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1667-66-Raise Loan to Meet Current Expenditures
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1667-66-Raise Loan to Meet Current Expenditures
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am NOVEMBER SPECIAL DEBSION. 1818 <br />By -law Number 1667 <br />A BYLAW OF THE OOUNTY OF ESSEX TO RAISE A <br />LOAN TO MEET THE OURRENT EXPENDITURES Of <br />THE OOUNTY OF ESSEX FOR THE YEAR lY6ti. <br />VIRMEAS it has been deemed expedient and rncesam to raise <br />a loan at Three Hundred Thousand Dollars (M,00Q00) required to <br />meet the MaTent expenditures for the Cbaaty d Sagest for the 7W <br />1866. <br />BE IT THEREFORE ENACTED by the Munk3pai CtibWND d <br />the Corporation of the County of Essex as Wawa- <br />I. That it shall and may be lawful for the Corporatim d the <br />County of Essex to borrow from the chartered bards or banks the eaaa <br />Of Three Hundred Thousand Dollars ($300.000.00) for the purPose <br />aforementioned to meet the current expenditures for the year 1866 bF <br />demand notes at the rate of Five and Three Quarters per eantura <br />(51M) per annum. <br />Z. That the Warden and Treasurer of the County of Seem be <br />and they are hereby authorized to enter into necessm asreaMOd M <br />carry into effect the said loan. <br />9. That all and any revenues of the Corporation are bw *IW <br />charged with payment of all monies borrowed unci r the authority Of <br />this by-law and the said chartered bank or banks are hereby &dwr" <br />to have a lien upon all the said revenues until the ban created Mach <br />the authority of this bey -law is NUy aat9stied. <br />4. That the Treasurer is hereby authorized " directed %a <br />apply so much of the revenues at the Corporation as may be necaesaM <br />br paymaat d the obl1816UMA of tee Corporatiaa ereatad as aferas" <br />This bylaw shall cows into force sad tab efHSt as d tM bA <br />day of December, 186L <br />Passed in open Council this lbtb day of Novaahar. 1988. <br />JOE W. NEWMAN, Warden C. A. KEEL T. Cka <br />CLERK'S OERTIFICATU <br />I, C. A. Keeley, Clark of the Corporation of the County of boar. <br />do hereby certify that the toneaft is a tars and esreeot Soper OR <br />By-law 1887 reed In the open Council of the County of Essen the <br />necessary times and finally passed at its November Sessio% 19% <br />C. A. K3 EM, CWk Cot♦sty of Sraas <br />
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