Timmins Newspaper Index

Porcupine Advance, 30 Sep 1926, 2, p. 6

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For a small amount you can protect yourself, in the event of accident or fire, from possibly serious financial loss. Engquire for rates: Newton Automobile Owners Attention Opposite Goldfields Hotel ‘TIMMINS When leaving town and selling off your household effects, why trouble with the secondâ€"hand man? He gives you just as little as you‘ll takeâ€"and no more. Bring your furniture, ete., to the Auction Mart where it will be promptly sold off at good pricesâ€"and immediate settlement follows the sale. 93 t.f. wHY CONSIDER THE SECONDâ€" HAND MAN? SIMMS, HOOKER DREW INSURANCE IN ALL BRANCHES (Agents for Confederation Life Association). Insuranee and Real Estate Houses and Lots for Sale on Terms. DOMINION BANXZ BUILDING REAL ESTATE Phone 104 #4 # a *4 # ## #, * 4 "® #4 ® # #* *# # *#4 # # *4 *# # #4 # 4 “Q *4 *# 4# #4 # # ## # 4 #* #* * «P #4 * # #4 *# 4 #4 *# # #4 * # *4 *# # #* # #® *4 + L ## # *# 2A XG FURTHER EVIDENCE IN PULP CO. GASE ‘‘Particulars of the various stock and bond transactions, whereby I. W. Killam, ipresident of the Royal Seâ€" curities Corporation, acquired control of the Mattagam Pulp and Paper Company, were told in Court last week on the resumption of the inâ€" quiry before Charles Garrow, K.C., Master of the Supreme Court, in conâ€" nection with the proposed sale of the company‘s assets, and in connection with the legality of the $3,935,000 isâ€" sue of second mortgage debenture stock of the company. Mr. Killam Gives Details Regarding Transactions in Debenture Store For five years past many in this district have had a particular interâ€" est (not to,mention the principle) in the Mattagami Pulp Paper Co. The Mattagami Co. has owed a numâ€" ber of settlers for pulpwood bought five years ago, and the said settlers wish that the company would turn settler and settle up the money owed. The Mattagami Co. has been more or less in the limelight for the five years referred to, but the light has not ibeen good enough for the average man to know what is going on, though some suspect that high finance has figured too much in the affairs of the company. Recently, court action has been started by some of the ordinary creditors. The evidence at one sesâ€" sion of the court was referred to in last week‘s Advance. This week a second instalment is given. The Mail Empire, Toronto, gives the following summary of the proceedâ€" ings :â€"â€" THF, PORCUPINE ADVANCE, TIMMINS, ONTARIO count for any profit made by him on these securities. ‘‘At the hearing Wednesday mornâ€" ing, Mr. J. W. Bain, K.C., resumed his crossâ€"examination of G. T. Clarkâ€" son, liquidator of the compay. Mr. Clarkson stated that at the time at which he had taken over there had chases of debenture stock. Witness said that on January 1, 1924, $26,400, par value, had been bought by the Royal ecuritiee and subsequently taken over by him. _ In February, 1924, $3,000 worth had been purchasâ€" ed at $21.50, and in December of the been an obligation of $1,250,000 owâ€" ing to the Molsons Bank. The bank, he said, was permitted to work out its own account at its own cost, and by May, 1923, the debt had been reâ€" duced to $800,000. Later the witâ€" ness stated, the Molsons Bank eredit with the company had been taken over by the Bank of Montreal. The obligation at this time was $450,000, he said. 495 EXTENSION OF TIME\ON _ col CLaIMs in NORTH Interest among the people of the North continues in the prospective coal fields along the Mattagami river north of C'oéhrape. This interest is still keen and hopeful despite the disâ€" couraging report of the Provincial geologist who visited the district this summer and last week presented his report to the Government at Toronto. Orderâ€"inâ€"Council Recently Passed Exâ€" tends Time for Beginning Assessâ€" ment Work to March ist, 1927 Write Murine Co., Chicago, forEyeCareBook PC Keeps EYES Clear, Bright and Beautiful fi@URflNfl Keeps EYES JOS. BERINI, Prop. Fourth Avenue T for Economical Transportation MR/J. N. LEVINE LEAVES TO " RESIDE IN PHILADELPHIA tion in the Quaker City, and, of course, may also play hockey there next season. For several years past J. N. Levine has been useful and prominent in sports here,â€"especially in baseball and hockey,â€"and he will be much missed in these and other eirecles. All will wish him the best of luck, and an early return to the one land worth living inâ€"the North Land, Mr. J. N. Levine left this week fo PhiladeIphia where he intends to re side in future. He has a good posi tion in the Quaker City, and, o ment ofâ€" Mines should coâ€"operate in assisting the prospectors and mining men in the Mattagami field in provâ€" ing up the claims and seeing whether there is coal . there. of â€" commercial grade and in paying quantities. MINISTER TO VISIT THE QUEBEC GOLD FIELDS THINGS KEEP LOOKING WORSE FPOR PEDESTRIANS In these days of automobiles and motor cycles costing $587.19, there does not seem to be much plzwe in the world for the pedestrian. To what extremity the ordinary pedestrian will ‘be driven it is diffiâ€" cult to say, but here is a suggestive storyâ€"from The New Liskeard Speakâ€" er in regard to the apparent trend of the times :â€" ‘‘A man entered the office of ‘an Insurance Agent, anxious, in these perilous times, to secure some life inâ€" surance. The agent‘s response to his engquiry was, “\\’hat make of car do you drive?"‘* Said the man, ‘‘I don‘t own a car.‘‘ ‘‘Sorry,"‘ said the agent, . ‘‘but we do not any longer insures pedestrians."‘ There has been no exaggeration in the early reports that the northwestâ€" ertn gold fields of Quebece were to prove a great asset, and that they were rich in ‘ore, according to Hon. J. E. Perrault, Minister of Mines, who announces his intention of makâ€" ing an official trip to the gold fields in the middle of next month. **As far as I can judge, the prospects in the Abitibt and 'lonnwmmn'rvo wnld fields are very good,"‘ he stated, *‘ fact, they confirm earlier expeotutions regarding them.‘‘ s GO)DD CROWD AT OPENING L OF CALEDONIAN SOCIETY The opening 1 donian Society « Hollinger Recres evening last was pleasant evening was enjoyed. _â€" The evening was in the form of a social night to start the new season of meetâ€" ings. The President, Mr. W. D. W att, presided for the occasion, and . on motion the regular business was deâ€" ferred until next meeting so that all mizht enjoy the social features of the night. ‘There was an array of dances, Old Land and modern, with the Trouâ€" bador orchestra furnishing the music. Refreshments were served as usual, the old reliable Andy Roberts having charge again of this part of the proâ€" ceedings and looking after it with his neverâ€"failing efficiency. <[There wore several noteworthy musical numbers on the programme. A song by Mr. H. Unsworth proved very popular, as usual, and his number in response to the encore, was equally well received, Miss Margaret Geils made a decided hit with a particularly wellâ€"rendered piano solo and won very well merited applause. Mr. W. Pyper‘s attractive and wellâ€"trained tenor voice again deâ€" ligchted the Caledonians and he was ziven a double sneore on merit. Mrs, H. MeCaualloch favoured the gathering with a very pleasing solo, well renderâ€" ed, and won enthusiastic reeall. The other musical feature of the program was the cornet playing by Mr. J. T. Bridges, who delighted all with his expert skill on the cornet. The next meeting of the Caledoniâ€" ans will be on Oct. 8th. It will be the annual meeting and will be open to ordinary members only, so that the election of officers, etc., may be dealt with and other business transacted. YÂ¥ Timmins meeting of the Caleâ€" of Timmins in the ation Hall on Friday s well attended and a x was enjoyed. _â€" The

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