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19-1855-Stock in Amherstburg Railway
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19-1855-Stock in Amherstburg Railway
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6/13/2013 1:07:01 PM
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C - Council, Boards and By-laws
C - Council, Boards and By-laws - Date
8/21/1855
C - Council, Boards and By-laws - Department
Council Services
C - Council, Boards and By-laws - Description
19-1855-Stock in Amherstburg Railway
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C - Council, Boards and By-laws - Type
By-law
Type
By-law
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I <br />12 <br />► e8`eot sball have been duly made and adopted with the consent tint bol <br />of a majority of the qualified electors of the Mubicipa:ity, to be seer. <br />i tained in such manner as shall be determined by the said By -Law, after <br />public advertisement thereof, containing a copy of such proposed By. <br />Lsw, inserted at least four times in each newspaper printed within the <br />Emits of the Municipality. <br />And whereas the Municipal Council of the County of Essex, as one <br />Of the municipal corporations therein intecded by and with the consent <br />first. had and obtained, is manner hereinafter mentioned, of a majority of <br />the qualified electors of the several Municipalities cumposing the said <br />County of Essex, present at a meeting duly called for that purpoie <br />by a public advertisement containing a copy of this By -Law, inserted <br />at least four times in each newspaper within the limits of the said <br />County of Essex, in the manner by the said Act provided, and held <br />at the places hereinafter named for such purpose on Thursday the <br />16th day of August, A.D. 1855, have agreed to subscribe for Two <br />Thousand Shares in the Capital Stock of the Amhersiburg and gt, <br />Thomas Railway Company, amounting to (50,000 currency. <br />L Be it therefore enacted by the Municipal Council of the County of <br />Essex, in Council assembled, under and by virtue of the " Upper Canals <br />Municipal Corporations Act of 1849," and by and with such couse -t of a <br />majority of the qualified electors of the said County of Essex, so obtain d <br />as hereinafter mentioned. That the Warden be and he is hereby author. <br />ized and empowered to subscribe for and in the name and on the behal f <br />of the said Municipal Council, 2000 Shares in the Capital Stock of the <br />Amherstburg and St, Thomas Railway Company. <br />II. Be it enacted, That the Warden of the County of Essex, for the <br />time being, shall have power, and he is hereby authorized and required <br />from time to time to issue debentures in payment of the said stock is <br />sums of not lees than .£25 each, in the same proportion* and at the same <br />times as the calla upon the stock shall be made answerable in the sees <br />of other ahmeholuers. <br />11I. Be it neeted, That the said debentures shall ben intenst from <br />
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