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Home My WebLink AboutTimes Advocate, 1984-07-11, Page 51 •'r+1 'T. 19 Try, • me - CLINTON GRADS -- 72121(.1984 graduating class from Clinton and District Christian School includes (front row left -right) Melody Von Dorp, Koren Uyl, Karen Vriend, Debbie Limbers, Benice Raidt, Janine Buffinga, Frances Greidanus, Angelo Havorkamp. Second row, Mr. R. Schuurman, Sondra Rooseboom, Marilyn Werkema, Keith Verburg, Allan Vanderlaon, David Vanderwal, Steven Watt, Martin Vanmoar, Gary Blok, Wendy Raidt. Third row, Stephen Feddes, Michael Verhoef, Jon Kootstra, George Poortinga, Mel Vander Wal, Mike Branderhorst, Mike Dykstra, Steven Hamming. (Fitzgerald Studio Photo) By Jack Riddell MPP In response to industry re- quests, financial protection programs for grain, corn and soyabean producers were authorized by new legislation passed in the Legislature prior to the summer recess. Amendments to the Farm Products Grades and Sales Act and the Farm Products Payments Act provide the necessary authority to licence buyers and established finan- cial protection funds to cover short -falls in stored grain and default on payment. Financial Protection Pro- grams are now in place for milk and cream, beef cattle, egg and vegetable producers. Existing financial protec- tion programs generally in- clude four elements: licens- ing of dealers or buyers, pro- of of the financial responsibili- ty of dealers, mandatory pay- ment periods, and an industry -financed fund to compensate sellers in the event of a default. Since the amendment to the ach J 090fEin9J Protection for farm products Farm Products Grades and Sales Act apply to all products covered by the Act, the poten- tial is there for similar protec- tion program for other com- modities. Producers of other commodities are encouraged to consider this type of protec- tion. Some of these com- modities are not subject to dealer licensing legislation now and grain producers in particular have clearly in- dicated the need to have shor- tages in stored grain covered by such a fund. Now that the legislation has been enacted by the Legislature the Government intends to bring financial pro- tection programs for grain, corn and soyabeans into operation in the fall. Education commissions The Premier when making his announcement about Separate School funding in- dicated that three commis- sions would be established by the Minister of Education. The Planning and Implemen- tation Commission will guide and advise all Parties on the implementation of the new reform regarding Separate Schools. This Commission will be asked to conduct arbitration with respect to any disputes that may arise concerning capital facilities; consider the precise legal and financial means by the which the new policy can be implemented; receive and adjudicate on the plans of implementation sub- mitted by the Separate School Boards; discuss and make proposals concerning the matter of school board boun- daries; work with the Ontario Teachers Federation, the school boards and the Educa- tion Relations Commission to ensure that all teacher per- sonnel matters are addressed in a fair and equitable manner. The Commission establish- ed to enquire into the financ- ing of elementary and secon- dary education in Ontario will be asked to study the ap- propriateness of the current grant plan for elementary and secondary education; consider the degree of local participation through proper- ty taxes with due regard to local decision making and ac- countability; study the availability of resources to local school boards and the at- tainment of educational ob- jectives with due regard for demography and geography; consider alternative methods of financing elementary and secondary education with due regard for the allocation of responsibility for fiscal deci- sion making and accountabili- ty; address financial issues raised by constituent members of the educational community and other in- terested parties; make recommendations after due consideration and study with respect to the matters en- quired into by the Commission. The Commission'establish- ed to enquire into the role and status of independent schools in elementary and secondary education in Ontario will be asked to document and com- ment on the contribution of Independent Schools to elementary and secondary education in Ontario; identify possible alternative forms of government for Independent schools and make recommen- dations changes deem to be appropriate; assess whether public funding and its atten- dant obligations would be desirable and could be com- patible with the nature of their independence. These Commissions will be established by Order -in - Council and will be expected to complete their findings by May, 1985. Responses to the Commissioners' recommen- dations will be concluded by January 1986. BUYING FOR CASH At Centre Mall Main St., Exeter LONDON COIN CENTRE Specializing in Canadian 8 World Coins Paper Money • Military Medal Cap Badges Bullion Gold S Silver Traded CONDITIONS OF SELLING 1 Seller mi..' be 19 /ears o1 age or nave a letter 0 consenl 1rorn parent o• yuardan 2 Common s.i.er cons must be sorted into denommai.Ons 10' 15' 50'i and type 11966 a'o' prior 1987 or 19681 3 AN dems bought and paid 10rm cash 4 Due to market fluc luat.ons paces on Old gold and sliver bullon items are sublect 10 change without notice A11 other prices guaranteed for the duealion oI this event 5 AN Coins must be .n at least acceptable condition .n our minion in order for us to purchase them REMEMBER NO COLLECTION IS TOO SMALL OR TOO LARGE FOR OUR CONSIDERATION PLEASE DO NOT CLEAN COINBI GOLD & SILVER JEWELLERY STERLING SILVER In Any Form - Such As: Gold or Silver Necklaces Gold Rings (even i1 damaged) Charm Bracelets Old 101. 14K or 16K Jewellery Scrap Gold Dental Gold (old dentures) Sterling Silver Jewellery Sterling Forks - Knives Spoons Sterling Flatware Canadian or Foreign Medals Commemorative Metallic Art All Franklin Mint Silver or Gold Products Gold Pocket Watches and Fobs Gold Wrist Watche§ WANTED - Old Pocket Watches, whether or not in running condltlon GOLD COINS Canadian Gold Coins S 5 - 1912 1913 7914 510 - 1912 1913 1914 52 Newfoundland S20 1987 with presentation set 5100 - 14K 1976 1100 19/80,,,..-0 22K 1100 1,00 1977 proof 1100 1100 1978 (wool $ 200 c 100 4110 1110 1250 4260 4250 1360 4110 1210 1110 1979 Groot 1980 prop( 1981 (roof United States Gold Coins 51 / ss S2'le 1 85 53 $250 55 1110 510 ' 4240 520 *480 British Gold Sovereign Sovereign $ 90. 4 Sovereign 145. We also buy ALL other GOLD COINS one PAY COMPARABLE MARKET PRICES IN CASH CANADIAN O $ 3700 OLYMPIC COIN SETS per set 362 TALBOT STREET LONDON. ONTARIO N6A 206 (519)432-3341 File writ against bank • Times -Advocate, July 11, 1984 Peg. 6 Mc•r•gor LIv.gtockis flghtlng back McGregor Livestock Enc. at Hensall has begun to tight back against its chief creditor - the Bank of Montreal. The company, operated by Bob McGregor and his sons Jim and , against theGrantbank in filed Ontarioawrit supreme court in London last week, seeking an injunction to halt the sale of the farm. McGregor Livestock is also seeking financial damages. Rumored pending sale of the farm to foreign 'buyers was the basis for an attack against the provincial govern- ment on June 19 by Liberal agriculture critic Jack Rid- dell for not providing the family with emergency assistance. The McGregor writ was fil- ed last Thursday, the day before closure of the bank sale of the farm. Ironically, the prospective purchaser had failed to meet one condi- tion of sale, Ernie Morel, senior regional vice-president for the bank, said Monday, so it would not have gone through anyway. McGregor Livestock's financial consultant, Ron Phillips of Kingsmount Financial Services Ltd., Ar- va, and McGregor lawyer Richard Mantz of London said the family has instructed them to make no comment on the writ. "The writ speaks for itself, and a statement of claim will be filed, probably by Wednes- day," Mantz said. Because of the aborted sale, the bank will accept other of- fers, including any from the McGregors, Morel said. However, the bank has also thrown the offer back to the prospective purchaser, whom it has yet to name. "This latest writ just throws another wrinkle into the whole situation, but we hope it will get resolved shortly". - On April 30 this year, through receivers Touche Ross and Co. of London the bank auctioned off the equip- ment of McGregor Livestock Inc., rejecting last-minute of- fers by the Jim McGregor family to buy it back in a package. Not to be deterred, Jim McGregor bought back as 2 Days Only Friday, 13 July Saturday, 14 July 10 a.m. - 8 p.m. 10 a.m. - 5 p.m. CANADIAN SILVER COINS .40C Dimes .30 Dimes .20 Dimes 1966 0' prof 1967 1968 Silver Any Condition 1.00 Quarters .75 Quarters .50 Quarters HALF $ 2.00 HALF DOLLARS each pre 1967 DOLLARS UNITED STATES SILVER COINS 2.50 Half Dollar 1964 or Prior 1.25 Quarters 9.00 Pre 1935 Silver Dollar 196510 1970 KENNEDY HALF DOLLARS $1.00 each as these are saver clad CANADIAN SILVER DOLLARS 1935 1938 1939 1945 1946 1947 1947mi 1948 1919 1937 •9.00 • 12.00 6.00 • 50.00 • 12 00 • 35.00 • 00.00 1400.00 19.00 1950 to 1 96 7 •6.00 Prke may be activated for dar...g.d a bear worn cone CANADIAN LO CENTS Buv 1858 VG 1891 SD S(VG 1891 SO IL VG V.ctor.a VC or f1e'• %Edward VG or Bon. Gear G. V VG 0. Senn - 10.00 12.00 12.00 n 40 15 CANADIAN BMA..I CENTS 5.nyies 0„, 1922 VG 100 1923vG 9900 1911 vG 2.00 1925 0.00 CANADIAN NICKELS S1g10a •4„ Mete. Sc'aa • .. 1925 VG or Bene, 1100 1928 For A VG NO 00 1926 198 1.00 194 7 Ool vG or Penni N 00 CANADIAN 60 CENTS S.ngiea 99. •vo 1411 VG 1934 VG 1938 VG 1917 Mt VG 194(4 vO 7.00 20 00 0 00 7 00 1600 25 00 CANADIAN PROOFLIKE BETS 8... '1954 350 00 yvw 2 00 1954 95" 10000 •,•r, 400 1955 10000 •,7, 700 1955A„• 750 00 -o•, 7 00 1946 100 00 •G7, 7 00 1957 4000 •o, 700 '958 40 00 700 194 1500 •v'r 300 1960 12.00 1v'- 700 '961 12.00 .a7y 700 '94.' 12.00 .979 4 00 .96 ,9 . lir , 12.00 igen 10 00 196' 12.00 .y#. 500 1962 700 ,v#,, 2.S0 1 vis. •, • • 4 00 CANADIAN 17017061 DOLLA4 SITS 1971 10.00 1017 10.00 1972 50.00 197# 10.00 1973 10.00 1779 16.00 1974 10.00 191)0 25.00 1975 10.00 17A, 35.00 1976 12.00 '0112 20.00 1971 1972 1973 1974 1975 1976 CANADIAN CASID SILVER P0004 DOlLA4$ Nay 10.00 12.00 4.00 6.00 4.00 10.00 1977 1974 1979 1980 1981 1982 Licensed by Town of Exoto 5try 4.00 7.00 13.00 30.00 25.00 14.00 MILITARIA We will buy Medals, Awards, ner.Orati(,r,S Orders, Military Cap and Collar Badges. Below is a partial listing of the prices we pay tot different Mems: A: lo'CPCro•1300 t.&. finita: Se•v.re 100 Go, 01 Military Merit 100 rind Cer.tenna' Medal 35 4.. Cri.I .pope Siar 30 end krinciSennte 35 &lute /Incaguten 30 Dist 0 tyv.9 Goss 300 Polar Medals 250 *W Hume Badges 12 P E 1 H9N40de.s 00 N 0 lank 35 Nato N S Men MG 35 St John r usd.ers 10 Reg/ De Joliette 03 20 Mw101esei R Hu.on i 75 Gar service Order 1400 Bra War Medal 1914 10 MAdary Goss 75 NW Canada/Aida( Its V,cta.s Goss 0.000 (An Vol Service 10 Soot AMca (4mg 20 A, Face Modal 114 M.klary General Service Cnrysrer Farms 400 Cealeau Ga. 41110 on Detrol 400 Scots Fusa.ers Pyr H Reg t De Levis 20 Reg, De Ouebec 21 Cdn 1klmet Wates 40 BASEBALL CARDS We buy all baseball, hockey and non -sport rum cards, also Jello and Salada plastic baseball and hockey "coins", Beehive hockey photos. ODDS 'N ENDS Picture post cards of local in- terest. Nazi daggers, flags, Iron Crosses, badges. and other war souvenirs. swords, small an- tiques and collectibles. Carriage Clocks. Railway Wat- ches. Clocks. LockS. Handcuffs, RAF and RCAF Cloth Wings and _og Books. Lead Soldiers, Old English Boys' Adventure An- nual', Chums, Champion. etc.. Foreign Coins. Tokens. Bank Notes TF RMS: FREE APPRAISALS NO OBLIGATIONS CASH PAID ALL TRANSACTIONS FINAL much equipment nape felt he needed to keep the farm run- ning. He • then made a separate offer to buy back the farm itself, counting on his sons Steve and Murray to help finance the deal. By mid-June, it was learn- ed that the Bank of Montreal had accepted a purchase offer from another buyer, reported to be foreign. It was that of- fer which failed Friday. In the writ filed June 5 by McGregor Livestock Inc., the family wants the court not on- ly to impose an injunction• against the sale of the farm, but it also wants: • An order discharging a Dec. 9, 1981, debenture with the bank; • Damages -for breach of the bank's obligation to its customers; • Damages' for negligence in rendering financial and legal advice beyond legislated bal*powers; Damages for breach of trust in giving financial and legal advice to, McGregor Livestock Inc., to its detrirneht; • Damages for breach of agreerlent to lend; • Damages for wrongful ap- pointment of a receiver manager without allowing reasonable notice for redemption; • Damages for misap- propriation of funds payable to McGregor Livestock Inc.. funds wrongfully applied to the bank's loans receivable; ' An accounting of all tran- sactions between the bank and McGregor lives' uek Inc. • Solicitor costs; • Interest owning McGregor Livestock Inc. pur- suant to the Judicature Act; • Any other compensation the court might deem fit. Thank You We wish to thank all the people who made our Open House such a success by their presence. We especially appreciated the many floral gifts. Serving you is our pleasure. Dankeschein Ernts and Christia Ihrig DESIGN GRAD - Teresa Van Osch, daughter of Harry and Paula Van Osch, Grand Bend, graduated from Fanshawe College majoring in In- terior Design. She is a graduate of South Huron District High School and is presently seeking employ- ment in Vancouver, B.C. Hwy. 21 3/4 mile north of St. Joseph 236-7707 FREE INSTALLATIONS FOR THE MONTH OF JULY * Live Demonstrations * Leasing Available * Established Dealer * Fast, Friendly Service • CHANNEL MASTER SATELLITE RECEPTION EQUIPMENT c4Uen £bLa.. SATELLITE & ANTENNAS Main St., Thedford 296-5565 786-4848 1