Ontario Community Newspapers

Listowel Standard, 8 Sep 1911, p. 8

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3 Provisionally Adopted the Sixth Day of September, A. D. 1911. ---o-- M wi said Agreement is as follows, that is to} t¢, gay: . @AEMORANDUM OF AGREE- 6 (in duplicate) and en- Sixth day One thousand nine thundred and ven. . REDERICK C. SLEE and CHAUNCEY J. HAMLIN both of the City of Buffalo in the State = electric appliances and other goods and have made application to the Corporation for assistance to the extent hereinafter provided. AND WHEREAS this Agreement is entered into by the Corporation subject to the approval of the rate- payers qualified to vote thereon. NOW THEREFORE THIS AGREE- MENT WITNESSETH that' the partias to this Agreement do here- by mutually promise, covenant and agree each with the other in the manner following, that is to say: 1. The parties of the First Part shall forthwith after the pessing of wit a ae re . procure fhe incorporation a Company under "The Ontario Com- panies Act" for the manufacture and sale of telephones, electric ap- 'pliances and for such other powers as may be desirable, the said Com- pany to have an authorized capital of not less that One hundred thou- vhi there shall corporation of said Company, al) the provisions, stipulations. coven- ants and conditions herein con- and performed gh immediately be binding upon the said Company and its successors and assigns in the same manner and to the same extent as though this Agreement had been directly entered into be- tween the said Company and the Corporation and all personal lia- bility on the said parties of the First Part shall forthwith cease and be determined. nd the part- ies of the First Part shall (procure the said Company to do aij things necessary to adopt and assume this Agreement, together with the atip- ulations and covenants therein con- tain 2, The said parties of the First Part will establish in the Town of Listo- wel in the County of Perth a fac- tory for the manufacture and sale of telephones, electric appliances and such other goods as they may deem advisable, and for such pur- pose will purchase a site within the limits of the said Town of Listowe! and erect thereon suitale build- ings of brick, stone or cement, and of dimensions not less than 150 feet by 50: feet and 2 storeys in height, or containing an equivalent amount of floor space, and will install therein such suitable machinery as may be required. The site, build- ings and machinery so _ installed shall be of not less value than For- ty thousand dollars. The said parties of the First Part ail emply for twenty years from the commencement of operations in gaid factory an average of not lesa than fifty employees during tory not jater than the Sixteenth day of October, 1911, and shali 'have their plant-in full operation not later than the First day of April, prevented by strikes other unavoidable causes, and last mentioned date as possible. 6. In consideration whereof Corporation agrees to loan parties of the First Part the sum of Twenty-five thousand dollars to be secured and repaid as herein- after provided, 6. Upon the purchase of said pite and the commencement of building ° tions thereon the partics of art shall secure to be wel aforesaid, or to be thereafter acquired, including all buildings, lant and machinery fixed or un- may thereafter at any time erected, placed or installed upon said premises and of their good e and corporate name to the intent that upon de- fault under such Mortgage the Cor- said proposed Com- pany. i The said sum of Twenty-five dollars is te be advanced 'report or ce architect or valuator sball baye * Lath a years. o an amouDp Lad the hs, or in ing insolvent, or ment for the ben ors, or in the application the tute in ereof as follows: fifteenth day of shall also ane sateen 5 the pro the part of sci carry out and pe > rt parties of the {rom time to time to the sai : i d shall, togethér with oS wana be delivered ther contain @ prov of default in any of the payments thereunder for the space of three ompany not said buil tote oi yr ent. er greem 9. The said Mortgaze be thé form pursuant to "The Short Forms of Mortgages Act' and shall venant on Com- hhere- than -five thousand dollars. said fuvanne { case of loss to be Corporation as its posed Company ceasing to carry on business as aforesaid. or becom- making an assigm- efit of its credit- being event of any pro- ceedings for the voluntary wind- ing up of the said Company, or made appointment of a li- pursuant to any Sta- that behalf, or in the event of a continued breach of any ia the other co maining unp Mortgage The bentures By-law at Four cent _ ay of January, 14. ment default in the 15, pose of of hands amploy 16. Upon ex Agreement the WITNESS Signed, Sealed an years, being the said debent: for the re-payment thereby provided, if such By-law be approved of by said ratepayers and the Company should make anv i establishment their factory and premises pursu- ant to this Agreement within the time thereby limited The books and r proposed Company shall be open for examination by the Guly ac- credited representative of the Cor- bein of such res of after two months' the whole amount re- aid on the said Mort- gage shall forthwith become due and payable, and all exemptions and other privileges provided by this Agreement or said Mortgage shall thereupon immediately cease and be determined. oe a agreements herein - roe peg Me ed in said Mort- The coven- the B Corporation shall at their option deliver to the Company and the Company wil accept the de- to be issued by the Cor- such terest from the confirmation of the and one-half per er m. 3. the Corporation agrees to grant to the parties of the Fi Part for ten years from the First d First 1912, exemption 'First of the ec, ecution of from taxes, except school rates and local improvement rates. The parties of the agree to pay the expenses of sub- mitting a By-law to the ratepayers for the confirmation of this Agree- and the issue of debentures Part loan of ecords of the poration at all times for the 'pur- ascertaining the number this Corporation will d Executed In the presence of proposed * currency o proceed forthwith to submit such By-law for approval and thercaft- er the Council-of the Municipality will finally pass same. IN WHEREOF the said parties hereto have hereunto set their hands and seals, the Cor- poration by the hands of its Mayor Clerk and its official Seal AND WHEREAS it is expedient that the said Agreement be adopt- ed by this Municipality AND WHEREAS fort of aiding the said pany by way of loan toit of the said m of Twenty-five thousand dol- ys he purpose Com- applied to the said purpose and no other, and the said debentures to be repayable, as hereinafter men- i mf within twenty years from the -said debt repayable in yearly, the period of twenty urea; said yearly sums amounts gate amount pay- and > ag ie * ENACTS AS: FOLLOWS:-- 1, The a lp roe ores Town - Listowel may joan to F Slee, Hamlin: Company.'-of the Covenants, and agreements in the said Agreement contained. the.sum of $25,000.00 to be advanced as therein provided, the said Agreement is hereby adopted and confir: 2. The Munici; the purpose of raising issue the debentures-of the Corporation to the amount of Twenty-five thousand dollars and the interest thereon, as hereinafter rovided, in 6 ot less 100.00 each, at stfch time within one year from the final passing of be fixed by Council shall for i said sum sai a thereof and shall be payable with- wenty years . from e date thereof at the office of the Trea- surer of the said Town of Listowel. 3. Each of the said debentures shall be signed by the Mayor of the said Town of Listowel and the Treas- urer thereof, and e Municipal Clerk shall attach thereto the Cor- of the Municipality. alf per cent per annum, payakle yearly at the office of the ,Treas- urer of this Municipality in each and every year during the cur- rency thereof. 5. During the currency of ssid de- bentures there shall be raised annually by special rate on all the rateable property in the said Town of Listowel the sum of $1921.90 for the purpose of paying the amount due in each of the said years for principal and interest in respect of the said debt, as shown in the said Schedule " A" hereto annexed. 6. It shall and may be lawful for the said Corporation to grant to the said proposed Company exemption from taxes (except school texes and local improvement rates) for the term of ten years, as in the said Agreement pro- vided, 7. This By-Law shall take effect E day, September. 4g1t, at one o'clock in -the "> -- Bfternoon, the Voters' a caret he Municipal of the Town of Listowel for 191i Al ba at the said e lace. . Dated at Listowel thie 6th day of September, 191!. eed RB WM. BRIGHT, Clerk, persons at court are requested to attend at the} 1 fF ibuted > FOR ie. Envelopes, Writing Paper Stationery Livingstone's Drug and Book Store. J. W. Scott & Son, BANKERS, ESTABLISHED 1872. Qoneral Banking Business transacted, ORAFTS BOUGHT and SOLD; Payable in all pertsof the DOMINION, UNITEU STATES and CREAT BRITAIN NOTES DISCOUNTED. ° DEPOSITS RECEIVED. y- Marriage Licenses Issued. ]. W. Scorr & Son, Listowel. NEW SHO WEEKLY STORE. NEWS é ae s.. a, Big Toronto. et 3 sale prices, Samples from 6 to 13 at Ist cost. we will offer many lines from our regular stock at a reduction. Sale will commence Monday morning for CASH only. Purchase of Men's and Boys', Ladies, © ¢ Bhi: : _ Misses' and Children's Shoes. , Bankrupt Wholesale Stock of Boulder & Co., eee goods are all new up-to-date goods . © "as this house has been only a short time in business. We are prepared to offer you many lines at whole- Big line of Children's and Misses' Come early. With this sale Ladies' Underwear We have made a big pur- chase of Ladies' Underwear. A regular 38c and 50c gar- ment for 25c. Regular 50c and 60c garment for 35c. Regular. 75¢ garment for 50c. Regular $1 garment for 75c. -. Coat Sweaters We stock o Sweaters. Men's, Misses' and Children's from 50c upwards. have now a complete f all kinds of Coat Ladies', . Try a pair of our Ladies' Penman Cashmere Hose at 25c, 40c and 50c. No Better. Men's and Boys' Remember we handle derwear as we claim we hen- die the best of goods at low prices and give you a big 'choice to choose from. Big Bargain in Men's Underwear. Stanfield Unshrinkable Turnbull Unshriokable Watson Unshrinkable Penman Unshrinkable Look us up for your un- and Boys' Hats and Caps. (27H) M. SCHIN E STORE. We have opened a new Shoe Store in the premises lately. occupiedy Grosz & Co., next to Walter Bros,, Main street. © e have a complete assortment of the very latest styles of Boots and Shoes, which will be sold at reasonable prices. Trunks, Suitcases and Telescopes, Come in and inspect our stock. ~ ~ RERAIRING PROMPTLY ATTENDED TO. o-ste-afo-ele-eSo-45 '2 cS on and upon the date of the final pasa- ing thereof by the Municipal Council of the Town of Listowel. 8. The votes of the electors within the said Town of Listowel shall be taken on this By-Law gt the following times and places, that is"t6 esy: On|' Monday, the 2nd Day of October ext commencing at the hour of Nine until Five o'clock in the after the same day by the following Deputy Returping Officers : Bismarck Ward, Vandrick's Auction Room, B. B. Sarvis Deputy Returning Officer. Gladstone Ward, Town Hall, Jno. R. McKenzie, Deputy Retarning (Officer. Victoria Ward, Andrew Climie's Shop, W. H. Hicks, Deputy Returning Officer. Dofferin Ward, Mrs. Robert Hamil- ton's House, corner Raglan and Main streets, Robert Woods Deputy Return- ing Officer. Lansdowne Ward, Public Thomas Hardie Library, Deputy Returning Oo Saturday, the 30th day of September the Mayor of the said Town of Listowel shall attend-at the Council Chambers at Ten o'clock in the fore uocn to appoint persons to attend at the various Polling places, as afuresaid, and at the final summing up of the voles by the Clerk on behalf of the persons interested in and promoting or opposing the passing of this By-Law respectively. 10. Tho Clerk of the Council of the said Town of Listowel shall attend at his office in the Council Chambers of the said Town of Listowel at Ten o'clock in the forenoon of the 8rd day of October tosum up the number of votes for and against this By-Law. Dated at Listowel and passed in open, Council this day of October A. D. 19 Ll. SCHEDUDE "A." Pa a o ~ 8 5 $ sxe 2 8 2 Zeon 7 4 a 1 1912 § 796 90 $1125 00 $1921 90 2 1913 882 76 1089 14 1921 90 8B 1914 870 24 1051 66 1921 90 4 1916 909 40 1012 50 1921 90 5 1916 950 82 972 568 1921 90 6 1917 993 09 $28 81 1921 90 7 1918 1037 78 884 12 1921 90 8 1919 1084 47 837 48 1921 90 9 1920 1138 27 788 68 1921 90 10 1921 1184 27 737 68 1921 90 11 19022 1287 56 684 84 1921 90 12 1923 1298 26 628 64 1921 90 13 1924 1851 45 570 45 1921 90 14 1925 1412 82 609 68 1921 90 16 1926 1475 82 446 08 1921 90 16 1927 1542 28 879 67 1921 90 17 1928 1611 63 - $10 27 1921 90 18 1929 1684 15 287 75 1921 90 19 1980 1759 94-361 96 1921 20 20 1981 1889-14 82 76 1921 90 af taken in' : be' finally passed Council of fil i E Merchants, Listowel. | IRWIN & CO., Shoe OO % So-tSoete So-0g ~ - S > ' 2s aS 75 a's fn. fa} é Lets 3 wey tt i228; medi: ire + = i ast eS BUSINESS AGAIN >, ? 7 Yow We are handling all kinds of Fresh Fruits, Cherries and Raspberries are now in season, will be Thimble Berries and Blue Berrfes. order tor these, also Red. Granulated Sugar at Po cM Mn Mn o® 2% 1% -® o. .®, 2, . 2, Sa, Se Se i a te et a es es es FRUITS €o Next Leave 'Ss. es a ing had 12 years experience about what a farmer needs, consumer. t Am Buying and will continue to add to liableand newest that can You will find Odd Lines and $ Pri i | PLEASED to meet so many of my old customers. I setting many of them right on their feet. such goods as will be serviceable and profitable to the and Receiving New Goods - Almost Daily will séll at the Lowest Living Profit. Hav- on the farm, I think I know and will try to keep in stock my stock the best, most re- be found in the market, an izes on our tables at Reduced ces. HENRY SUCCESSOR TO STEWART TASSIE. KARGES We have MEN WHO SHAVE THEMSELVES Should use a BULL BRAND RAZOR or a KEEN CUTTER SAFETY to enjoy genuine comfort during the operation. Razors from 75c to $2,00. Safety Razors from $1.75 to $5.00. Strops from 35c to genuine horse hide at $1.50. Brushes, Shaving Soap und Sticks. Shave yourself and save time and money. It's easy if you use the right outfit. TRY A KEEN-*KUTTER SAFETY RAZOR. IMPROVED COLUMBIA GRAPHOPHONES A complete line of the Finest Instruments with two hundred records, the very latest productions, at Gunther's. Wa.cace STREET. 7 R. R S, LisTowEL, ONT. os we BUY YOUR FUEL HERE. Caceres We handle the famous LEHIGH VALLEY COAL, all QUALITY AND WEIGHT } ply of the very best Hard Wood, th, Cement, Ete. . promptly to all parts of the town. UARANTEED. g ic Speci Watch our Show Window for New Silverware and China at Special Cut Prices. al Railroad Model Watches, just received, at prices that cannot be found anywhere else. Ladies' Belt and Lace Pins , and thousands of New Novelties that The very latest desi not be cancell and are just coming in, which were bought earl will have to be taken into stock an of at the Special Cut Prices, namely, 25 per cent. off Regula y in the year and could d disposed Prices at Gunther's. We sell the only genuine Bridal Rose China are i> Stamped (Bridal Rose) anything else is ing up some very handsome opening white and gold, a stock pattern, always to be had an imitation. dinner ware in the at Goldsmith's Hall. ~ J. H. GUNTHER } ~ se

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