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Page 2 â€" Watertoo Chronicle, Wednesday, December tâ€"1976 Py Royal Trust M Fund is a pooled investment in mortgages. And you don‘t pay us a sales commission to participate. â€" It‘s solid. Your investment is managed by people with a wealth of mortgage experience. It‘s a highâ€"yield investment. Mortgages have historically produced excellent rates of return. It‘s flexible. You don‘t lock your money in for a set term. And you can register your M Fund units in a Retirement Savings Plan. Put your money to work in mortgages. Decide what you want. We can help you. It‘s A Personal Priviledge and Community Duty To Save Time, Check IN ADVANCE The Number . and Location of Your Poll * If You Require Transportation Call â€" 886â€"2440 _ Youearn high income by investing in mortgages. WATERLOO CHAMBER of COMMERCE This advertisement »s not tn be construed as a public o"ev-n? The attering :s made by the prospectus only Copries thereot may be obtained from The Roya! Trust Company If You Are Eligible Make Sure You VOTE. Royal Trust M Fund ELECTION DAY MON. DEC. 6 105 King St. East, ‘"Opposite Market Square" Kitchener, Ontario 5786900 73 King St. West, Kitchener, Ontario 579â€"3000 M Fund. #J The announcement was made Thursday at a news conference by Abe Wiebe, president of Major Holdings and Developments Ltd. Construction _ s t arted Wednesday on a $5 million sixâ€"storey office building on King Street East in downâ€" town Kitchener, to be known as Major Holdings $5 million complex planned He predicted that conâ€" struction of the new buildâ€" ing will have a major imâ€" pact on the adjacent secâ€" tions of King Street East, continuing the revitalizing process started by the Valâ€" halla Inn, Market Square and the justâ€"completed Canada Permanent Trust building. ‘"‘This building marks the second time we have shown our faith in downtown Kitchener by developing a large office complex," he said, ‘"our first one being Mr. Wiebe said the use of this brick, as well as the entire architectural treatâ€" ment including roof gardens, was designed deliberately to visually unify both sides of King Street in that area. Mr.© Wiebe was accomâ€" panied by William Stewart of Chatham, chairman of the board of Major Holdâ€" ings and president of Union Gas Ltd., which recently acquired Major. Site of the new building is the former Wiebe parkâ€" ing lot across King Street from the Market Squareâ€" Eatons complex. Mr. Wiebe, who served as a member of the nowâ€" disbanded Kitchener Urban Renewal Committee, deâ€" scribed the new office buildâ€" ing as "a substantial contriâ€" bution to downtown renewal in Kitchener." The exterior of the buildâ€" ing will feature the same type and color of brick used on the Market Square develâ€" opment including the Farmâ€" ers Market and the Oxlea Tower office building. Each of the remaining four floors will have 16,800 square feet, the largest ‘"‘The company has comâ€" pletely outgrown its presâ€" ent quarters in Westmount Place and we need considerâ€" able additional space for the growth and expansion of our activities primarily in southâ€" western Ontario." Mr. Wiebe said the move will mark a return by Maâ€" jor Hoildings to Kitchener, where the company began operations in 1957. It moved to Westmount Place in Corporation Square on Duke Street West." Major Holdings Square will have a gross floor area of 100,000 square feet on six floors, with a further 24,000 square feet in underground parking and service areas. Mr. Wiebe pointed out that although not required under existing zoning to provide any parking, Major Holdings Square will have an underground garage for 42 cars and additional surâ€" face parking on adjacent *‘*We are. providing this parking because as a corâ€" porate citizen, we are conâ€" cerned about the appearance and quality of downtown development over the next 50 years,"" he said. At the same time, Mr. Wiebe also announced that Major Holdings will move its office from Westmount Place shopping centre in Waterloo to the penthouse floor of the new building. individual floor areas in Architects and structural engineers are Kruschen and Dailey of Waterloo. Meâ€" chanical engineers _ are Walter Fedy McCargar Hachborn of Kitchener. Project manager is Maâ€" jor Construction Co., the commercial building arm of Major Holdings. The first tenants are exâ€" pected to move by January 1978. Professor Jim Walker of Waterloo‘s history departâ€" ment will speak on ‘"The Black Loyalists" (a history of black migration into Nova Scotia), on Thursday, Deâ€" cember 2 at 8:00 p.m. in room 373, Hagey hall, UW. Everyone is welcome to attend. major financial institution which will occupy part of ‘the banking floor. Other features of the building include three landâ€" scaped roof gardens at the first and sixth floor levels. Prof gives talk Dec. 2 ‘"‘This is an obvious adâ€" vantage to large space users while also providing flexiâ€" bility for division into smallâ€" er offices,"‘ said Mr. Wiebe. He said the 20,000 square feet on the main floor is being reserved entirely for banking and financial uses and no retail stores are conâ€" templated. any office building in the Twin Cities. An announcement will be