Clinton News-Record, 1958-11-27, Page 9makes it easy to plan
a life Insurance Pogrom.
See Jack McKnight
Clinton
HU 2-3876
THE PRUDENTIAL
insurance Company of America.'
0 mutual life insurance company
Head Office:
Toronto, Ont.
Application -tor a Corporation
loan should be submitted, to the
nearest Central Mortgage and
Housing Corporation offide. The
application must be approved be-
fore construction of the house 10
started. An application cannot be
approved if work has proceeded
beyond the bare excavation stage.
To complete the Application for
Loan under the National Housing
Act, 1954, (Form CMHC 70), the
following information is required:
1. Complete details of the lot in-
cluding, if available, a survey
and legal description of the
land.
2, Plans and specifications of the
house, A convenient outline
specification f or m (Form
CMHC 24) to be completed by
the applicant and the contract-
or is provided for loan applica-
tion purposes.
3. A breakdown of overall cost
and proposed financing,
When formal application is made
the applicant must be prepared to
pay the application fee and sub-
mit:
(a) Three copies of the Applica-
tion for Loan form giving all
information requeSted.
(b) Three sets of plans and spec-
ifications.
(c) One plot plan.
(d) Refusal letter(s)
(e) A statement from the appli-
cant's bank, or other evidence,
as proof that the applicant
has the required equity. ,•
(f) A letter from the applicant's
employer confirming his em-
ployment and earnings.
(g) A letter from the applicant's
contractor to the applicant,
acknowledging that he under-
stands there will be a 25 per-
cent holdback on each loan
advance which will not be re-
leased until expiry of the lien
period, or evidence that inter-
im financing will be available
to the applicant.
If the loan application is not
approved the application fee is
refunded. If the application is
BINGO
GODERICH
PAVILION
EVERY
WEDNESDAY
at 8.30 p.m.
Sponsored by Goderich Lions
Club for Welfare
Admission: $1.00
SPECIAL JACKPOT GAME
BOOSTS TOTAL POSSIBLE
PRIZES TO OVER $500
tfb
withdrawn for any reason, other
than approval of the loan in an
amount less than that applied for,
the fee is not refunded.
If the application is approved
the Corppration will issue a com-
mitment in writing, return two
sets of the plans and specifications
and notify its solicitor or notary
to prepare and register a mort-
gage deed.
Construction must be started
within 90 days of the date of the
approval letter issued by CMHC
in the case of loans to home-own-
er applicants in areas under 55,000
population. For areas over 55,000
population and for builder's loans
the house must be started within
60 days of the Corporation loan
approval.
If construction is not started
within the specified period, appli-
cation may be made to the Corpor-
ation for an extension of time.
Such application must be written
within 30 days of the expiry date
of the specified period. If approved,
the extension will be for a period
expiring not later than 30 days
from the date of approval. The ap-
plication fee is $5.00 per unit and
only one such extension may be
obtained.
Loan Advances
It is customary for the owner's
equity to be put into the property
before advances are made on the
loan. Advances on the loan are
then made at intervals during con-
struction and the borrower is en-
titled to at least four.
The timing Of advances will be
adjusted to suit the requirements of
the borrower and the Corporation,
with the Corporation retaining suf-
ficient mortgage funds at all times
to ensure reasonable completion of
the house. Title to the lot must
be in the borrower's name before
advances are made on the loan.
I
Regulations. Attached To Application
For ..Building Loan Under .1411A Plan
Anyone planning to build a home under the National Hous-
ing Act by berrewing money from Central Mortgage and liaising
should. be interested in. this outlined method for making applica-
tion for .such a loan. Further details may be had from the
C.M. & B.C. office in Kitchener.
Molasses does three things for your livestock
1. Palatability — appetites are good with molasses.
2. Laxative
3. Tonic — there is something about it that has a tonic
or conditioning effect.
'5-10% molasses for cat-
tle and 2-3% for hogs
will help your stock feed
better this winter, With
.our Champion mill we can
'blend "heated molasses
'with your grain and our
,concentrates.
The cows will like it
.rind milk well too.
Clinton Farm Supply
FARMERS
We are shipping cattle every Monday for United
Co-operative of Ontario and solicit your patronage. We will
pick them up at your farm.
Please PHONE COLLECT not later than Saturday nights.
Seaforth Farmers Co-operative
H. S. Runt, Shipper
Phone '773
43-tfb
""-`4',",');", •
gee and drive your new dimension
in motoring at
Dalrymple's
C. Nelson, Prop.
CLINTON MOBILE MILLING
JACK CLEGG Phone HU 2-9783
HU 2-9613 CLINTON airy e & Son
PHONE HU 2.9271--- ORUCEPIELD, ONT,
Ask about seasonal loans
at HFC
If shopping expenses are greater than
you anticipated, you're invited to
call on Household Finance. HFC
money service is understanding and
Prompt. Yen maY borrow up, to $1000
and choose your own terms—uP to
80 months to repay, HFC is Canada's
leading consumer keno° company—
the only company of Its kind backed
by 80 years' experience. rhone
visit HFC today.
HOUEVOLD gum
rt
M. R. Jortkins, Manny
$5A West Street Telephone 1501
GODERICI4
SERVICE
Dealer
Nov! CARL CAN i'LLON
DON'T LET WINTER GET YOU DOWN
See
Your
Neighbourhood
CITIES
Use the Petroleum Products that will see you safely
and economically through winter — CITIES SERVICE
REGULAR and PREMIUM GASOLINES and New 5D Low
— 30 Koolmotor Oil — the perfect combination for most
efficient operation.
Cantelon's Service Station
Corner Mary and King Streets
Phone HU 2-9032 Clinton
NOMMON:140:4440:4444
When they are eat-
ing well, they are
;A:eor,4 „ gaining well
MOLASSES HELPS BOTH
0:01111. HOCKEY OUTFITS -- Built on the famous
"TACICABBBRY" Last. fitted with C.S.M. Tatbe Skates. 23,95 La 57.50
NORTH ST.
Goderich, Ont.
L 0. Whetstone ='
PORTER'S HILL
Correspondent
DON WARMS
pimp() Clinton VW $4362
A social evening was held in . Porter's school -cm Friday last.
Progressive 500 and euchre were•
plaYed. Prizes in .euchre went to,
high lady, Mrs. A. McMichael!,
high man, Alex McMichael; low
lady, Mrs, Edward Grigg; low man,
Lloyd Cooper. Prizes in "500" went
to, high lady, Mrs, William. Cox;
high man, John Watson; low lady,
Mrs. Ray Cox; low man, Argyle
Lockhart.
Lunch was served and dancing
followed.
The Sunday School of Grace
Church will hold their .annual
Christmas Concert on Friday, Dec-
Men's Sizes - 3 to 12
worth up to $16.50
11 Perfectly
Matched
0 Leather
Lined
This SEMI-PRO "Action-Built" HOCKEY
OUTFIT is built to give comfort, protec-
tion and season after season of rugged
service . . . for pleasure or hockey. Whe-
ther you're a forward or a defenceman,
you'll find these finely balanced, matched
tube skates will provide dexterity in
rough corner play . . • plus giving you the
speed needed for rink length rushes.
M astercraft" Hockey Outfits
and Equipment — Top choice with
Young Canada a Canadian Tire Exclusive
Leather-lined boots feature supple, black
top-grain leather with contrasting tan
trim; cross-stitched full-leather lining;
reinforced box toe; padded tongues; re-
inforced toe caps; combination last with
narrow heel; built in tendon guards, moist-
ure-proof soles. Riveted-on high-grade
chrome plated Tube Skates that have keen-
edge hardened blades. Exceptional buy ! . ........
Another exceptional buy I
"SAMSON SUPER",
HOCKEY OUTFIT
• . . For the player
on the way up
By far the best outfit combining attractive-
ness and quality workmanship that We'voil
seen at so low a price! It's our best qual-
ity . . . with outstanding features usually,
found only in outfits selling up to $57.004.
Professional type boots of cowhide with
flexible leather - covered st eel Tendert
Guards. Protective double helmet box to,
with cut-off pro-type leather soles. Com-
fortable split sponge-padded tongues phial
sponge interlining and English kip-leather
lining. Riveted to extra-,special C.C.M.
tube skates that provide dependability for
muscle-straining stops and sudden manoeti.
vrea, This terrific outfit is built to givi
ye of service. 1
Men Sines --6 to 12. FAIR Oh I a
747111(JR$DAY, NOVEMBER 27, x.959
ems-."
=MN NEWS-RECORD
PAGE' MINI
ember 12.
The Woman's Association of
Grace Church will hold their next
meeting on Thursday, December
4 at the home of Mrs, Allan Eetti-
es,
Everyone Reads
The Classifieds
Clinton Memorial Shop
T. PRYDE and SON
CLINTON — EXETER — SEAFORTH
Thomas Steep, Clinton Representative
Phones
Bus., HU 2-6606 Res., HU 2-3869
Pleasure or Hockey Outfit
Terrific value! Fitted with Tendon Guards;
sewn-in web reinforcements for extra
support. Sturdy black pebble grain leather,
felt padded tongue. Excellent quality tube
skates riveted to waterproof soles. Boys'
Boys' Sizes Youths' & Men's
llto 2 Sizes 3 to 12 7 an
PAIR 6.98 PAIR II Mtn,
ilaonst Lalonde" Hockey Outfit
Black grain leather boot with cross-
stitched leather lining, built-in Tendon
Guards, leather soles, large padded
tongues, contrasting red leather trim.
Riveted to chrome-plated tenipered tube
skates. $18.00 value.
nen's Sixes --5 to 13. PAIR 4.95
"Daoust Lalonde" DELUXE Outfit
Pro-built boots; Built-in Tendon Guards,
Mch support insole, steel shank, leather
lined, Hockey box toe; pro-type sole. RiVet.,
Men's
C.C.M. tube /11000.
Sites 6 to 12. PAIR ..„.. 18.96