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Section Two The Canadian Statesman. Bowmanvilie. September 22, 1976 5 Gives Rotary Classification Talk Manager Talks About Role in Local Branch of Merry Makers Bowling Team 1 - Mary Huisman, Shirley Langford, Helen White, June Lee, Karen Whit- ley, Isobel Cummings. Team 2 - Gloria Smith, Diane Gibson, Verna McMa- hon, Bonnie Smith, Marg Tippins, Goldie Britton, Edna Barko. Team 3 - Elain Elliott, Marg Nieuwenhuis, Ruth Minard, Amy Carter, Ann Ashurst, Mary Blunt, Jess'Pithie. Team 4 - Marion Knapp, Sue Rutty, Marion Ray, Cathie Stevenson, Krys Hughes. Linda Debruin. Team 5 - Karen McFeeters, Helen Sheehan, Josie Roberts, Joanne Bunker, Betty Lang- ford, Doreen Connelly. Team 6 - Clem Dowholis, Liz Brunt, Reta Junkin, Marge Connelly, Donna McLenon, Donna Kay, Jane Fournier. Team 7 - Dorothy Moore, Bey. Knight, Gwen Taylor, Marie Gibson, Maggie Morris, Margaret Pearson. Team 8 - Diane Atkinson, Lynn Potter, Doris Patterson, Sally Rozema, Grace Chant, Chris Kendal, Joan Siade. Canada's by Liz Armstrong McGill I presume ta, know as little Howg about banking as the preemin- 'finan< ent Canadian humorist Step- allels hen Leacock did when he yond penned a very funny story analys called "My Financial Car- columi eer. " -book, In it, the hapless author gets bankin totally flustered while at- to me. tempting to open his very first At le savings account, and ends up Sept. £ (by mistake) withdrawing the Rota r entire sum he has just Bedar, deposited. little s Actually, Leacock was mer- really ely spaofing. When he wasn't Mr. regaling his reading audience manag with clever tales, he served as brancf a professor of economics at treal,i First Bank IUniversity. vever, my own real life iial career' closely par- Leacock's fiction. Be- a periodic (wincing) ,is of the debit and credit ns of my savings pass- the whole world of îg is completely Greek [ast it was until Thurs., 9th at the Bowmanville 'y Club, when Dick rd made it all sound a simpler than it probably is. Bedard is the current ier of the Bowmanville ýh of the Bank of Mon- and as one of, the newer Flower Pot Restaurant Hwy. Il5 and 35 10 Mi les N. of Hwy. 401 PHONE 983-5266 HOU RS: 8:Oa.m.to8.oop.mn. 8:0a.m.tolO:OOp.m. (WINTER) <SUMMER) CLOSED TUESDAYS HOME COOâ unKNG.. *.FULL TAKEflc-OfUT S ER V ICE B.P A S lB$%A-R £f6 ed6 members of the Rotary Club, he was called upon iast Thursday to give his classifi- cation talk. if it's true that people fear most what they understand least, then following Mr. Bedard's presentation, I'm a little less wary about the subject of banking. That's not necessarilygoing to help me balance the books, but it is a step in the right direction. Canada's First Bank Mr. Bedard opened hîs remarks with a short history of banking in Canada, which began inauspiciously enough 160 years ago. Without any fanfare whatsa- ever, the fallowing announce- ment appeared on October 23rd, 1817 in two of Montreal's contemporary newspapers, the Herald and the Canadian Courant: MONTREAL BANK The Bank will begin its operation on Monday, the 3rd of November next. Bank hours frorn 10 o'clock a.m. to 3 o'clock p.m. Discount days, Tuesday and Fridays. Bis andnotes for discount to be sent under cover to the Cashier of the days preceding. At the time it was an item of Saturday Supper Dancing Sept. 25, 1976 with DICK VALLEAU,Quartel BOB MILL, Vocalist JOHN McGEE SE PTEMBER 20 -24 SATUR DAY -SUN DAY SP EC AL Roast Loin of Pork $5.50 Libety t. out a Qi01Bowmanvile J The Bank of Montreal's Dick Bedard shared some of the secrets of successful management with f ellow members of the Rotary Club during his classification talk last Thursday. Mr. Bedard. pointed out that managers are transferred a great deal, and he is no exception to this general rule -- prior ta his appointment in Bowmanville, he served for the Bank of Montreal in Ottawa, Peterborough and other Ontario centres. In his role as manager, Mr. Bedard explained that he strives to apply Rotary principles of fairness, honesty and truth ta his daily business practices. minor importance, yet Nov- emiber 3rd, 1817 can now be regarded as one of the signýificant dates in Canadian hiistory, Mr. Bedard stated. "At the time when the small, struggling British North American provinces of Lower and Upper Canada were without a currency of their own, the Montreal Bank first provided an acceptable and greatly needed circulat- ing medium in the form of bank notes redeemable in specie, a safe repository for business funds and prîvate savings, a source of commercial boans at estab- lished rates of interest and a reliabie instrument for the purchase of 'foreign bills of exchange and other commer- cial paper." Bowmanvilie's entry in ta the world of banking came in 1848 when a branch af the aid Ontario Bank was opened here._ Though it ciosed a few years later, a merger with the Bank of Montreai had since occurred and -a new office opened in 1857. At the time Bowmanviiie was included in the high world of finance mainly bècause it was iocated on the Toranto-Mantreal stage line. The Bank of Montreal, and indeed ail Canadian chartered banks have corne a long way since 1817. The B of M alone has over 1200 branches with assets in excess of $20 billion. Role 0f Community Bank While most people consider that a bank is mereiy a place ta deposit and withdraw (or borrow) funds, Mr. Bedard feels that it actually plays a dual rale, that of a business with a service to sel, and as an employer and citizen in the community served. As far as his own role is concerned, Mr. Bedard stated that he has numerous duties to perform, but that the most important one is to manage, and he broke that function down into four different cate- gories which are closely related to Rotary principles of fairness and honesty. Examines The Truth First, in terms of customner relations, Mr. Bedard stated that he examines the truth of his business practices. For example, when a small bus- inessman cames in ta, borrow $200,000, Mr. Bedard informs hîm of the difference between the prime plus rate and the small business boan rate which is one-haîf a percent less. He gives fully secured boans the benefit of a preferred rate of interest and attempts ta be honest with ahl customers and personnel. Mr. Bedard abso *tries ta ensure that ail decisions lie makes are fair, even though the bank might lose deposits for the sake of getting customers a better return on investmnents. "Being the aid- est bank in Bowmanville," he expiained, "we serve the bulk of the alder customners in the community, and they put a lot of faith in us." Hence, when a widow is seeking advice about investments Mr. Bedard wil often recommend that she transfer her money ta another institution that can serve her C or0ttation RESTA URANT MONDAY - THURSDAY 6 a.m. - 12 p.m. FRIDAY - SATURDAY 6a.m.-la.m. SUN DAY 7 a.m. - 11: 30 p.m. SERVING DELICIOUS CHINESE FOOD TAKE-OUT ORDERS A SPECIALTY Free Delivery un Bowmanvulle on Ail Orders of $7.50 or More V Full Course Meals in a Home- Li ke Atmfosphere 9 King St. W. 623-5412 purposes b etter. Similarly, with overdrafts or loans that have fallen into arrears, Mr. Bedard attempts to seek a fair solution that will be beneficial to the bank and to the client, before he stamps a cheque N.S.F., Goodwill and friendship are another important aspect of, his role as manager, and he strives to make sure that hîs actions and conduct are bene- ficial both to his employer and the community. He also im- presses on his family that they will only get out of Bowman- ville what they put into it, and he is a firm believer in becoming involved in com- munity affairs too. In his capacity of manager of a bank, Mr. Bedard has made frequent moves to several communities in the province, and has worked in both small and large branch- es. He describes the Bowman- ville Bank of Montreal as one of the stronger' branches, because, the population is basically made up of good strong people who bring strength to the bank. Mr. Bedard appears ta offer a good balance from the other sîde of the counter. Be a RED CROSS BIood Donor IN CONCERT THE INTERNATIONAL STAR AL With Special Guest SHIRLEY EIKHARD Friday, September 24th, l1976 8 p.m. $6e00, $5.00, $4o00 Tickets on Sale Auditorium Box Office OnIy THE YHIGq-YHWAY PARAD"--"ISEho We_ serve delicious tasty hamburgers submnarine sandwich- and mýany more appe- es, also juicy char- tizers ait a reasonable broiled steaks price. Ace Submarines. are frosh ail the time aond they are Iust right. THEY ARE SUPER! - YOU'LL LOVE THEMI Su fBMARUNE Hwy. 115 & 3.5 1/ Mile North of Newcastle REMEMBER: There's- an Ace Submarine location near you ready to serve you tili the wee hours of the morning. NEWCASTLE VILLAGE aDISTRICT 0F COMMERCE FALL FESTIVAL DAY~ OKTOBERFEST SATU RDAY, SEPTEM BER 25, 1976 The f ollowing f inal plans have been com pieted f or.thms SPECIAL DAY 1. Activities are centred around Newcastle Village Community Hall. 2. Antique Sale and Flea Market 9 A. M. ta 5 P. M. 3. Sidewalk Sale al day. 4. Commencing at approximately 1 PM, the follawing activities!4 A. Bake Sale 4 B. Rummage Sale C. Farmers Market D. Homemade Bread and Haney Products Sale 4 E. Variety of other Goods for Sale4 F. Refreshment Garden open 1 PM ta 6 PM 5. Community HaR closes at 6 PM ta 8 PM 46. Oktoberfest - EVENING - Tickets selling quickly. Obtain yaurs.naw - Price $6.00 per persan, basically sold ta couples. Tickets available from Village 4 Merchants.4 7. Free Stein, Coffee and one serving of German Food included in the TickeX 4 price.4 8. There will be Doar Prize Draws.4 9. Refreshment Garden open 8 PM ta 1 AM.4 10. Community Hall opensat 8 PM and closes at approximately 1 AM. 11. lnternationally known German Band - THE TIROLER BRASS- com- mences the DANCE at 9 PM thru ta approximately 1 AM. COME JOIN IN THE-FUN WITH US WE ARE LOOKING FORWARD TO WELCOMING YOU. rA- Meal Fit for aKing BULL DOG FEAST MINI FEAST Soup and bread with fish, chicken, honey ribs, beefkabobs, corn-on-the-cob, onion rings, breaded 6 mushraoms, carrots, celery, $5 5 grapes and apple nos. $ 05 SAMPLE 0F LIQUOR LICENCE Plus Tax Plus Tax Meals Available Monday thru Sunday Nightly Entertainment 7 Days a Week (Dancing and Sing-A-Longs) HOU RS: Monday thru Friday 11:00 a.m. to ___ 1: 00 a. m. Saturday 5:00 p.m. to 1:00 a.m. Sunday 2:00 p.m. ta 10:00 p.m. Cocktail Hours 4:.30 p.m. to 7:00 p.m. _ _ _ _ _ _ t4iislli doeures Dinner 5:00 p.m. ta 12:00 midnight Athol St. W. AMPLE PARKING IN REAR E British Bull Dog 3 IGS.W - King St.-