HomeMy WebLinkAboutBy-law 1048B Y- L A W N U M B E R 1 0 4 8
A BY-LAW OF THE TOWNSHIP OF PICKERING TO RAISE $10,000.00 TO AID IN THE
CONSTRUCTION OF TILE, STONE OR TIMBER DRAINS.
The Council of the Municipality of the Township of Pickering, pursuant to
the provisions of The Tile Drainage Act, ENACTS AS FOLLOWS:
1. That the Reeve may from time to time, subject to the provisions of
this By-Law, borrow on the credit of the Corporation of the said
Municipality, such sum not exceeding in the whole $10,000.00, as
may be determined by the Council, and may in manner hereinafter provided,
issue Debentures of the said Corporation in sums of $100.00 each for
the amount so borrowed, with Coupons attached as provided in Section
5 of the said Act.
2. That when the Council shall be of opinion that the application of
any person to borrow money for the purpose of constructing a tile,
stone or timber drain should be granted in whole or in part, the
Council may, by resolution, direct the Reeve to issue Debentures
as aforesaid, and to borrow a sum not exceeding the amount applied
for, and may lend the same to the applicant on the completion of the
drainage works.
3. A special annual rate shall be imposed, levied and collected over
and above all other rates upon the land in respect of which the
said money shall be borrowed, sufficient for the payment of the
principal and interest as provided by the Act.
PASSED the 11th day of December, 1915.
(Signed) E. B. Hoover
Reeve
(Signed) Donald R. Beaton
Clerk
I. Lloyd T. Johnston, Clerk of the Township of Pickering, do hereby
certify that the foregoing is a true and correct copy of By-Law
Number 1048 passed by the Municipal Council of the Township of
Pickering on the 11th day of December, 1915.
CERTIFIED this 18th day of February, 1958.
_a
BY-LAW N UjjBER 1048
A BY-LAW OF THE TOWNSHIP OF PICKERING TO RAISE #10,000.00 TO AID IN THE
CONSTRUCTION OF TILE, STONE OR TIMBER DRAINS.
The Council of the Municipality of the Township of Pickering, pursuant to
the previsions of The Tile drainage Act, ENACTS AS FOLLOWS;
1. That the Roe°9 may from time to time, subJeet to the provisions of
this BT-law, oorrow on the credit of the Corporation of the said
Municipality, such sum not exceeding in the whole #10,000.00, as
may be determined by the Council, and may in manner hereinafter provided,
issue Debentures of the said Corporation in sums of #100.00 each for
the amount so borrowed, with Coupons attached as provided in Section
5 of the said Act.
2. That when the Council shall be of opinion that the application of
any person to borrow money for the purpose of constructing a tile,
stone or timber drain should be granted in whole or in part, the
Council may, by resolution, direct the Reeve to issue Debentures
as aforesaid, and to borrow a sum not exceeding the amount applied
for, and may lend the same to the applicant on the completion of the
drainage works.
3. A special annual rate shall be imposed, levied and collected over
and above all ether rates upon the land in respect of which thi
said money shall be borrowed, sufficient for the payment of the
principal and interest as provided by the Act.
PASSED the 11th day of December, 1915.
(Signed) E. B. Hoover
Reeve
(Signed) Donald R. Beaton
Clark
1, Lloyd T. Johnston, Clerk of the Township of Pickering, do hereby
certify that the foregoing is a true and correct copy of By-law
Number 1048 passed by the Municipal Council of the Township of
Pickering on the 11th day of December, 1915.
CERTIFIED this 18th day of February, 1958.
(Signed) _ natcn
Clerk