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f _# #. .*, * . 9. . . iA iA w 28 s 28 2 28 2 2% s 28 c a* s 2* s a® s 1* s a*® 'zx. o 000800600 *0*a* * *s* Schumacher Electric 4 #4 *# L *#+ + #+4 # 6 s+ + 4# *4 * # *4 # *4 *# #© *#*4 # La #4 * 4 *4 #, *# #4 *# #4 + #© Â¥+ + #© #4 # 4 #4* *# # #4 #4 *+ 4 #4 # 4 *4 # 4 *#* # 4# #* # # Cns *, #© *+* # 4 *4 # #© ®# .. I came to Timmins seven years ago poor. And toâ€"day I am walkâ€" ing with a cane because I am cripâ€" pled up after having a paralytic stroke, which left me with a weak leg, bl'lt I am still in the Singer Sewing Machines and Willis Pianos business, and ready to treat all courteously as usual, under the same name. 5 Reed Block Timmins New Offices Barristers, Solicitors, Notaries of Public, etc. Schumacher OM 2 GORDON BLOCK TIMMINS Basement, Gordon Block Baths at all hours while the shop is open. Shower or Tub, Hot or Cold, as you wish. CARSON‘S BARBER SHOP Platus Lewis William 0. Langdon Mackie‘s Bakery 13 WILSON AVE. Bold by the finest service grocery stores. Give it a trial, you‘ll appreciate it Thursday, July 15th, 1926 Get your old batteries repaired here. Don‘t throw them away For further information 0. SEGUIN, 3 Cedar Street, North Phone 380â€"A Barrister, Solicitor, Etc. Provided it is is your Ont. Settlers who for five years have waited for payment for wood sold to the Mattagami Pulp Paper Co. last week received a letter, a copy of which is printed below. These settlers do not understand just exactly what is contemplated, but they do understand only too well the situation they are in relative to the Mattagami Pulp Paper Co. Most of them depended on the sale of pulpwood to carry them aâ€" long in their pioneer work of buildâ€" ing farms from the bush. They sold pulpwood overâ€"five years ago to the Mattagami Pulp Paper Co. expe('t-I ing to be paid for same. They were induced to accept notes for the aâ€" mounts due and when the notes came due the company was under a reâ€" ceivership, and the settlers were not 00.000.00000(000000000000000000000000.000000.00.‘0 #,. , * ’3’:’:’:‘:”0’.’0’0000000'00’00.00000000000000000:"0.00000.00."05000‘00’0’0’00’000000003’:00’00.0000000000000’0000.’00000:00.“.00‘Q' Another Phase in Mattagami Pulp Paper Company Case Pine Street at First Avenue Timmins Another Meeting and Another Proposition Expécted in Regard to the Windingâ€"up of the Company. â€" Settlers do not Understand the Inwardness of the Deal, but They Would Like Further Assurance of Protection. â€" 741, TIMMIN®S, ONT. Fourth Avenue Porcupine Steamship Agency 119 Wilson Avenue All the Best Lines Public Auctionper Excavations for Cellars, Sewers, Etc. Contracts of all kinds taken EMPIRE BUILDING 000000‘0‘000.00.0000.000.0‘000.0000000000.00.00. 00'00000.00000000000.00000.00000000.00.00:0000000’000000000000000000 OOQOOOOOOO0000000000’00000000:0000000000000’00’00000’00.00’0”0000000’000‘ Coach Sedan Landau Residence : P. 0. Box LEO â€"MASCIOLI â€"that the passing months will prove to you, as they have to millions, the lasting economy of buying this lowâ€"priced car of modern design and quality construcâ€" tion. Let us give you one ride in the Improved Chevrolet! â€"that after a single ride you will pronounce the ImproÂ¥ed Chevrolet a revelation in lowâ€"pricedâ€"car performance. â€"that its ability to conquer hills and plow through mud or sand will literally amaze you. JOS. BERINI, Prop. for Economical Transportation THE PORCUPINE ADVANCE, TIMMINS, ONTARIO. The Associated Boards of Trade took up the question and were eventuâ€" ally successful in securing a promise from Hon. Mr. Lyons, Minister of Lands Forests at that time, to the effect that no transfer of limits would be sanctioned by the Government unâ€" til the settlers were paid. The transâ€" fer of limits is the apparent key to the question. The chief asset of the company is the wonderful list of valuable timber _ concessions. If nothing could be done with these unâ€" til the settlers were paid, it would be The Advance has sympathy for the ordinary creditors who have had to wait, without much hope, for payment ‘of just debts owed these five years by the Mattagami Pulp Paper Co. But these other ordinary creditors can icombine and secure legal talent and take other means to prevent any high financial scheme being worked against their interests.. The settlers on the other hand are not in position to fight for their rights, either by opâ€" posing money against money, or highâ€" priced legal talent against the best legal advice on the market. It would surely be a mean man, accordingly, who would bbject to atâ€"Jleast one newsâ€" paper trying to assure a square deal for the settlers. paid. In addition they had lost the recourse that would have been availâ€" _able in the ordinary way through liens on the pulpwood sold. Some of the settlers were ruined; some had to go into bankruptey for debts contracted through the pulpwood deal of five years ago, and they had no receiverâ€" ship to protect them; several had to give up the struggle, and others yet may be foreed to do the same. Someone has said that The Advance is tiresome repeating this over and over again. There is one easy way, as The Advance has repeatedly pointed out, to stop this newspaper harping on this subject. That is to have the settlers paid what is due them. Give the settlers a chance! The amount is not large, but it is a very matter of life and death to the settlers! Phone No. 321 $965 $1085 $1145 Timmins 69 Klock Avenue, North Bay J. A. Wright, Prov. Manager J. Mawhinney, North Bay, Manager. se 6 Bc e E. It appears from a sworn statement furnished to me by Mr. Fred C. Clarke, Treasurer of the Company, that the unsecured claims of ordinary creditors amount to $509,615.32 plus a claim which has not been filed by the Company‘s Solicitors for legal services. My solicitors discussed these claims with Mr. Clarke <who assured them that in his opinion all should be admitted with the possible exception of certain claims amountâ€" ing to $5,063.86 which the books show is owing to settlers for certain pulpâ€" wood but which may be subject to adâ€" justment. In addtion to this, the Bank of Montreal are creditors to the extent of $261,454.55, and the Royal Securitiee Corporation, Limited, to The Inspectors also desired me to forward to you the following report : ing the finest in the country. â€" The (xovernment would certainly earn the gratitude of the settlers who sadly need the money if the Government could give assurance that they were to be paid,â€"and when. In the meantime, here is the letter from the Trustee to the Creditors of the Mattagami Pulp Paper Co.:â€" It would appear that it would be good justice and good business if the (Government would let it be known definitely and finally, that until the settlers are paid, the chief assets of the company (the pulpwood limits) are not available for the company. The Government may have taken this attitude. That‘ may account for the comparatively _ insignificant _ value placed on the assets of the company! The pulpwood concessions are said to be worth several million dollars, beâ€" necessary first of all to square matters with the settlers before even high finance could do anything profitable with the Mattagami Pulp Paper Co. If the company refused to settle with the settlers, and proceeded to treat the said settlers as ordinary creditors, the Government could take over the limits and sell them again for amounts that would make the sw required to pay all the settlers loo‘: small indeed. It would be a profitâ€" able thing for the (Government to take over the limits and pay the settlers. The balance would be a good one. It is understood that on account of the situation of theâ€"company for the past five years, the Government would be fully justified in taking over the limits. REMINGTON TYPEWRITER ©CO. OF CANADA and mail this adverâ€" tisemoent to us. We‘ll fix you up. Every business man, traveller, doctor, dentist, retail merâ€" chant, teacher, can afford a Remington Portable on these terms, Just write your name and adâ€" Â¥ess here Standard keyboard. Swift to operate. Responsive to touch. Durable. Yours For $10 Down. 0 0 08 0 0 0 0 # 0 9 t o t t# 1 1 t# a Balance $5. a month. Those are easy terms if you like. CSSSXXMXSSSSS‘%\'SSXXSSSSS%S%SSSSS\S%SS%S%%S‘SSSS‘; ,,,,,, My solicitors also advise me that the unsecured creditors may be enâ€" titled to be paid the value of the chattel property, but they state that this question is a very complicated one owing to the fact that the Receivâ€" er has been in occupation of the proâ€" perty for nearly five years and the chattels which were on hand when the Receivership wis commenced have now been expended and it is doubtâ€" ful whether the present liquid assets do not belong to the bondholders who obtained the appointment of the Reâ€" celver. The assets of the Company consist of liquid assets of the value of $1,â€" 362,043.67 in addition to the Plant and timber limits at Mattagami. The Royal Securitiee Corporation agreed to pay $150,000.00 for the interest of the Trustee in Bankruptey and to arrange for the withdrawal of their own claim and that of the Bank of Montreal, amounting, together~to some $506,000.00. Such an offer gshould pay the ordinary creditors anywhere from 17% to 26%, the dividend depending on the final setâ€" tlement of the disputed claims of $207,680.73 «already referred to. At the meeting held on 5th instant, Mr. Sherwood Aldrich stated that if the creditors would adjourn the meetâ€" My solicitors inform me that they are of the opinion that the amount claimed to be due on the bonds and debentures might be reduced by the Court to the extent of some $2,000,â€" 000.00 owing to the fact that these bonds and debentures were purchasâ€" ed by persons interested in the Comâ€" pany, and in the opinion of my soliciâ€" tors the Court may only allow‘ them to rank for the amounts «@ctually paid. The Receiver‘s liabilities amount to $365,220.98 and in addition to this a payment would have to be made for Receiver‘s compensation and his legal fees These figures are given as of 29th March, 1926, and make a grand total of all liabilities, including inâ€" terest, in excess of $10,000,000.00. The amount due on the First Mortâ€" gage Bonds is $1,759,846.05, while the accerued interest, including compound interest, amounts to $602,341.87. The amount due on the Debentures is $3,035,000.00 while accrued interâ€" est amounts to $1,565,878.52. the extent of $245,000.00, making a grand total of $1,016,069.87 : to this must be added simple interest at the rateâ€"of five per cent. from 9th Auâ€" gus, 1921. In addition to this, there are disputed claims of $297,689.73. It is probable these claims will be considerably reduced, but the crediâ€" tors whose elaims are disputed would, if successful in maintaining their conâ€" tentions, also be entitled to interest. Timmins, Ont. DR. C. SULLIVAN Goldfields Theatre Building 38 Fourth Ave., or PO. Box 868, Timmins, Ont. Where you can get Cold Baths, Hot Baths, Massages, Etc. Treatments are very beneficial in cases of rheumatism, heart and kidney trouble; also for nervous disorders. TAKE CARE OF YOUR HEALTH Open Evenings This is itâ€"Darken the room as much as possible,; cloge the windows, raise one of the blinds wkere the sun shines in, about eight inches, place as many Wilson‘s Fly Pads as possible on plates (properly wetted with water but not fooded) on the window ledge where the light is strong, leave the room closed for two or three hours, then sweep up the fies and burn them. See illustration below. Put the plates away out of the reach of children until reâ€" quired in another room. COME TO AARNIO‘S HEALTH HOME DENTIST Phone 428M only one way to kill )a“the Flies There is Ciose Lo whnere [Ine old s 132y is located. ~(Mrs. Mars has been at Red Lake since May 23.. Her first prospecting efforts were made north of Pipestone Bay, but she did not find any likely ground open, and so went over WMto the East Bay section, wheve Post Narrows is located. After reâ€" cording her claim, Mrs. Mars took the ‘*‘Lark" plane back to Red Lake and will start out again at once to locate the other® two claims allowed In her There are not very many women prospectors at work anywhere, and less than that in most of the Nopnth Land mining areas. There was a woman prospector in the Cobalt area, but she did not make any great sucâ€" cess. The Porcupine area bas had a couple of ladies at the prospecting profession, the chief one being Mrs. Flowers, who worked on her own plans and ideas, and not hy followâ€" ing the lead of the men as the other women prospectors usually did. Mrs. Flowers, however, was no more sueâ€" cessful than the others in making a noteworthy strike. Some years ago there was a woman prospector in the Kirkland area, but no more was heard of her than that she was a woman prospector. So far as known, the Rouyn camp yet has to have its first woman prospector Red Lake, howâ€" ever, has two women prospectors. Mrs. Mabelle Mars, of Duluth, Minn., one of the two women prospectors now operating in the Red Lake Minâ€" ing Division, recently arrived at Pine litidge to record a claim staked out by her at Post Narrows, on Red Lake, close to where the old Hudson‘s Bay is located, ~(Mrs. Mars has been at a bad sprain. Mr. McAulay was goâ€" ing down the steps with the baby in his arms when he tripped and fell to the ground. Not being able to do much to save himself on account of the baby, the injuries are more seriâ€" ous than they might otherwise have been. Although the baby fell on the ground and rolled some distance down the terrace, he was not injured in the least. Mr. MceAulay will be laid up for some weeks according to Dr. Jackâ€" son his physician. _ Mr. Jos. Sarsâ€" field is relieving him at the office‘"‘ FIRST WOMAN TO RECORD CLAIM IN RED LAKE AREA ‘*‘Mr. N. J. MceAulay, minging reâ€" corder, is in bed at his home on Proâ€" byn Street suffering with two sprainâ€" ed ankles as the result of a fall down the back steps of his home on Friday evening last. One ankle is badly injured, the, ligaments being torn, it is thought, while the other has only The following is from the last isâ€" sue of The Haileyburian :â€" SPRAINED BOTH ANKLES IN FPALL DOWN STEPS OF HOME As the adjourned meeting to be held on 20th instant will be an imporâ€" tant one, I would suggest that every creditor should if possible attend or be represented by proxy fully qualiâ€" fied to act. | Dated this 8tR day of July, 1926. J. P. LANGLEY, ing for a period of two weeks he would undertake to submit a better offer in cash. In the meantime, the Royal Securitiee Corporation have withdrawn. (of J. P. Langley Co.) Trustee.