1517-64-Authorizing Grant for Religious Hospitalers of Hotel Dieu

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154 FEBRUARY BPEM 811'MON, 2$$! AND WHEREAS it 11 deeesed eapedteat 10 !Brat w ?M 11161 141100 Hospitalers of the Hotel Dieu of St Joseph 01 tM DtoeeM d Lam Ontario the sum of $250,000.00 is part payment of the ead of tbs addition to Hotel Dieu Hospital to She City ed Wlndaoa, which am will be payable in ten equal instalment ad $28,000.00 and le hoo debentures therefor, without interest, payable annually is tM moo" per annum shown in Schedule "A" attached to ok by -Lw; AND WHEREAS it is deemed expedient to nab tM peia*d of the said debt repayable in annual instalments during the Arid d ten (10) years commencing in the year of the $sew ad ask dabaNrrm NOW THEREFORE THE COUNCIL. OF THE CORPOliA'f'1(ki a THE COUNTY OF ESSEX ENACTS AS FOLLOWS:— 1. For the purpose aforesaid the Council ed ft Corporation of tbo County of Essex shall giant to The Religious Hospitalers d tM &W Dieu of St. Joseph of the Diocese of London, Ontario 1M as d $250,000.00 and &hall issue debentures therefor is won d t124,Y M each. 2. Each debenture shall be payable without interest as so at the respective years in Schedule "A" attached to this by-law. s. The debentures shall be dated the 15th day ad Mare►, AA, 11N and shall be made payable in to (10) annual iostaiaents so tM IM day of December in each of the years 1964 40 1972, Yolk iasbak% and the respective amount of principal payable M 014 d W Mid years shall be the amount so designated is Schedule "A" aumW to and forming part of this by-law. 4. The sold debentures when issued shall b delivered is %% Religious Hospitalera of the Hotel Dieu of S4 Josepk of 1M Blom of London. Ontario. 8. The debentures shall be payable In lawdnl money of C&RI t and may be made payable at the Canadian lmperial &aa d C merce, Corner of Sandwich and Mill Streets, la the City d Wiadtor, or at the principal office of the said beak In tM City d Two" g. The &aid debentures shall be so" with tin asst of tin q*