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Port Perry Star, 17 Jun 1908, p. 8

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VOL." XLVI -LAW No. 605 nid in the establi.-lomemt of a osed joint stock 'company #e mang- re wand sell Gas Prodecey. and ducer Gas and Gasoline Engines in Village of Port Perry. Yi HEREAS one Robert G, Weber ine Company Limited, and HEREAS the Village of Port Perry desirous of aiding the said proposed pany by granting them a site of roximately six acres of land the esti- cost ef which will be $600 and by nting to the aforesaid compaay froe ter and free gravel and exemption from {23 as set'out in theagreement between | its corporation and Robert, G¥*Weber ef 'hereto appengled and also to grant to be said compasy a guarantee of their bonds to the amount of Forty Thousand Dollars, and WHEREAS the said Robert C. Web- .er and Robert Jehnstone Goudy on behalf of the said proposed company] shave agreed in consideration of the pass- jug of this by-law to usc all dae speed and reasonable cffort to erect a factory and keep it running full time and at its full capacity and to do certain .other 'acts as pore particularly set out in the agreement hereto appended, and WHEREAS in order to caery out the said agreement with the proposed Cana- dian Weber Gas Engine Company Limi- ted it will be necessary to issue deben- tures.of the said Viliage of Port Perry for the sum of $40,600 which is the amount of the debt intended to be created by this By-Law, and + WHEREAS it is desirable to issue the 'said debentures at one time and to make the principal of the said debt repayable by yearly sums during the period of twenty years, being the currency of the said debentures, said yearly sums being of such respective amounts that the aggregate amount payable in each year for principal and interest of the said debt shall be as nearly as possible equal to the amount so payable in each of the other years of the said period ; and WHEREAS the total amount required by the Municipal Act to be raised annu- ally by a special rate for paying the said debt and interest at the rate of five per cent. per annum is $3209.76, and WHEREAS the amount of the whole rateable property of the Village of Port Perry according to the last revised assessment roll 1s $469,824, and WHEREAS the amount of the existing debenture debt of the Village of Port Perry is made up as follows-- Railway Debenture $21337.08 Waterworks Debenture $14454.59 Consolidated Floating Debt $11000 whereof no sum neither of principal or interest is in arrear, THEREFORE the Municipal Council ol the Village of Port Perry enacts as follows 1. It shall and may be {awful for the Municipal Council for the Corporation of the Village cof Port Perry to grant a bonus by way of guaranteeing bunds to ithe 'extent of $40,000" and by Hranting a {ree site, free Water and iree gravel an exemption from taxes to the proposed Canadian' Weber Gas Eggine: Company Limited ncgording to and subject:lo the terms of the agreement hereto appended made between this Corporation of the one part end Hobert G.-\Veber ¢f a/ of the ather part anti subject also to the lim- iations and provisions of the. Municipal Art and amendments thereto, and Provided ¢hat:this. Corporation will at the request and expense of the Canadian Weber Gas Engine' Company Limited apply to the Oatasio Provincial Pagha- enttoconfivin thie By-law ; and for the purpose of purchasing the site for the Canadian Weber Gas Engine Company Limited the Muni€ipal «Council of the Village of Port. Pemy. shall levy during 'chase the site for the aforesaid Canadian the current year the amount of the price of the said site and for the purpose of guaranteeing the bonds of she said com- pany for the amount of ; deben- tures of the Corporation of the Village of Port Perry to the unt & $40,000 aforesaid in sums of fot less than $100 each shall be issued after the final passing of this By-Law each"of which debentures shall be dated on the" date of the final passing of this By-Law and shall be payable within twenty years at the Western Bank of Canada Port Perry. 2. Each of the said debentures shall be signed by the Reeve and Treasurer of the Corporation of the Village of Pont Perry and the Clerk shall attach thereto the Corporatioa seal of the Municipality, 3. The said debentures shall bear in- terest at the rate of five per cent. per annum payable yearly at the said Bank on the dates and times mentioned therein for payment in each and every year during the Currency thereof, and shall be of such amount that the aggre- gate amount payable in each year for principal and interest in respect of the said debt shall be as nearly as possible equal to the amount so payable In each of the other years of the said period, During the currency of the said debentures there shall be raised by a special rate on all the rateable property of the said Village of Port Perry the sum of $3209.86 for the purpose of paying the amount due in each of the said years for principal and interest in respect of the said debt according toSchedule B hereto annexed. 5. That the land buildings plant machinery of the said. Canadian Weber Gas Engine Company Limited shall be exempt from all taxes rates assessments other municipal charges includiug busi- ness tax but excepting school rates and rates for local improvements. 6. That this Corporation levy during the current year the sum of $600 to pur- Gas Engine Company Limited or a less sum if said amount is not necessary. 7. That the Canadian Weber Gas Engine Company Limited shall have the right free of cost to tap the mains of this corporation and to use such water as they require free of cost subject to the super- {conmections and layin, _Jation of the village of Port Pe PORT PERRY, ONTARIO, WEDNESDAY, JUNE iz Eo payment ofall costs incurred g mains specially for the Canadian Cas Company Limited. ge 8. That the Canadian Gas Engine gravel pits now owned Village engines aopointed for such pur: pose by the M.uucipal Council. 9. The wows of the electors Village of . Port Perry entitled to vote thicreon shall be taken on this By-Law at the followin ; times and places, de is to say on M sday the 20th dayof July 1908 commencing atthehour of 'nine o'clock in the forenoon and continuing until five o'clock in the afternoon of the: same day and by the following deputy retusning officers at the places named -- Polling subdivision Wo. tv at J. H, Brown's office by J. El. Brown D,R.O. Polling subdivision Na. 2 at the Town Hall by G, J. Morrish ID.R.O. Polling subdivision No. 3° at the old school house by Nicholus Ingram D.RO, oF 10. On Saturday the 18th day of July office at ten o'clock in the forenoon to appoint persons to attend at the various summing up of the votes by the Clerk on behalf of the persons interested in and promoting or opposing the passing of the by-law respectively. : #1. = The Clerk of the Council of the said Village of Port Port Perry shall attend at his office atten o'clock a.m. Tuesday the 21st July 1908 to sum up the number of votes for and against the by-law, - bo "The following Schedule gives in eaeh column respectively the year, the amount of principal due, the amount of interest payable, the amount of principal payable and the total payment due in each" year in each case. EL | SCHEDULE B BY-LAW bos Total Prin Interest Yrely Prin Xly Pay't $40,000.00 $2,000.00 $1,200.76 $3,200.76 | 1790.24 1,939.51 1,270,3§ 3:209.76 | 37 520.00 1.876.00 1,333 31209.76 | i a 34,785.79 Date 1909 1910 1911 1912 1913 1914 191, 1018 91 191! 1919 Son ww $83838 33AIEIILD 1920 1921 1922 1923 1924 1925 1926 192° .. FE3IEEES w 3 F333e333 2,911.40 wee 2hd 19 ,085.00 152.75 3,08500 . 3,307.75 AGREEMENT made in triplicate the Nineteenth day of May in the year of our Lord nineteen hundred and eight, BETWEEN the Municipal Corpor- rdy in the County of Ontario and Province of Ont- ario in the Dominion of Canada, herein- after termed "The Corporation" * of the First Part: Robert Johnson Goudy, General Agent in Canada, of The Weber vision of an engineer to be appointed by Gas Engine Company of Kansas City in Bs piecg Toilet Sets, 3 colors 10 piece Toilet Sets, 3 colors 10 piece Toilet Sets, 3 colors and up to $7.50 a set all marked ia plain figures ets, 3 colors 97 piece Dinner 97 piece Dinner Sets worth $15.00 for 40 piece China Tea Sets for ¢ Tall Glass Vases, ¥ ¢ Glass Tumblers, goo Colored *Grlass Berry Dishes each" Clover Leaf Breakfast and Dinner Plates each Clover Leaf Covered Vegetable Dishes each} 16.inch NT d clear Glass, perdozen ' RE $1.29 1.69 1.89 4.98 * 10.98 ' the Municipal Council and subject to the i Company Limited shall have the. right | ¥ free of cost to draw gravel from any! jaw, a mner acquired by this' Corporation subject to || the diroation and supervision of the of the said 7 1908 the Reeve shall attead at his own | § polling places aforesaid and at "the final | § and 1,000 are to be common shares; | the President desire that the said Limited 1 said village of Port Perry to manufacture land s¢1. gas producers and producer gas | § { Limited Com |. AND HEREAS the Manager. and 3.98 25c¢. 30c. 22¢. 7¢. 45c¢. i China Teapots and 'Cocoa Jugs reg up to $1.25 for 49c; For 5 0 Boxes Stationery' about half White 'Wash Brushes reg. 25c, 3 for 16 quart Iron Kettles, white Enamelled sic Saturday so only imit, kid body price © olls reg. 35¢. 20¢, Co Hi [| mu 'Periy and further desires to assist the 'Limited Company (when chartered) to | Limited Company (when chartered) shall "build and sell in' Canada under Thao Eu -- _ Big Su value $1.00 and $1.25, 2 DOZ WHITE CAMBRIC UND i mmer Sale i On Sale 'at 79¢; aig NEL ¢ oo Sy ale of Whitewear i ERSKIRTS, deep dust frill with lace apd embroider trimming, finished with'dray String at wp, length 32 to 42 inches, regula . In all the newest styles and fa certainly please you, Boys' Wash Suits brics, dozess to choose from at values: that Sill bo ai a - gr 'GROCERY DEPARTMENT | EE Rr Cg A per dozen 20¢, | Pineappples. cessscscvnss Cooked Hamaeuvoveoas. Jelly Tongue. seuvsveeeanss. A. ROS the State of Missouri in the United States ! | Weber Gas Engine Company, herein- | 1, "Within 30 days after the execution of of America, hereinafter. termed. "The Manager" of the Second Part: and Robert G. Weber of the said The after termed "The President" of the'third part: * WHEREAS the Manager and the President desire to apply for and obtain a Charter from the Provincial Govern. | ment of Oatario for a limited liabilitity Company with a capital of $200, 000 to be divided into 2,000 shares of the par value of $100. each, and of which shares 1000 are to be preferred shares bearing a cumulative interest of 7% per annum, AND WHEREAS the 'Manager and Company (when chartered) shall erect ¢q iip acd operate a Factory in the afore. and & aso ine engines and other material, AND WHEREAS the Corporation de- s'res that the aforesaid Factory cated in the aforesaid village of Port erect equip and operate the Facfory in Port" Perry by guaranteeing not over ,000 worth of Bonds of the aforesaid (when chartered); the President desire that the aforesaid Weber Patents similar machines to those manu- factured and sold by the said The Weber Gas Engine Company of Kansas City. | THEREFORE for the sum of One Dollar each fo thie afher in haid paid b ; 0 on e Manager an oe Sree (the peceipt in is hereby severally acknowledged) it is ally agreed 2 ies hereto as follows;~ "The word "Bonds" means $100 five percent. Bonds of the aforesaid Limited iny bearing an annual first pany bearing an ani harge on the aforesaid Limited Comp- ici a EL Hp Perry and comprising ap- || | Charter: {| By-Law hereinafter mentioned; by and betwen each of cece v esses vens arenes teers ever teEr es p_ ent oa account-of the aforesaid Limited Company and the said Limited Compan: After » incorporation, respectively, shall and will:= ' this agreement each of the three parties before mentioned apply for the aforesaid Charter for the "aforesaid Limited Company under the title of -the "Canadian Weber Gas Engine Company Limited" ank prosecute the said appli- cation and without delay procire said 2. Commence the erection of the afore- said Factory in the aforesaid Port Petry within 30 days after the passing of the 3. Useall due speed to complete the erection aforesaid and 'to equip and to L.commence the operation of the aforesaid Factory 4. Use all reasonable effort to keep the aforesaid Factory running full . time ard at its full capacity of output; J 5... Furnish proof satisfactory to th Corporatian and to. such Engineer or fopraiser as the Corporation shall name, before the Corporation shall be asked, to issue its guarantee as afore.said, that the Limited Company has reasonably ex- pended on its said Fi y. erection. on said land and on fixed machinery therein at least Fifty per cent over the amount of the Bonds so to . be. teed, and has sufficient paid up capital to operate its business, cH Execute to the said The Corporation Reed, the said Lien to be prior to a Liens of machanics, laborers ht persoiis furnishing material or work, , ~ IT i beng "expressly understood that the said Corporation shall not issue guatantes 8s aforesad; untill the 42 ished with su i mach sus sses se deseireninne? for 250,47 tsveannsceseeanass oper 1b 30¢. sreesssseseainiiiisiavaesee avis ssuper lb, 3oc? & and fixed machine id, ne xe Sess Ty aforesaid, not ex: Upon adoption of Law furnish Conveyante free all Sncumbiances of a "Sj resaid Litmited Compan ; rered)to be conveyed upon hen eae of the Factary aforesaid and the theréin of the said fixed machinery subject to (he said Mortgage. .- NAL 3 Grant to the aforesaid Limited gals. pany when chartered the right to take ree of cost all "water" and. gravel? and *sand" and "rock " which may be required by the aforesaid Limited Com: pany in connection with its en Port Perry; the said ing its own watermai Corporation, 4. Leyy no "taxes Limited Company, 5. Fix the assessment on the whole the property of the aforesaid ~ Limit Company. in the aforesaid Port Pers 6. Institute no proceedings agair " on the aforesai support. 'any. proceedin aforesaid Limited Compep, any "Nuisance" due Limited Company's ina fires and lawiy td : at the sum of Two' Dogars hat egy na Treasurer of the: vote on. this y on seals this Ninteanth day of 1 i

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