56 Cap. 17. III EDWARD VII. 1903 
     
    
   
   
    
     same as aforesaid, at any time or times not 
     
     exceeding twenty years from the date of issuing, 
     
     with interest thereon to be payable either yearly 
     
     or half-yearly at a rate not exceeding six per 
     
    

    
     $33223?” centum per a-nnum, which debentures and inter— 
     
    

    
     3:1,,033311 $3,; est when so issued, shall be chargeable upon all 
     
     City property and upon all taxes or moneys 
     
     raised by the City upon the authority of any 
     
     Act of Parliament of this Island, or any By~law 
     
     passed pursuant thereto, and shall be expressed 
     
     as payable out of the general funds of the City 
     
     of Charlottetown. 
     
    
   
   
    
     Form .1 The form of debenture in the schedule hereto 
     
    

    
     Debentures marked “ F ” may be the form to be used for 
     
    

    
     all civic purposes, but when any debentures are 
     
    

    
     ‘ issued for other than ordinary civic purposes 
     
    

    
     under the limited borrowing power of the said 
     
    

    
     City, then it shall be written or stamped on or 
     
    

    
     across the facetof the debenture the purpose for 
     
    

    
     which it is issued (such as “ Debenture for 
     
     Permanent Works") 
     
    
   
   
    
     125. Provided always that the said Council 
     
     Provisolor . 
     
     mymonror shall have power and are hereby authorized, 
     
     overdue 
     
     Debentures upon the payment of any over-due debenture, to 
     
     issue a new debenture for the amount thereof, 
     
     notwithstanding that the issue of such new de- 
     
     benture may be in excess of the said limit, but 
     
     nothing herein contained shall be otherwise 
     
     /construed to give said Council further or other 
     
    
   
   
    
     borrowing powers. 
     
    
   
   
    
     06min ‘ 126. Provided also that the debentures issued 
     
     Eggggggggd or hereafter to be issued by’the said Council 
     
     under the special powers conferred upon them 
     
     so to do by virtue of the Provincial Statutes of 
     
     this Province, 46 Vic., Cap. 23; 48 Vic. Cap. 8,