CHAPTER 100. Authority to borrow $12,000. Sinking fund. Interest and sinking fund lawful charges. An Act to Authorize the Municipality of the County (Passed the 18th day of April, A. D., 1922). Be it enacted by the Governor, Council, and Assembly, as follows: 1. The Municipality of the County of Cumberland is authorized to borrow or raise by way of loan on the credit of the Municipality an amount not to exceed the sum of twelve thousand dollars for the purpose of paying off a certain indebtedness of the Municipality occasioned by the Chief Forest Ranger in fighting forest fires during the year 1921, under the provisions of "The Forests and Game Act," being Chapter 2, Acts of 1921. 2. Where any money is borrowed or raised by the issue and sale of debentures of the Municipality under this Act and the Municipal Debentures Act, 1914, as amended, the Council of the Municipality shall provide for a sinking fund with respect to such debentures; provided, that the amount to be paid annually into the sinking fund shall not be less than the Council deems sufficient to provide for the payment of the debentures when the same are payable. (b) the sinking fund so provided, shall be held to be sums required for the ordinary lawful purposes of the Municipality and shall be levied and collected in the same manner and in all respects as other sums required for the ordinary lawful purposes of the Municipality are raised, levied and collected. 4. Such debentures shall be payable in five years Debentures, from the date thereof and shall be for five hundred dollars each. CHAPTER 101. An Act to Enable the Municipality of the County of (Passed the 29th day of April, A. D., 1922). Be it enacted by the Governor, Council, and Assembly, as follows: borrow and 1. The Municipality of the County of Kings is Authority to hereby authorized and empowered to borrow, upon issue debenthe credit of the said Municipality, a sum not exceed-tures. ing forty thousand dollars for the purpose of purchasing a site and for the erection of a County Home for the purpose of the said Municipality, and, in order to secure the repayment of the money so borrowed, to make and issue debentures bearing interest payable semi-annually at a rate not to exceed six per centum Such debentures shall be for one hunper annum. dred dollars each or multiples thereof, payable ten years from date thereof, and shall be sealed with the municipal seal and signed by the Warden and Clerk of the Municipality and interest coupons thereto shall be signed by the Clerk of the Municipality. 2. Such debentures shall be subject to the provi-Lien. sions of the Municipal Debentures Act, 1914, and amendments thereto, and shall form a lien upon and be a charge against all the property liable to taxation within the said Municipality of Kings. 3. The money so borrowed shall be deposited with Money, how the Treasurer of the Municipality and shall be by him applied. paid out for the purposes mentioned in the first section of this Act, and for no other purpose. Sinking fund. Interest, 4. Where any money is borrowed or raised by the issue and sale of debentures of the Municipality under this Act and the Municipal Debentures Act, 1914, as amended, the Council of the Municipality may provide for a sinking fund with respect to such debentures; provided, that the amount to be paid annually into the sinking fund shall not be more than the Council deems sufficient to provide for the payment of the debentures when the same are payable. 5. The Municipal Council shall annually place in the estimates and add to the other amounts to be assessed and levied upon the Municipality a sum sufficient to pay the said annual interest coupons and the said sinking fund with expenses of collection, and such sum shall be assessed, levied and collected at the same time and in like manner as the other sums provided for in said estimates now are or hereafter may be assessed, levied and collected. CHAPTER 102. An Act Respecting Certain Funds and Assessment of the County of Kings. (Passed the 18th day of April, A. D., 1922). Be it enacted by the Governor, Council, and Assembly, as follows: The sum of three thousand five hundred and eightyfive 18/100 dollars ($3585.18/100) levied and collected under the provisions of Chapter 136 of the Acts of 1910, in excess of the amount required for the purposes of said Chapter and now amounting to the said sum and no longer required for the purposes of the said Act, shall be allotted to the said several wards in the said Municipality upon which the sums were levied in the proportion as the same were so made, levied and collected, that is to say, Ward 3, fifteen per cent. of said amount; Ward 4, forty-five per cent. of said amount; Ward 5, twenty-five per cent. of said amount and Ward 14, fifteen per cent. of said amount. And it is further provided that the said several sums as herein before provided shall be credited to the said several wards on account of and in payment for such amount as provided in the General Assessment for general purposes for the year 1923, and that the taxes for the year 1923 shall be reduced by the said several amounts for said several wards, and that the Municipal Assessment to be made and levied upon said wards be adjusted accordingly. CHAPTER 103. An Act to Change the Name of the District Heretofore Called "Baxter's Harbour Mountain," in the County of Kings, to "Glenmont." (Passed the 18th day of April, A. D., 1922). Be it enacted by the Governor, Council, and Assembly, as follows: The name of the District heretofore called "Bax-Name of dister's Harbour Mountain," in the County of Kings, drict changed. is hereby changed to, and said District shall henceforth be known by, the name of "Glenmont." CHAPTER 104. An Act to Enable the Inhabitants of Upper Church Lighting. (Passed the 29th day of April, A. D., 1922). Be it enacted by the Governor, Council and Assembly, as follows: Interpretation. 1. In this Act unless the context otherwise requires: Boundaries. (a) the words "Upper Church Street" means Upper Church Street, in the County of Kings, as hereby and herein delimited; (b) the word "Commissioners" means the electric light commissioners for Upper Church Street aforesaid, and the word "commissioner" shall signify one of said commissioners. (c) the word "Elector" means a person qualified as an elector as defined by Section 16 of this Act; (d) the word "Clerk" means the clerk and treasurer appointed by the commissioners. 2. For the purposes of this Act, Upper Church Street shall be bounded as follows: Beginning at the interesection of Belcher Street and Parish Road following said road to the southwest corner of lands of Owen Kidston; thence easterly and northerly by said lands to the southwest corner of land of Albert Johnson; thence easterly and northerly by said lands to Church Street, so-called; thence easterly by said Street to the southeast corner of lands of Owen Kidston; thence northerly and westerly by said lands to the southeast corner of Dyke lands of A. S. Clerk; thence northerly by said lands to Cochrane Creek, so-called; thence westerly by said creek to the northwest corner of Dyke lands of Owen Kidston; thence southerly by said lands to the southeast corner |