2152
I
I
I
I
I
,
I
"
í
per annum, which may be paid in advance or otherwise.
them
for the moneys so borrowed with interest at a rate not exceeding....~...~....~.......per centum
poration, to the Bank a promissory note or
notes, sealed with
the corporate seal 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,
ncluding the amounts
required
for the
- .. - x~/lOO dollars to
..7:...:::...:....':':....::...:...~...:::.........................................
meet,
unti
the taxes are collected, the
sums not exceeding In the aggregate...'J!.~'?...~.::q:;!..~.~.I..ß!.~....1f~~A~.~.~...~!?-.!?.~.~}~~!L:.:....
borrow
from
ti me 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.......f\il-.G.:J;N................................................................hereby enacts as follows
THEREFORE the Council of The Corporation of the.......r;~.ºY.!~J·J.
borrowed a total of.........N.:.I..:J............. ..................... ..... .... .............. ........ ........ ...... ........................ .....dollars.
NOTE: Insert am~
ount of·-'- previous
By-Iaw(s) passed
thle year.
.dollars, of which the Corporation has already
the purposes
mentioned in subsection
(1)
of Section 329 of The
Municipal Act
this year for
. Nil
IS............................
.NOTE: Insert Qß100
ount of estimated
revenues for the
current year If ad-
0rted! If not, those
o lastyeat.
AND WHEREAS
the
total amount
heretofore authorized
to be borrowed
of taxes, is'
S,even Hundred f !/ Seventy...nine ..; ..- .. - ... .. .... xX/lOa
.......................................................................................................................dollars.
.~:hr..~~:..m.l:¡,i9.'l~...I!ì~y.f(!.~....liJ!,\ß9.r.!~.çI,...§'...S;'i!:v:~~:"y....:!1:h9.!MilAßg'
from
the sale of assets,
borrowings or issuance of debentures or from a súrplus,
revenues derivable or
nCluding arrears
forth in the estimates adopted
for the year
1
9..?~, not including
derived
AND WHEREAS
the
total amount of the estimated
revenues of the Corporation as set
.
to meet,
until the taxes are collected, the current expenditures of the Corporation for the year
..1::w9... .W;U¡;!,.º!;\~....$,:J.,lÇ.: .¡;¡nu.\Ù:~ð....' fu.Q!M..i).u.d... ::':...:7...::':...::':...:7...:::. ..::':...~..;¡ç;¡ç!¡\1)Jlollars
Counci
WH~REAS
the
of the Corporation deems it necessary to borrow
the sum of
BY-LAW No 2152
...................
Municipality of.
COUNTY OF ELGIN
.~
Municipal' By-law for
Expenditures.
27691 Printed In
L.~F.lORav;'May
Onto
Canada.
1960.
Current
1
u
CORPORATE
SEAL
As witness the Seal of
the Corporation.
.2!f:::Z-;;/,º"
Clark.
tion of the.....Ç.C!!~!)..~Y...........................of.........!?;!,g:t~......................."......in .the Provinoe of Ontario,
duly passed at a meeting of the Counoil of the said Corporation duly held, and that the said
By-law is in full foroe and effect.
~ ". v ~
Date.d' ~h is;..... ",...m...".lJ..'í!':t.. ."·....'....m ...,...............day '0f.....;J.:ª,I}g,~r.Y....; .19.;.7J.
hereby .oertify that the foregoing is a trùe .oopy of By-law No.....~~~¡¡L...of
The Corpora..
CORPORATE
SEAL
Clerk.
'-\í¡:'ì~
th~S.....:~~~;~.!I:...=....=...=....=..............................d.aY..~~f.... ~~~~..~~.ry.........:......:.......19.7..1.....
. / ,,~.:'-/
............¡V..(~~d~iih.:~~~~..
............£z:...~
Passed
3. The Treasurer is hereby authorized and direoted 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
Seotion 329, together with interest thereon, all of the moneys hereafter colleoted or reoeived on
aocount or realized in respect of the taxes levied for the ourrent year and preoeding years and all
of the moneys collected or received from any other sou roe, whioh may lawfully be applied for suoh
pu rpose.
'(;' reJon~ bea cnarge upon the wnöle 6f-ffie revenues of the
for all preoeding years, as and when such revenues are
c;¡ 'Ii
Corporation for
received.
'~ "ü....~ vv
the ourrent
'nceres
year and