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HomeMy WebLinkAboutTimes-Advocate, 1980-09-17, Page 7Mr/ Almatex Paints and Varnishes Wide Selection Wallpapers Complete. Line-of Refinishing Products. Gifts - Pictures Plaques. Exeter Decor Centre 15 Gidley St., E. 235-1010 1.1rtio.0.4avocolio, i0:00. e ;ha e n g For Eve" io a hairstyle .A.0 (1° that perse:r;you are ses the #%) We take the time to know you ac cBack9oorn" UNISEX HAI RSTYLINGS By THERESA GRIMMINCK 423 Main Street, Exeter, Ont., NOM ISO Call 235-0451 Or Walk In Wash, Cut & Style Women $8.00 Men $7.00 Children (Under 12) $4.00 Shampoo, Cut & Style $6.00 Perms (Includes cut) $25.00 Tb14- Tues - Thurs. 9 - 5:30 Fri. 12 - 8:00 Sat. 9 - 4:00 Redken, Noble, Zotos Helene Curtis Products PARKING IN THE REAR awsparapagm BIG SAVINGS FOR SMALL BUSINESS The Bank of Nova Scotia is offering term tions, on certain conditions, to borrow loans through Small Business Development from Scotiabank at substantially less than Bonds (SBDBs), enabling some corpora- the rate they usually pay. Who is eligible? Canadian-controlled private corporations that qualify for the small business tax rate under the terms of the federal Income Tax Act. For what purpose can SBDB funds be used? Do I have to be a Scotiabank customer? Scotiabank welcomes any business meeting SBDB criteria to apply for SBDB financing, or for conversion of qualifying debt incurred at any financial institution after December 11,1979. If you now deal with another institution, look on Scotiabank as an additional money source. —To acquire new depreciable assets, or to purchase land, used in the conduct of business. Excluded are property acquired for lease or rental to others, automobiles, and some other transportation equipment. —For qualifying research expenditures. What amount may be borrowed? Not less than $10,000 and not more than $500,000. Qualifying businesses can borrow through the SBDB program only once. What is the term to maturity? Not less than one year and not more than five years. What is the SBDB interest rate? It is variable, but for most businesses it is substantially less than the rate they usually pay. What is the SBDB time limit? The federal government, under the proposed Act, requires that expenditures using SBDB funds be made by December 31, 1980. However, the government intends that the SBDB program be retroactive, applying to qualifying loans made after December 11, 1979. Debt incurred since that date for expenditures meeting SBDB criteria can be converted at Scotiabank at the more favourable SBDB rate. CHECK FOR CHANGES: This announcement is based on a draft of the proposed SBDB legislation. Subsequent drafts or the actual legislation may contain additional advantages for the borrower. It is therefore important to consult with Scotiabank for the possibility of changes. That's the good news. What's the bad news? The bad news is really not too bad. First, interest payments on Small Business Development Bonds, are not tax deductible. Even so, the cost of funds to small business through SBDBs can still be substantially less than prevailing bank rates. Second, the Small Business Development Bond legislation has been drafted, but has not yet been passed. The SBDB program and the favourable rates it enables Scotiabank to pass on to small business, are, of course, contingent on passage of the legislation, anticipated in the fall of 1980. Do we have to wait till the legislation is passed? No, you can act now. Companies meeting SBDB criteria, either for new funds, or for the conversion of debt incurred after December 11,1979, cars arrange their SBDB financing at Scotiabank today. Scotiabank will arrange, for acceptable borrowers, a term loan at prevailing bank rates. When the SBDB legislation is passed, Scotiabank will reduce interest charges to the SBDB rate and make a refund adjustment retroactive to the date of booking of the loan. What to do now? Space permits only a summary of the terms of the Small Business Development Bonds program. For more information, speak to your accountant and/or any Scotiabank manager. If you think you qualify, act now. Not very often can you take advantage of a money sale. Scotiabank THE BANK OF NOVA SCOTIA Havarti (Butter cheese) lb.$2•40 BAKERY SPECIALS )inner Rails 2 Doz. '1.79 Muffins 6/9% 100% Whole Wheat French or Rye Bread Zurich 236-4912 Seaforth 527-1803 Auxiliary hear details. link hospital to University Church women start fall session MR. AND MRS. STOUTLEY Bonnie Louise Breen, daughter of Mr. and Mrs. Norman Breen, RR 8 Parkhill and William Leslie Stoutley, son of Mrs. Edith La Flomme and Mr. William Stoutley Sr. Toronto, were united in marriage at Our Lady of Mount Carmel church, on August 16 by Father Al Sasso. Maid of honour was Colleen Breen, sister of the bride, and bridesmaids were Monique La Flomme sister of the groom, Lori McLeod, Leslie Steeper and Tammy.Tavernor friends of the bride. Flower girl was Kendra Fenwick cousin of the bride. The best man was Ed Pollard, friend of the groom, Morgan La Flomme, brother of the groom, Morgan La Flamme, brother of the groom, Brad Breen brother of the bride, Mike Wright and Joe Latorre friends of the groom ushered the guests, Sean Bloch cousin of the bride was ring bearer. The couple are residing in Toronto. Pix by Peake Beginning Day held by Sorority Beginning Day for the Xi Gamma Nu Chapter of Sorority was held at a cot- tage at St, Joseph's, August 26 with Lois Godholt as hostess. Everyone enjoyed a delicious bar-h-que which was followed by a short business meeting and a "Dutch Auction". The first regular meeting of Xi Gamma Nu Chapter was held September 9 with Phyllis Johnson as hostess. In the general meeting plans were made for the coming year 1980-81. The ways and means committee haVe -organized a "Ladies Night" for all ladies, which includes dinner, a fashion show, entertainment and wheels of fortune. This will be held at the S.H.R. Centre,. Friday, October 17 at 6:30, p.m. The program book for this year is "The Grand Tour" in which we will learn about different parts of the world. Linda Farquhar and Bon- nie Brooke presented the program on "Polar Region" followed by a short quiz on words used in these regions. A delicious lunch was served by Heather Rogers. The fall Exeter UCW meeting was held Monday with 35 women enjoying a delicious pot luck supper, Keeping with the theme of Japan there were a few Japanese dishes also a few women tried chop sticks. Mrs. Elsie Tuckey welcomed all hoping everyone had enjoyed their summer. Mrs. Flora Doerr and group were thanked for the pot luck planning and preparations., The purpose of UCW was read by Mrs. Elsie Tuckey. Roll call :"What we enjoyed about the summer" was answered by 39. Mrs. Elaine Skinner read a letter received from the UCW new adopted child through World Vision. Coming events are: Fall Regional meeting October 15 at Greenway, with guest speakers Mr. & Mrs. C. Cann Exeter; General meeting September 15 with speaker Mr. Jim Axman; Bazaar, November 15. Mrs. Dolores Shapton reported on the past two work nights with many items being made for the bazaar. Mrs. Ellen Forsythe and Mrs. Sharon Kirkby reported on Camp Bimini 80, stating a good turnout of younger women. Mrs. Elsie Tuckey reported on her one day experience to Alma College. • For Mission and Service, Mrs. Mavis Atthill reported on jobs that had been completed on the Southcott home. The UCW again plans on entering Exeter Fall Fair under Organizational Display, the theme Crafty Country Corn. Next meeting is October 6 with Mrs. Maxine Sereda's group in charge and Mrs. Betty Watson's group for lunch. Mrs. Ann Cann and group presided for the Worship. Mrs. Joanne Wareham read about a Japanese family, how they differ and are similar to our own families here in Ontario. Mrs. Pat Down gave in- formation about the country of Japan as to population, customs and religions. Carfrey Cann showed some lovely pictures taken three years ago in Japan, when they had spent five days there. Mr. Sr Mrs. Cann were both dressed in lovely blue Japanese robes and everyone was able to view many items brought from Japan. Mildred Thomsen on the theme "How to find hap- piness", and the answer"seek and find how to serve Jesus who gave of Himself to help others," Madeline Witmer was in charge of the program with a film strip entitled Vision, Gifts and Deeds. It depicted the work of women in the church from the times of W.M.S. up to the present U.C.W. A number of individual women were shown and their work as missionaries and in Canadian churches was explained, Madeline also pointed out the many ways the local women of Exeter, past and present, are sup- porting the church in the community, Two musical numbers were much enjoyed - a trumpet solo and piano solo . by Debra Witmer of Woodstock. Valerie Meek of Woodstock accompanied the trumpet. Debra is Madeline's grandaughter. Western. and practices medicine at University Hospital. explained the plan for linking the hospitals through the use of a video tape recorder. The system would use two way colour television in telecommunications so that a . doctor at University Hospital could confer with a doctor in Exeter. The Lon, MR. AND MRS. DAVID CRUIKSHANK Carolyn Jean Broom and David Gilbert Cruikshank were ited in marriage on August 29 at Exeter United Church James Forsythe. Carolyn is the daughter of Mr. and Mrs. Ken Broom of Exeter and David is the son of Mr. and Mrs. Douglas Cruikshank, Mt. Albert. Maid of honour was Merna Scott and bridesmaids were Donna Cruikshank and Sandra Broom. Michelle Broom was flower girl. Best man was Rick Broom and guests were ushered by Herb and David Broom. Doug Cruikshank Jr. was ring bearer. The couple will reside at New- mcirket. „. don doctor could even speak with the patient. At present Woodstock Hospital is the only hospital that has joined the system with University Hospital, Dr, Luterbach said that it is hoped that all hospitals in smaller centres throughout southwestern Ontario will join the communications network. Expertise and specialized care can be shared throughout the smaller isolated hospitals. Dr. Luterbach said that the system began originally with the use of the Hermes satellite. By using the satellite. University Hospital was able to provide information to a hospital in Moosenee. Dr, Luterbach said that this was a three year program which operated from 1976 to 1979. Because of the success of it, plans went into operation for setting up a link between smaller hospitals in Ontario. Dr. Luterbach said that he worked in remote areas of Saskatchewan before com- ing to Ontario, and he can see the need for the telecom- munications system. In the absence of president Lillian Campbell, vice- president Leone Brock chaired the meeting. The discussion centred around getting volunteers to help with the rummage sale planned for this fall. Volunteers are also needed to attend several up-coming conferences, oft. NOW Stretch & Sew Comes to You! Learn Short-Cut Sewing Methods developed by Ann Person TM in your own home. Book your party for Fall now. For more details call London 681-0525 Raving South Huron. Hospital in Exeter linked by computerized telecom- munications with University. Hospital in London is 'a possibility. The plan, which sounds like something out of UCW afternoon unit The afternoon Unit of Exeter U.C.W. opened the fall Session with a pot luck luncheon Thursday af- ternoon, Marilyn Johnson chaired the business with a welcome to members and visitors. The following dates were given - the General Meeting September 15, 8 p.m. and the Regional, October 15, .12:30 noon at Greenway. Rev, Forsythe announced a Seminar on 'Alcohol and Drug abuse to be held in the High School September 29 and urged as many as possible to attend. Beth Batten gave an ac- count of a day's program at Alma College. The worship service was conducted by Edith Love and Odds 'n Ends Continued from page 6 has expected to live within a sterotype. Terry reminds us of the importance of each of us doing the best we can and pooling our resources to reach a common goal. It seemed ironic that, when Prime Minister Trudeau and the provincial premiers began haggling over a new constitution, the man who has done more than anyone to unite the people of Canada was lying in a hospital bed wearing sneakers, blue jeans and a marathone of hope t-shirt. And Canadians were pulling together with zeal and emotion that I can't recall seeing before. What Terry has done and will do defies analysis. His determination, inner- strength and compassion for others deserves admiration and thanks. science fiction, was explain- ed to the Women's Auxiliary at the hospital by Dr. Ed Luterbach at Tuesday's. meeting.. Dr, Luterbach, who, is an associate professor at by un- Rev.