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124 MUNICIPAL LAW.
Tlio County Council may also pass by-laws for assuming or acquiring
any road, bi'idgo or otliL'r public work within one or more townships, and
levy a special rate on the municipalities immediately benefited thereby
for the improvement thereof.
The by-law sliall state tlie amount to be raised for the work, the
townships to be affected, and the amount of work to be done in each
miuiicipality, and provide for the issue of debentures for the same pay-
al)le in twtaity yeai's, or by otpial ainiual instalments of principal and
interest, and for levying a si)ecial rate suHicient for paying the debentures
and interest.
If the by-law is approved by a majority of the county councillors
repre.senting the municipalities defined in the bydaw, it shall then be
submitted to tlie vote of the (lualified ratepayers who are entitled to vote
on money by-laws in such townships as are affected.
In case the by-law is carriecJ, still if any one or more of the town-
ships give a majority against the by-law it shall only apply to sucli town-
ships as give a majority in favor of the by-law. The amount of money to
be raised for svxch ])urpose will, in that case, be correspondingly reduced.
The by-law tlius carried in some municiimlities and defeated in
others, the County Council may either read it a third time and pass it, or
may drop it altogether.
.'i84. Cities and Towns sepanited from the county may, with the
approval of the ratepayers entitled to vote on money by-laws, pass similar
by-laws to the preceding section, to aid in the purchase of any toll roads
in ./hich they are interested, or for abolishing their market fees on con-
dition that certain toll roads named therein are made free.
.185. Aiding Street Railways. Councils of every municipality may
pass by-laws for aiding railway companies
1. liy taking stock, or by guaranteeing payment of any money bor-
rowed by a railway company.
2. For guaranteeing the pf.yment of debentures of such company.
3. For levying from time to time a sufficient sum to discharge the
obligations in the two preceding sub-sections.
'H
* isf^''!^" -W ?*i • '^S 4. For issuing debentures, payable at such times and for such sums,
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not less than S20, with or without interest, as the Council thinks best to
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meet the obligations thus incurred.
5. For granting bonuses in aid of any railway, and issuing debentures
for same.
But no Council shall subscribe for stock or incur any debt for tho
afoi'esaid purposes unless the by-law, before its final passing, receives
the assent of the electors.
In case a nmnicipality subscribes for and holds stock in a railway
company to tlie amount of $20,000 and upwards the iiead of the Council
shall be ex officio one of the ilirectors of said company, in addition to the
number of directors authorized by the special Act, and possess same powers
as other directors.
Any portion of a township may grant aid to a railway by way of
bonus or loan, providing a by-law has been passed for that purpose which