Durham Region Newspapers banner

Oshawa Daily Times, 16 Oct 1928, p. 3

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

-- THE OSHAWA DAILY TIMES, TUESDAY, OCTOBER 16, 1928 PAGE THREE, Ratepayers Will Vote on Purchase of Gas and Electric Plants Definite Arrangement Sought by East Whitby For Fire Protection Several matters, including a re- guest from the township council of East Whitby, regarding fire pro- tection, the granting of further lic- enses for gasoline pumps, and con- sideration of applications for building permits, referred to the council by the city engineer's de- partment for a decision, came be- fore the council last night. Despite the recommendation of the general purpose committee that two applications from Imperial Oil, Limited, for gasoline pumps at 482 Olive avenue and 15 Bond street west, be not granted, the report was amended allowing the placing of the pump at 382 Olive aveune, in front of the Shelenkoff bakery, The council felt that this would serve that community, as there is no gasoline pump within a consia- erable distance, Five Protection ... -- The township council of East Whitby, requested that representa- tives of the city council meet with them and make a definite arrange- ment regarding fire protection in the township, replacing the tem- porary agreement made this spring, The fire protection committee was authorized to carry on the negotia- tions, A tender of D. F, Johnston of $22 each for 11 winter overcoats for city firemen, was accepted, Street lights were authorized on Quebec street, west of Burk street, and on Drew street, south of Fit- tings, Limited, Proposed Cafeteria Two letters, supporting and op- Posing the erection of the proposed cafeteria at Division and Brock streets, were sent to the eity pro- perty committee, R, Fraser, presi- dent Nut-Krust Catering, and Bak- ing, Limited, who proposes to con- struct the huilding, pointed out his company's position on the matter, and Mrs, Clayton, a resident of the vieinity, opposed the construction of the building out to the street line, An application for a building permit has not yet heen granted, and has heen referred to the coun- efl by the city engineer's depart- ment, NONEW WORKS TD | BE UNDERTAKEN DURING THE FALL City Council Formally Ap- proves Construction By-laws Formerly Passed Upon For the first time in many months, the Board of Works last night at the regular council meeting brought in no recommendations for street pavements or sewers and sidewalk construction, Chairman Alderman John Stacey stated that there would be no further work authorized by his committee this year. Construction bylaws, formally authorizing work previously passed upon by the coun- cil in adoption of Board of Works reports, were passed for the final list of street pavements, sidewalks, sew- ers and waterworks authorized by the Board of Water Commissioners. he Petitions Petitions for a pavement on Brock street from Church street to McMil- Jap Drive, and sidewalks on the south side .of Connaught street east from Mary street and on the south side of King street from the end of the present walk to Wilson road, the eas- tern city limit, were referred to the Boagd of Works for consideration, This committee will also consider a request of C, A, Glecoff, through his solicitor, J. A. McGibbon, for per- mission to construct a store and resi- dence at Eulalie avenue and Ritson road within 7 feet of the street line, Foot A letter from the Board of Edu- cation asking that a foot bridge be constructed over the bridge at John street, for the convenience of school children attending - Centre street school, was also referred to the Board of Works, who were at the last coun- cil [reeting empowered to do this work. Recent Deaths WALTER CHADD The funeral of Walter Chadd, 144 Elgin street east, was held last evening from his late residence, and interment was made this morn- ing at Picton, Ont. The seryice here was conducted by Rey. Canon C. R. dePenecier, Mr. Chadd died Saturday evening after a somewhat lengthy fliness, at the age of 77 v.ars. He had been a resident of this city for several years, and was well known by many people here. President of the McLaughlin Coal and Supplies, Ltd., Oshawa. The fine new office building of this company on King street west, was opened for business this week, OPERA COMPANY I ENTERTAINED, LUNCHEON TODAY Members of D'Oly Carte Co. Guests of H, H, Henchel-- Inspect G. M, Plant Twenty-five members of the cast of the D,Oyly Carte Opera Com- pany, were entertained by H. H, Henchel, general sales manager of the General Motors truck division at luncheon today in the G.M.C, au- ditorium, The Opera Company {is now playing at the Royal Alexan- dra in Toronto, having come there from Montreal, where they played at His Majesty's Theatre, Arriving at noon, by special G. M.C, busses, members of the cast wera. conducted tp the new audl- torium and there had dinner, after which each member was introdue- ed to the G.M,C, officials, Besides Mr, Henchel there werd present from the local company, W. E, Da- vis, M, N, Gowdy, Col, Frank Chap- pell and Ross McKinnon, Display the Oakland Immediately after lunch, a pri- vate showing of the new Oakland model sedan was given with ar- tistic lighting effects, from the stage of the auditorium. The guests were pleased with the auto- mobile and many favorable com- ments resulted from the showing. A tour of inspection of the whole G.M.C. plant was made during the afternoon ,two hours being requir- ed to complete the trip, English Company The D'Oyly Carte Opera Com- pany, whichshas heen in operation and showing continuously for many years, is purely an English com- pany, It has played to English audiences with wonderful success, and the fact that it is a privilege to hecome a member of the com- pany is, in itself, a great asset to the upkeep of a standard which has been maintained through a period of many years. Coming directly from England, the company made its first appearance in His Majes- ty's Theatre, Montreal following up their huge success there, in Tor- onto, where it has received wonder- ful patronage every night during the past two weeks. The company will remain in Toronto for the re- mainder of this week, and also next week, going from there to London, Ont., and thence to Van- couver, A tour through the south- ern states will take the company to the eastern coast where it fin- ally will eome north again to Tor- onto and then to the eastern prov- inces back to England. Grand Old Man Henry Lytonn is the "grand old man" of the company, having play- ed in the same roles, as he does at present, 30 years ago, and with the same company, He has watch- ed the membership in the company 2row, but has not heen able to see an increased popularity of the com- Pany amonx theatre goers for the simple reason that the company has always been the first of fits line, always the same, "presenting to the theatrical world the best in musical drama, and the most up- to-date plays in its repertoire. Frederic Hobbs, manager and director of the company, has also been with it for many years, and is responsible for the success which usually crowns the efforts of the company, Noted Plays The first play to be presented by this world-famous orzanfization was the "Trial by Jury," which still continues to draw a large at- tendance to the realm of musical Dresext2tions. The repertoire of the D'Oyly Carte players still holds this play and they intend giving it to the public within the next Lwo weeks at Toromto. "The Mi- Mr. Chadd was a member of St. George's Amzlican church of this city, kado," another of their huze sue- cesses, has been played by the com- pany on their tour and remains the COUNCIL DEALS WITH EXTENSIONS OF ITY STREETS Action Approved in Some Cases and Others Are Halted The city property committee was last night given power to act in the matter of the extension of William street between Ritson road and Oshawa Boulevard, and of Olive avenue from Albert to Simcoe street, for the purpose of getting the matter finally cleaned up and the streets definitely put thromgh. The council had previously approv- ed the principal of extending these streets and purchasing the neces- sary lands and has now left the city property committee to work out the details, Alice Street Extension A report of the special commit- tee on the proposed extemsion of Alice street from Ritson road to Oshawa Boulevard, recommending that no further action be taken at the present time was adopted. Al- derman A. R, Alloway, chairman of the committee explained to coun- cil that a deadlock had developed between the couneil who had offer- ed $6,000 for the property and the Feldspar Glass company, who de- manded $15,000 for the land and it was felt that it was not an oppor- tune time for the council to press the matter by expropriation or oth- er proceedings. In all probability, a hetter bargain would be possible next year, Move Extensions The question of extending John street from Nassau to Burk street, was brought before the council by Alderman Boddy and was referred to the City Property Committee. for consideration, In connection with the extensiod of William street Alderman Swan- son decided that money for the properties hought by the council has apparently been paid to the former property holders and that this money had been expended {l- legally, 'No report has been suh- mitted by the city engineer as to the division of assessment of the cost of extending the street; no bylaws have been prepared by the city solicitor or passed by this council fornglly authorizing the purchase of the lands; and the land has been bought quite illegal- ly," said Alderman Swanson. Calling a Halt He continued that it was time to "ery a halt" in regard to the ex- tension of Olive avenue, and thab no money should he paid until the engineer has presented his report on the assessment of adjacent properties and the city solicitor has prepared the necessary hy- laws, He then moved, seconded by Alderman Alloway the follow- ing motion, which was carried: "That the matter of the William street and Olive avenue extensions be referred to the city property committee with power to act, the said committee to fix the area to he affected by the bylaws to be passed against each property of properties to pay for the same, and that the said committee be In- structed to have the city solicitor draw the necessary hylaw or hy- laws for such purpose, and no mon- ies for the purchase price of the properties be paid by city treas- urer herein until this matter is dis~ posed of hy the city council." WORK PROGRESSES AT GENOSHA HOTEL As a matter of interest in connec- tion with the financial position of the J. W, Butler Company, constructing the Genosha Hotel, a representative of The Times was called into the office of the company this morning as the sub-contractors on the job were paid their September monthly accofints, which total ahout $51,000. Plumbing Job It was stated by Ernest W. Eng- land, Canadian manager of the Butler firm, that a settlement has been ar- rived at whereby a new firm of plum- bers will finish the job, replacing the Windsor company who ceased work owing to a disagreement with the general contractors. ork Progressing ; Work on the hotel is progressing favorably, Mr, England, said, plaster- ing having heen completed to the fourth floor with the final cost, and glazing being done to the sixth floor. The store fronts are going in, and the various trades are steadily push- ing the work to completion, All the sub-contractors had been held up because of the delay in the plumbing work, but all work will be speeded up as soon as the new plumbing firm swings into action, same as it did many years ago. Who's Who Members of the cast who visited General Motors today ere: R. H. Jones, Miss Dorothy Donaldson, Reginald Jackson, I. Godfrey, Mary Eyre, Haly Arnold, Miss Marguer- ite Knaston, Charles Leslie, Miss Doris Hemingway, Biss B. Gelsth- rope, Miss Bertha Lewis, Henry Lytonn, Harry Norris, Martyn Green, Henry Hughes, Joseph Grif- fin, Miss Pauline Wootten, Leslie Rands, Miss Betty Elburn, Miss Sy- lvia Lang, Winston Dyson, Miss Nancy Ray, Richard Walker, and Frederic Hobbs. . Bert Lang, manazer of His Maij- esty's Theatre, Montreal, was also a guest today. Mr. Lanz acts as Canadian rcpresentative of the Fnzlish companie: when they make a tour of this country, PY ee It's great to see the sumshine, On the morning after rain; It sets our hearts to singing And rejoicing Qhee Again, » LJ Moderately warm, says Probs to- day, with the interesting little aside, "scattered showers." And id tly showers. 4 bitter cold weather that swept over the Capadian morthwest was sidetracked somewhere be- tween here and the prairies, and Ontario has had just one day af- ter another of beautiful autumn weather, better known as the glor- fous Canadian Autumn, No need to worry with the trusty furnace all ready for action and heaps of blankets ready for emer- gencies, Autumn mornings are wonderful mornings, "God kindled the dawn and the earth laughed gay, wide swung the doors above." It is getting on to Christmas, And the days have ceased to drag; She has sixty days ta finish, Making father's slipper bag. And these wonderful October evenings--in the west, one of those rare sights of beauty one gets only in this great Canadian Jand--the sun behind a great rocky mountain of clouds, one extending as far as one can see--and below, a picture resembling a great five, fully ablaze--to the left a fan- shaped bank of clouds shooting up into the heavens, like the fingers of a hand, or a spreading wing, each one tapering till it becomes lost in the pale blue beyond. Gold, yellows, erimson, fire reds, purples, playipg and dancing up there, and all this so soon melting into the night, Looking away from the golden path of the sun, to the other side, to see the first star of the evening, then other stars, peeping out in a heaven of velvet, like diamonds on a rampage, And then to have a chap speak up to you and say: 'What the duece de you natives do round here?" On these fine October nights, too, the grandest of all sights, the norther nlights, shoofing up from the horizon, like sheets of blue and purple and red flame, And there in the northeast, Jup- iter, grandest of planets, like a great hall of fire in the sky--the beacon light of the Gods. And further north, at the mid- night hour the great Orion to rise, with the three great stars in his belt, and the blinking eye of Tau- rue, the Bull, to greet hinr, with head down and ready for his charge upon the hunter of the starry uni- verse, Go further north and tilt the chin and see Capella, another of God's lanterns hung out on a starry sky, And Mars' too--that mysterious planet which earthlies may he signalling to, as he, the mighty god of war, rushes toward the earth at the rate of thousands of miles a second. The northern sky to he rich in heauty and mystery these fine nights of Octoher--heautiful for everyone to look at--mysterious only to those who deign not to make friends of the stars and call them by name, But, speaking meteorologically, and elimatically, the outlook is for continued warm weather--mostly fair and with a few showers today or tonight, On every foothall field in Can- ada the rughy stars are scintillat- legiate today the three "R's" of education are, "Rah, Rah, Rah!" The great trouble with the Osh- awa Collegiate on Saturday was that they didn't do their home work properly, A preacher in an Oshawa church Sunday, said the Protestants were losing out because they went in for small families nowadays, while their Catholic brethern were hit- ting it up on six eylinders and sprouting families of eight or ten or a dozen. The trouble seems to be, too, in the small number of marriages these days--it seems to he that the girls are getting wise and won't take a joke, A few years ago, too, parents thought that they had to keep the daughter in clothes to catch a man, What's scaring the girls nowa- days, is the awinl way some of the husbands act when the wife goes away for a little while. One Osh- awa man, whose wife has gone to the country, last night bad dinner at the Y.M.C.A., went to the thea- tre and saw a show with girls in bathing suits on the screen, and-- gosh-all-fishhooks--then drank a cherry phosphate and ate a ham- burger, before he went home. Meanwhfile--Showery. And moderately warm, FINE ORCHARDS IN ONTARIO COUNTY -- Cobourg, Oct, 16.--The vast amount of good that proper cul- tivation, care and spraying will do for an orchard is shown at the Or- chards of Ontario, on the Provin- cial highway west of Cobourg, formerly the far-famed Phillips orchard. This splendid orchard has been supplemented the last few years by the planting of a number of young trees, and when these come into bearing it will certainly be a show place. This year this or- chard has produced am unusually fine crop of Spys; also splendid Kings and Mcintosh Reds. The On- tario Orchards are far famed for their varieties. 8. B. Hatheway is manager, ing and in every college and col-] ALDERMAN STACEY HAS GRITICIH TINES' REPORT Tells City Council His Re. marks Won't Get Into the Paper "And you cam be sure this won't get in the paper" said Al derman John Stacey during the course of a speech of criticism of The Times at the city council meeting last night, Alderman Stacey was, supposell- ly, speaking to the question of a motion which had been made by Aldermen A, R, Alloway and G, T. Morris, "that the city solicitor pre- pare the necessary by-laws for the extension of Olive, Celina and William streets, as passed by this council." He took the opportunity of telling the city council just what he thought of the report in The Times of Tuesday, October 2, of the discussion on his motion, which was defeated, to have the city treasurer withhold payment of the money for the purchase of the lands necessary to extend Olive avenue through to Simcoe street, Mr, Stacey is Emphatic Mr, Stacey declared emphatically that he had not tried to *'block" the opening of Olive avenue. *I merely suggested that it be extend- ed to Celina street, and that traf- fic be routed up Celina street to Maple street, about 200 feet north, instead of incuiring the expense of extending Olive avenue straight through to Simcoe street, Because, I gave The Oshawa Times trouble some time ago when I was connect- ed with the Dally Times (Port Hope) ), they misreport me, and you can he sure that this won't get in the paper," he concluded, The Report The paragraph in The Times of October 2, which Alderman Stacey claims was a misreport, read: "A motion of Aldermen Stacey and Crawford presented at last night's Council meeting that the city treashirer be instructed to withhoid for the present, payment of $8,300 for lands for the exten- sion of Olive avenue to Simcoe etreet, was lost, Alderman Stacey contended that it was establishing a bad precedent, for the street would end within about 200 feet of Maple street, on Simcoe street south, and he thought it was quite sufficient to extend Olive avenue to Celina street and Celina 'street south to Olive avenue, "Since the United Church has a new building there, Olive avenue has suddenly become very import- ant" thought Alderman Stacey, but the rest of the council could not see his point for delay of the street extension and defeated his motion," (Supplied by Stobie, Forlong & Co, TORONTO docks High Low 28% 164 Stock Asbestos Bell Tel, Braz, ,, 63% Br, Amer, 41% Bromp, ,,42% F.N, Burt 73 Carl, 30 Cd, Brd. 150 Ask Cn, Malt, 35% Cty. Dry. 68% Imp, Tob, 10 Imp. Oil 83% Int, Pet, 39 Ms. Hr, bls 8. Station 50 Sh, Wht, 64 Hr, Wal, 72 Kelvin, 9 Ask Mines 285 415 2% 2 pm. 28% 164 628 41% 42 73 20% 35 6314 93 828, 38% alls 49% 64 70% 821% 38% bl 49 62 70% Amulet 329 Abana ,,, 420 ArBon, ,., 3 Amity 32 Bid Br. Hol, Bath, ,, Bedford Beaver , Big Horn Bidgood Cn, Mn, Cs. Cop. Dome Howey Holl, ., 7175 Hd, Bay 1810 Jk. Mn, 87 Kd. Lke, 127 Kt. Fir, 20 Lv, Que. 11 Macas, 19 Mgndy 165 McDoug, 25 Mein, ,,2000 Malar. , 117 Mill, 2% Bid Mp. Cor, 310 Nipis. ,, 276 Noran., ,4715 Pion, ,, 36 Bd. Ore, 1195 Potter, , 3% Prem. 225 Bid Ribago 5 Rb. Mt. 9 Bid Sn. An. 21 8d. Bs. Hv Sh. Gor, #20 860 Tk, Hg. Tow, ,., 349 260 Wr. Hr, NEW YORK STOCKS Stock High Low Amer. Can, 112% 111% Balt. & Ohio 112% 112% Briggs Mfg. 63% Can. Pas .,.28% Can. Dry .. 81% Chrysler ,.188% 329 415 3 256 2 pm. nig 12% 63 218 81 138% CITY NEWS | EXTEND BEST WISHES Best wished to Alderman Cli- ford Harman, who yesterday cele- brated his birthday, were extended by Mayor R. D. Preston and the aldermen of the city at the eity council meeting last might. UNSETTLED WEATHER The Weatherman isn't optimistic about the brand of weather for to- night and Wednesday, promising joccasional rain to the accompani- ment of southerly winds. The temperature, however, will be mod- erately warm, SUPPER AND CONCERT The Ladies' Auxiliary of Cedar- dale United Church are holding a supper in the Sunday School room of the church tomorrow afternoom, beginning at 5.30, followed by a concert in the evening. Mrs, Me- Farlane, church organist is in charge of the program, and some of the city's best talent will assist. YOUNG PEOPLE MEET The Young People's Society of Cedardale United Church met last evening with Mrs, O'Conmel in charge. A temperance meeting was arranged for next Friday evening which will be presided over by the Rev, G, W. Irvine, and a committee was named to arrange a Young People's Service for Sunday, Octo- ber 28, A Hallowe'en social is be- ing arranged, also, by a committee under the chairmanship of Miss Mary Hester, SUPPER AT S&T, ANDREW'S The annual supper served by the Ladies' Aid of St. Andrew's Church in connection with the anniversary services of that chureh was held last evening, There were twenty- two tables arranged in the supper room of the church and were pre- sided over hy members of the La- dies' Aid, The tables were decor- ated with eut flowers The entire proceeds will not be known until after the concert, which is being held next Monday evening In the chureh, Miss Jessie Alexander, au- thoress of '"Encores," and other hooks, is speaking at this concert, PASSENGERS ON TEPPELIN NEVER WERE WORRIED (Continued from Page 1) field's edge a light winked the in- formation to Dr. Hugo Eckener, the pilot, that the ground wind was from the west and of negligible force, and the great ship suddenly gave its en- gines full throttle to dive downward to a position near the mooring mast. Like Huge Arrow The roar of the five: 550-horse- power engines seemed to make the air vibrate, and the sliding ship in a moment became a grey arrow shoot- ing through the darkness. - Contrary to expectations, the ship was not moored at the mast, ropes heing dropped to a landing crew of 500 sailors, who drew the craft gently to the ground, As Customs agents hoarded the ship, as they do any docking Atlantic liner, the crowd's enthusiasm boiled over, and police lines melted hefore the rush. There were scuffling and rough-and-tumble encounters in plenty hefore order was restored. After German and United States officials had at last edged their, way tulations through the ship's windows as the German crew held the ship steady, the Graf Zeppelin was walked slowly toward the hangar. Its pro- gress was ordered stopped just out- side, and there it rested, its nose al- most touching that of the Los An- geles, which was crowded against the hangar's south wall, with two navy blimps: tucked under its stern, to make room for the aerial leviathan, Dr, Eckener and Lieut.-Commander Charles E. Rosendahl, commander of the Los Angeles, and a guest on the Atlantic trip of the Graf Zeppelin, climbed from the control cabin and hurried to the offices of Captain E. S. Jackson, Post Commandant. After a short time they returned and climb- ed back into the Graf Zeppelin's cabin, ' WAS IN DETROIT HOLD-LP Buffalo, Oct. 16.--Harry J. Wat- son, 30 years old, member of Paul Jaworskl's- dwindling Flathead gang, who is held at Buffalo police headquarters, was identified by eye-witnesses of the $18,000 hold- up of the Detroit News, Cur. Aero ,131% 131% 56% 148% 53% 217 Gold Dust 109% 108% Hudson ,,, 93% Hupp .,..,» 78% Int, Comb , 68% Int. Nickel 148% Int, Paper 69% Pan. Am. ., 50% Mt. Wrd, ..306 Mar. Oil ,, 39% Mck, Trek. 99 Phil. Pet, ,, 41% Packard ...100% Srs. Rbek, .161% Sin. Oil .,, 20% Stand. Oil 467% Studebaker 82% Simmons ., 76% U.S. Rubber 53 U.S. Steel .165% Wiys. Ovid. 32 Woolworth 201% Wr. Aero ..164% Vie. Talk. ..130 997% 159% 29%, 46% 8214 74% 525% 164% 31% 201% 163% 129 163% 121% Yellow Cab 39% 397% Money 7% 39% through the throng to voice congra- Special Committee of City Counc il to Secure Final Figures and Data -- 4 Necessary By-laws Will Be Proposed for Approval or Rejection By the Electors --Aldermen to Be Given Ample Opportunity for Full Discussion of the Util. ities Question from Every Angle at a Special Meet. ing -- Half a Million Dol- lars Involved in the Pro. ject The city council last night de- cided to submit to a vote of the olectorate a by-law for the pur- chase of the local gas and elec- trical distribution plants by the city on the recommendation of the special committee appointed td®con- sider the question. The committee was also empowered to enter into whatever further negotiations might be necessary with the Hydro-Elec- tric Power Commission, present owners of the plant, with a view to obtaining final figures and other data necessary to prepare the nec- essary by-laws, | Clear the Air Alderman G, D. 'Conant, who submitted the special committee's report, said that it was well to clear the air and come to the point where a by-law could be submit- ted, The council would be remiss in its duty, he declared, if they should allow these utilities to pass into private hands when they now had the opportunity of purchasing it, All of the figures quoted in the report had been checked hy a firm of auditors and found correct, and he felt that, from the data sub- mitted, it would be tothe city's advantage to purchase the plants. Not Final Figures The figures, he explained fur- ther, were basic and not final, as they were dated Octoher 1, 1927, To them would be added the cap- ital expenditure of the year on the plants, and from them would be deducted the reserves set up and the net earnings during the same period, He recommended that the vote be taken at the municipal elections or such other time as the Council might decide, Alderman J. Stacey was also of the opinion that the city should purchase the utilities, Several other municipalities that had tak- en this step had reported that it had worked out satisfactorily, Full Discussion Alderman A. R, Alloway, while not oppoting the proposal, recom- mended that the report he left over until the council could discuss it in committee of the whole. Both he and Alderman G. Morris felt that it was a big quesiion, and that it should not he submitted to the people without the council be- ing fully cognizant of the details, Alderman Conant stated that. the council would have a full oppor- tunity to discuss it when the by- law for submission of the matter to the electorate came up for first and second readings, and Suggest- ed that the council have a special meeting and spend a whole eve- ning discussing the purchase of these utilities from every angle. Gas Plant The report was then adopted, as follows: "Your Committee heg report as follows: -- "We have had several confer- ences with the Hydro Electric Power Commission of Ontario, in Toronto, and have carefully exam- ined all the figures and data sub- mitted by the said Commission, in- cluding the following: -- "(1) The selling price of the Gas Plant has been set by the Com- mission at $225,000, This sum has been arrived at hy deducting from the hook value of the plant the sum of $65,386.56, being the Amount of the renewals reserved fund as of October s1st, 1927, (2) Mr. W. H. Pearson, a recognized authority on such mat- ters, who was for MARY Years as- sociated with The Consumers' Gas Company of Toronto, determines the replacement value of the Gas Plant at $307,076.76, (3) The operating surplus of the Gas Plant for the year 1927 was $33,707.18. "(4) After deducting an ade- quate allowance from the above operating surplus for fixed charges on capital on the purchase price of $225,000.00, it would appear that the amount of approximately $15, 600.00 would remain as applicable to repewals reserved and net sur- plus funds, The allowance for fix- ed charges on capital is based on five per cent. debentures at a period of twenty years, Electric System #(5) The selling price of the local electric system has been set by the Commission at $270,000.00. This sum is arrived at by deduct- ing from the book value of the plant the sum of $68,939.01, which was the amount of the renewals re- served as of October 31st, 1927. *(6) The operating surplus of the electric plant for the year 1927 was $88,431.81. "(7) After deducting an ade- quate allowance to take care of fixed charges on capital on 'the purchase price of 2270,000, jt would appear that am amount of leave to main as applicable to renewals re- served and net surplus fumds, The allowance for fixed charges om ° capital is based om five per cemt. debentures at a period of twenty years, ; The above figures, representing the purchase price of the plants, would be subject to such addi- tions as might be uired to take care of capital expenditures on the plants during the current year, and to such deductions as might be warranted by additions to the re- newals reserved fumds out of the operating surplus for the curremt year, Pay Their Way "It would appear from the above that the gas and electrie systems are amply able to take care of all operating and fixed charges and to provide adequate surplus funds for contingencies and reserves, "In view of 'the above facts, and in order that the City of Oshawa may have an opportunity of pur. chasing their plants so that Oshawa may become City owning and oper- ating its own public utilities in line: with many other cities in the Prav- ince, we recommendi=--(1) That this Committee be authorized to enter into such further negotiations with the Hydro-Electric Power Commission as in their opinion may be advisable, ) "That a By-Law be prepared au- thorizing the purchase of the loeal gas and electric systems and that the same be preseted to the rate- pegers of the City of Oshawa at such time as this Council might select," A -------- NOT J, T, LETHBRIDGE J. T. Lethbridge, 49 Drew street, wishes it to be made known that he is mot the J, Lethbridge mentiond in the 'Notice of Sale of utomobhile" article in Friday's edit tion of this paper, Card of Thanks 3 Mrs. Frank Hoskin, 136 Alma street, desires to thank her many friends and neighbours for floral tributes and kindnesses during the recent illness and death of Mr, Frank Hoskin, (89a) mn Memoriam MURRAY--In Memoriam of Al- fred Murray, who died October 16, 1922, age 5, Alas, not dead but Biiag #4, He just obeyed the Master's will, At home on high, at peace is he, ° 'Suffer little children te come unto me." Mrs. E, Newman, (80a) VAN NEST--In loving memory of our mother, Eliza Arnot Van Nest, who entered inte vest, October 16, 1925. Always remembered hy Husband and Children. (892) MURRAY--In ever loving memory of our dear Alfie, who died, October 16, 31922, "He was called from this world of sorrow, Leaving sweet memories of love, In that beautiful world ahove, So deat Lord let him henceforth e A biessenger of Love between our human hearts and Thee, Sadly missed by his Mother, Father and Brothers. (892) Born BURRUS--At 165 Tresane street, October 14, 1928, to Mr, and Mrs. George E. Burrus, a daugh- ter, (Daphne June), (80s) Coming Events 8 Cents per word each ins sertion, Minimum charge for each insertion, 85¢c, dren 25 cents. Te MADAME ROSE, FALMIST, AT 21 Maple St. Phope 2372F. Homrs 2009 T.T.8. RUMMAGE SALE AT BST. George's School Room, Wednes- day, 1.30 p.m, (88h) HEAR MRS. EVA ROSE YORK AT Calyarly Baptist, Athol West, tonigh tend each night till Fri- day, Subject tonight: "The Eter- nalness of the Crimson Stream." All cordially invited. (892) AUTO WORKERS UNION, SPEC- ial general meeting, 8 p. m., Wednesday, 17% Simeoe noth, Essential all members attend. J. Dowling, organizer, (838) PAINTERS WANTED TO ATTEND an open meeting of the Jnter- pational Upion Thursday next, in the Soms of England Hall at 8 o'clock. (89-91) WHIST DRIVE, WEDNESDAY, October 17 in basement of Holy Trinity Church in aid of Bufld- ing Fund, (89D) RUMMAGE SALE BASEMENT Simcoe St. Church, Friday, Octo- approximately $66,800.00 would re- ber 19, 1 p.m, (892)

Powered by / Alimenté par VITA Toolkit
Privacy Policy