Public General Statutes Passed in Volume 40
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1903 edition. Excerpt: ...20.----(1) At the beginning of every financial year, the Water Board shall cause to be submitted to them an estimate of the receipts and expenditure of such Board during that financial year, whether on account of property, contributions, rates, loans, or otherwise. (2) All payments to and out of the water fund shall be made to and by the treasurer of the Water Board, and all payments out of the fund shall be made in pursuance of an order of the Water Board signed by three members of the finance committee present at the meeting of the Board and countersigned by the clerk of the "Board, and the same order may include several payments. Moreover all cheques for the payment of money issued in pursuance of such order shall be countersigned by the clerk of the Board, or by a deputy approved by the Board. (3) The Water Board shall, from time to time, appoint a finance committee for regulating and controlling their finance, and an order for the payment of a sum out of the water fund, whether on account of capital or 'income, shall not be made by the Water Board except in pursuance of a resolution of the Board passed on the recommendation of. the finance committee, and any costs, debt' or liability exceeding fifty pounds shall not be incurred except upon a resolution of the Board passed on an estimate submitted by the finance committee. (4) The notice of the meeting at which any resolution for the payment "of a sum out of the water fund ( otherwise than for ordinary periodical payments), or any resolution for incurring any costs, debt or liability exceeding fifty pounds, will be proposed, shall state the amount of the said sum, costs, debt or liability and the purposes for which they are to be paid or incurred. 21.--(1) The...
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