By-laws 169, 211, 212, 148, ed valid. been taken within the limits of the city of Winnipeg, as referred to in said sub-section, shall belong to said outside municipalities. 6. That by-law numbered one hundred and ninety-nine, 195, as amend passed by the mayor and council of the city of Winnipeg and intituled: "A by-law to raise one million dollars by debentures for permanent improvements in the city of Winnipeg," By-law No. 211, entituled: "A by-law to authorize the issue of debentures for the sum of eighty thousand, and three hundred dollars for the purpose of purchasing certain bridges over or across the Assiniboine river within the city of Winnipeg;" By-law No. 212, intituled: "A by-law to authorize the issue of debentures to raise the sum of five thousand pounds sterling, to expend in improvements as required by sub-sections seven and eight of section number one hundred and sixty-five of the consolidated Act of incorporation of the city of Winnipeg;" By-law No. 148 to authorize the issue of debentures granting by way of bonus to the Canadian Pacific Railway Company the sum of two hundred thousand dollars in consideration of certain undertakings on the part of the said company; and By-law 195 amending by-law No. 148 and extending the time for the completion of the undertakings expressed in by-law No. 148, by the Canadian Pacific Railway Company and all debentures and coupons for interest issued under each and every of the said by-laws, be and the same are hereby declared legal, binding and valid upon the said the mayor and council of the city of Winnipeg, and the said the mayor and council shall pay the said debentures and coupons and each and every thereof according to the tenor thereof, when they and each of them shall respectively become due and payable. Preamble CAP. LXV. An Act to legalize By-law No. 43 of the Municipality of [Assented to 7th July, 1883.] Whereas the By-law hereinafter mentioned was duly passed by the Council of the Municipality of Minnedosa on the 25th day of June, A.D., 1883. And whereas doubts have arisen as to the validity of the said by-law, and it is desirable to remove all such doubts in respect thereof and of the debentures and coupons to be issued thereunder ; Therefore, Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Manitoba, enacts as follows: alized. 1. By-Law No. 43 of the municipality of Minnedosa set By-law 43 legforth in the schedule hereunto annexed marked "A," is and every clause, matter and thing therein contained are hereby legalized and confirmed and decreed valid and effectual to the full intent and purpose for which the same was and were passed and the debentures to be issued thereunder and the coupons to be thereto attached shall be legal and binding upon the said municipality of Minnedosa as it existed at the date of the passing of said by-law according to the tenor and effect thereof, and it is hereby declared and decreed that the said debentures and coupons respectively and each of them shall when issued be a lien and charge upon the ratable property of the said municipality for the respective amounts thereof. SCHEDULE A." (BY-LAW NO. 43.) A By-law to authorize the issue of debentures of the muni- Text of by-law cipality of Minnedosa to the amount of sixteen thousand dollars, to be expended in the construction of public works in the said municipality. Whereas by chapter three of the Act of the parliament of Manitoba, passed in the forty-fourth year of Her Majesty's reign, intituled "An Act respecting Municipalities," and amendments thereto, the council of the municipality of Minnedosa are empowered, among other things, to pass by-laws for contracting debts by borrowing money or otherwise, and for levying rates for payment of such debts on the ratable property of the municipality, to assist in the building of bridges or other public works in the said municipality under the formalities in said Act contained; And whereas, the said council have already proceeded with the building of the bridges in the said municipality, and there exist debts and liabilities on the municipality to the extent of four thousand three hundred dollars which it is necessary to clear off, it is deemed expedient to issue and negotiate debentures on the credit of the said municipality to the amount of sixteen thousand dollars, payable in twenty years with interest thereon at the rate of eight per cent. per annum payable yearly; And whereas, the amount of the whole ratable property of the said municipality, according to the last revised assessment roll, is nine hundred and eighty two thousand six hundred and eighty dollars; And whereas, the sum of seventeen hundred and eighty four dollars will be required to be raised annually by special rate for paying the interest on and for creating a sinking fund for paying the debt to be credited by the said debentures on the days and times when the same shall become payable under this by-law; And whereas, the total amount which will be required to be raised annually by special rate for paying the interest on the principal of said debt will be twelve hundred and eighty dollars; And whereas, to pay the interest on the principal of the said debt as aforesaid, there will be required to be imposed an annual special rate of one and thirty-one hundredth mills on the dollar on the amount of the said ratable property; And whereas, to create an equal yearly sinking fund to pay the principal of the said debt, as aforesaid, there will be required to be imposed an annual special rate of fifty-one-hundredth mills on the dollar upon the amount of the said ratable property. Therefore, the said council of the municipality of Minnedosa enacts as follows: 1. That for the purpose aforesaid the sum of sixteen thousand dollars be raised by loan on the credit of the municipality and that debentures be issued by the said council in sums of not less than one thousand dollars each and not exceeding in the whole the said sum of sixteen thousand dollars. 2. That the said debentures shall be made payable on the first day of July in the year A. D. 1903, and shall bear interest at the rate of eight per centum per annum to be payable yearly on the first day of July. 3. The said debentures may, both as to principal and interest, be made payable at any place or places in Great Britain, Ontario, Quebec, Manitoba or elsewhere, and may be expressed either in sterling money of Great Britain or the currency of the Dominion of Canada. 4. That of the said sum of sixteen thousand dollars so much thereof as shall be found necessary shall be expended in building and finishing the said bridges, of the remainder, four thousand three hundred dollars shall be used in extinguishing the existing debt and liabilities of the municipality, and the balance remaining shall be expended in public improvements in the several wards of the municipality according to the amount of their respective assessment. 5. That the annual special rate of one and thirty-one-hundredth mills on the dollar upon the said assessed value of the whole of the ratable property in the said municipality, according to the last revised assessment roll thereof, over and above all other rates and taxes, shall be raised, levied and collected annually from the year A. D. 1883, until the year A. D., 1903, inclusive, for the purpose of paying the interest on the said loan or debt of sixteen thousand dollars, as aforesaid. 6. That the annual special rate of fifty-one hundredth mills on the dollar upon the said assessed value of the whole of the ratable property in the said municipality according to the last revised assessment roll thereof over and above all other rates and taxes shall be raised, levied and collected annually from the year A.D. 1883 until the year 1903 inclusive, for the purpose of creating a sinking fund to pay the said loan or debt of sixteen thousand dollars, as aforesaid. 7. The votes of the electors qualified to vote on this bylaw will be taken on the eighteenth day of June, A.D. 1883, from the hour of nine o'clock in the forenoon until the hour of four o'clock in the afternoon and that the polls shall be held at the following places : That the following persons be and are hereby appointed returning officers for the polls set opposite their respective 8. That each returning officer be paid four dollars for taking the votes and ten cents per mile each way from polls to to the clerk's office for returning the poll books. 9. This by-law shall take effect from and after the first day of July, A.D. 1882. Done and passed in council at the town of Minnedosa, this twenty-fifty day of June, A.D. 1883. Preamble. Annual levy to be made to pay CAP. LXVI. An Act relating to certain By-Laws of the Town of Portage la Prairie and of the Municipality of Westbourne. [Assented to 7th July, 1883.] Whereas, the corporation of the municipality of Westbourne did pass a by-law, bearing date twentieth day of May A.D. 1881, for issuing debentures of the said municipality to the amount of seventy-five thousand dollars, in aid of the railway company, then called the Westbourne and NorthWestern Railway Company, but there is no provision therein for levying a rate or rates to meet the several debentures issued, or to be issued, under such by-law, and the interest thereon, as the same become payable, and it is expedient to provide therefor. And whereas the corporation of the town of Portage la Prairie did pass a by-law, bearing date the sixteenth day of May, A.D. 1882, numbered 37, for issuing debentures of the said corporation to the amount of one hundred thousand dollars, to aid in the construction of the said railway, which bylaw was, by the Act of the Legislative Assembly of the Province of Manitoba, declared legal and valid; but an error was made in inserting therein certain words, which are hereinafter mentioned and struck out. And it is expedient to provide that the said company, by whatever name it may be called, shall observe and carry out the stipulations and conditions in the said by-law mentioned. Therefore Her Majesty, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows: 1. The corporation of the municipality of Westbourne shall interest and raise and levy in each year, during the currency of the de sinking fund. |