Ontario Community Newspapers

Porcupine Advance, 4 Apr 1923, 1, p. 5

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suhail be jevied and by a special rate aver and above all sainme JnNnan MNel ney of the deben $6,270.97 shall be r the payment of the and said sum of $6, nually included in t Sehool rate to be le bv the said Board f£ veats, the curreney tures, and the sa»d shall be levied and payable in twenty annual instalments during the twenty years next after the time wlhen the same ave issued and the respective amounts of principal and interest payable in each of said years shall be as set forth in Sehedule **+A" hereto which is hereby declared to be and form part of this Byâ€"law. 3. The debentures as to both prin- cipal and interest may thbe expressed in Canadian eurrency and may ‘be payâ€", able at any place or places in Canada or Great Britain. 4. ‘The Chairman of the said Board shall sizn and issue the debentures and interest compous, and the same shall also be signed by the Secretaryâ€" Treasurer of the said Board, and the debentures shall be sealed with the Corporate Seal of the said Board. 5. During twenty years, the curâ€" ney of the debentures, the sum $6,270.97 shall be raised annually for the payment of the debt and interest and said sum of $6,275.97 shall be anâ€" nually included in the vearly *Se‘paratei Sehool rate to be levied and collected by the said Board for the said twenty 4 2. The debentures shall all bear the same date and shall ‘be issued with m one year atter the date on which this byâ€"law is passed and may bear any date within such vear, and shall be And whereas the amount of the exâ€" isting debenture debt of the Bourd of Trustees of the Roman Catholie Sepâ€" arate Scehols for the Town of Timmins is $66,000.00 and no part of the prinâ€" cipal or interest is in arrear. Now therefore the Board of Trusâ€" tees of the Roman Catholie Separate Behools for the Town of Timmins enâ€" acts as follows :â€" 1. *That for the purpose aforesaid there shall be borrowed the sum of $15,000.00 and debentures shall be 1s'sue'd thereftor in sums of not less tb,an $100.00 each, bearing interest at the tate of five .md a half per cent. per annum, and having coupons atâ€" tached thereto for the payment of inâ€" terest» And whereas it will be necessary to raise annually the sum of $6,275.97 during the period of twenty years to pay for said yearly sums of principal and interest as they become due; . And whereas the amount of, the whole rateable property rateable for Separate |School purposes in the said Town of Timmins, according to the last revised assessment roll, is $1,085,â€" 180.00. Whereas the Board of Trustees of the Roman Catholie Separate Senools for the Town of Timmins require to borrow the sum of $75,000.00 to proâ€" vide funds for the purpose of acquirâ€" ing a school site in the said Town of Timmins and erecting a school builaâ€" ing thereon, and for such purpose to issue debentures therefor bearing inâ€" terest at the rate of five and a halt per cent per annum, which is the amount of the debt intended to be created by this byâ€"law ; And whereas it is e\nedxent to make the principal of the said debt repayâ€" able in yearly sums, during the period of twenty years, of such amounts resâ€" pectively that the aggregate amount payable for prineipal and interest in any year shall be equal as nearly as may be to the amount so payable for principal and interest in each of the other years ; i ithin such year, and shall in twenty annual instalme the twenty years next after ien the same ave issued and ive amounts of prineipal â€" pavable in each of said ve * The Store for Men and for Women Who Buy for Men " Now open at 69 Pine Street, Gordon Block, Timmins, Ont. Je+ urnishings Store Men‘s Latest Models of Spring Suits and Overcoats, Raincoats, Fine Shirts of all makes and newest designs and styles, Hats and Caps, Boots and Shoes and Rubbers. Everything newâ€"â€"everything highâ€"classâ€"â€"Prices reasonable A Visit to this New Men‘s Store will Please and Pay You A Big New Upâ€"toâ€"date Store with a Big New Upâ€"toâ€"date Stock of we need give you no further reaâ€" sons. Parents, we hope we bave put eclearly before you, what can be done for your sons and daughters with a few months‘ trainitg in the Timmins Business College, our graduates of the present day prove e\'er\'thing It is not necessary to await the Summer Term to enroH, if you ean afford it, Lar yourâ€" sons few months‘ t Business Colle present day p re and Uitiés, but at the present time you will notice that vacancies on Of: fiee staffts are being filled by youns men and women of your own Town, Founth:â€"If you must earn you! own living and at the same time be well educated, is there any other Insâ€" titution can do more for vou than a and The Arthim Second :â€"We â€"guarantee positions to our Students upon graduation and we are gettine more calls for Bookâ€" keepers and Stenographers than we can supply. When we have positions awaiting you, it is only natural that we should want you to train and preâ€" pare for them. Third:â€"(A real big reason). Durâ€" ing the past ten days we supplied the following offices with employees:â€" Consolidated â€" (Goldâ€" Mines, Office: #HM C Let us give you a few reasons why we advise your enrolling in the Busiâ€" ness College now. First:â€"We, have been at Business College work for years and know the business thorouglhly; we know from the accomplishments of others just what you can accomplish. WHY ENTER BUSINESS COLLEGE AT BEASTER TERM? 12â€"14 JX Finally passed March, 1923. property and premises and on the real and personal property vested in the said Board of Trustees o f the Roman Catholiece Separate Schools for the Town of Timmins, hereafter imposed until the said deâ€" bentures and each and every of them, together with all interest thereon, shall have been fully paid and satisfhiâ€" i. The said. Debenture tain any clause providing gistration thereof authori Statute relating to Munic tures in force at the time thereof. WEDNES D AY Bulletin like persons and property by, from, upon or out of which other Separate School rates are levied, raised and collected, for the said period of twenâ€" tvy vears. 6. ‘The said sum of $75,000.00 so borrowed and interest thereon and the said debentures shall be and the same are hereby made a charge upon the Schoolhouse property and premises ul you ever ow nronths ive a business fraining in independent for life a V‘s vyou d I a@ates m with vouu @can d@o Ino siness Colle they will te 11 op ail expenses in conâ€" ir course and you then training which renders J. A. WALSH, J. E. NEWT at tie present fime that vacancies on Ofâ€" seimg filled hy voun> to think ge, ill Office help ns from other [ roviding Tor reâ€" E_ authorized by any to Municipal debenâ€" the time of the issue Secretaryâ€"Treasurer. this 19th day of adter bookke to A t raduation it a mere m a roke; l1airman ITSCOS OWns On 1 € ish ste @On 8. BUCOVETSKY FINANCIAL STATEMENT OF DOG RACHE AND CARNIVAL The following is the statement of receipts and dishursements of the 1823 ‘Poreupine Dog Race and Carâ€" nival :â€" SCHUMACHER FIREMEN‘S ANNUAL BALL, APRIL 1l1th. OFFICIAL VISIT OF D.D.G.M. TO GOLDEN BEAVER LODGHE Annual April t week Hall. oo L s h hiE Lo d oL e pint re m ies go o heid back from progress because of in ability to secure power. In a word, the country is held up hbecause there is a shortage of power. The progress of the Poreupine awaits the action of the rain god. Even the relief that comes in the spring has no assurance (Continued from page 1) ger was ready and anxious to go on and double its output, rather than reâ€" duce it by an ounce. Because of the power situation men have hkad to be laid off part time at the Hollinger. It is true that the Hollinger has made a serious effort to keep its staff intact and to arorid injuring the community by passing on to the employees the full power of the power shortage bhlow. But this has simply meant that the Hoilinger has pocketed a loss in the matterâ€"for the general good.â€" What is matter for the true of the H portion of the <a es y maxtal ands lditi 33â€"55 Pinge Street RYANâ€"MURRAY DRUG CO. LIMITED Fresh stock of hat dyes, all the latest shades. Make your Old Straw Hat Loek Like New Seasonable articles to make your home spick and span and healthy )11 1as pocketed a loss in the the general good. â€" What is Mollinger is true in proâ€" the other producing mines rict. All are suffering from ip of the power shortage. 1 there are newer mines Moth Balls.: .. _ ...‘ _ ... Naptha Flakes ......................... m Lavender Flakes _: _ 22 Cedar Flakes.... _ .. _: :. 2 Sanillush ... /. _ .. _ Disinfectant .â€".. .‘ . ... ./ .. 250C a Formaldehyde Fumigators _ ________ Sulphur Fumigators ...._... . . .. .â€". Maquid ... ... _: 239C a Bon Ami, Seaps, Polishes, etc. 69 Pine St., Gordon Block, Timmins, Ont. «J UST ability to secure assurance of adeâ€" quate power. The Hollinger came forâ€" ward awrith a proposal that seemed to promise relief from the oftâ€"recurring power problem. The Hollinger volunâ€" teered to finance and build a power plant of its own and supply its own growing needs. This would Jeave the lieving that the pow inadequate for the e; growing camp. The feature of tl pears bright indeed. ing foree at present of permaneney. There was t shortage last year and the ye:. It does not seem to get an Hope is raised from year toy to perish before the hard fad other shortage. There were and ~reâ€"iteratd. assurances Sturgeon Falls plans would difficulty and would be ready â€"first, in Januarv, then in ‘and ~reâ€"iteratd assurances that the Sturgeon Falls plans would solve the difficulty and would be ready this year â€"first, in January, then in February absolutely and positively. And when, now ? He will be a bold man who will awhoslute assurance as to when the new power plant at Sturgeon will be in active use. Even with the Sturgeon Falls addition, there is reason for beâ€" s e t ie 29c Ib: _______________________________________ l 25e 1b. ............................................ 25¢ pkg. ........................................... 25c pko. ............ ip o. ... y 60c tin .................................. 25c and 50c migators..:" ..‘ :. 50c up sn o se 25c .................................. 35c and 60c y. lnere was the power year and the year before. seem to get any better. present seems to De in cure assurance of ade The Hollinger came for proposal that seemed t« from the oftâ€"recurrins Peed Block power sup}pmy ie early needs 10 wey ere were repeated ie Poreupine only retard € ear only ts of anâ€" Tor beâ€" will be of this 1) various sources.. The Government. not afford langer delay in the mat but should take ‘its courage in hands and with the wacts befor make such a decision as will giwe. North Land a fair oppor tidaity Le velop an d progress. To«lay s North‘s chief industry is tfile d Will the Government loosen t bonds? And do it now ? present power supply and the ast@i tions ‘being made to that supply the use of the other mines of the arey Just how long the power supply ihkan propagan at suppiy for es of the nrexz. er supply icient for tbe of opiniens «t for sonre _a full supmiy £ the disimei vidences 4s

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