Kawartha Lakes Public Library Digital Archive

Lindsay Weekly Post (1898), 14 Sep 1906, p. 12

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One 60 h. p. Inglis Boiler. and one 40 h. p. Engine.Both ugoadasnow. BOMR AND ENGINE Screen Doors Step Ladders Washing Heehlnes Curtain Stretcher: McLennan 00. MnL’ennan Mu. Garden Tools Fence Wire Poultry Netting Bonnet-3' Hardware mutuality, XOIMI. ”OI-AID- A. GULIBN SflNS. Can be had atawaydown ‘l'lnwu-e _ Chums Paints 011: ~ thhes “ Prlsm ” 'lixed Paint Mm Coal and Iron. must always be on hand. How about need replenishing? If so all on us and Bring Your Guamâ€"Our s temst them whether they wish to buy or n you are bound to entertain more 0 To do this properly} plentiful supply FOR SALE. IF YOU KEEP HOUSE BRITTON BROS., Jewelers Lindsay Street Budge. cranium mung um, Foot of Kent-st.» CANCELSDUSHARBS INQUIRY INTO HOME LIFE How President Gordon of Non- arch Dealt With Mr. Ostrom. Merging of the Home Life and the P00- ple’s Life Compunies and How It Was Doneâ€"Mr. McCutchaon Paid S”,- 90 and $25 Per Share For 1,164 Share: to Managcr and Presi- dent of the Home Life. a’l‘oronto, Sept. 7.â€"'rhe examination of the Monarch Life Insurance Co. was concluded yesterday morning. D. A. Gordon. M. P. of Wallaceburg, was the last witness called. David A. Mc- Cutcheon, manager at the Home Life, was put in the box to give an account of the merger ot the People's Life, with the Home Life one year ago. J. R. Stratton at the Home Lite was present. and J. McLaughlin of Lindsay appear- ed for the company. 7 - n A..- w .v; “v v'm,w_, President D. A. Gordon of the Monarch was examined briefly by Mr. Tilley. Mr. Gordon succeeded Eon. Jamel Codn-ano as head at the Man- lA‘. arch me. He was acquainted with the transaction prepared by Manager Ostrom in reference to the transfer of 1.400 dares. but gave no instructions n_._.-S to Ostrom nor was any “new; Prior to leaving for Winni- specified. peg Ostmm wisped to gel} one hundred caution toukmmit'thesewmm own. and Ostrom canned him they were. He signed two certificates for fifty shares each. and four for twenty and one for ten before he found out these were part of the 1.400 shores. in accordance with his promise to the di- rectors at Winnipeg witness cancelled Ely-gibvshmsâ€"i -_ that - h'e explained to them were signed by mistake. -,_ - A fid-‘ "fieâ€"Eeeuhé‘ on the 9th at August was called with the president’s ap- proval. A bylaw was passed moving the head oflice to Toronto. On Aug. 31 witness wired Ostrom to have meet- ing called Immediately to resdnd that bylaw. Mr. Gordon wanted the bylaw repealed and understood it would be "peeled. __ _ .- . W6. 1â€"11â€"1171â€"n3thhsve '81!” to think about them." replied witness. “hthooalottho company hare?" “Ht.“ you made my draft tom of tho IA yourself?” Our Souvenir Goods -v "V rWitngss was unaware that the 1.400 shares had been issued to 03mm until (be evidence came out. » Mr. Outs-om Ruined. Manger Oeu'oln was recalled. “pm you bring the stock certifi- cates?” naked Er. Tiney. “Yes and I here not. been able to hy my hands on 1: since.” “Ha I: been dent-eyed?” “Not on my part." Mr. Oetrom wished to uk questions. but Mr. Tmey told him he could make e mtement. He wanted to know why other commie. longer in the field had not been examined. The newspapers had made many eme- mente the: were not true. "Probably other: have also.” said Mr Tilley. ‘Not on my part 3nd not on the put at any member or our comm? has anything that I: not «rug bean said intonuonuly," was Mr. Osbourn retort. 7 .. can. ‘ VH2. Citron: assured him tint eve?! single aha-chokin- knew he was to [at 849,000 01 paid up stock and 81.000 in The Home Lib. Mr. MeCntcheon or the Home L110 took the mad at 11.30. no in: been manager since Oct. 12. 1905. the «to of the merger or the People’s Lite ad the Home Life. Prhr to that we witness was mumm- of the People'- we. tor tour or five months; comm tram the Fedora 0! amazon, what. a. 1n.- aumflntgndent 93 Mg‘ fir. or less during the holidays. not your stock? Does it made my couch for the at tho mat with -The examination will in- 5:174:6an m: mu m sumo the fitment of t Life, by pretax-meat. u the the pnsidem. Hon. Mr. Stu Hr. HoCntcheon reached 35,000 per snmun end communion at five pot cent. of the increased interest per an- num from the Pooplu’ Life. To show the condition of Peoplds at thtt time. In Tm” Md I. std:- ment. This showed fill»! the improve- 000. The result wt! very Wat. in: to people connected with the com- pany. and it was this feature thst brought on the Mutilation. Hence the witness‘ suggestion the: the busi- ness be retnsnred. was csuied out. Witness did not carry out the nego- tiations, however. J. 1. Warren. sou- citor for People's. put the deal through. Where the New Game From. Witness had paid 880.000 cash and 825 per share for 1.164 shares to Messrs. W. J. Patteson and J. First- hrook, the cash payment representing the value of their contract as manager and permanent president of the Home Life. “Mr. smtton wanted the money.“ “Did the People's Life advance to the buyers of the stock anything to m to; their shares?" V'mns-u “The question of the propriety of such a transaction m not a hy-zzonrselt and Strattonf‘ o.” “and they any power under m to lead on m. insurance stock?" "Our solicitor thought no. I didn‘t know.” “Was this 1,164 ghee: stock upon which 20 per cent. can and 25 per cent. premium had been paid?" ‘ “Where did you raise the money to pay to: these shares ?" asked Mr. Tilley. “From the Peoolo‘s Lite." n2. umy reu a. men: pm ed by Mr. McLaughlin. showing the disposition of. the ‘shnres. “You were not acting in trust for any particular individual?" Warren.” ton stock now? Whittle-s we the People's Lite on- ed it, although it was mm. name. I: were was a 10:: he would have to stand the loss. El. Oifieing cross-minim witness ad- mitted he bought them to:- Mr. 8m:- “Isn’t it": not that Hr. Straiton was using your name and position for the purpose of carrying it through?” “Fitness evaded the question. Five hundred shares were sold at the same price as witness had paid the Home Life. stock on 25?" -‘nv' “Was the 880.000 loaned to. you or to you through Mr. Stratton by the Peo- ple's Lire?" ‘ “I don’t know." “Were you any party to the dis- cussion with Patteaon when 380,000 was amt! as the price?" “I don't know.” “Whatwu oneredbymtt W?" "I don’t know.” ‘ Every director of the Home 1110 had resigned and was rappolnud 01' 30‘ reappdnted. W'Itneu did not knot whether the directors ”calves! any part of tho 880.000. 'Dld the directors of. the Home me appreciate that the five Der 083‘- 0! the maul premiums up t0 311-0“ were to provide security 10? 3” 880.000?” Reva-tin: to the responsibility {or the 880,000 to the People': “to by Ir. necmcheon. witness and the; ye an assigned these to Mr. Sta-anon. The document will be furnished. -. ,A AL- Mr. HoCuteheon stated that the Citizen: Lite had also been taken over by the Bone Life. The price paid by the Home Lite for the business of the People’s Life was the amount or one year’s premium or 100 per cent. Mr. Tllley dissected the transfer carefully. A Difierenee. Mr. Tllley read a telegram from wit- ness to the Insurance Department to the eflect that on Dec. 81. 1906. the People’s Lite had 1,547 policies in force and a total business or! 8168.079. The transfer. however. was put in as 81.- 672.000. Mr. Tllley wanted to know where the $900,000 had “posted to. Mr. Keiley. the secretary. said that it was lapsed policies for 1305 that had not been written 01!. Counsel used up considerahle tune in tracing certain cheques which were put through by the People‘s Lite at the end or the year. one for ”.701 and the other 815.0“. as an asset. but not paid until the middle of Januaxy. m were explained by the secretary, who said that they wens treated as an asset in the annual statement. almond: not really paid to! three ‘wedg‘ A A‘Iâ€" luv. ‘vâ€"I' 'â€"â€"_ _â€"v Cami-loan In}? m to 1111! mode a . acuon of mine. ’11- whole action was I. more nutter of (om. 1nd Ono Life Lou by Uptown. of Cam In Swallow Rivor. Victoria. 8. 0.. Sept. “laâ€"Heavy ulna are causing floods on Vucoum II- The down-pour wee unpreceaenwu. and at least one life woe lost. while several other: had mow escapee. At Otter Point. the tetelity occur- red. while two men were attempting to cross the ewollen Gondon River. Their oenoe overturned_ on the bu. and Cherie: Kellum was drowned. Con-Moe Chet-lion. the other occu- nwe hours manned expo-ed to the bombardment of the elements. He we: rescued by «retainers e! the Melooim Cumin: Commie! hep. Buil For Two Prim Toronto. Sept. 7.â€"Jud¢o Anglia yu- terday granted ball for Newton um Con atom-house of St. Thomas. chm- ed with attempted murder at the child of Con Btonehouu on Ant. 8:. Thou- 3am Mc'rmsh: Who cm the “Where did the money come “I don't know.” “What would Pattmn‘pave 39 pay :- 'fiXâ€"sfishares that he sold you? “125." “NO." he “What did dinâ€"5:} Ee‘lgiiéthood at $109,000." “Wu Flutbrook a. partner m the FLOODS AT VANCOUVER. T3 Messrs. Kan. moon!» ml im the 330.0002- ukea conn- Price of the Stock. the limit“ for less than . 1 at. Thomas. chm- d murder at the child In on Aug. :8. Thou m much. an! two Im- was unprecedented. m. we; lost. wk“. “Wu It any asked anxiously. head. “The day tom went out when the cum to work," he said. “The nigh force stopped work about 2 o’cloc this morning." 7i told Raymond that 1 would no: have him about the works again.” said the old man bitterly. “Have you broken your pledge?" -717 hive n'ot Jean him zlnce that night.” She declared. “but I do think he could do you so much gooq,_tatheg:" When the big contract had come. there had been much jubilation. It was not done that the completion of thecomnctmenntnlargesnmot money; It was the work that the suc- cessful termination of this job would hm . Then Ted Raymond. head drafts- mn 1n the pattern room, had asked for Nettie’s hand and had been re- Med her father’s consent. He had been dismissed. and since then every- thing had seemed to go wrong. Thaehndbeennltrlkeotthework- mnnndwhenthestrlkershadbeen Ellloon pushed her aside with gentle roughness and posed on up the walk. Nettie looked after him for a moment, then, with a slgh, followed the bowed figure lnto the house. “Don’t you think th help?" she pleaded. “1 men so well." replaced with new men the newcom- ers had refused to remain in the plant. Raymond always had n good influence over the men, and Nettle felt certain that he would be able to adjust mt- ters. but she had given her pledge not even to speak to him, and she could not nrgahlmtomkeupthowork. .. ",AA'- .__ “fiJhu that :3th and Nettie was «1 In" been thinklnx over wlnt 1°“ M» he began without preface u the mtedlmntoachur. “Idonotmt to buck my word. but theolutc min Watchman. unmade“ mmurwormompemmrflmm men I will an back what I add Ind :ccepthlm u my oon-ln-lur. Will you send him to me In the will?" ,g- “Udell x can obtain : permanent tumbythoendottboweek." hound. “It will be impossible to complete thin contract In time." _ _ .- ,L, The next day there was consternation in the strikers' camp. The pickets x» ported that Ted had been made super- intendent ot the works. They liked him. but also they (cared him. That night sue Ted his hat view or the specter. He renamed with the night shift. and shortly after midnight there m e cry or new in the you. tndhemnhedonttonndthemenul eta-in: at the hue altogether. There in the twirling wreaths of smoke floated the dead wheel‘s im- ue. Once or twice the nectar un- â€"fiii:on went atvay comforted. Apart tron) want no tonne-o mo mmn. he liked the man with his clean out in- cisivo manner and quick comprehen- sion. Somehow he felt that heroin lay his solution. -- JIM an. a only m” muted. "M can do w" better todty?” the Her tamer shook his that Ted con! “He knows th wmwtodltovet. mummmmon- MWVthmeonln “nuts rlxht." dochrod the lads. “We can’t mm It.” ' “nun: you an hold out through the afternoon?" he asked. “We no going to gin n llttle ghost party tonight. Keep at it until knock-o! timo‘comes.‘ and the two nhlftn wlll have supper together. “Won’t that ghost be around to- night?” demanded the lender suspi- ciously. “It may be all foolishness. but you saw it yourself lest night." “I hope to again this evening." he said. “That is where the fun will come. Like to be a ghost yourself to- night?” Something in Ted's manner can- vinced the committee. The members went out into the yard and advised I return to work. All the ntternoon thete m an evident dislike of going into dark corners alone. end the engi- neer diluted every time the draft made the turnace roux, but they on stucktothework andeheredinthe party et 6 o'clock. “Itwiiihedarkenoughby9to have the petty." declared med. “When the whistle hiows come into the 11rd and don‘t be afraid.” Dion-let Attorney Boys Loom-u Amount: to Philodelphin. Sept. 7.â€"â€"'l‘he harm in the Reel Estate Trust Co. wee at Adolph Ben}, the promoter; Treasur- er William P. North and M. 8. Collins- wood. the misunt counter. was held yesterday. They were held for trigl. Seal cloims thot he will prove his in- nocence; that he he: property nined at $10,000,000 and tint ell his ddits will be peld. District Attorney Bell aid he would prove that the accused men, with Hip- ple, were engaged in a. gig-mic eon. spiracy to den-end the trust company. and thot more thnn $5,000,000 had been obstructed from the institution nd embezzled for the use of one man-â€" Adolph Bezel. F'. Wharton Hippie, the son of the suicide president of the but company. identified the handwritingog the up â€" _ ‘1- “Boys," he said in a voice that pene- trated every part of the yard. “I prom- ised you that I would lay that ghost. I think I have done so. It was‘a clever stage trick. The strikers are using Jones’ hall across the street for their meetings. You can see that the tower is about level with the stack. When trail coal was put on and the smoke washeavyltacteduascreentora magic lanterntnthetower. Thatwu all there was to it. When they went uptoworkthe lantern tonightlm thepqucemmtocatchthemmdm! own man worked the lantern tor thil the! Ho 5 § 3 a 9 S SEGAL AND HIPPLE CONSPIRED. fidégioommthehomendht" ourmeelebraaon,"how Lumhomn An Heavy 8W Mill. Shut Down. Ottawa. Sept. 7.â€"Om to the my low nu: ln the Ottun. the 1m in: Interest: no suffering much. The water ll unprecedently low ad a Burke-bury the mm: m com- nlntdy abut down. 600 men being on The water is an?“ 3: Rama-bur! the pint” that down. 0 at work. Eddy's lave in night. and J. 3. 31 mm mm. '1‘!!! finding mvmuon Fall. Under Moving Train. Benevme. Sept. lâ€"A possibly accident occurred st neuron! team nttemoon. A mun I Joyce tried to bond ; moving ad and his lo: cut 01!. He wu< OTTAWA RIVER VERY LOW. t'lll Chlthun Sui-bar Raid“- Hlpplc'n Confusion. n m mu: do": It a reduced his nor: a. Ibo clinician. iron Pipe! and cut -ll’0ll cylinders is past” What you want when you by I I"q mph-swim: m P‘Pfumqlindaud stcdrods,whlcld°‘ GOOD PUMPS Out pended mu, Mr. J. Dennis. looks epdn, end we cu guarantee satisfaction. Mail «den receive prompt attention. WWWWWW““W g OAKWOOD. SY Lvris'rsn M’F’G 00 GENUINE mural]: in use for over The Kind You Have Always Bought W. H. CRESSWELL, p! m neither Opium, Morphine nor (1 sumac. Its age is its guarantee. It d. and Inlays Feverlshnas. It cures Diurrh Colic. It relieves Teething Troubles, cure ad Macy. It mm the Food, Fall Goods are coming in and we have spedsl values to offer in Wrapperette gt 10c and 12 1-2:. PASCOE BROS. Men's Suit Lengths in Tweeds and Worsteds. $3.00 to $10 00 3 Suit. Men's Pant Lengths in Tweeds and Worsteds from ”.75 to $3.00 per pair. Highest market Price Paid for Butter and Eggs PASCOE BROS-a General Merchants, Oakwood. Ton departments always kept well assorted. What is «CASTORIA In Use For Over 30 Years. 7" m- m. 7! WV WY. ”mmmmmm Mubomthesim 0‘ m” “whammadennderhnm % “supervision since its infancy. Mm) one to deceive you in this. W and “Jun-3980011” are but at“, tile with and endanger the health of Mm against nxmmem. DRY GOODS TAILORIN G e u mama-same. It (10511 m It cures Diarrlum Teething Troubles, cures ( It W the Food, 11 V .INDHAY wmhn-tt m flle Food, regulates n. 1" healthy and natural sleep. the W8 Friend. Pianos, argans uni Sewing Matching A]! m and mterial said an. Bdngtnowfimonrm Muddmodem design. 3 no. and utilisation our motto. lllTAfllfl MARBLE WEEKS. Oflce and Shop 147 K Cresswell and Jordan, Neuly opposite W. W. J 0RD“. I! Kentâ€"It

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