MINUTES - Council - 19110327···-'···.
SEVENTH MEETING 0 F T li E C 0 U N C I L F 0 R
I 9 I I.
The seventh meeting o~ the Council was held on Monday evening
March 27th, I9II, the following membews being present, Mayor Baldwin,
Reeve Knowles and Councillors Bass.ett/ Bond, I>Turnty, Scrivener, Saples
and Steele.
The Mayor in the chair.
The I[ayor explained that~ the meeting had been called to meet a
(/:lo"--,v.L~
deputation from The Rel'~G>t Clutch & Pulley 'Jorks Limited of Toronto
in regard to locating their works in this :,:unicipali ty.
Mr Rook the manager of the Works addressed the 66uncil. stating
the Company would expect a loan of $IO,OOO from the town for a period
of twenty years, exemption from taxes excepting School tax for a period
of ten years and free water for drinking purposes.
Moved by Dr Srivener seconded by J\'r Bond that the Clerk be and is
hereby instructed and authorized to have a bylaw prepared by Solicitor
Lennox to grant the ?ositive Clutch & Pulley Works, Limited of
Toronto A loan of $Io.ooo for a period of twenty years said sum to
be repaid by equal annual instalments extending over a period of Twenty
years xixixFBXBBBi with interest af 5 percent, also a bylaw to exempt
said Company from all taxes (excepting School Tax) fpr a period of
ten years and free water for drinking purposes only. said bylaws to be
advertised in the Aurora Banner for three weeks commencing April 6th/
Carried.
Moved By Dr Scrivener seconded by ::r Bassett that this Council secure
an option from :.:r Mcateer for ninety days for two acres of land off
the south weast corner of his farm for a site for the proposed
Positive Clutch and ?ulleg Works, Limited of Toronto, and that the
Mayor and Councillors Bassett and Scrivener be appointed to attend to
the matter
Carried
Council adjourned to meet at the call of the l ____ ..... ~~