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The Huron Expositor, 1971-04-15, Page 8_SEAFORTH MONUMENT WORKS All Types of CEMETERY MEMORIALS OPEN DAILY , T. PRYDE & SON Inquiries, are invited - Telephone Numbers: EXETER 235-0620 CLINTON 482.9421 •• SEAFORTH: Contact Willis bundas Or Bill Pinder 527-1382 Bus. 527-1750. Township of Hibbert .1. March 15th,1971. To: The Members of Council, Inhabitants, and Ratepayers. We have examined the 1970 financial statements of the Corporation of the Township of Hibbert and its local boards which are listed on the attached Index. Our examination included a general review of the accounting procedures and such test of accounting recyrds and other supporting evidence as we considered necessary in the circumstances. • In our opinion these financial statements present fairly .... Auditor's Report the financial position of the Corporation of the Township of Hibbert and its local boards as at December 31st, 1970, and the results of their operations for the year then ended, in accordance with accounting principles .generally accepted- for Ontario municipalities applied on a basis consistent with that of the preceding year. Respectfully submitted, Monteith,Monteith & Co. Chartered Accountants Stratford, Ontario. Licence No. 3925 STATEMENT OF REY-EN-UE •AND EXPENDITURE, for the year ended December 31,1970 C.WiL. MEETS . The annual meeting of was held in the' parish hall Tues- Slay night and opened with prayer by president, Mrs. Hickey in absence of Father Consonsi. Mrs. Wm. Redmond read letters in regard to new altar cloths. Mrs. Jury Van Aaken read the treasurer's )..,„report and Mrs. Cyril Boyle' i*ported-344nemr, bers. . • Miss Connie Hickey reported the new slate- of officers. These am._ President, Mrs. John Franken; First vice president, Mrs. Bill Kinahan; Second Vice President, Mrs. Alex MacInnies; Third vice president, Mrs. Jerry Van Aaken; Treasurer, Mrs. Cyril Boyle; Secretary-treas- urer, Mrs. Neil Stapleton. Father Consona thanked Mrs. Hickeyfor her successful year she had. * 4,455 380 • - STA irEMENT OF CAPITAL FUND OPERATI N for the year ended December 31,1970 REVENUE Taxation Contributions from other governments..,.. Other ........ Total Revenue . EXPENDITURE General government ...... . . Protection to, persons & property F•iblic Works ,'..„ Sanitation and waste removal Conservation of health Social and:Amity services Recreatior'and community services a - prifinanCed capital outlay (Unex- pended capital financing) at the beginning of the year CAPITAL FINANCING Long term liabilities incurred Contributions from other Nil Nil governments ' Contributions froni the revenue 1970 ..... 1969 $ $ 17,300 31,600 25,5000, . .... CAPITAL OUTllAY Capital expenditure fund,for capital expenditure Total capital financing' Unfinanced capital outlay (Un- expended capital financing).,' at the end of the year 6,375 $ '49,175 2,429 $ 34,029 Protection to persons & property 31,875 Transfers to others .... 17,300 2,429 31,600' $ 34,029 Nil. Nil. Total capital outlay.......... 19'70' 1969 $ $ 196,682 196,745 107,645 10,128 $314,518 11,164 7,912 126,6'73 1,010 62 7,485 Community planning and development 1,208 Financial expenses 2,140 Education .............. . ... ... ; 112,235 County - share of eitpenditure 42,071 Other . ....... ' .. . . ..,..,... 8,240 Total expenditure(Statement 7, . Note 1) $324,655 $308,890 Ekcess of revenue over expenditure for the year ... , ...... .. , 2,847 Surplus (deficit) at th,beginning „ of the year .... ., . ... - 66,698 Surplus(deficit) at the end of the year...... ... ,. . $ 63,545 1,729 103,094 45,660 9,179 11,405 6,610- 126,003 451 . 543 ' 3,836 120,775 10,045 $327,502 5,628 55,07r $ 60,698 • ev erything f or a s000ther lig farm Cars, trucks; tractors, pumps, hydraulics, chain. saWs, °inboards and snowmobiles all need oils .and greases. Your CO-OP has got.them, Call your pretroleum driver far-whatever you need. He'll deliver„ Seaforth Phone $21.1910 164111E: liVRON EXPOSITOR, SEINFORTH, ONT., APRIL- 1971 gilf,S 0F Correspondent Mrs. C. Geddes. Visitors at the home of Mr. and Mrs. Charles Eyre on the holiday week end were Mr. and Mrs. William. Louth of Milibrook, Mr. and -Mrs. Fergus Wright and Larry and Dianne of Brampton, Mrs. Eyre of Sarnia and Mr. and Mrs. Ronald Eyre Every week more and more people discover what mighty jobs are accomplished by jw cost gxpositor Want Ads. Dial 527- 0240. A tiere is the machine that will go anywhere., any-time, whether it is on snow, ice, mud or water. SOLD and SERVICED by • Ai • and. family of Guelph. Guests at the home of M. and Mrs. William Smith were Mr. and Mrs. Ken Gardner and family of Downsview. Visitors with Mr. and Mrs. Leo Teatroe , on the week end were Mr. and Mrs. Gord Bryant of Peterborough. Guest of Mr. and Mrs. Ivan Carter and family was Mr.Donald Gardiner bf Flint, Michigan. Visitors at the home of" r•„ and. Mrs. Elmer Stephenson were Mr. and Mrs. Tom Partridge of Weston, Ontario and Mr. and Mrs. John Whiting of Brantford, SEAFORTH 10'- CHELTENHAM 2 In the fourth game of the OHA Intermediate 1,0" Finals played in Seaforth Tuesday night the Seaforth Beavers whipped the Cheltenham Harvesters by a 10- 2 margin to. take a 3 - 1 series lead. The game saw both teams capitalize twice in the first period as the play travelled from end to end. Ed. Domage and Bill Mc- Laughlin scored for the Beavers before Roger Enge replied with. two quick goals for the visitors. The second period was much the same as the first as the play travelled from end to end. How- ever the Beavers managed to capitalize twice on goals by Bob Beuttenmiller and Jack McLlwain to give the home squad a 4 - 2 lead after 2 periods. The third period proved 'to be all Seaforth's as they completely dominated the play and they, counted 6 unanswered goals to down the visitors,. Bill Mc- Laughlin and Bob Beuttenmiller each scored twice for the Beavers while Bill Weber and Jim Sills added singles: A total of 12 minor penalties was handed out with each team receiving 6. The game's three stars would go to the Doig - McLlwain - McLaughlin line as they completely controlled the play whenever they were on the ice -and scored at will. The line picked up a total of eleven points and scored four times with Bill McLaughlin getting three of the four and Jack McLlwain getting the other. The victory moves the beavers to within one win of a provincial title as they lead the Series 3 games. to one. The fifth game is scheduled for Seaforth this Thursda_y evening (to-night) with game time at 8:30 P.M. CHELTENHAM 9, SEAFORTH 5 The Cheltenham Harvesters upset the Seaforth Beavers in a game played in Mayfield Thurs- day evening.' The win narrowed the Beavers edge in the series to 2 games to , The Harvesters started strong before the Beavers got off the track and opened up a quick 6 goal lead in the first 10 minutes of the game. The Beavers narrowed the margin to 6-2 before the period_ ended. Neil Sharpe and Bob Mills each scored 2 goals for the home team while Alex Smith and Bob Harri- son added singles. Jack Mcllwain and Jim. Dick replied for the Beavers. The second stanza saw the Beavers score two unanswered goals as they roared back to narrow the margin to 6-4. Jack Mcllwain and Bill McLaughlin were the Beaver marks-men. The Harvesters came out to play in the third period and Roger Enge gave the home squad a .3 goal bulge at the 6:04 mark. , It was all Cheltenham from this point on and Sharpe and Harri- son scored before McLaughlin replied with only a minute left. The final count was 9-5 in favor of the Harvesters. Only four minor penalties were called with the home squad picking up three of these. The game's first-star would go to Neil Shrne of the Har- vestors as he scored three times for the home e_quad while. also picking up three assists. Bill McLaughlin was the Beaver's outstanding player with two goals and two assists. The third star would go to the Harvesters' 'Bob Harrison as the outstanding def- .ensive player. He managed to score twice and add three assists. Has -Meeting •Memb_ers of the Marian Rit- chie Auxiliary. and the Home Helpers were guests df the Wom- en's Missionary Society, for the Easter meeting held in the church Sunday School rooin on Thursday. A social tim a was enjoyed at the nobn hour., The president, Mrs. Mervin Dow presided for the meeting which followed, and led in the Easter Worship Service with Miss Olive Speare and Mrs. M. Lomond assisting with Seri p- ture reading and, Meditation. Routine reports were given by the secretary and the treasurer, Mrs. Calder -McKaig reported 17 cards and visits to the sick. Film strips The I and the Thou" and "Members One of Another" were shown by Mrs. T;,L. Scott...The roll call was answered with a Verse on "Res- urrection" and each member gave a short Easter message. The service was interspersed with several Easter Hymns. A closing poem by. the leader and the Lord's prayer in unison ciosed the, meeting. aeavelts. N E.G MONDVILLE SEAFORTH IV 41 HOMEMAKING CLUB The Seaforth IV Sewing Club met at the home of'Joanne and Christine Groothius when min- utes, were read by Joanne Groo- . thins. At a subsequent meeting at ihe home of Janet, Mary Ann <11 and Elsie Klaver minutes wece read by Janet Klaver. A dis- cussion period followed on when . to wear shorts or sleeks. ' EUCHRE PARTY The last euchre was held in the' Parish hall Friday night when winners were: First, Gus Dev- ereaux; Second, Father Phalen; Ladies, Mike Boyle; Second, Mrs. Vera Errington; Door prize, Gus Devereaux. Miss BOO Devereaux visited her parentS for Easter. Mr. and Mrs. Bill Kinaha.n and family spent Easter with Mr. and Mrs. Donald Moylan, St. Columban. Mr. and Mrs. Mulherrin arid Rita of Chatham visited Mr. and Mrs. Cyril Boyle for Easter. Mrs. Elmer Foron visited her son, Mike and Mrs. Foron. Mr. and Mrs. Joseph ,Hast- ings visited ancL,Mrs- Ciis Redm ond. The Legion Bowling League wound up the winter's play with a dinner and party at the Legion Saturday night. • In ,the upper picture the play-off winners are (left) Mrs. Neil Bell, Gordon Scott, Mrs. Al Smale, ,Jack Eisler, Mrs. Don Eaton and Bill Eisler. (BeloW) (left) the league winners are Ai Sinale, Mrs. Don Kunder, Alvin Hoff, Mrs. Al Nicholson, John Ungarian and Mrs. Bill Eisler. (Photos by Phillipi) VARNA Correspondent , Fred McClymont large congregation filled the United Church last Sunday ,morning with the pastor Rev. Murdock Morrison in c'harge. A number of Easter lillies were placed by members in memory of loved ones. The Varna and. Goshen choirs presented an Easter Cantata with Mrs. Doug - McAsh at the organ. Among the many visitors over the weekend wereMr. Floyd McAsh of Hamilton, Mr. and • Mrs. Robert Romney and family of Victoria Harbour, Mr. and Mrs. George Dawson of Hensall, Mr. and Mrs. Bob McClymont, Michael and Shannon of Guelph and Mr. and Mrs. Doug Proctor - of Toronto. /1. CONSOLIDTED BALANCE SHEET as at December 31, 1970' Accounts receivable. .... .... 145,027 141,941 Taxes receivable 31,061 28,173 Other current assets-,... , 1.' 1 500 500 Total current assets ... $176,588 $170,614 Capital outlay to'be recovered .in future years ,..,,•--64,591 53,172 Total assets ........ . ASSETS $241,179 $223,766 1970 ' 1969 ' $ LIABILITIES ' Temporary loans 106,685 100,750 Accounts payable and accrued liabilities .... 4,411. 5,562 • Other current liabilities. 1,94? ' 3;60e-- - Total current liabilities .. $113,043 $109,918 Net long term liabilities (Statement 7,Note 64,591 llnaopreeriated balances 63,545 Total liabilities .. $241,179 • 53,172 60,698 $223,786 D N' WAIT TILL SPRING GET YOUR , GRAIN CORN CONTRACTS APPROV D BEFORE THE RUSH NOW IN 11'OCK GARDEN SEEDS WAI SEEDS, FERTILIZER SEED GRAIN SEED -CORN • NOTES 'TO FINANCIAL STATEMENTS $ 7,990 $ 64,591 Total charges for the year for net long term liabilities were as follows; Principal Payments interest . The, total charges shown above were paid' from the general revenues of the municip- . linty and are included in expenditure classified under public works, unclassified (See Statement 1, "Total Expenditure"). Net Long Term Liabilities to be Specially Assessed • Tbe net 1011g term liabilities, the terms *I1i0h *111 require Certain land's to be • Ailetilally assessed, have been included in ..!,:tti* net Intite, tern classified under general municipal activities. The bases and the amounts of these assess- ments are as follows: The Tile Drainage Act (These amounts are included With, "Net Long Term Liabilities - General Munic- ipal Activities" on the Capital Fund Balance Sheet, Statement 3.) 3. Basis of. Consolidation The Consolidated Balance Sheet reflects the assets and liabilities of the revenue fund and the capital fund of the municipality. Assets and liabilities Of local boards have not b'een consolidated. (See Statement 3). LIBERAL DISCOUNT FOR .CASH4e. . • A FU,LL LINE OF FENCING .UPPLIE,S STEEL AND CEDAR ppm OPNOTCH TOPNOTCH FEEDS LIMITED • a 25 gallon drum of HD 7 motor oil • a 25 gallon drum of SERIES 3 motor case of Lubco Multi-purpose grease • $40.00 worth of HD 7 or SERIES 3 motor oils or Lubco or Co-fax greases Ask about this specjal bonus offer and get everything you need for a smoother running farm. With CO-OP petroleum products quality and value are included. SEAPORTH FARMERS $ 5,862 2,128