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1096-51-Raise Loan to Meet Expenditures
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1096-51-Raise Loan to Meet Expenditures
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6/11/2013 4:03:04 PM
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5/29/2012 9:26:15 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
Council Services
C - Council, Boards and By-laws - Description
1096-51-Raise a Loan to Meet Current Expenditures
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By-law
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54 JANUARY REGULAR SEES ON, 1951 <br />quired to meet Current Expenditures of the County of fern for <br />the year 1951. <br />, BE IT THEREFORE enacted by the :Municipal Corporation of <br />the County of 'Essex as fUUoMs: <br />1 That it shall and may be lawful for the Corporation of the <br />County of Essex to iborrow .from any Chartered •BaMe or Dank, <br />the gum of Three Hundred Thousand Dollars ($300,000.00) ibr the <br />purpose aforesaid to meet the Current 'Expenditures for the leer <br />1951 by demand notes at the rate of (4%) ,four .percent per anaua. <br />2 That the War a nd Treasurer of n <br />are hereby authorized to enter the necessary agreements to carry <br />int effect the said loan <br />8 That aU revenues of t he 1 , rr r <br />with the repayment of all moneys borrowed under the suthorAY of <br />t h i s by4aw and the said Chartered Banks or Bank am hereb <br />clared to have a lion upon all revenues untU this said losar mWft <br />the authority of this By-law �are lully satisfied. <br />4 The Treasurer is hereby authorized and directed UP &PPO <br />:r much o t he Reve nues of r.: Corporati an may be necossarY <br />saidL <br />Passed in open council this 19th day of January, 1963, A,A <br />C. A. KEM6EY, <br />Clerk. <br />o � <br />I, C. A. Keeley, Clork od the Corporation of the Coantb of <br />Ewes, do hereby certify that the foregoing is a true and eesred <br />copy of By -lair 1096 read the necessary times and finally Peon" <br />in Open Council of the Suez County Council at its January Bessiow <br />C. A. X10 "Y. <br />
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