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1788-69-Raise Loan to Meet Current Expenditures
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1788-69-Raise Loan to Meet Current Expenditures
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JANUARY REGULAR SESSION. 1969 75 <br />By -Law Number 1788 <br />A BTLAW OF THE COUNTY OF ESSEX TO LOAN TO MEET THE S <br />CURRENT EXPENDITURES OF <br />THE COUNTY OF ESSEX FOR THE YEAR 1969. <br />WHEREAS it has been deerned expedient and necessary to ralse <br />Dollars required to meet the current <br />a loan Of On Million wMenditures for the County of Essex for the year 1969. <br />B E rr TIURLTDRE enacted by the Municipal Council <br />Corporation of the County of Essex as follwse <br />1. That it shall and may be lawful for <br />County of Essen to borrow from the chartered <br />of One Million Dollars ($1,000,000.00) for the <br />to meet the current expenditures for the year <br />at the rate of interest prevailing at the time <br />required money. <br />2. That the Warden and Treasurer of the County of Essex be <br />and they are hereby authorized to enter into necessary agreements to <br />carry into effect the said loan. <br />3. That all and any revenues of the Corporation are hereby <br />charged with repayment of all monies borrowed under the authority to <br />this by -law and the said chartered bank or banks are hereby declared <br />to have a lien upon all the said revenues until the loan created under <br />the authority of this by -law is fully satisfied. <br />1 <br />1 I: <br />This by law shall come into force and effect as of the 1st day of <br />J amar9, 1969. <br />y d " 7 7Z , I IMF . . . T <br />1•t Ong- January 15th, 1969. <br />3ro O ng — January 15th, 1969. <br />reading January 15th. 1969. <br />'ftM BLSTANY, Warden C. A. KEELEY, Clerk <br />
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