HomeMy WebLinkAboutZurich Citizens News, 1974-02-28, Page 7THURSDAY, FEBRUARY 28, 1974
Hay Insurance grows
The 99th annual meeting of
the Hay Township Farmer's
Mutual Fire Insurance Company
on Saturday showed that 1973
has been the best year in the
history of the organization, as
far as profit and growth are con-
cerned. About 100 policyholders
attended the annual in the Hay
Township Ha Il, Zurich.
In addressing the gathering,
president Arnold McCann said
that "1973 saw the amount of
insurance at risk increased by
over eleven and a half million
dollars," He added that of
more importance is the fact
that the reserve for the policy-
holders protection increased
by almost $70, 500 on the
year's operation.
The president went on to
explain that in 1973 the comp-
any experienced an underwrit-
ing gain of over $38, 000 and
had financial revenue of al-
most $70, 500 on the year's
operation.
The president went on to
explain that in 1973 the comp-
any experienced an underwrit-
ing gain of over $38, 000 and
had financial revenue of almost
$32, 000 . Total assets of the
company are now in excess of
$511, 500.
"But why should a big strong
man like you beg?" the old maid
asked the tramp.
"Dear lady," said the hobo, "it
is the only profession I know in
which a gentleman can address a
beautiful woman without an
introduction."
Steer
This
Way
BY
LARRY
SNIDER
If a car runs hot when it
shouldn't, the reason may be a
bent or clogged exhaust pipe,
tail pipe or muffler, causing
back pressure.
Petroleum jelly on the battery
terminals will help prevent cor-
rosion buildup.
Along the Autobahn in Ger-
many, they're serving a new
kind of beer in restaurants.
Tastes' like ordinary beer, but
has less than 0.5%
alcohol—really "one for the
road".
Auto manufacturers are trying
to reduce the weight of cars.
They estimate a gain of one
mile per gallon for each 400
lbs. cut.
A California bank features a
photo -display of new cars and
a direct line to the local
dealers. Customers can shop
for a new car by phone and
immediately arrange for a
loan to buy it.
No special phones, but you can drive a
direct line to Larry Sniders for a look
at some really exciting cars,
larry Snider
MOTORS LIMITED
EXETER 235-1640
LONDON 227-4191
Huron County's Largest
Ford Dealer
Drive in soon!
Mr. McCann paid tribute to
the agency force and office
staff for the part they played
in the growth of the company.
He also commended the policy-
holders for their diligence for
keeping losses to a minimum
during the year.
In closing Mr, McCann
drew the meeting's attention
the fact that 1974 will be the
centennial year of the company,
and he pointed out that the
directors have commenced prep-
arations befitting the occasion.
The entire slate of directors
were returned to office for the
year. They are president elect,
Donald Campbell, vice-presid-
ent, elect, Cecil Desjardine;
directors, Arnold McCann,
Elmore McBride, Mel Webster,
Len Erb, Max Turnbull, Rein-
hold Miller, and Ted Steinbach.
Secretary -manager of the comp-
any is John Consitt.
ZIJRICi-1 CITIZENS NEWS 1PAGE 7'
Raise
county
(Continued trom page 1)
Indigent funerals will cost
more in 1974. The basic fee to
funeral directors has been inc-
reased from 5o300 to $425 and
the maximum allowable for a
funeral has been increased from
$500 to $750.
Library services in the county
will cost $218, 050 with a county
contribution of $133, 050. In
1973, the county share was
$95, 357.
"As in all budgets for 1974, the
main increase is due to the nec-
essary salary adjustments which
also reflect the increase in emp-1
loyee benefits, " said Chairman
John F. Flannery.
For the third time in the past
year, council was forced to re-
organize committees because
of a death among county counc-
illors. Roy Alija, deputy -reeve
of Colborne Township, died
suddenly recently.
Reeve Everett Mcllwain,
reeve of the Township of God-
erich, was named to complete
Mr. Allin's two-year term on
the Planning Board and the new
deputy -reeve of Colborne, not
yet appointed, will become a
member of the library board.
The steering committee for
the UDIBA study will be Warder.
13111 Estop.; James A. Mair,
chairman of the planning board,
Cecil Desjardine, planning
board member; Roy Westcott
and Elmer Hayter, both of the
land division committee.
The study team will be Ward-
en Elston, Mr. Mair and Plan-
ning Director Gary Davidson.
PHIL'S VARIETY
MAIN STREET - ZURICH
featuring a complete line of
Groceries * Confectionery
* Novelties *.
Phone 236-4930 for free delivery on orders of $5.00 or over
00 track b sting.
How you can help.
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The Ontario Task Force on Off -Track Betting
stated, in its report to the Government of
Ontario in 1972, that the objectives of an
off-track betting system should be to:
® suppress or, at least, reduce illegal
bookmaking
o provide a service to the public
o assist the horse racing industry
® provide government revenue
The Horse Racing Industry Committee for
Off -Track Betting* agrees with the Ontario
Task Force and believes that a good system
of off-track betting would:
• substantially reduce illegal bookmaking
on horse racing
• give the public a service that it wants
® give Ontario the best thoroughbred and
standardbred horse racing in the world
® benefit the residents of Ontario by
providing the provincial government with
millions of dollars in additional tax revenue
The announced policy of the Government of
Ontario is to introduce such an off-track
betting system and Ontario has requested
the co-operation of the federal government
in passing legislation to facilitate the
implementation of this policy.
If you would like to see federal legislation
passed to permit Ontario to have r properly
supervised system of off-track betting,
please complete the coupon which appears
below and send it to the Committee at
this address: The Horse Racing Industry
Committee for Off -Track Betting,
P.O. Box 6750, Station A,
Toronto, Ontario M5W 1X5
"The Committee consists of the following
persons:
Mr. Leslie Ehrlick, President, Ontario Harness
Horsemen's Association
Mr, Larry Regan, President, Horsemen's Benevolent
and Protective Association
Mr. Phil Sherwood, President, Canadian Thoroughbred
Horse Society
Mr. Aime DesRosiers, Chairman of the Board,
Windsor Raceway
Mr. John J. Mooney, President, The Ontario Jockey
Club
The Committee will see that your views are
made known to both the federal and
provincial governments.
I would like Ontario to have a properly
supervised system
From
of off-track betting.
(Name)
1®
W-162
SEND TO:
THE HORSE RACING
INDUSTRY COMMITTEE
FOR OFF-TRACK BETTING,
P.O. BOX 6750,
STATION A,
(Address) TORONTO, ONTARIO
M5W 1X5
01111101q nag MUM 11131161 914316111 Matt ESN WWI 111
1NN21 NIESS
MIME MEM IMO MEE IIMAHMI NMI INSWill BMA
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