.Yle4 on all tho rateable prope1"ir in the 11&14 oor-
p01'8.t'1Oll liable tor th.: paylllllDi 1hereot, 1dl1oh :rate q" 11 be
1D.Ierted in tho OOUeator'. RoU Of the sald fown of lC1noard1ll1l
for the roar 1935. lIDd 11))-" be ooUeated 1Jl the sao 1IaDIl.1'..
as other tU'I, ad Wha 10 ooU'oied 1l)I,,1l be appl1el 1p pq_
IIl1Di~ the 8IIOQDt 80 bOfrowe" u aforeaaid. : " .
, ~"Ja...d. 11gJled and seale.. th1a ~4'; 0' .' ~
Deoembel'.' A..D..193&. '. ,
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