Loading...
HomeMy WebLinkAboutThe Lucknow Sentinel, 1993-08-04, Page 1540. Lost & Found FOUND: Orange kitten, along creek at Campbell St. Call 528-2845. --31 46. In Memoriam GLENN In tend and loving memory of Mary Lynn Glenn who passed away August 6th, 1965 in her 5th year. A family has a special bond It's love that forms the tie • And even in the darkest hours. That love will never die It's what we draw our strength upon In sadness and despair Our comfort in the worst of times Because it's always there And when a loved one's taken Although we have to part We keep them in a special place That's deep within our heart. Always loved and sadly missed by her Mom and Dad Lenore and Oliver and "family". --31x IRViN In loving memory of our son and brother Jerry who passed away July 29, 1971. Your memory is ever near, when from the eye there drops a tear. Mom, Dad, sister and brothers. --31x MOON To my brother Louie Moon who passed away 2 years ago, August 3, 1991. Those whore we love go out of sight But never out of mind They are cherished in the hearts of those they leave behind Loving and kind in all his ways Upright and just in all his days ' Sincere and true in heart and mind Beautiful memories he left behind. From brother Lorne and sister-in-law Jessie. -31x MOON In loving memory of a dear Husband, Father and Grandfather, Louis Moon, who passed away August 3, 1991. Two year's ago, you were called away. We think of you each coming day We think of all the day's gone by. Before we had to say "Good dye" In our hearts you are always there Filled with memories we once shared. When I think of you I want to cry and ask myself the reason why We knowyou are resting in peace. With these thought's we get relief, God has you in his hands We have you in our hearts. Sadly missed and always's loved. Gladys Moon and Family. --31x FiTCH In loving memory of our dear sister, Rena Fitch, who passed away August 7, 1992. God'knows how much we miss her Never shall her memory fade, Loving thoughts shall ever wander To the spot where she is laid. Lovingly remembered by sisters Rhea, Emiline and brother Elwood. --31x KNIGHT (WHITBY) I would like to express my appreciation to my family and friends who attended my 90th birthday party •on July 24th. Coming from a distance was my son Joe his wife Irene and grandson Justin from Nova Scotia, Elaine Whitby and friend Tim from Vancouver, Andy Whit - b and wife from New York, family of the late Fred Whitby from Califomia, • Missouri, Michigan and relatives all over Ontario. A special thanks to Jean Whit- W./Ike-spearheaded the party. Thanks to all who attended' and the lovely plant and cards, it will be a long remembered party. Rose 'Knight. --31x t FORSTER The family of the late Walter Forster would : like to thank alt the friends, neighbors and relatives .whose kind words and gestures have shown such love, support and friendship. A special thank you to the Doctors and nursing' staff at Kincardine and District General Hospital for your care and kindness and Rev.. Vinde' Wilke for helping us all through a difficult time. Also thank you to the ladies of St. Andrews. United Church for the delicious lunch after the service and to MacKenzie and McCreath Funeral Home for all arran- gements. --31 FARRELL We, would like to express our thanks to everyone who made our reception such . a memorable occasion. It was great to , see everyone. Bill and Candice. --31 • DEBOER I would like to thank everyone who was so kind to me when I had rffie surgery. Ainslie. --3.1 COMING TO RIPLEY Friday, August13 9 am • 12 midnight 47. Cards Of itiarsits MACINTYRE We would like to thank those who sent cards, flowers and visited us in the passing of our daughter and sister Rosalie, your thoughtfulness will be remembered. Don and Joan Maclntyre and family. --31x STEWART The family of the late Mary Stewart wishes to express their sincerest thanks to relatives, friends and neighbors for the beautiful flower arrangements, the many memorial donations, visits, and other acts of kindness. Special thanks to Doctors J. Hollingworth and E. Whit- tle, the staff of Goderich Alexandra Marine and General Hospital, Rev. R.D. MacDonald, the MacKenzie and McCreath Funeral Horne, pallbearers and flower bearers. Also many thanks to the Dungannon Senior Citizens for providing such a wonderful luncheon following the service, Your kind deeds will always be treasured. Art Stewart and family. --31x 48. Coming Event BINGO Goderich Knights of Columbus, Thurs- day, 7 p.m. Columbus Centre, 390 Parson's Court, $3450 in prizes. $1000.00 Jackpot must go.-15tfar • FAMILY PICNIC The Bruce County Family Coalition Party is holding. their Annual Family Picnic, in Chepstow, at the Lions Park, on Sunday, August 8, from 12 - 4 p.m. Food, friends. games, door prizes. Drop in and join the funl--27-3jgp GARDEN SHOW The Lucknow Horticultural Annual Gar- den Show will be held August 11th, 2 - 4 p.m. at the Legion. Afternoon Tea - Plant - Surplus Produce and Bake Sale. --31 nxc Cows traded lower The market at Brussels Livestock last week saw fed cattle selling on a steady trade. Cows traded $1 to $2 lower. There were 390 steers on offer selling from 96.00 to 101.00 to high 105.00 G.A.Stewart, Ripley, 47, avg. 1176 lbs. avg. 97.94 to high 105.50. Terry Dalton, Lucknow, 12, avg. 1016 lbs. avg. 92,83 to high 96.75. Gerald Rhody, Holyrood, 2,. avg. 1520 lbs. avg. 87.39 to high 93.50 Gordon Roulston, Ripley, 9, avg. 1398 lbs, avg. 89.10 to high 93.00. John deBocr, Lucknow, 6, avg. 1250 lbs., avg. 89.90 to high 91.25. Schmidtbrook Farms, Woodstock, 13, avg. 1442 lbs., avg. 95.20 to high 104.75. ' Heifers There were 189 heifers on offer selling from 96.00 to 101.00 to high 103.00. Neil Rintoul, Lucknow, 2, avg. 1250 lbs., avg. 91.03 to high 98.00. Steve Alton, Lucknow 1 weighed 1160 lbs. sold for 95.25. Mux Lea Farms, Woodstock, 14, avg. 1201 lbs. avg. 95.85 to high 103.00. Harvet Hoggart, Londesborough, one weighed 970 lbs. sold for 100.00 . Cows • There were 247 cows on offer selling- from 54.00 to 75.00 to high 79.75. Carnation Stock Farms,' Dungan- non 3 avg. 1053 lbs., avg. 68.41 to high 71.50. Phil Clark, Goderich, 2, avg. 1195 80th BIRTHDAY CELEBRATION lbs., avg. 64.74 to high 65.75, • Family, friends and neighbors are in- Rick Smith, Ripley, 15, avg: 1082 vited to attend an Open House to lbs., avg. 63.98 to high 69.00. celebrate the 80th birthday of Anna Veal Johnstone to be held at the Lucknow There were 153 veal on offer Legion, Sunday August 15th from 2 4 selling from 77.500 to 98.50 to high p.m. Best wishes only please. --31,32x 104.00. Wayne Durnin, Auburn, 2 avg. 720 lbs., sold for 104.00. Menno Miller, Lucknow, 2 avg. 595 lbs., sold for 95.39 to high 98.50. Levi Yoder,/ Lucknow, 2, avg. 600 lbs., avg. 94.11 to high 100,50. Lambs: under 79 lbs. 106.00 to 118.00; over.80 lbs. 76.00 to 89.00. Steers: 400 to 499, 110.00 to f44.00; 500 to 599 101.00 to 132.00; 600 to 699, 78.00 to 113.00; 700 to 799, 75.25 to more -information -call -529-7086---3 a 1r-1-i�0; 800 and over 94.50 to DUNGANNON FAIR PARADE Sunday, August 8, 11 a,m. sharp, Brindley's yard. Judging at 10:30 a.m. Categories:•best heavy horse hitch, best light horse hitch, best dressed horse and rider, best dressed pony and rider,' best family float, best commercial float, best school float, most humorous float. Prizes: 1st - $20, 2nd - $15. Childrens• categories: best dressed pre-school rider and vehicle, best dressed pre- school child, best dressed elementary rider and vehicle, best dressed elemen- tary child. Prizes: 1st- $3, 2nd $2. For 80th BIRTHDAY 'CELEBRATION In honor of Elsie Houston, Friday, August 13, 8 p.m. •- 1 a.m., Luckndw community Centre. Friends are cordially welcome. Best wishes only please. -- 31,32x 55th HELM PICNIC Held August 15th at Clare and Gladys Van Camp's, Belgrave. Meal at 1:00 p.m. Bring dishes, food and chairs. -- 31,32x COMMUNITY BRIDAL SHOWER For Heather MacDougall. Neighbors, friends and relatives are cordially invited to a shower for bride-to-be Heather MacDougall, Saturday, August 14, 2 p.m. at South Kinloss Church. Everyone welcome'.'--31,32nxc • RIPLEY LEGION AUCTION SALE With bake tableand barbecue. Satur- day, August 14 at,10 a.m. If you have good used items to donate we will pick them up. Call 395-3226., 395-2908 or 528-3037 (ask for Nick). --31,32 SINGLES DANCE Sunday, August 8 at Wingham Legion Hall. Dancing 7 - 11 p.m. Music by Black Magic. No blue jeans please. -- 31gp Heifers: 400 to 499, 93.0l1 to 122.00; 500 to 599, 81.00 to 115.00; 600. to 699, 90.00 to 113.25; 700 to 799, 94.00 to 105.50; 800 and over 83.2510 106.60. Lucknow Sentinel, Wednesday, August 4, 1993 - Page 15 How to determine if • refinancing is wise Interest rates have sat. in a favorable position for the last six months. Now many producers are questioning whether it is worth refinancing present loans and mortgages before interest rates rise. Lower interest rates may reduce loan payments and enhance cash flow position in the years to come; or with lower interest rate you may be able to maintain the same yearly payment and reduce the term of the loan by two to five years. When you start to consider whether refinancing is an option there are a few points to consider. What kind of prepayment clause does your mortgage have? Is it an open mortgage which means lump sum payments can be made at any time and therefore the mortgage could be totally paid off and a new mortgage taken out? Quite often mortgages have a prepayment clause of three months interest on the principal balance outstanding. Depending on the interest rate of the mortgage and the principal owing, this could be a major ex- pense and have a serious effect on the present cash flow of the operation. More recent mortgages have an interest differential penalty clause. In simple terms, it means you pay the present value of the difference in interest rates on the principal balance over the remaining term of the ' mortgage. For example, you have $50,000 remaining, on a. mortgage that is at 13 per cent interest. You can refinance it at nine per cent. The remaining term is 10 years. Therefore, your interest penalty would be the present value of four per cent interest on $50,000 for .one year, plu'; the present value of four per cent interest on $50,000 less scheduled principal •payment for year one etc. up to year 10. Basically, you are paying the financial institution for the loss in interest revenue that would' have been generated if you had not refinanced. In this example the prepayment penalty would be over $10,000. FBruce County OMAF ARM REPORT Once you have an understanding of the penalty you have to pay, you need to consider legal • fees, ap- praisal fees, survey fees ,and ad- ministration costs that may be as- sociated with refinancing. If you only have a few years remaining on your mortgage the savings in interest may not be enough to offset these costs. One general rule of thumb to consider is that unless the dif- ference in interest rates is greater than two per cent, then it is not worth refinancing. If the interest savings was four per cent, it would probably take three years to cover the costs associated with refinan- cing. Staff at. our office have access to a computer program ' called Loan Calculator that calculates • various payment schedules, terms and interest•rates on loans. The program will give you a basis for deter- mining if refinancing will be a positive move. You still need rto contact your financial institution to clarify prepayment penalty, ' legal and administration costs. In the previous example, refinan- cing the loan would save $1434 per year which over the next 10 years would be over $14,000. However, if your mortgage was subject to the interest differential prepayment penalty, then the savings would only amount to $4,000. Financial management decisions should not be a quick decision, but rather ones . that are well thought out, fit your goals and- cash flow needs of your operation. An initial. reaction to lower the interest rate on your mortgage may not always be to your best advantage, in the long term. For assistance in refinancing decisions, contact the Bruce County, OMAF office. Nominate someone for conservation award The Maitland Valley Conservation Authority (MVCA) is inviting the public to make nominations for the Authority's 1993 Conservation Awards. The awards are designed to recognize the efforts of conser- vationists in protecting or improving the environment "The health of the environment, including soil and water resources, is important to everyone," noted George Wicke, MVCA chair. "The conservation authority would like to recognize the important work that individuals and ou s are doin : , that often goes unnoticed." An award could be presented for any of a number of activities that conserve the enviironment. Included are tree planting, preserving or restoring• wetlands, forest Dairy educator. program Three Western Ontario women are one step closer to the chance of being the first Ontario Dairy Educator following a regional selection process. Grey County Dairy Princess Erika Dickert, Middlesex Dairy Princess Judy Strybosch and Waterloo Dairy Princess Karen Howling advanced through the first ' Regional held at the Woodstock Quality Inn on July 17, 1993 and will compete in the Toronto selection process on Wednesday, August 25, 1993, One other regional selection day will be held and nine final ap- plicants will vie for the new position in Toronto on August 25.• Other applicants in the Western Regional were Dairy Princesses from Brant, Sandi Emmott; Elgin, Vicki Paget; Huron, Amy Terpstra; Norfolk, Michelle Moore; Oxford, Monica Wiffen; Bruce, Christine Good- hue; Haldimand, Jill Bousfield; Niagara South, Brenda Green; . and Perth, Julie French. The 1993-94 Ontario Dairy EduCator will conduct 'public relations activities on behalf on Ontario's dairy farmers during a 12 month term. To become Ontario Dairy Educator, an ap- plicant is selected on public speaking ability, knowledge of the dairy industry, maturity, enthusiasm and sincerity. • management, conservation farming practices, education, and recycling, to name a few. This is the fifth year the awards have been presented. For more information or to nominate an individual or group, contact the Maitland Valley Conser- vation Authority at (519) 335-3557. Nominations will be reviewed by a committee of MVCA directors. There are two levels of awards presented. The conservation Award of Distinction is given to those making a long-term, outstanding. commitment to conservation. To recognize and encourage shorter - term contributions, Certificates of Appreciation are presented. The deadline for nominations is Friday, Aug. 27. The presentation of the awards will take place at the general meeting of the Maitland Valley Conservation Authority to be held in October. SWAN dedication postponed till later A tree dedication ceremony. to he held in Goderich on August 6. has been 'postponed. The event, organized by SWAN - Stop Abuse Against Women Now, will he held at a later date. SWAN is a Huron Countv'ccn- mittce of more than 40 profesion- als who arc working toward the reduction. prevention and eventual elimination of all forts of woman abuse.. • The tree and plaque will serve as a daily reminder about the reality of violence toward women and the ongoing commitment to change.