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PAGE 18 TERRACE BAY NEWS DECEMBER 17,1970 "THE OWL'S HOOT" THOUGH OF THE WEEK A river becomes crooked by following the line of least resistance. So does man. BASKETBALL ~ On Thursday, December IOth, Schreiber Basketball Teams played in Terrace Bay. The results of these games are as follows: - Senior boys - Schreiber 3I - Terrace Bay - 28. Junior Boys - Schreiber I2 - Terrace Bay I0, Senior girls - Terrace Bay 38 - Schreiber Ii. As we enter into the basketball season for another year the students are anticipating some exciting games. SCHREIBER DETACHMENT O.P.P. PRESS RELEASE December I0, I970 - 7.00 p.m., Mrs. Bonnie Costa of » Schreiber, reported that someone stole her red hand bag from her car, which was left unattended at a local store. Anyone having any information regarding this occurrence is requested to contact this Detachment. Motorists are once again urged to keep their car doors locked at all times, when your veh- jcle is perked, to prevent thefts of this nature. December 10, I970 = 9:I5 peme, information wes received that heavy copper wire had been strung across several ski- doo trails in the eres of the old Schreiber Dump. Investiga- tion revesled that the wire was placed in the ares during the month of October 1970 by employees of a mining firm, while they were conducting geological tests. The wires have since been removed. On the traffic scene three property damage collisions occurred, and one personal injury collision which resulted with injury to one person. Property damaged totalled spproximately $2,505.00. ? December 6, 1970, 6:30 a.m., a tractor-trailer unit over- turned two miles east of Steel River, while being operated by Joseph Eldard Savoie of Scarboro, Ontario. Total property damage was approximately $2,000.00, December &, 1970 - 8:00 p.m., e& vehicle operated by Russell Gerald MacAdam of Schreiber came in collision with Joseph Campbell age 70 as he walked out from behind another vehicle. Mr. Campbell was taken to Terrace Bay Hospital for treatment. No charges have been laid in this case. December 8, 1970, 7.20 p.m., a vehicle slid egeinst a park- ing meter on Scotia Street, Schreiber, while being driven by Carolyn Mae Glad of Schreiber, Total property damage was approximately $40.00. December I0, 1970, 11.20 p.m., thirteen guide posts were broken, one mile east of Schreiber by a west bound vehicle. The vehicle was located in Schreiber and the owner, Roy Nes- bitt of Terrace Bay has been charged under the provisions of the Highwey Traffic Act and failing to produce evidence that the vehicle in question is insured. An appeal is made to all drivers to exercise every caution and care when using our roads and highways during the Festive Season. A11 members of this Detachment have been alerted and in- structed to use the utmost vigilance in an endeavour to pre- vent injury of loss of life during this holidey period. The members and staff of this Detachment join me in wishing one and all, a very Merry Christmas and Memorable New Year. I wish also to acknowledge with thanks the co-operation and assistance received from everyone during this year. Sus. Roelova tulle E> result that delinquancy in local credit union is practically nil. He also drew attention to change in policy regarding the waiving of interest: "Any mem- ber with an outstanding loan, out of work for a period of 90 days or more due to illness, may apply in writing to the board of directors for relief or consideration in waiving or re- ducing accrued interest on such a loan." The following recommenda- tions regarding distribution of earnings proposed by board were adopted as read. --That we place 20 per cent of the new profit to the guar- antee fund. --That we pay six per cent dividend on shares on minimum monthly basis. --That we give an interest rebate of six per cent to all bor- rowers in good standing. --That the balance be placed in undivided earnings to be used at the discretion of the board. W. G. Furlonger presented report of credit committee with A. V. Pearson, annual financial jervisory committee report and Wayne Wilson, delinquency committee report. Mr. Claypole and Mr. Zubick, statement; L. R. Trembly, sup- CREDIT UNION - cont'd frompage I6 cess speaking briefly, congratulated the Schreiber organization on its sound financial positien and said they particularly apprec- iated the healthy interest shown by members in the spirited ex- change of opinions on several matters. Apathy, on members' part, 'they agreed, can ruin the best association formed. Both were delighted with almost nil de- linquency position. Mr. Patterson congratulated members on their 20 years of success and added that after study of the history of the Credit Union in Canada, he was impressed with its record of service. It is an expression of a hizh social idea, giving the individ- ual a personal involvement and understanding of financial mat- ters, he said. He also paid trib- ute to the present officers and | many others through the union's 20-year history whose wisdom in filling their position has kept a the association not only sound financially but maintained the, close interest and somehow were also able to suc- cessfully arrange social even- members' ings. Following the business meet- ing a cabaret evening with lunch was served. Seated ~ W. Wilson, Reeve F. Harness, C. Claypole, John Zubick, beck = L.R. Tremblay, Ge. Nicel, J. Patterson, We. Go Furlonger. Photo by I. MeCuaig.