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part of which, or near which the railway or works of the said company shall pass or be situated, or which may be benefited thereby, to aid and assist the said company by loaning, or guaranteeing, or giving money by way of bonus, or other means to the company, or issuing municipal bonds to or in aid of the company, and otherwise in such manner and to such extent as such municipalities or any of them shall think expedient; Provided always that no such aid, loan, bonus or guarantee shall be given, except after the passing of by-laws for the purpose, and the adoption of such by-laws by the ratepayers, as provided in the Railway Act:"

And whereas the municipality of the united townships of Dysart, Guilford, Dudley, Harburn, Harcourt and Bruton has determined to aid and assist the said Peterborough and Haliburton railway company, by giving thereto the sum of twentyfive thousand dollars by way of bonus, under the authority conferred by the said above recited Act:

And whereas to carry the last recited object into effect, it is necessary for the said municipality to issue debentures for the said sum of twenty-five thousand dollars, bearing interest at the rate of six per cent per annum, payable in the manner hereinafter provided:

And whereas the amount of the whole ratable property of the said Municipality, according to the last revised assessment roll of the said municipality, being for the year one thousand eight hundred and sixty-nine, was one hundred and thirty-five thousand six hundred and thirty-four dollars:

It is therefore enacted by the council of the corporation of the municipality of the united townships of Dysart, Guilford, Dudley, Harburn, Harcourt and Bruton, in the county of Peterborough and Province of Ontario:—

I. That it shall and may be lawful for the said municipality to aid and assist the Peterborough and Haliburton railway company, by giving thereto the sum of twenty-five thousand dollars.

II. That it shall be lawful, for the purposes aforesaid, for the Reeve of the said municipality to cause any number of debentures to be made for such sums of money as may be required for the said purpose, not less than twenty-five dollars each, and not exceeding in the whole the amount of twenty-five thousand dollars, which said debentures shall be sealed with the seal of the said municipality, and be signed by the Reeve and Treasurer thereof.

III. That the said debentures shall be made payable at the office of the Bank of Toronto, in the Town of Peterborough,

and

and shall have attached to them coupons for the payment of interest at the rate and in the manner hereinafter mentioned; such debentures being made payable for the following amounts at the following times, that is to say, on the thirtieth day of December in each of the following years there shall become due and be paid, namely:

1871, five hundred dollars.

1872, six hundred and twenty-five dollars. 1873, seven hundred and fifty dollars.

1874, eight hundred and seventy-five dollars. 1875, one thousand dollars.

1876, one thousand dollars.

1877, eleven hundred and twenty-five dollars.
1878, eleven hundred and twenty-five dollars,
1879, twelve hundred dollars.

1880, twelve hundred and fifty dollars.
1881, thirteen hundred and seventy-five dollars.
1882, fourteen hundred and fifty dollars.

1883, fifteen hundred and twenty-five dollars.

1884, sixteen hundred and twenty-five dollars.

1885, seventeen hundred and twenty-five dollars.

1886, eighteen hundred and fifty dollars.

1887, nineteen hundred and fifty dollars. 1888, two thousand dollars.

1889, two thousand and fifty dollars.

Making in all the sum of twenty-five thousand dollars.

IV. That the said debentures shall bear interest at and after the rate of six per cent. per annum, from the date thereof, which interest shall be payable half yearly on the thirtieth days of June and December in each year at the Bank of Toronto in the said town of Peterborough.

V. That for the purpose of paying the said debentures and the interest thereon as aforesaid, there shall be raised, levied, and collected a special rate in each year in addition to all other rates, upon all the ratable property in the said municipality, during the said term of twenty years from the coming into effect of this by-law, unless such debentures shall be sooner paid, and such rate shall be sufficient to pay the debentures falling due and all interest on the then outstanding debentures hereby authorized to be issued falling due within the year for which such rate is levied.

VI. That this by-law shall take effect on, from and after the thirtieth day of December, one thousand eight hundred and sixty-nine.

VII. That the debentures to be signed and sealed as aforesaid, shall be delivered by the reeve of the municipality to the trustees appointed (or to be appointed) in accordance with the

eleventh

eleventh section of the Act incorporating the Peterborough and Haliburton Railway Company.

VIII. And it is further enacted by the municipal council aforesaid, that the votes of the electors of the said municipality will be taken on the proposed by-law at the following place, that is to say at the school-house in the village of Haliburton, on the 19th day of August, A. D. 1869, commencing at the hour of nine o'clock in the forenoon and closing at five o'clock in the afternoon of the same day, and that the following person shall be returning officer for taking the said votes, namely, James R. Erskine, clerk of the said municipality.

Preamble.

How the Com

pany may ex

pend certain bonuses.

CAP. XLI.

An Act to amend the Act passed in the Session held in the thirty-first year of Her Majesty's Reign, chaptered forty, intituled an Act to Incorporate the Toronto Grey and Bruce Railway Company, and the Act passed in the Session held in the thirtysecond year of Her Majesty's Reign, chaptered eighty-two, amending the same.

WHEREAS

[Assented to 24th December, 1869.]

HEREAS the Toronto Grey and Bruce Railway Company have prayed for certain amendments of their charter, and for an extension of the powers conferred upon them thereby; Therefore Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

1. The said company may expend the bonuses in aid of the said company, granted by the Corporation of the City of Toronto, and granted, or hereafter to be granted by any municipality, through or near which the said railway is to pass, between the City of Toronto and the villages of Mount Forest or Arthur, or a point on the town line between the townships. of Arthur and Luther, in the construction of the said railway, from a point on the Grand Trunk Railway, at or near the village of Weston, to the village of Mount Forest, or the village of Arthur, or a point on the Garafraxa Road between the same, or a point on the town line between the townships of Luther and Arthur (less such amount as may be required to be expended between Weston and Toronto), the same to be expended pro rata upon each mile of the said portion of the said rail

way.

2. Section seven of the said Act chaptered eighty-two is 32, V. ch. 82, hereby repealed, and the two following sections are hereby s. 7, amended. substituted therefor.

struction of

3. The said company may build any part of their said Provision as to railway to the west or north-west of the township of Arthur place of conor village of Mount Forest, or the said town line between the part of railsaid townships of Luther and Arthur by sections.

way.

4. Any municipality or county municipality, to the west or Powers of cernorth-west of the township of Arthur or village of Mount tain municipalities as to Forest, or the said town line between the townships of Luther bonuses. and Arthur, which shall grant a bonus in aid of the said railway, shall be at liberty to grant the same, for the purpose of aiding in the construction and equipment of any such section of the said railway, as such municipality shall deem expedient; provided that the section, for which the same is granted, be declared by resolution of the Council of any such Municipality, a copy of which resolution shall be handed to the trustees appointed under the said Act, chaptered forty, at the time of the delivery to them of the debentures issued for such bonus; and no such bonus shall be applied or used in the construction of any other section than that for which the same may be granted.

5. In case the majority of the persons rated on the last Provision as to Assessment Roll as freeholders, as may be qualified voters by-laws, under the Municipal Act, in any portion of a Municipality, do petition the Council of such Municipality to pass a by-law as hereinafter set out, such petition to define the metes and bounds of the section of the Municipality within which the property of the petitioners is situated, or in the case of a County Municipality the majority of the Reeves and Deputy Reeves for those townships that may be asked to grant a bonus, do petition the Council of such County Municipality to pass a by-law as hereinafter set out, and in such petition do define the townships for which they are respectively the Reeves and Deputy Reeves, and expressing the desire of the said petitioners to aid in the construction of the said railway, by granting a bonus to the said company for this purpose, and stating the amount which they so desire to grant and to be assessed therefor, the Council of such municipality shall pass a by-law, provided the said by-law shall be approved of by the majority of the qualified voters in the portion of the municipality petitioning as aforesaid, in the manner required by the Municipal Act.

bentures for bonuses,

(1). For raising the amount so petitioned for by such free- to issue deholders, or such Reeves and Deputy Reeves, in such portion of the Municipality, by the issue of debentures of the Municipality, payable in twenty years, and for the delivery to the said trustees of the debentures for the amount of said bonus at the times and on the terms specified in said petition;

to impose a

ment.

(2). For assessing and levying upon all the ratable prorate for repay perty lying within the section defined by said petition, an equal annual special rate, sufficient to include a sinking fund, for the repayment of the debentures with interest thereon, said interest to be payable yearly or half-yearly; which debentures the Municipal Councils, and the Wardens, Reeves and other officers thereof, are hereby authorized to execute and issue in such cases respectively.

Municipal and

recited Acts to

uses and bylaws.

6. The provisions of the Municipal Acts, and of the said apply to bon- recited Acts chaptered forty and eighty-two, and of this Act, as to the bonuses granted by any municipality, and the by-laws for granting the same, shall apply to any bonus so granted, or by-law so passed by or for a portion of a Municipality.

Townships.

County Coun- 7. That any County in which are situated a Township or cil may ex- Townships that have granted or hereafter may grant a bonus change County Debentures for or bonuses in aid of the said Railway Company, shall be at those issued by liberty to take the debentures issued by such Township or Townships, and in exchange therefor to hand over to the Trustees under said Railway Act the debentures of the County, on a resolution being passed to that effect by a majority of the County Council.

Preamble.

Amendment

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An Act to amend the Act passed in the thirty-first year of the reign of Her Majesty, chaptered forty-one, intituled An Act to incorporate the Toronto and Nipissing Railway Company, and the Act amending the same, passed in the thirty-second year of the reign of Her Majesty, chaptered eighty-three.

[Assented to 24th December, 1869.]

HEREAS the Toronto and Nipissing Railway Company have prayed for certain amendments of their charter, and for an extension of the favors conferred upon them thereby; Therefore Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:-

1 That the sixth section of the said Act thirty-two Victoria, of 32 Vic. ch. chapter eighty-three, shall be amended by striking out the word "construction" and inserting the word "commencement" in lieu thereof.

83, 8. 6.

Power to con

2. That the said Company shall have power to build their

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