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Canadian Statesman (Bowmanville, ON), 19 Dec 1979, Section 2, p. 16

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1 6 The Canadian Statesman, Bowmanville, Decemller 19, 1979 Section Two Dim afnd Distant Pst Jensen Steel Distri butes First Profit-Sharing Cheques Employees of Jensen Steel Ltd. wauld, probably agree there's no better time ta be handed a hefty cheque thar right befare Christmas. Ovet 20 of the campany's staff were each presented with one last Friday, averaging in excess af $2000. This timely financial gain came about as a result of an emplayee profit sharing plan î Àwhich was implemented by « ÀýP 2fthe camrpany in Navember e,~7 1978. Last week the staff s received the first year's benefits from the pragram. The plan is a scherne wherehy campany profits are shared an a percentage basis îI ~ ~ Y with its emplayees. According ta Jensen's vice president, Bud Carby, it's an incentive program that rewards empioyees for their efforts. To be eligible for one of the cheques handed out Iast week, an employee must have been with Jensen Steel for the full fiscal year, Management at Jensen's is pleased with the results of the profit sharing scheme and maintain it is one that has worked well bath for the campany and its emplayees. NineQy-nine per cent of their 40~ man staff live in the localI' area. Jensen Steel Limited is a wholesaler of steel products and their 23,500 square foot plant is located in Bowman- ville's industrial park in May every home be fi/led with the peace that Christmas brings. Myles and Marilyn of M &M VARIETY Main Street Orono Watching the president sign the company's first profit sharing cheques produces big grins on the faces of these three Jensen Steel employees. Over 20 of Jensen's staff received cheques last week which averaged in excess of $2000 each, representing dividends from the first year in a profit sharing program. Fictured from left: Kaz Gardzinski, Gerry Lambert, Jensen President Frank Mowat, Steve Adcock., Archie Tait's Grocery Store. 1915, present site of Coronation Restaurant. 49 Years Ago Thursday, December 18, 1930 Resuits of Raom 3, Bowmanville Public School, November examinations, Miss Minnie M. Jennings, teacher. Mary Birks, Madge Moses, Bill MeFeeters, Jean Coyne, Bert Johnston, Frank Taylor, Fred Neal, Thelma Little, Greta Raby, Florence Hooper. Resuits of Room 1 South Ward Scboi November examinations, Miss Margaret MeGregor, teacher. Madeline Coiver, Lewis Wiseman, Geraid Bird. A.J. Whaien, has been appointed manager of the Bowmanville branch of the Canadian Bank of Commerce. Known ta bis friends as "Judd", he bas been witb the Belleville brancb. Tyrone W.M.S. elected tbe faliowing officers for 1931. Pres. Mrs. A.W. Clemens, lst vice-pres. Mrs. J.C. Dudley, 2nd vice pres. Mrs. L.J. Goodman, rec-sec. Mrs. S.T. Hoar, treas. Mrs. A.W. Annis. Mrs. J. Clark Bell gave an interesting and instructive talk ta members of the Bowmanvilie Music Study Club. President Mrs. C.H. Dudley welcomed guests from the Port Hope club and opened the meeting with Miss Helen Morris at the piano for the singing of O Canada. Mr. W.S. Moffat was inducted as an eider at a service in Centre Street Church on Sunday, in Orono. Results of November examinations of Jr. III class, H.A. Mason, teacher. Patricia Pearce, Margaret Pearce, Tom Brereton, Helen Robinson, Liilian Burley, Harold Hockin, Ethel Spencer, Sam Cowan. 25 Vears Ago, Tbursday, December 16, 1954 Tom Rebder was the guest speaker at tbe regular Rotary meeting on Friday. Tom, the tbird ,generation .ta be connected with tbe iran and metallurgy at tbe Bowmanville Foundry, spoke on "Ttîe Ten Magic Metals." ,I Dairy Farmers of Canada will spend $367,000 in tbe advertising and promotion of dairy foods in 1955. The first hassle of the hockey season took place last week when the Part Hope Redmen hockey team in the Lakeshare ieague threatened ta withdraw over the protest ladged by Orono Orphans that twa Redmen players Bil Peters and Bob Holden were ineligible. The last bulletin of the Bowmanville Lions Club contained a very fine tribute ta Bowmanviile's new mayor, Nelson E. Osborne. .The annual Thankoffering ser'vice of the Hampton W.M.S. was held on Sunday marning, conducted by Rev. F.J. Reed. Special mnusic was presented by the vocal trio of Gwen Black, Dorathy Van Driel and Lyn Oke. Local octagenarian, W.J., Berry bas returned frorn a trip ta the far north on a tour of Alaska. Hydro bas been asked ta give an estimation of the cost ta instaîl street lighting in Blackstock. Old Âge Seeurity Act Amendments Amendments to the'Old Age meet the necessary incarne prison for more than 90 days. Security (OAS) Act, introduc- requirements. Als<o, spouses of prisoners last ed by Health and Welfare The amendment also rein- their entitiement ta the Minister David Crombie, states Allowance recipients Spouse's Allowance benefit at receved Royal Assent Thurs- who are stili eligible but have the same time as the prisoners day, November 29, 1979. ceased ta receive the benefit OAS payments ceased. Under The amendment ta the in the past as a resuit of the this amendment, persans in Spouse's Allowance program aider spause's death. The prison will have their OAS removes a provision which reinstatement is calculated on benefits reinstated and will terminated the Allowance six the basis of the recipients continue ta receive the benefit months after the death of the persanal incarne. Anyane 0h during imprisonrnent and aider spause. Now, spauses feels he or she may be eligible pioer puss wî allowance recipients w hase for reinstaternent of the continue ta receive the spouses have died will Allawance shauld contact the Spouse's Allawance. continue ta be eligible for the Incarne Security Programs The two amendrnents will Allowance until they turn 65 office nearest them. benefit mare than 5200 persons and qualify for OAS in their The second amendment in the 1980-81 fiscal year and own right, or untîl they rescinds the provision which wiîî cost approximately $10 remarry or die, as long as they suspended OAS benefits if a million. A very special holiday Sgreeting toAllof our S special friends and I~patrons who have visited us this past (4year. We have enjoyed ~~N: ' : S serving you. (4 Lbery SteetMOTOR INN - - LieryStet th and 41 Bow manv He

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