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The Exeter Times-Advocate, 1949-02-03, Page 8Page 8 THE TIMES-ADVOCATE, EXETER, ONTARIO, THURSDAY MORNING, FEBRUARY 3, 1949 I 4^ 5 IS *■ I FIVE ONLY — IMMEDIATE DELIVERY Fully Automatic, Wire Tie, Power Taka-off — also Limited'Supply of 8-foot and 12-foot Lever Harrows IMMEDIATE DELIVERY W. G. Simmons & Sons Phone 115 Exeter Cars for Sale 1948 1939 1943 1938 1948 1946 1939 1938 1935 1934 1933 1930 1941 1939 1935 1939 1946 1941 1938 1935 1933 Austin Sedan Buick Sedan Chrysler Sedan Chrysler Sedan Chev Chev Chev Chev Chev Chev Chev Chev Dodge Sedan Dodge Sedan Dodge Sedan Fargo -Ton Ford ~ ‘ Ford Ford Ford Willys Coach Sedan Coach Coach Coach Coach Coach Coupe Coach Coach Coupe Coach Coach 1936 1934 1932 1930 1930 1939 1942 1946 1935 1948 1946 1939 .928 1946 1946 1936 1935 1932 1931 1937 Sedan Sedan Coach Coach Coupe Ford Ford Ford Ford Ford Hudson Coach Mercury Sedan Monarch Coach Oldsmobile Coach Pontiac Pontiac Pontiac Pontiac Plymouth Plymouth Plymouth Plymouth Plymouth Plymouth Studebaker Sedan Coupe Coach Sedan Coach Coupe Sedan Sedan Sedan Sedan Sedan New Case Machinery For Sale; Tractor Drawn Com Planter Team Drawn Corn Planter Model VAC Tractor on rubber Three-Furrow Tractor Plow Two 7-foot Power Control Disc Harrows One-Way Disc VAC Tractor Mower New Case Tractor Spreader Cash Trade Terms MacGregor Motor Sales Ltd. FOREST, ONT. PHONE 174 ;of the branch­ frontier played in To­ govern- TO million CAUDHK I wish to announce that I have taken over the Supertest Service Station, corner of Main and San­ ders Streets, formerly operated by Derry Boyle. Exeter’s Pioneer Bank Opened Seventy-five Years This Week Graham Arthur STUDDED GROUND GRIPS WINTER ROADS stay open to the car equipped with Firestone Studded Ground Grips — the Tires that give the utmost grip in Bnow and mud. Let us pul them on your car now* They cost no more. It was on February 1, 1874, that Exeter’s .pioneer chartered bank opened its doors, and this week the Bank of Montreal is observing the 75 th anniversary of that occasion. For three quarters of a century its local office, originally a branch of the Molsons Bank which was amalgamated with the B. of M many years ago, has been work­ ing with the people of Exeter and the surrounding country­ side. The period Exeter 187'3, among the Huron Tract, and incorporated. A .few years later came the .construction of the London, Huron and Bruce Railroad, which had a consider­ able effect upon the growth of Exeter, The population rose rapidly from 1,000 to 2,'000, as the better encouraged urers. With the , Exeter based largely upon the services it performs for t h e surrounding .farmlands, it is interesting to look back upon those days. Besides the Verity Plow Works, the most import­ ant single concern, there were also several smaller agricultural implement works, a saw mill, two planing mills, five wagon and carriage factories, two co­ operages, two tanneries, a wool­ len mill, harness shops, boot- and-shoe makers and tailors. In fact, the building that housed Exeter.’s first bank at the corner of Main and Huron streets, built of brick and three storeys high, was originally planned as a furniture factory and store. It was the development of transportation, itself, that in time brought about the decline of these local industries it had previously encouraged, for they were swamped by the speedy distribution of the products of the .major manufacturing cen­ tres. But Exeter did not suffer from the subsequent shift the balance of its economy, day, with its canning and hydration plants, its role in national economy is one growing importance. Public-Spirited Managers As Exeter’s pioneer bank, B of M through the years shown a deep interest in moting the prosperity of community, and a number former managers of the branch are still well and happily rem­ embered here. E. W. Strathy was the first manager. One of his immediate successors, who played. a particularly active part in 1 o'c a 1 affairs was A. C. Denovan (1883 to 1889). Then there was N. Dyer Hurdon, who was manager 1-915, and, continued to his death. Many member manager another service relationship between Exeter and Exeter's first bank, William H. Moise, manager from 1935 until 1940, is now in charge pf the B of M branch at Blenheim. William J. Floyd, his successor, left in 1944 to become manager at St. Thomas, whence he last month assumed charge of the B of M’s main office in London. Today the affairs of the bank are in the capable hands of James L. Hendry. A native of London, Ont., Mr. Hendry began his banking career at Teeswater in 1913, served for three and a half years in France during the First World War with the 5th Brigade Engineers, Second Div­ ision, and experience charge of office at appointed local branch in 1944. Mr. Hendry has his office in the spacious premises that the bank acquired in 1943, and enlarged and completely modernized years ago. Pioneer Banking The 'forward-looking spirit of eighteen-seventies was a of great development for -and South Huron. In Exeter and Francestown, the first settlements of were zunited means of transport the local manufact- present prosperity of from 1891 until when he , retired reside here until local T. S. from whose long term personified Announcing residents will re­ Woods, who was 1919 to 1935, of the happy the local B of M office stems from the earliest traditions of the parent b^nk which was founded in 1817. Within a fort­ night of its establishment, Canada’s first bank introduced the branch banking system. This trustworthy type since the r in first year, the bank also issued Canada’s earliest native currency and became the colonial ment’s domestic banker. In the opening up West, Bank o-f Montreal es pioneered in many settlements. The bank an Important part in financing Canada’s first transcontinental railway, the Canadian Pacific. Today, the bank that began as a modest office with seven employees has a staff of more than 9;000 in over 500 branch- from coast to coast. flexible and of organization has long ; proven a mainstay of nation’s relative stability economic affairs. In its year, the bank also the British Commonwealth ’s majoi' banks, the B of M main­ tains offices in London, Eng., New York, Chicago, and San Francisco. 'Canadians keeping money in the Bank o-f Montreal exceed 1,700,000. Thus,Canada’s pioneer bank has grown up with the country it has so ably served on the long road from wilderness colony world power. Your patronage would be greatly appreciated JAMES L. HENDRY, present manager of the local branch of the Bank of Montreal. has had wide banking in Ontario. He was in the Bank of Montreal Lucan before being manager if the bank’s in 1944. Gideon Services On Sunday, January 13, Gideons took the service in Pentecostal Church, Eketer, the morning, and in the after­ noon at Clinton, with Mr, W. Wortman, London Dominion President, as speaker, assisted by Mr. B. Blackwell, London, local president. In his address, Mr. Wortman told that the work of placim. Bibles in hotels had, during the war, been extended to giving Testaments to all service men. Since the war they are directing their efforts towards placing a Testament in the hands of every public school child from Grade 5 upwards. Many responded to their “work and letters read showed the far-reaching results of the giving' out of the werd of God. These encouraging reports re­ sulted in a liberal offering from both the Clinton and the Exeter Churches. Beautiful and uplift­ ing solos were rendered hy Mrs. and Miss Mary Wortman and Mrs. Blackwell. All are from the London Tentocostal Assembly. oxefer it Was Finance Instead Of Furniture 75 Years Ago IT WAS GOING to be a furniture factory' . . . the building where Exeter’s pioneer bank opened in February 187'1. ‘ But a teller’s cage took the place of the lathes and planers. Three storeys of brick at the corner of Main and Huron Streets, it housed the bank that long since became one of the 500 branches of the Bank of Montreal. And that first choice has proved of happy omen. The people of Exeter their bank strong like a good piece . . » and as easy Occupying more Exeter’s of Montreal can three quarters of shared confidence During this period the surrounding mises today, o>f the Bank look back on a -century of and progress, Exeter and have found and reliable of’ furniture to live with, spacious pre­ branch farmlands have developed a well-balanced prosperity with mixed farming, canning crops, sugar beets. Here, as in hundreds of com­ munities, large and small - - - throughout the length and breadth of the Dominion - - the Bank of Montreal continues to work with Canadians as it has done since the days o-f its found­ ation more than 130 years ago, In hamlets - and villages, towns and -cities, the Bank of Montreal is still pioneering with the men and women who are making the Canada of tomorrow. Bank of Montreal Canada’s First Bank Working with Canadians in every walk of life since Exeter Branch: J. L. HENDRY, Manager IH