2070
~
<.V;~;'~"''''':'''''--~~~'
per annum, which may be paid in advance or otherwise.
them
for the mpneys so borrowed with interest at a rate not
the corporate seal
d· ___7Å~__ t
excee Ing............JI..........per cen um
poration,
to the Bank a promissory note or notes,
sealed with
and signed by
purposes mentioned in subsection
(1)
of the said Section 329, and
to give, on behalf of the Cor-
current
expenditures of the Corporation for the year,
including
the amounts required for the
.::.:::::::: :::.::'.::'.:::::::::::::: :::::-. ::.:::::.-:-:::.::. ::.::.-:-::::::: ::.::.:: :::dollars to meet,
until
the taxes are collected,
the
sums not exceeding in the aggregate...~~~...~:i:.;J,.1.~~~.,....!;;!g~.~...Æ!~!?:g,!:.?.c;L:ç.h.9..1,!§'i!-.!1-.!L.
borrow
from
time
to
time, by way of promissory note, from
the Bank of
Montreal, a sum or
1
The Head and
the Treasurer are hereby authorized on behalf of the Corporation
to
of............. Elgin
.................
hereby enacts as follows
THEREFORE
the Council of The Corporation of the..
County
....................
borrowed a total of
Nil ......................................................dollars.
....................................
NOTE: Insert am~
aunt of previous
By~law(8) passed
this year.
.dollars, of which the Corporation has already
the purposes mentioned in subsection
(1)
of
Section 329 of The
Municipal Act
¥~I\r
. N'
IS.............?' 1
..............
AND WHEREAS
the
total amount
heretofore authorized
to be IJqrmWe¡
this
fgr
·NOTE: Insert am..
Dunt of estimated
revenues for the
c.urrent year If ad.
0ftød. If not. those
o last year.
Two
Hundred and Sixty-Six--------______________________ dollars
...........;............................................................................................... .
.............. .
of taxes,
is*
.~.?~~.., .~~.~.1.~. ~.~.,.....9.~.~... .ª.~r!:g..r.~.q.. .¡¡..J].g.....'J;:o/.~!).:!'!Y.:::'ß.;!..gh.~.. .±D. !?\t$..{\R.9.,
"I
I
.1
I
~
11
.
from
the sale of assets, borrowings or issuance of debentures or from a surplus, Including arrears
. ".' '., .,..... .....
fort~ in the estimates adoPt~d for the year 19.9,§.
not
nclµding
revenues derivable or derived
ANÐ WHEREAS
the
total amount of the estimated
revenues of the Corporation as set
to meet,
unti
the taxes are collected, the current expenditures of the Corporation for the year
WHEREAS the
,
Two Mi lli on . Eight..J!4~gr..!i'.g....1:J:\Q!!.$.'ª'ºg::-.::-.::.::::::::::-.::.:::::::::::::-.::-.::-.::::::::::-.::-.::dollars
...............................""......... ..... ..
Counci
of
the
Corporation deems
it
necessary
to borrow
the sum
of
B'Y-LAW No...,.................~~.7..º..................................
'Ønt,:'
M"!!¡çip,~1 f!y-lí!'!f f9r (Mra"t
Expenditures.
27691 Printed In
Canada.
{VIunicipality of.......... COUNTY OF ELGIN
, . ~ . . .. ...............~..................~..........;......~...,........:.....,...'..,
~
\
i
úlj7lUÞ}146"_~ ~" BJ'L #-",< õ'll
v
JJ
CORPORATE
SEAL
As witness the Seal of
the Corporation.
Clerk.
Dated, th is...... ............... ...............................................d ay of............ ........ ...... ........ ............. .19...
tion of the..,.............................................of......................................................in the Province of Ontario,
duly passed at a meeting of the Council of the said Corporation duly held, and that the said
By-law is in full force a·nd effect.
hereby certify
CORPORATE
SEAL
that the foregoing is a true copy of By-law No.....................of The Corpora-
Clark.
""
Passed this 22nd
..................:.::..-:_ ,..__..............................9
'6
9.....9..·
3. The Treasurer is hereby authorized and directed to apply in payment of all sums
borrowed pursuant to the authority of this By-law, as well as all other sums borrowed in this year
and any previous years, from the said Bank for any or all of the purposes mentioned in the said
Section 329, together with interest thereon, all of the moneys hereafter collected or received on
account or realized in respect of the taxes levied for the current year and preceding years and all
of the moneys collected or received from any other source, which may lawfully be applied for such
purpose.
-- ...-- --_...-..--.... -.. -- - - - --....,- ..,.,.......,..:~~.....~ ....~... '_UoJ ......
said Section 329, shall, with interest thereon, be a charge upon the whole of the revenues of the
Corporation for the current year and for all preceding years, as and when such revenues are
received.