HomeMy WebLinkAboutThe Huron Expositor, 1965-07-08, Page 810
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Answer; 1401V tI3A0 ino 11V. SISIINWS
COAL -FUEL -OIL
- WILLIAM M. HART
Phone 527-0870 : Seaforth
Arnold Stinnissen'
GROUP - LIFE - ACCIDENT and .,
SICKNESS - MAJOR MEDICAL
PENSIONS - ANNUITIES
Representing
un Life Assurance Company
of Canada
TELEPHONE 527-0410
Goderich S. East - Seaforth
Of • New
Hospital
The June meeting of
Catholic •Women's League wa
held in the parish hall wit
19 members present. The pres
dent, Mrs: Joseph Shea, open
ed the meeting with prayer an
a hymn .was sung, followed b
"0 Canada."
Mrs. ,Joseph Shea and Mrs.
James Delaney gave their re-
port of the annual convention
held at Chatham. The conven-
ers, Mrs, Joseph Ryan, gave
the •monthly report on Mem'.
bership; Mrs. Michael McLaugh-
lin, on Education; and.- Mrs.
Harold Meagher, on Spiritual
Convenership,
The guest speaker, Mrs. Jos.
McConnell, of Seaforth, gave a
very interesting talk on the
new Seaforth Hospital, outlin
ed its planning and the work
of the ones who participated
in the ,projeet. She also gave
a clear picture of the interior
and the layout. Mrs. Harold
Meagher thanked Mrs. McCon-
nell and presented her with a
gift.
the
s
li
•
d
y
Mrs. Hans Vonk won the
mystery prize. The meeting
was adjourned by Mrs.. Fergus
Horan, and social hour fol-
lowed. .
J. Chipchase
Goes to Tulsa
Jack Chipchase, of Hensall,
has signed a contract with To-
ronto Maple Leafs of the Na-
tional Hockey League.
chipchase, who . played four
seasons with Toronto Marlboros
of the Ontario 'Hockey Associa-
tion Junior A series, played a
nine -game tryout last year with
Tulsa Oilers of the Central Pro-
fessional Hockey .League.
Leaf officials said he probab-
ly will be assigned to the Oil-
ers, Leafs' farm club in the
7erve r 7 7 4 711, P14111
74-77* 7777 ,e77
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'10 • -
• HUBERT—ROE
A 'quiet wedding was solemn-
ized in Duff's United Church,
Walton, on June 19, at 2 pm.,
with Rev. J. Ure Stewart of-
ficiating, when Loreen Barbara
Roe, RR 1, Blyth, became the
bride of Norman Gilbert Hub-
ert, of Rivers, Manitoba. The
bride is the daughter of the
late Mr. and Mrs. Lorne , Roe,
RR 1, Blyth, and the groom is
the son of Mrs. Norman Hubert,
Seaforth, and the, late Mr. N,
Hubert'.
The churell was decorated
with bouquets of white mums.
Mrs. H. Brown was organist.
The bride, given in, marriage
by her brother-in-law, Mr. Lyle
Racho, chose a floor -length
gown of white peati de soie,
styled with a fitted bodice and
lilypoint sleeves. The scooped
neckline and bouffant. skirt
were accented with a panel of
fabric .flowers. The elbow -length
veil was held in place by a
headdress of fabric flowers,
The bride carried a white Bible
crested with red roses.
Mgron of honor was Mrs.
The Mayor, Members of the Council. and Ratepayers,
Municipality of the Town of Seaforth.
We have examined the balance sheets of the Munici-
pality of the Town of Seaforth and its affiliated bodies as
at December -31, 1964, -and the related statements of revenue
and expenditure for the year ,then. ended. Our examina-
tion included a general review of the ,accounting proce-
dures and Such tests of accounting records and • other
suppOrting evidence as we .considered necessary in the
circumstances. We report as follows:
(a) Except as noted in .(b)1 and (b)2 below we have ob-
tainett, all the explanations and information we have
required.
(b) All the financial transactions which have come under
our notice have been within the 'power of the Munici-
pality and its boards except for the following:
1. During the course of our previous year's, audit,
apparent. cash shortages were discovered in the
• records .6f the Ptiblic Utilities Commission, and ac-
cprdingly a special investigation of the accounts and
records of. this Commission was undertaken by us
,
Lyle Racho, Seaforth, sister of
the bride. She wore a street-.
length gown of blue slipper sa-
tin with white accessories, and
carried a bouquet of.. baby white
mums.-
The bridesmaid was Mrs. Reg
Smith, Mitchell, sister of the
groom. She was gowned iden-
tical to the matron of .honor,
and carried similar flowers. The
flower -girls, Misses Carol Ann
Racho and Susan Hubert,' wore
street -length dresses of pink
sparkle organza over satin with
white accessories,
Bestman was Mr, Robert, Hub-
ert, Seaforth. The guests were
ushered by Mr. Melvin Hubert,
Seaforth, and Mr. Roy William-
son, ;Walton. Master Kenneth
Pethick was ringbearer.
A luncheon was served. at the
home of Mr. and Mrs. Lyle
Racho following .the ceremony.
After a trip to Niagara Falls
and through Northern Ontario,
Mr,, and Mrs. Hubert will re-
side in Rivers, Manitoba.
Guests attended from Toron-
to, London, Stratford, Mitchell,
Seaforth and Walton.'
Town of Seaforth —Auditor's
first four months of 1964, ,we are not in a position
to express an, opinion on the balance sheets and
statements of revenue and .expenditure- and earned
surplus, of the Waterworks Department. and the
Hydro Electric Department.
•
2. Because of the lack of adequate control of .the
revenue of the Seaforth Community Centre we are
not in a' poSitipn to express an opinion on the cur-
rent fund. balance sheet and capital fund balance
sheet -and statement of revenue and expenditure of
this centre. •
3, On December 23, 1964, the Municipality of the Town
of Seaforth entered into an agreement with Frank
• Kling Limited for the construction of a sanitary
private drain connection to ,the Seaforth Commun-
- ity Hospital at a total contract price of $22,199.60.
The cost of the project is to be borne out of taxa-
tion revenues of the year 1965 and nociforior approv-
al „has been received from the Ontario- Municipal
Board. Work was 'begun on the project in Decem-
ber, 1964. However, no liability for work completed
is reflected in this stat ent
This investigation revealed cash' shortages , and (c) Theaudits have been co ducted in accordance with
probable cash Shortages of $17,511.17 as at May 31, the instructions of the Department of MunicipaL Affairs.
1964. Subsequent investigation revealed the cash (d) In our opinion, subject to the exceptions referred to
'shortages and probable cash shortages -to be in (b) above, the attached /balance sheets of the Muni -
$16,564.11. Details of these amounts were set ou
in our special report, dated -July 22, 1964, to the
Chairman and Members of the 'Public Utilities Com
mission.
Included in surplus accounts of the Public Utili-
ties Commission are charges in 1963 and 1964 totalling
$13,373.44 in respect of the Waterworks Pepatt-
ment and $3,190.67 in respect of the Hydro Electric
Department. These amounts represent cash short-
ages, including unrecorded revenue and probable
cash shortages, as at Detember 31, 1964.
No provision has been made in the financial state-
ments of the Public Utilities Commission for pos-
sible recoveries in respect to. these shortages.
• Be,cause of the lack of adequate control of the
revenues of the Public Utilities Commission in the
Capital and Loan F
December 31', 1964
t
ASSETS
• General Fixed (as per Schedule 18)
• Due from School Ratepayers (for de-
bentures)
Public And Continuation
Collegiate and High,
Due from Utilities and Other Muni-
cipal Enterprises (for Debentures)
Electric Light and Power System
Community Centre
Debentures Assumed by Other
(Schedule 2)
cipality of the Town of Seaforth and of its affiliated
boards and the related statements of revenue and
expenditure present . fairly the financial position of
the Milnicipality and the respective boards as at
December 31, 1964, and the results of their opera-
tions for the year .ended on that date.
In accordance with standard accounting practice.
laid down`by the Hydro Electric Power Commission of
Ontario, the accompanying electric light and power
statement of revenue and expenditure reflects revenue
for the twelve months ended November 30, 1964, and
electrical energy purchased represents the cost of
power for the twelve months ended November 30, 1964.
CLARKSON GORDON CO..
Chartered Accbuntants.
Licence No. 2198.
London, Canada.
May 13, 1965.
und Balance Sheet
$160,654.33
140,368.11 •
51,147.50
• 17,500.00
12,700.00
Municipalities
Other Tangible Assets (specify)
O.W.R.C. sewage installation
(cost)
Less municipality's equity
196,557.90
4,036.60
192,51.30
ASSETS
Cash on Hand $ 25.00 '
Cash in Bank 3,624.53 $ 3,649.53
•
IrOestments
• Dominion of Canada Bonds 24,500.00
Other• 24,500.00
Accounts Receivable
Sundry 51.71
Less Allowance for doubtful ac-
counts (Schedule 8) 51.71
Province of Ontario 4,471.42
School Boards 225.00
Other Local Beards and Conunis-
fsions (specify)
Public Utilities Commission 1,713.42
1,713.42
Taxes Receivable (Sehedule 5) 27,289.92 •
.37,289.92
• Other Assets. (specify)
Matted interest • 367.50
• 367.50
191,515.61
1/4 30,200.00
198,352.50
$773,243.74
Local Improvements
Schools
A
LIABILITIES •
$ 62,000.00
Public and Continuation 140,368.11
Collegiate and High 249,500.00
389,868.11
Public Utilities and Other Municipal
Enterprises
Electric Light and -Power
Community Centre
17,500.00
12,700.00
30,200.00
Total • 482,068.11
Other Long Term Debt (specify) ,
Due to Ontario Water Resources' Commission
under an agreement dated October 19, 1962, '
• expiring ,30 years from date of completion
with annual principal repayments of 2,018%
of tentative cost of $196,557.90 192,521.30
Investment in Capital Assets 98,654.33
$773,243.74
Revenue Fund Balance Sheet
• December
Total Assets
31, 1964
• LIABILITIES
Temporary Loans (Schedule 8) $25,000.00
' Accounts Payable -1,594.28
Debentures and Coupons Due
Interest 230,00 230.00
Deferred Revenue ($chedide 8)
Transient Traders licence fees
Surplus (Form. C)
$72,260.50 -,Total' Liabilities and Surplus
° 186.03
462.52
44,795.67
••7
$ 72,268.50
,eceive
Awards
Roses, Siberian iris arid can-
dles formed the decoration for
the . graduation dinner of the
Goderich Business College,
which was held at The Little
Inn, Bayfield, on Saturday eve-
ning, when. Martha and Earl
Heywood, of Wingham, enter-
tained the guests.
Typewriting awards for the
year were presented .by the
principal, MF
ls. . M. Weaver,
with the compliments of the
Business Educators' Associa-
tion of Canada. Mrs. Maryalice
Pearson won the Gold Medal
Award for 73 words per min-
ute on a 10 -Minute test with
two eriors. This is the second
gold medal award that has been
earned at the Goderich 13usi-
ness College. Silver IVIedal
Awards for 60-69 words per
minute were won by Teresa J.
Cundari, Mary Alice Babb and
Berva Allin. Bronze Medal
Awards for 50-59 words per
minute were won by Leny Wea-
terhout, Bette McConnel, Hea-
ther Winter, Donna Healy, Neil
JoSling, June Govier, Donna
Fritzley, Carol Adkin, Gayle
Collins, Marilyn Henderson,
Heather Mowat, Patricia Stowe,
Gregory McDonald, Lynda Croft,
Marlene White and Emmie Wib
.cox,
As soon as • the examination
results for' June are received
from the Association, diplomas
will be -issued by The Business
Educators' Association 'of Can-
ada to graduates.
,Gifts were presented to the
teachers of the school and to
those who assisted, in apprecia-
tion of their work.
Parents who are afraid to put
their foot down usually have
children who step on their
toes,.
Millstones for Roman , flour
mills were made from hard
Vesuvian lava.
Ton Se fort?
SEAFORTH COMM NI Y CENTRE
CURRENT BALANCE SHEET
December 31, 1964
ASSETS
$ 2,0Q5.46
532.50 $ 2,537.96
Cash
Accounts Receivable
Accounts Payable
Surplus:
Balance December 31, 1963
• Add excess of revenue over expen-
. diture 1,789.73
Balance December 31, 1964
LIABILITIES
621.34
$ 126.89
2,411.07
$ 2,537.96
CAPITAL BALANCE SHEET
December 31, 1964
ASSETS
Buildings .... - .. $ 72,104.61
Equipment 28,299.77 $100,404.38
LIABILITIES
Due to Town of Seaforth in respect
of debenture debt outstanding
Capital surplus:
Add debenture principal redeem-
ed during year
Balance December 31, 1963
$ 12,700.00
2,300.00
$ 85,404.38
Balance December 31, 1964 87,704.38
, $1,00,464.38
STATEMENT OF'
REVENUE AND EXPENDITURE
• Year Ended December 31, 1964
Revenue: -
Booth receipts• $ 1,225.00
Skating•
' 2,645.80
Hockey games , 1,370.50
Practice fees • 20.00
Hall and ice rentals ' 1,074.36 .
Curling Club • 800.00%
Grants: Town of Seaforth 3,825.00 '
Sundry 56.59 $11,017:25
Expense:
Wages 2,920.00
,Supplies , .... 534.73
Repairs 280.00
Light, heat, power and water 2,494.37
Advertising 83.65
Telephone 2253
Unemployment insurance and work-
men's compensation
Sundry
Debenture:
Principal
.Interest
• •Excess of revenue over expenditure
for year
38.18
29.06
2,300.00
525.09
9,227.52
$ 1,789.73
Report
Revenue Fund Surplus or Deficit Account
December 31, 1964
• Balance at January 1, 1964
Surplus or deficit included in Current Budget
Adjustments affecting operations of previous years:
(specify)
1963 and prior years' taxes written off 1,932.81
• Balance after above adjustments
Other transactions affecting surplus:
• Surplus used to reduee levy
Surplus or Deficit for the year (Form D)
Total of Debit and Credit colums
Balance of Surplus or Deficit at December 31, 1964
• (Form B)
C
Debit Credit Balance
$ 64,041.46
• $ 64,041.46
Statement of Revenue
'For" the year ended D
• REVENUE
Actual Budget
Total, Revenue from Taxation (Sche-
62,108.65
20,000.00
2,687.02
21,932.81 66,728.48
$ 44,795:67
and Expenditure
ecember 31, 1964
EXPENDITURE
• •
General Government
Legisla-.
2,483.03
11,148.34
• 7,731.05
dole 3) $171481.58 $170,380.50 Executive and
ebt Ch rges Recovet-
able (Schedule. 12)
Contributions, Grants and Subsidies
Governments:
Canada . ,
'Ontario—
Welfare Assistance 720.56
Highway Improvement 11,923.99
Share, of Liquor Lic-
ense Fees
Unconditional P e r
Capita' Grants
Other (specify)
• Reconstruction of
Highway No. 8,
1,276.00
6,925.40
33,371.20
tive
27,168.68 27,168.68 Administrative
Other
54,217.15
Other. Municipalities
County of Huron 6,080.89 • 6,808.89
Government Enterprises:
Canada—
Grant in lieu of taxes.... 2,041.00 2,041.00
Licenses and 'Permits (include dog tax) 2,798.10
Interest, Tax Penalties, etc. 4,261.07
(including $1,102.50 interest on
investments)
Other Revenues—
Rents, Concessions and •
Franchises 1,495.00
Fines 3,654.65
Service Charges 1,18156
Miscellaneous (specify)
Parking meters , .... ,. 5,775.01
Sewer rentals 7,565.01
Sale ,of cement mixer,, 150.00 —
Recovery of .fire protec-
tion costs , .. 278.64
Other recoveries 1,828.13
Provision. for, deferred
revenues 148.49 15,745.28.,
8,332.21
Gross Total Revenue
Surplus from Prior Years- used to •
reduce levy
290,853.96
e•
•
25,575.00
6,500.00
2,000.00
1,500.00
4,000.00
4,500.00
11,400.00
253,024.18
20,000.00 20,000.09
310,853.96
Protection to Persons and
Property
Fire • 5,903.15
Police 16,620.04
• Street Lighting 8,186.88
Protective Inspection 250.00
Other (specify)
C.N.R. Crossing 428.45
Reconstruction Highway No. 8
Public Works—Roads, Highways and
Streets, etc.
Sahitation and Waste Removal
Social Welfare (Schedule 10)
Welfare . Assistance 971.81
Institutional Care 504.33
Actual •Budget
21,362.42 26,070.00
31,388.52 37,085.00
33,371.20
27,609.40
9,74.1.53 57,560:00
1,476.14 • 3,600.00
Education, including debt charges
(Schedule 9) — 75,450.68 75,132.42
Recreation and Community Services 12,219.42 3,598.30
Debt 'Charges
Long-term debt charges
(Schedule 11) 77,164.66
Less own share of school
debt charges 27,005.88
50,158.78
• Short-term interest and
other charges 1,856.43 52,015.21 36,661.18
Discount for Taxes 413.06 650.00
Taxes written off* 1,856.56
Institutional and Public Utility,
Deficits and levies provided (specify)
Community Centre 2,825.00
__.._._
Capital Expenditures out of Revenue
• - (Schedule 13) 7,511.24
Joint or Special Expenditures
County Rates 26,478.99.
Maitland Valley Conser-
vation
345.05 26,824.04 26,135.06
Miscellaneous (specify) ,
Farm rebate " 113.65
Parking meters 2,986.47
Sundry 1,002.40
— , 4,102.52 3,707.22
2,825.00 2,825.00
. Gross Total Expenditure
_ . . .
Surplus for the Year
total Revenue Section', $310853.98 $313,624.18 Teta Entenditure Seddon
308,166.94 273,024.18
2,88.7.02
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