Sums granted to His Majesty by this Act for the fiscal year ending December 31st, 1917, and the purposes for which they are granted.

SCHEDULE C.

Sums granted to His Majesty by this Act from the 1st day of January, 1918, up to the date of the final passage of the Estimates for the fiscal year ending the 31st day of December, 1918, and the purposes for which they are granted.

1917

CHAPTER 2.

An Act for Raising Money on the Credit of the General Revenue of Alberta.

(Assented to April 5, 1917.)

HIS 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 authorized to raise by way of loan a sum of money not exceeding two million five hundred thousand dollars for any or all of the purposes following, that is to say: 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 Legislature; for the satisfaction or discharge of any obligations of the province; and for such other purposes as may be authorized by the Legislature.

2. The aforesaid sum of money may be borrowed for any term or terms not exceeding fifty years at a rate not exceeding five per centum per annum, and shall be raised upon the credit of the general revenue fund of the Province of Alberta and shall be chargeable thereon.