The Lucknow Sentinel, 1954-04-07, Page 2PAGETWO THE LUCKNOW SENTINEL LpiCKNOW,' ONTARIO '<>{. WEDNESDAY, APRIL 7th, 1954
SERVICE FEE ON
SAVING ACCOUNTS
The increase in service charges
on saving accounts was recently
put into effect by the banks be
cause of the cost of servicing the
ever-growing number of cheques
drawn on these accounts, a trend
that has been particularly mark
ed since the removal of the ex
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cise stamp on cheques,
■/ Generally speaking, Canada is
the only country where banks
permit cheques to be drawn on
t$aviugs accounts. In most other
countries, savings accounts are
used to accumulate funds and no
cheques can be drawn against
them. * •••'./
At the present time, the num
ber of cheques drawn on savings
accounts is running, at the rate
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of more than one. hundred rriillipn
a year and the increase in the
service charges was ‘an attempt
to meet part of the mounting cost
of the bookkeeping involved. The
increased charges will still fall
rfar short of the actual cost of
providing these facilities to the
public. •
On December i^l953, the banks
voluntarily increased the.interest
rates oh savings accounts from
iy2 percent to 2 percent, to bring
it more into line with thegen*
_.eral_ level * of interest xatesin
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LOOKING BACKWARDS
Through the sentinel tiLEs 4
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In The Recreational Centre,
LUCKNOW
Wed , April 14
K Auspices of The Clansmen
8.00 p.m.
FREE ADMISSION
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Try Your Luck At Winning A Chicken or Ham I
’ For Easter — And Have Fun Too. I
Canada. Tha/f; meant an. increase
of approximately $19,500,000 , ip
the amount 'banks paid/Lo~'qust-^
omers Who . maintain savinjgs ac
counts With them. The. increase
in service charges will not much
exceed $2,000,000. In other words,
those who hold savings accounts
in the chartered banks will re
ceive $19,500,000 in extra interest
each year and those who use the
chequing facility will, be charged
approximately $2,000,000 in extra
service charges.
The new service changies are
io cents per debit entry with an
allowance of one free cheque for
a quarterly balance of $100; two
free cheques for a balance of
$200 and three, free cheques for
a balance of $300 or mor-e.
No general notification ’ was
given because it was felt at the
time that, in view of the differ^
ences in conditions relating to
individual clients’ accounts, the
•matter could best be dealt with
by individual bank\ staffs.
Is Your Subscription Paid?
0^
For a limited time only McLennan and
MacKenzie are offering a
SPRING-FILLED MATTRESS
ABSOLUTELY FREE
With each purchase of a
Bedroom
Suit
Ten Years Ago
7 T. W, Smith and Harold Tre-
Jeaven qualified following 3 sec
ond nomination meeting to fill
two vacancies, op bthe Board of
Education. , ,,
The death of James Ritchie ocy
curred suddenly at ’ his home;
^-Wilfred-Drennan^as-presidept
of the Dungannon Agricultural
Society.-.-......_7 ..7-...*
Mrs, Frank Canham pnd son
Malcolm returned to England, to
rejoin her husband who had been
stationed at Port. Albert. ■. >■
Lucknow Council . approved a
blanket jincrease of 15 percept on
the'Village assessment for 1944.
, A windshield transfer was in/
troduced in a metaLsaving move,
.that eliminated the issuing of
metal license plates. The single
marker used the previous year
remained on the car. < .
William Sneyd Holmes, a for
mer Luqknowite, died in Toronto
Western Hospital in his. 101st
j ear. The" funeral was from St.
Peter’s Church to Greenhill Cem
etery.
Mrs. Wm. Hornell reported that
during 1943 the Lucknow and
Vicinity Branch of the Red Cross
had shipped almost 20,000 article's
and th^t the. year had marked
the start of holding periodic blood
donor clinics here.
Twenty Years Ago
Alex Gillies died at his home,
Con. 2,-Kinloss, in his 59th year.
Wilfred (Pete) Farrish, a mem
ber of Ashfield Council, suffered
a fractured leg While righting his
car^KicIiTiacrslewed on ice and
turned over on its side.
'' Jessie MacKenzie was present
ed with gifts by church organ
izations prior to entering St. Jos
eph’s Hospital as a student nurse.
James7Eyons was elected for a
third term as president of Dun
gannon Agricultural Society.
Miss Catherine Ross lay for
three days and three nights in
the ibarn on her farm after suf
fering a fractured leg. She was
warmly clad and nestled in the
hay she had just thrown from
the mow, to keep her warm dur
ing the ordeal. Her dog Rover
was her constant companion. Miss
Ross’ plight was discovered by
her cousin Mac Ross after Mail
man Herb McQuillin informed
liirn her mail had hot been lift
ed. Miss Ross was over seventy
but insisted on living alone and
,1
October 1913 -Sicl took trench
fever and was sent to England.
Lucknow Presbyterian church,
under the pastorship of Rev. Rob
ert MacCallum, reviewed a most
successful year, with 46 added
to the membership of the church,
which stood at 350. , "
Mr. and Mrs. William Stewart
of the South Line both died of
Influenza w^hinFTlif^edays pf
each other. . 1. ‘ •
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Sixty, Years Ago
John McLean was president of.
the Ashfield and West Wawanosh
Agricultural? Society, which h1ad
a membership of >.211 in 1893.
The annual report of the Ash
field Cheese and Butter Co. show
ed sales of cheese amounting to
$11,101.33. There were 114,023 lbs.
manufactured at an average price
of. 9.73 cents. Thomas E. Finlay
was president and L. E. John;
ston, secretary. .
With 550 Courts-in Ontario and
a membership of 54,000, the In
dependent Order of Foresters,
then in operation .,19 years, was
claimed to lead all other Orders
in the province, . -
Rev. A? McKay performed the
marriage on January 18th ,of Rob
ert C. McGow&n Of East Wawa
nosh and Maggie- Murdoch of
Ashfield;
Nicholas Hedley died suddenly
at his home .south of the Village
at the dge7of 80 years.
D. Paterson was master of Old
Light Lodge and C.. Adams was
Noble Grand? of the i.Q.O.F.
D. R. McIntosh moved his dry
gopds and general store business
to the-corner-of-the new—Murray-
block opposite the Cain House.
OBITUARY
MRS. ROBERT AGAR
MR. ROBERT AGAR
.A well known and highlyjre
spected resident of McKillop in
the person of Sarah Anne
Smythe, beloved wife of Robert
W. ’Agar, passed “away in Clinton
Hospital on Tuesday, March 30,
in her 75th yean Born at Luck
now, she was married in 1900 to
Mr. Agar, who survived her only
a few days. A family of three
sons survives, Wesley and Irvin,
of Sarnia, and. Harold of McKil
lop. One daughter, Alma, pre
deceased her. Also surviving are
one .brother; Mr. David Smythe.
Victoria/. B.C., and. two sisters,
Mrs. Bess McKinnon and Mrs.
GeorginarHunt. both of Toronto.
THIS OFFER IS FROM APRIL 9th To APRIL 19th, INCLUSIVE
To clear entire stock bedroom suites
• • I • • • ” . • ■ • . ■ ■ . ■_ f
3-Piece Sets
Double or Single Dresser Suites
I
3 Two-Piece
Best Colors
- Wool-Friezes
LARGE ASSORTMENT of SUITES
’ TO CHOOSE FROM
cattle .which ,she was wintering.
Thirty-Five Years Ago
. Miss Elizabeth Anderson of this
community resigned her position
in Ottawa as superintendent of
the Day, Nursery.
So that a fitting welcome might
be . extended at the depot to
home-coming soldiers; it was ai£
ranged to ring- the Methodist
Church bell when any of the boys
were arriving.
Rev. Duncan was pastor
of St; Paul’s Church,' Sault Ste.
Marie,, and 1918 was reported to
be the best year, in . the history
of the church;
Evan Geddes, teller at the
Bank of Hamilton, left for Win
nipeg. D. Gilbertson, accountant
_at_the_MoJ&o_ns_Bank._.wasi-trans--
ferred to- Meafdrd and Ford Ait-
bhison was transferred to Thed
ford. .
Margaret Webb, .daughter' Of
Mr. and Mrs.' W. C. Webb of .St.
Helens, died of pneumonia at the
age of 24r ,
Sydney ■ Plowright returned
from overseas; He originally join
ed the 160th and Was transferred
to the 18th Battalion and was
through the battles of Arras andt
broke th,e Hindenburgh Liiiel in
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*4 ’r JlrX 1
McLennan and MacKenzie
PHONE 181, LUCKNOWr ,
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Mr. and Mrs. Agar lived in the
Belfast district until 1921 when
they moved to McKillop, where
they have been valued citizens.
The . deceased was a member of
the Jehovah Witness;
The' funeral took place from
the Box Funeral Home on Friday
at 2.00 p.m., with Harold Bowen
conducting the service,
bearers were Peter
Sam Scott, Frahcis Coleman, Gor
don Scott, Thomas Appleby and
Alex McDonald. Interment was
in Maitlandbdnk cemetery’.
.4 The day following Mrs. Agar’s
funeral, Mr. Agar passed away in
Clinton Public HospijtaL He died
-tha|- evening—a:few~hours-a ftei-
his admission. He was in his 76th
year and was a well known
thresher and farmer. Besides his
three 'sons, he is survived by a
-sister,--—Mrsr—Margaret—-Boys—of-
California.
Brother Harold Bowen of Brod-
hagen also conducted^the^funeral
service for Mr, Agar, oil Monday,,
and the same pallbearers bore
him to his last resting place, in.
Maitlandbank cemetery..
The' pall-
McCowan,
rdT&ns**rE
BORN
KEIFEiEt in. Wingham .General
Hospital on Friday^ March 2(5'U1\
1954, to'Mr. and Mrs. Oscar KOL.
^^^±47 “’Wi h gh a nia" s u f 1 ■ Bt ■; -
died March ‘28th. \ ‘
THE LUCKNOW SENTINEL
Lucknow, Ontario
Authorized as Second Class Mail. Post Office Department, Ottawa
Established 1873 —• JPttbiiahied• VTedfiesday Aft^Thtron
Subscription Rate—. $2.504 A Year in. Advance—To U.S.A. $3.50
L. C. Thompson, Publisher and, Proprietor.\,
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