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a.� <br />• B - W <br />YLA 0 2 N1?4 <br />A BY -LAW OF THE COUNTY OF ESSEX TO RAISE A LOAN TO MEET THE CURRENT <br />EXPENDITURES OF THE COUNTY OF ESSEX FCR THE YEAR 1958. <br />Whereas, it has been deemed expedient and necessary to raise a loan of <br />Five Hundred Thousand ($500,000.00) Dollars required to meet the current Expenditures <br />for the County of Essex for the year 1958. <br />Be it therefore enacted by the Nunicipal Council of the Corporation of the <br />County of E sex to borrow from the Chartered Bank or Banks, the sum of Five Hundred <br />Thousand (0,000.00) Dollars for the purpose aforementioned to meet the Current <br />Expenditures for the year 1958 be demand notes at the rate of Five and one - quarter <br />(5) percentum per annum. <br />2. That the Warden and Treasurer of the County of Essex be and they are <br />hereby authorized to enter into necessary agreements to carry into effect the said <br />3. That all revenues of the Corporation are hereby charged with the <br />repayment of all monies borrowed under the authority of this by -law and the said <br />charter Banks or Bank are hereby declared to have a lien upon all the revenues until <br />this said lees under the authority of this by -law be fully satisfied. <br />4. That 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 the <br />Corporation created as aforesaid. <br />This Bylaw shall come into force and take effect as of the 1st day of <br />January, 1958. <br />All other By -laws inconsistent to this By -law are hereby repealed. <br />Passed in open Council this a / /- *day of January, 195$0 <br />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 By -law Number 1274 passed in <br />open Council by the Essex County Council at its Jz <br />