Debentures, May deliver to the company. Power to supply water. Tax exemption. Conditions. Sydney decided in favor of granting a bonus of fifty thous and dollars, in four per cent. thirty-year debentures of the city to any manufacturing concern establishing a manufacturing plant within the city, costing at least four hundred thousand dollars, and employing permanently at least two hundred and fifty men; Be it therefore enacted by the Governor, Council, and Assembly, as follows: 1. The city of Sydney is hereby authorized to issue its debentures to the amount of fifty thousand dollars, bearing interest at four per centum per annum, and redeemable in thirty years. 2. The city of Sydney is further authorized to deliver to the National Rolling Mills of Canada, Limited, all of said debentures, in the manner and subject to the conditions hereinafter set forth. 3. The city of Sydney is further authorized to supply to the said company, water at the rate of six cents per thousand gallons. 4. The said company shall be exempt from ordinary municipal rates and taxes on its buildings and machinery, excepting rates for the support of schools, water and sewer rates, for a period of ten years from the first day of January, 1908. 5. But all of the above sections are subject to the following conditions.— (a) Before the company shall receive any part of said bonus, the water supply at the above rate, or be entitled to said exemption, it must construct within the city of Sydney a manufacturing plant for the manufacture of bar steel, angle bars, tie plates, pit rails, railway spikes, track bolts and other articles used in connection with building and railway construction, such plant to have a capacity of forty thousand tons of finished material, to cost at least the sum of four hundred thousand dollars, and to continuously employ in the process of manufacturing at least two hundred and fifty regular, permanent employees daily. (b) The capacity, cost of said construction, and num- (c) Said debentures, to the amount of twenty thous- (d) Said debentures, to the amount of ten thousand (e) Said company shall take said debentures at par. (f) The construction of said plant must begin not 6. In order to provide a sinking fund for the payment Sinking fund. of the debentures authorized to be issued under this Act, the City Council shall annually include in the estimates of the sums required for the purposes of the said city, such sums as by resolution of Council may be determined upon, not, however, to be less than one per cent. of the amount borrowed under this Act. CHAPTER 88. An Act to amend an Act of the Present Session, entitled, (Passed the 25th day of April, A. D., 1907.) Preamble. Section 4 amended. SECTION. Preamble. SECTION. 1. Section 4 amended. Whereas, by the agreement or guarantee made, or to be made, by and between the city of Sydney and the National Rolling Mills of Canada, Limited, it was understood that the said company were to be exempted from all rates and taxes. Be it therefore enacted by the Governor, Council, and Assembly, as follows: 1. Section four of an Act passed at the present session of the Legislature, entitled, “An Act to enable the city of Sydney to grant a bonus and exemption from taxation to the National Rolling Mills of Canada, Limited," is amended by striking out the words "rates for the support of schools." CHAPTER 89. An Act to amend Chapter 71, Acts of 1905, entitled, "An persons liable for (Passed the 28th day of March, A. D., 1907.) SECTION. 1. Chapter 71 added to. SECTION. 2. Section 2, Chapter 71, amended. Be it enacted by the Governor, Council, and Assembly, as follows: 1. Chapter 71 of the Acts of 1905 is amended by having Chapter 71 the following sub-section added to section one thereof (1) Every hotel keeper, inn keeper, or keeper of a boarding house or restaurant, within the said town of Glace Bay, shall, within ten days after demand therefor, furnish in writing to the assessors of the said town, or to the town clerk, the name of each and every male person between the ages of eighteen and sixty years, who resides, boards, lodges, dwells or has apartments in any such hotel, inn, restaurant or boarding house. added to. 71, amended. 2. Section 2 is hereby amended by inserting the follow- Sec. 2, Chap. ing words between the words "employed" and "as," in the second line thereof: "and every such hotel keeper, inn keeper, keeper of a boarding house or restaurant, who fails to furnish the names of all such male persons as above set forth," CHAPTER 90. An Act to empower the Council of the Town of Glace Bay to sub-divide and arrange the lists of voters for Whereas, at a regular meeting of the Town Council of Preamble. the town of Glace Bay, in the county of Cape Breton, held on January 8th, 1907, a by-law was passed dividing the said town of Glace Bay into six wards; And whereas, the said by-law has since been approved by the Governor-in-Council and has the full force of law; And whereas, the electoral lists of the said town of Glace Bay, are not in conformity with the present ward system of the said town; Be it enacted by the Governor, Council, and Assembly, as follows: Appointment. Names not to be omitted. Use of existing sts. Lists, how prepared. 1. The Council of the town of Glace Bay shall appoint one or more persons to sub-divide and arrange the lists of voters qualified to vote at town elections, prepared and revised in the year 1907, under sections 128 and 129 of the Towns' Incorporation Act (in this Act called "the existing lists") to conform with the six wards of the said town, as now established. 2. The person or persons so appointed shall not include in said lists the name of any person not registered on "the existing lists," or omit from said lists the name of any person who is registered on "the existing lists" under a penalty in each case of twenty dollars. 3. The persons so appointed shall have access to, and use of "the existing lists," and to the assessment roll or rolls for the town of Glace Bay for the year 1907, for the purposes of this Act, but "the existing lists," and the assessment roll or rolls for the town of Glace Bay for the year 1907, shall not be destroyed or taken out of the custody of the clerk of said town. 4. The existing lists of voters shall be so prepared by the person or persons so appointed as to show in alphabetical order the names of the voters of every ward and polling division into which the town of Glace Bay is divided, for the purpose of holding elections for mayor and councillors, and when so prepared and completed shall be signed by the person or persons so appointed to prepare them, and countersigned by the Mayor, and filed with the Town Clerk on or before the 1st day of July next, and shall thereafter, until a revision is made, as provided by sections 128 and 129 of the Towns' Incorporation Act, be the list of voters qualified to vote at an election of mayor and councillors for said town. 5. The person or persons to be appointed under this Act shall receive such remuneration as the Town Council shall determine. |