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HomeMy WebLinkAboutThe Huron Expositor, 1965-07-08, Page 810 4 1- 7' 1 YS I ER!' mEs4,41kqE,...- , KEY*WO4E4 CLUE °7177!1111. A T A 0 T T L v 0 M -SOLIS E.UN Some letters have been removed from the box, and printed beneath. Put them back in correctly. A merry message will then appear, reading unbroken from left tp right, starting at the top left. Cartoon provides clue to the key -word in ,message: • 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 4 ••••-,V° '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 • $3* 0 '8 1‘1 $273*O24t •' 0 • ig 4 711 ° •17