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Who Bank nave bin. opened avin the: I and F in , and 'a sub-branch on. Bank 'street, wa, In Prov ob of Ontacio, 'and at Athabisca' Landing, In. he oh of. Albers at Trout Lake, B. C., has been closed, ; our last 'meeting the Bank. 'suffered "and we through the death of our 'Much-respected Sofie ay ig 2 Hymilion, who was elected 'a Director on 18h May, 1899, on 27th ru 3 "The vacancy on the Board occasioned by Me. Hendrie's death lia s eon fled by the appointment of War: Hamilton Merritt. of St. Catharines, n : ) , Me, T. BR. Merritt. : AD r-will be 'subinited for aur approval i hering = in . «the, ital sum. a 8 amou) "at such limes as the Directors: may determine. The rapid. development - geuney necessitates 'iricreased banking facilities which canbe most economi- th tage and at ite same time profitably supplied by eR a tok are. They have sounded nt $i stence. - It 15' inténded to allot the new shares from hut' no meas r «the business of the Bank may call for = additional capital, p 1: of the old time craw) allotment is in contemplation. lers, which, aside ftom being slow and |, #0UAR IS I POKER uied for your approval sulborizing en ditional 'contribution by the Bank to (he Officers 'and "Employees 30 ; Hs Silagethcr Ble. 'have not-been too} = eap; ug nol suppose Ameri- a 'Fund, with a view to placing that Fund on a more substantial basis." Ee Jouns he ee: them Bile ON ier au a i OfMcs and Beanches of (he Bink have all: heen cartully in 5 ve ys agree with 'ne on spected during the year, and your Directors have much' pleasure: in 'again, bearing feslimony to the zeal, efficiency and faithfulness the staff in the that pouty The one thing that visi- { ors from your Si ight in is to git rio ance of their duties. pe D. R. WILKIE, President. PROFIT AND LOSS ACCOUNT. 4 in a hansom cab by the hour/and drive Balance at credit of assount - 1 aimlessly. about, because "it cheap," deh April, 16, 'brought fo 8 268% 08 Profits for the twek ended is "so Dividend No. 64, for three months at the rate. of per cent. per annum, { a In of A $ 98,567 30 Dividend Ko %, for three months, at the ~ Of course; itis cheap 'when compared wilh "the prices that the read pirates . gharge hy American towns, bul even there. 'the shillings: mount up, into}- 1907 pounds after a. lew hours. The "taxi. {aded_ nh Lowi of cab" is altering the matter a good deal. agement and interest due The only = difficuily from the public Jotiters, and Sng "1 point of view, However, is that the "eignt- doubtful debts and fi on hills under disco Premium received Capital Stock .. 109,846 42 penny fare is awkward, because there is no coin.of the denomination of eight- pence and the public is so used to shil- J| lings 'that the drivers are beénefilling n | undeservedly. They are, in Consequence, becoming | ugh handed in 'their manner and re- a | fuse to take passengers unless they are gd | 'assured ofa. steang pour ;boire, 'almost 2) lin Tae in gize the amount of Ihe = ual fare, 'There'is a law: against this farm 'of 'oppression, - but the public is nerally timid and does not like 19 ake strong measures for stopping the | Mpositian. . : : per per annum (paid ist 2 February, 1907) . Dividend - No. 61, for threo ont 2 the per annum pid ind of May, 1907) . . -- REST ACCOUNT. Balance at Crodit of 'Account; 30th Apel, 15 1906 A PROGRESSIVE INSTITUTION. Premium received on new Capital Btoc! Elsewhere in this paper will be found ¢ financial statement, which was subs mitted a hs shugeholders of the 1m- pel ank dt the annual meeting held pon his mind {on the 220d of May," These th Con "it Heaven be. pleased that: Jou should were received with' the greatest, salis- by me we Tacti [nasmuch as fhey reflected un- Afni ly Athe: solidity atldined and {he 'progress achieved, The Bank now stands very high Among our Canadian bul it has t yel achieved 3 oF point of. fnerensed usefulness to Balance dde fet anads . ji-| 1 of which {hie directors af evidently & United Kingdom. ......... 126,00 sof Balaton. due trom Agents in deformined" it: shall atiain. This Ws | ius uititien to tHe public. #384LaMs gl BaIAuos. due. from A shown by the vecomniendufion em-| Gapital Block (AIA.aR) or... " Bal tal Stock alg, La. 4,773,948 Foreign Countrie: bodied 'in"the report that the subscribed unt io ok rissa " 8 5 $4,773,948 4 D. BR. WILKIE, General Manager. ASSETS. Gold and o Silver "4 ..§ 3,315,497 00} Coin a" «vo. $1,104,686 49 Dominig: Soran .+§ 6,120,881 52 ment 'Notes ....... 5,595,875 00 Deposit with Dominion Govern: ment for security of note circulation .. - 3¥%28,099 41{ Notes of and Banks . 73,211 50} Hal due from other Banks LIABILITIES. Notes of the Bank in eireuls- pa ie 'not "bear: ing jhterest interest . (includ. ing interest orued to date)..... 25,807,217 89 sits by other Banks tn her Joloe, thal the wo noe Arthur, addressed 10 to rg ast $6,700,561 49 168,089 16 1,516,964 97 745,042 32 12,742 60 . 2,023,297 25 $11,641,607 19 monient, the i after in capital-of the Bank be increased' from +] $5,000,000 to $10,000,000, which will place ik on a par with the Canadiam Bunirof Commierso, {he Bank of Taronto yal, Banly of Canada, all <I of nireal. The 'new capital stock will not be is: sued at once, but only as the direclors by: hereafter determine. e heartily 6 1h a conan in evelopment | Dominion and Pro- Taont. Beoutiies. § 58266 80 ° men! 08. Canading Muniof- . 2,609,728 65 tures MET imate A Share Bonds. in ada. 3569, [ / Other