THE MERCHANTS BANK REPORT OF THE 46th ANNUAL MEETING OF SHAREHOLDERS. & general meeting of th vas held on Wedneday Montreal. The President. - M Kiiho n The annual anada 14 mes the M J meet iy The Rresident December 15th, #t the head offices, 20f | chai was taken at noon hy Sir H. Montagu | street A et, Secretdry of the Bank, was appointed Secret notice calling the meeting. nnuxl meeting were taken as read report of the Directors, DIRECTORS REPORT. pleas n submitting the report of the covering the year's for the information and approval of the ¥hare holders, profits amount to $831,159 equal to 13.85 'per pent upon the i9 or 12.20 cent for the previous vear We good and from present outlook is promising for equally good results Ww re loath, however, to predict, for we out otherwise, so magpy the read the last presented rh THE The Dire Hank 6H and minutes of t he after Which the follows: the as tors haves ire Merchants' of Canada wembior The net or per return Apis against $738.5 this wu the months may ture As hop feel ou will consider afe in aovering the all know the caley The saying 1at next ita € how easil in atio . past year's earnings have been dealt with as follows: --Afier paying the usual dividend at the of 8 per cent. we have written down our bank premises $100.000 and cre ed $50,000 to the Officers' Pension Fund, leaving a balance te te deal f $20L16957. THis sum, added brought forward us to add 3.006.000 to the Reserve Fund. ih per it of the capit and to cerry forward a balance in the of $102,157 branches we Bank ened fourteen offices snd F Saskat« Killam a Okotoks sige BA We have also openec Mulrkirk Strome ewan Office We ment for enables making Profit and count have been St Inspected during Eugene, Ont Ste. Agath- Castor, Mannville, Viking. Acme. Nanaimo, New Westminster and ub-agencies, viz. Meadowvale and We have closed the Fort Saskatch- the year namely ) k Oomt and Botha asking you er to in 40.000 this power are tuthorize the cag shares now, but to apply to the Dominion Govern stock of the Bank by Issuing, at $4.00 900 We are not pro desiraale vour interest to y reas a convenient time new equal to posing stock think take it in respectfully subm H tted MONTAGU ALLAN President. gn PROFIT AND 1OSS ACCOUNT Statement of the Re t of the Busi ana "t Profits of t} ness of the Bank for the Year ending ¥ November ) ie ar. after pay interest on deposits and' doubtful debts g wrward from 30 ment of charges and making fun have amounted to th November, 1508 rebate proy inion r $ R21.159.57 400,997 94 halar was Maki $1.2 $120,000 on 126.000 00 120.000 nO 120.000 060 - $480 000 300,000 100.000 50,000 102,157.5 Reser Pr Officers Balance ve und .... Ace ount Penasi Fund carried forward nk emises THE STATEMENT Statement of Liabilities and Assets at LJABILITIES a wluded) in Can- : 1.504 Great 330 n the Britain Unit 2.581 nnn 07 120.000 865 197.627 000.60) § 000 000 400 897 WOOK 0h 157.51 10.802 157 $48.300 om Note £8. 70% 240.000 4% 1174 8 <a 0 tn 1.223 118 685 17.080 a4 6% nes 1134 $86 RN 151 TH 8 85.508 825 77 being ter x dered the hallo immediately Carriea A. Piddington. sec- G. Durnford. that t one ballot in faver of g pers as Dire MONTAGU ALLAN, JONATHAN HODGSON, THOMAS LONG, F. SMITH HUGH A ALLAN, M. HAYS ALEX. BARNET ORR LEWIS W BLACKWELI! the tors {opted and reported had animous!y cording! rd of Dire ro elected THANKS i by M A Ar "© ks be te tors OTES OF Haig F 4 nd for tha and during th ote of thanks 1 Manager staff fo the past he M: ova they have gworked to of the Bank Genera mouysi ~ar 1ned owing Presider president, Shareholders of the Merchants' Bank | ary of | business up 'to the close of books on. | indications we, factors come into | to the amount. Nicholaieviteh, de Michiel Juke 1s LOD, 201,000 belts, tk Relorm I post MMT 8 ¢ 390 Dress Killed her, masts Mii HE NEWS 0 m ORL | OCCURRFNCES R RECOUNTED IN BRIEF IEF FOKM. | Matters That terest Everybody | ~Notes From All Over-- Little | of Everything Easily Bead, and Remembered Gen. Green Berry {former commissioner aturday Major Arthur 1D Philippine Scouts, { heart disease The rew lalian premio jnounced that Italy wil remain ito 'the triple alliance, Montreal Irishmen Fe the caus wf | the British election \ special tram cight cm Moutreal for the west with Christmas mail this year the output of Canadian heese was 1,600,000 boxes or 1940 tin ahead of last yea Over seen avd a half lars Christmas money ha to Europe by way of New Henry Endaley, Jr, vears old, accidentadly his vrandmothe Chi Ol pensions, Rui. ugo, died on 8 of dropped dead Foster, i of has un loval 1.000 rule subscribed to howe au left Sunday, of on boxes dol nt milion been York Louis, ten shot and Killed Mi J ~1 onepline Payne | he Buffalo rid ted now ha Covinto nie " probably fatally Stites at | wishing Cruse nama. with AL marines, n ordered to sail at once for At and ed, when a tram hut Doandd Gunn, fed as t! vied In ant on, man killed nue wa two girls Pennsylvania passenger VoInGYing \ hie re in dof ult of struck . bv an Toronto Myers, B the « Gunns, lina , ie Injuties su being Yonge street, teamer | A through by Lake Erie Yhe crew wei by tle Mapleton land Port Colborne Fortune gave the Zelava family when a w York Mi halietie Ae In Agibal promis . ? witomo } ile Ih wi cut ou aio, and went down na taker at off and her prod warded YANN dnmage gainst Jela breach of : Fhe extension of ratleoad be befor foumlland will the prineyy tH come the next will MV ens Mon condili Pacligmen Fanuary 20th under Prénger iter a rigid insu 1 Atlanta prise Superintendent told alleged Wilk wal grant M. Vir orture m + h Ja ny Fh report { ma chines and other horrors Frang Roger ran of bullets tre the ed and dropped out of hig nose been graduall working the | Butler evil SIO Vay out tor M oJ railway ist three ven deputy minister and anal who harman gon railw; In on ernment hoard reg the vin nana | 21,000 more xing eive than Chamber himseli adhered to hi that the I he Reform Lea minister Joseph prediction made weeks ago will ecvetary of Tarifi that he expects a 3 t ninety Zinovifi and Svat | union have 100 majority the ue majority Cols agol, of | quartermastoer's | Petersburg, department St ted as resy {of the vetent investigation of the I {partment were are when irregularities involving mare than a million dollars we li overed Fhe Reed fou ferry Be tue nd the wreck of the 0 emer: No which went the «t Dee thirty down orm on mbt with three small spa Divers the bodies Watson, the pretty Iris ouls. There wa | anly the one projecting be sent thoy watery wil do 0 recover Ww and \pped they ham En h bride, ha beyond t the New y tered ha and 'of red the [a have ork he w het upon their few weeks ago, none ul know what has be nesta te Ma en Knox ineered I Ownerless Dec | al plot | Word, Essex, Rue To Be Sold the o London, 20. A ol ground cannot he Romford terda me ib Connell pl ell Apens Accident C Ion sho pre Deal Man 20. Eidwart Hin ures fon ih ected in a ton 100s, terday, lumb for ved fourteen mnbhrmity McMillan, ded gwlty Aired Pern Watch Keeley There Bass it Cardinal, wghtv six ve tand two son | eigen, Call tor any al.. an hes thing at differen Ribby Athens, SCOUT 2 irsday wht yi Harry Fohneton the proprietor of of that place boy ff Boston They the fis 0. was lor a tone the Armstrong hotel, Don't forget hocolates at that Rests, sold Are est chocolates ¢ Bibby 's N new 81 si Bracken w 3 has purchased Bibby 's fur-lined gl the . | Barnett Upset By Cons ira'im| 1 When MONDAY. att aT] It lasts. longer and does more work. Wise housewives buy soap in quantities it makes the best soap--so we use it. and store it on their pantry shelves until it is hard and firm, But we put Taylor's Borax Soap through, an ageing process equal to standing six months in your pantry, So you can use it as soon_as you get ft. a compact, white soap that lathers freely in any kind of water, and the ageing makes it last twice as long as any other soap in Canada, We go 12,000 miley to Ceylon for the we put ito this soap. DECEMBER 20, 19090. Soap Already © Most makers say it 100 | Water, whitens clothes without this, for It is of clean clean. things wholesome and pure. and flannels. cocoanut oil sweet and clean. : No soap could be purer r than expensive, but we find Then we mix it with borax, which softens: hard injury and makes them -» turing the boiling pro- cess we run thousands of gallons water through the soap. 'Thus every impurity is carried away and the soap is absolutely It destroys all odors, kills every germ, and leaves Try it for woolens it won't shrink them --it is a wonderful soap for every houschold use, Try a Cake Today. SENTENCES IMPOSED Said He the Was Plot 1 Autho: e on Darnett, alice employed, and Rows. who wa view, having bed homestead Y orkton Ider wm Sprin th Hohe Aas h fur lined foe or Georg tithba cand dates the Dostor Ma may are Hibbard postmaster Distressing Indiges 'ion, Stomach Gas, Palpitation, Constant Headaches. Rubbed t Beauty Strength, Suffering Lassitude Inertness Genera Ill Health Dr. Hamilton s Pills Cured. th o and From and and i with ' 154 wistaction able 4giirelate how T wa Head onsiant tire da thie for 'm My. ay thin y busine Wnt Iw and he raed] nh vandioed 1 iptions w» tone up m Han ul Hamilton [ALE RN f tarh int THE REAL TEST Of Herpicidg is Thoro I hen addy prominent i fats i pure and free from oil © " Sold by leading druggists Send 0c. in stamps for sample to The Her picide Ca. Detroit, Mich. Ons dollar hot guarantend. Geo. W. Mahood special agent ® + fr Heke ret eae TET CREAR AERC Made by John Taylor & Co. Limited Toronto Duct ll Chocolat Another of Cowan's ad tion in chocolate -- a delicious combination._of finest milk chocolate and fresh shelled Truly delightful. In ¥ and ¥ pound cakes. THE COWAN CO. LIMITED. TORONTO . -------------- | ®e FEE R FEEL A A FEF FPR ER FE AR EH ER EERE REE For a Reasonable, Seasonable, Comfortable Gift for Christmas suggest one of these Warm Slippers, Over- Rubbers, Felt Boots, Overgaitersy Mocea- Mine Evening Slippers. THE SAWYER SHOE STORE FEE PEEP TEER EEL RAE LEE SEAR ; | 3 { * | : : ¥ Christmas Gifts AL will bestow pleasure 10 the recipient as well asthe giver : A big solid Oak lmitation Leather Roe ker, only $6.50; Fancy Rattan Recep | tion Chair or Rocker, only $3.50; Fancy Silk Parlor Chair oi Rocker, | $5.00; Music Cabinets, $1 50: Medi- cine Cabinets, $2.50 ; nets, $7.50 up to $30.00. Sereens, KFasels, Setts. Re: i)*S, BUY) We shoes . Sins, t+ Fn "Ae EWS OF INTEREST TO CHRISTMAS SHOPPERS Also line | Children's Toy - ARLY TORE PHONE 1 OPEN 147 NIGHTS EE EE Quality Cannot Be Ganong's Chocolates Moir"s Chocolates Webb's Chocolates Stewar"s Chocolates Cadbury s Chocolates i 1b Cadbury's. Opera Chocolates for $1.40 A.d.REES, 166 Princess St Phone 53 "4 * FERRER FEE pd ® » - ® » Box AFA EAA Ard REE Sanaa mess CS SSSR SEE SE ETERS SS SE seERERARTARRTRSRRtSRRSSYTRRSYS. TN ryt { Solder, Plumbers' Wiping and Bar, Tinsmith § and Electrical Wire Solder, The Canada Métal Co., Ltd. Toronto, Can. Kitchen Cab--+= A Holiday Gift That your would be appreciated wife or daughter would be of our BEAUTIFUL Hue FORNITUREL We are diving a spacial discount next month As this line of goods value as time by them by "w ANTI "Xuma on all our goods for the increases you will your other in do money uscldas articles Call in and see our stock L. LESSES. wr. Princess apd Chatham Kingston, Ont. well investing instead of HIGHEST GRADES GASOLINE, COAL OIL, LUBRICATING OILS, FLOOR OIL, GREASE, ETO. PROMPT DELIVERY. W. F. KELLY Toye's Building, Clarence and Ontario Streeu f S444 0020044080444 KINGSTON BUSINESS COLLEGE . (LIMITED) HEAD OF QUEEN STRERI 'Highest Education at Lowest Cost" ° year Fall Torm dtl. Courses' in < Bookkeeping Shorthand Tole 4 graphy, Civil Service and English Our graduates get the best pos - tions. Within a time over sixty secured po with one of the largese curpora- tions in Canada. Enter any time Slot mating %, Principal vv yo Twenty-Sixth begins August short iLions railway Call H, write or F. BI ee 4 « " a += TET ew YW YS Bellflowers, Snows, Sweets, Northern Spies. Sweet Cider Coast Sealed Oysters D. COUPER'S, 241-8 Princess Bt. Fromm Dutiveryy Tallman > Phone, 78; tr The kind you are * the kind we sell SCRANTON Coal is good cos! and we guar- antes prompt delivery, 'Phone, 123. J _ Booth & Co., FOOT WEST STREET. looking for ls A Wallace ®& Parks Florists, "Phone, 239. For "Xmas large stock of Plants, ' Cutflowers, ly, Mistletoe, Wreathing, ete. Order early and get first choice. OUR ROOS1ER. BRAND OF 10BACCO Spoking and Chewing = fort; cork a ou i= & tn ty-five oe Aa heal i Ontario street;