PAGE 2, WEDNESDAY FEBRUARY 2, 1983, WHITBY FREE PRESS Attersley vows to fight for Witby' s $1 nilfion By LESLIE BUTLER Free Press Staff Mayor Bob Attersley bas launched a cam- paign to retrieve more than $1 million the town bas invested in Crown Trust, one of three corn- panys whose assets were seized early this month by the provincial governument. With the support of council, Attersley had a writ served to the com- pany early last week. "The writ makes con- firmation of the debt owed," Attersley said. "Our legal opinion is that it doesn't neces- sarily mean we'll get our money back, but it increases the security of our position."' Attersley said late last week the town had I [ '~CLEANINO SERVICES use Industrial & Commercial 686-2336 *f ree estimates *low prices *high quality cleaning *service; weekly, monthly "Wqu aratc, aiw~ c~«~r/ai4 vn Prices Over 100 Newv Cars Arriving For Stock Shortly vGMAC Financing For Approved Customers On New 82's & 83's ONTARIO MOTOR SALES LTD. 140 BOND ST.W. BOND OSHAWAC ÈToront Lne68p.311 401 _ _ _ _ LLMore For Vour Good Used Car received no response to the writ, but continues to monitor the situation on a daily basis. The serving of a writ is established business practice, Attersley said, adding that if another company offers to buy Crown Trust, the debt to Whitby will be officially recorded. 1The town's $1 million short-term investmenit matured Jan. 21, and at that time the town tried to withdraw the ful amount of the invest- ment plus interest. "They offered us $20,000 and told us to rol the balance over to the next 30 days, " Attersley said. "But we refused. We said we want our million dollars. " He said he is commit- ted to retrieving the tax- payers' money, even if it means a court battle. But the fate of Crown Trust is still as unsure as ever. Consumer and Commercial Relations Minister Robert- Elgie told the Commons last week information was being withheld from government investiga- Mayor Bob Atter8ley "We want our money back.,, tors trying to sort out the finances of the tbree companies. The companies, volved in the complicat- ed sale of 11,000 Toronto apartment units, will not reveal the where- abouts of a $100 million downpayment. The government has asked for approval to in- troduce legislation that ',would allow Crown Trust to be sold almost Immediately, but oppo- ~.sition parties say they "need more time to study <~the matter. In the meantime, municipalities and indi- ~,viduals are waiting to discover the fate of their investments. "We aren't going to sit back and say, 'The pro- vince will take care of it'" Attersley said. "I'm glad that coundil bas decided to go out and protect the people of Whitby and their tax dollars. Heil, we've got $1 million in that com- pany!1" Referring to the col- lapse of the British Mortgage company in the mid-1960's, Atter- sley said, "It has hap- pened before. ..1I don't care who owns the com- in- pany, we want our in- vestment back."1 Dispute contrnues (from page 1) *Board negotiators dlaim that Bill 179 does not provide for an arbi- trator in contract nego- tiations, and* thus McKecbnie's role has been eliminated. McKechnie lef t the bargaining table. when the board- refused to recognize bis part in the negotiations. The teachers, how- ever, interpret Bull 179 in a different way. They say as long as demands are stili witbin the re- straint guidelines, a mediator sbould belp ar- bitrate tbe dispute. The teacbers, wbo bave been without a con- tract since August of 1982, are demanding a nine per cent salary in- crease, and an improv- edJ benefit package. As well, tbe teacbers want to see tbe pupil-teacber ratio decrease to 17 to 1 from 17.4 to 1. Elementary teachers, wbo signed tbeir con- tract witb tbe board in December, received a nine per, cent pay in- crease. Tbe secondary teacbers say tbey want parity witb tbe increas- es granted to elemen- tary teacbers. The board, bowever, bas said tbe nmme per cent increase given to elementary teacbers was designed to bring them up to the level of secondary teachers. If the teachers rejeet yesterday's vote, the dispute could be taken to the restraint board. This week is White Cane Week The town of Whitby bas proclaimed the We have the programs to suit you & the people to guide you at a price that's affordable Umte«nfm f l O/off NewPatos Only 30% a Il programns WE DE TERMINE YOU CAN LOSE 3 TO 8 LBS. A WEEK! Lose weight & keep It off Stabiiztion' & ma intenance plan Nubtltlnai plan amne extra coot FREE CONSULTATION. IT'S SAFE! IT'S FAST! 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