HomeMy WebLinkAboutZurich Citizens News, 1969-05-08, Page 7THURSDAY, MAY 8, 1969
ZURICH CITIZENS NEWS
PAGE SEVEN
NAM TILE C0 MY LIMITED
PLASTIC,' E' CONCRETE TIL.
NENSALI.- • ONTARIO
RECEIVE GOVERNMEN i HELP •—The newest industry
in this area, Big "0" Drain Tile Company at Hensall, last week
were awarded a loan of $52,000 from the Ontario government,
to assist thein in further plant expansion. The announcement
of the loan was made by Provincial Treasurer Charles S. Mac -
Naughton, who is the Huron MP.
Government Loan For Tile Manufacturer
Treasurer Charlec' aughton
announced last Wednesday
afternoon that a cheque in the
amount of 7)2, 000 was being
mailed to the Big "O" Tile
Drain Company l.td, of Hensall
from the Ontario Development
Corporation,
The interest free loan granted
under the province's Equalizat-
ion or industrial Opportunity
program contributes toward
the cost of $1.74, 7tOtt plastic
drain tile plant, south of
Hensall, The company start -
About People
You Know .. .
Hiss Oliver O'13ricn returned
home last week after being a
patient in Sr. Joseph's Hospital,
London.
Mary Beth Iluencer, infant
daughter of l.ev, and Mrs.
John iluethcr was baptized in
Emmanuel United Church last
Sunday afternoon. Conducting
the ceremony was the Rev.
F. H. Paull of Bayfield, Out
of town visitors for the occasion
carne from Listowel, Guelph,
Kitchener and Morriston.
Mr, and Mrs, Bob Nlerner have
bought the property in Zurich
owned by Mrs. Nlarjorie Weide,
ed production in September
and nnarkered over 1, oli , Oou
feet of its product before
the end of the year.
Principal use of the plastic
rile, witicit is being produced
in diameters of up to •1 inches
and 2.10 -foot lengths, is farm
drainage is Southwestern
Ontario: where drain tile has
been in short supply. Ilowever,
the almost unlimited users for
rhe product have prompted
enquiries front all across
Canada,
"This is the third E.T. 0 .
loan for Huron County outside
Centralia industrial Park,"
noted Nir, McNaughton, MPP
for 1luron. "I ant pleased to
see development in nearby
centres and T anticipate that the
industrial park will encourage
other industries to locate in
neighbouring. communities."
":As T have indicated on pre-
vious occasions, our intention
is to allow for a period of
consolidation al Centralia
Industrial Park before Phase 2
of the development is launched.
During the interim period, 1 am
hopeful that a number of pros-
pects will consider establishing
new operations in the surround -
VILLAGE OF ZURICH
s
PUBLIC NOTICE
IS HEREBY GIVEN THAT
Dogs in the Village
Must Not Run At Large
By-law No. 46, 1964, section 7, says: "No person shall allow
any animal to run at large or trespass within the limits of
the Village of Zurich".
RESIDENTS ARE ASKED TO KINDLY
COMPLY WITH THIS REGULATION
BY ORDER,
THE. VILLAGE COUNCIL,
Carl Thiel,
By-law Enforcement Officer.
Mg arca," NIr. McNaughton
stated.
The Hensall firth plans to
produce larger sizes of rile in
the future, from 8 incites in
diameter upwards, and will
construct an office addition
to its plant this spring.
The new plant has a capacity
of G million lineal feet
annually . It employs 10
people and is operating 24
hours a day.
The ODC loan will not have
to be repaid if the company
meets certain conditions over
a six-year period.
Royal Trust Offers
High Interest Rate
A new issue of Royal Trust
Company Mortgage Corporation
debentures, paying interest
at the rate of eight percent per
annum, was announced this
week.
Royal Trust Mortgage is a
wholly-owned subsidiary of
Royal Trust, Canada's largest
trust company. Its funds are
funnelled in the form of
first mortgages into a wide
range of building, primarily
residential across Canada. Min-
imum denomination of the
issue is $500, with larger
denominations also available .
in multiples of $100. Terra
ranges between six and ten
years.
The debentures are regarded
by the company as not only a
good investment for the indiv-
idual, but as a means to raise
additional funds to bolster
Canada's building program.
Royal Trust, of which the
Mortgage Corporation is a sub-
sidiary, has long been a
leader in both the mortgage and
investment management fields.
It has $8.9 billions of assets,
NOW AVAILABLE
DEBENTUES
OF THE ROYAL TRUST COMPANY
MORTGAGE CORPORATION
For as little as $500, you can take advantage of this first-rate investment
opportunity offered by Royal Trust Mortgage (a subsidiary of Royal
Trust, Canada's largest trust company).
The minimum denomination of this debenture issue is $500 but larger
denominations are also available in multiples of 5100. Choose the term
to suit yourself - between 6 and 10 years.
Interest is paid semi-anr.ually in June and December; either directly by
cheque or into your Royal Trust Savings Account. Whichever you prefer,
Also, Royal Trust Company Mortgage Corporation debentures are fully
registered and transferable.
Whether you have a modest amount to invest, or a fortune, Royal Trust
Mortgage debentures offer maximum security combined with high income.
For Debentures or further information,
complete the coupon and mail to
the Royal Trust Office nearest you:
137 Dundas Street, London 434-6095
525 Talbot Street,
St, Thomas 633-0950
453 Dundas Street,
Woodstock 539-2051
Walper Hotel,
1 King Street, Kitchener 518-6900
The Royal Trust Company
Mortgage Corporation
•
REQUEST FOR ROYAL TRUST COMPANY MORTGAGE
CORPORATION DEBENTURE
Please complete, attach your cheque payable to The
Royal Trust Company Mortgage Corporation.
NAME: MR./MRS./MISS
ADDRESS
TEL. BUS. RES,
Amount Period
Signature
Please send further information C
L
J