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1072-50 RaiseALoan
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1072-50 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
1/20/1950
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 loan to meet the current expenditures of the county.
C - Council, Boards and By-laws - Bylaw No
1072-50
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By-law
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BYLAW N0, 1072 <br />A BYLAW OF THE COUNTY OF ESSEX TO RAISE A LOAN TO MEET THE CURRENT <br />EXPENDITURES OF THE COUNTY FOR THE YEAR 1950. <br />S it has been deemed ecessary and xpedient to raise a loan of <br />v�-✓. 0000 .................00/lOODollars <br />,. .. ..°...... required to meet the Current <br />',.�1�' ) q Expenditures of the <br />County of Essex for the year 1950. <br />BE IT THEREFORE enacted by the Municipal Corporation of the County of Essex <br />as follows; <br />1. That it shall and may be lawful for the Corporation of the County of Essex <br />to row from any Chartered Banks or Bank the sum of <br />.. k' 1,14 ............00/100($ -YA& .M.:. ,/.':�;. ) for the purpose <br />aforesaid to meet the Current Expenditures for the year 1950 by demand notes at <br />the rate of 4 percent per annum, <br />2. That the Warden and Treasurer of the County be and they are hereby author- <br />ized to enter the necessary agreements to carry into effect the said loan <br />3. All revenues of the Corporation are hereby charged with the repayment of <br />all moneys borrowed under the authority of this bylaw and the said Chartered <br />Bank or Banks are hereby declared to have a lien upon all revenues until this <br />said loans under the authority of this bylaw are fully satisfied. <br />fit. The Treasurer is hereby authorized and directed to apply so much of the <br />Revenues of the Corporation as may be necessary in payment of the obligations of <br />the Corporations created as aforesaid, <br />1 <br />Passed in open Council this .IT' * ** day of January, A. D. 1950. <br />0000. .:.............. <br />Cle Warden <br />I, C. A. Keeley, Clerk of the Corporation of the County of Essex, do hereby <br />certify that the foregoing is a true and correct copy of Bylaw go. 1072 read <br />the necessary times and finally passed in open Council of the Essex County <br />Council at its January Session, <br />.0000•.. OF* ..N....'... *A,* 0.0.0.0.b. ... <br />Clerk of- the C9uhty of <br />
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