HomeMy WebLinkAboutThe Brussels Post, 1975-08-13, Page 4Available to Canadian Citizens or
Residents of Canada Only
Proposed offering
of Shares
7% convertible,
redeemable,
class B
preferred shares
(of the par value of $100 per share)
featuring • •
• Quarterly Dividends. Fixed cumulative
preferential cash dividends at the rate of 7%
per annum.
• Convertible into Common. Each Class B
Preferred Share will be convertible into 10
Common Shares of,CDC.
• Two Bonus Common Shares. Each Class B
Share carries the right to receive two Bonus
Common Shares, to be delivered in 1980 and 1985.
• Redeemable at Holder's Option. Class B
Preferred Shares will be redeemable at the
holder's option between October 2, 1985 and
October 1, 1986 at $100 plus accrued dividends.
• Instalment Purchase Plan. Either 2, 5, 10 or
20 Shares may be purchased in instalments
over an eight-month period. The down payment
required is an amount equal to 20% of the sub-
scription price plus the administration charge.
• Voting Privilege. Each Class B Preferred
Share will be entitled to 10 votes.
• Priority. Class B Preferred Shares will rank
junior to the outstanding Class A Preferred
Shares.
PRICE: $100 per share
The offering will only be made through regis-
tered securities dealers. To receive a copy of
the preliminary prospectus contact your
investment dealer, or stockbroker, or mail the
coupon below. ,
349
P.O. BOX 008, Station Q, Toronto, Ontario
Please arrange to send the a coin Of the preliminary , prospectustelating to the proposed publi-d,offering
Of CDC, 8hare,
NAME
ADDRESS
please OHM
No. Street
Postal code City Province
A preliminary prospectus relating to these securities has
been tiled with or delivered to, the securities commissions
or administrators in all provinces and territories of Canada
but has not yet become final. This advertisement has' been
placed to provide the Canadian public with the opportunity
to obtain copies of the preliminary prospectus so as to be
able to evaluate these securities for investment purposes.
This advertisement does not constitute an otter to sell
these securities. The offering will be made by the final
prospectus only and there will not be any acceptance of an
otter' to buy these securities in any province or territory of
Canada prior to the time a receipt for the final prospectus or
other authorization is obtained from the securities
commission or administrator in such province or territory,
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BRUSSELS 'POST' AUGUST 13, 195
Council decides to get history of Brussels
(Continued from Page 1)1
standard guidelines which were
devised primarily for smaller
municipalities who don't have
minimum maintenance by-laws.
These residential standards
only apply to those people
applying for loans under the
Home Renewal Program.
Clerk King read several of the
criteria regarding structure,
heating, plumbing, electrical,
health and safety standards and
said: "None are going to make it
tough for anyone."
The guidelines were quite
general instructing that all the
material used be in good
condition, and the plumbing be in
good working order.
Minimum.
The guideline listed the
minimum plumbing facilities
need which would include a sink,
toilet, bath or shower.
Reeve McCutcheon said he
could foresee a problem when
people who didn't have perhaps a
bathtub or shower applied to put
up kitchen cupboards.
The building inspector could
make recommendations that
certain work be done before
something else is started, council
said.
People who apply under the
Home Renewal Program open
themselves up for the building
inspector to enter their home and
make recommendations, the
reeve said.
Before passing the standards,
the reeve asked if council wanted
to proceed with the program.
Councillor Harold Bridge said:
"If we don't take advantage of it,
someone else will."
A committee of council will be
doing a small scale "garbage
study", to determine whether the
heavy garbage users should pay
more, and how much, and
whether it would be better to
collect twice a week.
Suggestion 0
This is being considered as a
result of a suggestion brought to
council by the garbage collector,
Harry Hall.
Mr. Hall said if the rough
garbage was collected on
Wednesday, one man could
probably do it, and it would make
it easier.
When the truck returned to the
dump, the rough garbage could
be put on one side of the dump,
and on Saturday when the
regular household garbage is
collected it could be put on the
other side of the dump.
He said the dump was "made
for rougher stuff on one side and
lighter on the other side."
When Reeve McCutcheon
questioned Mr. Hall on the need
for this he said: "Maybe you
haven't picked up garbage."
He proceeded to invite those
councillors who hadn't to get first
hand experience some Saturday,
even if they only rode on the
truck.
Mr. Hall had no takers but
Clerk King said he had collected
garbage and sympathized with
Mr.Hall's problem.
When one councillor asked by
Mr. Hall couldn't make two trips,
Clerk King said sure enough
you'd get large branches right
after the truck was full of boxes
and bags.
One man could operate the
truck onWednesdays and could
get help from workers at the
larger businesses that have more
garbage. Instead of throwing on
the rough garbage 14 to 15 feet in
the air, and taking abbut three
men, it could be done by one.
Every other Wednesday, the
truck could collect both rough
garbage and rough household
garbage, he said.
He said he didn't think it fair
that a man who sets out one bag
of garbage should pay as much,,as
the lat ,ger users.
Councillor Hank TenPas
brought up Frank Rutledge's
request, that the town extend
some ten inch tile to the river bed,
so he can cover it _with soil, and
keep the grass cut.
Councillor TenPas said: "It is, a
dirty old mess; it could clean it up
nicely."
It would take about 30 to 40 feet
of pipe, and a half dozen tiles,
Council will be making a tour of
the town this Monday to view
some of the areas where requests
are being made, so no decision
was made.
Fire Coverage
(Continued on Page 12)
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