IMAGE EVALUATION TEST TARGET (MT-3) / A A 1.0 1.1 1-25 III 1.4 2.5 2.2 1 1.8 1.6 150mm V # /, "> c'^ ^y / O^- /. ^IPPLIED^ IIVMGE . Inc .^ss 1653 East Main street .fSS *^ Rochester, NY 14609 USA .='^ Phone: 716/482-0300 ■^^ Fax: 716/288-5989 © 1993, Applied Image, Inc., All Rights Reserved \ .•\ i"-" \ ^^" ^! cS^ i-'^. 's*' '^- 1^ /. % y^ CIHM Microfiche Series (l\/lonographs) ICIMH Collection de microfiches (monographies) Canadian Institute for Historical Microreproductions / Irstitut Canadian de microreproductions historiques Technical and Bibliographic Notes / Notes techniques et bibliographiques The to tl The Institute has attempted to obtain the best original copy available for filming. Features of this copy which may be bibliographicaliy unique, which may alter any of the images in the reproduction, or which may significantly change the usual method of filming, are checked below. 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Les details de cet exemplaire qui sont peut-Atre uniques du point de vue bibliographique, qui peuvent modifier une image reproduite. ou qui peuvent exiger une modification dans la methode normale de f ilmage sont indiqute ci-dessous. □ Coloured pages/ Pages de couleur □ Pages damaged/ Pages endommag^ □ Pages restored and/or laminated/ Pages restaurees et/ou pellicultes The posi of tl film Orig begi the sior othi first sion or ii 0^: discoloured, stained or foxed/ Pages decolorees, tachetees ou piquees □ Pages detached/ Pages detachees Showthrough/ Transparence Quality of print varies/ Qualite inegale de I' o impression Continuous pagination/ Pagination continue Includes index(es)/ Comprend un (des) index Title on header taken from: / Le titre de I'en-t^te provient: Title page of issue/ Page de titre de la livraison The shal TINl whi< l\/la|: diff( enti begi righ reqi met □ Caption of issue/ Titre de depart de la depart de la livraison Masthead/ Generique (periodiques) de la livraison This item is filmed at the reduction ratio checked below/ Ce document est fllme au taux de reduction indique ci-dessoiim equal to five cents in the dollar on the assessed yearly value, or a ike per centage on the interest at six per cent, per annum on the assessed value, of all the assessable property in every Municipality which had raised money by Debentures on the credit of the Municipal Loan Fund, should be paid by such Municipality to the Receiver (General, on or before the first day of December, 18.5!), and every year there- after, until the total amount in principal and interest, payable by reason of its loan, should be paid and satisfied, or a smaller sum should be sufficient to satisfy the same in any year, in which case such smaller sum only should be so paid. 2. But the sum to be so paid by a Municipality should never be less than the same per centage on the Assessment Holls for the year 1858 for-the same Municipality would have produced, and in case of diminished value from that standard the rate was to be pro- portionately increased, and was to be imposed on any increased assessed value over that of the year stated. By 29-30 Vict-, chap. 53, sec. 12, and 32 Vict., chap. 3C, sec. 12, for the rate of five cents in the dollar on the assessed yearly value, and on six per cent, for the annual assessed actual value, as provided in 22 Vict, chap. 15, was substituted a rate of not less than ore-third of a cent in the dollar upon the actual value of all rateable property in all Municipalities in Upper Canada indebted to the Upper Canada Municijjal Loan Fund, unless a smaller rate would produce eight per cent, upon the capital of the loan ; but it was provided that if the rate of one-third of a cent in the dollar on the actual value of the property should produce a less sum than five cents in the dollar on the annual value thereof in 1858, such a rate should be levied as would produce a sum equal to that produced by a rate of five cents in the dollar on the Assessment Rolls of the year 1858. Since 1859 only five per cent, interest has been charged on the principal of each loan, the Government in that year having consolidated and assumed the entire indebted- ness of the Municipalities created under the Municipal Loan Fund, and issued therefor 6 per cent. Provincial bonds, which were accepted at par by the holders of the Muni- cipal Loan Fund debentures, which were given up and cancelled. Therefore, as the Government paid only 5 per cent., it has charged the Municipalities only 5 per cent, which would make the interest and sinking fund 7 per cent, per annum instead of 8 per cent 3. The sum so to be paid was to be the first charge upon all the funds of a Munici- pality, and any Treasurer or other officer of a Municipality who should, after the Isfe December, 1859, pay any sum whatever out of any funds of the Municipality in his hands until the sum due to the Receiver General was paid, should be deemed guilty of a mis- demeanor, and be liable for every sum so paid as for money received by him for the Crown. 4. If the sum aforesaid was not paid, the Municipality was to be held to be in default, f il to be liable to be dealt with in the manner provided by previous Acts with regard 1.. .Municipalities in default. 5. To ensure the collection of the sum aforesaid, a special rate upon all the assesjK alile property in every Municipality which had raised money by Debentures on the credit of the Municipal Loan Fund of five cents in the dollar upon the yearly value, and a like per centage en the interest at the rate of six per cent, on the assessed value, was imposed in the year 1859, and a like rate in each year thereafter, until the entire debt and inte- rest should be paid oif, or a lower rate substituted by Order in Council, in cases where such lower rate would be sufficient to pay the interest and Sinking Fund. Such rate to be entered on the Collector's rolls and collected and paid to the Treasurer as ordinary rates, whether any other rate was or was not imposed, and the proceeds of such rate were to be applied by the Treasurer exclusively towards the payment of the sum payable by the Municipality to the Receiver General in each year ; and it was further provided that any treasurer, collector or other Municipal officer, or functionary, or any member of the Muni- cipal Council, wilfully neglecting or refusing to perform or concur in performing any official act requisite for the collection of the said rate, or misapplying, or being a party to the A. 1871-2 uling provisions i to make under sarly value, or a 3«'(1 value, of all / Debentures on licipality to the very year there- son of its loan, sfy the same in 3 than the same iiicipality would e was to be pro- vlue over that of for the rate of . for the annnal rate of not less teable property Municipal Loan tal of the loan ; r on the actual •■ dollar on the Jce a sum equal nt Kolls of the 'incipal of each ?ntire indebted- issued therefor ! of the Muni- lerefore, as the ily 5 per cent, id of 8 per cent. Is of a Munici- d, after the let ity in his hands uilty of a mia- by him for the to be in default, :ts with regard all the assess- ;s on the credit alue, and a like le, was imposed debt and inte- in cases where Such rate to 'er as ordinary ' such late were payable by the )vi(led that any er of the Muni- aing any official a party to the 35 Victoria. Sessional Papers (No. 8). A. 1871-2 misapplication of any portion of the proceeds thereof should be held cuiltv of a min demeanor, and with his sureties should be personally liable for any surwS^y rtnZ mi tT-i; ; '"'«'=°"'l"*^S'»^f"fl or misapplication, should notf at "hT ime Lc'd be urn lent by ho Mun.cpality out of such loan, or otherwise hoSeverb™on of sS fc ir »V ^' P'"^' '"'" '^ ^^T'^' "^ *'^« Treasurer and be by him carofuirkept apart froni all other moneys, and paid over from time to time to the Rece ver GenerS K ^u^y'ext'.f iu^so f i^?''' "' \'r ^^"--P'^l'^y -ith the ConsoSrd idol "i' Loan inch loan ^ "" ""'''' '*'''""'' ''^'''"^y P^^^^ed in the Bylaw authorizing T n.n^^yr i;"""^ Municipality had borrowed any money on the credit of the Municipal Loan iund, it was not o contract any further debt without the consent an Wprova of the Governor in Council, until all debts to the Fund had been wholly pail off ^^ .innlS'v r° 'V^, 'a™ "'^ ""T'y '^'"^^ 1''*>'''»'^1« to the Receiver General by any Muni- wb? i^:"nn'"ll "•* ^T''\ ^'" ""'^^'^ ^l"'^y« ^^t'-^i" ^^ his hands any sum of^imrev Ime^o-tml-sl;:^:!'"^^ '''' ''''''' '' ^""^ ^^^'^ Municipally, credUil^l^S +.n„^ -.^^ *'"" {^' «'-'^''V»» 0^ 18.39, respecting the Municipal Loan Fund and the Seigniorial tenure, it was designed by means of the Municipalities Fund, (Clercv Resene MoneS to compensate those Municipalities which had not borrowed uid^rES or InW^^ tbTw.^'P' their interest and sinking fund paid up in full; and o a certain 3 this has been accomplished. Pr or to the vear IHfiO thpm 1,^.1 f.^J^ 'i i-i-ijiiii extent distributed among tL Municipalities iruSr^S^^^^^^ but.on, up to this period all the Municipalities participated alike, ;i'ther in default n their payments under their Loan Fund indebtedness or not. S n^ IsSTnv M nic? pal. ty in default has bee;n deprived of the share it would othe wise have been e.tiUd to" n the Clergy Reserve Moneys, and the same has been merged in the GenTralF n and ttt^.r;i:nT'„rt '-''"/'""^ l^"'^'^ Municipality wtich hafnot L; Sifted .nder lentn,? fr'fe"?'^'''^^'*'^^ towards the interest paid by the General Govern- ment out of the Pub he Exchequer on the several loans of the M^icipalitls in default The fund jet to be col ected and distributed is estimated at $1,000 oTo a d tl i slnre of this which will be withheld from the Municipalities indebted under thrLrFunlbv tms subject in lbo9. Full compensation it certainly is not ; and it is difficult to see bow full or evenpaitol compensation other than that provided by the lSSo^^^ tSeir ^iE'fund'n r"1 '"'"T"" MunicipalitiesVhich hav^e nothing°to t^ "ml t of Ste%5 9o?%o T^ "' ''>f '' '"°*'''>', •" -''''''''■ These borrowed in the aggre- mV'amounted to fe 0^/91' .'"'rr' '" '^V^'^^'^^l^f «» the first day of Janl^ai^. io«i, ciiiiouniea to fa,uU/, 491. 43. The proposition to for'dve these Mutnrimlit,V« tlfJ «ban te J 1?' . ^" '"-eftions as to how the indebtedness under tho^Loai Fund ment of the leading facts connected with the Loan and the Municipality. 3 35 Victoria. Sessional Papers (No. 8). A. 1871 2 85 V g 5 H ,^2 o »3 K o H s 8 |88SgS "888:^8 3 S S 88 8 8 88 8 s 88 158 i*2 S 8S5S 88S SJS8 8 8888 8 S8'S8 ?1 F-*fH M i «> 88888888 §28'-^8Si| 88SS88SS 8 8 ssas'si Ms s s r rS o o o c o o o o 0] ;^ s o (5 "S o CJ O 3 O O &^ I.' 0) - > o o n o" o o o o Ed OOOOO ^ — .^ S el " rt *3 O IS ti.rs c o c o o t a aeoftpj^ cw Si 5 5 = Cm3 09 it s-3 3 ego £ 9W o •a e is •c o o J) : o o o o a. O O tc-^ o o o o ^8888888888888888888888 8 888 8 SSSS8SS gggjjgg; 5 INI-H I ) C'l CCr-l 1H50 8§g8SSS" SS88i u 1^ o ;^ » o OH o -£ 0) m Ml)" 3 s a 22S •SO * rj fe rt £? a « a S a, •rs o c^ o e A. -2 C J^J o •=-Tcg^ W o o . - o HOC- El £ ^ OS S O D O o H 3 I OS Mi-iO O H o o o H HH A. 1871 2 35 Victoria. 'cssional Papers (Nd. s). S 8" S S8S 8S53S5SSS3§3 8 SSS3 8 S8'S'8 8 c s TSTS 2.§ •a ! O K : o o o o 1-3 cs a. s o -gj: o o o o w ^ t : i8 8 888888S 100 55 iHlH IH i-« SS8SS8gS8888 B 3 lg5 o o o o I,. :2a'2M -3S^3S==^ rp R*j «• V t« t3 e B- - - - CO o 8 8 8 A. 1871-2 8 S5 Victoria. Sessional Papers (No. 8). A. 1871-2 •s.g i ;3 i m ■■^■■ 9 R E «» %sr f \ Wa lit ■Se"^ O da 3 '^.S I2| ^1 II 3 ; ;S^9 ti « |2!rj?Jf53SS??S5i55!SJ^2iJ?S;n3Srl353SgKSS?-5r!3 ^358i38888Sa8SSi8S8S88«SS^SS?'38S8^ **S38^'8as'8S' ' "" ' I a S Ti ?! < AS ;s 138 s iay L^. M o5 o ; »-* ift flj p- 1-t y5 5i ift . cooB t ^ : •*5f g § JS 5; S S d 3 "S" S » fe ?5'i? a 3 S S |33SS5S'S|Sia I88888888888S88S8S8888SS88S88S888 **S"SS8gSiS8S"?J8'SS:S^'S8Ssi&SgSg|s'"'l|ia" «M o •a "a ■ : * Oi. • C. S- - - "SO Id? 1= : o I P4 ,o : o o !lt= 6 1= .•4 -•H if- a '. o 'aM^^ 9 9 3 Oie.Se S' g'^Ii o ait's ^■ A. 1871-2 ! 85 Victoria. Sessional Papers (No. 8). A. 1871-2 3S ; Is? "1 n--- ^ ^1 WQ\ i^ ^i 3 * is M c X -f io, Tl' P-' r-i Ti Lr ■-''?2'l5 8Si;S8S8§f fe yji J' S2 SJ 55 ^ O 'T -^ O ""J^C? '^ \i7 o'^'c-icj'j^g t* i ; i8« :3 » i i§Si55 S i i«2»^ i^ Sf 1-1 * . 1-4 OQ M 00 e; O <0 ) i-i o8 o f-i ui 5 « :S8 S8SSS8S88 15 irTopiC c fa !0 SS9 fessj5a$?snssu->'8si?}sa O "f ci .-c * J) a> in t-. « M 1ft r^ 'O -p 8SS8fJSSSS88882'i5 8"8|¥s8si'"SS'8SS"'" n Ma I i? i N i i i i i i^ i :t~ : : : : : :i-« : : : ! : 1 i i IS i ;«^ i i : : ! s SSS8???S'^S?S88SS iB !0^in O^^o I-. « ^ o,f> ri <» m x ■» ^lOofr-Ti-i'tfs'i-J'fJi-rc^N'^'"** »>ra « w o '4< <2 00 1- in rH o S o lo iexooaSot^coNo-Jirxo'n'rc^ SS8S8S888888S8S ^8"S¥SS8*8"S"8'8S'S8'S" •s o o. o : o Ou •» a. 1 ^M |i|ISI|Jlll|||| 9 Si •I" {? ^ iS ?5 35 Victoria. Sessional Papers (No. 8). A. 1871-2 35 Vic TABLE No. 3. Statement shewing the condition of the Loan of the Municipalities having no Sinking Fund and in arrear in interest; the amount borrowed ; the amount paid on account of Interest ; and the amount in Arrear by each ; and Total amount of Ai-rears. MUNICIPALITY. Brantf ord, Town of Brockville, do Cobourg do Chippewa, Village of Chatham, Town of Dundas, do Elizabethtown, Township of Goderich, Town of Guelph, do Hope, Township of London, City of Lanark and Renfrew, U. C. Niagara, Town of Norwich, Township of Ottawa, City of Ops, Township of Port Hope, Town of Perth, County of Prescott, Town of Peterboro', do St. Catharines, Town of Simcoe, do Stratford, do Windham, Township of Woodhouse, do Woodstock, do Amount of Loan. $ cts. 500,000 00 400,000 00 500,000 00 26,000 00 100,000 00 52,000 00 154,000 00 100,000 00 80,000 00 60,000 00 375,400 00 8*X),000 00 280,000 00 200,000 00 200,000 00 80,000 00 860,000 00 288,000 00 100,000 00 100,000 00 190,000 00 100,000 00 100,000 00 100,000 00 80,000 00 100,000 00 6,926,400 00 Interest paid on Account. 9 cts. 228,631 57 47,304 08 61.898 93 14,700 40 50,234 06 8,078 40 22,390 68 63,983 89 54,862 86 21,540 39 78,070 55 194,068 38 60,78;^ 17 40,457 00 167,336 31 21,456 26 140,43-1 28 209,034 67 17,484 82 47,696 74 34,758 30 13.899 01 32,533 11 15,528 42 16,922 90 22,285 31 1,676,374 49 Interest in Ar- rear. $ cts. 313,319 64 389,628 27 588,387 39 12,087 30 47,009 36 49,131 64 128,316 60 36,819 84 9,752 98 49,961 40 334,537 66 027,834 38 286,288 90 202,!H32 47 55,654 26 74.278 46 904,578 66 92,256 60 111,605 14 .32,182 68 188,527 43 106,094 60 85,650 41 103,236 93 79,928 32 97,460 73 PQ 5,007,491 43 I- ,8 I A. 1871-2 35 Victoria. lities having no fed ; the amount each ; and Total I on Interest in Ar- rear. cts. $ cts. 57 313,319 64 08 389,628 27 93 588,387 39 40 12,087 30 06 47,009 36 40 49,131 64 68 128,316 60 89 36,819 84 86 9,752 98 39 49,961 40 55 334,537 66 38 027,834 38 17 280,288 90 00 202,?(62 47 31 65,654 2ft 26 74,278 46 28 904,578 66 67 92,256 60 82 111,605 14 74 .32,182 68 30 188,527 43 01 106,094 60 11 85,650 41 42 103,236 93 90 79,928 32 31 97,460 73 49 6,007,491 48 PQ S [J y. Sessional Papers (No. 8). A. 1871-2 -igggggggSSSSSS iSiggggg :ggg8 ■sSSSSSSgggggggggggggggggggg 3S ijggggggggggggggSggggggggggg ■gggggsgggggggsssgsggsssgssg -*J ^ ? gggggggggggggggggggggggggg •-; -^ ^ o 'M -H ,-j .-I ~^ -o :5 — . 1.* f-c^ X I-- h- (N t'- 1>- .; wi --f C^ -^ 'T iC ■^ tjgggggggggggggggggggggggggg iSSgggggggggggggggggggsgggg ■ggggggggggggggggggggggggggg vi ISigggggggggggggggggggggggg •r t* t^ r-i oc ir^ rj< 3 ■* ^;> 1- S-. iJt »— I Ift 'M -f* : o i.e. :2 : o, p e o a>'= S ° >l'^tk'^ : ; i :3 o e«^ o o :i.-t g _ pqMooofiHOOKhqt3;zi;zi;2iO(5(§ 111 = 0-3 i i ^^^. ^ti ^^^ .Ill 1 , i ■ 1 ! 1 I ! • » 95 Victoria. Sessional Papers (No. 8). A. 1871-2^ S5 Vic TOWNSHIP OF BERTIE. This township, in 1853, borrowed under the Municipal Loan Fund $40,000, which it invested in the stock of the Buffalo, Brantford and Goderich Railway Company, which proved worthless, and was wiped out in the Act incorporating the Buffalo and Lake Huroa Railway Company, the successors of the Buffalo, Brantford and Goderich Railway Com- pany. The annual assessable property in 1858 amounted to $39,525.60, producing by five cents in the dollar, $1,976.28. The annual payment required at 5 per cent, interest and 2 per cent sinking fund would be $2,800. This township is rapidly paying ofTits indebt- edness. It has paid up its interest, and has $10,399.24 to the credit of its sinking fund. It has paid for principal and interest, $47,480.53, up to the first of July, 1871. The fol- lowing is a detailed statement of its payments, with dates : — ments an The folio uary, 18( Date- Cash Payments, Ex Clergy Beserve*. 3rd January, 1854 S ctg. 2,264 30 2 00 400 00 1,200 00 1,600 00 48 80 1,600 00 1,600 00 1,600 00 1.605 48 1,600 00 6 82 9 Ota. 13th February, 1854 10th July, 1854 2nd September, 1854 14th February, 1855 2l8t May, 1855 27th July, 1855 14th January, 1856 24th October, 1856 30th December, 1856 8th August, 1857 3l8t December, 1857 20th July, 1858 568 86 27th July, 1859 179 96 5th December, ia59 28th November, 1860 2,000 00 1.800 00 204 61 2,000 00 2,000 00 2.000 00 2,000 00 2,000 00 3,200 00 3,200 00 3,200 00 3,200 00 3,200 00 3,200 00 22nd December, 1860 28th November, 1861 3l8t December, 1862 12th November, 1863 17th December, 1864 18th November, 1866 18th December, 1866 17th December, 1867 19th November, 1868 Uth December, 1869 30th January, 1870 13th December, 1870 Cash 46,732 01 748 62 748 62 Ex Clergy Reserve Total 47,480 63 29th D 17th J, 2nd8( 14th F 22nd A 4th Ji 2lBt 0< 18th F( 16th Ji 4th Jv 30th Se 27th Jv 6th D( 26th Di 3l8t Di 4th Ju 4th Ai 23rd Di 16th Ja 18th Ai 6th Ja 16th Ja 16th F« 17th Ja 20th Fe 29th Ju 22nd Av 19th No 7th Sei 16th De 2l8t De TOWNSHIP OF BRANTFORD. This township, in 1853, borrowed under the Municipal Loan Fund $50,000, which it invested in the stock of the Bunalo, Brantford and Goderich Railway Company, which proved worthless, and was wiped out by the Act incorporating the Buffalo and Lake Huroa Railway Company, the successors of the Buffedo, Brantford and Goderich Railway Company. Five cents in the dollar on the assessed annual value of its property in 1868, would more' than piay 6 per cent, interest, and 2 per ceat. sinking fund on the loan. Its total pay- 10 This t '^100,000) ^Company, i utterly wo {»any, unde oan, effecte Goderich E hands of th loan. Up 1 if5qo,ooo. ^period, avai wcount of I tne dollar, t ear. The e'miayor i A. 1871-2^ 35 Victoria. Sessional Pape^- (No. 8). A. 1871-2 ments amount to $70 470.18, and it has to tho .redit of its sinking fund $34,214.93. ^toHowing ,8 a statement m detail of its payments, with dates, up to the &st of janl nd $40,000, which y Company, which lo and Lake Huroa rich Railway Com- 5.60, producing by ) per cent, interei^ aying oST its indebt- f its sinking fund. ly, 1871. The fol- Ex Clergy Eeserve*. 9 otq. 568 06 179 96 748 62 Date. 29th December, 1853 . 17th July, 1854 2nd September, 1864., 14th February, 1855 ., 22nd August, 1855 4th January, 1866 2l8t October, 1856 ... . 18th February, 1857 . 16th June, 1857 4th July, 1857 30th September, 1858.. 27th July, 1859 6th December, 1859 .. 26th December, 1860 .. 3l8t December, 1861.. 4th July, 1861 4th August, 1862 23rd December, 1862 .. 16th January, 1863 18th August, 1863 6th January, 1864 16th January, 1865 16th February, 1866 ... 17th January, 1867 20th February, 1867 ... 29th July, 1867 22nd August, 1867 19th November, 1867... 7th September, 1869... 16th December, 1869... 2l8t December, 1870 ... Cash Ex Clergy Reserve . Total Cash Payments. 9 cts, 2,832 87 500 1,500 2,000 2,000 2,000 00 00 00 00 00 2,000 00 2,000 00 6,619 00 6,294 00 1,641 00 3,000 63 688 3,312 3,521 3,500 3,500 478 1,500 660 1,500 640 4,692 6,850 00 92 80 00 62 00 00 33 00 70 00 05 00 40 63,184 74 7,285 44 70,470 18 Ex Clergy Reserves. 9 cts. 2,067 25 8 62 1,316 420 62 20 1,089 2,383 92 03- ;a 7,286 44 nd $50,000, which y Company, which lo and Lake Huron Railway Company. 1 1858, would more )an. Its total pay- THE TOWN OF BRANTFORD. /»! nSm"'^'' effected two loane under the Municipal Loan Fund Act. The first in 1853 loan Cto JulvTss^rtlTl*' 'P^^^°° T"'^' "^*^« ^°*«^^«* and sinkinf fund JS Ihl |506 000 In SlV 18M tLr^^ ^'?V"S ?,t P^^'"* "^ '^ '""^'''^ «» 'he full sum of iSrSod -vailLS'^^^^^^^^^^ ^^^ ^^'" '"^ ^^" ««°^« ^37.000. From that ro^t'oil^tL^^^^^^ i*^ payment o„ ^te^S aS^tr^S/of tS? ""^'^^^ ^f" ''''^'''^' ^'' '«Ply to letters^ad, Wd to mayor and treasuwr of the town, callwg for a statement ahew&ig what bonds or othS £ r 85 Victoria. Sessional Papers (No. 8). « A. 1871-2 securities had been taken from the Eallway Company for the loans — and what had been received for principal or interest on account of such securities. By proceeds of sale of bonds, at G5 per cent §321, 186 85 To paid, and in course of payment, Grand River Navi- gation Debentures, repairs and interest $1G4,H27 G2 Great Western Railv/ay, bonus on Harrisburg Railway... 75,000 00 P Grand Trunk Railway, for workshops at Brantford 32,500 00 g Balance in Treasurer's hands, November, 1871 48,859 23 8321,180 85 1321,186 85 35 Vic c6urse, f to provii amount ing is a ( i Tlie total loans were $500,000 ; the total payments are $228,613.57 ; the arrears of interest are $313,319.64. The annual value of the assessment for 1871 is $137,194 ; that of 1858, $184^594. At per cent, on loau for interest and sinking fund, the annual pay- ment would be $35,000. i'ive cents in the dollai on the assessment of 1858 (being greater than that of 1871), makes the annual payment $9,229.70, which the town has punctuallj paid since the Relief Act of 1859. The following is a detailed statement of payments, with dates, to the first of January, 1871 : — Date. 23rd December, 1853 . 2nd September, 18.54.. ■^th January, 1855 loth September, 1855.. 15th January, 1856 Ist October, 18-56 17th January, 1857 3rd June, 1857 14th July 1857 30th September, 1858. 9th December, 18.58 ., 3Lst December, 1858 .. 27th July, 1859 iBt De( niber, 1859. 7th January, 1860 Ist December, 1860 ., 2nd December, 1861.. 2nd December, 1862 .. 6th February, 1864 .. 6th December, 1864.. 6th December, 1865 .. 2nd January, 18<)7 ."Wth Decmber, 18(i8 .., 3l8t December, 1869 .. 20th June, 1870 ,20th December, 1870., Cash Payments. Cash Ex Clergy Reserve. , Total $ cts. 6,665 75 .3,000 00 1,000 00 35 923 28 20,415 27 8,332 80 7,492 37 7,609 47 13,974 06 2,692 00 9,148 81 9,229 9,229 9,229 9,322 9,137 9,229 9,229 9,229 9,229 9,229 9,229 00 70 70 70 70 00 40 70 70 70 70 70 70 216,861 40 11,770 17 228,631 57 i.Ex Clergy Beserve. 9 cts. 6,441 50. 2,727 23 1,956 84 644 60 11,770 17 TOWN OF BELLEVILLE. In 1854 Belleville borrowed under the Municipal Loan Fund $20,000, which it 5 ended in local imptovemenls. The assessed value of its property in 1858 was $151,999. 'h« annual value in 1871 was $160,187.20 ; the actual value being, $2,669,786.78. 12 19th ] 3d 1 14th ( 2;Jril .] 22nd .] 3rd J 7th 1 24th J 16th J 3l8t I 4th I 22nd J 10th J Ixt » 24th 1] 28th r 3l8t J 28th I In 11 assisted b interest i advanced the unite( railway, accumulat Itaf Province Canada, t^ are not in The' town of E gagors ha Icipal and As hi i The annu gj 174,280. 47 Oi annual pa' The total' he rate oJ j A. 1871-2 35 Victoria. —and what had been Sessional Papers (No. 8). A. 1871-S? 6321,186 85 62 00 00 23 cburse. five cents in the dollar on the assessment of 1858 will yield much mor.) than enoucrh amSt 1% m jr "if hjfr?,' ""^ f .n^-r"^- r""'^ ^""•'- ^j- totii'; rs amount to f.5 7J1 03. It has to the credit of its sinking fund $12,133.83. The follow- ing IS a detaded statement of its payments, with dates, to the first J^nuaiy, 1871 :-_ Date. G 85 $321,186 85 3.57 ; the arrears of ri is $137,194; that und, the annual pay- '1858 (being greater town has punctually itement of payments, ■jEx Clergy Beaerve. 3 cts. 6,441 50. 2,727 23 1,956 84 644 60 19th February, 1855 3d March, 185(j 14th October, 18:50 2;Jr.l .July, 18.57 ■■" 22nd .July, 1K58 ...;;," 3rd .June, 185!) 7th Februa'y, 18(iO '.'.'.[ 24th January, 1801 10th April, 1801 3l8t December, 1801 ] 4th February, 18'5 Vi( ; ' I On annual value. 1862 - . 12^ 1863 - - 18 1864 - - 17^ On actual yalue. 1869 1870 1871 !,V r5 Victoria. Sessional Papers (No. 8). A. 1871-2 On annual value. 16f isjf to Ist Jan., 1871 :— Ex Clergy BeservM. $ cto. 1760 88 1509 72 484 00 «3744 60 THE COUNTY OF BRUCE. cipaltafputu^SSoTS^^^^^^ J""" ^"? Bruce obtained a loan under the Muni- andGoderichRailwtyCrpat inTsrft^^^^^^^^^ local improvements. Considerable sums wpr^ n. nV.^ .• ^^'^^P ^*'' boiTowed for to $30,132.98. Tl,e stock ofX Comrnrnrov^l rr'thV"" "T"'" ''?' '"'™ «''°'»4 A»t incorporating the Buffalo and LakrH^nS toi bw Col"'' T "'I'"' °" ''J' *» old Company. """"' ™"»»y Company, the successors of the crediotS£glt'.*^Bt ^!^ f'''''^ -*'^ ^'^'^^^^ for Fund, notwithstanding the strong vemLZ^^AL ^^a u ^T'°^' ^Jie Municipal Loan the ruinous consequences of tff woTuSL ti • ^ '^' ^'"^^^ "^ Cobo\irg as t^ Peterboro Railway has not been rulfor the Lt ekven orT' "'"'" ^H <^«^«"?g ««<» ong been ai Chancery. The Rice Lake RriS f! S .^'^''^''^ y^^'"^' 1*^ affairs have iron have been remoV^d ; and Sie town hi not del ^oA i "'"• ^l"? ''^"i^g «tock an J ane whatever from its inveSmenr "'''*' ^"'^ '^ ""' ^^^'^Y to derive, any Receiver GeneraUut after the Sal SariTshlill?'}*^ """"I.t^** the same to the fnd after the destruction of Rice Latti^ rfeoTjir Ita^f^LS^, ihe assessment." 15 t',sa-j:-~ 35 Victoria. Sessional Papers (No. 8). A. 1871-2 With ro^ard to security the treasurer adds : — " The only bond or security the Cor- poration holds is deterred stock in the C. P. and Marmora Railway and Mining Com- pany to the extent of $120,000, the value of which wo cannot estimate at present. It seems to us valueless. It gives our Mayor a seat at the Railway Board, and that seems its only value." The total loans, as has been stated, amount to $500,000. The total payments to $61,898.93. Tlie arrears of interest are $588,387.39. The annual value of the assess- ment for 1871, !$8G,489 ; that for 1858, $135,225. Tlio annual payment for interest at five per cent, and sinking fund at two per cent, would be $35,000. The annual payment of five cents in the dollar on the lusaessment for 1858 would be $0,761.30. Rate of taxation for the years 1802-3-4 and 1869-70-71. On annual value. On actual value. On annual value. 1802 - - 14| 1809 . . U - - 20,83 1863 - - 18| 1870 - - li - - 25. 1864 - - 25 1871 - . l| - - 29.10 The following is a detailed statement of the payments : — . 35 Vi I ^-^ \ As 1 -fl'-.TOO perty in ^ cent, sir the ass( payraenl Date. SlBt December, 1853.. 6th February, 18.54... 29th February, 1854... 17th October, 1854 11th November, 18.5C. 5th February. 18.57... 3rd November, 1857 . 3l8t December, 1857.. 10th July, 18.58 27th July, ia59 6th February, I860.. 14th February, I860.. Slat December, I860.. 26th February, 1861.. Cash Ex Clergy Reserve Cash Payments. $ Ct8. 150 09 12131 50 8000 00 6191 78 8C00 00 4000 00 S650 00 1111 30 4000 00 2761 30 Ex Clergy Rett«rv«s, \ % ots* 6920 62 1847 « 1709 83 425 04 Total J51,995 97 9,902 96 $61,898 93 $9903 9« 31 8t ] 7th . 6th ( 14th ] 26th .: 4th ] 10th 1 28th I 14th ( 6th J 30th 27th 1st 19th 31 Rt 3rd 3rd 6th 20th 2lBt 17th 13th 28th N 6th J THE VILLAGE OF CHIPPAWA. In June, 1853, Chippawa borrowed the sum of $26,000, $20,000 of which was ii vested in the Erie and Ontario Railway Company, and became an entire loss. Th balance, $6,000, was expended on the " Chippawa Cut," which unites the Niagara an Welland rivers. For four and a half years from June, 1853, to January, 1858, the mterest on tl whole loan was kept paid up. The village then fell into arrear, bat with the assistani of a portion of the tolls levied on the " Chippawa Cut," and authorized by Order C5ouncil, dated 10th June, 1859. to be paid over to the Municipality (Public Acts, 186 part 1, page 188), it made its payments of five cents in the dollar for the years fro 1859 to 1866 inclusive. The allowance to the village taken out of the canal to commenced in 1859, and appears to have been discontinued in 1805, (the last ent traceable being in the Public Accounts of 1865, part 1, page 178), and the payment five cents in the dollar ceased with the year 1866. Only one later payment having be made of $635 in June, 1868. IG This falo, Bran was extin; pany, the 1858 was produce %\ two per ce $238,946 $9,659.96, tailed stat( A. 1871-2 i 35 "Victoria. Sessional Papers (No, 8). A. 1871-2 or security the Cor- ' fviul Mining Com- nato at present. It ard, and that seem.s B total payments to value of the assess- ment for interest at The annual payment 1.30. nual value. 20.83 25. 29.1C cent. .inking ,,„d .hi L.t ^^S 's ,Sb, ^",,^0 ' 'iZ ^nt "n"Se "jH I "" the assessment of 1858 produces .«007 in ti,^ ^ ,', . ^r^ cents in the dollar on payments, with dates to tK; January 1871 "'"'"^ "" " ^''''^'^ «^^^«™«"' «f Date. Ex Clergy Re««r»8s. $ OtB. 6920 02 1847 48 1709 82 425 04 f 0902 9« 00 of which was u an entire loss. Th aites the Niagara an i8, the interest on tl ut with the assistan( ithorized by Order y (Public Acts, 186 ir for the years fro it of the canal to 1865, (the last ent ), and the payment payment having be 31st December, 1853... 7th .January, 1854 " 6th October, 1804 . 14th February, 18.56 .....".'.".'","" 26th .January, 1856 4th March, 18,56 10th March, 1856 .... 28th March, 1856 14th October, 1850.... 6th July, 1857 .' 30th September, 1858... 27th Julv, 1859 1st February, I860 19th April, 1860 ,".'.' 3lHt December, 1860 ....]!!"]] ' 3rd .J'nuarv, 1861 3rd April, 1862... . 6th May, 1862 20th February, 1863 . 21gt November, 1803 ....'" 17th December, 1864 ... 13th April, 18<)5 28th November, 1866.. 6th June, 1868.. . Caih Payments. Ex Clergy Reaervei. $ cts. 10 .32 1,120 800 800 800 400 400 18 00 00 00 00 00 00 00 406 00 I ct«. Cash Ex Clergy Reserve , Total 675 00 252 .50 750 00 177 50 674 81 259 22 920 97 927 50 927 50 927 50 927 50 635 00 834 40 658 90 385 02 122 7S 12,809 32 1,891 08 aei 68 14,700 40 TOWNSHIP OF CANBORO. I ■: 4 'J^H ■ 2 17 35 Victoria. Sessional Papers (No. 8). Datk. 13tli Jiimmry, IS'A and AuKHst. l6rA 2ml Supitiiil.iT, 18')4.. 4tli June, IH.V) 22iia DfLonibtT, l(<3i\.. I'JtIl AilLjlist, 1H">(1 ;Wtli Oitoli..!-, 18.">() l!H;h .fttnuaiv, 1857 (Ith .hmc, WW 27th January, IS,""* .... Lit June, 1858 17tli Septeniber, 1858.. 24th Hiiitcmbcr, 1808.. 5th Kebruatv, 1850 .. 14th July, 1859 3lHt Uecembur, 1859 .. 10th A.ugwt, 18(10 14th February, 1W>1 .. 20th Seiitember, 1801., 8th February, 18U2 ., 22nd Auifuflt, 18(J2 . . . 14th February, 18ti3 .. 2()th December, 18_«3 ., lOtli January, 18(i5 8th February, 1800 ., 20th September, 18th Ju 27th Ju 20th Dei 11th Jul 2nd Aj, Kith An 4th Jai 9th .rai 2nd .fai 6th Fel 2.1rd Fel 22nd Dei 3rd .Jan 3l8t Dec 4th .ran 28th Dec 14 27 In Jiini iccording to he St. Clai /ompanies, 1 f Gas and A It appef xception of ividend of 1 le 6th July, 864 amount dividends For two or the two f This Town borrowed under the Municipal Loan Fund in 1854 $12,000, which it la out in local improvements. Five cents in the dollar on the assessment of 1858 wou ^^^ more than provide the interest at 5 per cent, and Sinking Fund at 2 per cent, on Loa aounting t( The assessed value of its property in 1858 and the subsequent years to date is not know .^^.g^ ^^^j^ Its total payments amount to 115,512.45, and it has to the credit of its Sinking Fui ^n ^f ^.jie $7,205.97. The last payment was made in December, 1869. The following is a detail ,tal loan, as etatement of payments : — tears of inte 59,733. Th nt. Sinking ould produce Tie folio 171 i— 18 A. 1871-2 j 36 Victoria. Sessional Papers (No. 8). A. 1871-2 $ eta. 12 2» 2 04 14 27 16th Oct(iI)Hr, ISM (ith Mnivli, ia'55 ." 10th M.ircli, 1Sj-)« . " 12th Maicli, 18.'>7 ... 3nl Juiiu, l,S."i7. Cth July, l.sr.8.."'" SHh .Inly, la-,8 , 27th July, 1«,VJ.,;'" 20th Uvvvmh-i; lavj 11th Jmic, 18(i0 2ml Aiiiil, I8til ... Kith Aii'^iiHt, IKiil ... 4th Jiifnury, ]8»i2.., 9th Jiiiiiinry, 18(i.J., 2nd .lammiy, Imi-i 6th Fehruury, 18t>5 2.1r(l Ff bnmry, 18(M) rJnrI Dcreinlier, 18(J0 3r(l .liHiuary, 18(i7.,. 3l8t Decern b«r, 1867 4th .Tftnuary, 18(iy,.. 28th Deceaibor, 1869 320 Vi t CtH. 480 00 im 00 608 18 4fiO 00 '"'437"'29 S49 24 " '862""02 157 08 9;« 47 7.(7 84 90 80 1,313 65 9!i0 00 960 00 1,015 95 960 00 600 00 460 00 9<;o 00 960 00 960 00 THE TOWN OF CHATHAM. — ..... vrj. i^xiAltlAlVl. In June, 1855, Chatham bom)wedS!innnnft. i .i. ,,, . .cording to the provl^onsTf trj^t^TltlSf fr^^ ^^'^" ^""^' -^^-h, he St. Clair and Rondeau Plank EoaT'and^ tS.« prf *^ *° '^'''^P^y™^"^ «f «tock in Jompanies, tothemacadatoizinrofrn^^=o!;] J • Chatham and Camden Plank Road f Gas and Water Works Thf la ter have not T'^' '\'^' ^^r" '''^ *»»« con tmtlon It appears that nnnA «f A: • , "*^^ "O"^ been constructed. ^entJW^^^^^ any revenue, with the ividend of between two and three pT cent a^i^^ Company, which sometimes paid a le 6th July, 1871, states " that thf wi!!i ' ^r. Weir, the Treasurer, iu a letted of 864 amounted to .fc.oSeSwJich^^^^^^^^^^ the plank rJads up to dividends have been paid thTroadsTakEu f L ^'"'''^ *°^'} P"'"P'^«'^«- Si°°e 1864 on the year 1861, to the 1st JanuW 1869 . siL '^^^^ t^ continued with tL excep- tal loan, as has been stated wr^ino onn ' tk w^ '^ '*' ^^ l""'^ °otl"ng- The Tears of interest are $47 mSG^hl.'{ T^® ^^ payments $50,234.06 The 59.733. That for 1868 ffou Th. t "^ ""^^"^ °^ '^' ^'"''^^ P^0P« ty for 187118 ould produce $4,001.23. *^^*^ '" ***« <^o"ar on the assessment of 1858 The following ie a detailed «<^*f«meijt «<•-,-,- , .. , ''i-— ^^^""^ "' P^3mcute,with dates to the Ist January, $12,000, which it la 3sment of 1858 won , 2 per cent, on Loa to date is not kno\* of its Sinking Fui following is a detail 19 86 Victoria. i^es-*- ,al Papopg iKo. 8). A. 1871-#* Victorii Dati. 22n. .Tttnuary. 183(S 2n Kt'liruary, 18(i()..'.'.'.'.].'.".'.' 10th Decmiiher, lS(i(l . Ifith January, I8y,forthe purpose of keeping th^ canTonentr **" '^ I^^«J«recembi ^ N ne, 18 .lOth l^ecenibi lat July, 18( Slat Decenib« Ist July, 18( 3l8t Decembt 28th June, 18< 2nd January, 28th June, 18 29th Decemlie 2nd July, 18t 3l8t Decembe 30th June, I81 30th Decembe 28th June, 18( 21at Deesinb:- 2ith June] is; 21at Bccecibei A. 1S71-W^ Victoria. Sessional Papers (No. 8). Ex Clfryy K<-Mrv(^ Dati. • oto. 17 02 1011 90 341 44 91400 30 n calling for t 'lie Municipal on account of Vom the Muni. I 8 paid over en- f lual Company, I assisting the I y altering the I sjardins Canal a mortgage on en received by the payment j said loan. contrary, the $ i Canal Com- ' . ree thousand , to date are In 1871 the cents in the! ough to pay I be observed lehalf. The aiHh Decfmbwr, 18A6.. 3Ut Dwi'inbor. 18,58 .. 10th October, ISflfl l»th March, \m 4th June, 18r)7 80th Sci.tuiiilHjr, 1858., 27th July, law CMh Ek Clerify Ilnitiirvei. Total Cwh I'aymcDtf 9 ctt. 10()3 02 i;»27 7a 208U 00 14410 7'* 98078 40 A. 1871-2 ExCUrgy HnwrTM, li 9 oto. 20H7 10 8 a5 ia.M 10 SM (iU 3i- 71 of'^ir 1 .'7 ";; "^ '? T'r'^ " 18r,8,.?.l,378.r,,S8 actual value. Jt.s^vn.uml yaiuf , •'■'- A7 1 ^.22. In 187 1 the actual value of its assessable property %vas f 7.514 O'J 1 and ZuZ'i '''"'' ^'"''''it^ ^' -i'l be seen that five centJ in the'^^lolla^) /t .e a nmml ralue of its property would far exceed both interest anecemb«r, 18bO., ^')-'.* 86 l^^'ctoria. Sessional Papers (No. 8). A. 1871-2 I 35 Victi TOWNSHIP OF ELIZABETHTOWN to $154,00a *SL*Sit'^.sra7ed't!Se K •'',; t^^' 7« -—d in January, 1858, payable by the Municipalities to tircrove;nm ^t Th' Mu„ ctaliti^H"' 'T'^'r'^ ever, are not relieved of fhoiv UnKJiinJc* Ji. n, -^municipalities, tlieniselves, how- By Treasurer, through the SherilF..... ."V. ^.''{^1 ^ Ex Clergy Keserves ^I'l^]'^ 28 0,3h3 07 The last payment received* from the MunicipaVitv" was' *i'n 1 SGfi " Vlf-S ^f *^f i^^qi •« In addition to the amount paid as above iVv H./pn-i r. ' *'"»"o'' ^lie Sheriff, ment, the Railway CompanXs piid to tl^Mnni! ?. "^""^ Company to the Govern- amount of $5,768^80 : oftWs amount ll 705 ir hl?K ^^^ '"• 7^"?"?/"'"^ *!'« aggregate $189.54 for the years 1867 TSlV^i? • ''° ^f*^ '" •'''^^^i'^^^^^^^ intended to conti,rt7.eL'LU;S;^^^^^^^^^^ '^ -"^^ ^1>P- that it U paymll ;"-""" ""' '''' Municipality gives the' folding explanation of these re- Tne annual value of the taxable property in 1858 amounted to t57 775 Ti i value of the same in 1871 was. ftso •^'in T?,-,i „„ ^°< ° '«mouniea to !g5,,7/5. The annual would produce S2 888 75 while tl'.iL. . . *' ''^ *^ '^^"^'' «" "^'^ assessment of 1858 «154,oSo woSd\;quSlta '^^^^^^^^^ ^"<1 '"^^ ^ per cent, on «je Sheriff in me"! The interest^uTrrl^ofth'.; 1st o/ wfy'TsTl "waVStrst The following is a statement of the payments in detail, with daSs ■_- ' ^^28,316.50. Date. Cash Payments. 2nd January, 1855 3rd January, 1855.... 7th April, 1856 24th November, 18.56.... 3lBt D*cember, 1857.... 30th September, 1858.... 27th July, 1859 26th November, 1859.... 3l8t December, ]8.59 28th December, 1860 nth January, 1861.... 24th March, 1863 27th March, 1866 rash Ex (Jlergy Reserve! * cts. 2205 33 728 00 3932 37 Ex Clergy Reserves. 2489 71 4.56 62 2000 00 968 00 2123 99 2103 59 $ cts. 2238 23 15ti6 30 1179 90 398 64 A. 1871-2 I 35 Victoria. Sessional Papers (No, 8). A. 1871-2 January, 1858, ay, and secured ; and Renfrew, til 6 mortgage to tive assessments liemselves, how- :al payments on Hows : — »,901 33 :,106 28 ',383 07 !,390 G8 igii the Sheriff, to the Govern- =■ tlie aggregate 'ly l>aynients of pear that it is 1 of these re- ay Company is payment of the ernment out of ty through the ' Company are to which they ilance to ordi- ». Tlie annual ssmeutof 1858 t 2 per cent, on 3 made through .s $128,316.50. 'lergy Reserrea. $ eta. 2238 23 IStiC 30 1179 90 398 64 COUNTY OF ESSEX. Tliia County in 1866, borrowed, under the Municipal Loan Fund, $32,000, which it devoted to local improvements. The total payments made on account of loan amount to ^33,895.05, and it has to the credit of its sinking fund $12,791.69. The actual value of its assessable projxTty in 18r)8, was $2,824,000, and its annual value $109,440. In 1871, actual value $.'),. 'Jf) 0,000, annual value $321,300. It is scarcely worth while to say that five cents in tlu! (lollar is far more than is required for the annual payment of interest at 5 per cent., and sinking fund at 2 per cent, on the loan. The last payment was made in 1870. The followiiig is a statement of the payments in detail with dates : — Date. 7th .Tanuarv, 1850 10th July, 1'h."i(I Bth Maroli, 1H:.7 30th June, IHriH 8 23rd St'iitoitiliw, 1858 , 3rd May, isr.u 31st Di'Di'inlwr, 1859... 10th Jiviiuury, 18()0 18th Junuary, 18(i0 2lBt January, 18(i0 10th July.lHCO 8th AuKUHt, 1800 17th January, 18(il,... Ist August, 1801 10th January, 1802 14th AuBUBt, 1802 4th F((l)ruary, 1803 .., ■ath April, 1803 28th July, 1803 Sth October, 1803 15th April, 1804 8th AtiKUHt, 1804 2nd Ndvcniber, 1804. loth Fobruarv, 1805 ., 13th May, 18(15 30th May, 1805 17Lh July, 1805 22nd Fehniary, 1800.,, 28th April, idOO l»th AutfUHt, 1800 31gt January, 1807 19th July, 1807 18th May, 1809 24th January, 1870.... 30th Juno, 1870 28th Soptembor, 1870. Cash Ex Clergy Reserves.. Total Cash Payments. 9 ctg. 1090 .W 1280 00 1280 00 2509 85 1286 36 2000 00 100 00 200 00 285 58 1280 00 43 22 1280 00 1280 00 1280 00 1280 00 772 80 443 20 594 16 749 84 700 00 580 00 640 00 040 00 1442 14 800 00 480 00 907 55 372. 45 831 97 782 29 921 17 1291 59 719 26 1094 92 600 86 $32,499 51 1,395 54 Ex Clergy Reserves. S cts. 400 67 488 86 i:« 05 78 12 100 10 192 74 $33,895 05 11395 54 «5383 07 COUNTY OF GRAY. This County in 1853, borrowed, under the Municipal Loan Fund, $16,000, and expended the same in I )cal improvements. The total payments made on account of the loan to lat January, 1871, amount to $23,175.97, aud it has to the credit of it? 35 Victoria. I'l !' Sessional Papers (No. 8). A. 1871-2 vit:^^^^^^^^^^ to $5,060,000 actual It is not Avorth while to sa^ anvthinVabourfiv« nlf • ' f/'^i'^'/"""^^ ^'^'"^ $351,060. either 1858 or 1871. tITi 2 ' ka Itat/i dates up to the 1st of January 1871 ° statement of the payments in detail with Date. 27th December, 1853 22nd May, 1854 9th December, 1854, 18th May, 1855 3l8t December, 1855 14th April, ia56... . 24th December, 1856.. ist September, 1857 3rd April, 1858 6th .July, 1858 7th July, 1858 10th July, 1858 ."' 13th July, 1858 17th July, 1858 24th July, 1858 " 11th August, 1858.... 19th August, 18.58.... 4th January, 1859.. 3rd June, 1859... 30th June, 1860 .'."." 26th December, 1860. 6th July, 1861 .' 3l8t December, 1861." ' 28th June, 1862 24th December, 1862 26th June, 1863 20th April, 1864 "".' 21st June, 1864 5th January, 1865... " 3rd Auprust, 1865 2nd January, 1866... 2nd July, 1866 6th December, I860.. . 21st June, 1867 5th December, 1867. ' «th June, 1868 17th December, 1808 . . 9th December, 1869 ICth June, 1869 ■." Ist January, 1869...!!" 1st December, 1869...!! Cash Payments. Ex Clergy Reserves.^ « cts. 734 OS $ cts. 640 00 640 00 659 52 640 00 642 20 640 00 642 73 640 00 Cash Ex Clergy Reserves Total 640 1440 480 640 640 640 640 640 640 640 640 640 640 640 640 640 640 640 640 640 1280 640 640 640 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 oo 00 37 84 82 47 108 36 55 44 220 25 83 12 21 03 48 3$ $22,519 6.56 13 84 $23,175 97 $056 84 THE TOWN OF GODERICH. iionlVi!'Cll^2^Srat!To^^^^^ --^-g - the construe- up between the town a^ the iavS^^^^ '^^t^''^ ^^^'"g «P™"& were expended in improving th '3?'7d "^ """" changed, and $40,000 a central School house at a'' cost of $ 2 000 ^'^hl •' -'^^ *Z"' '""'"^ *^^ ''^^^tion of Ii.e original .™. „, ehe loJTL'' , , 1862 - . 151 , a^a ^™^* ^**'"f-, On annual value, JanuIr^^lfrT:-^"''*^*^"""^^' *^^ ^'y^^'^'' ^" ^^^-^ -ith dates up^^to the 1st Iff. Datb. Ex Clergy Regerreg. 20th February, 1856 Slat December, 185C. 3rd .Tune, 1857 !>th Julv,ia)7 12th July, 1858 14th March, 1850 6th June, 1859 9th June, 1859 '.'.'.',.[', 5th January, 1800 10th August, 18U0 ■28th January, 1863.. 3l8t December, 1863 ... 13th January, 1805 ] 19th January, 1865 ,..[ iJnd January, 1866 Cash Ex Clergy Reserves.. Total TOWNSHIP OF HOPE. i-yei^dTst'^^i:^:f^^^ Fund, which it Acts 27 and 28, vfc. Can ?6 a?d 29 and 3oTi. ! Vn^Q^'^^r^' /" ^^^^' ""^er the Port Hope and Lind^a, '^^^^^^^iT^t^foVtil.'^^^^^ in 1 1871 2 Loan Fund, ,000 400 COO 000 lid over to »till in the the town lary, 1867, he close of , 1870, the ■est, as has i in 1871, "0 ; while inual pay- it of 1858. il value. .83 ;o the 1st Reierves. cts. 9"'07" I 72 3 00 t 24 03 which it ider the k to the Grst half 35 Victoria. Sessional Papers (No. 8). A. 1871 2 years payment was made ni Deccmher, 1866 ($771), and the satne amount has been paid by the Ivailway Company every half year, to the clcse of 1870. No portion of these sums has been paid over to the Government. The la,st amount credited to the township in the Municipal Loan Fund b( oks was in January, 1860. The total amount paid over by the Treasurer is $li 316 01 Ex-Clergy Reserves 7225 38 ' Total $21,541.39 Mr. Simpson, in his repoit of 1864, states thattlie Township of Hope had imposed a tax ot 5 cents in the dollar every year since 1 859. Tliat tlie tax was paid over to the Gov- ernment tor 1859. For 18G0 and 18G1 it was paid to tl,e County Treasurer, and for 1862 and 18C3, with the oxceptum of SG-tO, which waspai.l to the County Treasurer, the money was retaine* *™« °^ Reserves. In 1858 the annual value of fbAf«vS I ■ ^^overnment from Clergy assessed at $254,337, anrinI871 at «315 47^ fW^T'^ J\*^' ""'^^'^ *="»»««« ^S in Renfrew being $106"059 J^ve cente i^n the^^Si n° ^^^^^^ ^''"^ «209,414, and that }12 716.85. andL that of 1871 ?15,773.65 -bSfs^S SoToS T ^"* \^ 1858 produces for Renfrew. The annual payment reau red fo TS r ^"^ ^"^'■^' *"'^ *5,302.95 sinking fund on the loan aLSs to1?5 ^0 iuhisTat" t i^totar ' f"' ? ?" ^^"'- amounts to $627,834.28. iix'","^. ad tnis date the total interest in arrear .uaryjmf !- "^" '' •'• ^''*^"^^' ^' ^^^^'"-^ "^ ^•^'^' -^^ dates up to the First of Jan- S2 A. 1871-2 r«w, to the cloie 9,750 82 3,061) 11 t,248 45 t,0G8 38 l» tlie Sheriff in or the last four 1 below, it is to lie and Ottawa her to the full no replies hare le subject. in reply to an ti"8 under the on the subject, en Lanark and formation that erly in ignor- ient to him by g to be derived rtionment was om him. ited enouiriea ■ of payii i: «;he ! Municipality 3 justified by e Company to be counties to to quote th# 3 were loaned le Brockville s far as I can The security jmpany, and hich the Mu- nencing June ayment from I to the Gov- or the Muni- mts to date that time no from Clergy counties was 14, and that 58 produces id $5,302.95 2 per cent. St in arrear First of Jan- 35 Victoria. Ses.sional Papers (No, 8). Dati. CmU fujmenU. Mni{ January, ISW, Railway ... vfrd .lariiiary, 1855 do. 2ii(l.fuly, 185,5 '" 3ril .(aniiary, 1856 „.'. 2('.th Kphruary, 185C, lUilway , 14th Ajiril, IHm do. 7tli May, 1856 do. .. 30th June, 18.56 10th July, 1856 ' "' 2.3ra July, 1857 3rd Octobor, 1857, Railway .... 3lHt Decern b.;r, 1857 7th July. 1858 10th July, 1S.58 13th July, 1858 17th July, J858 30th H«()t 2l8t July, 18.5'J ■.. ■■' 2:, i,s,Vi 'Ihh |i.'wiii!iir, W,i »tli Aii^jiist, iHrnf . atitii i)t'(','iiii.,.p, inrtt] 'M»t Doconilmr, 18,Jii 3I»t Marcli, l,s:)7 0th ( •.•t()l».r, W,7 lUtli Dfcnilicr, 1857 fitli .Inly, iH'Di 2:>tli I»i.J..,nl„.,., im llth .Tilly, l.s,V,» 30tli Nnvfinlier, IK")!* Jut K-jbniaiy, lH4iO WHth ])eceiiil)«r, 18ti0 22ml AuK'iiNt, l.Stll... Mnl HepU'iiilier, IWil loth Deoi'iiilirr, IStil aist July, l«(i^> 2nil AuKUst, 18iia 10th .TanuiM-y, 1803 llth AuKiiHt, 18(i3 .'HHt Decciiiber, 180;} 2l!th July, 1804 ;jrd January, 180"). 2!Hh DeceiubtT, 18W) «th April, 1801) 21g; DBcember, 1800 Cash Ex Clerify Reierveg Total THE TOWNSHIP OF MIDDLETON. In 1853, this township borrowed, under tlif> Mmiini.^^i T„ r^ ^ *_ Invested in local improvements. The tota p^.^S n 1^^^^^ ^''^^'^' ^^^^-^h it .mount to $4,922.35. and it has at its credit 'In' rlk't ft^.Sfe s'io ^'f^ *" ""'l' 1^„^!?" l^r^f'-r^^'-^-t^-"-! cessment of 1«58 or 18^1 Vo lldlX^^^^ while the interest at 5 pe cent. a7d sinta rndTt " ner .Tn/ "°"'-^ P'""'"'^^ ^^'^O^-IO foIWrn^isastateW^fthepa^e^ii^S^^^^^^ ll |) < S4 A. 1871-2 I 35 Victoria. Cl«ivy licserrw. • Ota. OA!) 89 Soasional Papers (No. 8). A. 1871-2 ■HlTB. flth .Filly, 18,14 22ml May, ISW nth July, 1H55 llith .liMiiiary, laifl.... l:Uh Au.(iiHt, lHr.»i 12th Ki'liruftiy, lH.'i7 .. .'Unt DwfiiilHT, lNfi7 ,, IHth Jaiiimrv, IH.W.. Hth .Filly, nNr.8 27th .liHiiiary, im)..., nth Hi'ptiMiili.T, 1M59.. 27tU .FmiiiiH-y, IMfiO. 2()th March, lmr>.... Hth March. 1hil7 lUL July, 18(i7 Cwh Ex C'largy lieservos. Total Cwh PaymentH. • Ctd. 230 45 2U() m 2(H) 10 2U0 00 200 00 2U00 00 208 00 120 00 120 00 120 00 120 00 240 GO 102 28 120 00 4285 ai HM 52 4022 35 Ex Clvrej Retervet, t ct«. flao M 630 sa 089 88 THE TOWN OF NIAGARA. 00, which it ility to dat« Five cents d treble the )u tlie loan. 1 in 1871, $1,009.10, S350. The f January, In 1853, this town borrowed, under the Municipal Loan Funrl Ssoannnn -v; i. -l advanceil to the Erie and Ontario RailwayCompanyilcO^Sc" "--''—'''" ^ '* a first '■—- ' • was sol as paid the town .tale, that tl,. intere.! on the mortgage ha. Mcumied"t; T;sir!^;r:hrtor''.i"^L"'!i'..r.i?T5'r,«" f" "•» 4-. 14 'ooo^iir: 114,000. Total amount paid by Treasurer .. aii oio Ex Cler " p^nf^ Jn i uti The^followmg xs a detailed statement of payment, with dates up to the^lI^roUanual^; S5 ij 36 Victoria. Sessional Papers (No. 8). Date. 30th .Tuly, 1853 Slat December, 1853 . 13th January, 1853.... 4th July, 1834 28th February, 1855.. 10th .September, 1855.. 2nd February, 18.50 . . , Slat December, 18.5ti .. 3l8t December, 1857 .. 30th September, 1358.. 27th July, 185a 14th August, 1803 4th January, 18(J4 19th January, 1805 Caah Payments. Cash , Ex Clergy Ileserves., Total $ eta. 1200 00 31 2400 6227 2400 143f>4 10272 10 00 40 00 03 88 4826 68 1206 P7 2413 ;t3 4«42 99 6440 18 60783 17 A. 1871-2 Ex Clergy BeseiTM. 9 cU. 4323 2r 11-28 15 781 OS 207 6* 6440 18 NORTHUMBERLAND AND DURHAM. In 1854 these Counties borrowed under the Municipal Loan Fund $460 000 which they invested in local improvements. Their total payments to the 1st January'of this IToo ,T,Tf *^° $*04,232.92, and they have at the credit of their sinkiL fund »122,d43.14. lo meet the annual payment of 5 per cent, interest and 2 per cent sink- ing fund, the sura of $32,200 would be required yearly. Five cents in the dollar on the assessment of 18o8 would yield 146,702.15, and on the assessment of 1870 the last Assessment returned, five cents in the dollar would yield $32,733.51. The assessed actual ralue of the property m the Counties was, in 1858. $15,567,387, and in 1870, $10,911,171. that of 1871 not having been obtained. The following is a statement of the payiienti in detail, with dates up to the First of January, 1871 :— Date. 26th Auguat, 1854 .... 3rd January, 18.55.... 24th Auguat, 1855 .... 10th January, 1856... 2nd October, 1^56.... Slat December, 1856 . 2nd April, 1857 lat July, 1857 16th July, 1857 5th January, 1858 10th July, 1858 17th July, 1858 29th July, 1858 2l8t Auguat, 1858 30th September, 1858., 9th February, 1859 .. nth July, 1859 23rd July, 1859 a7th July, 1859 Carritd forward Cash Payments. 9 cts. 2419 72 4800 00 4800 00 10147 95 10880 00 14843 62 757 03 6000 00 2000 00 8569 60 857 21 36 Ex Clergy ReiervM. 9 eta. 1120 M 814 2* 1446 24 1502 82 8892 72 480 4S 463 7« 3616 92 i ' -il A. 1871-2 85 Victoria. Sessional Papers''(No. 8). A. 1871-2 Clergy E«8erT«i, 9 €ia. 4323 1128 781 207 15 OS 6$ 6440 18 60,000, which muary of this sinking fund )er cent, sink- dollar on the 1870, the last ssessed actual $10,911,171, he payments lergy BcseirMi. t cte. 1120 M 814 2* 1446 24 am 82 88i>2 72 480 4« 4(3;{ 7« 3516 92 Date. Brought fovward . flth Dcci'inlier, 1859 . 13th DocombiT, 1859. 2l8t J )(icuinb«r, 1859 . 28th l)uc('iiil)«r, 1859. 31»t nuo('inl)er, 1859, 18th .laimivry, 18ii0.... 6th Kubniary, 18(10.. IBth Kdhruury, 18U0.. 3rd Miiriih, 1800 12th Mnrcli, t8«0 3rtl .Inly, 1800 28th Diicumber, 1800 . 31«t December, 1800 . »th July, 1861 30th Dooumbor, 1801. Slst Deoomber, 1861 . 14th Jimimry, 1862 2fitii Jatniary, 1862 8th I'ubrnary, 1802 .. 13th March, 1862 4th July, 1862 7th July, 1863 l«t July, 1864 9th November, 1864.. Slst Ducember, 1864.. ,3rd January, 18tJ5.. . 2nd HcprMnber, 1805.. 20th Dumnber, 1805.. 29th i>ccombor, 1865 .. 2ndJauuary, 1860 16th January, 1806... . 7tii Kobnuiry, I860... 19th March, 1860 13th July, 1866 18th Dociinber, 1860 .. 3lHt Ducumber, 1806... 11th January, 1867 10th Jamnvry, 1808 3l9t January, 1808 18th April, 1808 28th Ai.iil, 1868 6th May, 1808 8th May, 1868 20th May, 1808 20th May, 1808 l«t Juno, 1808 Iflth Dcoouibur, 1808 .. 13th January, 18(i9 3rd February, 1809 ... Ist May, 1809 30th December, 1809 .., 16th December, 1869 ... 24th Ducember, 1869 .., 28th December, 1869... 31«t December, 1869... 11th December, 1870... 12th December, 1870 ... 31st December, 1870... 16th December, 1870 ... a7th December, 1870... aut December, 1870... 3Ut December, 1870 ... CMh..,„. .,...,., Kx Clergy Reserve. , Tot«l «7 CoRh Payments. f cts. 1072 fiO 3650 00 2013 05 2125 60 7291 43 5654 06 1316 76 8611 65 866 00 1237 55 29000 00 7800 00 20000 00 9000 00 4000 00 1800 00 1500 00 500 00 6000 00 10000 00 15908 70 8000 00 l2;wo 00 2!K)0 00 2600 00 2000 00 991 :!0 17000 CO 8r)00 00 2984 00 14000 00 8000 00 500 00 3000 00 1500 00 2500 00 .500 00 1200 00 500 00 5000 00 14000 00 2.".00 00 800 00 9000 00 8000 00 10000 00 6000 00 3000 00 5000 00 1200 00 1400 00 13000 00 9000 00 2000 00 6000 OO 74128 63 464232 82 Ex Clergy Eeierrea. S ct(. 10005 87 15216 4« 11035 44 6085 20 4762 80 3608 64 4516 4* in i 74128 SS m 36 Victoria. Sessional Papers (No. 8). A. 1871-2 TOWNSHIP OP NOKWICH. ^^^•'So!^^:^;!:;;!;^^^^^^^ i.orro.;,i ^200.000. woo,n.o„«o Lake Erie i..ihv.,' J/'J^^Jl ^ H; ^^ "-^.•;1 in tLosto-k ,^ tl. W.So.S houtl.on, Kn.hvay an.l otluT losislati ,, I a!l co^tr /l ? '*>' '"'•'"■|>"niting the that thoroforc tl>.. (Jovo,,,n.n.t 1 uH iL] ,"? •■'""'^r' f '"' ''"•'■«'^"> tiu-ir n.l.n.y, Z fMr. NprafTKo. tl.n, vice-dianccllor now tin n.', I ^''^"'''''3' '-y t''«' j<"l«ni..nt thooaM, to tho Court of hVror .a n rn,il h^ ^^^^ '' ''^ ^'"''"■'"- '^"^ "" oanying c palitios now stand hablo to Dav ,.,V '! l ' """ "'"« «"v..rs,.,l, an.l th., M,,nr entorpri.so whi.!, t„rno,I ont o CunnZ^^Jf^'' -n""''' T"' '"^'"«'^'^' i^« '"•'■"T " ^ of U.0 M„nin,,alities, .that the.; t ^iiv JC^ ' ^T '^f ,"^""''^''- ■" ^'^vol^ abandonod, and neithor thev nor miv m -^ '"vtstm, „t and tho wh«]o undcrtakin- was Nor>nch and So.,th Norwich. The annua vJr'^ff"'; '' ""^^ f';P''^'--'^*"l '"^" North Mnountod to Jfsr.joo ,.^,„, ■ 1871 toTsi 7q/ p- "^ '*' '^ssossablo property in 1858 nient of KSr,8 produce's $4,28G la To^^ 5 trlont T'l'^ "I t'-\''""-r \.„ {ho a,sso8s- fimd on the loan would roquire an ■uxnuJr^.fJ I Tl\ '"*'"''''* •'^"'^ 2 per cent, sinkinc SOth June, 1854 9th Ularoh, 18,k5 . „t"J i^t'l>tomber, !*■,(! •"ft V'"'-''^"'^'''', IS;*)".... */'" ^q'tfinbtT, ItkS.... 37th July, 1859 . Cusli Kx Clergy Kegerves COUNTY OF OXFbRD. i^:^ local i.npro.e™ents. 112 347.58. The annual amount reauired ?o ni k '^'f^-'^'* '" *h« sinking ftind «Dkingfund on the sum borrowed TouTd be ff^nn^V'"*- '""^'"''^ and 2 per cent jents m the dollar would yS%J7vn.\lY^.^: .^^'' assessment of 1858 at five «J/,i:Uo.45. The actual value of fbo"ol"""VV "" '""t-ssment of 1871 would vield 1858 to 18.913.684, and irlr7ltt2"oT?5t ?rSlo"- '''^ ^•';^"^>^ amou^dln •f paymente, with dates up to the Fim of jSiy \\]I'!^_}^'''''S ^ a detailed statement 38 ' A. 1871-2 W. W.„„ll,o„8e, •<'Siinciiitially con- '•!« f^lt().^etIlcr. 'orpi'i'iitiiig tho ciillapKo oftlio fir money, and lofiiiH. In tills tlic jncignicnt lit on carrying intl tlio Mnni- y other Mnni- i money in jm •tion in favonr l<'it;iking was ;ot hold of tho ^ <'xi)('nditurc. I piiynients in ' t'overnnient \W2, making total interest il into North •Tty in 1858 un tile assess- t .'tOtli DcwMiilicT, 1H51 " ' . 7tli .Inly, IMf.-) 9 1102 800 800 800 800 800 Kim 8:io 800 800 800 800 11 8(H) 800 800 800 800 800 800 800 800 800 1000 ctH. 47 00 00 00 00 00 00 57 00 00 00 00 i;( 00 00 (Ml 00 (H) 00 (Ml m 00 00 00 * CtK. 7tli .lainmiT, lnr>() 4lh .liilv, tm KHIi .Imiiiivrv, IH")? «th .Inly, IHW 2lHt .laimiirv. 1858 12th .Inly, iH'iH aiHt Ddcciiilicr, WM 4tli .Inly, IHTM .*?]Ht DrcHnlicr, IHW •ll.li .riiiniaiv, IHOO 12tli .lulv, IHdO Jtrd .lanuarv, 1801 18th .lulv, m,\ 4th .lannary, 18t)2 . 12tli .lulv, 18(12 2:inl Ki'hniarv, 1803 lath Ansust, 180:t 27th .laniiarv, 1804 18th .liily, 180.1 20th .lanuary, 1805 nth .Inly, l'8(;,-) i;tth .Inly, 18(p,j . . Iti03 C6 15th .Inly, 1807 800 8(K) 8(K) 800 800 800 00 00 00 00 00 (H) 15th .lannary, 1808 ;tlHt .Inlv, 1809 13th .January, 1870 «th .Fuly, 1870 22ua iMiuiubcr, 1870 Cash 824,;»44 l,fH)3 17 50 1003 66 Kx Clergy Kesfrves Total «25,947 73 I cts. 5(i02 .30 lo ", . wh November, 18U0 Aid .January, 1867 8th iWv.lSer i«n December, 1868 .' ^^ndDeteraber, ]8<)9.. . Jlst December, 1869 .. . «iid December, .^ Railway Commny nothuig on account of its stock "^tW r -^ 7' ^^^^' *''a<^ the tmvnship his i-pppS Ex Clergy Eeserves '*'.', •••#■... •$15,824 37 • 6,631 89 Total For four consecutive years, I860 1 o'"q'V^"'1 V." $21,456 26 five cents m the dollar on the annual vaIu7of\,^^^^ paid its fuU assessment of I„„':!? annual value, would y;«M 4i ic-r "^'J '^^ *^« assessment of 18.58 »hich ^ «--,o<6auuual value whirh Qf fiV.""" ^V*'^'- ■i"e assessment for 1871 "r"'\'. A. 1871-2 Clergy KewervM. 9 eta. 12X2 10 3208 87 '2:m 02 WJ5 6* 36 Victoria. Sessional Papers (No. 8). Date. 12th .Tuly,1854 asth January, 1855.... 12th July, 18!>5 31st December, IS'^i . 10th June, 1857 4th Septembei-, 1858.. 27th July, 1859 8th Fcbrnarv, 1800.. 10th March, i860 2n'J February, 1801 . . 2l8t February, 1802.., 7th March, 18fi;{ 21st October, 186:1.... 16th August, 1866 Cash Payments.' t ota. 3200 00 3489 32 3200 00 Cash Ex Clergy Reserves., Total 500 4fJ3 1000 410 1187 1187 1187 00 05 00 97 01 01 01 A. 1871-2 1.5824 37 5631 89 2145C 26 Ex Clergy RMeryM. 9 Ota. 3.'?97 27 1069 60 941 IS 223 96 5631 89 9,664 69 d, the whole r Company, } to dispose it is recited msfer of its eement out, las received ler hand, it 17 was paid 'al amounts vvaiting the ssment o'^ ayment pf 3t accouut ting funi which is burned at Thef(3- ' Janua,ry, TOWN OF PORT HOPK w j^^° ***^^ amount of money borrowed by this corporation from the Municipal Loa» l^und was $860,000. Of this amount $730,150 was expended in the construction of th» Port Hope, Lindsay and Beaverton Railway. I, ^.I'he Treasurer states "that by subsequtnt Acta of the Legislature the securities held by the Municipality of Port Hope against the Company were legislated away, and con- sequently they have now no assets whatever to shew against this amount." "The balance borrowed from the Municipal Loan Fund, viz., $129,850, was ex- pended m aiding in the improvement and extension of the Port Hope Harbour. Th« following incumbrances exist against the Harbour, viz., to the representatives of the lat« George Weir, contractor, $37,500. Outstanding bonds to the amount of $30,000, bear- ing interest at 8 per cent., being a bonus to the RaUway Company under an Act of th« Ontario Legislature." The total payments made by the Treasurer amount to $130,839 42 Ex Clergy Reserves 9 594 86 Total.. $140,434 28 For the last ten years the aggregate payments will average $6,125, equal to jRv« cents m the dollar on the assessment of 1858. The assessment for 1858 was $125 506 annual value ; that for 1871 $89,341 annual value. The total amount standing at th« debit of interest is $904,578.56. The following is a detailed statement of payment* mth dates up to the First of January, 1871 :— %i 35 Victoria. Sessional Papers (:^To. 8). Datb. Slut December, 1853 . 14th January, 1854.. 3rd July, 1854 17th July, 1854 22nd January, 1855 ... Ctb July, 1855 3rd January, 1856... Slst December, 1856 . 2()th January, 1857., 30th September, 1858. 27th July, 18.59.. Cash Ex Clergy Esservea. Total Cash rayments. 3rd December, 18.58 .."......'."... 14th January, 18(10 ,..,,, 21st January, 1800 '. 6th February, I860.... 3rd March, 18G0 .... 7th March, 18(iO [ 14th Augxist, 1862 19th September, 1862 11th September, 1863.. 13th January, 1865 20th January, 1865 3rd February, 1865... 28th April, 1865 . .... 23rd October, 1866 ;" 14th December, 1868 ... . 14th December, 1869 23rd December, 1870 ... '. 9 eta. 103 69 133*3 33 8000 00 2419 72 18761 65 20800 00 6167 67 1018 75 1400 00 1000 00 900 00 1000 00 806 59 933 33 666 67 3072 00 4000 00 389 33 ;!82 67 21282 70 6125 33 6125 33 6125 33 6125 33 130839 42 9594 86 140434 28 A. 1871-2 Ex Clergy Resenrsa. « •*■. 0042 U 2044 13 1149 64 350 94 9594 86 COUNTY OF PERTH. gross income for the nine years of r> 71 1 Tb! tn^J '^^'^^^O-being »n average annual Lnual outlay of abL""^" leaJhig a net^Snnu tZ^TTil ^U T.I" '"Tf'l net revenue for this period of 824 399 From 1 8fi5 f n 1 sfis wi, *2,. 11— makuig a total »VM6 annual payment from this source for the tour I«.t years ia a M« IhoT^f il iff, mi wUl contmually grow 1... untU tk. Clergy B.«rv."X^"aJe S^'^^d^^S 42 A. 1871-2 35 Victoria. Sessional Papers (No. 8). A. 1871-2 lergy ReservM, $ ats. which is rapitUy approaching. To meet 5 per cent interest and 2 per cent sinking fund on loan would require an annual payment of 820,100. Tiie annual value of the assess-, ment of the property in the County amounted in 13.")S to ?28 45^9^ ti ! n. i ^ 'f^'^-.^^' of its property in 1858 was $05^ 5 32, aTd if^'szT «^0 640 ^rX/''^'^- ^^^1!^ dollar on the assessment of 1858 would producers 27?7fi'i?i Five cents in th. 5 per cent interest and 2 per cent stSfLf'^r^ il a '' ''"""''^ mm^nt of This^own is rapidly payin/^ff Us" Vul'lf, Sn "^unrinStoTer^^ '' ''''''^ IK, the FirlfofTfuSy? iTul^' ^' "'^ ^^^"^^"^« ^^'^ '^^ '^ ^ ^«^-'' -th dates up Date. 29th December, 1853 . 17th July, 1854 2nd September, 1854 29th January, 1855.... 6th July, 1855 2nd January, 1856... 31st December, 1856. 10th June, 1857 .. 10th July, 1858 .'.■." 27th July, 1859 12th January, 1860. . 27th February, 18C0 . 28th December, 1860 2nd May, 1861 27rh May, 1861 3l8t December, 1861 . . 16th January, 1863. 30th Decemljer, 1863 .. 14th February, 1864 13th March, 1864 .... 29th January, 1866 .. '" 24th December, 1866 2l8t December, 1867.... 28th December, 1868 loth December, 1869.!!! 20th December, 1870 6th July, 1866 !!!! Cash Paymeuta. $ cts. 1866 67 400 00 1200 00 1600 00 1600 00 1600 00 1600 00 3200 00 75 26 3275 26 410 81 6600 00 3200 00 3200 00 3200 00 1600 00 1600 00 3200 00 3200 00 3200 00 3200 00 3200 00 3200 00 1600 00 Cash Ex Clergy Reserve , Total 66028 00 1311 40 67339 40 Ex Clergy BeserrM, • eta. 61 1* f"7 02 313 » 1311 4* THE TOWN OF PRESCOTT. advancei?o^h^Cw'nTf'^pl^^^^^^^^^ '}' ^"^T^ ^'^^ ^-d, which ii 44 (V. 1871-2: 55 Victoria. Sessioi.al Papers (No. 8). A. 1871-2 ), which it ipany. The iuffiilo and tl Goderich 557,339.40, nual value nts in the ayment of ;o $2,800, li dates up- y KoserrM, I cte. 1 1* 7 02 3 M The town also subscribed for $30,000 in the stock of the Company, for which it iMued its debentures, $27,200 of whjch have been retired hy the town, and the bal- ance, $2,800 matures on the firsi of November, 1871, for the payment of which an assessment has been made. The total payments credited to the town in the Municipal Loan Fund account are : — In 1854, paid by the Railway Company, $5,358 00 1859, " " 2,380 00 $7,738 90 In 18G3, paid by the Treasurer $2,0G1 94 " " 1,935 60 3,997 54 Ex Clergy Reserve Fund for the years 1856-7-8-9 5,748 38 Total $17,484 82 The annual value of the assessment in this town was in 1858 $47,560, and in 1871 $33,949. Five cents in the dollar on the assessment of 1858 produces $2,378. The an- nual payment reouired to meet 5 per cent, interest on loan and 2 per cent, sinking fund, ia $7,000. Therefore five cents in the dollar on the assessment of 1858 falls short of the payment for interest and sinking fund by $4,622. It is in arrear for interest to date. In 1,605 14. ^ Rate of taxation for the years 1862-3-4, and 1869-70-71: — On annual value. On actuAl value. On annual value 1862 - 16| 1869 - 1/,^ - - 25.33 * 1863 - 15 1870 . l^^^ . . 25.83 1864 - 15 1871 - 1^"^ . . 27.83 The following is a statement in detail of the payments made, with dates up to the First of January, 1871:— *^ 4» Datb. Cash Payments. Ex Clergy Reaerrca. 13th June, 18.54 $ cts. 5358 90 « ct*. 31st December, 1856 3738 73 1047 Of 705 Ig 267 «) 3l8t December, 1857 30th September, 1858 27th Ju y, 185'J 28th|November, 1859 7th August, 18f)3 2380 00 2061 94 1935 60 24th February, 1805 Cash 11736 44 6748 38 6748 38 Ex Clergy Eesenres Total 17484 82 i i ;# rhioli ii and St. litiei, of J or ix^ panj t* THE TOWN OF PETERBOKO'. In 1857 this town borrowed, under the Municipal Loan Fund, $100,000 to aid the eonstruction of a branch railway from Millbrooke (on the line from Port Hope to Lind- «»y) to that town. The repayment of this amount was secured by a mortgage on the lease of the branch railway from Millbrooke to Peterboro'— the sum, however beine jreduced from $100,000 to-$80,000 (See 27 Vic, c. 60). This m»»rtgage was stren^ened 45 ' 'il :> 1] ntl -i 35 Victoria. Sessional Papers (No. 8). A. 1871-2 unpaid principal. Th. o pav>n'n?"f m fs i^ tn m .'""' '"".^' "'" '''*^ '"^''""'" " maae to? the tLn of ^^tiS '2/Z ^^t^J'::^^^'^^^^^^ -"'-^ if larly- The total cash payment, ma.lo by the treasurer, amount to Jtn 3t0 00 hx Clergy Keserves 1 'no 18 »,, , . . «47,G% 74 .nnuit:3;ro?s^;:;;t;?;;'^;;;^j;:Toi;v'^ ^;srLP^''«^-^«- th. require to pay 5 per cent interest m. 2 nr.w J t V ",' ''^^'' *-^"'*''^^' '^ ^^""l73 56 17.11 22 (Utf r« 2483 tf TOWN OF SIMCOE. This town, in 1853, boiTowed iuuKt tlio Municipal Loan Fund SlOo 000 wl.i,.), H invostecl m the stock of the Woodatock and Lnko Krio l^uhvay L. 1 r .u Spa, v I r;:' Nonvtirp. - "■ "^'"*''''" " '^ ^'"^ '"^^ '^"'^ -v-t^n^r t';.?.' The total payments made on account of this loan to date are .i?13,69;j.01 Tlio intcn-s( m arrear amounts to $100,09150 Thcro is no means at hand by wl i irtIu/as"essnTo, l^^5(liini'^lr\Z i'^^^'^^^^^ it avernge,! between ^-a-.eoo and «26,500. Siincoe would require to pay annually $7,000 to meet 5 ner cen interest and 2 per cent, sinking fund on its indebtedness. Five cents in tl^donir L th ", Jauulry! 137?:!!!.° '' *" '^'^'"""^ "^^*' P'"^'"''"*' '"^ '^°'°"' ^^^ '^^^'^ "P *» the First of )0, which it to January, 7.44. Fur- ; is a state- dat«s up to rgy RttMrre*. 9th Marcli, 1855 2ntl September, 1856. 3l8t December, 186C 4th Juno, ia57 30th September, 1858 87th July, 1809 9 alt. '8« M !72 M 58 M THE TOWN OF STRATFORD. sinrl rir^\' '^tratlbrd borrowed $100,000, which it advanced to the Buffalo Brantford and Goderich Radway Company, on the security of its bonds. These bomh afterbc n^ P cenVandr^rnc'Jr^ °'^''^"' f^T '''''' ^^'^ ''^^' and releSJm "to^Sf per cent, andthe proceeds Avcre expended on a market house the construction nf tl,« Mornington Road, and in improving the streets of the town 'o the.?e Smen?. t Ic market house alone yields a revenue, from four stores, being portions S U^ buUfrnJ The total payments made by the Municipality arc «30 249 1 Q Credited ex Clergy Reserves '" * 2'283 92 Total $32,533 11 It is now in arrear for interest in the sum of $85,650 41. «f fl£^" 'T '"'"'ix"'^? i^i^''''^^''"? MujiiciprJity has iiudo its payments on the reduced scale of five cents m the dolhir of the assessnv nt of 1858. The annual value of itr.,,l«S property in 1858 was $58,943, and in 1871 $54,367. F^e cents in th- dol ar . n S assessmentof 1858 produces $2,947.15. Were the town to p^jTpS ce "t in rest and 2 per cent sinking fund on its loan, its annual payment would be $7,000 Januagr' 187T:!!!? '' * '^^*'°''"' ^'^ '^' P^^^^^^ts in detail, with dates up to the First of ^ 49 Ifl 35 Victoria. l!i*>r Sessional Papers (No. 8). Dati. Cash Payment*, 30th January, 1855. 17th October, 1856 .. 23rd July, 1857 3lHt December, 1857 7th July, 1858 27th July, 1859 28th December, 1859 12th January, 1861.., 10th February, 1863 . 23rd March, 1863 14th January, 1864... nth July, 1865 23rd February, 1866 ' 28th February, 1866 7th January, 1867., 26th May, 1868 17th February, 1869 28th February, 1870 Cash !Bx Clergy Eeserves.! Total, t cti. 2980 82 400 20 220 88 2947 16 2947 15 2000 00 1123 98 2947 16 1000 00 1770 32 1500 00 4464 64 1000 00 2000 00 2947 00 A. 1871-2 Ex Clergy Reserres. $ Ota. 1383 22 393 65 607 16 35 VicI 30249 19 2283 92 32533 11 2283 OS TOWNSHIP OF WINDHAM. compEr„? Z tl^or''ly^;L'til7Z''i^'''i:'Z^, advantage /*. Oth \ 2ndH 31it L Slat D 30th Si 37th J In 18 stock and nations, so amount pa Its last pa the Gover money con amount to hand. In dollar on t meet 6 per The fo Januaiy, 1{ 30th Jun« Oth Marc 2nd Hopt( 31 at Deoe 30th Sent( 27th Julv. SO A. 1871-2 "lergy Eeserres. $ Ota. 1383 393 607 22 6S 16 35 Victoria. Sessional Papers (No. 8). A. 1871-2 Date. 9th March, ISflS 2nd Heptomber, ]85fi., 31»t Doccinljcr, 1856 . Slut December, IS.lz 30th Suiitember, 1858., 37th July, 180a Cwh Payments. Ex Clergy lUaervM. S Ct8. 2636 52 8000 00 Oaiih Ex Clergy Reserves., Tot»l 10636 52 4891 90 15528 42 t ots, 3864 82 972 90 787 98 266 20 4891 90 2283 08 .000, which ■ CompanT. The Com- hopeless ed, forerer li together the stock st hope of ige of the mation in -. Up to X made in 1 retained w amount not been the dollar per cent. tail, with TOWNSHIP OP WOODHOUSE. 8tock^andTak?ErirRal ^°^ ^Tt^ ^* ^^ ^'^^ ^'^^^ «f the Wood- nations, seXwml ip of S^eh p an7E , • ' ^e'^' ?u''''^ ^'''- ^'' '^^''^ the GovEnt Trom that S^ '' ^' ^r^^i nothing, except that money coming to tretownshironLountonheW '?? ffr^ *^' P^''^ ^^^«^^« amount to $79,928.32 5 arnuTSn« nf -f \«tot'»l ""-ears for interest now hand. Inl?G4' it .tu2ei tTA\t, afdt m'^SZlu' ¥i.T !' -n,^* dollar on the assessment of 1871 produces 42 M9 on Th *^"'^t ^^^^ *'®°*' ''' '^^ meet 5 per cent interest and 2 perCntTnk^^gSon^S LTl^uTdTU^or' '" Janua.y:fJ7T:-°''^*^***^"^"^^^P^^-^-- ^^'^^' withTateTSp' tj fhf Rrst of Bail Cash Payments. 30th June. 1864 9th March, 185« 2nd a«i)tembtir, 1856,. oAl ^^"O'mber, 1866 .. 30th September, 1858., 27th July, 1859, Cash, Ex Clergy Reserves!! ToUl 9 ots. 2963 28 3234 72 6400 00 Ex Clergy ReserTes. $ cts. 3188 92 868 02 267 96 12598 00 4324 90 16922 90 4324 90 51 I'?";! 85 Victoria. Sessional Papers (No. 8). A. 1871-2 TOWN OF WOODSTOCK. . In 1853 this towu bonwed uiuler tlio Municipal Loan Fund, $100,000, which it invested in the stock of the Woodstock and Lake Erie Railway and Harbour CompanT Its investment became an entire loss, and the work in aid of which the stock was taken has been abandoned, and tliere is no probability it will ever be resumed. The Com- pany isjiopelessly insolvent, and the whole undertaking has collapsed never to be revived lov further explanations see Townsliip of Norwich, page . Township of Windham* page and Town of Simcoe, page . The amount paid by this Municipality on its S97'iJn\?*'T.^'''''¥'-, ^^^ ^'''''''' 'V'''''' «^ *^«^°^" amounts^at this daS I l/n i^Iofl- ?i°r'ri/r^i"'°^'''''f'''?^^^^^ i» 18<54 was $46,651, and m 1871 $54.26/, that of 1858 is not at hand. Five cents in the dollar on the asses... mentof 1871 produces $2,713.35. Tiie payment required to meet sTr cenrintrs and 2 per cent.smking fund on its loan would be $7,000. The town has made no pay- ments since 18o6. Between that year and 1860, tho Government retained and applied the Clergy Reserve money coming to the town on account of its loan The foUowmg IS a statement of the payments made by this MunicipaUty in detail with dates up to the First of January, 1871 :_ ^ ' ' Daiz. 30th June, 1854 9th March, 1855 2nd Septemtvyr, 1856., Slst December, 1850 ., 3l8t December, 1857 .. 13th July, 1858 2-th July, 1859 Cash Payments. Cash Ex Clergy Keeerves. Total 9 ots. 3441 10 4043 40 8000 00 Ex Clergy Beaerrei. 16484 60 6800 81 22285 31 t eta. 3964 43 1407 60 1105 38 323 40 6800 81 .1 ■ ;! TOWNSHIP OF WAINFLEET. _ In 1853 this township borrowed under the lAIuiucipal Loan Fund $20 000 which it invested m the stock of the Buffalo, Brantford and Goderich Railway Commur^^^^^^ B ffi '^rtrr'^rn'T' -^'r' ^••'^V^'P^^^""*^'^ *'^« re-organisation of UieaffSf the ^,d T ni-n S /'V^ ^'n'''^' ^"''^"''^y ^°™P''^"y ^y tl'e incorporation of the Buffil and Lake Huron Railway Company, in 1856. -wuiluo and It has to the credit of its smkin- fund «fl4.559.05. It hn.. alwpv= k»nt it= intt' t lli t'^h"J^ l»"'i P«i'l "P in f-ill. The annual value of its taxable nropertv in 1858 wa1 pr^u s $2 275 Is wK, ^T''' ^^^" ^'^"^^ 'V'^' ''''''' ^ ^^'e aSmeit f iS S£rfuKfil^o:n1:$t40a""^ ^"^"^"^ ^^ ' ^'^ cent, interest and 2 per cut. The foUowmg is a statement of the payments made by this Municinalitv on «opo«nf of Its loan in detail, mth dates up to the First of January, 1871 ^"°'''P*'*^y «"» "''•«°* 52 A. 1871-2 35 Victoria. •,000, which it our Company, ock was taken . The Com. to be revived, of "Windham, :ipality on its '9 at this date $46,651, and on the assess- cent, interest made no pay- 1 and applied lityin detail, lergy Baserrsi . I cU. 3964 1407 1105 323 43 60 38 40 6800 81 00, Avhich it mpauy, and iffairs of tho the Buffiilo $28,565.18, its interest n 1858 was mt of 1868 2 per cent. on account Sessional Papers (No. 8). A. 1871-2 Date. Cash Payments. ] Ex Clergy Reserves. 31st December, 18.53 . 9tli January, 18.j4.... 17th July, 1854 2nd September, 18;>4 , 3rd February, 18;");) ... 5th February, 1855 ... 20th July, 1855 10th December, 1855 .. 3rd January, 1850 1st September, 1850 . 20th December, 18r)(; ., 3lBt December, 1850 .. 29th December, 1857.. 1st Depember, 1857 .. 31st December, 1857 .., 14th AuguHt, 1858 3l3t December, 1858... 31st December, 1859.. 19th .January, 1801 12th March, 1861 13th March, 1801 10th August, 1801 10th March, 1802 2.3rd February, 1803 ... 3rd September, 1803 .. 4th .January, 1804 22nd October, 1804 23rd January, 1805 8th February, 1800 ... 23rd January, 1807 .. ., 31st January, 1808 5th February, 1808 .... loth January, 1809 15th January, 1809 7th January, 1870 13th December, 1870 .... $ cts. 9 14 1133 15 200 00 000 00 200 00 004 00 700 00 903 00 1 00 500 00 327 15 800 00 187 02 019 73 8J0 00 $ cts. 1127 00 1015 :iS 9.50 00 100 00 315 31 475 20 1100 00 1999 19 219 60 1380 40 158 34 1479 66 1025 27 1000 00 1298 00 2,55 42 2J2 50 1377 50 1600 00 16i)0 00 481 62 Cash Ex Clergy Reserves. Total 28083 50 481 62 28305 18 481 62 In TJ^l fo'-egomg contains a brief review of the several loans effected by Municipalities m Upper Canada, under the Municipal Loan Fund Act. It i.s hoped rtlt it^J ^sunnlv all the information so.ight for by the "Returns" passed during the last Ses iono thelal L giskture. Great ditKculty has been experienced in obtainfng, by correspLence tin? ful and accurate information necessary to make a complete report on all the c°rcu,5ances and fiicts incident to each loan, and necessary to be known and consideml in f irnt. correct judgment as to the ability of each Municipality tcILet Us . £ fonj SS the expediency and justice to the non-borrowing and n()u-defaultin- Siir'i, . ;h«! S "^^^l^X:^^:^ '''^^'' P--^' ^'-^ ^-'^ and ciicumstanL iS^S Treasury Office, ^' ^- WOOD. Toronto, 1st December, 1871. 68