HomeMy WebLinkAboutExeter Advocate, 1905-07-06, Page 20+�a♦♦♦�a♦�a♦�a+!a.+a+�t♦ia+0+0+0+*+�l+4a40+♦�a t 1 ---- - ' 1 •
♦ 1 t is very little u ,u grateful! "I am sura t m will e o mating ,c
1As she st,oko Casper raised his head ! "A gentlenrun leavened by thear-
with a growl. and, thinking that , list. But wo can easily set the met -
Guildford Merton WIH returning, ter at real. Guildford Berton shall
Norah ran toward the dog. A
meat afterward a slow step was' finds bis credentials eatisfactury, I
nue-' intiko iuquiriea about bins, and if het
O hoard, and the earl came from bee will, if you like, call up
♦ ± ttven the trees. ask him to dinner."
e . ■ ■
tor," s!n• stud, with the smile that! the kind," shePurity 1
sari, (molly mei run- s Good ne
made her face perfect. "1 ata ruse fidoutly. "You sui,l, papa, that he
0
my rut iter— wits er--'• � its a genn
tlema."
iNE NEIN OF SRNTLEIH
•
ORS
THE STEWARD'S SON
uu hint and
ilii head wits hent curd his 1188418 i "I am quite inditTero
. ut, papa,
crlMred upon his stick, and Ito did and pet haps he wo.ilel not come."
• not see them at oneII
c. 'Then he start- I 'It is p0ssi .... but not probable
el, and looked with his keen gray i We will see. Guildford shall muko
eye. which eventually fixed theta. inquiries about hint. lhte should en-
QQ a sn n • c • •e
! Nuruh made nu response. and in
rule looked neither embarrassed; silevu:o they rruchee.l the house.
selves upon the hau 1 t o tee of the
courage art."
tiR+0ii0i+f0!+0+0• Cf4i0N�Ct♦0+0.0+0.0f+040+0+0• Cf♦iCE•0•0A! Yuureg artist.
CHAlerielt VI. "Then, indeed. 1 have full euthor-
. sty for remaining. and ant trespaes-
It teas an awkward muuteorah
had descended upon then► like an al rug no lunger. You have tho good
fortunes to live in very beautiful sur-
parieion, and there was no time to roundii*gs. 1 don't think 1 ever saw
conceal the fury on the face of the a lovelier place."
one 111211. or the anger and iudigua- '•f have not been biro very long,"
tion on that of the other. said Norah. "1 only canto here last
It was usj ruttan awkward mo. night, and have seen very little of
mens for Norah; for, when you Como
to thiiik.o( it., what can a lady do ft."
under such circumstances? She can His brush halted, and be looked up
scarcely strike an attittelo and ox_ at her. Every word Hhe spoke had
claim, after the manner of old-fash- an intcuse t nigh tar hila.
boned heroines of romance, "Hold, "Only last night? How strange it
forbear!" must seem, to you!"
What Norah did was to look from "Yee, it is strange, very strange."
one to the other, and then. us the she asyepted.
blood slowly returned to her beauti- 'And delightful. I mean that a
fol face, to murmur: beautiful sereno becom eo twice us
"Fur shame!" beautiful when it. ie one's own."
Cyril Rurno's ince crimsoned. and, "Or when ono can make it one's
Aping tho manlier of the two men, he own," shs said.
hung his head for a moment as l u "Ole yes. Wo poor painters have
stouel without his hat. which he had great lien nsatiuns for our poverty.
just presence of mind to remove at Wo area here to -day, and gone to -
her appearance; but Guildford ilei- soli•row. but we can snatch some
ton's taco xeeme1 to grow paler and sort, of a reflection of the beauties
sallower, and his nostrils contracted which belong to other and more for -
as he breathe) hard and quickly, and tupato eings. This wants a bit of
life in ibt," ho went on without paus-
ing, and, jumping at an idea which
occurred to hint, an excuse for keep-
ing her beside hire a little longer.
"It would be a great thing it I
tried to quiet rho clog. which still
continued to threaten him.
Norah stooped down and caught
Casper by tho collar, and her move-
ment broke tho spell which seemed could put the dog in—just there, at
to have fallen upon Cyril and Merton. the foot of the elm." And he 4 oint-
"I—t'nn afraid my burse startled 441 to tho spot on the canvas with
you, Lady Norah," the latter said, 1 ho end of his brush. "Ho seems
t.vithout raising his eyes to her face ,luite quiet now."
after the first glance. "But—but this Gasper had th1•own himself down
—dog," he paused, slightly before tho almost at his feet, and appeared to
Nord, and it was evident that ho be enjoying a snooze after his late
only just succeeded In smothering excitement.
"cursed"—"always frightened mo. It
is a savage, ill-temperexd brute that
ought to have been shot long ago,
and—and I don't think you ought to
have him with you."
Norah patted Casper's head ad- and yet I don't know. Casper!
monishingly. Calling to !din, she led t• to the
"I don't think he is so savage. And foot of tho elm, and without. much
I nun not afraid of him." trouble persuaded him to lie down.
"llo always flies at me." said "Will that dor' she sail, smiling
brightly at her success.
"Admirably!" ho replied fervently.
"How very, very good of you! I
won't keep him more than a uniauto
or two!"
"Ole he'll bo good, I'm sure!"
Norah called hack, and. thinking on-
ly of the picture, and nothing of
herself, sho gently sank down on tho
MOSS. and laid her hart) on tho dog's
collar to keep him quiet.
Cyril did not speak again for some
minutes, but painted rapidly: then
ho looked up.
There was a faint flush on his tan-
ned face, and a light, lialftriuntphant
half-apprehenslve,in his eyes.
"I've got hint!" ho said.
Norah sprung to her feet. and came
behind hien, and uttered an exclanta-
t.ton.
He hail painted herself as well as
Casper.
Ile looked up at her face, that now
had more roses than milk in it, and
in a low, almost pleading voice,
said:
"Are you offended? l'ray, pray for-
give are. It wits such a temptation!
If you are angry—" And ho held
the wet brush over the figure in tho
picture as if he were going to daub
it out.
"No, do not paint it out. I think
the picture looks better with it figure
in it; and no one could tell that it
was rue.''
"No, ho; it is very gracious of you
not to Ito angry, for it was exceed-
ingly presumptuous of me."
".Perhaps it Casper and 1 had
known we were being !minted, we
should have put ourselves into a
more graceful puce."'
"lie is wonderfully quiet for so
savage a dog." .
")tut. he is not savage—at. least. i
will eRace myself as quickly as 'meet- am sure he is not. It is only with
sons
hie, and promis"'Thee not to newel, my pe The he does not like."
tilhmsanumn ho does not like tho gentle -
"You mean that you will go? unwho lett us it little while ago?"
Please do not; at y' anrote,
ufit nho said intorrugntivcl
you "N -o, I suppose not," assented
have finished your iiketcb." Norah.
• "You are very kind. 1 shall not "Would you think file very inquesi-
teke many nsieutos." tivo if I asked you who ho is?" he
"Ohl there Is no weed for you to said, gently aid respectfully.
hurry, and p/rbsp.. spoil it! 1 am "Itis name is Guildford llerton,"
sure the earl—my father—would be replied Norah nt once, "and he is a
only too glad for fou to sketch any great friend of m tether's."
tart of the lace. May I see it?' �'
1
"Certainly.P ".1nd of yours?' he said inn low
wire. "I cannot tell you how sorry
Norah went up to it, and looked nt I nm that 1 should have quarreled
it. and at once recognised that the with a friend of yours."
tre,.passer was net a more
"Ile is not rt friend of aline; 1
"it is eery prett.,y," she said, mean that. i scarcely know hint. 1
drennuly. "Tt would Baso been a saw hint for the first timw last
tliousenil pities to have left it me
"Yes," said Norah, innocently.
"Could you not sketch him from
where he is. If I made him get up,
perhaps he would not sit still again;
Guildford Merton, eyeing Casper side-
ways; "I'nt sure I don't know why."
There was a moment's silence.
Cyril resumed his packing up. Guild-
ford Berton stood awkwardly twitch-
ing at the bridle, then he said:
"It is a tine morning for a walk.
I have to go over to a distant pert
of tho estate for the earl. floocd-
tnorning, Lady Norah," and, raising
his hat, he got into the saddle, and,
with a swift glance out of tho cor-
ners of his eyes nt Cyril, rode off.
Norah hid gone down on ono knee
the better to hold and restrain Cas-
per while Berton wits present. but
she ruse now, and Cyril quietly carne
forward and picket) up her hat.
She took it from him with a sil.la
inclination of the head and it 'Thank
you," and was turning from hint,
when Cyril said M a low and earnest
voice:
"May 1 venture. to apologize fur
my share—the larger. I am afrni;l—
in the scene which I fear you wit-
nessed?"
"1—I don't think it was all your
fault," she said is as low it voice as
. his, but her lovely eyes met his
frankly and fearlessly.
"Nearly all. I was the offender in
the first instance. I am tres;'nosing,
and this gentleman very properly re-
quested mo to quit."
"Surely you were doing no harm."
"As to that, one does not know.
Q have disturbed tho game, m•
intruded on a favorite walk of vours
for instance."
"Not. of mine." she said. "I was
never here until to -day."
"I am "terry I should have spoiled
your ti1•itvisit to so lovely
Indeed, ed, its beauty, as I said. must
be my only excuse for intruding. i
•was so keen upon my sketch. Hut I
finished. Please on!" night.'
lie. seated himself on his esn ►- Last night," he said, dreamily.stool obediently. and took up hie
"1'e:v," she sale, "last night.." She
looked away from hits, then toward
palette and brushes.
)that, a lbrul little glade!" she him again. "Itave you been stay-
"What
nbsentl.'; "and how well you 1n" lune ie 0111, 'ugh?"
caught that team of light ntrus3 '1i•� he said, "only n very Short
the elm trunk." tune." lie took off his soft felt.
"Well, that isn't difficult—a trick
of Chinese white and ochre. You
Spoke rust now of the earl as your
int her!"
•' hey. 1 am Lord Arrowdale's
ewel:i,e.'...
Mother's Ear
A NJNO (/ MOYMfa•• IAO, NM1N
Muff, e N• AN ,N,AN?, AA. ,N1411.
M0M4M• rt'? canoe .tP•eI ►NA
acOTT'e EMULSION
•vn.t,e 1 •c►NA rwbSM
Novve.p�ri. r •• else
see eseirte •e sore AI N A
CMILO.
Sett t« !reee aerie-
St_ Oni >,o WNL O ele
-
Twine, eicu! it eA ( s6 Mu*1►t,. merle.
nor shy. but, going up to him, said,
quietly:
"'Phis gentleman is nuking a sketch
of the glade. papa."
Cyril Burne had risen, and now
raises) his hot.
The earl raised his with his accus-
tomed courtliness, and tho two mon most black in hue, and Norah stop -
looked at each other; the elder ono ped and looked after• her.
with veiled scrutiny, the younger "What a pretty girl papa!" she
with the frank respect duo to age, exclaimed. with tho prompt admire -
but with another expression which tion of one handsome woman for an -
Norah caught. but did not under- other.
bland. The earl turned and adjusted
"1 am gratified that you should oyeglassos.
deem our purely elyvan scenery ''Indeed! I did not notice. Ah. yes.
worthy your attention, sir," said the I see. Was she handsome? Ono of
earl in his dulcet tones. "Wo cannot tho maids, I presume. And yet, I do
lay claim to any grandeur, but—" not remember her face."
Ifo waived his white hand almost "I should so like to know who she
apologetically toward the beautiful is," said Norah. "She has most
sweep of woods and MI Is." beautiful eyes and hair."
"I ought to ask your pardon for The earl raised his brows as if her
trespassing. my lord," said Cyril curiosity about an inferior was inex-
Berne, "and would do so, but that . placable to him.
this lady has absolved nue." "I regret that 1 cannot inform
"My daughter has ,rightly interpret- you," he said; "but hero is Harman,
el my desire, sir," he said in his your maid; perhaps sho can do HO.
very best manner. "Art holds a pass Excuse me," and, with a wave of his
port which only the barbarian ro- hand toward Harman, which also
fuses to acknowledge. I beg you will served as a gesture of adieu to Norah
consider yourself free to wander any- ho entered the house.
where you please." Harman, who had Como out upon
Cyril Berne bowed, and the earl the terrace, evidently not. seeing
moved toward the easel. Norali and the earl, stood shading
"May one venture to ask rho favor her eyes with her hands and looking
of a sight of your picture, Mr —" after tho disappearing figure of tho
Ile paused. young girl.
"lturne, Cyril Berne," said Cyril. Norah went up to her.
"Ah," murmured tho earl, "I do "Who is that pretty
not think I have heard the name be- man?" she asked.
fore; hut, indeed, I have been so long "it is toy niece, my lady."
out of touch with the artistic world "Your niece! What is her name?
as to be ignorant of its most famous She is a very beautiful girl."
men." "Rebecca South, my lady. We call
"•I am one of the least famous, my her Decca. Yes, my lady, she is not
lord," ho said. bad looking," and she sighed.
"Then your merit still awaits its 'Mutt is scarcely giving her her
reward, believe mc," retorted the duo," said Norah, tvith a smile.
earl. "Does Hho live herr—at the Court?"
"I ought to -ask your pardon for "No, my lady. Bocce lives with
trespassing, my lord," said the earl, her granfather in tho village, but sho
raising his eyeglass and examining comas to see Hie—with tho house -
the sketch with tho appropriate air keeper's permission—my lady. She's
of critical attention. But as ho saw an orphan, my lady. and 1—" Hhe
tho figure of Norah ho turned his hesitated, "I look after her as touch
glasses upon the artist, and then es i can," and an expression of anx-
upon Norah with a veiled sharpness. loty atul disquietude crossed her face.
"is this the first time you have 'Poor girl! No Lather nor mother!
acted as a model, Norah?" I hopo sho comes to see you often,
"Yes" she replied, "and I did it Harman. You must be proud of hay -
unconsciously now. Mr. porno was ing so pretty a niece."
painting tho dog—" Proud? Oh, yes, miss; but—"
"Anel presumed to add another fig- Harman paused a moment, then went
ure." said Cyril, quickly, "and, with On as if explaining tho pause. "Bee -
your daughter's permission, retained ea's a good girl as girls go, may lady,
It on t.ho canvas; but if you have the but inclined to be flighty and light -
least objection, my lord—" ile took headed. If people would only not bo
up the brush ax he had dune before. so ready to toll her to her face that
"No, no," said the earl, evidently she's well favored it would be better
mollified by such prompt deference; for her."
"pray lot it stand. Lady Norah is "it must. be difficult not to be vain
rho best judge of the--er—conven- with such hair and oyes. An d I sup-
ancea"—ho said this as If ho meant poso Recce has a great many ad -
to imply that she was the very mircrs and is something of a flirt?"
worst—"and if sho flocs not object "'That's it, my lady," she said.
Ile shrugged itis shoulders "Her young head gets turned, 1'mt
slightly, as if the matter were really afraid. And—and there is no ono to
too trivial for elaboration. "Per- look utter her ns sho should be look -
mit ono to repeat my request that ed after. My father is old and rel -
you will use any part of Santleigh most blind, and I can't have her
you please for your sketch -book, Mr. with me always."
lturne, and to wish you good-bye. "Why not? Why shouldn't she
Curio, Numb." and ho raised his hat cone into the house? I'm sure there
As they were ascending the steps,
a young girl in a pink dress canto
fr a small doorway below the
terrace, and moved slowly toward
the shrubbery.
She was a Hlfun and graceful girl,
a brunette, with hair and eyes al -
his
girl, Ilar-
with a stately grace. is room enough.
Norah bestowed a bow and a smile "Ola, my lady!" sho said. "liut—
upon Cyril, who boot rcxrpertfully, fleece doesn't know anything, and
and the earl and Nora)* walked away. Mrs. Parsons—that's the housekeeper,
For some minutes the earl was sil- my lady—will not have young girls
ent; then in the softest and suavest in tho Court unless they aro properly
of voices, ho said: trolned."
"Ilnd you ever met that young "But ono can't bo born an accom-
►nan before, Norah? i'ruy pardon pushed servant.," said Norah, laugh -
my curiosity, end if it is unwelcome ing. "One must learn."
to you, do not gratify it." "Yes, my lady, assented Harman.
"Why should I not tell you, papa? "that's true, and Bocce could learn
she said. "Oh, no, 1 never naw hint anything, sho'x so quick; but—"
before this morning; and," she sine- "Well?" said Norah, who saw there
ed. "1 should nut have seen hits was still sotnot.hittg hehltxl.
then if I had not overheard him and "Alt. i►ny lady. you'll think mo un -
Mr. Berton talking." she sold, in- grateful and Bocce a foolish, con -
stead of "quarreling." ceited girl, and I'm afraid she is, for
"Oh! Guildford Horton and ho met the stupid child has got it into hoe
this morning. Does he—Guildford, 1 head that. She's above a serv'tnt's
wenn—know him?" place. my lady. And it's such a pity
"Evidently nut," said Norah, "tor for she's so quick with her .needle,
Mr. Berton was warning hint oft as a anti so apt at catching up anything
trespasser, whror--" in tine hook learning.".
"Yon interposed and gave him per- "I don't think any the worse of
mission to remain, put in tho earl, her for all this, and if you think sho
dryly; "and to recompense him per- would be happy, why shouldn't she
milted hire to insert you in his come and help you with my clothe*?
skeleh? • I'mafraid you will have a great deal
You forget, papa. that I do not ton much to do, and you would like
know he was painting me Ile was to have her under your charge. would
taking Casper's portrait." yen not?"
"Ah, well! Your friend is evidently "You aro very goer)• my lady,"
Hartman said, almost inaudilily.
a gentictnnn—"
"My friend, papa!" and she laugh- "Arid she will be glad to come, I
eel know. And as to me—"
"At any rate you were very friend-
ly... "l err well, then, that is Settled.
And, oh, Harman• you may tell Mrs.
"Why s1 Id i not be? Mr. 1t,'r- P8160113 that 1 will pay Rebecca's
ton had been so rude that i wanted wages. I and quite rich. ilow much
to ke it up to hint, to show t. hat. ought I to give hor? Please tell me
it was not your wish that he should the t rut h, naw!"
be 1rnl(,l n3 he had been." "Nothing, my lady. But, if any-
hnl, and pushed the bah from bis "I comprehend• but pardon Inc If thing, very little mitred."
brow,and turned his handsome (nee I venture to remark thnl. you IINIHt "'Twenty pounds a year?" suggcet-
loward her with a smile. "i night have misapprehended Guildford )ler- ell Norah.
to give some account of myself."ton. flo is incapable of rudeness." "No, my Indy," said Harman,
"Oh, it is not necessary," she mnur- Could it be possible thnt the earl, "that would be ton high a wage. and
mored.
"I let it is right that you should
know who it is—"
Norah, listening wish downcast "Guildford is a young muni of 'et, •
eyes, noticed the shnrp pause. great firmness and tenacity of ptir- "Well •" said Norah, though(fully,
"i haven't a cnrd," he went 011; pose• and ho is a model of courtesy - "where is the special wickedness in
ea poor traveling artist has very and forbearance. I fear that the that, Herman? if i earned any nton-
little use for such n Nuclei luxury; voting stranger must have been the e;y 1 should like to seen(' it. how I
but my name Is Cyril Ilurno. I get Person guilty of incivility." pleased, and T am sure fleece would
my living, such ns it Is. by painting, A swift denial rose to •Nornh's lips, buy very pretty clothes."
such as you see," and he nodded at but she suppressed it. "Yes. my lady." nS3ente•el Harman,
the Sketch deprecatingly; "and I nm
Indeed," he resumed. "the young respectfully, "she line good taste,
!staying nt the quaint little inn they man appears to me to hate any (hough where she got it—if you'll
scall The Chequers. 1 think hat's quantity of—will call it confides,•,.. make it ten pounds, my lady."
I) *lidless he will Dint n Iinishe,l "Very well." Said Nornh. •'1Ve11?"
1
ss,
Goodness is StrengtW.
•
LADAU
Tea Combines them All.
Sold only in sealed lead packets. By all Grocers.
Black, mixed or Breen. Highest Award St. Louft
1004
who seemed So kern and incisive an 100 much for so young it girl ns!
observer, should he beceived by Reece to have to spend on tire/in-1
Guildford Berton? for t hat's how it would nil go," tile!!
all. he laughed meetly. "excepting,"
and his voice grew grave end earn-
ent, "that I ane very, very grateful
to you for yonr kind pe•nliesi•►n to
finish my sketch." and he inclined his
heed milli it simple but deeply rc
spectf it gesture of acknowledgment.
picture from his little sketch, and it
will be represented In next year's
Academy as it portrait of Lady
Norah A rrowdale. Pot hates that
would nut altogether displease yoo, I
however."
she asked, with
man had looked
liar fixedness.
-Bogging your
she etpleintel, In
thinking (hat I
a merle, fur the wo-
nt her with a pe•cu-
ladyship's pardon."
a low voice, "I was
told your ladyship
THIRD ANNUAL REPORT
Sovereign Bank of Canada
Tho third Annual Meeting of Shareholders of the Sovereign Bane
of Canada was held at the Head Office, 'Toronto, on 13th lust, end viae
largely attended.
DIRECTORS' REPORT.
The Directors beg to present to the Shareholders tho Third Annual
Report, showing the result of the business of the hank for the year ended
21)th April, 1905.
Balance at credit of Profit and Loss Account on 30th April.
1904 $ 6,112.65
Net profits for the year ended 29th April, 1905, after deduct-
ing Charges of Management, Provincial Government and
Municipal 'faxes, all Advertising Expenses anti accrued
Interest on Deposits, and after snaking full provision for
all Ilad and Doubtful Debts 133,975.8?
$140,088.32 ,
This has been appropriated as follows:
Quarterly Dividends $65,000.00
Transferred to Reserve Fund 50,000.00
Written off Drank Protnises .. 10,000.00
Reserved for Rebate of Discount on lulls not yet duo 5,000.00
$130,000.00
Balance carried forward - 5 10.088.32 •
RESERVE FUND:
Balance at credit of account, 80th April, 1904 5350,000.00
Transferred trate Profit and Loss Account 50,000.00
Total, 29th April, 1905 - 5400,000.00
Tho crops in Ontario were below the average last year, anti the past
winter was one of the hr.rdeet for many years, but in spite of these cir-
cumstances every departnunt of the Bank's business has made good pro-
gress, and the outlook at the present tune Is distinctly favorable. The in-
crease of $2,624,751.50 in depoeits and $10(1,325 in note circulation cate
not fail to be gratifying to the shareholders, as it affords convincing evi•
dence of a growth of public confidence in the Bank, of which any Canadian
institution might be proud.
Tho assets show an increase of 53,06: ,831.49 over last year, and
amount to $11,669,905.58. Of this there is in actual cash or at credit
with our bankers $1,569,682,57 or more than the entire capital of the Bank.
The increase in tho "!Sank Premises" account is chiefly due to the pur-
chase of a valuable Pito on the principal financial thoroughfare in Mont-
real and rho erection of a first-class ten -storey building, the ground floor
of which will bo occupied be the Montreal Branch and the first floor by
tho general Manager and his staff.
The bei of Shareholders on 29th April, 1905, was 887 as cont -
pared with 841 in 1901, representing an average holding of 14.0.1 shares
per stockholder. This is a very wide distribution and affords satisfactory
security to the public. RANDOLPH MACDONALi), President.
COMPARATIVE STATEMENT.
LIAIILLITIF'E4. :10th Apt. '04.
Capital Stock I'aid up • .., $1,3($),000.00
Reserve hund and Undivided I'roflts ,.,. 356,112.65
Dividends accrued. but not due, and former
Dividends unclaimed ... 16,250.00
Sovereign (tank Notes in circulation ... 1,091,865.00
'i)oposi tit - 5,691,4 53.:3:1
I)uo to Banks in Great. Ibritain 148,31.3.11
20th Apl. '05.
$1,300,000.00
410,088.3e
16.537.50
1,198.190.00
8,316,204.83
428,884.93
58,601,074.09 511,669,905.58
ASSi•;TS'.
Cash and Bank llnlaners .. ...., 51,120,081.30 $1,509,082.57
Cash deposited with Government for
ity of note circulation ... 37,719.18 56,868.40
Bonds and Stocks 604,458.48 832,931.00
Lonns anti Discounts ... 6,720,772.34 8.919.582.1:1
Bank Premises, Safes, etc. ... 61,012.79 290,811.48
serur-
$8,601,071.09 $11,669,905.58
D. M. STKWAlf1',
Montreal, 29th April, 1005. 2ndl'iro-President and Gen. Manager.
PRESIDENT'S ADDRESS.
In moving the adoption of tho Directors' Report, the President spoke
as follos:
Thow'I)irectors and myself feel that the actual earnings and position of
the hank aro now sufficient to warrant an Increase in tho dividend. The
rato for the present quarter will bo 1 4 per cent., or 6 per cent. per an•
num. We fully expert to be able to maintain this rate, and also make
handsome additions to the 'Reserve lett nd,and otherwise strengthen the )intik.
The General Manager spent three months in Great Britain and tho
Continent, and was very succcseful in furthering tho interests of the Biotic
in England, and in the financial centres of Europe.
GENEIIAL MANAGER'S ADDRESS.
The General Mnnngcr stated that the surplus over all public liabili-
ties was $1,700,000, and over 40 per cent. of the assets immediately
available; the proportion of tho latter being 57 per cent. of the total,
depoelte. which woes a highly satisfactory showing.
The overdue debts were good. and only t.•mpornrily past due, the
Bank having written ort or provided fur all bad and doubtful debts out
•f tho year's profits.
The (tank had 28,725 depoidtars and 8,185 dlsroent customers, leak-
ing a total of 32,910, which he considered a splendid cl.'ntelle to have
aequlrcd In three years. The deposits average but 5311 per customer,
and the tonne Show an average of 51,400 per borrower, which ought to
satisfy the most exacting !shareholder.
Excluding directors applications for the new Issue of 'tock, the !Intik
had received strbsenlptfons for nearly 5,000 shereq, while the tient belie
was only 3,259. 'there wore only 272 shares 1.11 after allotment, anti
tltenw have teen nversut►Scrilwd for nearly tea times. iteferring to theme
facts, Mr. Stewart stated that this was the greatest complimentrho
managereene of the Sovereign Rank could have received, end it should be
a powerful influence in further establishing the cuntidence of tho public
in the Institution.
The following directors were nnanlrnonsly re-clectet—
Randolph Macdonald, A. A. Allan, D. M. Stewart, Hon. D. McMillan.
ITon. Peter McLaren, Arch. Campbell. M.P., John Pugsley, W. K.
Metiaught.
At a so!.sequent meet in of the llonrd, Mr. linnrlold,h Marelenald wet
erect. d i're•sident: Mr. A. A. Allen. first Vice. -President. and Mr. D. M.
Stewnrt, Second Vice—President and Cen••ral Manager.
that. you were not like the countess,
your mother; but i didn't know you
en well yesterday!" and she curtsey-
ed.
"Will von till Berra that I should
like to see her?"
Then she ran into the house. with
her heart lighter and brighter than
1t had been since she arrived nt the
Court, and altogether unconscious
that she had that morning forged
two links in the chain of her destiny.
('I'o be Continued.)
IIA'I' PIN HEADACHES
list pins worn by worsen to 9e('nre
their headgear are declared by Eng-
lish physicians to be one erf the
most snorces of headaches. :A
device recently has been put upon
the market in England to relieve the
headaches. Lancet, the leading Mk
fish medical and surgical authority,
claims that on a windy day the les.
erago on the room of the hair when
the large anti flapping hendgear is
egdeevoring to Sail away, is one of
the causes of the headache of which
most women complain niter a buffets
ing by elements. "II 1nut soulTrir
pour etre belle" is an old saying,
but many women do not know thee
they have only their :eats to thunk
for their headaches, while the aphor-
ism does not suggest that the eye-
sight of other people should sutler
for beauty's sake.
'feed—"Well, 1 See Mabel Carling -
horn.
th..e years. hes
given
utter nil
y
up trying to get )'hip Sikes." iron-,
—"What's the meson?" Mittel—
strain a11,1 save the women from the "lleven't you heard? She's got len".