002
COUNTY OF ELGIN
2
By-Law No
SUM OF È 2000 AND INTEREST
--
TO RAISE BY WAY OF LOAN THE
ERECTION OF
APPLIED IN THE
YEA~ê.-TO BE
PAYABleWITHIN..1,5
"
Passed 28th August 1852.
COUNTY OF ELGIN
THE
THE___~OURT HOUSE AND GOAL IN
WHEREAS it is expedient to raise by way of Loan
the sum of Two Thousand Pounds for the purpose of being
applied to defray the expense incurred in the erection of
The Court House and Goal in the County of Elgin and it
will require the additional sum of Four Thousand and Eighty
pounds to be raised as a special rate for the payment of
such Loan and the interest thereof for the space of fifteen
years from Friday the 28th day of May next ensuing until the
28th day of August in the year of Our Lord One Thousand
Eight Hundred and Sixty-six-both years inclusive
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 mentioned in the
schedule appended hereunto and forming part of this By-Law
upon such rateable property, as a special rate for the pay-
ment 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 Muncipal Act
12 Victoria Chapter 81st as amended by the Act 14th and 15th
Vic. Chap. 109.
BE IT TrŒREFORE enacted by the Provisional Muni-
cipal 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 eight per cent per annum
from any person or persons body Corporate or Politic who
may be willing to advance the same upon credit of the De-
bentures hereinafter mentioned a sum of money not exceed-
ing the whole of the sum of È 2000 and to cause the same
to be paid into the office of the Bank of Montreal in St.
Thomas subject 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 Debentures to be made in sums of not less than 1; 25
for such sum of money not exceeding in the whole the
sum of Two Thousand Pounds 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
)
(Cont'd
Page 2
2
By-Law No
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 exceeding 15 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 fifth part of the said sum of È 2000 shall be made
payable on the 28th day of August in each of the years
1863, 1864, 1865, 1866 and 1867 at the said office of
the Bank of Montreal in St. Thomas
FOURTH That the special rates enumerated in
the schedule appended to this By-Law shall be raised, levi-
ed and collected in the same manner as other Taxes and paid
over to the Treasurer as the Law directs over and above and
in addition to all other rates whatsoever for the years
mentioned upon all rateable property in the said County of
Elgin for the purpose of paying the said sum of È 2000 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
Debentures and the interest thereof until such Debentures
and the interest thereof shall be fully paid, satisfied
and discharged.
FIFTH - That the said sum of È 2000 when so
paid into the office of the Bank of Montreal in St. Thomas
shall be appropriated towards defraying the expense of the
erection 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 28th day
of August next.
And be it enacted that the following shall
special rates referred to in this By-Law.
SEVENTH
be the schedule of
80d
2387
È 160
in 1852 to raise
È
in the
80
2387
160
"
1853
"
80
2387
160
160
"
"
1854
1855
"
"
80
2387
(Cont'd)
By-Law No 2 Page 3
86
2387 " 1856 " 160
80
2387 " 1857 " 160
80d in the 1; in 1858 to raise È 160
2387
80
"2'387 " 1859 " 160
80
2387 " 1860 " 160
80
2387 " 1861 " 160
280
2387 " 1862 " 560
264
2387 " 1863 " 528
248
2387 " 1864 " 496
n~ 1865 464
2387 " "
216
2387 " 1866 " 432
County of Elgin
St. Thomas - May 20, 1852
Passed 28th August 1852 Thomas Locker Provo Warden
Certified - J. McKay - Provo Clerk
Read, approved and ordered to be advertised -
20th May 1852 P./C.
Certified - J. McKay Read the 1st time on Saturday the 28th August 1852.
Certified - J. McKay P./C
Read the 2nd time on Saturday the 28th August 1852.
Certified - J. McKay P./c
Read the 3rd time on Saturday the 28th August 1852.
Certified - J. McKay P./C
Passed on Saturday the 28th day of August 1852.
Certified - J. McKay P./C