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

= LORD LONSDALE THE OSHAWA DAILY TIMES, TUESDAY, DECEMBER 9, - 1930 . on : Ei SRR A EE supply, which was in a very way, and have worked to free their country of corrupt political influ- ence, They have twelve women représentatives in Parliament. This suceess was atributed by them to the fact that over three centuries ago their people had realized that women must be educated for hold- ing public office and that they were |. as capable as men to receive this HIT BY TAXATION : . Drop in Income of $590,000 Em VICTORIA EVERGREEN PLAYGROUND ---- yy ------------ ing of the Maritimé Board of Trade at Moncton to bring about an industrial survey of Maritime Can- ada, apd strongly recommended the settng up of such a board that facts regarding Maritime industries could be ascertained. MOTHER-IN-LAW | Here and There (661) i Among the events of major im- portance to distinguish the coming winter sports season in Quebec will be the International Dog-Sled Derby to be held February 19-21 over a 120.mile course. It is ex- ES ---- DODD'S i) KIDNEY ~ ("Yearly Affects Hospitals education and to fulfill functions in | pected Emile Bt. Godard, four times Sp bi { +, and"my income from one part of 9p {Nifta J '+ «Lord Lonsdale. made this state- ; Sie said. he would give $2,600 to * thought t "that hospitals and" charities would "sha "+ London.--"At cut time I used to '$150,000 a year on hospitals, my estate was $600,000 a year. It has been reduced to $10,000, and 1 contributed to nong of the hos: Rens While presiding. recently at the annual: festival in 'London of the Excelsior Philanthropic Society. "society; and added that, with: wishing to speak politically, he 1 extra taxation, labor unrest, and the want of knowledge of what was going to happen to taxation in the future would mean suffer most. "The time will come when we 'have nothing to give, We have not got it. I can speak per- sonally." F. P. M. Schiller, K.C., also re- ferred to the subject of taxation, '"" We have got to the end of our tether," he said, '""Those who had superfluity of wealth for a so- ciety such as this are having their activities crippled by the taxation that is being placed upon their backs." FUTURE OF GANADA INWOHEN'S HANDS "Home Is Affected by Nearly 'All Legislation, Says Mrs. C. B. Waagen " ---- Montreal.--Practically no legis. lation is passed that does not affect the home and for that reason wo- the state. "I do not believe we can accom~ lish anything in the political arena the formation of a women's par- ty, The education' of our women is a large national question which must be done outside political asso- clations," Mrs. Waagen concluded. BETTER BUSINESS IN SPRING LIKELY New York Business Expert Is Looking for an Upward Turn New York.--A predominantly op. timistic sentiment in regard to an important upward swing in busj- ness activity shortly after the turn of the year, is disclosed in a synop- sis of opinions on the industrial sit- uation made by Gage P. Wright, New York business and investment counsellor and president of The Business Economic Digest, in the current issue of that service. He says in part: 4 . "Business activity, as measured by our Consolidated Index, has de- clined to a new low for the year, and we now estimate that business activity is about 23 per cent below normal." Mr, Wright goes on to say: *The rapidity and depth of the decline in productive activity dur- ing the last few months strengthen the prospect for a turn in business in the spring. That is, the neces sary readjustments are being - ac- omplished rapidly. Of course, there are still many elements in the situation which have yet to be re- adjusted such as undefiated security loans by banks and retail prices; but according to past experiences a period of business depression does (9) ¥ ictoria, Canada's evergreen playground, offers a striking contrast 1 to the rest of the Dominion during the winter months, for while all 4 other parts of the country are blanketed in snow, summer never © really loses its domination there, The climate is so mild that all kinds of sports, usually subject to seasonal limitations elsewhere in Canada q are all-the-year-round recreation, and the beautiful getting of Vancouver Island never loses its charm. Victoria is essentially beautiful, as the o accompanying pictures show: (1) The Lmpress Hotel, the Canadign Pacific Rallway's imposing hostelry, headquarters of all social and sporting events and Mecca of thousands who wish to escape the rigors of the prairie wintsr, (2) The "gallery" at the CrystalyGandens, watch- ing. (3) Bathers in its swimming pool. (4) Butchart's Gardens, once a quarry, but now one of the fincst gardens in the world. "(5) The famous Malahat Drive, winding for miles through beautiful mountains, and (6) A golfer, driving off at the 7th, tee. | the son's wie wil be granted a de- MUST LEAVE HOME Interesting Legal Precedent Is Set by Judge in New York New York.--A legal precedent forbidding a mother-in-law living in the home of a married couple has been cstablshed here by Supreme Court Justce Selah B, Strong. Justce Jiions ruled that unless John C. Domerty's mother leaves her son's home by New Year's eve, cree of separation on grounds of cruelty. The real and underlying cause of the domestic tribulations of John and Frances Domery, according to Justice Strong's written opinion in the cause, is the mother-in-law's problem, "He has installed his mother as overlord in his home," sald the court, 'and demanded that his wife be subservient to her, He has thus subordinated the wife's interests in every possible way to the demands of his mother, "Such treatment on his part is eruel and inhuman. It humiliates her before her friends." 800TH ANNIVERSARY TO BE CELEBRATED Montreal.----Next June a. be celebrated in London the 800th anniversary of the founding of the Order of St. John of Jerusalem. Dr. C. J. Copp, commissioner for Canada, referring to the proposed ceremonies in addressing the St. John Ambulance Brigade Overseas, Nursing Division, No. 19, on the oc- casion of the annual inspection, urged as many of the Canadian members as could arrange to do 80 winner of the trophy, will defend bis title. The Masquerade Bal] at other high light on Yebruary 20, Other events will be the Interna- tional Convention of Clubs from Canada and New Ekng- rence about the middle of February. Vietoria Golf Club where the third annual mid-winter golf tournament will be staged from February 23 to 28 came in for unstinted praise from Gene Sarazen, former United States open champion, and Al. Es- pinoga, of Chicago, interviewed re- cently. "I thought Victoria'would be a Jand of ice and snow around this time and that Vancouver Island was a suburb of the frozem north," he sald. Hig visit provided him with one of the surprises of his golfing career and both climatical- ly and from the golfing point of view, Victoria was in both his and Espinosa's opinion ideal, Making fast time in handling the annual inbound movement of the fruit, now as much a part of the Christmas board in western Canada as the turkey or mistletoe, a Cana- dian Pacific train of 26 cars carry ing about 60,000 boxes of Japanese oranges reached Field recently after making the run through the mountains from Vancouver in fif- teen minutes less than scheduled J passenger train time. By mid-De- cember ft is calculated that 700,000 boxes of these oranges will have been delivered, Colorful Yuletide pageantry, ine cluding the ceremony of bringing in the boar's head and Yule log will be observed at the Empress Hotel, Victoria, Christmas Day and carol singers, a chef in Elizabethan cos- tume attended by page boys and a court jester in cap and bells will accompany them through rotunda and dining room to the place of the Chateau Frontenac will be an- | Snowshoe | land and the annual ice cance race | through the floes of the St, Law- . The sporty seaside lay-out of the | PILLS REFUSES TO DISCLOSE NAMES OF COMMITTEE Washington.--William J, Foster, Communist leader, refused to give to the house committee investigat- ing Communistic aetivities in the United States the names of mem- bers of the American. Communist central committee, Foster read a prepared statement which said there are 9,000,000 un- employed in the United States, "Those who are still employed," he said, "are having their wages slashed and are being speded up be- Jond the limit of human endur- ance,' MODERN SUBMARINE SPELL'S NAVY'S DOOM Boston. -- The submarine has spelled the doom of naval conquests in the future, Rear Admiral Wil- liam 8. Sims, retired, told an audi- ence last night. The admiral, speaking before the Lowell Institute said the submarine of today, greatly improved over war-time submersibles, made it im- possible for an opposing fleet to go far from its base because of the in- ability of surface vessels to com- pete with any degree of success against them, WOMAN MONEY WIZARD MAY PAY Mme, Marthe Hanan, "the wizard of finance" in Paris who was declared insolvent two years ago, has started her efforts to repay her 5200 credit- tors the 150,000,000 francs due them. In the Paris Tribunal of Commerce recently she promised to pay the ac~ counts. within five years, and many creditors have supreme confidence in her ability to do so. Mme. Hanau founded the Gazette due France, a combined financial newspaper and banking undertaking, When it failed she was imprisoned. Her a ppeals for time to investigate the affairs of the Gazette were granted, and her report has just been made, honor where the Lieutenant-Gove ernor R. Randolph Bruce who is sponsoring the celebrations, will be seated. not cover all maladjustments. The majority of business troubles are smoothed out before the upturn be- comes evident but many are cor- rected after a business recovery be- gins." men's contribution te"the national life . is enormously important, de- clared Mrs. Carsten B, Waagen in addressing the Outremont and North End Women's Club. "I do not believe that as Canadian women we yet realize the tremendouspess of our responsiblilty or that the pstiny of this country lies in our ands," the speaker added. « "It is very flattering on the part of the male mind that has been ex- BURNABY TALKS ON redial cst asl MARITIME TRADE should have expected us to bring ! about so rapidly a reform of our ma Commissioner at Toronto national life since we obtained the vote and to have worked in so very . Points Out Golden Op- portunities for Business to make the trip to the Mother Country and participate in. the events. The celebrations will take place during the week of June 24, and will include a review of the St. John Ambulance by the Prince of Wales in Hyde Park; an investi- ture and inter-Dominfon competi- tion. Dr. Copp urged the members of the Nursing Division to bring thejr unit to the highest degree of effici- ency that they: might be well quali fied to take part in the competi- 8. Hong event was notable for the presentation by Dr. Copp of the Dent. Trophy, a heautiful . silver | rose bowl, won by Nursing Division |No. 19 in competition With other {| units for general proficiency. Last week 970 letters came in one day to the radio office of the Canadian Pacific Railway from Melody Mike fans, They came from cities, towns and villages all over Canada and included many {rom the United States. It is an all- Canadian radio feature declared by radio station people to be, with one exception, the most popular feature on the air today, The Emperor of Japan is among the recent new customers for Brit ish Columbia pure.bred poultry. A consignment of selected birds which sold for $4590, from some of the best poultry farms in British Col- umbia, was recently shipped to the Imperial farms. Bach of the hens in the consignment has a record of 300 eggs or better per year. i clared R. W. E, Burnaby, Maritime | Provinces, and in this connection he {ada today is industry, sald Mr. Bur- trade commissioner at Toronto, in|stressed the point that people from |naby. The people must know first an address at the anual meeting | other parts of Canada should be en-| where they can sell before they and banquet of the civic division of | ticed to come to the Maritimes to | produce, and therefore are faced the Saint John Board of Trade, become batter acquainted and to | with the problem of getting definite The Duncan commission's report, | take back home a true picture of | marketing facts before any definite Mr Burnaby sald, had brought tof{this part of the country. advances in this 'déreetion can be the people tg ae anew view | wa. Need 1s Industvy meade; He expressed" Pleasure in and relations of the Maritime | The great need in Maritime Can- |the action taken at the annual meet- THE VOICE SUPREME The voice remains.the supreme way of offering congratulations. When an important event occurs in the lives of those you know, why not telephone? It carries your voice wherever you wish--and it is in- finitely satisfying. short a time a revolution that a cen- tury of male enfranchisement has failed to accomplish," she said. Mrs. Waagen recalled a visit to Czechoslovakia, where . she had learned what the women of that country had done 'during the past|have many golden opportunities to ten years. They had at the begin-|increase their trade with the rest nies tehen wver CUNLIU] Or THE Tove Tor Uanaga and other countries de- Saint John.--In spite of certain difficulties the Maritime Provinces Rationing of employment, by which available work is distributed among a maximum number of employees, is being adopted in Australia. to, the said rental to be payable quarterly. The agreement further provides that upon the completion of the building and upon Coulter Manufacturing Company, Limited, setting up machinery and equip- ment therein to the value of nat less than $65,000.00, Oshawa Industrial Foundation, Limited, is to advance the sum of $10,000.00 to assist in equipping the plant with 60 cycle motors, and in moving its machinery and equippment to Oshawa. This $10,000.00 is to be repaid with interest at 7% per annum in five equal consecutive annual instalments and is to be secured by the deposit with the Oshawa Industrial Foundation, Limited, of one-third of the issued capital stock of Coulter Manufacturing Company, Limited, the par value of which it is expected will be not less than four times the amount of this loan to the Company. . COULTER MANUFACTURING. COMPANY, LIMITED, has its origin in Coulter Copper & Brass Co., Limited, an old established firm in the City of Toronto, which has outgrown its present premises. The new company will bring to Oshawa a substantial part of the machinery and equipment, goodwill and orders tor busi- ness of the old Company. Approximately one-half of the business of the new company. will consist of the manufacture of automobile hardware and the remainder of the business of the company will arise from general hardware manufacturing. It is conservatively estimated by the Officers and Directors of Coulter Manufacturing Company, Limited, and of Oshawa Industrial Foundation, Limited who have thoroughly investigated, that upon 'the establishment of the firm in Oshawa at least 100 employees: will be engaged and that this number will be considerably increased in a short time. CHARTER The Charter granted fo Oshawa Industrial Foundation, Limited, under THE ONTARIO COMPANIES ACT on April 18th, 1929, provides the Company with very wide powers for carrying out its purposes, which may be sunmmarized as the promotion and encour- agement of industrial development in the City of Oshawa, and more particularly the construction of buildings for manufacturers now or hereafter to be located in Oshawa. SHARES The Authorized Capital of the Company is $300,000, composed of 5000 Shares of Common Stock of $100 par .value, The present issue cK is $100,000, being {P00 shares at $100 per share. EXPENSES The only expenses of the Company at the date of this Pros- pectus are the incidental disbursements necessary tor the incorpora- tion of the Company and its organization. Legal services have been and will be donated gratis by G. D. Conant of the firm of Conant & Annis, Barristers, &c., Oshawa. The expenses in connection with the placing of this issue including all commissions, advertising, printing and publicity will amount to about 2% %, PROSPECTS \ The Company, having been sponsored by the Oshawa Chamber of Commerce, is assured of necessary co-operation from that organ. ization and from the Oshawa City Council through the maintenance of 'an Industrial Commissioner and an Industtial Committee. Ample machinery has been set up and is in operation for securing in- dustrics and for making all necessary preliminary investigations, INDUSTRIAL SITES It has been felt for some time irom the experience of the officers of Oshawa Industrial Foundation, Limited, particularly in their capacity as directors and officers of the Oshawa Chamber of Comi- merce, that the industrial development and extension of Oshawa could only be assured by having available proper industrial sites suitably located and conveniently served with the necessary facilities. In the year 1929 representations were made to the Ontario Legislature for legislation that would enable the purchase by the City of industrial sites and this resulted in the passing of THE INDUSTRIAL SITES ACT, 1929, which enables the City to pur- chase industrial sites with the consent and approval of the electors. Soon. after the pagsing of this Act, a by-law was submitted to the ratepayers of Oshawa to authorize the expenditure of $30,000, in the purchase of industrial sites and this by-law was passed by a large majority of the ratepayers. Following the passing of this by-law the City purchased an area of about 13 acres on Simcoe Street, South, adjoining the plant of The Skinner Company, Limited, and has more recently purchased an area of about 12 acres at. the Harbour. In addition to these areas the City owns a tract of about 100 acres of land near the Harbour acquired some time ago. It is felt that the City of Oshawa is now in an enviable. position through having available most desirable sites for the location of industries. PRESENT ISSUE The proceeds of the present issue will be used to purchase from the City part of the Industrial area "on 'Sihicoe Street South, and to erect theron a building for Coulter Manufacturing Company, Limited, and for one of seyeral other industries with which negoti- ations are now pending. : Prospectus Bou we Oshawa Industrial Foundation Limited (INCORPORATED UNDER THE ONTARIO COMPANIES ACT) HEAD OFFICE ' OSHAWA, ONTARIO, CANADA It is estimated that the cost of the site and building for and the loan to Coulter Manufacturing Company, Limited, will involve a total expenditure of approximately $65,000.00, and that the value of the plant, machinery and equipment installed by Coulter Manu- facturing Co. Limited, will be more than twice the total expendi- tures by, Oshawa Industrial Foundation, Limited. The Oshawa Industrial Commissioner and the Directors and Officers of Oshawa Industrial Foundation, Limited, are in negotiation with several other substantial firms with a view to locating them in Oshawa within the next few months. It is confidently expected that one and the most desirable of these industries will be located in Oshawa in the very near future and that the balance of the present issuc will be required to provide facilities for this other industry, . AUTHORIZED CAPITAL 5000 common shares-- (Par Value $100)--$500,000 PRESENT ISSUE 1000 common shares--(Par Value $100)--$100,000 Price $100.00 per Share OFFICERS AND DIRECTORS PRESIDENT G. W. McLAUGHLIN The Coulter proposition is being proceeded with at once ani plans and specifications are under preparation so that construction may commence as soon as satisfaétory contracts have been secured. The Coulter Company is desirous of establishing its plant and getting into operation in Oshawa with the least possible delay. Tt is ex- pected that this plant will be into' production in the City of Oshawa not later than February 1st, 1931. : 'DIVIDENDS It is 'the intention of the Officers and: Directors of : Oshawa Industrial Foundation, Liniited, to distribute among the shareholders as dividends the entire revenues of the Company from rental and interest moneys after defraying taxes, insurance, depreciation and il other necessary expenses. Tt is expected that this policy will enable the 'company to pay dividends of 'approximately 6% per annum. to the shareholders. : ! APPLICATIONS Subscriptions for stock may be made on application to and any further information may be obtained from any of the Directors or Officers br the financial agents of the Company. All subscriptions for stock, however, will be subject to the approval of the Board of Directors of Oshawa Industrial: Foundation, Limited. : Dated this 1st day of December, A.D, 1930. OSHAWA INDUSTRIAL® FOUNDATION, LIMITED, : G. W. McLaughlin, President. P. J. Reddin, Secretary, 1st VICE-PRESIDENT " T."B. MITCHELL - hit Mayor, City of Oshawa 2nd VICE-PRESIDENT F. L. MASON Sec'y Treas., Pedlar People, Ltd. DIRECTORS : E. C. HODGINS Mgr., Canadian Bank of Commerce * (Oshawa Branch) SECRETARY-TREASURER : F.]J. REDDIN : Central Canada Loan & Savings Company (Oshawa Branch) ; FINANCIAL AGENTS CUTLER '& PRESTON Oshawa, Ontario GEO. HART President, Oshawa Dairy, Limited Oshawa Industrial Foundation, Limited, has entered into a coa- tract with. COULTER MANUFACTURING COMPANY, LIMITED, whereby Oshawa Industrial Foundation, Limited, agrees to acquire a. site of 239 acres immediately south of and ajoining the lands of The Skinner Company, Limited, on Simcoe Street South and to construct thereon a building with a floor arca of not less than 24,000 sq. ft. The building will be of standard heavy type factory construction, concrete foundation, brick walls, steel sash with modern roof of lantern or. gondola type. The signed contract provides that Coulter Manufacturing. Company, Limited, will, upon completion of the building, enter into a lease of the entire premises for a period of ten years at an annual rental to consist of 10% of the total cost of the site, building and all expenses incidental there- SOLICITOR G. D. CONANT. B.A, LL.B. of Conant & Annis, Barristers & Solicitors * Oshawa, Ontario BANKERS THE CANADIAN BANK OF COMMERCE VES GR A EAT Manager, CUTLER & PRESTON, Oshawa, Ontario, Financial Agents.