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fact that they do not comply with the provisions of subsection (2) of section 8 of the "Local Improvement Act," and notwithstanding anything contained in the "Municipal Act" or in the "Local Improvement Act" or in any other Act, any debentures already issued or which may hereafter be issued under the provisions of the said by-law shall be good, valid, and subsisting debentures; and the determining by-laws and the said by-law shall be deemed to have taken effect and come into force, and be binding on the Corporation and the owners and ratepayers thereof, and all persons concerned, as and from the date of registration thereof to the like extent as if they had been duly authenticated in respect of the matters mentioned in sections 3 and 4 of this Act; and it is hereby declared that it shall not be competent for any Court to declare invalid or defective or to quash, set aside, or otherwise refuse to recognize the validity of the said by-laws or the said debentures in respect to the aforesaid matters.

6. All the provisions of the "Municipal Act" as to the collection and recovery of taxes and the proceedings which may be taken in the default of payment thereof shall apply to the special assessments imposed by the said by-law.

7. All tax notices made and sent out to owners, ratepayers, and all persons concerned in the year 1923, pursuant to the said by-law, the "Municipal Act," and the "Local Improvement Act," shall be deemed to be good and valid notices for such special assessments, and it shall not be necessary for the Council to cause new notices to be made and sent to said owners, ratepayers, and other persons concerned in respect to such special assessments.

8. Section 1 of said by-law is amended by striking out the words "April" and "October" where they appear in said section, and inserting in lieu thereof the words "February" and "August "; and by striking out the figures "1923" in the first line of said section, and inserting in lieu thereof the figures "1924."

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9. The said by-law is amended by striking out the words and figures seven (7) per cent." where they appear in the fourth recital of the said by-law and in section 1 of the said by-law, and inserting in lieu thereof the words "six per cent."

10. Section 2 of the said by-law is repealed, and the following section inserted in lieu thereof:

"(2.) The said debentures shall bear date the first day of February, A.D. 1924, and shall be payable in five equal annual instalments during the five years next after the said first day of February, 1924, and the respective amounts of principal and interest payable in each of such years shall be as follows:

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11. Section 5 of the by-law is repealed, and the following section Reduction of levy. enacted in lieu thereof :

"(5.) During five years, the currency of the debentures, the sum of thirty-six thousand seven hundred and ninety-six dollars and forty-four cents shall be raised annually for the payment of the debt and interest, as follows:

"The sum of twenty-three thousand nine hundred and seventeen dollars and sixty-nine cents shall be raised annually for the payment of the Corporation's portion of the cost and the interest thereon, and shall be levied and raised annually by a special rate sufficient therefor and above all other rates on all the rateable property in the municipality, at the same time and in the same manner as other rates.

"For the payment of the owners' portion of the cost and the interest thereon, the special assessments set forth in the said special assessment roll is hereby imposed upon the lands liable therefor, as therein set forth, which said special assessment, with a sum sufficient to cover cost and interest thereon at six per cent., shall be payable in five equal annual instalments of twelve thousand eight hundred and seventy-eight dollars and seventy-five cents each, and for that purpose the special annual rates per front footage set forth in the said special assessment roll are hereby imposed upon the lots entered in the said special assessment roll, according to the assessed frontage thereof, over and above all other rates and taxes, and the said special rates shall be collected annually by the Collector of Taxes for the Corporation at the same time and in the same manner as other rates."

roll amended.

12. Notwithstanding anything in the said Act, the "Local Im- Special assessment provement Act," or in the said by-law contained, all payments set out in the assessment roll contained in the said by-law and confirmed by the Court of Revision of the Council of the City of Prince Rupert on the twenty-sixth day of December, 1922, as being the special annual rates for the Corporation's share and the owners' share under the said by-law for the cost of the work shall be reduced in each and

Debentures, where payable.

every case by a rate equal to two and two-thirds per centum, and such reduction shall in no way effect the confirmation of the said roll by the Court as aforesaid.

13. The debentures to be issued under the said by-law may be made payable as provided in the said by-law, and may in addition be made payable as to both principal and interest at such place in the City of New York, in the United States of America, as the Council may by resolution determine.

VICTORIA, B.C.:

Printed by WILLIAM H. CULLIN, Printer to the King's Most Excellent Majesty.
1923.

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An Act respecting The Corporation of the District of South Vancouver.

W

[Assented to 21st December, 1923.]

HEREAS it is desirable that provision should be made for the Preamble. election of certain School Trustees and Commissioners of Police for the Municipality of The Corporation of the District of South Vancouver at the annual municipal elections in the year 1924, and that the elections of School Trustees and Commissioners of Police for the said municipality held in the year 1923 should be validated :

And whereas the Municipal Council of the said Corporation has by its petition represented that it is in the interest of the ratepayers of the said municipality to enact the provisions hereinafter contained relating to the application of moneys hereafter received from the sale of certain lands acquired by the municipality through tax sales, and has prayed that the same may be enacted accordingly: And whereas it is expedient to grant the prayer of the said petition:

Therefore, His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:

1. This Act may be cited as the "Corporation of the District of Short title. South Vancouver Powers Re-establishment Act, 1922, Amendment

Act, 1923."

in Council No. 340.

2. The Order of the Lieutenant-Governor in Council No. 340, Ratification of Order approved the twenty-seventh day of March, 1923, and all acts of the Council of the said Corporation and of the Returning Officer named in said Order in pursuance thereof, are hereby ratified and confirmed and declared to be valid.

Validation of elec-
tion of School
Trustees and
Commissioners of
Police.

Ss. 2 and 3 retroactive.

Term of office of
Trustees and
Commissioners of
Police elected in
April, 1923.

Term of office of Trustees to be elected in 1924.

Term of office of
Commissioners of

in 1924.

(AMENDMENT).

3. The five persons declared by the said Returning Officer as having been elected to constitute the Board of School Trustees of South Vancouver at the election held on the twenty-eighth day of April, 1923, pursuant to the said Order shall be deemed to have been validly elected as Trustees to constitute the said Board of School Trustees. The two persons elected as members of the Board of Commissioners of Police for the said municipality at the election held on the said twenty-eighth day of April, 1923, pursuant to the said Order shall be deemed to have been validly elected as members of the said Board of Commissioners of Police.

4. The ratification, confirmation, and validation enacted by the two preceding sections shall respectively relate back to and take effect from the date of approval of said Order, the date of holding the said elections, and the dates of the respective acts of the said Council and the said Returning Officer in pursuance of said Order.

5. The School Trustees and the Commissioners of Police elected as aforesaid on the twenty-eighth day of April, 1923, shall respectively hold office until the annual elections of School Trustees and of Commissioners of Police respectively to be held in the year of 1924 and until their respective successors have been duly elected. Five persons shall be elected as Trustees to constitute the said Board of School Trustees and two persons shall be elected as Commissioners of Police of the said municipality at the annual elections to be held in the year 1924.

6. Of the Trustees elected at the annual election in the year 1924 to constitute the said Board of School Trustees, three Trustees, being those who receive the largest number of votes at the said annual election of Trustees, shall hold office until the annual election of School Trustees to be held in the year 1926 and until their successors have been duly elected; and the other Trustees elected as aforesaid at the said annual election in the year 1924 shall hold office until the annual election of School Trustees to be held in the year 1925 and until their successors have been duly elected. The term of office of all persons elected to said Board of School Trustees at any annual election held after the year 1924 shall be governed by the "Public Schools Act."

7. Of the persons elected as Commissioners of Police of the said Police to be elected municipality at the annual election to be held in the year 1924, one Commissioner, being the one who receives the largest number of votes at the said annual election of Commissioners of Police, shall hold office until the annual election to be held in the year 1926 and until his successor has been duly elected. The other Commissioner of Police elected at said annual election to be held in the year 1924 shall hold office until the annual election to be held in the year 1925

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