Acton Free Press (Acton, ON), November 7, 1984, p. 29

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

Buyer beware at auctions Treasurehunters attending auctions this fall could bid themselves into financial trouble if they don check merchandise carefully In the competitive environment of an auction customers can end up buying ap pliances that dont work or antiques no older than the machine that massproduced them Whatever they re going to buy most people only have the word of the auctioneer to go by says Tom Johnson chief in for the Ministry of Consumer and Commercial Relations business practices division Auctions really are buyer beware situations Worse than taking home a dozen an tique toasters auctiongoers could spend a lot of money on items that are legally owned by loan companies If for example a car owner pay off all liens against the vehicle the lender has the right to repossess it even if it has been sold to someone else Unwary consumers could lose newly acquired property and face court battles to get their money back from the auctioneer The ministry Personal Property Security Registration branch can provide protection for consumers The branch keeps extensive records of liens and this information Is available to the public for a small fee Ask the auctioneer if he can provide a certified search proving the branch bos no record that the property has been pledged as collateral If no liens are listed with the ministry a purchaser would gain legal ownership but be aware that some problems could still occur A car owner may have borrowed money for the vehicle from friends who did not register the loan Court battles could erupt if the car is auctioned off and the loan has not been repaid Finance firms may also set policies of not registering liens when a loan is for less than a specified amount of money To gain extra security against unregistered liens on major items such as cars furniture or appliances get a written statement from the auctioneer declaring the merchandise free of encumbrances Most reputable businessmen will comply honestly and customers face any problems However in battle the letter could be useful as evidence by Con tinned on Goebelle Wagner CHARTERED sovran auditing accounting bookkeeping corporate income tax QSSB Cm TERM DEPOSITS ONE YEAR 999 interest pad on maturity ONE YEAR over Interest paid on maturity 11 11 4 12 Mtmfcw Ontario CotpotoHoa Tuesday STEAK NIGHT Prime Rib Steak Dinner- Choice steaks cut from our Famous Prune Ribs of Beef Includes Salad Bar Baked Potato or Rice Coffee or Tea 995 New York Strip Filet or Steak Oscar add SI PRIMERIB NIGHT The House Specialty Choice Grade A Beef carefully aged andslow roasted to perfection Includes Salad Bar au jus Gravy Yorkshire Pudding Baked Potato or Rice Coffee or Tea 995 RESERVATIONS SEAFOOD NIGHT Connoisseur s Delight Clam Chowder Salad Bar Crepe St Jacques with Rock Lobster Tail or Alaska King CrabLegs plus Breaded Oysters Salmon Steak Coffee or Tea 1695 We re expanded for your BANQVETS PARTIES Jack Tanner offers now private areas special reasonable rate for group of 15to We will help you plan your event and aelectthe perfect menu Then you can relax and wi take care of the rest food and refreshment complete with our and courteous service Bonus Feature For group of IS or morel Plan your fcjncheOO or dinner event at Jack Tanners for thru Friday and each member of the group wBlrecetveaVIP card for pedal shopping discounts In the Hid House 5198533440 the olde Hide House

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