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HomeMy WebLinkAboutThe Exeter Times-Advocate, 1967-11-02, Page 2YI LUCKY DOLLAR CUSTOM KILLING & CUTTING Locker rental by the month or year PHONE 237-3471 DASHWOOD SIDES OF BEEF Cut, Wrapped & Frozen To Your Specifications 59C ib. SMOKED PICNIC SHOULDERS lb. 490 KAM 12 OZ.TINS 3/990 ORANGES 3 Doz. 990 Many more specials at our store. FORE SHANK ouble your money with Canada Savings Bonds One of the great things about Canada is Canada Savings; Bonds, and this year's Series is the most exciting yet. Interest starts at 5,'4% a year—the highest starting rate ever on a Canada Savings Bond—and goes right up to 6%. Over the 13 years to maturity the true average annual yield is 5.48%. Best of all, Canada Savings Bonds have a wonderful compound interest feature which pays you interest on your interest. Take full advantage of it and you will double your money. As always, Canada Savings Bonds are instant cash. They may be cashed at any time for their full face value plus accrued interest. They are easy to buy for cash or on instalments. They fit all savings budgets—from $50 up, And, for the first time ever, Canada's most popular personal investment may be purchased by businesses, churches, charities, clubs, and other organizations. Another first: the limit per holder for this Series has been increased to $50,000. Backed by all the resources of Canada, Canada Savings Bonds are a great way to saves Buy yours today and double your money. Buy yours today—where you work, bank or invest! 67-12 5 1/4% to 6% Annual Interest! Page .2 .Novern4.er 2, 1907 Start work on GB bank Councils have vacancies continued from front page e4 and became one of the yoting- est municipal councillors in the area at that time, Another candidate who is un- decided is Oliver Jacieee. He's presently working at the Univer- sity of Waterloo and finds it dif- ficult to return for council meet- ings. However, he's hopeful of find- ing employment in this area again, and on this may hinge his final decision. Reeve Minnie Noakes said she is standing and Councillors Bar- ged Knight and John Baker said they would probably be standing again too. Both Indicated they had no in- tention of challenging Mrs. Noak- es, the area's only female elected official. Council members in both Use borne and Hay reported they were still making up their minds, but most indicated they would re- turn, No one said he would defin- itely not seek re-election, al- though some could not be reach- ed for comment. tions are e waste of time, 1,,4st year, .only r peopla at- tended the meeting in Uensall, and mpg those were there to HS speaker — Continued from front page also the ability te relate know- ledge. However, he said both the re- trieving and relating of know- ledge was now at everyone's fingertips through the Availability of computers. He said the new discipline of education was a matter of setting up goals and then deciding how to attain those goals. As an example, statesmen must set up the goals of peace or of racial understanding and then turn to those near and say 'get me there', Dr. Stewart explained. make reports. She also noted that no coun- cillor can prove himself In only one year. However, she did note that municipal elections don't cost. Much money so this was not a factor in suggesting two-year terms. Usborne Reeve Roy Westcott also noted there were good and bad points about longer terms. He said two-year terms enable councils to consider I onee r- range projects, whereas at the present they can't plan to obligate a future council that they may net be on. He too cited the poor attend- ance at nomination meetings, but said the situation probably would not be changed by longer council terms. Stephen Reeve Jim Hayter is personally in favor of two-year terms, although he explained his council have been too busy this year to give the matter much consideration. He indicated it could well be considered by the 1968 township council. MANY TALENTS Introduced as a "young lady with many talents", the valedic- torian was. Christina Mills, Zur- ich, now a student at Waterloo Lutheran University. She said a high school com- mencement was slightly unreal, because most of the graduates were just now getting settled into other schools and careers. She said the graduates owed considerable to those responsible for their high school education, stating that the students had gain- ed responsibility, a measure of self tolerance and an understand- ing of what it means to be a citizen. "Farewell South Huron," she concluded, "and may you truly fare well." LONGER TERMS Area reeves were also asked for their comments regar ding two-year terms, a practice now followed in Exeter and Grand Bend, and something that appears to be gaining favor in many Western Ontario communities. Indications were that most area councils had discussed the issue, but no immediate plans made for moving in this direction. "I'm all for it," Hensall Reeve Minnie Noakes stated, pointing out that it is difficult to get peo- ple interested and most nomina- IvIcKey-Crocker Construction of London has been awarded the general contract of construction of new premises for the Bank of Montreal at Grand Bend, Work is to begin at the new site, located 150 feet north of the intersection of highways 21 and 81, immedi- ately with completion scheduled for April, 1968. The 2,24:10 Square foot build- ing, designed by London archi- tect Frank White, will have a stone and slate front, The new B of M office will be equipped with five teller's wickets in- stead of three in the existing office. There will be a new (around the clock) depository unit and safety deposit box facilities including two coupon booths for safety deposit box customers. Decor will include a walnut counter, fluorescent lighting and acoustic tile ceiling. Parking ac- commodation will be provided for up to le cars. The B of M provided the re- sort with its first banking facil- ities in 1952 when it opened an office to operate under the di- rection of the Exeter branch. The office became a self-ac- counting branch in 1960 able to provide a wider range of on the spot banking services. Present manager Alyn Kemp will shortly be succeeded by Paul Couse from Sudbury. The sod turning for the new B of M branch building was held Saturday afternoon with Grand Bend Reeve Orval Was smann turning the first sod. Also giving a helping hand were Grand Bend Chamber of Commerce president C ha rles Tindall and Fred Walker and Eric McIlroy of the village who were clients when the first branch opened in 1952. Ready Mix CONCRETE c4Y- r :•71i4.'"( Plant 235.0833 Residence 228.6967 C.A. McDOWELL present manager Herb Cocker of Charles Tindall, T-A photo peter Cundy of the B of M extension department, Alyn Kemp, Reeve Wassmann, Eric Mcllroy, Cocker-McKay Ltd., the general contractor and president of Grand Bend's Chamber of Commerce. Reeve Orval Wassmann was in charge of the shovel as the first sod was turned on the site of the new Bank of Montreal building in Grand Bend, Helping in the official festivities Saturday afternoon at the new location, north of the main intersection are from left, Fred Walker, B of M marks century and half Service in Exeter in 1874 M branches. Equally important to the de- velopment of the country as a whole was the B of M's im- mediate provision of banknotes — Canada's first real money — when it opened for business in 181'7. In the months before, engrav- ing of the printing plates had been one of the urgent matters ar- ranged for the opening. It also provided the first Canadian coinage, when it introduced " bank tokens" in 1836. the building were completed in 1960. The Bank of Montreal's present 359-branch network in Ontario is directed by Edward A, Royce, senior vice-president, Ontario division, who is resident in Tor- onto. It was started in 1818 with the establishment of branches at Kingston and York (now Toronto). The B of M's Exeter branch goes back to February, 1874, when it was established as an office of Molsons Bank. The two banks amalgamated in 1925. In 1874, when Exeter had a population of 854, the bank started business in a three- storey brick building at the corner of Main and Huron streets. By 1902, the centre of busi- ness here had moved north, so the bank erected a red brick building at Main and John streets, In 1943, the B of M's present premises were occupied. Enlargement and renovation of HOME AND ABROAD Together, the Ontario division offices are an integral part of the national and international or- ganization, which has 1,030 branches and assets approaching $6 billion, Canadian banking now an integral part of life in Canada as one of the world's "best- banked" nations marks its 150th birthday on Friday. It was on November 3, 1817, that the first office of any bank was opened by the Bank of Mon- treal in the area of the old walled city of Montreal, with a staff of seven and capital of $150,000, Canada as we know it did not exist; Confederation was half a century in the future; George III still sat on the English throne; and the Battle of Waterloo was just two years past. The B of M's Exeter branch will observe the anniversary, marking the first century and a half of a system which now em- braces every province and terri- tory in Canada and many coun- tries abroad. First branch of the B of M was established in Quebec City a few weeks after the opening of the original Montreal office. It was the forerunner of the present network of some 6,000 offices of the chartered banks, more than 1,000 of them B of Harvesting of grain corn is progressing in spite of "soggy" field conditions. Yields appear average with a higher than nor- mal moisture content at present. A large acreage of fall plough- ing remains to be completed. The sugar beet and turnip liar- vest continues. Western feeder cattle are beginning to arrive in the County in large number. Some herds of dairy cattle are being stabled for the ap- proaching winter season. Conklin Storms "Now Also Available In Baked WHITE ENAMEL FINISH." Made by Rebmec, these Custom Made Industrial — Continued from front page buying industrial land in the com- munity in an effort to keep the price of the land within the range of what industries are willing to pay. One of the major problems faced in the past—in this and other communities—is the fact that land owners often price their property too high once they learn that an industry is interested in it. In the case of the land now occupied by J. F. Farm Mach- inery, it was sold by the in- dustrial group for the same as they had paid. Raymond explained the com- pany had not done too much in recent months due to several factors. He said they had been waiting to see what would take place at Centralia. He indicated the development of Centralia may attract more industries, as some of those interested in Centralia may not find what they want, but would still like to settle in this area. It was reported the company would hold discussions at their first directors' meeting regard- ing the hiring of a part-time secretary-treasurer. This person would also act as a contact man for industries wishing to discuss location in the community. It was pointed out that most members of the board of dir- ectors didn't have the time avail- able to follow up some of the con- tacts made with industries. If such a person can be found to do this work, his stipend would be paid by the Industrial Commission, who operate on a grant received from council. LIQUOR VOTE The only other discussion at the meeting was that of a liquor vote being held in Exeter. It was reported at least two parties were interested in build- ing motels in Exeter if liquor licences were available. Several shareholders express- ed the opinion that banquet fac- ilities were needed in the com- munity and one pointed out such facilities are required by in- dustries. It was indicated they may dis- cuss the matter with the Exeter Board of Trade. The executive of that group held such a dis- cussion earlier this year but took no action. • ALUMINUM COMBINATION WINDOWS are ElectroPile Sealed They offer twice as much weather stripping as ordinary storms. An ex- clusive lock on top sash eliminates rattles and enables removal of screens during winter if desired. Newly designed screens give added rigidity Conklin's will measure your windows and give you a free, no- obligation estimate. Installed if you wish. ALL SItE51 PRICED FROM $14.30 NO MONEY DOWN WILSON'S JEWELLERY & Giks tXeler Pleasing You Pleases Us. Turn sod for Grand Bend bank • MAWY,