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..;3..;51WWW LINDSAY. THURSDA Iâ€"nâ€"np. , FEBRUARY 15th. 1900. The Victoria Loan C 7 3 o L: I I 1.1- . .- . , 6c . . _ _ ,1 1 . - ‘ ya. g... ., * In 00 s 3- ' . 6: ISavmgs Company 51~ . ” . B 1121‘ h . . ’ 3? 533‘ 1 d ' took i ‘ A. n g L“, v' , . '\ I . are here and p ace 1 S :4 ~ , «, The Annual Fleeting held on Tuesday I. .6 3 W i \ Afternoon, Feb. 6th. L 1 . , BLACK DRESS (Icons : y . 4 . - 1 E. 5 38 . 3 5“ d J ' ,: _. , ., . Most Satisfactory Report Showing Continued Pros- 219 Pflphns mm . [l . [Jill y i i ’ , . r" ’ perity and Increase of Business. 3 .1? {,0 ' ° The annual meeting of the Company was held at its offices. 75 Kent-st., Lindsay, , , .o 91 . - on Feb. 6th, at 4 o'clock. There were present the President, John Magwood, Secretary {,4 06 fins [0“] E D e I James Low, and Messrs. Wm. Flavelle, R. J. McLaughlin, H. J. Lytle, F. C. Taylor, '34 ll) ' ' W. H. Stevens, W. H. Clarke, M.D., Rev. N. Hill, C. Chittick, S. Armour, James Smith, â€"â€"_â€"- ' RG3 C. H. Marsh, D. McDougall and P. G. Burgess. Q 41 I Those words describe the articles laundered The meeting opened with the President in the chair. The following financial 40 00 nm E n E[ at the statement and directors’ report were read by the Secretary, who also gave an itemized \ I I """ ' explanation of the expenses for the year : .7 13 ' L d - Fl " 3 1: 51 ‘ F I 8 mm] 5“ 8 ll] $1 [m El d Llndsay Steam film W NANCIAL STATEMENT AND AUDITOR: REPORT I Blléa ll] ' I Assets and Liabilities. Starched goods finished pliable and with the ASSETS 3 10 54 COLORED DRESS GOODS : . highest polish. No “ids used. Loans on real estate, mortgages, etc .......... . .............. $ 175,169 34 . % __ Office furniture and supplies ................................ . 753 93 Cash on hand .......................................... . ..... 491 36 875 » BlfladClflth lllllll 508 m , , LIABILITIES. '. \ I Authorized capital, $300,000.00 ........................ . ...... 3 1. 65 Subscribed capital. $137,000.00. ............................ . ‘ r {5 _ Capital stock paid up. . . .. ................................... 8 101,736 59 - , B _ Reserve fund ............................................... . 1,800 00 Q 10 60 Ml va‘ULHS [0m B U | Dividend No. S, payable Jan. 19CO ............................ 2,5l3 95 ’5‘ '1‘) 46 De osit ....................................................... 54,844 21 0_ 24 68 m A F M 0 RG De entures ................................................. . 8,862 00 e.) .1 99 . S I Kill ' ' Ontario Bank ................................................ 6,657 258 .x. PI 88 Will [I 0 ' 77"â€" 7â€" ,- p _ I I , \ .1. .7. , s 176,414 63 17am 65‘ :01. 0 ‘6 1 U E i ‘1 1' ' ‘ .. ‘ib’ ,.\ ’; Agency loans ................................................ 21,177 14 3 £11177 14) 8:) 3 07 , n f $1 U“ m $1 5“ ,_... QR. $ 197,591 77 $197,591 77 I) J 0‘ illllleSlJllllS mill ‘ I l ' ‘ ’ I ' " H Profit and Loss Account. ~3 5 19 s , . DR. Ail our Muslims 301d Prints {are the 9’09“ styles 'I‘o Pividend Nos. 7 and s .............. 3 5.016 10 urin S or I 00. To )alaiice ex enses ................. . ........................ 1,347 "- +10 3.1 22 and CO 0 g 9 To office furIIiiui'e, etc ...................................... . ‘26 (if) '4 :3 30 - WWW To balance profit. . . . . . .. ...................................... 846 91 CR. -3 323 .2 . "CLO-IlllNG DEPHRTMENT" By Interc.<t ............................................ __ s: .20. 3s l4 11792 - - ’ ’ "’2- ,‘ "2-” Ti 4711 "ye are clearing out all Winter Lines of Men 5 and Boys _ 3 ‘i 6‘ 3‘ $ ‘i 6‘ 3b 7") 36 04 no: w'o'e b7--I<*°d Suits, Overcoats, Pea Jackets, Ulsters, and all To the President and I'ircctors of the Victoria Loan and Savings Company : 1: 2' 2 vww'r' W“ W . ‘5 ii (:1 - V 15:35 :1” Underwear at reduced prices. .i 97 3'12 1‘ '1 O’tugh iii Meliitlre l Paying Investment The Man Who Buys a Suit or Overcoat here always gets the w0rth of every cent he puts into it. i 35 0 Si 7’ t ‘ I§2€tjé “K : §l l % ES 5 E g . Whatever his order includes, he gets the ILL}? ‘ V finest goods, the best style, with linings, 7â€" if) 8: trimmings, and workmanship of the high- :5) .4 9f; ‘ , . est order. ‘5 U. 00 That’s why we call it a paying investment. .2 v 4 . ‘. . .‘ . Albert 1". Morgan, ctoria, as directed ‘ Fourteenth dill above mentioned ‘ ctively. as above; We“ ., SELLING EXTRHORDINHRY ! MY TAILOR. 3 doors east of Post Office, South side Kent-st, of Victoria. 85 oruary, A.D. 19mâ€" ‘ IATCHETT County “T '4: "" ' . ber loch, L399} A Clearing Sale of Winter Millinery, Capes, Coats, Mantles and Dress Goods will begin at MISS MIT- CHELL’S on FRIDAY. These goods are all new and up-to-date. The prices have been reduced to suit the season. Ribbons, Silks, Veivets and Fringes of of sorts in great profusion. “-â€" l STUEK [ll HJHS BUUGHT NUT TU KEEP f Lam UVEB BUT ll] Bl Sill] Al BNEE. “n The sale will be continued for fourflweeks. iss Mitchell, Over Campbell’s GrOcery:Store v , I. SA ‘7 . We bought part of a stock-on-hand of a dependable Farrier at a L'RTII TO NEARLY A HALF off regular prices. He was in a W 59 attend the Fur Sales in Europe and wanted to realize at once. LLV knew it was late, but had confidence that the peoplewould back us ‘11 our venture, as prices were so low as to warrant their appreCIation. The Man This is an invitation to share some g0°d fortune. We COUId make Behind the Shears 33' by holding these goods, for Furs are advancing in price, but we It’s he who gives the style sued by the 1131‘“ ted by the 0° ‘” , but}, and to me’ . of land, for the 4'": as the said taxes ‘ “x pruar‘v, 1900, at the indsaV, proceed w v be Sufficient 10"" I Inhwfinnv‘flm “.9-.. k.iiCLL.L>, ' Kurds“ it over. t ’ Big 5: com!“ ““‘o and “snap” to a garment. wears ‘ 1 .1. .3 3% e l: P r ( )oats . ' - .1 L. >0 9 We know when a garment fits and it never :: 3T 2 g llr Jae 6 ts, u S fS leaves our hands until it does fit.’ 1 '36 2 '~ V . I I F 13 car , We have the right cloths to select from in- i .‘5‘. 3% ur cap erl es ’ u ff eluding English and Scotch goods. . 1' ii 5 ‘ ' f if; :2225 111‘ Gauntlets, F Hr M H S, Consult us before ordering your Suit or i :73 o 25 Overcoat. .u.. 3%: ur Caps, Fur Capes, etc. 1. l . “ 17 i1) 2,3 Th 0d Fursâ€"Well made and up-to-date In Style. J: J x R I C H g :7: ‘2); 3 5‘? . ' ' ' ° ' ey are go _ , t Ck THE NOBBY TAILOR, LITTLE BRITAIN T I}: 322.: ask you to look at our windows and step made and see our 5 o . __ . [I -5 3’? 34.7 will find prices better than anywhere else. , 1 , )3 .30 J 25 ,2 . . 3 no 71.. , S .22 time to buy Furs and save money. ' wrnn , - RINGS ‘ ‘3 a 25 - ‘ MEN’S FURNISHINGS 1:) ii; 2 25 ' " . . In preparation for the coming demand is“ 34 2 92 i , . . . 1 Sale Of we have filled our trays fullâ€"all sizes 51 34 g; be sold at Greatly Reduced Pnces during this SPCCla and patterns. Or we will make a 8‘ 73 f 25 Furs Special Ring for you. any size or shape 3 59 g 25 ~ ‘ ' you like. 4-) - \2 2.. 2 fi . s 99 w “, 3339 CEO. W. BEALL :1 :ft " 9 $9 a a ‘ 15‘ The Old Reliable lewellery I: 69 3 25 ,1; r m st r o n r0 5 . Establishment of Lindsay. $3 2‘ § :3 ~ 11:. - 1-:{0 $9 , ‘ AT SAME mar 153 g; MARRIAGE llllEllSES 1' 60 . . . - ' 2% 53 g; y, ‘ Manufacturing Farmers and Leading Hatters. mos. BEAU-.510!“ 09 2...; . 3s; 33.: .. ~ 96 Kssr STREET. LINDSAY l r. KEG ‘ Giâ€":.\'TI.E.\II:.\',â€"-\Ve havemade a careful audit of the books of your Company for the year ending Dec. 31st, 12:99, and hereby certify that the accompanying statement shows the true financial pOsition of the Company at that date. The securities have been inspected and compared with ledger accounts and found D. EAGLESON, C..i.,i . . R. McCAlTLEY, Imam” ‘ to agree therewith. Lindsay, January 25th, 1900. A statement by the President. showing the steady and substantial progress of the Company during the past year, was also read, and showed the yearly Increase of assets since incorporation : At the close of 1896 assets were ....................... . ........ 851.345 00 At the close of 1897 assets were ........................... . . . . . 94,562 00 At the c10se of 1898 assets were ........................... .....150,195 00 At the c10se of 1899 assets were ................................ 197,591 00 A letter from Auditor Eagleson was read, stating that he had never found the books of any financial institution which he had audited kept in a more accurate and neat manner than were the books of the Company. DISCUSSION UPON THE REPORT. Upon the adoption of the report, discussion was opened by Mr. F. C. Taylor. who dwelt upon the satisfactory nature of the report for the past year. and particularly upon the careful and economical Imanagement, and said thatas the business of the Company was well under way on a sound basis, its operations might well be conducted ona larger scale without much increased expense. He also dwelt u on the means afforded by the Company for safe investment on deposit. or by the de ntures of the Company. The discussion was taken up I’M Rev. N. Hill. Mr. R. J. McLaughlin, Mr. \Vm. Flavclle, Mr. H. J. Lytle. Rev. C. I. arsli, and Mr. \V. H. Stevens, all express- ing satisfaction with the results of the past year, and dwelling upon the splendid means afforded by the Company for deposit of savings and investments in debentures. In the course of his remarks Mr. McLaughlin said : “ VFe have a good beginning, a first-class system and a good foundation well laid. and the business is being done in the most careful and economical manner so as to yield the best results. There are no lands in the hands of the Company, no out-standin * debts unpaid. and no loans in bad shape or upon which it is necessary to take procee ings. There is no better centre in Ontario fora mortgage business; the territory is large enough to do a good busmess of from one to two millions, and by the united efforts of the shareholders and directors, the business of the Company can be extended far beyond its present limits. The true policy of the Company is the organization and Investment of local capital. \Ve can speak with confidence of the security afforded b ' our Company for _depos1tors and debenture holders. Out of 80 loan companies doing iusmess In the Province of Ontario. in only one (the Farmers" Loan and Savings Co.) have the deposflors ever lost, and in that case the loss was only a small percentage on the dollar. The history of bank deposits has not been so satisfactory. There has been more money .lost by private parties lending money on mortgage in the County of \ ictoria alone during the last lo years than has been lost by depositors in mortgage companies In the whole Province of Ontario during fifty years. ' Mr. Flavelle, in dwelling upon theouestion of investment in debentures and on deposit, said : “ The people in this locality have not yet been educated fully to appre- ciate the investments oilcred by a Mortgage Company of this kind. In the western towns and cities where such companies have been. organized for alength of time the people have come to understand and apprccnite the lllVCSfilll'e‘lltS which they offer, and they have a very large local support. In the City of St. lhomas there are five such companies, two in the town of Woodstock, and so on in the diilcreut centres, because the people understand fully the security allorded by such companies. There is no doubt about the field which our Company has. We have not the expenses which the lar or city companies have, and our investments are made right at hand. I am satis- fie that there is "0 safer SEBCgrity for investing money than in debentures or on deposit with a company such as this. Rev. C. H. Marsh also congratulated the management on the splendid rc ort for the year and the addition to the reserve. He stated that he had never un erstood until recently the security and safety offered by the investments of the Company. ' Rev. N. Hill expressed surprise at the small expense for the year, and intimated that it augured well for the future economical management of the Company. Compared with other companies it was most favorable. He was highly pleased with the report. ELECTION OF OFFICERS. The following were re-elected directors for a eriod of two years : Messrs J. MagWOOd- W. H. Clarke, M.D., W. H. Stevens, V . M. Flavelle, R. J. McLaughlin. The 3 with the followmg, constitute the Board for the current year, viz : Messrs. H. J. Lytie. C. Chittick, S. Armour, J. W. Ray, M.D., and Rev. N. Hill. Messrs. D. Eagleson and R. McCauley ,were re-appomted Auditors. A Vote of thanks was giventlie Manager and Secretary for the satisfactory and efficient manner in which the busmess of the past year had been conducted. Mr. Magwood, in acknowledging the vote of thanks, stated to the shareholders that 1,01,11,11 been urging upon the directors from year to year the advisabilit the office of President and Manager and thereby giving additional strengt and divided responsibility. Up to the present year he had not succeeded, but this year he hoped, they would accede to his wishes, It was stated to the shareholders by another director that the matter had been dis- cussed. and it had been decided to tender the office of President to Mr Wm. Flavelle, who had consented to accept the same and take a more active interest in the manage- ment 0 Director. . At 9, meeting of the Directors,_held immediately at the close of the annual meet- thc following officers were appomtcd for the current year: ing, -.- MR. W. M. FLAVELLE, . . : President ..r~«-“ W. Ho CLARKE, M.D., a a I Vice'PreSident MR. J. MAGWOOD, - . - Managing Director 1m. JAMES LOW. O I D - Secretary of dividing f the Company. Mr. Magwood continuing to occupy the position of Managing _-~â€"~ _ 75 Cents per annum POULTRY FOB EN GLAND Mr. John Hart Talks of His Trip over with Turkeys. 1â€"â€" THE BIRDS GOT THERE 30,000 STRONGâ€" AND IN GOOD CONDITIONâ€"BETTER FOWL THAN LAST YEARâ€"BUT ROOM FOR BIG IMPROVEMENT-MARKET DEPENDS 0N FEEDINGâ€"AN EXCIT- ING RETURN TRIP On December 6th John Hart got on board the Str. Monterey for his second trip to the English markets, in charge of the Dundas 8: Fiavelle company's con- signment of turkeys. These fowls went through the slaughtering process at the skating rink, during the three preceding weeks. This event was the occasion of a good deal of interest among the people of this town and considerable feathery adorn- ment of masculine headgear on the streets for several days. That however was a time chiefly concerning the turkeys, and although it is not known that they held any extreme views on loyalty it is certain that 30,000 of them lay down their lives for England. These were all “in at the death,” as Mr. Kipling would say. Last week Mr. Hart came back and since then we have been able to have a short inter- view with him in which he spoke of the leading points in the export poultry trade. "How did your shipment come through this year 1" was asked. “ First-class,’ replied Mr. Hart. “We have the system of killing, packing and shippingr at about its perfection. There were no complaints on that score. Differ- ent dealers said we had conformed to directions in every respect. After all our birds were not first-class. The whole trouble was that they were not fed as well as they should have been for the English market. Last year we felt that farmers should give more attention to feeding, and sent out circulars giving directions and a. statement of the result:- in prices if these directions were followed. These did some good. This year was an improvement on last, but there is plenty of room for im- provement.” "How do they feed in other countries ?" “Well, take France for instance. There they let the turkeys run on the stubble for a time in the fall. They pick up a good deal of grain that way. A few weeks be- fore killing time they are put into an en- closure and carefully finished." “What is the idea of putting them in the enclosure?” “50 they will not run about so much. They are very active birds and it is im- possrble to fatten them when at large. Then the flesh and sinews get very hard with exercise and the fowl are not fit to eat. The English people don’t care for athletes on the dinner table. Then they give them special feeding in the enclosure and finish them up tender and plump. That is the sort of feeding that gets a price. Take a bird that weighs 10 pounds. It will bring here say 6 cents; fatten it to 13 and it will be worth 6.5,. There you have a gain of 3 pounds in weight and half a cent a pound in price. The turkey might as well bring that much more as not. The fact is the future of the export poultry trade is in the hands of the farm- ers who feed the poultry. The English- man wants a good fat turkey for Christ- mas no odds what it costs.” “Do farmers feed these well-finished birds in other countries I" “Yes, in most instances. Of course there are some poultry farms, but gener' ally the farmers raise poultry as here. But they do it in a systematic way, the same as the] grow hons or any other stock. The young birds bring a better price than the old ones.” “What about your trip home?" “We had an anxious time. I was to have come by the Lake Huron of the Elder- Dempster line, but her engines were dis- abled and since the company had to bring the mails they ordered the Ashanti to sail from Bristol. This vessel had not time to complete taking on her cargo, and when we struck heavy head winds we were at their mercy. Some days we only made about two knots per hour and if the walkâ€" ing had been better we should have arrrived ahead of the ship. However, there was no great danger and we arrived at Halifax safely, but a few davs ia‘e." Mr. Hart looks well after his trip and is enthusiastic over the prospects of Cana- dian produce in the English market. ”True Enough The Catholic Record : The Bishop of Clonfert, Most Rev. Dr. Healy, is out witha scathing denunciation of the Irish party. He says that if seventy or eighty boys were brought in off the streets they would be just as good, and perhaps do more than the present party; and that there never Would be any good done until a clean sweep was made of the lot. That opinion In gaining ground daily. We do not for one moment venture to express anything but the highest praise for some of the party, such as Dillon, Blake, stitt and others who have in season and out of neutron, oftimes in unselfish ways de- serving unstinted admiration, advocated the claims of the old land; but we have long since ceased to have aught but oon~ tempt for the breeders of disseusion, who have energetically and systematiciliy thwarted all attempts at uniiy and have succeeded in making the Irish party a thing of no value or weight In Westmin- abet.