agreement. 7. The said agreement shall be executed by the Execution of Mayor and Town Clerk on behalf of the Town of Windsor and sealed with the corporate seal thereof. purposes of 8. The Town Council may make and enact all By-laws for necessary by-laws for fully and effectually carrying agreement. out the purposes of the said agreement and of this Act. from taxation. 9. The Town Council of the Town of Windsor is Exemption hereby authorized and empowered to exempt from assessment beyond the sum of Thirty Thousand Dollars for ten years any building, plant or machinery erected by the Company within the Town of Windsor within two years from the date hereof for manufacturing purposes. CHAPTER 91. An Act to Enable the Town of Windsor to enter into a Contract with the Wentworth Gypsum Company Limited for a Water Supply. (Passed the 19th day of March, A. D. 1926.) Be it enacted by the Governor, Council and Assembly as follows: agreement for I. The Town Council of the Town of Windsor is May enter into hereby authorized and empowered on behalf of the water supply. Town to enter into an agreement with the Wentworth Gypsum Company Limited or its assigns whereby upon the Wentworth Gypsum Company Limited or its assigns agreeing to pay yearly for ten years from this date the sum of Five Hundred Dollars in the manner and time to be agreed upon between the parties the Town of Windsor shall, for a period of ten years next hereafter, subject to the requirements of the Town and its citizens for Municipal and domestic services and subject to the future supply by the Town of the quantity of water now used for manufacturing purposes and subject to such deficiency as may from time to time affect the water supply through causes Agreement to supply water ment of fires. other than the wilful misconduct of the officers of the Town, supply to and at the meter at the Town limits on Wentworth Street for use by the Wentworth Gypsum Company Limited or its assigns for manufacturing purposes not exceeding Nine Hundred Thousand imperial gallons of water per month. 2. The said Town Council on behalf of the Town of for extinguish Windsor is hereby also authorized to make such further agreement with the Wentworth Gypsum Company Limited or its assigns to supply during the said ten years a reasonable and necessary quantity of water for the extinguishment of fires injuring or threatening the property of the Company as the said Town Council may deem proper. Para 6 amended. CHAPTER 92. An Act to Amend Chapter 103 of the Acts of 1898, Town of Windsor. (Passed the 19th day of March, A. D. 1926.) Be it enacted by the Governor, Council and Assembly as follows: I. Paragraph 6 of Chapter 103 of the Acts of 1898 is hereby amended by inserting after the words "Water Street" in the fourth line thereof the following: "Thence running up King Street in a southerly direction sixty-seven feet to the line of the Goudge Lot so called; thence in a southwesterly direction along the line of the said Goudge Lot to the rear or westerly end thereof coinciding with the rear or easterly end of the Sterling Lot so called; thence in a south-easterly direction along the rear line of the Sterling Lot, of the Post Office Lot, of the Christie Lot, of the W. C. T. U. Lot, to the southeasterly corner thereof; thence in a straight line to that point on the northerly side of Gray Street at which the easterly line of lands of W. Estey Cochran intersects Gray Street aforesaid; thence westerly along the northerly side of Gray Street across Gerrish Street to a point one hundred feet in a westerly direction from the westerly side line of Gerrish Street aforesaid; thence in a northwesterly direction parallel to Gerrish Street to the northwesterly side of the Dominion Atlantic Railway; thence along said railway crossing Stannus Street to the Southwestern line of the "Old Curry Lot" so called; thence northwesterly along the line of the "Old Curty Lot" to a point one hundred feet to Water Street; thence southwesterly in a line parallel to Water Street to Albert Street; thence along Albert Street and Water Street to the upper side of the wharf formerly known as Churchill Wharf; thence by the side of said Churchill's Wharf to the river Avon; thence down the said river Avon to the southwesterly side line of lands occupied by the Dominion Atlantic Railway Company; thence in a southwesterly direction along the several side lines of the said lands to the Point on Upper Water Street first intersected thereby; thence crossing Upper Water Street at right angles to the southerly side thereof; thence following the southern boundary of Water Street in a southerly direction to King Street; thence across King Street to the point of beginning". 2. Nothing herein contained shall be construed to Provisions of repeal any of the provisions of the said Chapter 103. repealed. Chapter 103 no t CHAPTER 93. An Act to Amend Chapter 150 of the Acts of 1912, Windsor to Borrow Money. (Passed the 19th day of March, A. D. 1926.) Be it enacted by the Governor, Council and Assembly as follows: Acts 1912, 1. Paragraph 1 of chapter 150, Acts of 1912, is Para 1, Ch. 150 hereby amended by substituting for the words "thirty amended." years" the words "fifteen years, twenty years or thirty years" and adding after the word "thereof" Para 6 amended. Bonds already issued unaffected. at the end of the said paragraph the words "or some in fifteen years, some in twenty years and some in thirty years in the discretion of the Town Council." 2. Paragraph 6 of the said Act is hereby amended by substituting for the words "two per cent. of the amount borrowed under this Act" in the fifth and sixth lines thereof the words "five per cent. of the principal sum in respect of all bonds redeemable in fifteen years, three and one half per cent. of the principal sum in respect of all bonds redeemable in twenty years and two per cent. in respect of all bonds redeemable in thirty years from the date of the said bonds respectively.' 3. Nothing in this Act contained shall affect any bonds heretofore issued under the provisions of the said Chapter. Preamble. CHAPTER 94. An Act to Amend Chapter 143 of the Acts of 1920, Town." (Passed the 19th day of March, A. D. 1926.) WHEREAS under the provisions of the said Chapter 143 of the Acts of 1920, authority is given to the Town Council to issue debentures; AND WHEREAS a portion of the debentures thereby authorized has not been issued and it is desirable that the debentures remaining to be issued should be redeemable in twenty years after the date thereof; Therefore be it enacted by the Governor, Council and Assembly as follows: hereafter issued 1. All debentures hereafter issued by the Town of Debentures Windsor under the provisions of the said Act shall redeemable be redeemable in twenty years after the date thereof. 20 years. already issued 2. Nothing herein contained shall affect any de- Debentures bentures heretofore issued under the provisions of the unaffected. said Act. 3. All provisions of the said Act inconsistent here- Inconsistent with are hereby repealed. provisions of Act repealed. in CHAPTER 95. An Act to Authorize the Town of Wolfville to Borrow (Passed the 19th day of March, A. D. 1926.) Be it enacted by the Governor, Council and Assembly as follows: borrow. 1. The Town of Wolfville is authorized to borrow Authority to or raise by way of loan on the credit of the Town a sum not exceeding Two Thousand Five Hundred Dollars for the purpose of redeeming and retiring at maturity debentures of the Town amounting to Three Thousand Dollars issued under Chapter 131 of the Acts of 1906, and payable on the first day of June A. D., 1926, the sinking fund provided for the purpose not being sufficient. 2. Where any money is borrowed or raised by Sinking Fund. the issue and sale of debentures of the town under this Act and the Municipal Debentures Act the council of the Town shall provide for a sinking fund with respect to such debentures. The amount to be paid annually into the sinking fund shall not be less than three per centum of the aggregate amount of such debentures and shall not be more than the council deems sufficient to provide for the payment of the debentures when the same are payable and the first payment into such sinking fund shall be made within one year from the date of the debentures. |