Bill 72 (Legislature 5, Session 6)
L5 S6 9378
Alberta — Bills
BILL No. 72 of 1926.
An Act for Raising Money on the Credit of the General Revenue Fund of Alberta. (Assented to ,1926.) H IS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Lieutenant Governor in Council is hereby author ized to raise by way of loan a sum of money not exceeding three million dollars for any or all-of the purposes follow ing, that is to say: (
a) For the Public Service; for the covering of any· debt of the Province on open account; for paying any floating indebtedness of the Province; for the carrying on of public works authorized by the Leg islaiure; for the satisfaciion or discharge of any obligations of the Province; and for such other pur poses as may be authorized by the Legislature, two million, seven hundred and fifty thousand dollars; (
b) For the extension of the Provincial Telephone Sys tem, two hundred and fifty thousand dollars. 2. The aforesaid sum of money may be borrowed for any term or terms not exceeding fifty years, at such rate of in terest as the Lieutenant Governor in Council may determine, and shall be raised upon the credit of the General Revenue Fund of the Province of Alberta and shall be chargeable thereon. 3. This Act shall come into force on the day on which it is assented to. No. 72. SIXTH SESSION FIFTH LEGISLATURE GEORGE V BILL
An Act for Raising Money on the Credit of the General Revenue Fund pf Alberta. Received and read the First time .................... . Second time .................. . Third time ................. , .. HON. MR. REID. EDMONTON: W. D. McLF.lAN, ACTING KING'S PRINTER ".D.1926. Title: 1926 (5th, 6th) Bill 72,
An Act for Raising Money on the Credit of the General Revenue Fund of Alberta