BYLAW - Borrow Money - 19130702 - 373131
E Y l A W N o.3.
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To Authorize the Mayor and Treasurer to borrow money to meet
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the current expenditure of the Municipality until the taxes are
paid.
WHEREAS IT IS DESIREABLE TO give the Mayor and Treasurer
authority to borrow sufficient money to meet the current expen
4.
diture of the Municipality until the taxes are paid for the
year 1913 in pursuance of the Municipal Act of 1903c
Therefore the Municipal Council of thecTown of Aurora enacts
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as follOw5.
1st. That the Mayor and Treasurer of the Town of Aurora be
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and they are hereby Authorized to to borrow on the credit of
the Corporation of Aurora from any person or persons, bank ar
banks the sum "t not exceeding in the whole,
i
Dollars to meet the current expenditure of the
Municipality of the town of Aurora for the balance of the year
1913 until such times as the taxes levied therefor can be
collected and make and give a promisary note or notes of the
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Corporation therefor and to renew the same from time to time
as may be necessary and to sign the said promisary note or notes
and renewals as such Wayor and Treasurer on behalf of the said
Corporation and affix the Corporate seal thereto
Passed this day
of July A. D. l9 --���
Mayor
Clerl
w.