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HomeMy WebLinkAboutClinton News-Record, 1959-06-18, Page 10SUMMER DANCING AT Bayfield Pavilion - Every Friday Night Music by IAN WILBEE'S ORCHESTRA 23-4-b VOCALS by DONNA WAGNER Montreal, June j5 — Develop-, ment of a new form of consumer- finance loans by the Bank of Montreal, providing facilities for Canadians to consolidate all of their credit-buying under a single life-insured loan, with a single monthly payment, was announced today by the bank's president, G. Arnold Hart, Mr. Hart said the system would be known as the "Bank of Mont- real Family Finance Plan". It goes into operation at all of the bank's 781 Canadian offices today. Personal loans under the new arrangements will be made for practically any purpose in amounts up to $3,500, while repayments will be scheduled over periods up to three years, where required, Such loans will be automatically life- insured. Many of the loans will be made on an unsecured basis, although chattel mortgage and other types of security may be taken where such collateral is normal. The main consideration in making loans will be the customer's ability to repay, without hardship, from regular income. Interest will be six percent a year on the actual outstanding balance, plus a charge to cover the cost of processing and service, Mr. Hart explained, adding, "The overall cost to the customer of a loan under the new plan is lower than generally prevails for con- sumer-financing in Canada anti is particularly attractive for a life- insured loan, Special Feature. The B of M plan includes a special feature which Mr. Hart referred to as "ever-ready credit". Under this provision, the costumer may arrange for a standby pers- onal credit, based on his income and commitments, and available for his use at any time. He is thus free to make purchases at will and issue cheques on the spot up to the limit of his prearranged credit. "The bank's new plan will by no means be restricted to loans for the purchase of items normally bought on instalments, but will also be readily available for many other purposes such as medical and dental bills, education expenses and vacation costs," Mr. Hart said, "Neither," he added, "will the plan be confined to purely family pur- chases, but will be equally at the disposal of the single person." Kippen Man Wins Draw Fred Chapple, Kipper, held the lucky ticket on a draw for a bedroom suite held in Wingham. The project was sponsored by the 7th Medium Regiment Royal Ca- nadian Artillery. S, Middleton Heads Aberdeen Angus Picnic Near Forest The Western Ontario Aberdeen- Angus Association annual picnic was held. Saturday afternoon, June 13 at the home of Mr, and Mrs, R. B. Brown and Sons, Sun- set Bay Farms, Forest, with over 300 persons attending, 5, Middle- ton, RR 3, Clinton, is president of the association. Robert McCubbin, Strathroy, as- sistant to James G. Gardner, form- er Minister of Agriculture, was the guest speaker and gave a fav- orable picture of the beef cattle situation in Canada and the United States, Prof. Byron Good of the Dep- artment of Animal Husbandry of the Michigan State University gave a beef type deraenstration anti conducted various judging'' contests.. Robert Deans, Michigan, -a bar, becue expert, had personally pre- pared the pits and the 10 pound roasts which were delectably bap, beetled.. Those attending this memorable picnic from Huron County Inelud- ed Mr, and Mrs. Herbert Klopp, and family, Zurich; Mr. and Mrs, Fergus,, Turnbull, Grand Bend; Mr, and Mrs. Albert Livermore, ton; Mr, and Mrs. Stewart Mid dleton, Clinton; Cpl. and Mrs. Sidi ney Caswell,. Goderich. Counter Cheek Books on Sale at the News-Reeord Bank of Montreal Develops New Consumer-finance Customer Loans Does housework come between you and your family? Do you often find yourself working so hard for your family you have little time to spend with them? Think of the most dreary household chores and chances are all of them can be done better and more easily with the help of electricity. With the help of safe, clean, modern electric appliances you get through your housework faster . . . have more time to spend with your family. And it's always a happy economy to choose electric appliances because electricity is so inexpensive. You get more out of life when you get the most out of electricity. —1-kw,hott-Fix Use silver polish to remove stubborn stains from iron soleplate. Never scrape or use harsh abrasives, Arsolailosamommisumaravaminemosounsion, LIVE BETTER ELECTRICALLY HYDRO Is yours Stratford is dusting off the l'weicome" mat for July 2 — not only for Queen Elizabeth and Prince Philip, but also for rest- dents of the nearby towns and rural areas, Since the Queen has expressed a wish to see as many of her subjects as possible during her Canadian tour, the royal visit Committee are hoping that people will go to Stratford, where the royal couple will spend more time than in any other Western Ontario centre, Wednesday evening, members of the committee met with the royal Visit co-ordinator, W. D, to plan ways in which Stratford can make its guests enjoy their Visit on July 2, With a route of over two miles in length, over which the Queen and the Duke of Edinburgh will travel on their way to the Festi- val Theatre, it was thought that many people would perhaps enjoy a picnic supper in queen's Park, one of the beauty spots in this area, before the arrival of the roy- al party. Six men will be on duty in the park during the afternoon to assist people in parking cars; and the usual refreshment booth and washroom facilities will be op- en in the park throughout the day, BANDS ON THE ROUTE Along the route that the Queen and the Duke of Edinburgh will take to the theatre, a number of bands will be posted at intervals to lend a touch of color and har- mony to the occasion, In addi- tion, local organizations, such as Attendance At The Huron Museum Curator 3. Ii. Neill, of the coun- ty museum told -County council June 10, attendance at the museum this year is expected to reach a new high in attendance. He said to date 3,031 people have registered which is 1,000 higher than last year at this time, He reported that progress is being made on the new 200-foot addition, Extension of an extra 20 feet was necessary with the ar- rival of the new locOmotive in the yard at the museum, the Perth Regirnent, Boy Scouts, Girl Guides, Sea Cadets, Mx Cad- ets, And veterans will be used al- ong the route, No special decorations are plan- ned, as it is felt the royal visitors would enjoy seeing the city's nat- ural beauty and people, but it is hoped that every flag in the city will be flying, not only along the route, but on all homes and places of business as a welcome to all guests of the city on that day, Of course, homes and firms along the route will have a special interest in seeing that everything is ship- shape. Since many people will wish to catch a glimpse of the Queen and the Duke of Edinburgh on their return trip to the royal train aft- er the performance in the theatre, arrangements have been made for entertainment during the evening, The MR Concert Band will give a concert at the bandshell in Vic- toria Park, from 9 to 11. p.m.; and at about 11.30 p.m., as the Queen and the Duke of Edinburgh leave the theatre, there will be a fire- works display along River Drive, arranged .by Perth Regiment and Avon chapters of the IODE. FREE PARKING People going into the city will be free to park anywhere, except immediately adjacent to the route the royal couple will travel, or where parking is not permitted at any time. There will be no meter charges from 12 o'clock noon. No special sections of the route are being reserved for school child- ren, since schools will by that time be dismissed for the summer, and any school groups would be diffi- cult for teachers or officials to or- ganize. There will, however, be space reserved specially for wheelchair patients. Anyone in this class who wishes a place in the reserved section is asked to contact the co-ordinator, either by mail or by 'phoning Stratford 3150, Coal Coal Prices are at their lowest during June and July. Order your winter supply now to assure top quality coal at rock-bottom prices, Avoid last Minute fall slow- up and bad weather. CEMENT FRESH CANADIAN CEMENT on hand at all times. Special Prices on Large Lots, MUSTARD LUMBER and COAL Cow BRUCEFIELD Phone HUnter 2-9922 Hensall and Seaforth Subscribers Please Phone Collett 23-4-b 11111111111011111111MR!. /Will Queen's Visit To Stratford Well Planned; Welcome to AU Visitors FARMERS We are shipping cattle every Monday for United Co-operative of Ontario and Solicit your patronage. We will pick them up at your farm. Please PHONE COLLECT not later than Saturday nights Seaforth Farmers Co-operative H. S. Bunt, Shipper Phone 773 s3-tfro GUARANTEED TRUST CERTIFICATES • issued in amounts from $100 upwards for 3, 4 or 5 years. • earn 5X% interest, payable half- yearly by cheque. • authorized investment for all Canadian Insurance Companies and trust funds. YOUR MONEY DOUBLES ITSELF IN 14 IMAM STERLING. 1RUSTS 372 Bay Sit., 25 Dunlop 114 Toronto Baal* IL. C. LAWSON, Representativt, Phone HU 2-9644 Clinton, Ontario T. B. BAIRD Phone HU 2-7498 Brucefield, Ontario BIG WALK-IN SIDE DOORS cum.Q.N NVWS-1WCORP tri-waSpAY, JUN 19* DON'S B.A. SERVICE Victorio Street CLINTON Mm* HU 24088