001
COUNTY OF ELGIN
1
By-Law No
SUM OF È 4000 AND INTEREST
OF LOAN THE
"TO RAISE BY WAY
FOR THE ERECTION OF A COURT HOUSE
TEN YEARS
PAYABLE WITHIl1
&ND GOAL FOR THE
"
COUN'!'Y OF ELgIN
Passed 22nd July 1852
WHEREAS it is expedient to raise by way of Loan
the sum of Four Thousand Pounds for the purpose of defray-
ing the expense incurred in the erection of a Court House
and Goal, in the County Town of Elgin for the County of
Elgin. And it will require the sum of È 5760 to be raised
as a special rate for the payment of such Loan and the In-
terest thereof for the space of Ten Years from Thursday the
22nd day of July next ensuing until the 22nd day of July in
the Year of Our Lord One Thousand Eight Hundred and Sixty-
Two.
AND WHEREAS the amount of the rateable property
of the County of Elgin amounts to È 1.145.941 assessed
value for the year One Thousand Eight Hundred and Fifty-
One and it will require the several rates in the Pound men-
tioned in the schedule appended hereunto and forming part
of this By-Law upon such rateable property as a special rate
for the payment of said Interest and for the creation of a
sinking fund for the payment of the principal of such Loan
according to the requirements of the 177th Section of the
Municipal Act 12th Victoria Chapter 81 as amended by the
Act 14th and 15th Victoria Chapter 109.
BE IT THEREFORE enacted by the Provisional Mu~
nicipal Council of the County of Elgin:
FIRST - That it shall and may be lawful to and
for the Provisional Warden to raise by way of Loan and at
a rate of Interest not exceeding 8 percent per annum from
any person or persons body Corporate or Politic who may
be willing to advance the same upon Credit of the Debentures
hereinafter mentioned a sum of money not exceeding in the
whole the sum of È 4000 and to cause the same to be paid
into the office of the Bank of Montreal in St. Thomas sub-
ject to the order of the Treasurer of the said County for
the within purposes
SECOND - That it shall and may be lawful for the
Provisional Warden to cause or direct any number of Deben-
tures to be made in sums of not less than È 25 for such sum
or sums of money not exceeding in the whole the sum of É 4000
(Cont'd)
Page 2
1
By-Law No
as any person or persons body Corporate or Politic shall
agree to advance on the Credit of such Debentures. Such
Debentures to be under the Common Seal of the said County,
signed by the Provisional Warden and Treasurer and made out
in such form and manner and payable at such periods not ex-
ceeding ten years as the Provisional Warden shall think fit
THIRD - That the interest on such Debentures shall
be payable half yearly at the office of the Bank of Montreal
in St. Thomas and the sum of È 400 being the tenth part of
the said È 4000 shall be made payable yearly at the said
office of the said Bank of Montreal in St. Thomas
FOURTH - That the special rates enumerated in the
schedule appended to this By-Law shall be raised, levied and
collected in the same manner as other Taxes and paid over to
the Treasurer as the Law directs over and above, and in ad-
dition to all other rates whatsoever for the years therein
mentioned upon all rateable property in the said County of
Elgin for the purpose of paying the said sum of È 4000 with
the interest thereon and the proceeds of such special rate
so to be raised, levied and collected and paid over shall be
applied solely to the payment and satisfaction of such De-
bentures and the interest thereof until such Debentures and
the interest thereof shall be fully paid, satisfied and dis-
charged.
FIFTH - That the said sum of È4000 when so paid
into the office of the Bank of Montreal in St. Thomas shall
be appropriated towards defraying the expense of the erec-
tion of the said Court House and Goal
SIXTH - And be it enacted that the By-Law shall be
in force and take effect from and after the 22nd day of July
next.
SEVENTH - And be it enacted that the following
shall be the schedule of special rates referred to in this
By-Law.
--.l9..Q.1.
2387
1; 720
to raise
in 1852
È
in the
-.3.44
2387
688
"
1853
"
-.E8
2387
656
624
)
(Cont'd
"
"
1854
1855
"
"
-1J.2
2387
By-Law No 1 Page 3
_296 1856
2387 " " 592
--- - -
280
"2:"f8 i " 1857 " 560
.--- - -
264
2387 " 1858 " 528
.-- - -
248
2387 " 1859 " 496
- - -
_£1? 1860 464
2387 " "
- - -
216
2387 " 1861 " 432
- - -
County of Elgin Passed 22 July 1852 Thomas Locker
St. Thomas Certified Provisional
16th, April 1852 John McKay Warden
Provisional Clerk
Read, approved and ordered to be advertised
17th April 1852
Certified J. McKay P.C.
Read the 1st time on Thursday the 22nd of July 1852.
Certified J. McKay P.jc
Read the 2nd time on Thursday the 22nd of July 1852.
Certified J. McKay P.jc
Read the 3rd time on Thursday the 22nd of July 1852.
Certified J. McKay P.jc
Passed on Thursday the 22 July 1852.
Certified J McKay P.jc