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Durham Chronicle (1867), 25 Jan 1906, p. 4

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‘ dow. th ‘Vith regard to who runs the busi- ness we may again mention the clos- being made. History will likely re- peat itself next spring and the Com- pany will have to refuse orders early .Jn the season. Four weeks of good cement weather have now been lost. During that time twenty-fiveor thirty thousand barrels might have been ad- -4)urhann, Jan. 25, 1906 profit uf 3140“)“. and we’ll 8;“ that he will x 01110 to the conciusion that no one but a natmal boxn idiot would evu ser'iuusl) think of giving up the substame and running after the sha- dow. that these fellows are chasing advantages of rock m (-1 mm}. savinor of fuel. ( heap powcl. saving o1 tg-eight on coal consumed, use of mum: ll gas. a. better market point and so on. All these points are good ones. and Would be strong factors m floating stock for a. new mill, but to dismantle a. going we evidentlv now have here accoxding to the demonstrations of 19%, would be pure folly and we do not think that ded to the stock and ready for the early market. The salaries of the bosses and the permanent pets would remain unchanged, but the assets of the Company would be materially in- an honest stockholder can be found who will tolerate the idea for a mo- ment. The mill is now on a paying basis. and with a. proper board of di- rectors. and an obedient set of officials it should pay a handsome little divi- dend every six or twelve months. As it is the officials boss the job and the directors are mere figureheads. down around uuw u zu'ou nu A 111 gram. 7th of Felnnan . and should any meni- . her of the pi esont board he allowed to gixe his masons tor thinking of mov- i ing we have no doubt. he will advocate ; The annual meeting is fixed for the; i during the ye: PLENTY OF MARL 38RHAM CHRONICLE if used in time will prevent catarrh and if faithfully used, will cure even in advanced stages. It quick- ly relieves the congestion and re- stores the inflamed membrane to healthy condition. \Ve guarantee it. MacFarlane (f1 00. Whole system. For a few months now there will be danger of contracting severe colds that may develop into catarrh. Satan-h in its early stages is most uncomfortable and disagreeable, but in its advanced stages it in- fects “the blood and therefore the This preparation is a scientific compond containing reconstruc- tive elements for the human sys- tem. It restores appetite, builds tissue, purifies the blood, strength- ens the nerves and induces the correct action of all the organs of the body. Take it and your strength and energy will return and your weight increase. PRICE 50 CENTS If you feel weak and tired and can just drag around, why not take something to change such a. con- dition? There’s a rrason for your feeling souyour blood is probably thin and your vitality low. You can buy vitality in bottles and 11's called . IRWIN. Editor and Proprietor. Druggists and Booksellers. (Continued from page MacFarlanes’ Catarrh Powder Catarrh Restores Vitality PRICE 25 CENTS Discomfort and Danger IN WILDER’S LAKE ' 'ElI‘ Tonic Elixir 1905 have made a net: The agitation is drawing to a close and the stockholders will soon pro- nounce their verdict. Those who hold stock must see the benefit when they consider that three months ago it was quoted at from 14 to 16 with daily of- fers for sale at from 17 to Zoo. The newspaper quotations now run up as high as 2.3 and 270. with none offered and as a matter of fact to which the writer can furnish proof, stock to-day can not be had for less than 50c. on the dollar. These figures are correct and show azrise of 36c. on the dollar since the agitation began or an increas- ed value in the whole capital stock of $36M"). This. we feel confident, is the undeniable result of newspaper publicity, for the past three. months. Stock should really stand at par now. 1 from the showing made by the mill in 1913. and the satisfactory report 0f: I; we must say they were a determined 7 opposition whom we should never § think of supporting again. Mr. Ratz, . of Parkhill. did not act with such ; violent opposition to the interests of 1 the stockholders as the latter three gentlemen. and when the enquiry and I ; investigation were well under way he gave signs of feeling that there was ;sm*nething wrong. but how he would . act if returned to power is something we are unable to predict. Mr. Cobble- ' dick, of Exeter. was in favor of remo- . ‘ val at the board meetings all along till I ‘ the agitation started. When he. was fwith us he talked loudly about keep- . .‘ ing the mill where it is as long as ma- terial could be found to feed it. Lat- } terly he was apparently straddle of f the fence, and at the present time we i do not pretend to locate him beyond gsaying that he is anxious to get back ion the board of directors and is can- ! vassing for votes. To sum up the i matter regarding the board, Mr. Mc- ' Kechnie is the only man of the present ‘ ‘ board who stayed always and consis- i tantly by his guns and fought for 3 3 what every sensible man believes to be 1 f for the best interests of the Company. ‘ ‘W’e believe there are plenty of good ‘ honest men amongst the shareholders, ‘ ' and we believe, furthermore, that ‘ 1 there should be concerted and central- ‘ éized action on the part of the stock- i' holders to agree before hand on pro- i iper men for the position. \Ve have t ‘reached a crisis in the affairs of the c E Company and whatever ambitions may be entertained by stockholders. f regarding a man’s eligibility we should i all be willing to concede many points of difference and unite in a solid phal- 'I am: for the support of a suitable di- rectorate. were told he was sick in Cleveland, but we refused to believe it. and rather 1 than take an _v chances of being charg- l ed with lying we said nothingabout it. ; Not a moment should now be lost. to I get everything in readiness for the ’ annual meeting of the 7th of February. I Every stockholder who can do so at all conveniently should be present at that meeting. Those who can not be g present should appoint their proxies at I once. giving their right of voting to; l. . ; some good honorable man who will do the right thing to the best of his abili- ty. If proxies have already been given 1 ' to friends of the bosses, they should i be withdrawn at once and others pro- ' 3 perly issued. “'e know for a fact that l some of the old directors are already ‘ soliciting votes to get back on the 1 Board next year. “’e do not wish to I, name persons to put on the Board. but i ‘ we feel that Mr. McKechnie who is 1 now the Treasurer of the Company 3 should here-elected. Mr. McLaren, of t Stratford, has not been present at the e meeting this year on account of illness F and absence from home. 0f him we t have nothing to say. \Vith regard to I; Mr. McKay, of \Voodstock, Mr. Cline, of Seaforth and Mr. Scott. of Listowel, Mr. Farr put in :his resignation at the last meeting of the Board. but the Board, we understand. refused to ac- cept it, and now the news comes that he has accepted a. position at Sand usky. Nobody seems to have known his movements since the mill closed. We creased if the directors had only-i A few suggestive notes may now be enough backbone in them to boss the given for the benefit of the stockhold- business. INot one of the directors to ers who can draw their own inferences this day can explain why Mr. Farr and answer the questions according to closed down the will when all were their own lfiowledge and their own hoping for another month’s run. judgment. Evorvone cordially in is in our midst. and the remarkabia manner. Cc Evangelist Kennedy pastors are preaching wi Munduy. January 29th. wnll be present and will u The Union interest and a Revival Services in Holstei evening this week at 7 30 p m . commencing . In Presbyterian Church. Next week in I? had to leave lam week but. the local With great power and acceptance Next :h. Rev. Thos. Wihon. of Walkerton. 11 remain for some time. invited to be present. A great revival he Holy Spirit’s power is manifest in 3 Come and see. Special music. ’ervxces 1n Holstein are arousing great large audiences, notwithstanding the the pasn week. be made upon it at that. fateful meet- ing. s is known that mischief is af00t, which if allowed to take its course. will put the crowning climax on all the villainies to which the in- vestors have been forced to submit holdings in the compan v. Everyone is convinced now that. at the begin- ning. when the stock was floated, and all who paid money {or their stock were misled to the event of fully one third of the total capital of the com- ‘ Toronto, January 16th, 1906 To THE Emma or DURHAM CHRONICLE: DEAR Sta :â€"Through the medium of the press and Other channels the sharehoiders of the National Portland Cement Co. are no doubt all aware that a desperate CriS!S involving the prOSperity and even the future exis- tence of the campany is fast approach ing. Should the shareholders be caught unawares at the yearly gen- eral meeting taking place the 7th of February meet serious conse- quences are sure to follow. Every shareholder should be on his guard prepared to defend and protect his property against the attacks that will Get your proxies appointed at once, if not supplied with blank forms write to Mr. Gilbert McKechnie or to this office. There’s no time to lose. The Augean stables were not cleaned out for thirty years though they con- !tained during that time thirty thou- : sand oxen. The job was done in a 'single day by Hercules who changed the course of the river and caused it to run through the filthy mass. In a similar manner let us as stockholders of the National Portland Cement Com- pany, turn on the river of righteous indignation, and sweep every offender from power: and as we see them struggling down the suxging flood, we: shall have reason to feel that a. new‘ and prosperous era of prosperity began with the Annual Meeting of February the 7th, 1906. (6) Are you satisfied that every thing is all right and that the present hoard and presedt officials are the best material we can get for the positions? If so return them to power, but our personal opinion is that things have now gone so far that a big change is a thing devoutly to be wished. (5) Is it the business of a book-keep‘ er to look after the books of the Com- ' pany and see that the financial affairs are properly attended to, or is it his business to canvass for men on the board Whom he knows he can control? ‘Vould it not be more profitable to have him attend to his proper busi- ness. and let the self-seeking aspirantsl for ofiice work out ther own salvation?‘ (4) Are you satisfied to pay a super- intendent $9650 a year, a. head book- keeper 31800 a year. a head chemist $1500, and allow these men to control the board and do as they like Without even consulting them in such an im- portant matter as the closing down of the mill and losing thirty thousand barrels of cement by each stoppage? upenc A LETTER FROM TORONTO. DURHAM CHRONICLE _v_v uv“¥“‘ A new Guy Fawkes, as it were. sur- rounded bv an ever ready corps of l lieutenants, 18 even now in the cellar placing powder barrels under the very is expected that the great Nationtl money making Portland Cement Plant. with the stock and all the host of stockholders together. will be hurl ed into eternity. and all the treasure of the germins of that great industry “ tumble all together oven until de- struction itself shall sicken.” And it is expected that the stockholders will not awake to a sense of their peril until too late and the purposes of the conspirators carried irrevoc- ably at the meeting. But treachery like murder will out and often speak with most miraculous organ. “Mut- terings are said to be heard in the air and prOphesyings with accents terri- ble of dire combuStion and confused events being hatched for the woeful meeting” are spreading to the ears of reasons seek its ruin. A most re- markable “report.” which is in course of preparation no doubt. will be read at that extraordinary meeting, and will contain provisions calling for the consent of the shareholders to de molish their splended cement plant at Durham. and, practically, call for a contribution of a large sum of money from the stockholders towards the construction of a new plant at some point near Port Culborne. If the proceedings are ever allowed to get that far the adaption of the “re l port” will be called for, and there! and then the stockholders will needs be on hand to resist the utter demor- alization of their pronerty, No one {or a moment should listen to the sirens’ song sung by the cotrie band ed together to encompass the down- fall of his company. which now gives promise of along and brilliant future. And it will. as briefly as possible. be the endeavor in this letter to satisfy, g This of itself should he appalling lenOUgh for every shareholder to con- ]template. But compared with the l ,crisis which now confronts the com- isuredly place the cap sheaf upon the iCl‘Op of iniquity, these performances .will look insignificant. It now tran- ! spires that active preparations for lanother attempt, this time albeit by f some of the management again is toi be made to rumage through the clothes of the stockholders once more 5 and rob them of the other two-thirds which are left of the honest dollars they invested in the company. Nor will this be the worst there is to fear inasmuch, should stockholders allow themselves to be trapped at the next general meeting, they will inevitably be sandbagged for more money from time to time afterwards to meet fu- ture assessments regarding which little or nething as a matter of course will be said at the meeting. It has come to light that secret dark and midnight instrumentalities have been, and in fact are now, even in the oflices of the company. laboring in- dustriously in perfecting plans for the purpose of effecting a thundering spectacular explosion at the general meeting of the company next month. pany. Every paying subscriber of the stock Which then glittered bright with golden promises knows now how thoroughly he was gold-bricked. his confidence abused and his pocket ruthlessly rifled by promoter Cowham and his superserviceable minions some of whom seem to be active in the afiairs of the company even now. i and therefore comfort. TICKETS 35c. Plan at; MacFarlane’s Drug Store, will OPEN FRIDAY, JAN. 26th, at; 9 And p. m., sharp. Open to all, no favors. EIPER MCDONALD of \Vingham, on the bagpipes an little daughter, MABEL, the br‘ated danseuse. MRS. NEWTON Durham’s well-known pianist. MISS MAE DICKENSON the famous soprano and guitar soloist. “’1 LL MCLEOD the refined and ever pOpular humorist and dancer. the famous Scottish baritone, latelv from Scotland. v-u (f1 alread y engaged and accepted : HLGH CLASS TALENT SONS OF SCOTLAND The Annual Bums’ Anniversary Concert \Vill be held in TO‘XN HALL, DURHAM, 011 the aboxe dates, undei the. auspices of BEN NEVIS CAMP. No. 45, ----- 00000 NE‘VEST OF THE NEW! BEST OF THE OLD! Friday, 9 Feb., ’06 Posters and Programs soon to follow this notice Will give full particulars. The following REMEMBER THE DATE (Continued on page 5) '. RHYND J AMIESON Iipes and his ., the cele- Av AS was» $4 Q74 Sr! fffhutcr ***%%%%%%%*%%%%%%%%%%% THE ARMY OF MEN who know and Overcoats to be all right is every recruit wears the satisfied smile of the man who has struck a good thing. Choice of Material. Unique Designs. A Whole Regiment of Soldiers . . . . Boys’ at ................. $1.00 Men’s at. ............... 1.25 VVomen’s also much reduced. Children’s - at. .......... Youths’ and Misses’ an. Bovs’ and Men’s at ..... Boys’ Oil Tan at 1. They know that iris not done simply to draw floating bargain crowds. but to deminish a complete and correct stock of Watches, Clocks. Jewelry. Sil- verware, Flatware and Choice Japan China. NOTEâ€"odd pieces in Out Glass and Black Wal~ not at cost. WATCHMAKER PEEL’S AAAAAAAA . L. F LARITY Merchant Tailor AND Gem’s Furnisher SWEEPING REDUCTIONS Without anyturther comments these prices will show what We mean: â€" Moccasins f Cardigans (Oil Tan and Buckskin.) I n‘ MiSSGS’ and Children’s 1 Successful EXperience in Optical Work. Suits and Overcoats COMING TO DURHAM couldn’c of this vicinity to buy one of our any quicker Than We have the latest, 1i g,htest besn ICE CREEPERSg on the Overshoes WHEN “ The House 01 Quality ” I’l‘ STARTLES THE PUBLIC . GORDON ’S %% NI, gJI, VI, 41, \vp, >00..- jguo \ It"? 73C“ 7“" 4 x _"J guau\£' right is growing every day _-A__’~I‘ 1.00 known " F‘Rrity mad~” Suits ADVERTISES JEWELLER. Durability of Goods. Low Prices. Progressive Sale of Footwear . . . . 3. They conclude that they shall take immediate advantage of the Cut Prices at ‘2. They know that the re- duction is genuineâ€"not a bar- gain on one article and two prices on another. Repairing Department Same as Ever. Shoes (Felt-lined Laced and Gaiters.) \Vomen’s and Men’s at. ”$1.19”. strongest, neatesc and a market. ONLY 50c. Misses’ and Children’s at.$0.7:3 W'omen’s at ............. 1.0“ JANUARY 25, 1906 See Window and “Bargain" Tables aw \W, -‘5- ’m‘ u 5 ’zié I \‘Xbx‘ '4 force the people reasons I .y. and OPTICIAN. «VI; -04 ’JA‘ 3W4 NI; M E Goods will be sold out at MARKET PRICE: JAMES Men’s Pea Jackets, regular 81 Men’s Overt-oats, regular 310 Men’s Overcoats, regular 31?. Men's Oven-oats. beaver, reg' Men’s Overcoats, frieze. regu Men’s Uvercoats. frieze. regu Men’s Suits, regular 36 to 374 Men’s Suits, regular 88- 00. . .-‘ Men’s Suits, regular 39 to 31‘ Men’s Suits, regular $1] to $1 Lumbermen’s Socks, regular 1 Lumbermen’s Socks, regular Men’é Leather Leggins. regul Men’s Leather Mitts, wool linl Rubbers and Overshoes and El MUST BE SO L1). 0111 entire stock in H or sell it at a rate. on t I have n0tice to quit of lease. OVER DOLLARS worth of Bivmgllp REMEMBER we me This Red Letter 83 money and the room. to you if you make I New Victoria Lawns. wort Men’s Heavy Rubbers at l 10 dozen W'oollen Hose, to 3% per pair. On 14 Ladies’ Coats, in varioui 100 garments Ladies' 131: (See our north window THESE ARE SAMPLES There can b cutting prices Every Day i 00 yards u Genuine Clearan JANUARY 25. 194 3 ‘Wrapperettes, Gingh l bargains marke THE CASH STU yams up-to-uate U! Dove, Green and Br wear. Worth from This is no take You can’t affo We have no mo The BEST WAT Not only all Wim as well are cut av When you buy you're getting th Staple and I Boots Readyntm Carpets, ‘ Sensati Season Laidlaw’ Terms C ....HIUHE

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