Ontario Community Newspapers

Daily British Whig (1850), 7 Dec 1917, p. 12

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Bank of Mont TTI ey EE PAGE TWELVE interrupted Services in the Bank by Sir Vincent Meredith, Bart.--S8ir Frederick Williams-Taylor Draws Attention to the Developments That Have Had Special Effect on Can- . ada's Economic Position During the Past Year--Tribute to Men Overseas. Montreal, Dec, 7.-- Special.) --The 100th Annual Meeting of the Bank of Montreal proved one of the outstanding historical events in the long car- eer of the Bank. The reports presented indicated that the Bank is in a stronger position to-day than perhaps it has ever been. Coupled with the celebration of the 100th anniversary was the com- pletion of fifty years of uninterrupted service in the Bank by Sir Vincent Meredith, the President. The high esteem in which Sir Vincent is held by the shareholders was manifested by the warm tributes made to him by the shareholders present. Mr. Nelles, one of the oldest shareholders, in drawing attention to the 100th anniversary, referred particularly to the stalwarts of to-day at the head of the Bank, mentioning particulary Sir Vincent Meredith, R. B. An- gus, and Lord Shaughnessey, and hoped that when the history of an- other 100 years was ended that they would be included among the stalwarts. 8ir Frederick Williams-Taylor referred particularly to the great num- ber of men the Bank had slready sent overseas and made the statement that at the present time 42 per cent. of the staff of the Bank were women clerks. The members of the staff overseas have established a most honorable record and in conclusion Sir Frederick referred particularly to the great loss both the Bank and Canada.bas sustained through the death overseas of Captain David Jellett Barker, who had been assistant to the General Manager of the Bank. His loss had been a deplorable one. The annual meeting of the Bank of Montreal always attracts a good deal of interest owing to the impor- tant announcements made at it re- garding commercial and trade condi- tions in Canada. This should be 'particularly so this year, as it is re- cognized that the Dominion has been thrown on its own resources almost entirely as the result of the develop- ments in connection with the Euro- Yean war. Owing to the 100th anniversary, Sir Vincent Meredith, the president, firew attention to some of the fea- tures of expansion the Bank had en- joyed, and expressed the view that he was warranted in stating, that never during the Bank's long course was its prestige higher, its business in sound- er or more elastic condition, and its earning power greater than he be- lieved them to he to-day. He also expressed pleasure in believing that the Bank had never enjoyed a wider measure of public confidence. ------ Business Conditions in Canada. Sir Vincent referred particularly to the general conditions in the country, stating that busifiess conditions in Canada continued buoyant. There has been po recession in the great wave of industrial and commery cial activity of the pdst few years, and trade in all dimes is highly pros- perous, Sir Vincent pointed out that Canada's chief concern was to pre- pare for the period after thé war, and recommended that Canada's trade should be extended in all directions during the period of the post-belium reconstruction, either through com- duercial intelligence acting directly for the Government or a board ap- proved by the Government. Canada to Meet New Conditions. Sir Vincent, in concluding, took an optimistic view regarding the out- look in Canada, saying in part: "Our country is one of the most productive in the world. Our gold holdings per capita almost equal those of the United States. Our na- tural resources are unbounded, and our credit is irreproachable. There are no doubt, difficulties and anxieties ahead which we shall have to face, but I think you may look forward with confidence to providing without undue strain for the burden of our patriotic endeavor. Taking Optimistic View of Future. Sir Frederick Williams-Taylor, the general manager, in referring to the great privilege that was afforded him to present to the shareholders the centenary balance sheet, drew atten- tion to the fact that it was also the anniversary of the president, Sir Vincent Meredith, who had complet- ed fifty years of uninterrupted service in the bank, and it was therefore opportune that they should extend to both heartiest congratulations. Sir Frederick referred particularly to the developments during the year that had affected the business of the Bank and the country. He pointed out that above all other events the entry of the United States of America into the war stood paramount, ahd bore upon the Canadian' economic and banking position with a force, the effect of which is only now com- mencing to be felt, "Shortly after the outbreak of war," sald Sir Frederick, "Wal street took the place of the London market for our country's public loans and continued in that place until a few months ago. Now the influx of American capital is scanty, the inflow or borrowed money from the United States-- which we had come to look upon as a matter of course--is sus- pended, it may be until the end of the war; and Canada is 'on her own.""" Sir Frederick took the view that such developments would be regard. ed too strongly by some and not ser- fously enough by others. On the one hand, industrial developments would be checked, but on the other hand the inability to borrow may prove a bless- real Receives Centenary Balance Sheet Annual Meeting Also Marked Completion of Fifty Years of Un= ing in disguise, once we have ad-| justed our affairs to the changed con- ditions. Policy of the Bank Fully Justified. Sir Frederick drew attention to the necessity of the banks of the country to keep themselves in particularly | strong shape owing to the difficulty there was to gauge the future. This permitted Sir Frederick to draw at-| tention to the position of fhe Bank of Montreal, when he said: "Thanks mainly to the soundness, of our banking system and to the healthy condition of our banks, Can-; ada can still hold up her financial! assets to liabilities is 75% per cent, | compared with 75 per cent. a year ago, and 64 per cent. the preceding year. "We have heard it remarked by certain friends that the Canadian banks are too strong, and your own Bank particularly so; but permit me. to express my clear conviction that the sheet anchor of our Can- | adian national ship is the Canadian banks, and that the anchor must be strong to hold against wind and tide.! The Banks have kept strong in an| endeavor to prevent currency infla- tion, while at the same time they Jave made war advances to the Can- adian and Imperial Governments to, an amount that would have been re-| garded as impossible three years ago. Such advances are naturally included among liquid assets. The loans made by the banks to the Canadian and Imperial Governments have enabled the business of the countty to be! carried to an extent otherwise im- practicable." Tribute to Staff and Men Overseas. 8ir Frederick Williams-Taylor, in responding to the vote of thanks to the management and staff, took oc- casion to pay a special tribute to the services of the men at home, and to the record of the members of the staff overseas, saying: "As an indfation of the extent to which our male officials enlisted, I may mention that 42 per cent. of our present gtaff are women clerks. "Both our men and women clerks have worked ungrudgingly early and late, with but the briefest holidays, actuated by a high sensé of patriot- ism and by an admirable sense of duty to our Bank. It may truly be sald that we enter this, the second century of our institution, with a staff whose loyalty has never been surpassed, not only in our history, but in the history of business corpor- ations in this country. "As for our splendid contingent With the colors, they are above Praise. We follow their future in France with anxious pride, and will welcome them back when the war is won. Many have been wounded. No less than 100 lie under the reeking 80d of shattered Flanders. The names of these splendid patriots will stand forever both in the records of our Bank and of our Empire which they have served so well. It would ne remiss not to refer to the great loss' we have sustained in the recent death at the front of Captain David Jellett Barker. I can find no words with Phi to express' my personal regret hile to the Bank and his country the untimely closing of a eareer such as his is deplorable indeed. He makes a great gain who loses a bad habit. We Sell: Goods. for What They Really Are. New goods coming in dally, Shelled Almonds, Wats - nuts, New Dates, New Figs, New Fanls, Turkish Delight, Velvet Letters to the Editor The Late John S. Mills, Kingston, Dee, 6.--(To the Edi- tor): It was with the deepest feel- ing of regret and sorrow. that 1 learned of the death of John Mills, of the Princess Patricia'd Canadian Light Infantry. Probably no other man in the regiment knew the de- ceased better than myself, and as a consequence I feel as if 1 should pay some tribute to the memory of a soldier beloved by all his com- rades, and respected by all who came in contact with him. In April, 1915, Mr. Mills enlisted with the First Universities' Cgmpany under Capt. Gregor Barclay at Montreal. In May the company was asked if it cared to reinforce the P.P.C.L.L in France, and every man manifested a desire to accept Capt. Barclay's proposal. After five weeks' train. ing in England the company joined the PP.CLL in July, 1915 at Armentieres. in France. Since tnar date until October of this year Mr. Mills has been with the regiment constantly. Few men can boast of such 'a length of service in the in- fantry on active service, Jack had S0 many narrow escapes from death that we used to think that he bore a charmed life. Always cheer- ful and bi he sueceeded in keeping in high spirits. In ticklish where good men were needed to repair broken barb. ed wire entanglements, Jack in. variably ' ing light of his absolutely safe . diers are. given to complaining of their lot at times, when things seem {Fre vears had por ro dim © Or chill their blood. And who can marvel o'er thy gri.f, Or who can blame thy flowi zg tears, Who knows their source?" ~--~MALLORY SHAW, One thing that makes a man fear a woman is his inability to guess what she will do next, Jealuosy is the trading stamp given iwth each case of true love. IF YOU WANT EVIDENCE That Hemorrhoids, or Piles, Can Be Completely Cured, Read These Letters--Both Are Sworn State. meats, Toronto, Ont., Dec. 7. -- Next to personal experience the sworn state- ments of reliable people is the strong- est evidence obtainable. If you have any doubt that Dr. Chase's Ointment will 'positively and completely cure piles, these letters should convince you. 'Mr. Samuel Parker, fruit grower, Grimsby, Ont., has made the follow- ing declaration before Mr. W, W Kidd, Notary Public of the same p! : "I do solemnly declare that I was trofibled with bleeding piles' advised head. Our own Bank's ratio of quick | having any slanderous meaning. A. himself negligent, and that such neg- which said animal was being trans- store at Napanee. that damages were sustained." Third '| plaintiff and C. R. Webster for the :| der the late Lieut.Col. W. W. Stewart One seldom WO | street without a might be sullicient warning to hachie- ye but stuffed suits of i SEVEN CASES ARE ENTERED JUDGE LAVELL WILL HOLD COURT NEXT TUESDAY. The City Corporation is Defendant in Suit for $1,000, Brought by Clara Millward, The docket of civil cases entered for trial at the Connty Court to be held at the Court House, commenc- ing at 2 p. m. on Tuesday, before Judge Lavell, will be as follows: Hattie Lee vs. Daniel Graves. The claim is for $100 damages for slan- der. Defendant says the words used by him were merely vulgar words of abuse and that words so used afe incapable of any defamatory or slan- derous meaning. A. B, Cunningham for the plaintiff and T. J. Rigney for the defendant. 2 Sidney Lee vs. Daniel Graves. The claim is for $100 damages for slan- der. Defendant says words used by him were merely vulgar words of abuse and that they are incapable of B. Cunningham for the plaintiff and T. J. Rigney for the defendant. J. McGregor vs. The Canadian Pa- cific Railway Co. The claim is for $300 for loss of a mare caused by the negligence of the defendants. Defendants say that plaintiff was ligence contributed to the escape of the said mare from the box car in ported to Kingston. A. B. Cunning- ham for the plaingiff and MacMurchy and Spence for the defendants. S. Anglin and Co. vs, Percy Gay- lord. Claim is on a promissory note for $301.75. Defendant says note sued on only represents part of the contract; plaintiff guaranteed the motor car sold to defendant to be in WHEN YOU CAN'T SLEEP Dz. Cassell's Tablets Will Soothe the Nerve Restlessness That causes Ine somnia, sind Ensure Rest. Sleepless nights mean overstihined herves--anerves that are always shaky because they are always weak. t Why you cannot sleep. The remedy is to nourish your nervous system and so build up new vigor and vitality, by taking Dr. Cassell's Tablets. Then yo will sleep naturally and healthfully, and wake refreshed. Dr. Cassell"s Tab- lets, @re true restoratives. They act by restoring the vital power of the system, by promoting digestion, by en- riching the blood, by strengthening ev- ery bodily organ. And there is no dope in them, A free sample of Ur. Cassell's Tablets will be sent to You on receipt of five mat} and cents for Address Harold F. Rit and Co, Ltd, 10 M'Caul Street, Toronto. Dr. Cassell's Tablets are the supreme rem for Dyspepsia, Kidney Trou- bles, Sleeplessness, Anaemia, ervous aliments, and Nerve Paralysis and for weakness in children. Specially valu- Closely Related There's a closer relationship be- tween feed, poultry and dollars than u may suspect. Right feed means ter birds, quicker returns and more money. For bigger dividends on your poultry, let us sup your feed. The kind you need here, and our advice is free for the asking. W. F. McBROOM able for nursing mothers the critical periods of life. cents per tube, six tu of five, from Dru ers throughout your money on imitations; get the gen. uine Dr. Cassell's Tablets, Manchester, Eng. goods for your Christmas Cake and Pudding. Nuts. * and during t fo ee Foi r the price hubes X refi anada. Don't waste Proprietors, Dr. Cagsell's Co, Ltd. We have just received our new New Peel. New Currants, New. Almonds. Choice Oranges and Grapes. Mixed Candies and Chocolates and New Raisins, New Walnuts. E. H. BAKER Cor Montreal and Charles Sts. Phone 1263. good running order, which it is not; defendant says he has also delivered all' title deeds he agreed to deliver. C. R. Webster for the plaintiff and T. J. Rigney for the defendant. James A. Richardson et al. vs. Henry Barber, Assignee of Insolvent estate of H. E. Maddox et uxor. Claim is for $500 damages of fixtures and failure to repair according to A contract for rental of plaintiffs' Defendant denies that he removed any fixtures .or failed to repair or that if he or the assignors did that he the assignee is in any way liable. Nickle, Farrell & Day for the plaintiffs and Cassels, Brock, Kelly and Falconbridge fori the defendants. Clara Millward vs, The Corpora- tion of the City of Kingston, and Louis Abramson. Claim is for $1.- 000 damages for injuries caused by the defective state of an area under and an opening to it in a sidewalk due to the defendants' negligence. Defendants plead contributory neéglhi- gence on the part of the plaintiff; that proper notice,of action was not given; that action was not brought within three m 8 from the time party also charges contributory neg- ligence on part of the plaintiff. Nickle, Farrel & Day for the plain- tiff, J. L. Whiting, XK. C., for the defendant, and King and Smythe for the third party. Joseph Diamond vs. H. F, Norman. Action for an injunction restraining defendant from éncroaching on plain- tiff's lands on Sixth street, Kingston. Defence denies that there was any such encroachment. This action was tried on the 20th day of June, 1917, and judgment was given against the plaintiff dismissing the action with costs. . On appeal to the Supreme Court of Ontario a new trial was ordered, confined. to the sole question as to whether the defendant did or did not in fact excavate on the plain- tift's land and if the Judge presiding at the new trial finds that he did, that judgment be entered for the plaintiff. for the damages which shall be assessed, and that if the said presiding judge shall find that he did not, then the action shall be dismissed. A1Mcosts to be in the dis- cretion of the judge presiding at the naw trial. A.B. Cunningham for the defendant. FELL AT PASSCHENDAELE. Ho Was One of God's Good Men-- Known as a Footballer. Lieut. Don. Lyon, Hamilton, Ont., was killed in the battle of Passchen- daele Ridge on Nov. 10th. Don, as he was familiarly known all over Canada, played as one of the side wings in the famous Hamilton Tigers football team and helped them most effectually to all their vic- tories by tis speed and sure tack- ling. He was esteemed by both friends and opponents for his game- ness and fair play, A true gentle. man and clean sport, who numbered his friends by thousands, from the Atlantic to the Facile, e_ joined the 86th Machine gu Ay un- (also of Hamilton, Ont.) and went A No sees a wo yan on, the Mag FISH AND TROUT All Kinds of Fresh + Fish. Dominion Fish Co. J) Give your soldier 42-44 Princess Street. a ] EL \ een MENS AND BOY'S OVERCOATS 75 men's high class overcoats in all wool fabrics, meltons, chinchillas, cheviots and tweeds, 33 to 44, to $20.00. Endless Variety of Boys' Overcoats rom 2 to 18 years, from $4.00 to $12.00. 50 boys' suits, tweeds and worsteds, 7 to 17 years, fi $3.00 to $12.00. ve ' elon . Girls' Winter Coats. A most wonderful variety in all the latest and most approve ed models and fabrics. Girls' heavy Coats in tweed, worsted and blanket cloth. Black, navy and brown; sizes 6 to 14 years, from $6.00 up. A Smart Walking Boot. Made in black calf or kid skin, leather soles, value $7.00. Tomorrow only, $4.25. Great Offer in Men's Pyjamas Men's striped flannelette pyjamas; the quality is very good; he Se and finish is perfect; special for Saturday, $1.00 to 00 beavers, from $10.00 Louis Abramson, The Uptown Clothier 336 Princess St. rn : ~~ ~----------y this Military Razor It was made expressly for him AutoStrop Razor | New Military Kit &¥ | is the real soldier's razor. Why ? Because it is compact and takes up so little room, because it is light and adds;so little weight, because it is complete with its trench mirror all ready to be hung up on the nearest nail--but especially because it is the famous razor that Kits in two styles: Weight, 53 Bpda ah s, ce ---- 5 AutoStrop Razor, the only razor that is self-maintaining. It is the only Sharpens its own blades Automatically and keeps them free from rust. cannot get dull. . The 12 blades you get with the AutoStro Razor will gi you more than 500 clean, comfortable ? awa cleaned, all without taking apart. This is a big thing because the blades shaves. It strops, shaves and is : / Razor Co., Ltd. 4

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