THE DAILY NEWS

ednesday, January 44, 1944

 

 

 

 

 

ee — ——_—-

ss

 

ments of the City of Prince Rupert is in
sufficient and it is deemed advisable to
erect a building upon the said piece of
land for the purpose of providing addi
tional accommodation for the use of the
various Municipal institutions

AND WHEREAS for the purpose of pay
ing for such building the sum of Fifty
Thousend Dollars ($50,000.00) will be
required, and it is deemed advisable to
provide that sum by the issue of deben
tures extending over a period of twenty
(20) years, and bearing interest at the
rate of Tive per cent. (5%) per annum;

AND WHEREAS a petition duly signed
by the-required number of property own
ers of the said City requesting the Muni-
cipal Council to introduce this bylaw has
been presented to the City Council and
this bylaw has been introduced pursuant
to this petition;

AND WHEREAS the
the land and improvements
cipality according to. the
assessment roll, namely, the
roll for the year 1918, is
Millions Two Hundred and
sand Nine Hundred and
$28,215,980.00

AND WHEREAS the aggregate debt ow
ing by the said City exclusive of debts
for works of local improvement and school
purposes does not exteed One Million Two
Hundred and Fourteen Thousand Dollars
($1,214,000.00) nor does it exceed twenty
per cent. (20%) of the assessed value of
lands and improvements according to the
jast revised assessment roll;

AND WHEREAS the annual sum neces
sary for the payment of the interest dur-
ing the currency of the debentures to be
issued hereunder is Two Thousand Five

at the rate of three and one-half per cent
(346%) per annum;

AND WHEREAS the total amount of
ratable land and improvements tn the City
of Prince Rupert according to the last
revised assessment roll, namely the assess-
ment roll for the year 1913 is Twenty-
eight Millions Two Hundred and Pifteen
Thousand Nine Hundred and Eighty Dol
lars ($28,215,980.00);

AND WHEREAS the aggregate debt ow
ing by the said City exclusive of debts
for works of local improvement and school
purposes does not exceed One Million
Two Hundred and Fourteen Thousand
Dollars (8$1,214,000.00) nor does it ex
ceed twenty per cent. (209%) of the value
of the assessed lands and improvements
according to the last revised assessment
rot;

AND WHEREAS this bylaw cannot be
altered save with the consent of the Lieu
tenant Governor tn Council;

AND WHEREAS 4a petition duly signed
by the required number of property own
ers of the said City requesting the Muni
cipal Council to introduce this bylaw has
been presented to the City Council and
this bylaw has been introduced pursuant
to this petition

NOW THEREPORE THE MUNICIPAL
COUNCIL OF THE CITY OF PRINCE RU
PERT ENACTS AS FOLLOWS:

1. This bylaw shall) take effect
Thirty-first day of January, A. D.
2. It shall be Jawful for the
Prince Rupert to erect extensions to the
present electrical pole system so as to
meet the requirements of the inhabitants
of the City of Prince Rupert, such exten-
sions to be laid out by the Superintendent
of Lighting of the City of Prince Rupert,
subject to the approval of the Municipal
Council of the City of Prince Rupert. The|tundred Dollars ($2,500.00
plans for such exfensions shall be pre AND , > AG ‘the Pe edi sary to
pared by the Superintendent of Lighting,|pe set Sous aaa gl eer oui
approved by the Council and fyled in the/rund to discharge the debt authorized to
office of the said Superintendent of Light: [he created by this bylaw ts the sum of
ing. The said plans may from time to|One Yhousand Seven Hundred and S:xty-
ume be altered or added to and in case}eignt Dollars and Five Cents ($1,768.05)
of any such alteration or adition the said] per annum, and tt ts proposed to set aside
plans shall be also approved in the same} such annual sum by depositing the same
manner as the origina! plans and shall be annually at interest in a chartered bank
tyled in @ similar manner; or trust company in Canada, or by invest

3. For the purpose of paying for the/ing the same in any manner that a muni-
said extensions hereby authorized the City] sipal corporation may legally adopt;
of Frince Rupert is hereby empowered to} “AND WHEREAS the amount to be raised
create a debt of Forty-five Thousand Dol-Jannually for the payment of the -aid debt
lars ($45,000.00) which debt shall be}j. arrived at by estimating the interest to
payable in twenty (20) years from the| be derived from the annual investment of
Second day of January, A. D. 1914, fOr) such amount at the rate of three aad onv-
which debt debentures shall be issued to} naif per centum (3%%) per unum;
be secured in manner hereinafter appear- AND WHEREAS_ this bylaw. cannot be
Oe ae eas. wg altered save by the consent of the Lieu
Hundred and Fifty Dollars. ($2,250.00) is tenant Governor in Council;

necessary for the payment of interest each NOW 7 sREF( ; > My
year during the currency of the said de OnE, eae ae ey aaitce “fig
bentures and the sum of One Thousand| ppery ENAC . ¥ oe R
Five Hundred and Ninety-one Dollars and BRT SNACKS ‘AS FOLLMar?

1, This bylaw shall take effert on the

Twenty-five Cents $1,591.25) is neces
to be set aside annually during the] phirty-first day of January, 4. b. 1414
currency of the said debentures for the 2. It shall be lawful “or the Corporation
purpose of forming a sinking fund with|of the City of Prince Rupert to erect on
which to pay the said debt and debentures,the hereinbefore recited piece of land the
at maturity, the said sum of One Thou property of the City of Prince Rupert a4
sand Five Hundred and Ninety-one Dollars| public building to be used for the accom-
and Twenty-five Cents ($1,591.25) to be|modation of the vartons municipal institu-
raised annually as a sinking fund beingj|tions of the City of Prince Rupert, such
such that together with the profits accru-|pbublic building to be according to plans
ing from the investment thereof at the/and specifications to be prepared by the
interest rate of three and one-half per! City Engineer, and approved by the Muni-
cent. (344%) per annum during the cur-| cipal Council of the City of Prince Rupert,
rency of said debentures ! be suffi iwnich pians may from time to time be
cient to discharge the said debt when|/altered, amended or added to during the
due; construction of said work if the said
a. Municipal Council shall see fit; in any of
such cases the plans of such alterations,
amendments or additions shall be approved
as above provided for as to the original
plans, the intent of this bylaw beingthat
the City in constructing the said building
hereby authorized shall have full author-
ity to make the said building such as will
best meet the requirements of the various
municipal institutions of the City;
3. For the purpose of paying for the
onstruction of the said building hereby
uthorized the City of Prince Rupert is
empowered to create a debt of
Thousand Dollars ($50,000.00)
debt shall be payable in twenty
years from the Second day of Janu-
ary, A. D. 1914, for which debt deben-
tures shall be issued and secured in a
manner hereinafter appearing;
4. The sum of Two Thousand Five
fundred Dollars ($2,500.00) is necessary
urer upon the recommendation of the |}for the payment of interest each year dur-
Council in such securities or in such|jng the currency of said debentures and
manner as is permitted by law, including|the sum of One Thousand Seven Hundred
the hereinbefore recited investments; and Sixty-eight Dollars and Five Cents
7. There shall be issued any number of} (¢14,768.05) is necessary to be set aside
debentures to be made for such sums @8$]annually during the currency of the said
may be required for raising the uebentures for the purpose of forming a
of Forty-five Thousand Dollars (845,000, inking fund with which to pay the said
00) and said debentures may be expressed|qehpt and debenture at maturity. The
either in currency or sterling money, Pay-|said sum of One Thousand Seven Hundred
able-in gold coin, for not less than $100.00)and Sixty-eight Dollars and Five Cents
currency or £20 sterling each, and not] ($1,768.05) to be raised annually as a
exceeding the said sum of Forty-five|sinking fund being such that together
Thousand Dollars ($45,000.00) and the|with the profits accruing from th einvest-
debentures shall be duly prepared,| ment thereof at the interest rate of three
sold for the purpose afore-|and one-half per cent. per annum during
the currency of the said debentures shal!
be sufficient to discharge the said debt
when due;
5. The said sum

MUNICIPAL NOTICE permitted by law, including the hereinbe-
fore recited investments;
7. There shail be issued any number of
debenturcs ty be made for such sums as
may be required for raising the said sum
of Sixty Thousand Doliars (800,vu00.00)
and said debentures may be expressed
either in currency or steriing Muouey pay
able in gold coin four not less than $100.00
currency or £20 sterling each, and not ex-
ceeding. the said sum of Sixty Thousand
Dollars ($60,00,00) and the said deben
tures shall be duly prepared, executed and
sold for the purpose aforesaid;
8. The said debentures shall be deemed
to have been properly executed by being
signed by the Mayor and the Treasurer oi
the said City and shall be sealed with its
corporate seal;
¥. ‘the said debentures shall bear date
the Second (2nd) day of January, A. Db.
i9i4, and shall contain @ promise to pay
the principai of the said debentures and
also the interest thereon at the rate ot
five per cont (6%) per annum, payable
half yearly, on the First (418t) day o
January and the First (18t) day ot July
each year and may be with or without
coupons attached thereto for the payment
of interest and in case coupons shall be
attached to said debentures each of said
coupons shall be equivalent to one hall
year's interest at the rate of five per cent
(5%) per annum upon the amount of the
debenture to which they shail be respect
ively attached, ope coupon being made
payable each six months from the date of
ihe said debentures, Ip Case the whole of
the six months interest shall not have ac
crued before the first day of July next
the difference shali be adjusted in the
first payment of interest. The said cou
pons shall be deemed to have been prop
erly executed by each one having written,
Stamped, printed or lithographed thereon
the names of the Mayor and Treasurer o/
the said City. bkach coupon shall be num
bered with the number of the debenture
to which it is attached;
10. The said debentures shall be made
payable at any place it ELugiand, the
Uuiled States or Canada therein set out;
11. The amount of the said coupons for
interes! shall be payable at aby of the
places in ékngland, the United Slates or
Canada Werein set oul;
12, The said debentures and the cou-
ons attached thereto shall be deemed 4
valid and binding charge upon the ratabie
jand in the City of Prince Kupert and upon
the City of Prince Rupert;
18, The amount of the debt authorized
by this bylaw is subject to consolidation
with the debt authorized by any other by
laws of the said City passed for the issu
and sale of debentures, and botwilusiand
ing anything herein contained authorizing
and directing the issue and sale of deben
HEREAS the Gly of Prince upert at] teeta tne Citar hace nupert console
it vperates its own telephone SY5-ldated stock may be issued in the place
and such sysiem is now insufficient) ang stead of the debentures to the amount
rve the requirements of the Citizens} or the debt. This section shall apply only
Prince Kupert and it has become heces-]i) so tar as the City may be eimpowerea
to unprove and extend the said] py jaw so to do.
i4. lt shall be lawful
during the construction of the extensions
to the Telephone System hereinbefore
mentifhned to borrow money from any
bank or other person willing to advance
the same at interest to be agreed upon tor
the purpose of paying for the said exten
sions and for such loan to hypothecat
the debentures to be issued hereunder,
provided tat such ivoah With the interest
agreed to be paid to such bank or person
shall be repaid out of the sum of money
realized upon the sale of the said deben
tures The Council may sell said debel
tures at less than par if it is found neces
sary or advisabie to do 80
PASSED THE MUNICIPAL COUNCIL
THE COKPORATION OF THE CITY
PRINCE RUPERT THE 20TH DAY
DECEMBER, 1913,
T. D. PATTULLO,
ERNEST A. WOODS,

TAKE NOTICE that the above is a true
copy of the proposed bylaw to raise Sixty
Thousand Dollars ($60,000.00) upon whica
a vote of the municipality will be taken at
the Council Chamber, City Hall, on the
Fifteenth day of January, A. D. 1044, from
the hour of 9:00 a. m. until the hour ol
7:00 p. m

ERNEST A. WOODS, City Clerk

pable of producing about five hundred
(500) kilowatts of electrical energy;
4. For the purpose of paying for the
purchase and installation of said plant the
Municipal Counell of the City of Prince
Kupert is fereby authorized to incur a
debt to thé extent of One Hundred ano
Five Thousand Dollars ($105,000.00) ;
4. The whole of the debt hereby creat-
ed, namely the sum of One Hunared and
Five Thousand Dollars ($105,000.00)
shall be payable in twenty years (20)
from the Second day of January, A. D.
1914, for which debt debentures shall be
issued and secured in manner hereinafter
appearing;
5. For
on

KE NOTICE that the Municipal Coun-!
f the City of Prince Rupert has fixed
sday, the Fifteenth day of January,
i914, at the Council Chamber in the
Hall, Fulton Street, as the day and
for taking the vote of the rate-
vs on the following bylaws;
A bylaw of the City of Prince Kupert
provide for extensions aud improve
ents to the Mufliicipal Telephone sys-
m of the Glty of Prince HKupert and to
eute wud secure 4 debt for the pur-
se of making suCcH extensions and im-
ovements amounting to the sum of
xty Thousand Dollars ($60,000.00).
A bylaw of the City of Prince Kupert
authorize the purchase and installa
n of an improved system for gener
ing elecerical energy in the City of
juce HKupert, capable of producing
ve Hundred (600) kilowatts of elec
ical energy and to create a debi to
© extent of One Hundred and Five
housand Dollars ($105,000.00),
A bylaw ww provide for the extension
the Electric Light Pole Line System
the City of Prince Kupert and au
orize the creation of a debt Ww the
tent of Forty-five Thousand Dollars
46,000.00) to pay for the same and
e securing of the same with interest
the issue of debentures,
A bylaw of the City of Prince Kupert
authorize the construction of a City
jiding om Fulton Street for municipal
rpuses and lor creating a debt ol
ty Thousan GDollars ($60,000.00) to
y for the same, and to secure the said
wi by te issue Of debentures,
D FURTHER TAKE OTICE that the
shail be taken by allot, and that me
ng booths shall be kept open on the
Fifteenth day Of January, A. D. i914,
the hour of @:00 @ m, until the bour
a
vb

REFUGE BAY NOTES |

a

In the Letter Box

 

 

 

jal Corresp

At Refuge Bay, Porcher Island,
Mr. J. Walligreen gave ‘a Christ-
mas ball to his numerous friends
and admirers. Amongst those
preset were: Mr. and Mrs. Mil-
ler, Mr. and Mrs. Wardner, Mr.
and Mrs. Cole, Miss Jessie Tal-
lender, Miss Myers, Miss Gilbert,
Mr. Hudson, Mr. Colins, Mr. Day-
is, Mr. Johnstone, Mr. McLeod,
Mr. Nicholson, Mr. Gody, Mr.
Heath, Mr. John Murray, Mr. O.
Murray, Mr. Holmberg, Mr. Hun-
ter, Mr. Simms, Mr. Ashburner,
the local birchman and others.
of sewers, extension of water|The table, which was under the
mains and the numerous other|supervision of Mr. Patterson had
things we must have and for|the usual cheerful Xmas aspect.
which we have no other means|being tastefully decorated and
for providing funds than the] fairly groaning under the weight
city’s credit. of good things to eat. At seven
There is one feature of the]o’clock all the guests were seated
proposed power purchase con-|and thanks to Messrs. ‘Wall-
tract that must not be overlook-|green, Patterson and Wardner,
ed. By conracting for this power|the wants of everyone were well
we are assisting in the starting|supplied. At 9 o'clock dancing
of an industry that will be of|commenced, Mr. Owen Murray
vast benefit to our tributary ter-]rendering the music, whilé Mr.
ritory. The power company will] Wardner as M.C., conducted the
wish to sell more power than the|dancing, and under his able dir-
city will require and will induce|ection the guests tripped the
users of power to locate here.| “light fantastic’ in the liveliest
Whether in the city or tributary}manner imaginable. The inter-
territory is immaterial. Any in-|vals between dances were filled
dustry built up in the country|by a varied assortment of songs
tributary to us is as great a ben-jand recitations. Mr. Heath gave
efit as though in the city itself.}a recitation entitled ‘The Spell
Towns depend for support on the|of the Yukon. Mr. Wardner sang
immediately surrounding coun-|‘‘The Miner’s Dream of Home.”
try, and cities on the towns|But the gem of the evening was
whose trade they can draw. sung by Mr. Patterson, it being
At the end of five years we will]entirely his own composition and
be able to get a rate lower than|was called “There is a Hole in
the minimum, as by then the|the Bottom of the Sea,” which
power company will be using| was heartily joined in by a large
their water power, producing the| number of the audience. Other
power more cheaply and in]|contributors to. the amusement
greater amount. In order to sell] of the evening were Mr. William
it to users other than Prince Ru-| Rothwell, Mr. Allen and Mr. Rus-
pert they will make the price] sell. Dancing continued until 7
lower as they produce it more|a.m. when the guests joined in
cheaply. singing “Auld Lang Syne” and
This is a business proposition,] ‘For He's a Jolly Good Fellow.”

strictly. Will we gain by enter-
ing into this contract? I think Notice

ae weil It will put us in shape] (Committee Rooms of opponents
o provide for other necessities. | {5 Bylaw have established a tele-

It will help to bring new indus- phone. Ask for, No Franchise
tries to the city and to the sur-| 368, 7-14

rounding country, and be a bene-

fit to all. It will bring to the As a large taxpayer McCly-
wage earners a larger field for mont will advocate sane spending
employment. To the professions methods in city affairs. His in-
and the merchants an increase terests are the ratepayers’ inter-

of patrons, and to all owners of} ests, See that he is elected for
realty more staple values. Alderman. 9-10

R, C. HYDE. ea
Who Gave the Cont et wanted to? Will it ans-
To the Editor of The News: Citizens quit yourselves like
Don't you think we are losing}men. Remember that i9i4 wiii
sight of the real issue before us|be a memorable year in the his-
in the present campaign, viz :|tory of Prince Rupert, let us do
the calibre of the men we are to}our part by returning men to the
elect to the 1914 council and]council board who will be a cre-.
their fitness for the job. Ac-| dit to the city and work for its
cording to Mr. Manson the only|best interests.

qualification necessary is to be
opposed to the Prince Rupert
Hydro-Electric agreement. Does ee

not the adoption or rejection of A

: : iy s a large taxpayer, McCly-
that agreement lie with the citi-| mont will eee spending
zens, not with the mayor or al-| methods in city affairs. His in-
dermen that will be elected?! terests are the ratepayers’ inter-

Should the citizens vote in favor] ests, See that he is elected for
of the agreement and the men|ajqerman. 9-40

elected as mayor and aldermen
PRINCE RUPERT FEED C0.

be pledged to oppose it, what
908 Third Avenue

Pp e to Dally News)

BIG TAXPAYER'S OPINION

Here a letter from
the early residents and one of
the city’s biggest taxpayers. He
is a man who supports progres-
siveness in the city.

Editor Daily News: my
opinion power available any
one who wishes to use it is abso-
lutely necessary to the growth of
this city.

We will have our hands full
for some years tocome to raise
funds for the necessary building

of

is one

the purpose of paying the in-
terest the said sum of One Hundred
and Five Thousand Dollars ($105,000.00)
it is necessary to raise Five Thousand
Two Hundred and Fifty Dollars ($5,250.-
0U) each year during the currency of the
said debentures, and it is further neces-
sary to raise annually the-sum of Three
Thousand Seven Hundred and Tweive Dol
lars and Ninety Cents (83,712.90) which
sum shall be set aside annually during the
currency of the said debentures for the
purpose of forming a sinking fund with
which to pay the said debt at maturity,
the said sum of 83,712.90 to be’ raised
annually as a sinking fund being such that
together with the profits accruing from
the investment at the interest rate of three
and one-half per cent. (3%9%) per annum
shall be sufficient to discharge the said
debt when due;

6. The said sum of Five Thousand Two
Hundred and Fifty Dollars (85,260.00
hecessary for the payment of interest
during the currency of the said deben-
tures and the sum of Three Thousand
Seven Hundred and Twelve Dollars and
Ninety Cents 3,712.90) necessary to be
raised annually sinking fund shall be
raised as follows, namely: by a special
rate levied annually on all the ratable land
of the City of Prince Kupert during the
currency of the said debentures, and shall
be collected a8 municipal taxes and shal)
be placed to @ separate account

The said sum of Three Thousand Seven
Hundied and Twelve Dollars and Ninety
Cents ($3,712.90) to be raised for a sink-
ing fund shall be invested annually by
the City Treasurer on the recommendation
of the City Council in such securities or
such manner as permitted by law;
7. There shall be issued any number
debentures to be made for such sum as
may be required for the raising of the
said sum of One Hundred and Five Thou-
sand Dollars (8105,000.00) and such de
bentures may be expressed either in cur
rency or sterling, payable in gold coin for
not less than 8100.00 currency or £20
sterling

8. The said debentures shall be exe-
cuted by being signed by the Mayor and
Treasurer of the City and sealed with its
corporate seal;

%. The said debentures
the Second day of January, A
and shall contain a promise to
principal of the said debentures
the interest thereon at the rate
per centum per annum (5%
half yearly, and may be with or without
coupons attached thereto for the payment
of said interest, and in case coupons shall
be attached to said debentures said cou
pons shall be for an amount equivalent
to one half year’s interest at the said rate
upon the amount of the debenture te
which they shall be respectively attached,
one coupon being made payable each six
6 months: from the date of the said
debenture and for the purpose of conven
ience the said interest shall be madec-pay
able on the First day of January and the
First day of July in each year; in order
to arrange this the matter shall be ad
justed at the time of the first payment o
interest;

10. The said
to have been
one having written,
lithographed thereon
Mayor and Treasurer
each coupon shall be
number of the debenture
attached;

11. The said
payable at any
United States or
12. The amount

In
assessed value of vo
of the Muni-
last revised
assessment
Twenty-eight
Fifteen Thou-
Eighty Doilars

on the
914;

City of

op. m.

FURTHER TAKE NOTICE that PF.
. Brown has been appointed Keturn

Officer to take charge of the said
ERNEST A. WOODS,

City Clerk.

BYLAW OF THE CITY OF PRINCE :
KT TO PROVIDE FUR EXTENSIONS
IMPROVEMENTS TO THE MUNicI-
VELEPHUNE SYSTEM OF THE CITY
PRINCE HUPEKT AND TO CHEATL
SECURE A DEBT FOR THE YUR
UF MAKING BUCH EXTENSIONS
IMPROVEMENTS AMOUNTING TU
SUM OF SIXTY THOUSAND DOL
(860,000.00);

of

Thousand Two

shall bear date | sary

pi
ns . » @ . ;
) WHEREAS a petition has been for the council ‘
sighed by the required number ot
holders of the said clly request
Municipal Council of the City o1
Kupert to Introduce this bylaw aha
has peen introduced pursuant bo tis

payable

ly
ahe
t

ol
, of wi
Be such +
“ii be Lecessary
extent of Siaty
( uv
ry WHEREAS the City intends to issue
liures for the amount of the said
peg Siaty Thousand Dollars (806v,
by the sale of which to realize
mules necessary for the said pur
aid debentures to extend over
twenty (20) years from the
znd) day of January, A. Db. 1¥9id4,
be secured i) manner bereafter

1

WHEREAS for the purpose
rovements snc cx:

w incur @ debi lw

Thousand Dollars necessary to pay the

two Thousand

The said sum
nterest, namely, the sum of
Two Hundred and Fifty Dollars ($2,250.
10) and a sinking fund, namely, the sum
” One Thousand Five Hundred and
Ninety-one Dollars and Twenty-five Cents
#1,501.25) making together the sum of
Three Thousand Eight Hundred and Forty-
ne Dollars and Twenty-five Cents
$3,841.2 shall be annually raised as
follows, namely, by a special rate levied
annually on all ratable land of the City of
Prince Rupert during the currency of the
said debentures and shall be collected as
municipal taxes, and placed to a separate
account called “pole Line Extension
Account.’
6. The
Hundred

O}
Ut
UI

nH f
a
coupons shall be deemed
properly executed by each
printed, stamped, or
the names of the
of the said City, and
numbered with the
to which is

" of ‘
Mayor ae
Clerk c
a
hereby
Fifty

which
20)

ing
WHEREAS the assessed value of
and Mnprovements in wie City
e Kupert according to the last re
sessment roll, Hamely the das55es5
| for the year i¥1%, 18 the sum of
eight Millions, Two Hundred and
thousand Nine Hundred and
Dollars ($28,215,980.00);
») WHEKEAS the aggregate debt ow
xy the said City exclusive of debts
works of local improvement and
»! purposes does not exceed Une Mii
two Hundred and Fourteen Thou
Dollars (€1,214,000.00), nor does it
d twenty per at. (20%) of the
oF the assess nds and improve
according the last revised
ment roll;
i) WHEREAS the total amount which
have to be raised annually for the
bse of paying the said debt and ip
will be Five Thousand One Huncred
Twenty-one Dollars and Siaty-six
($5,121.66);
Db WHEREAS the sum necessary for
‘payiueni of imerest during Ue cur
of the said debentures to be issued
uder is the sum of Thousand Dol
63,000.00) ;
‘) WHEBEAS the sum to be set
annually by way of sinking fund &
barge the debt authorized to be created
us bylaw js the sum of Two Thou
Une Hundred and Twenty-one Lo!
and Sixty-six Cents (€2,121.66); and
proposed to set aside such annual
Two Thousand One Hundred and
ity-one Dollars and Sixty-six Cents
121.66 by depositing the same an
ly at interest in a chartered bank or
t company in Canada, or by investing
same it} aby manner that @ municipal
poralion may legally adopt;
ND WHEREAS the amount to be raised
wally a8 to sinking fund to pay the
debt is derived at by estimating the
rest to be derived from the annual tn
tent of such sum at the rate of three
one-half per cent. (3%%) per

in;
ND WHEREAS this bylaw cannot be
red save with the consent of the
Rilenant Governor in Council;
OW THEREFORE THE MUNICIPAL
WNCIL OF THE CORPORATION OF THE
Y OF PRINCE RUPERT ENACTS AS
LOWS:

This bylaw shall take effect on the
rty-first (84st) day of January, A
4

It shall be lawful for the
noe Rupert to extend and improve the
sent municipal telephone system ac
ding to plans and specifications to be
pared by the Manager for the hme
ug of the municipal telephone system,
to be spoearee of by the Council and

to be altered, amended or added
during the construction of such exten
us and improvements, all such altera-
ms, amendments and additions to be
Wroved by the said manager, and the
y Council, in the same manner as the
ikinal plans and specifications, All sueh
Bilis and specifications together with any
erations, amendments or additions
srelo shall be fyled with the Manager

it
4
made
the
out

debentures shall be
place in England,
Canada therein
of the said coupons
for interest shall be made payable at any
of the places in England, the United States
or Canada therein set out;
13. The said debentures and any cou
pons ettached thereto shall be deemed a
valid and binding charge upon the ratable
land in the City of Prince Rupert and
upon the said City of Prince Rupert
14. The amount of the debt authorized
by this bylaw subject to consolidation
with the amount of any other debt in any
other bylaws of the sald City, passed for
the issue and sale of debentures, and not
withstanding anything herein conratned
directing the issue and sale of debentures
for the payment of debt hereby created,
the City of Prince Rupert consolidated
stock may be issued in the place and
stead of debentures to the amount of such
debt This section shall apply only in so
far as the City of Prince Rupert may be
empowered by law to do so
15, It shall be lawful for the Council
during the purchase and installation of
the said system hereby authorized to bor
row money from any bank or other per
son willing to advance the same at inter
est to be agreed upon for the purpose of
paying fer the said extensions and for
such loan to hypothecate the debentures
to be issued hereunder, provided that such
loan with the interest agreed to be paid
to such bank or person shall be repaid out
the sums of money realized upon the
of the said debentures The ¢ rcil
may sell the said debentures at than
par if it is found necessary oF advisable
to do so.
PASSED THE MUNICIPAL
THE CORPORATION OF THE
PRINCE RUPERT, THIS 29TH
DECEMBER, 1913.
T. D. PATTULLO,
ERNEST A. WOODS,
TAKE NOTICE that the above is a true
copy of the proposed by law tw raise One
Hundred and Five Thousand Dollars
(£105,000.00) upon which a vote of the
municipality will be taken at the Council
Chamber, City Hall, on the Fifteenth day
of January, A. D, 1914, from the hour of
9:00 a. m. until the hour of 7:00 p. m.
ERNEST A. WOODS, City Clerk
cilia sneimrsininmansmeensiteawcnenileae

A BYLAW TO PROVIDE FOR THE EX-
TENSION OF THE ELECTRIC LIGHT
POLE LINE SYSTEM IN THE CITY OF
PRINCE RUPERT AND TO AUTHORIZE
THE CREATION OF A DEBT TO THE EX
TENT OF FORTY-FIVE THOUSAND DOL-
LARS (845,000.00) TO PAY FOR THE
SAME AND THE SECURING OF THE SAME
WITH INTEREST BY THE ISSUE OF DE-
BENTURES:
WHEREAS the City of Prince Rupert al

(
said sum of One Thousand Five
and Ninety-one Dollars and
Twenty-five Cents $1,591.25 to be
raised annually as a sinking fund shall
be invested annually by the City Treas

bt
L set
3

OF PRINCE
PUKCHASI
IMPROVED

OF THE CITY
RUPERT TO AUTHORIZE THE
AND INSTALLATION OF AN
SYSTEM FOR GENERATING ELECTRICAL
ENERGY IN THE CITY OF PRINCE RL
PERT, CAPABLE OF PRODUCING FIVE
HUNDRED (500) KILOWATTS OF ELE(

rRICAL ENERGY AND TO _ CHKEATE
DEBT TO THE EXTENT OF ONE HUN
DHED AND FIVE THOUSAND DULLAKS
$105,000.00)

A BYLAW

to
is s

A

(

said
executed ar
said;
8. The said debentures shall be deemed
to have been properly executed by having e
been signed by the Mayor and the Treas 5. necessary to pay the
urer of the said City and shall be sealed|said interest of Two Thousand Five Hun-
with its corporate seal; dred Dollars ($2,500.00) and sinking fund
9. The said debentures of One Thousand Seven Hundred and
the Second day of January, A Sixty-eight Dollars and Five Cents ($1,-
and shall contain a promise to making together the sum of Four
principal of the said debentures and also|‘Thousand Two Hundred and_ Sixty-eight
the interest thereon at the rate of five|}pollars and Five Cents ($4,268.05) shall
per cent, 5% per annum, payable half|}pe annually raised as follows, namely: by
yearly, annually, on the First day of Janu-|q special rate levied annually on al! the
ary and the First day of July in each year) ratable iand in the City of Prince Rupert
and may be with or without oupons | during the currency of said debentures
attached thereto for the payment of !n-|and shall be collected as municipal taxes,
terest, and in case coupons shall be at-jand placed to a separate account called
tached to said debentures such coupons|“Municipal Building Account.” The said
shall be equivalent to one half year's in um of One Thousand Seven Hundred and
terest at the rate of five per cent. (5%) | Sixty-eight Dollars and Five Cents ($1,-
per annum upon the amount of the de-|768.05 to be raised for sinking fund shall
benture to which they shall be respec-|pe invested annually by the City Treas-
tively attached, one coupon being madejurer upon the recommendation of. the
payable each six months from the date of | Council in such securities or in such man-
the said debentures. In case the whole|ner as is permitted by law, including the
of the six months interest shall not have |ijnvestments hereinbefore mentioned;
accrued before the First day of July next 6. There shall be issued any number of
teh difference shall be adjusted in the|debentures to be made for such sums as
first payment of interest. The sald cou-|may be required for the raising of the
pons shall be deemed to have been prop-|said sum of Fifty Thousand Dollars,
erly executed by each one having written,/and the said debentures may ex-
stamped, printed or lithographed thereon|pressed either in currency or in sterling
the name of the Mayor and Treasurer of|money, and shall be payable in gold coin
the said City. Each coupon shall be num-|/for not less than $100.00 currency or £20
bered with the number of the debenture|each, and not exceeding in the whcle the
to which it is attached; sum of Fifty Thousand Dollars (850,000.-
10. The said debentures shall be made|o0) and the said debentures shall be duly
payable at any place in England, the| prepared, executed and sold for the pur-
United States, or Canada, therein set out;|poses aforesaid. The said debentures
441. The amount of the said coupons for|shall be deemed to have been properly
interest shall be payable at any of the/executed by having been signed by the
places in England, the United States or|Mayor and the Treasurer of the City and
Canada therein set out; shall be sealed with !t* corporate seal;
12. The said debentures and the cou 2. The said debentures shall bear date
pons attached thereto shall be deemed a/the Second day of January, A. D. 1914
valid and binding charge upon the ratable/and shall contain a promise to pay the
land in the City of Prince Rupert and upon| principal of the said debentures and also
the City of Prince Rupert; the interest thereon at the rate of five
13. The amount of the debt authorized|per cent. (5%) per annum, payable half
by this bylaw is subject to consolidation; yearly, on the First day of January and
with the debt. authorized by any other by-|the First day of July in each year and
laws of the said City passed for the issue} may be with or without coupons attached

WHEREAS at the present time the City
of Prince Kupert operates ab electrical
plant for the purpose of supplying the
needs of the City of Prince Kupert itseil,
and also for supplying customers 1D the
city of Prince Rupert,
AND WHEREAS tie
installed consists of
plan;
AND WHEREAS the
cal energy Supplied by the said system
fast becoming too small for the require
ments cf the city and private Cunsumers,
AND WHEREAS the present system ol
producing electrical energy by steam is
not economical;
AND WHEREAS
economical methods
tricity bave already been introduced into
other places and it is the desire of te
City Council of the City of Prince Rupert
to take advantage of such improvements ;
AND WHEREAS it is desirable to instal
an improved system for the production of
electrical energy i the City of Prince
Rupert, such system to be used hereafter
as arm auxiliary in case the City should
obtain electrical energy from a water
power system; either in case of a break
down of the water power system or for
the purpose of augmenting the usefulness
thereof; . sav
AND WHEREAS in order to purchase
and instal such improved auxiliary plant
it is necessary that 4 debt be incurred by
the Corporation of the City of Prince Ru
pert to the extent of One Hundred and
Five Thousand Dollars ($105,000.00);
AND WHEREAS the City intendsto issue
debentures for the amount of the said in-
tended debt, being the sum of One Hun
dred and Five Thousand Dollars (8105,
000,00) by the sale of which to realize
monies necessary for the said purposes,
the said debentures to extend over a
period of twenty (20) years from the date
to be mentioned ip this bylaw;
AND WHEREAS a poe
y signed by the requ , er 0
Sees holders of the City of ge
Rupert to introduce this bylaw anc oy
same has been introduced pursuant to sal

present
driven

system at

a steam date

D. 1914,
pay the

shall bear

of electri 768.05),

is

quantity
OLD TIMER.
Prince Rupert, Jan. 44.

or

more jof

improved and
elec

of producing

sale yn

less

COUNCIL
CITY
DAY

oF
OF
OF

Mayor
Clerk
then? Do we want a repetition
of the chaotic condition which
resulted from the choice made in
1912 or will we elect men who
will give us a clean, progressive,
business administration? Why
is the Empire now quoting so FEED
much from Col. Davis’ reports? HAY
What stand did it take (it is the |}OATS
right word isn’t it) when Davis |WHEAT
was city engineer? Was it loyal | GORN
tp Col. Davis then? Does it im-
agine the citizens forget the
methods used to, oust Col. Davis|GHICKEN FEED A SPECIALTY
and Supt. of Works MeNeil and
hand over everything to a man

Dealers in
SEEDS
TIMOTHY
CLOVER
ALFALFA
ETC

City of

has been
number of

the Municipal telephone system, the
tent of this bylaw Being that the City
making the improvements to the City’s
lephone system shall do everything to
ae the same complete in every par-
ular,

8. For the purpose of paying for the

id extensions narehy authorized City

Pri Rupert is hereby empow
eate a debt of Sixty Thousand Pollars

60,000.00) which debt shall be payable
) twenty (20) years from the second
2nd) day of January, A. D, 19144, and for
hich debt debentures shall be issued to
® secured in manner hereinafier 4p
paring;

4. The sum of Three Thousand Dollars
$3,000.00) #3 necessary for the payment
{ interest each year during the currency
br said debentures, and the sum of Two
housand One Hunded and Twenty-one
ollars and Sixty Cents ($2,121.06) is
jocessary to be set aside annually during
ve currency of the said debentures for
le purpose of forming a sinking fund
With Wheh to pay the said debt and de-
ventures af maturity. The said suld of
Two Th and One Hundred and Twenty
ne Dollars and Sixty-six cents ($2,121,

to be raised annually as 4 sinking
‘und being such that together with the
rofits accruing from the investment
reof at the interest rate of three and
half per cent. (34%). per annum
during the currency of said debentures
Will be suffielent to diseharge the said
debt when due;
The said sum necessary to pay the
interest, pamely, the sam of Three Thou
and Dollars (89,000.00) and the sinking
und, namely, the sum of Two Thousand
One Hundred and Twenty-one Dollars anc
Sixty-sia Cents ($2,121.66) making to-
kether the sum of Five Thousand One
‘undred and Twenty-one Dollars and
xty-six Gents ($5,121.66) shall be an-
\ually paised as follows, namely, by
‘pecial pate levied annually. on all the
ratable land of the City of Prince Rupert
luring the currency of the said deben
lures and shall be collected #3 municipal
liies and placed to a separate account
called “Pelephone Extension Account’;

6. The said sum of Two Thousand One
‘undred and Twenty-one Dollars and
Sixty-six Centiy ($2,121.66) to be raised
annually as @ inking fund shall be tn-
vested annually by the City Treasurer
“won recommendation of the Gouneil

petition; #
AND WHEREAS

assessment roll f
Twenty-eight Milli
Fifteen Thousand
Eighty Dollars
AND WHEREAS
owing by the said

purposes dc
Hundred an
000.00), nor does
per centum ©
and improvemen
revised assessment
AND W
sary for the
ing the currency
issued hereunder
AND WHEREAS
set aside
fund to discharge
be created by thi
Three Thousand
Twelve Dollars
(83,712.01) per a
to set aside
ing the same aur
ehartered bank or
ada, or by investin
ner that &
legally adopt
AND WHEF
annually for the
is arrived at by
be derived from
such amount at th
if (344%) per
naiND WHEREAS
altered save by tt
tene
NOW
QOUNCIL
PERT EN
1. This

be

THEREF

Thirty-first day ©
2. lt shall be
Council of the
urchase 4m
Aupert improvem
increasing the ©a)
jant ewned by
be iatroduced te
time of inetalletio

 

iN such securities or In such manner as is

pose intended, su’

municipal

overnor in Counce
ant G ook ry
OF THE OF PRINCE Rt
acts AS FOLLOWS:
bylaw shall take effe

the

the land and improvements
property of the Municipa
the last revised assessme:

lity,

or the y
ons Two
Nine

the agere
City exclu

for works of local improvemen
es not exceed One
d Fourteen Thousand ($1,214,
twenty (20%

it exceed

f the assessed valu
ts according to

rou;

HEREAS the annual
payment of the. inte
of the debenture

is Five T

Hundred and Fifty Dollars

the sum

annually by way

the debt
s bylaw
Seven
and Nine
num, and

such annual sum by dep

at
cor
sam

nually
trust
g the

REAS the amount to be raised

ayment of

estimating the inte
the anaual investment of
ate of three and one

er
centum Pp

this bylaw

ne consent
il;
ORE

, CITY

f January,

lawful for the Municipal
City of Prince Rupert to
d instal in the Cit
ents for the

pacity of
iity,
be the on

ity Counc
of the City ch new Pp

assessed

nt r

Hundred
(828,216,980.00);

corporation

value of
and the real
according to
oll, being the
ear 1013, 18
Hundred and
and

gate of debts
usive of debts
t and school
Million Two

e of lands
the last

sum neces
rest dur
6 to be
Phousand Two
(85,250.00

necessary to
of sinking
authorized to
s the sum of
Hundred — and
ty-one Cents
it is proposed
osit
in

Can
man
may

interest a
ypany in

e in any

the said debt
rest to

er annum;
cannot be
of the Lieu

MUNICIPAL

et on the

A. D. 1014

y of Prince
purpose of
the present

the system to
which at

im the opimion
it for the pur

the present time operates an electric
power plant tn the City of Prince Kupent
and from time to time have constructed
pole lines for the purpose of electric
lighting, both municipal and otherwise
and for the distribution of electrical en-
ergy for power purposes;

AND WHEREAS it has become necessary
lines at present oper
requirements
of Prince

to add to the pole
ated by the City so that the
of the tnhabitants of the City
Rupert may be more fully met;
AND WHEREAS the amount of the debt
necessary to be incurred by the City ©
Prince Rupert tn order to make the Heces-
sary extensions to the said pole ilies is
the sum of $45,000.00, Forty-five Thou-
sand Dollars.

AND WHEREAS it ts proposed to raise
the said sum of Forty rhousand T-cllars
($45,000.00 by the issue of rebentires
as hereinafter mentioned, payable in
twenty (20) years from the Seeond day
of January, D. 19414, and Searing in
terest at the rate of five per cent, (5%)

or num ;
per aD. WHEREAS the total amount te be
raised annually for the purpose of paying
the said debt and interest will be Three
rhousand Eight Hundred and Forty-one
Dollars and Twenty five Gents (83,841.-
Bip WHEREAS the amount which will
nave to be raised annually for the pur-
pose of paying the interest on the said
debt will be the sum of two Theusand
rwo Hundred end Pifty Dollars (§2,-
950,00);
2 oC ND. WHEREAS the amount which will
have to be raised annually by way of a
sinking fund for the purpose of paying
the said debt will be the sum of One
Thousand Five Hundred and Ninety-one
Dollars and Twenty-five Cents (#1,

501.25);

aba ts WHEREAS it is proposed to set
aside the said sum of One Thousand Five
Hundred and Ninety-one Dollars and
Twenty-five Cents (81,594.25) s0 to be
raised as sinking fund as aforesaid by de-
positing the same annually at interest tn
a chartered bank or trust company in the
pominion of Canada, or by investing in
any manner ones. a municipal corporation

legatiy adopt;

ey PEW WHEREAS the amount 10 be raised
annually to pay the said debt 1s arrived at
by estimating the interest to be derived
from the annual investment of such sum

A

 

lant to be oa

and sale of debentures, and notwithstand-
ing anything herein containe dauthorizing
and directing the issue and sale of deben
tures for the payment of the debt hereby
created the. City of Prinee Rupert consoll-
dated stock may be issued in the place and
stead of the debentures to the amount of
the debt. This section shall apply only
in so far as the City may be empowered
by law so to do.
14, It shall be lawful for the Council
during the construction of the pole line
system hereinbefore mentioned to borrow
money from any bank or other person
willing to advance the same at interest to
be agreed upon for the purpose of paying
for the said extensions and for such loan
to hypothecate the debentures to be issued
hereuned, provided that such loan with
the interest agreed to be paid to such
bank or person shall be repaid out of the
sums of money realized upon the sale of
the said debentures. The Council may sell
the said debenutres at less than par ff it
is found necessary or adyjsable to do 80.

PASSED BY THE MUNICIPAL COUN
OF THE CITY OF PRINCE RUPERT T
29TH DAY OF DECEMBER, 1913. “

T., D. PATTULLO, Mayor.
ERNEST A. WOODS, Clerk.

OTICE that the above is a true
capy of the proposed bylaw to raise
Forty-five Thousand Dollars ($45,000.00)
ppon which a vote of the municipality
will be taken at the Council Chamber,
City Hall, on the Fifteenth day of January,
A. D. 1914, from the hour of 9:00 a, m.
until the hour of 7:00 p, m,

ERNEST A, WOODS, City Clerk,

A BYLAW OF THE CITY OF PRINCI
RUPERT TO AUTHORIZE THE CON
STRUCTION OF A_ CITY BUILDING
FULTON STREET FOR MUNICIPAL PUR-
POSES AND FOR CREATING A DEBT OF
FIFTY THOUSAND DOLLARS (850,000.00)
TO. PAY FOR THE SAME, AND
CURE THE SAI
OF DEBENTURES:

WHEREAS the City of
has

TAKE

Prince Ruper

Hall;
AND WHEREAS the present accommo
dation for the various municipal depart

 

TO ‘SE-
D DEBT BY THE ISSUF

lately graded a plece ef ground on
Fulton Street adjoining the present City

thereto for the payment of interest and tn
case coupons shall be attached te said de-
bentures such coupons shall be equivalent
to one half year's interest at the rate of
five per cent (5%) per annum upon the
amount of the debenture to which they
shall be respectively attached, one coupon
being made payable each six months from
the date of the said debentures, In case
the whole of the six months interest shall
not have acerued before the First day of
July, next, the difference shall be adjusted
in the first payment of interest. The said
coupons shall be deemed to have been
properly executed by each one having
written, stamped, printed er lithographed
thereon the names of the Mayor and
Treasurer of the said City, Each coupon
shall be numbered with the. number of
the debenture to which it is attached;

8. The said debentures shall be made
payable at any place in England, the
United States, or Canada therein set out;
9. The amount of the said coupons for
interest shall be payable at any of the
places in England, the United States, or
Canada therein set out;

10. The said debentures and the cou-
pons attached thereto shall be deemed a
valid and binding eharge upon the ratable
land in the City of Prince Rupert and
upon the City of Prince Rupert.

11, The amount of the debt authorized
by this bylaw is subject to consolidation
with the debt authorized by any
bylaws of the said City passed for the
issue and sale of debentures, and not-
withstanding anything herein
authorizing and directing the
sale *
debt hereby created the
Ripert consolidated stock

issue

City

to the amount of the debt.
shall apply only ih so far as the City ma)
be empowered by law so te do,

‘jduring the construction of the
hereinbefore mentioned to borrow

on for the purpose of
building and for such
the debentures to be issued hereunder
provided that sueh loan with the interes
agreed to be
shall be repal
realized upon the sale of the said deben
tures, The Counci! may sell the said de

 

other

contained
and
debentures for the payment of the
of Prince
may be issued
in the place and stead of the debentures
This section

12. It shall be lawful for the Counell
building
money
from any bank or other person willing to
advance the same at interest to be agreed
aying for the said
oan to hypothecate

aid to such bank or person
out of the sums of money

who had no standing in his pro-
fession and who has bungled
every job he has undertaken ex-
cepting what had been planned
and arranged for before he took
charge?

We hear a great deal about
the 1943 council giving so much
of its patronage to the Marine
Iron Works. Let us see. Who
gave them the job of laying the
pipe line across Shawatlans Pas-
sage? Was.there any competi-
tion? Did they stand to loose any
thing if they never got the pipe
across, or could the 1913 coun-
cil take the job away from them

 

bentures at less than par {f it is found
necessary or advisable to do 80.
PASSED THE MUNICIPAL COUNCIL OF
THE CORPORATION OF THE CITY OF
PRINCE RUPERT THIS 29TH DAY OF
DECEMBER, 1913.
TY. D. PATTULLO, Mayor.
ERNEST A, WOODS, Clerk,
TAKE NOTICE that the above is a true
copy of the proposed bylaw to raise Fifty
Thousand Dollars ($50,000.00) upon
which a vote of the Municipality will be
taken at the Council Chamber, City Hall,
on the Fifteenth day of January, A. .
1914, from the hour of 9:00.48, m. until
the hour of 7;00 p. m.
ERNEST A, WOODS, City Clerk.

— ae a —

As a large taxpayer, MeCly-
mont will advocate sane spending
methods in city affairs, His in-
terests are the ratepayers’ inter-
ests.
Alderman.

’

t

 

See that he is elected for
9-10

Mail orders promptly attended tw

For Sale
ROOMING HOUSE

$1500.00

One of the best business
corners in town, on Third
Ave.; clears from $300 to
$400 per month. Lease.
ALL ROOMS OCCUPIED
“NOW.”

Exclusive Agents

WM. G YOUNG

INVESTMENT CO.
224 6th St. Phone 19

Open Ovenings 7 to 9