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1030-48 RaiseALoan
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1030-48 RaiseALoan
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12/24/2012 10:29:00 AM
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C - Council, Boards and By-laws
C - Council, Boards and By-laws - Date
1/23/1948
C - Council, Boards and By-laws - Department
Finance
C - Council, Boards and By-laws - Description
A bylaw of the county of essex to raise a laon to meet hthe current expenditures of the county road system for the year 1948.
C - Council, Boards and By-laws - Bylaw No
1030-48
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By-law
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A BYLAW of the County of Essex to raise a loan to meet they Cur- <br />expenditures of the County Road System for', the year 11 <br />Where As it has been expedient to raise by! ray of loan the sues of <br />\R J�7.1�Iw . . 4 • i • • . #'1J A ` iF'• a r V f�i'� • s • ♦ • ♦ , <br />required to meet the expenditure of the County Roads System during <br />the year 1941. <br />BE it therefore enacted by the Municipal Council of the Corpor- <br />ation of the County of Esser as follows ; - <br />1. That it shall and maybe lawful fcr the Corporation of the County <br />o f Ess t bo row from a hartered Ban or Banks the sum of <br />by demand notes <br />at the rate of 4% per annum. <br />2. That the 'harden and Treasurer of the County be and they are hereby <br />authorized to enter the necessary agreements to carry into effect <br />the said Loan. <br />3. That all and any revenues of the Corporation are hereby charged <br />with the repayment of all moneys borrowed under the authority of this <br />bylaw and the said Chartered Bank or Banks are hereby declared to <br />have a lien upon all the said revenues until all loans created under <br />authority of the said Bylaw are fully satisfied. <br />4. That the Treasurer is hereby authorized and directed to apply as <br />much of the revenues of the Corporation as may be necessary in <br />payment of the obligations of the Corporation created as aforesaid. <br />r <br />1 <br />Passed in open. Council this .. -JAay of .. . 991948. <br />��i�YU.�/ v✓ <br />Warden <br />
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