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Lost Securities Stolen Mad Axeman Flees Dartmoor Police Issue Dire Warnings -- "He is No, 1 of all prisoners, ell slipped away from the work- ing party at dusk, Throughout a night of sting. ing hail and bitter cold, police with bloodhounds searc the heather familiar to Sherlock Holmes devotees who remember Yule Tinsel Irks Press THE OSHAWA TIMES, Tuesday, December 13, 1966 J ade and, in addition, a mas. querade of bad taste," the news- paper says, "What ought to be a decora- tion in honor of @ sacred feast is transformed into a masquer- Minister Tells Commons DAREMOOR, Rngiand (AP) The Hound of the Baskervilles, a man so dangerous he will sto VATICAN CITY (Reuters) AWA (CP)--Finance Min: Ph by ee "Seay described as 'theft' the dis arance of $590,000 worth of secirities from the books of a bankrupt insu- rance firm, He told the Commons he will meet the Association of Cana- dian Insurance Companies to discuss tighter federal regula: tions to prevent similar occur: rences in the future, Opposition Leader Diefen baker referred to the collapse of North American General Insu- rance Co,, a firm with a federal incorporation, and called for a royal commission ingulry into the recent "tendency" of com: panies to go bankrupt, Mr, Sharp said the federal su- perintendent of insurance, Rich: ard Humphrys, discovered the 'theft of securities" a few days before North American and its rent firm, Prudential Finance rp, Lid, collapsed last month, He sald North American made investments that were entirely legal, but it had purchased tocks that never had been de- vered to the company, with the insurance companies' association new legislation to protect stockholders in isawi- ally + incorporated insurance firms, He noted that British and for- eign insurance companies Bi ating in Canada are required to deposit their securities with the finance department, This re- quirement might be extended to Canadian firma, To Mr, Diefenbaker's call for rotection for shareholders in ederally » incorporated compa- nies, Mr, Sharp said he didn't think there was any way to leg: general insurance policies, It Is not connected with North Amer: North American Life and alty Co, 4 failure was reported to e licensed insurance company more than 40 R. V. Barnett, liquidator of North American General, sald Saturday preliminary figures in- dicate t of some $1,600,000 and liabilities of about $2,000,000, However securities worth $529,602 liste be Britain's most violent orimi- nal, 8 B ayebodie man dubbed ¢@ Mad Axeman, was on the fram Taertmaar nrluan ta. day with more than 200 police in pursult through a blinding hailstorm, Parents throughout the bar. ren Devon moorland were warned that 37-year-old Frank Mitchell might be out to seize a child as hostage, Mitchell, serving a life sent- ence for robbery with violence, escaped from a work party eight miles from Britain's toughest jail Monday and set off frantic warnings to the public, Rie AS Stee ss fia Me AeBMI GTS we. Casu: first of a ry. in years, company has assets nnot be located." at nothing," police told 'resi- dents of villages huddling in the wind that constantly whistles over the treeless moors, Mitchell is a powerful six. footer who weighs 230 "but without an ounce him," officials sald, LIFTED CAR He recently showed off his strength to other Dartmoor prisoners by lifting the front end of a car containing two astonished warders, Wearing green wate clothes and rubber boots, Mitch- nds, fat on root Mad Axeman, Mitchell, judged sane jailed for life, Mitchell "There is not a lock I undo, I promise you die," islate against 'theft and fraud of this kind," Mr, Sharp sald the theft of securities was discovered dur-|@ ing an audit "early in Novem: ber," Just as soon as the dis-| tg covery was made, the licence) @ was suspended, REPORT MADE 4 The report that North Amer-| # ican General Insurance Co.,, which has its head office in/@ Montreal, was missing some|® $530,000 in securities came Sat-|& urday, ' The company has more than|@ Mr, Sharp said he will discuss Quieen's Park Action Urged When Company Names Clash TORONTO (CP)--A Liberal member of the provincial legia- lature called on the Ontario gov- ernment Monday to find out how many firms "are obviously trading" on the names of larger, well-established companies, Vernon Singer, member for Downsview, said in a statement action should be taken, where possible, to change names that conflict, He said the names Prudential Finance and North American General Insurance Co, "have caused some people anguish be- cause they can be confused with Prudential Insurance Co, of America, Prudential Assurance Co, of England, North Amer: fean Life Assurance and North American Life and Casualty," He mentioned the recent col- lapse of Prudential Finance 20,000 ) fire, theft, automobile and s Conp, and some of its allied|® companies, including Northiff Amoriogn General Insurance| # 30, The Ontario government|& should also institute deposit ing surance for banks, trust compa: | nies and aimilar institutions to|& protect the public in the event | a company gets into financial's# difficulties, he said, 'To get the insurance the|® company would have to meot!® certain standards and would be/g subject to frequent government | x inspection," i, Mr, Singer said the govern ment should also speed imp) mentation of the new securitie legislation, iS "The attorney general should| give his undertaking that the! @ Ontario Securities Commission's | # report to him on the financial) & affairs of Prudential Finance! ® Security Title Held In Doubt TORONTO (CP)--Title to cer. tain securities held by Went- worth Insurance Co, of Toronto, pe gtd of bankrupt Pruden- tial nee Corp, Lid,, is 'in will be made public at the earl: |# est possible date, . .." N « " some doubt," an official of the Ontario riment of insu "ile ead londay night, a petition for a ts of an administra of 'a deposit with the department is expected to be presented in court later this! The company has been opers| ating on a discontinuing licence since July 1. It wrote no new) business since then and has) been allowing existing policies! to run out, | Wentworth advised the de. partment in March that it would merge with North American General Insurance Co, of Mont: real, which is in lquidation, In Montreal, Mr, R, Victory Barnett, liquidater of North American General Insurance Co. of Montreal, said Monda: the All Canada Insurance Fed- eration, grouping all Canadian insurance companies, still was studying ways to relieve hard: ships, The Federation was discuss ing the situation with Rritish, American and other foreign in- aurance companies in Canada.) 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Available at all drug counters, Sati er your money refunded, j * ¥ > = \ _ In two previous escapes from criminal asylums, Mitchell ter- rorized families with a hatohet, English court, has been con- stantly in trouble behind bars, Twelve years ago he was thrashed with the dreaded' but not outmoded cat o' nine tails for attacking prison officers, To the judge who ordered him escape, and I -am prepared to covered Christmas by an Italy, many Italian homes, Christmas trees are a European tradition and sald; cannot I will than we. are," Romano says, The Vatican City's daily news- paper sternly criticizes tinsel: as trees and vulgar street decorations It complains the trees have become more important than traditional nativity scenes in vain for Italians to try to imi- tate a ritual act by people "more closely bound to nature L'Osservatore That great taste That's why Seagram's V.O, is the largest-selling Canadian Whisky in the world north it Is TAMBLYN YOUR FAMILY'S HEALTH IS OUR FIRST CONCERN PHILISHAVE Model No, $C 8130 With triple heads == ro» tory action efficiency, Flexible, --§ micro-groove ls, | cord, come plete with attractive gift SCHICK CONSOLETTE 'The Professional HAIR DRYER that sits on @ table -- Packs up... and goes CHRISTMAS BOX OF 50 2 SPECIAL ASSORTMENTS 83 - 169 A wide selection of Beautiful CARLTON CARDS 59¢ » 3.00 it Isn't Christmas | Without a Gitt by SHUL DESERT DESERT FLOWER FLOWER SPRAY HAND end Shaving Bow! % 2.89 AFTER SHAVE LOTION 4, 3,75 GIFT SET 6.00 w 'Worlds Apert From the Ordinery HPA Tike PR an Pe tea Ran Te ak Pi ite GILLETTE GIFTS SUM Twist ADJUSTABLE RAZOR AND SUPER STAINLESS 46; - 1.69 FR Peek Frean 34.95 SCHICK SA 24.95 LADY SCHICK Now effortless femin- nick, cut or Potented halr gu brushes ide each hale into shaving head. 13.95 YARDLEY Merry Christmas fo Everyone... 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