The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

In pursuance of The Municipal ~Act, the Ontaric Railway and Municipsl Board hereby certifies that the within debenture is valid and binding, and that its validity is not open to be questioned in any gourt on any ground whatever. /HI / m Dated 'ohe,,j;_l-_a 5... Aay of... l’w ,Mw_“,_.lg?/; w memonf ied wetmenimnattiernnptestrvmndesiioninnedsuneWonimtumins Chairmar £ ! m A