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1097-51 RaiseALoanCntyRds
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1097-51 RaiseALoanCntyRds
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12/24/2012 10:29:00 AM
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7/27/2004 9:48:59 AM
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C - Council, Boards and By-laws
C - Council, Boards and By-laws - Date
1/19/1951
C - Council, Boards and By-laws - Department
Finance
C - Council, Boards and By-laws - Description
A bylaw to raise a loan to meet the current expenditures of the county roads system.
C - Council, Boards and By-laws - Bylaw No
1097-51
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By-law
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q y,AAk s 1097, <br />A BYLAW OF THE COUNTY OF ESSEX TO RAISE A LOAN TO MEET THE CURRENT <br />EXPENDITURES OF THE COUNTY ROAD SYSTEM FOR THE YEAR 1951. <br />W WHEREAS t has been deemed expedient to r 'se by way of loan the sum of <br />.wW. • •• •...• •• •..• •.........� , �♦�....•s• •..) <br />required to meet the Current Expenditures of the County Roads System during the <br />year 1951. <br />BE IT THEREFORE enacted by the Municipal Council of the Corporation of the <br />County of Essex as follows; <br />1. That it shall and may be lawful for the Corporations of the County of Essex <br />to borrow from any Chartered Banks or Bank the sum of . ✓.�11t .. <br />... ....... ( gyp.:..... ) for the purpose <br />aforesaid to meet the Current Expenditures of the County Roads System for the <br />year 1951 by demand notes at the rate of (fit %) Four percent oer annum, <br />2, That the Warden and Treasurer of the County of Essex be and they are hereby <br />authorized to enter into necessary agreements to carry into effect the said loam <br />3. That all and any revenues of the Corporation are hereby charged with re- <br />payment of all moneys borrowed under the authority of this bylaw and the said <br />Chartered Banks ea Bank are hereby declared to have a lien upon all the said <br />revenues until the loans created under the authority of the said bylaw are <br />fully satisfied, <br />fit. That the Treasurer is hereby authorized and directed to apply as much of <br />the revenues of the Corporation as may be necessary in payment of the obligations <br />of the Corporation created as aforesaid. <br />passed in open Council this ... /. of January, 1,951. A.D. <br />7 •..• .............. •• .�..• •...................� <br />Clerk 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 1097 read the <br />necessary times and finally passed in open Council of the Essex County Council at <br />its January Session <br />f �a <br />f <br />Clerk of the ounty of Essex* <br />
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