Acton Free Press (Acton, ON), March 8, 1967, p. 16

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siiorvrtibtiwrkiwilai sjt r 5 f w i i ll i t sl fw y t l v p the acton free press wednesday march 8 1967 acton novki mtry in the four town tour nament at fergus went to the finals by whip ping fergus 51 but lost out to georgetown in the finals front row left to right bernle taylor bill paul mike luty robin inscoe jimmy rogers wayne allen kevin marcoux billy ware back row ivan hearn david al len david morris billy mckenzie ricky bag- inksi john hansen steve brunette gordie toth steve papillon coach ron schmidt halton peel trust annual meeting emphasizes theme growth security the 12th annual meeting of the halton andteel trust and savings co was held in the chamber of commerce build ing in oakville on thursday feb 23 the president of the company o e manning act ed as chairman and outlined the remarkable growth of the company from its beginning in 1955 at the end of the first year assets under administration to talled only 1215026 compar ed with 69689624 at the end of 1966 of this amount over 52000000 is invested in first mortgages in the same period estates under management have grown from zero to al most 6w million today 1050 shareholders own 326000 sha res of the companys stock a further issue of stock with generous rights was forecast he then spoke in more gen eral terms stressing the dif ference between finance com panies and trust companies he indicated that with trust companies the full amount of the mortgage is always known to the customer and the inter est is never collected in ad vance since 1900 the number of banks has decreased from 41 to eight during the same period trust companies have increased in number and in the volume of their business today assets under adminis tration arc as follows trust companies 16 billion banks 27 billion insurance comp 13 billion in his remarks as general manager j s beatty stated that in the more than 80 years of their operation not a single dollar had been lost by any depositor in the trust compan ies of ontario continuing the tradition of growth with se curity halton and peel open ed a new office in georgetown jn october 1966 the retirement savings fund initiated by the comp any in 1964 had grown during the last year from 330000 to 714000 and in the same per iod the investment fund grew from 641000 to 772000 al though interest rates have rea ched their highest point in 40 sagaweya ncil briefs at the tegular meeting of nassagaweva council on mon- dav night cpuncillors accepted with regret the resignation of sam scott caretaker for the township ad ministration building council lors agreed to advertise for a replacement agreed to send a copy of the townships resolution con cerning pits and quarries to ontario association of may ors and reeves the resolution was recently approved by the association of ontario rural municipalities approved a resolution from the township of west sign contract for gait firm alex barrett of moffat vice- president of cunningham- limp ltd construction con tractor recently signed the firms contract to build a 1000000 office and plant at gaits eastern industrial basin the plant will be erected for victor comptometer limited of gait and readv for occu- pancv about august 1 the gait plant will be the canad ian home office for the firm which has 260 employees in 20 locations across the nation it manufactures adding and calculating machines cash re gisters safes and files data communications equipment and a line of golfing equip ment sandwich which states munic ipalities should be exempt from paving sales tax when purchasing machinery and equipment received letters from the department of municipal af fairs from premier robarts office and the department of mines acknowledging receipt of the townships pits and quarries resolution instructed the clerk to write the cpr regarding re-im- bursement for the winter maintenance of a portion of the cpr roadwav which con nects the guelph junction ar ea with a public thoroughfare instructed the road super intendent to investigate the possibility ojf having dead tree on thrln quesing town line removed m n the trees are located just dr c a martin w j beatty years arrears in the comp anys mortgage payments re ceivable are less than one- tenth of one per cent and only one dwelling worth 6300 had to tie possessed by the company during the vcar ov er 9300 new savings accounts were opened attention was directed to re cent provincial deposit insur ance it was stressed that this applied to the number of de posits rather than to individ ual depositors different ac counts or certificates are sep arately covered the legislat ion reads as follows leach deposit debenture and guaranteed certificate is insured up to 20000 by the ontario deposit insurance corporation a crown corpor ation established bv the gov ernment of ontario dr c a martin vicepresid ent of the company express ed appreciation to the staff and complimented them on their ability as shown by their proven capable management eight offices are now in opera tion and of these five are owned and fully paid for by the company in his remarks w j beatty also a vicepresid ent spoke briefly of the in creased profits and the addit ional mortgage reserve harold fort told of the growth of the company in norfolk county there in creased production of corn fruit and more especially tob- bacco has stimulated the ec onomy troubles in rhodesia have resulted in better prices and in larger sales of tobac co especially in great brit ain this has resulted in in creased business in the sim- coe and delhi offices speaking as auditor c k macgillivray of the firm of chagnon and macgillivray stressed the security of the company and complimented the directors and staff on the efficiency of their operation messrs jackson armstrong hampson southgate and ba tes also spoke favorably on the report presented the election of directors resulted in the reappoint ment of the following men o e manning president south of the milton heights corner instructed the clerk to move the world war i and ii honor roll plaques from the old township hall to the coun cil chambers in the new build ing vicepresidents d s mclau- chlin secretary j r barber e barringham j a carroll a g clarkson p eng p a fisher g fort qc j m fraser e d goulding angus mcmillan oc e m milne j pengilley e slacer directors news of the di georgetown with the paint scarcely dry on george- townsrsixth school a seven room addition is already in the offing for centennial pub lic school as well as a four room addition to kennedy school anticipated expendit ure is 494000 grants could be as high as 350000 if a new government grant struc- lure is adopted school board chairman john mintern told council both additions would include a library and centen nial school plans include an auditorium to serve the east ern part of town projected enrolment this september is 2452 erin erins outstanding juvenile hockey team won the woaa juvenile c champ ionship by defeating lions head two straight in the fin als scores were 83 and 103 unemployment reathes high in guelph area the unemployment trend in the guelph area of the can ada manpower centre to this point in 1967 follows closely that of 1966 to the end of feb ruary if the pattern in 1966 is any indication the peak of unemployment has been reach ed for this year clients registered with this area canada manpower centre as unemployed and seeking work numbered 774 males and 657 females or 43 per cent laid off temporarily for less than a month in jan uary 711 males and 581 femal es were so registered comp ared with february a year ago 765 males and 669 females were registered the total number registered including those who are still employed but seeking other work numbered 874 males and 696 females the occupational categor ies which showed a de crease in the number unem ployed were clerical and re lated occupations sales agri cultural transportation fur ther increases were noted in service textile metal work ing electrical trade and un skilled occupations there is still a demand for skilled workers in various tra des such as machinists- tool and die workers machine shop workers sheet metal and foundry workers stationary engineers auto mechanics and repairmen the demands for unskilled workers declined with the latter game being played in erin in front of a large crowd woaa head dick parker presented the trophy the team is coached by gord gregson and managed by weir winters next on the ag enda are the omha playoffs lineup of the team fred ha milton and bert irving goal bob priestman carl parker jim mclaren bob holtom tom steen defense larry gregson ray bullock john winters jim peavoy rick middlebrook jim oxley how ie detla and john longstreet forwards j milton a proposal to es tablish a municipally owned airport in north oakville has been receiving impetus as a result of hearings with plan ning board last week a joint project of the municipalities of oakville and burlington the airport committee is head ed by jim snow an oakville businessman who resides in hornby the proposed site 300 acres on lots three four and five on no 5 sidcroad near omagh is considered the best available in either burlington or oakville but it was expected dozens of om agh residents would file objec tions at a subsequent council meeting fergus a multi million dollar rolling mill will locate in fergus the second major canadian industry within 18 monthsto choose the town as a site for expansion noran- da copper mills limited an nounced last week they would build a seven million dollar plant employing 150 people most of them local in the north corner of fergus where another subsidiary of the company located 19 months ago size of the new plant is expected to exceed 100000 square feet theyll make cop per and brass strip mrs r austen heads- t club north west halton voluntary services a new organization which intends to actively show con cern for those iri need in our community was formally founded on monday night north west halton volun tary services to serve nassa- gaweya twp and the lowville area was named and organiz ed at a meeting in st davids presbyterian church hall on monday evening representat ives of lowville and nassaga- weya anglican churches st davids and nassagaweya pres byterian churches lowville and zimmerman united chur ches ebenezer united church the campbellville womens in stitute and the nassagaweya womens institute attended the meeting mrs reg austen of rr 2 campbellville who spear headed efforts to have the group organized was elected as the group chairman also elected were three area co- chairmen mrs h king of rr 2 milton lowville area mrs jack wheclihan of camp bellville campbellville area and mrs w dunbar of rr i campbellville ebenezer area mrs w greenlees of camp bellville was named secretary- treasurer mrs charles inglis of rr i moffat was selected as the agency coordinator and mrs d joss of rr 1 campbellville was named as volunteer coordinator the main alms of the organ ization are as follows to actively show concern for those in need in the com munity by working through referrals from municipal gov ernment social agencies such as public health childrens aid cancer society and other health agencies clergy princi pals and doctors thereby en suring assistance to those in need to coordinate commun ity welfare services already in existence to inspire within the community a greater respon sibility for others thereby de veloping good citizens mrs auttcn reports an op ening meeting will be called probably in april so that the people of thecommimity will have a chance to learn exactly what the new organiz ation plans to do she described the monday meets tuesday new members are being sought for the tyro club which meets every tuesday evening from 7 to 8 pm in the united church two new mem bers were recently enrolled leader allan lauder has an assistant now to help in the person of norm elliott the boys are presently atu dying the universe the action of the moon and stars and conditions the first man the moon will face on night meeting as successful beyond my expectations reeve william coulter of nassagaweya conducted the elections try relining drawers with adhesive backed paper its easy to clean with a damp rag and will last indefinitely r ssil taster cards viiw4xjr commit siliction gibsons most exciting collection of easter cacjl is in our store each expresses the thoughtfulness you wish to send see us to- fv for best selections dills stationery s6 mill st acton 53200 sixth lite dub makes appffcthn far hotel beeace an application is being made before the liquor licence board in march to operate the halton county inn on the sixth line of nassagaweya as a hotel it was reliably learn ed this week the qiwners mr and mrs boris trifonoff of toronto are making application through their solicitors mr trifonoff converted the large rustic barn on the property into a club house with some overnight ns fivp y ago and open- rca victor factory authorized hbiusmrsvoicr ed it as the halton country club a golf course tennis courts swimming pool and steam baths were included plus a large rustic dining room the club was leased to priv ate operators two years but the owner is operating it again as halton country club highlevel contrast control gives full range contrast without distortion excellent daylight viewing automatic channel equalizer keyed aqc compensates for tv signal variations to minimize fading picture stays clear and steady locked in place by stabilizer circuits noise suicide which guard against interference that causes tearout and bounce pushbutton circuit breaker eliminates fuses and service membership in the hmlitrr automobile club ontario motor league includ membership in automobile association and automobile association join today it pays to belong call rank van wyck lit bower a lt i tismmtiaimmauahimiiiimiatimiaiimmisisarsbr salute to canada 1967 presented by the guelph college figure skating club friday and saturday march 17 and 18 at 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