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At a special general meeling, Heiu befcre the rogular gathering, shareâ€" Holders ratified a byâ€"law approving an increase in the number of directors from seven to nine. The new directors elected to the board were J. Y. Murdoch president of Noranda Mines, and J. I. Rankin. Other directors reâ€"elected were N. A. Timmins, Jules R. Timmins, Wilstn Bell, John B.‘Holden, Hon. W. L. McDougald, Leo H. Timmins and Allan McMartin. Investments Higher Another point of interest was the smnnouncement by Mr. Timmins that since the preparation of the directors‘ report covering 1932, net assets of the company‘s â€" subsidiary, International Bond and Share Corporation, have inâ€" creased in value, as of May 5, from $2,â€" 687,279 to $3,044,745. Shareholders also approved cof a byâ€"law increasing the remuneration to directors by a sum of $10,000. § The president said: The president said: "Prior to dealing with matters perâ€" taining to the mine, I wish to comâ€" ment on the changse in the manageâ€" ment of your company. Some time ago Mr. Brigham asked to be relieved of the strenuous task of managing your property. Mr. Brigham has filled the position of genceral manager since 1918. We are deeply appreciative of his loyal service during his long tenure of office, and it was with reluctance that your directors accepted his resignâ€" ation. However, I am sure you will be pleased to know that we are not going to lose the benefit of his sage advice and counsel, as Mr. Brigham has conâ€" sented to act in the capacity of conâ€" sulting engineer, and will also be in charge of your company‘s outside exâ€" ploration work. Mr. John Knox, who was annvinted assistant general marnâ€" President N. A. Timmins Refers to Fairness of Governâ€" ment in Regard to the Price of Gold. Trend of Taxâ€" ation Viewed with Concern by Head of Big Mining Company. New Directors Added to Hollinger Board. Other Items of Interest at Annual Meeting. mineg,. 1JeSPI a view of th the annual m follows :â€" Shareholde; dated Gcold annual gener at Montreal, Timmins, government f to the Canad world level i Mr. Timmins marks, stres: which gold is tion of busine the Dominicn an extra divi would be pai gular 5â€"cent 20th of this n Mont: The a consict factor annual rt viewed in and figure THURSDAY. MAY 1i87TH 193 Holder Many Points of Interest at Hollinger‘s Annual Meeting sented to act in â€" sulting engineer, charge of your C( ploration work. 1 was anpointed as ager in 1925, has and responsibilitie Brigham. "In moving the annual report 0 would like to dr: the unique and playing in the sta and financial aff At the annual me institutions the in duction of gold by invariably been e pre FOV the strong of Canada "For th directed ; increasing the hope would be future. T purpose of share of that have the Domt the *# t e«le« *, o + #4 oo:oo w# ## # # w# # # ## #. ®@. ® “.“.“. t# _*% . _@ ..0.“. t# w# .” #* #* # _ _# # «iee #_ _ ®@ .'N.“' w _ ®@ “. w# * .OQ.““ ww oo " t C K. t . .t .“ ... .“.“ .“ .“ .“.“.“ s “.“.“ .“....% exte«t L es mm Sm _ on _AE J ... .“.“ .“....“"..... * # ## esle« w _# + *« # # ’:’0 “.“.“.“ ® uis u* , * ‘"‘The Ho nister, C > past m Rhodes »senting vernmen nada‘s the e of th have t( Domini( Mi1 TMIA red cént mont this month Hon e th of at NT MmMmOn d Mint aeral m old st . Cre pas ur rk. ed a: has hayv ths, Min 33 8 : be >mpt burc ind prC ids pre vas ‘ mA but avinyg 1 ind fin e adoption of your raw your singular tabilizatior ffairs Of â€" rcetings of importanceé bti y Canadian mphasized. Stressed 91 1¢€6 ind ike tre.: duc¢ ?veral ntion ind | creas railing not : f 53 ceénl 1y divid lucetr n over the linquished 1 meeting, neld ithering, â€" shareâ€" iw approving an of directors he new directors re .J. Y. Murdoch sed tion the tC imp n t] ilso LIT have rited, at their held Thursday N. A. se oOf ns reâ€" portant â€"part the stabilizaâ€" cial affairs in incunced that nts per share n to the reâ€" idend, on the *‘ Atte â€" part n of iS10nS > the Fina 11 rule ne ie Dominion in allowing the highest uit of gold. our ade our JUus xpenditure the good C arning the S Oour f the mpa mpany, 1 tention to rt gold is f business r country. r banking f the proâ€" mines has h6 ir Primeée ; during Hon. E. ance, in ‘anadian fact that ; one of â€"I nave ir everâ€" xpressed taxation for the wvith the our just 41 x, wh _ man dutie by NV nanC of fAt "I would like to here pay tribute to the fairness of the Canadian governâ€" ment to the gold producers in thus meeting their wishes. Their action will not only result in giving Canadian proâ€" ducers the price they are justly entitled to, but greatly increase ‘the asset value of th gold mines to the country in prolongation of life and will lead to materially increased gold production. "At the present time there are 8,250 shareholders, of which number 6,8683 are resident in Canada and hold 4,â€" 579,548 shares of your cOmpany. "Since preparation of your directors‘ report fowarded to you with notice of this meeting, the net assets your subsidiary, International Bond and Share Corporation, have increased in value, as of May 5th, from $2,687,279.14 to $3,044,745.00. Transient ~Fatally Hurt Near Temagami on Friday an increase of 500 per cent. in 20 years. "As is well known, our gold bullion for some time past has been purchased by the Deominion government and paid for on the basis of the value thereof in New York. Recently, however, as a result of international events, the European price for gold proved to be higher than the United States price and Cur Dominion governmerkX, reâ€" cognizing the right of the Canadian gold producers to chbhtain the highest world price for their product, made arâ€" rangements to handle the Canadian gold poduction as agents for the proâ€" ducers and sell in London. This reâ€" sults in a considerably larger return than we formerly received or would have received had the former methcd of settlement been followed. "I would like to here pay tribute to "The extension of the ore zone to the west on the lower levels mentioned by the general manager in his report has been further developed since January 1st last, and values below the 2,750 foot level are somewhat higher than the average mine grade. During the curâ€" rent year we have put in sight on these levels over $1,000,000 of ore about $8 erade." was sponsored by my feeling of reâ€" spens‘bility towards you as shareholdâ€" ers. The growing cost of government, dominion, provincial and municipal, is a grave menace to this country. "The percentage of the operating preofit for the year 1922 payable by your company for taxes and workmen‘s compensation is 10.1, which represents an increase of 500 per cent. in 20 vears. late balt also b before cars | ployed for wor thought way rid ents bea and as . between Temagami by automc pital soon trip.. . Dr. there, but had been 1 to the ser Mack w wite polic préesen‘t trict, w been w accider in less having are for ing and al rore making rainy d ‘ toâ€"day‘ S, it ent s, he woOrk riding t beating as he s h legs | adly c he dif passing I ‘at hn where 1 working K W ind nt i twWo C ncial C cank While WASs on the than n Bayv x AG he said hopeless ay â€"Recorder:â€"Some people g such thorough preparations days that they aren‘t enjoyâ€" ‘s sunshine. three . rushed bile, but after cor SOLl the tr z: their soucstht were crushed. ied that I g over ] his home is on his t is said. s nature of | a â€" married ree children e his home w understood Niagaraâ€"inâ€" Mrs. Mack i: _ on Nnls is Ssal special the T nine onstable roddard, ArS ne days fatally. stable William dard, garage d the victim t ut Mack died completing the Case had bee a the man‘s c s from the firs ture of his in aid. He lal iofficer ain to pr way was . to elude rered and Mack tC he had c his bodyv clty of Niagara way north looking . _ He declared he officer of the railâ€" to prevent transiâ€" y was chasing him, elude him, he fell the was in 1 . the fa â€"theâ€"La is said â€" e third is injuries man, with he told t as in Niag: the family theâ€"Lake d t WO told pol counted m Hocken : man Aat to Cobalt d in hosâ€" 1e 34 mile en called condition irst, owing main . _1 inted 14 Unemâ€" Niagara looking serl > Aarm police TPIuUus _ line them have AT the The following is briefly the night‘s work. Vote of thanks to H. for generous donation of Legion relief fund. Sanction to hold the W ders in the skating rink, 21st to 26th. Plans completed for th Conklin‘s Allâ€"Canadian athletic grounds for one mencing June 12th. Arrangements completed for the Spring Stagette on Saturday, May 27th, with a donation receipt to be the aaâ€" mission fee. All profits from this event to be placed to the Legion relief fund. In regard to the Governorâ€"General‘s visit it was arranged that the branch fall in line with Mayor Drew‘s suggesâ€" tion, which is to the effect that the Legion form a guard of honour at the station. After inspection, members of the branch will welcome their honorâ€" ary president, the Earl of Bessborough, in the main dining room of the Empire hotel. This part of the programme for the visit will be for the Legion and Auxiliary members only. As will be noted by the above the members had a very busy session, but still time was left to have several of the visitors deliver addresses. President Findland said he was very The meeting op Legion honours wi sons in the chair. Much important acted and five ney initlated into the Another annual Drumhead Service to be held in June, the same as on preâ€" vious to be announced later. another bran members of | the guests f¢ cluded Presic dent Sergt. ] 15 others. T attendance _ athletic grounds for one â€" mencing June 12th. Plans completed whereby the unemployed members work cleaning up the grayv Plans completed whereby several of the unemployed members will secure work cleaning up the graves of comâ€" rades buried in tyhe Timmins cemetery, with the final holding of a Decoration Day upon completion of this work. Officials of Legion _| Rheumatism |Oldâ€"Timer Asks for Interesting Timmins ng tThi the pa memor an ins} follow Othe a comtr Sailor | very Jjo the rer bers n Well, i town it vou mss Cochrane visitors. but at th by court this year honoured Tucker. ponded branch ments ( the spi that of will see that of the will see lots After a st ing closed v Kirkland I in Ga n a decisive by 29â€"19. A: Wright â€" Har champions, t down by trai ers on their game will b Saturday ne: n a decisive victory for the homes team by 29â€"19. Accepting the challenge of Wright Hargreaves, Kirkland Lake champions, the Timmins five travelled down by train to engage the challengâ€" ers on their own court. The return game will be played in Timmins on Saturday next. Fair and Young were stars of Saturday night‘s game with Shields standing out for the visitors The teams: Timminsâ€"Webb, If, 6; McFadden, rf., 2; Shields, c., 8; Brown, lg.; Paite, rg., 2; sub, Villanc. Kirkland Lakeâ€"Kirk, If, 6; Young rf., 11; Fair, c.; Stephenson, Ig., 4; Parker. tg.., 2: subs.. Martin, 2; Sawâ€" rey, 2; Henry, 2; G Officialsâ€"H. SimC H. Rickie, Timmins Toronto Mail and Empire:â€"Max Schmeling, of Germany, and Max Baer, of California, broke bread together in New York a couple of nights ago. But this is nothing to what they expect to break when next they meet. from Cochrane Here etTtwWeen in ‘as run off vmnasium The ite ised indeed to rades and stt which so mt of "sc this park norial inspir jocular remark: make iday, May 15th will go down as a ‘tter day in Canadian Legion cirâ€" because of the large amount of planned and also for the fact that s the first time that the members had the pleasure of welcoming er branch, the officers and several ers of the Cochrane branch being uests for the evening. These inâ€" 1 President Findland, Viveâ€"Presiâ€" Sergt. Frank Gardner, and about There was also a very large in aIr h« and c rk was al in cCc iration ind do *‘ memb ade on Lanning on beh ind mac i Sailor ] t of Coc g Addresses by YVisitors is Legion on Monday Evenâ€" Busy Session of Local anch. Five New Memâ€" bers Initiated, dutic the by n of Cocht ie sailor, ts more I short soc with the plans u_ want dying s ) in tin ch the ain 1 d to be d struck _ much short a invitatio Lake â€" Tucker, gion, was had intend st minute es. is 1 > Timmins a Visit If * new memvers were U the branch. ig is briefly the results ‘ilian0o. Lakeâ€"Kirk, If, 6; Young r, c.; Stephenson, Ig., 4; 2; subs., Martin, 2; Sawâ€" H. Simons, Kirkland Lake: at the Saturday this The like ers ths time nera ed for the h inadian Show . _ for one we de the f Lanning‘ chrane is or, the b ‘e happy . social the "Nat OWTL any wWist alsC Te il JUsiness member Au week first to ha addres d said â€"with to :1 basketb: and Kirk]l e local hi lay night y for the h to he Week of Wonâ€" rink, from August for of Basketball ng and I other ac completed f erection i other br il old s which « : _heard ) visit of period, lational gret that Magisâ€" member of the not among the ded to be present was called away hoped that later s branch will be from Magistrate the holding of come the â€" fo poke ith the 7 sSSses. 1 he the 1i the d be NC the P. Deéepencier $50.00 to the the and take ) thi iIoOwing C remarks anything ave old | ays." gFame salt, gave a i closed with ‘d the memâ€" t Cochrane. a brave old ne along and e funeral." , that Magisâ€" mber of the e home t challeng kland â€" ] hig as transâ€" were dulv including movement mn. Truly branch to all land was very Timmins ‘ manner ‘â€" accomâ€" > extendâ€" members ame resâ€" Timmins the meet Anthem hand to Kirkland : BA i1 series nd Lake h school resulting in the comâ€" THE PORCUPINE ADVANCE, TTMMTNS, ONTARIO AgISâ€" E the ; the esent away coOml o oiIf : like town ual Two men were before Magistr: Kessock at Sudbury last week «< with being intoxicated in a publi They told the court that a ma knew in Timmins gave them a Sudbury and after arrival at the you think it‘s time you had a wife? If you had a wife you might not be comâ€" ing to Sudbury to get drunk," sugâ€" gested the magistrate. The man agreed, The magistrate let the two of them go on remand until called, which means that they will not be called upon in the case unless they call themselves in another case. City the kindly Tinmins ma treated them to a couple of One of the men said he had thre two horses, fifteen chickens, wife, at his home at Markstay. vou think it‘s time you had a w An explosion which shook the surâ€" rounding district for blocks, occurred Saturday in the vulcanizing plant of ‘Thomas Drinkel, Paget street, New Liskeard, when a leaky acetyclene tank, cperated by Edward Drinkel, 21, exâ€" ploded, causing him severe facial and body burns. A friend, Walter Baron, also received severe burns when he atâ€" tempted to extinguish a small fire which followed. Considerable damage was done to the equipment and preâ€" mises. Toronto Mail and Empire:â€"It has been figured out ithal Canada wWill save $53,000,000 as a result of the Staâ€" tes going off the gold standard. But it would be a mistake to think that this is why the States did it. SHOULD HAVE SECURED WHILE HE WAS IN TIMMINS TWO MEN BADLY BURNED WHEN TORCH EXPLODES AT LISKEARD It‘s amazring how quickly a Buckley Product=â€"sids you af the torâ€" ture aof rhesomatiam, stif joints, gout, etec. TRUâ€"BHLOOD goes right to the roout of the trouble by removing from the blood the impurities which cause these painful alictions«. TRLUâ€"BLOOD is also unexcelled for boils, pimples, abscesss, skin diseases and that "no actcount" feeling called Spring fever, Iry TRUâ€"BLOOD toâ€"day. FPrice $1.09 142 Mutual 8St., Toren you a 506 tin of ABSOLUTELY FREE Send the Free a TRUâ€"B Â¥. :K. H ACH year, a small group of automobiles comes to the fore as creators of style. And of these, one usually stands out by reason of its compelling and original design. For 1933 that car is Oldsmobile ... a brilliant Six and Straight Eight in the ultraâ€"modern ‘"Airstream" manner. Fleet and graceful though Oldsmobile‘s modish lines are, they can convey only an impression of the car‘s advanced performance. For this model surpasses even previous Oldsmobiles in sheer, breathâ€"taking ability to do all things well. You will begin to understand this when you see the new Oldsmobiles. You will be thoroughly i on e oo e ie Send the front panel of a TRUâ€"BLOOD carton to W,. K. Buckley, Limited, .. Torento, and we wil} send tin of Buckley‘s Ointment EACH year, a small group of to the fore as creators of s one usually stands out by reas: and original design. For Oldsmobile ...a brilliant Six in the ultraâ€"modern "Airstrea:s Fleet and lines are, the car‘s â€" surpasses breathâ€"tak You will begin to understand this when you see the new Oldsmobiles. You will be thoroughly convinced when you have driven them. A hearty welcome, and a real thrill await you at your Oldsâ€" mobile dealer‘s. He is eager to tell you about this "Completely Modern Car" which adds style leadership to proved dependability and economy ... and offers all at substantially lowered prices. nd graceful though Oldsmobile‘s re, they can convey only an impré ‘s advanced performance. For thi es even previous Oldsmobiles i taking ability to do all things well. THIRD AVENUE and want the highway put where it will take a lot of business from this power line and a hundred towns and villages and a T. N.: O. Ry? If it is put over the rocks it sure is going to help put Abitibi power and T. N. O. Ry and settlers and business places on the rocks just to benefit Sault Ste. Marie. What great undertakings doss the Government own up on those rocks? This Canyon power is going to benefit the people ten times what a road up the rocky shore of Lake Superior would Will such a road among the rocks benefit as many people and mines as the Ferguson Highway and T. N. O. Will benefit the Pe Ry. ar M hit oks Upon it as Ridiculous to Howl Against Abitibi Canvyon and Preâ€" mier Henry and Then Ask for Road to be Built Through Rooks, 1€ nAnW Less Sault Howling MARSHALLâ€"ECCLESTONE LIMITED n. For 1933 iant Six and S Airstream"‘ mai h ip of automobiles comes of style. And of these, reason of its compelling 11 . Oldsmobile‘s modish only an impression of nance. For this model Oldsmobiles in sheer, all things well. Backâ€"toâ€"theâ€"Land propoâ€" ckâ€"onâ€"theâ€"Rocks." st like there is from ~ochrane and west. Why bout Abitibi Canyon and d then turn right around ighway put where it will usiness from this power dred towns and villages O. Ry? If it is put over ire is going to help put and T. N. O. Ry and places on the _a worse move could be route the Transâ€"Canada h> rocks from Sault Ste. that is the only town or e that would derive any e millions of dollars it > province and I don‘t much up that shore to st like there is from "ochrane and west. Why 33 that car is d Straight Eight manner. Yours truly, H. A. Preston M ; arnie 1t ild no and »wlin 11 n x abou Fremie t. Som« the Preée eve tha line hiat I1 thi »s howl latelyv id put and the rrie. th ecconomIizing ; the outcome Wise economy careful and The old ada ish" still holds good St. Mary‘s Journalâ€"Ar of unusual economyâ€"by business firms and spe: the present time is im he â€" pre which 1 enced. 1/ Phone 863 The following reduced prices are effective in our advertisement which appears on another page in this issue. , Reduced Prices Many penny w 1 imply whict mp ny ridllv â€"â€" l nhe ne? individual r bodlies f should read should read h elligend ind Mmes : riment tain Permanent Quality n American Beauty Parlour LAURA ST. AUBIN Wilson Avenue, Timmins All omplete at reasonable prices $5.00 _ $7.50 $10.00 Black or Mixed, Ib Work Guaranteed service in Massage, Etc