Item is a framed 1893 $1000.00 debenture issued on June 1, 1893 pursuant to the Burnaby Loan Bylaw, 1893. Twenty-five of these debentures were issued on June 1 and they bore an interest rate of 6 percent and matured in 1943, 50 years after the date of issue. The purpose for this issue was to pay …
Item is a framed 1893 $1000.00 debenture issued on June 1, 1893 pursuant to the Burnaby Loan Bylaw, 1893. Twenty-five of these debentures were issued on June 1 and they bore an interest rate of 6 percent and matured in 1943, 50 years after the date of issue. The purpose for this issue was to pay for the construction of roads in Burnaby.