tained in the first section of this Act, and for no other purposes. and interest. 4. The town council shall annually add to the amount Provision respecting payment to be rated and levied upon the real and personal property of debentures of the town for general purposes a sufficient sum to pay said interest and the expenses of collecting and disbursing the same, and shall also provide for the payment of the principal of said debentures as they mature as hereinafter provided. 5. (1) The council of the town of North Sydney shall Sinking fund. annually add to the amount to be rated and levied upon the town of North Sydney such sum as the council by resolution determines, not, however, in any case to be less than one per cent. of the amount borrowed under this Act, and such sum shall be rated annually upon the property of the ratepayers of the town liable to assessment, and shall be levied and collected in the same way and with the same remedies as ordinary rates and taxes. (2) Such sums, when so collected, shall be deposited in some chartered bank in the province of Nova Scotia to the credit of an account to be called "The town of North Sydney sinking fund account," and shall with interest thereon, be used for paying off the debentures issued under this Act and for no other purpose. (3) Any member of said council who shall move or second, or put or support by his vote, any motion, resolution or proposal under or in pursuance of which any portion or the whole of the moneys so directed to be held as a sinking fund shall be diverted to any other object, shall be liable to a penalty of four hundred dollars, to be collected at the instance of any ratepayer who may sue therefor, and one-half of said penalty shall be for the benefit of the person so prosecuting, and the other half shall be paid into the treasury of the said town. 6. This Act shall not take effect until the same is Act to be adopted adopted by a meeting of the ratepayers of the town, duly by ratepayers. convened in accordance with the provisions of sections 143 and 144 of the Towns' Incorporation Act. And it shall be lawful for the said meeting to direct the town council to borrow the whole, or from time to time any part, of the sums mentioned and set out in sub-sections a, b, c, of section 1 of this Act. Certificate to be evidence of adoption. Further provision for borrow. ing by town council. 7. A certificate, under the hand of the mayor and town. clerk and under the corporate seal of the town, of a resolution passed under the next preceding section of this Act, shall be conclusive evidence of the adoption of the Act, and of the passing of the resolution provided for in said section. 8. Upon approval by vote of the ratepayers, in accordance with the provisions of sections 143 and 144 of the Towns' Incorporation Act, the town council of the said town is authorized to borrow the said sum of thirty thousand dollars in whole or in part, or in such amounts from year to year, as the said council by resolution declares to be necessary and expedient, but so that the amount so borrowed shall not in the aggregate exceed the said sum of thirty thousand dollars. Under authority of the Acts of the Legislature of Nova The town of North Sydney will pay to the bearer hereof, at the office of the town clerk in the said town, the sum of... .. dollars, in twenty years from the date hereof, and interest for the same at the rate of..... per centum per annum, payable half-yearly, at the said town clerk's office, on presentation of the interest warrants hereto attached. Dated at North Sydney, this ........day of.. CHAPTER 83. An Act to enable the Town of North Sydney to appoint a Be it enacted by the Governor, Council, and Assembly, as follows: 1. authorized to ap point inspector. The council of the town of North Sydney may Town council appoint a competent man to be inspector of buildings, fire limits, private drains and plumbing for the said town, at a salary to be fixed by the council, and the said council is hereby authorized to include the salary of such officer in the amount to be annually rated and levied upon the town. authorized to of inspeccor. 2. The council of the town of North Sydney is hereby Town council authorized and empowered, from time to time, to make, make by-laws ordain, amend and rescind by-laws not inconsistent with defining dutie any statute in force in the town, regulating and defining the duties of such officer, the mode of constructing buildings in the town of North Sydney, or any part thereof, the fee to be fixed for the building permits, the deposit of plans showing the grade line, the building line, the street limits, the defining and setting off of fire limits in the said town, and generally with a view to ensuring the sufficient, safe and proper construction of all buildings hereafter to be erected in the said town, and the security of life and limb and protection against fire, and the fixing of penalties for the due enforcement of such by-laws, which by-laws being approved by the Governor-in-Council shall have the force of law. Chapter 72 of Acts of 1900 amended. CHAPTER 84. An Act to amend Chapter 72, of the Acts of 1900, entitled, "An Act to enable the Town of North Sydney to expropriate land and for other purposes.' (Passed the 4th day of April, A. D., 1901). SECTION 1. Chapter 72 of Acts of 1900 amended. Be it enacted by the Governor, Council, and Assembly, as follows: 1. Chapter 72 of the Acts of 1900 is amended by striking out thereof the words "Nova Scotia Iron and Steel Company, limited," whereever they occur in said chapter, and inserting in lieu thereof the words “Nova Scotia Steel and Coal Company, limited." CHAPTER 85. An Act relating to Sewerage in the Town of North Sydney. SECTION. (Passed the 4th day of April, A. D., 1901). SECTION. Town of North Sydney may acquire title to lands, etc. 19. Act not to take effect till adopted by ratepayers at meeting called under sections 143 and 144, Towns' Incorporation Act. Certificate under seal to be conclusive evidence. Provisions respecting borrowing sum of $75,000. Provisions respecting sinking fund. 23. Penalty for attempting to divert any 14. Provision respecting private drains. Town of North Sydney author-I ized to borrow. Be it enacted by the Governor, Council, and Assembly, as follows: 1. The town of North Sydney is authorized to borrow on the credit of the said town the sum of seventy-five thousand dollars, for the purpose of establishing a system of sewerage and drainage within the town of North Sydney. debentures. 2. The said town shall issue debentures in the form of Issue of schedule "A" to this Act,, redeemable in twenty years, with interest payable half-yearly, which debentures shall be for such amounts as the mayor and town council shall determine such debentures shall be signed by the mayor and town clerk and sealed with the corporate seal of the town of North Sydney, and shall bear interest at a rate not exceeding five per cent. per annum. money borrowed 3. The money borrowed by virtue of this Act shall be Disposition of paid into the hands of the treasurer of the town of North Sydney, and shall be by him paid out as the town council of said town shall determine for the purposes mentioned in the first section of this Act and for no other purpose. payment of de interest. 4. The town council shall annually add to the amount Provision for to be rated and levied upon the real and personal property bentures and of the town for general purposes a sufficient sum to pay said interest and expenses of collecting and disbursing the same, and shall also provide for the payment of the principal of the said debentures as they mature. suitable system drainage. 5. The town council of the town of North Sydney shall Provision for forthwith proceed to provide for the inhabitants of the of sewerage and town of North Sydney a suitable system of sewerage and drainage, and shall for that purpose be empowered to enter into one or more contracts as to them seems most advantageous, or provide by days' work, or enter into contract as to part, as to them seems most expedient, for the construction of suitable works, and the purchase of all requisite materials and apparatus, and the laying of pipes, construction of drains and sewers, and all such works of what kind soever as are necessary or suitable for the purposes afore said. on lands. 6. For constructing a suitable system of sewerage and Power to enter drainage the said town of North Sydney shall have power to enter upon any lands, public or private, within the town of North Sydney, or beyond the lines of the said town if necessary, and to open and excavate the same and lay sewerage pipes thereunder, and to occupy such lands and use the same so long and in such manner as is necessary for such purpose, or for the purpose of repairing such sewers, and restoring such lands as nearly as may be to the condition in which the same were before being entered upon, occupied and used. |