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1073-50-Raise Loan to Meet Road Expenditures
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1073-50-Raise Loan to Meet Road Expenditures
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6/11/2013 3:51:58 PM
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C - Council, Boards and By-laws
C - Council, Boards and By-laws - Date
1/1/1950
C - Council, Boards and By-laws - Department
Council Services
C - Council, Boards and By-laws - Description
1073-50-Raise Loan to Meet Current Expenditures
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By-law
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JANUARY REGULAR SESS 1960 68 <br />4. The Treasurer is hereby authorised and directed to apply <br />so much of the Revenues of the Cmvoration as may be necessvy <br />in payment of the obligations of the Corporations created as aforesaid. <br />Passed in open Council this 20th day of January, A.D. 1960 <br />C. A. KEELEY FERMAN SINASAC <br />Clerk Warden <br />I, C. A. Keeley, Clerk -of the Corporation of the County of Essex, <br />do hereby certify that -the foregoing is a true and correct copy of <br />By -law No. 1072 read the necessary times and finally passed in open <br />Council of the Essex County Council at its January Session. <br />C. A. K(EELEY, <br />Clerk of the County of Essex <br />BY -LAW No, 1073 <br />A BYLAW OF THE COUNTY OF ESSEX TO RAISE A LOAN <br />TO M'EET THE OURREiNT EXPENDITURES OF THE OOUNTY <br />ROAD SYSTEM FOR THE YEAR 1960 <br />WHEREAS it has been deemed expedient to raise by way of loan <br />the sum of Four Hundred Thousand Dollars ($400,000.00) required <br />to most the Current Expenditures of the County Road@ System <br />during the year 1960. <br />BE IT THEREFORE enacted by the Municipal Council of the <br />Corporation of the County of Essex as follows; <br />L That it shall and may be lawful for the Corporation of <br />the County of Essex to borrow from any Chartered Bank or Basks <br />the sum of Four Hundred Thousand D ( ;400,400.00) for the <br />purpose aforesaid to meet the Current Expenditures of the County <br />us" system for the year 1960 iby demand not" at tM rate of <br />4 percent per annum. <br />
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