FEBRUARY 10.1933

STOCK

THE _ gl-lARhnTTETowN 0115112111191

Q00 TA TIONS

;—i

Eastern Trust Co. l

Shows Increased

. ‘ _ » - . , , BllSlllGSS Stock P1168! l New York " Profmlalqng Cl F0 St k E h (i111 lb: loléghbnfléllfgelprl! ose rrm oc xc ange Upsets Early .::.':.l"".;;:.;;:r1111212121 lloldelis, held at the” Company's - ._.__ . _ In Mvntrwl Market Rall m °$il1°°¢i3§2l"“§"§'s"h°‘é 12”" wumdh" PM” President ‘of the Companycldhhh .¢--- sl-Wkl 0|“. I MONTREM-I- Feb- 9 “ti”? Am F0 Pr Despite o flurry of proﬁt ta lug u Am R821 . 3111 BY FREDEMCK GARDNER it!" trading the Montreal stock Am Tel 1275 Associated Pres: Flnlnclnl Writer WlAZEeltTZYﬁ1Z§LTSST§SE1£ Am wcuzel 1331‘? NEW Y°R4ﬁ lleb- 9- (CF1- 5 9 c ~ " A 115i 1111 t0 B POlnt- vellum“ w“ model? 2111;171:225’ 35% cram‘ £1111? 021mg? rlléeﬂtilZg-talfgl); r. . ~11 1-»- w 1 iﬁdlitnififllﬁmlc .. planners:- lm-manoe Such paper stocks as Auburn A 41,, mmus whlmns gallium. Dryden, Howard Smith. Ball. Ohlo 8% Traders read’ eagerly me an- l pl-lcc Brothers, and 5t. Lawrence B1110 Low 3% nouncement U s steel Con) had 1 Corporation all recorded narrow 36111111! AV 12% effected a new wage a eelment ' fractional advances. Beth St_ 541,1, Wm‘ 1,5 walkers but p“ erred w weakness hit. the steels, with Ches Ohio 3g 518,, her stccl of Canada preferred off 4 Chrysler 541/. 1tspo°n1bl mﬁlassesslng points to 56 in the first sale of the 00m S0 11;; 118115 $.31: fs1gce1,.ug1r11s1fedmazkﬁf 1-11.11‘ and the common down 1 1-2 C011 C1111 41 mangled an“. a day o; “mu ~ - » . _ =- . gIIIIIB m 60 R3ll$_ also sold lower. Can 0°11 Edison 22 m1 1 ~ udidn Pacific. National Steel Car C011 G85 C0 11; 3- 1S1°sses'bu§’°ﬁmr shares m the and Crmladian Ca}: Preferred lcs- ggzllvgglgfllqt A 63 £52,119?“ mm no “ed w Sen o“ a in“ a "a? ‘o? 9M ' _. 16% Canadian swclis incﬂned lower. lTbtsalﬂ"sgtgg§'Bgll’ll((ilgsf/$l2lgfl§tl 21am’ Egg $9121.“ 181'?‘ 3°" Tdepmne drmed 3 1-2 1‘ m" "' ' " ' Gen E18‘: 9f} points to 160 and International _ _ Ge] 1,. 1s 39:11 Nltkﬁl a pclh-t w 4e a-s. Fraction- Gen Motors 321/9 ally lower were Distillers-Sen- Goodﬁch 34,11} gram. Dome. Holllnger and Lake Goodyear T 19,11 Shore. Pdwer Corporation. Massey Gt No PM 21“! Harris and Brazilian go. ln ed (Camuﬁan Press) Hub Mo‘ c“ 3": rrﬁblginsst-renath rem in d ' th . ‘ a e m e Close g2: Tcl 63% carriers. aided by unconfirmed but Kenneuﬂt 6 wide spread report a fneilzhl. ram I I 175 I 37_ lid-vane» mllrht be granted before |1n-'\(-\’W)R'l‘ll ll'1 Pld 15% MOM Ward 33“; the week 15 out 1111 of I)ll‘t'L‘l(ll'5 “Ymls 4% Murray C0 611 The Associated Press averam- of W *"~~-~—l . 1 22:1 l... 111i l: are can“ 12153.3 M s: I 1 l -'- - '1 . . am ers o 747,770 cr oll la ‘l- 1 _~ in a :06 ions D111 "n11 a New York N H 2'" 1 1 11w .~ .11 ~ l. . - p.311 A g3; 113m co no“ “m” “gams” "m "mmal" §ll§1iil~§7 111-5.“ '12} il§§“v€-§1Q 5155c Fflloel‘ 37 N! 11% Gomnali s guaranteed“ invest- F!‘1~‘l' v T c 1s Pack Mot 4v , -_~ 1’ . C, - . o. 115 1.1.1.... 10.: MINING 21:11 ssl.t*l...r2l::lli:..111.1 ‘:11. 11m Oil 18 Pen" R R 10% lllvestnlt-llts to the value o $2,- Im" Pete - 29% gig? go 2771/ (Canadian Pres!) _i——_.——_ BANKS gob sac cu .1 a2 ' TORONTO- - 19- ——— ure o 112i (Canadian Plea) gig? 201g 61,-’.- Stocks o 31' Stocks Close Sears Roe Co e013 gftgncoll Sh ll l l,’ on Canada» 59% Soﬁthuﬁaﬂ“ o“ Aldermac Nova Sctla, 51,41 Qﬂ N J 43-1; Alexand Cnlnlncl-cc 162 stud; ()0 5.5;, Amlm R9571 Bmlk 179 Texas Corp 401141 A118 C1111 _*‘-"*‘—i U ited A -'-' Arlltfield NEW YORK cums 1,311,. Co1;p 251;‘ 15111.1, United Drug 61%! Aswl a Sllldki Close United Gas Imp J Augile Anlvl" Cyan B 24% U S Rubber 28% Aztec, Am G111 Elec 23H U S St Co 54 Bunktleld Am Slip Pow ‘is U S Ind A] 19 I 59 Metal A-soc Gas Elec 1 Warner Bms 3-111 Beﬂme Brown Co Pfd 25 West Union 24".- Bldﬂ°°d Cities Scrv l“; West Air B 23% B18 M155 Creole Pct 22% West Elec 95 B01710 El Blmd sh 7% Woolworth 41g, Bralorne Gulf Oil ‘orp 31% BTOWII 011 Hllllllblt: .11 6111 11211;; $11k livrk iced Ail‘ 8% u an 111g Hud 714. Bunk H111 .11, Pnonucl: raters w, __.__.. n a MONTRFIAL, Feb. s —(CP)— (‘ml P111 ,, Price held stead today m light Cm Pore 11 "- Mortgage SQIQ 21111111151118 on Canablan commodity gg 1;,lg'v1g',_1§,q1' iii \- Q I a . C 1th J3 . ‘There will be sold by public luc- “Bgwflffggt T3218 §§§i§,,',§"1§1 cglflfﬁs 130 837 12 11o. wll ll rvbltbgldiyllﬂ 1111" lllm ln front of the Law Court! ) 3,, 14412 34 weswms re_ 9011111111111 157 . l $1 -9 15 o 11s cuss Building ln Charlottetown In “waged 5'3 1443 1:2 S8195, 200 Co“ C1111, g9 .. l; n 1121 nccouhbover Queens County 1h Prince Edward ggies Que 81.355 regﬁded 5 a; Darkwatcr 1611 I x111" l1l'(‘¢‘P~ 112. P119 10111 llmds Island on Thursday thetlltnlrdhday 3 8 Davies 44 lllfﬁlfllltlll rad lﬁltﬁitglglllféﬂg; or lllart-h. A. 0., 19311.11 he our ' - _ _ DQme as" r;_";_ _ 1'1; >1 ~‘ . '*-~‘ nl‘ tvrolvc o'clock noon ALL THAT 0kg‘??? sxgiongngilﬁlwdé 24 b284, Der-mom 32 I $.1tQ,8£IO.7ll. tic tonll b01111: $7.06!,- TlL-ICI‘ piece and parcel of land Adrfpdhfg 23a, A_pu11e 22a. B.’ Dorval 16 939441 _ _ ‘_ . llituntc lying and belnl on Lot or 1M ,e' 19 pa. ‘Bqmdmm 19a ' East Mal 142 A5 hm 5”" m“ _T_“*"*_Lt_1‘-'9 ‘m the Tcwnship Number thirty-five In 5 ' ' Eldorado 240 ' U" Cmnllam -*' “l-‘Sfljs w“? Qzzrt-ns County in Prince Edward ' Falcon 620, _ 15°‘! "l I“? ma“ ‘hen aw?’ 11211111. hounded cha described as L tock Fed Kirk s11 11111101 \ 11- 111-11101161 31111181 f follows, that ls to sayz-Commenc- Fontlma l4 _ 4 m ‘:‘»1.u';1g“° 0 a ‘l?’ ‘ Ing on 1h:- South bank of the MlII- Francoeur 3B I =0“ l!" , "7512? “ltwa “llfogn E = row (‘reek 1nd at the north-west- OMREAL Rb 11 _1C1,)_ Gillies Lake 16'; B" t0 5-15 191*? ° rorncr of one hundred acres o! M .1 ‘ed 51181111 1n 8M1}, Gods Lake o1‘: t11°1X§§Y,-,,;"},'1"~°“ me a“ ‘lmease In d formerly in possession of Vln- llilogtplkcﬁeaflﬁ _ 1mm 51,0 prmnde Goldale 21 Wit-t” _ ‘_‘_'.'- ‘v; 1O var. _s€t§ rent Boll now Thomas Bell thence 2'35 ‘:31 n §°m 1,161.81“, 1181“ Gold Belt 3B ‘<11 “l: v ~ ‘ y“ h Plfuiga‘ and" 5 snutll thirty-eight degrees and l‘ ‘m; y cm 8 8e 001d E3819 ' 3o "'1'1n'1;1n" .1111‘ c [in 0:1 “kﬂcvlﬁg 11,“. tlllrl-Y minutes west ninety-five m‘ 75ft m 5,1, cawes 250, fish 9 a1._.r‘1‘°_“_1’_‘ <>,-§1~l,1~?1_,1\11n,1°1;<ig} lﬂd lhlllllS thence north one dozrce Rgwlp 5, 3m é 111, h 3.54 ’ Gunnlvr Gold 98 (l\1f‘[li1;~‘- ~l‘l‘l_w '1'} c rméu 91M. "eh-vol chains ma rel-my links smepnangm 5' “.518 °g§1hc1p511y HﬂPdfOOR 147 $7111 lﬂﬂhfm 61111111) 800$ -- mmm" pandlﬂ h’ ‘he ﬁr“ men‘ CM e t e Klein unﬁt cows Barker 13~ t-L-lv-ruil ‘m1 the Rt"(‘l‘i"t"lz‘llwe‘ls “‘"‘"' m" '° m‘ “i” 6"“ ctlirflmol“! c: ralhsalh fgﬂm $7 w $3- mums“ 13”“ 1113311‘ nih- 1111mm 1th sscoooonno mm“ ah"! “M” "f the “h! w‘ ltbc a1 calses were offered Hm“ on m? he ll lltNl {+111 ‘ll the Colll wn-"s Frock tn the place of eommcnce- Igo eg1ve brought $9 50 Homer-t 2:1‘, 11:11 ‘ l" ' p‘ y 1111-111 00111111111111.- fifty acres of hind bﬂf1mu1m§u1k o, mm 501d ‘n, Howey 27g - m,‘ Rvwrv, m", Mm ' mm "mm "r less‘ wlleed leis at $9 Common lights Nickel 4817 <1 l lnl-l-v-lsvrl 111d ll< 11111111115 The “hm”: Sal" is made pursuan‘ mix d t0 $5~Wlth grassers It Jwom 15 g 0o llflll K br-‘inr; K ("ll-iqontly" to the Power of Sale contained In sod own Jemme 49 ..q11,111.1t1,.,11.,] r111}. p-“Qgprn T111111 m “demure "f “hung” dated I l b section seven hot- Ken Add 198 Cnmrllvlv 'l- slv-lllilv ‘fnlnrnvln its "IF lilth dav of November, A. D., on lambs in close t0 46 Kirk Lake 1'35 wllc-vlv dl-nlllv looﬁtllwll No (‘hing- ms‘ and mkde bﬂwem “hm” housihanfl‘ usher?) gil n cheep Laguna‘ 6°14 d?!‘ b: 1'11‘ lb:- m~lllqvilll~w non-d of Di- Mhllll! 0f Redford In Queen! po1unfb' ‘a Eloumo“ L ' Lake shore 54 i‘ rvolnn-trolz plwic (1111-1111? lhr- veal‘ rmmty l“ Prm“ Edward lskmm sod tombs fed and watered Lam com llllll Ill‘ \\‘11v'(‘ rb-olrctorl at tile‘ 1111-‘ fnrrm-r and Mary Ellen Arblng. hls 500x19 2508211119 1,1111 115111;] 51' 1mm cad 13111 1111.,1‘11,1,,.,,,1, ‘ wife. of the mle part .and Rosetta m e1 7 m‘ 11 101-55131; wlm Lav“ cap 13 ‘ _'Q_ T .i____ lxlal-Jltulayrof ‘Ihéaoaﬁlc in Queens laﬁgmllggnrngfscutne on on, zmdea 524216311210 H‘ M l mun ' ,_ , _ <1 1111»1’n=§1f”§§r1ul¢w 7171711“?! be‘; Bogs ﬁldltfilrrzmnﬁriit? rsdlllzgitade Mitch 52g Ontrua mantle in payment of the principal h ‘n 116151711911 e20 cents $11 55 a Lmle L’ I’ 490 mom-y and Interest due under the °gsd d 1m while sows ‘held MEWS“ 443 S l’ F h 111d mortlmlte. htlemdmrxegl '16 rail grade with “M22. 15o ‘ “ "Xc ange For further particulars apply to i108 ywc] hed 01f can; down 15 1%“: 1 91; ' elmiioltfléiﬁlf°i7liallM" Bldg" “sis “gh““d'°d'°’°i“h* a‘ “,1 Mzlﬂgtgge 41%" 1011111111111“ Press) ' ' "- Bacons of»! trucks made $8.75 an McKenzie 91 5101.1“ (1105,, Allglcdl 9211i; 26th day of January, sows ;5_90_ l h 1d Mcvuﬂe 15 1 -» - - ' a4 noscrn lvlAcAnL/lv. qlgrtlieswlvfh it: stitciinshcilgrs 323;“ 215 §f§,;]1,.‘,,‘, ‘i2. Mvrlxnxw- ‘$5.50 and cows $4 down. Calmers Monet“ 222 B (j 151m- A 31'“ 1* 11-21111-1-27-2-3-10-11 Eng qgltltfrssellét 51$: tgfgg 113:2} lltqllcrrl}; Kirk 11;- Cnn 51111.1» 11 an u s . - um y "l Cllll ‘or Pr 18'; ' calveu bmuzht $7.50 11nd 811556" Naybob 3,", chi Cill‘ lu 10'» Fm R L E ulp to $.75. Newbeg 511]‘: ((5.111 10211 11rd g1». -—--———-—— Noran a ‘ [m1 11:1 ll A :1" ___ nopmw, lﬁeb. 101-30511“- Normélal 2g (cm 1:111 1 ‘ [1 . . . W (".1 . nor ern 0 Z " -N n all J c.1111 3 llolkcpngflw .,..'IT,“,§',1.11‘§"",,"“6".',',§' icy]. Canadian western No. 3 .77; ($11K: 355 (381111111... 111 0111c. Amnv u, I a e outs. feed N0. 1 .56: flour. spl-lng- Qllalta "$1,; Cock Plow a". MR5, Mlqgy MCEAQHER}; wheat patents firsts 8.10: secgnd: Qmgga,’ 4,“ Cons Smcl so 1' "n: ".l%i..§“‘§;f§1¢l"°‘l' an 11v 1 l.» . O 1 ' ' ' I t1 "v1 L»35.'l4-2-9-2i. c “r o ‘m Its set Payore 29 ‘ Parbenan n 13% ‘ﬂ4q-y44hhh AAAAAAA AQAA n‘ n‘ r r AA ‘n4 Pmﬂorew _ 57 7 - - I Paym“ " 140 l‘. Advertlsln Rates-Payable ln vance mo“ 415 Pick Crow Gylhum 1 '1 Cﬂlllrlll Gulrdlnn loeall. 4c per word; wcmm n11 111cm" 11mm, ac Pioneer 33,? {low §1nl1h 1:11, ill-r word; Announcement: and Cumin; Event: 3o per word; Clllllfled Powell 210 m!) I_l1l) 14w '39 l!" WIDTH; In Manual-hurl Notlcol, 70o per Inch; Llltl of lflnrnl and Premier 118 Illt Nlokvl 48‘: “M11111! Offorlnn. Uurdl, "m, m p0!- nnmul Letter! of Clndolanoo 1011 pq-esmn Lake Wmitls 121, lu-r tm-ll. Nut-lee: 0| Thnnka and Appraclntlon, 10o p" Inch or do our Que Mm 60 Mnssc-v Hull-ls 7 vmnl. mim- run-l on n llr Hon ‘ a ' n lllnlmurn c1111: 67,070: u: ' Qdvortluruaut twenty-ll" um: Qllemont 4111 M60011 I t 1.’; 1 ' ' ' j Read 1mm 31 Mtl Pow ~ .- ~¢~+¢n Red a?‘ i 25 2W8’ . - m" gkﬁo (ma! Nnranrla 11o: Sale Lost ggglgf,” 111 gsggggfggq... ' ,_ < 1,1; Shawllli "fill F01: sou; ._ pom; B“; nos’! - um MARKED MALE ggﬂn, l" s. Law “can, Guernsev Bull. three veal-s old silver 10x. Reward for return to qh W11", s; Law Pm Apply James A. Clovi Murray 511"‘! w°'m°*b1°' 37mm" Km‘ 5h“ or "4 Sou Clm Pow Harbor North. L-alial-a-o-sl. - lrlﬂll-R-ll-ﬁl- 51$; 2g; st of can “ ' ' ' ~-- - St of Cml P 110x rcnomn. BALI (sun/rs) 2l““°“1. w‘- Win Elec A “hum” mil L-ases 2 lo-al wanted 5°23: um a“ w l 11 w _ ' ' - Straw 1110 r 1111f L-t-i- Tun - LARGE alzll CRIB- 111 Q11 Ynllr Y G “hi... 1:11.; 111:: "5'- °°"“°“"‘i11 .2111 Si‘: 111* 511-911 Away 10x11: Sh“ u hood. Phone 1.458044%" Bu no 34o .. . @11- =~1e=-=-1<»=1r '- ' $11121, . “g1 1-. . 1- k Hugh ‘ Coast Con 350 lemme He“, wanted Work Wanted $1.5m,’ 111 5011a l 51,, é _'-—'_—""'_“ To gmao a 5 WANIE]; __ MAN wnurs wolur on rum. U01‘? m Hm, BM, 21., MIDDLE AGED G u-dlm 1315 . Woman 1g;- 11 Apply G. acre 11 - Unit Oil Kirk Tourl 19 "N." care ou.1-q1['“°§'§,°* ‘Qwfffo. 5 14-3558-2-10-311 vgntllﬁs 6115 ‘lvlclrohlc m. ‘w ' “'““ Wlllte Amt! 17° Mlllldv 2o WANTED _ gxplnu g TO L97 urmrllrn n Pend 0r 2011 NCID (1-1, , mald. References Apply Mm 0 -~ w Turner 1 Penl 0.- 203 51111112.’: walls. ' ' 'ro Ln - uovsl-z. APPLY 1'1 “"11" 111111110 ‘"1 Robb M0111 "1 53553.34»)! Orlebor Street». 114535-5941. Wood Cad ‘lbmlsk

PAGE Fl Vi

t The Eastern Trust Company

FORTY-FIFTH ANNUAL REPORT For the Year 1937

Maintaining its record of progress and achievement, the ﬁnancial statement of The Eastern Trust Company for 1937, presented to the annual general meeting of the shareholders on February 9th, indi- cates continued improvement in the Company's affairs. During 1937 the assets under the Company's administration increased by $1,534.663.44, the total being $58,9l0,279.88 at the end of the year. Guaran- teed Investment Funds increased by $379,850.76, amounting to $7,061,989.44 on December 31st.

Augmented by a further addition of $25,000.00, the Reserve Fund now stands at $300,000.00, the highest point in the Company‘s history. This addition was made after $28,000.00 llad been laid aside against tax levies, $21,707.96 written off assets, the proﬁt and loss balance of $24,275.98 curried forward, the regular dividends paid, and provision made for all known losses during the your.

The steady progress being made in the advancement of the Company/s position has for many years been uninterrupted, the upward trend being maintained even during tl-lc (lilﬁculi period recently passed and continuing now in an ever greater degree. Assets are steadily increasing, with valua- tions being conservatively made, and tsigible evidence of public conﬁdence is seen in the progressively larger number of accounts being entrusted to the Company's care.

which the various Taxing Authorities have imposed. As in former years, the

_ESTATIZS, TRUSTS AND AGENCIEQI Stocks 8: Bonds $40,019,008.“

Mortgage .. 4,846,077.02 Assets. °£ the c°mpamy have Savings Bsank .. 158121141; been 1ncluded at less than Loans on stocks the" market value, and Bonds . 48,555.58 rsrmrrs. TRUSTS AND AGENCIES: cash ‘“ Ea“§ m, $73 The value of the Assets Estates Trust Realm Sgseﬁggd '1 ~ in all sections of the Bal- and’ Agencies Sundry All ance Sheet shows a satisfac- "m!" Ad- iets a1 Inven- ~ - ' t t' . 50.460.502.40 V l . 4,639,318.95 14°F)’ Increase i0!‘ the Perwd- mm m w“ i-_-sso 46o 502.40 my a “e _i_- 50460502110 1 1 $ . 1 It may be noted that bonds -_-- ___..__ held in Guaranteed Invest- 858.910.2791!!! 858.910.279.86 ment Account now amount i ii to $2,837,392.30, these com- - . prising Government Bonds 1937 3555mm F111;? and similar high grade - - D . 91- ......1 . 1 - lnvestments. The operation ec To Balm“ 7 3.0000000 153:‘; g1 BYB}§*‘,}:1_'Q%‘*S1Q1;- ‘toms 275-0001” and rewgfis $2319 6gp“); Proﬁt and LOSI ....... .. 25,000.00 were su Jec e to t e usua w? —-———- thorough examination by i‘ 10mm ‘Naommoﬂo the inspecting ofﬁcials of 1038 I 3m 000 0° the Dominion Government J“- L By B“ “n” """" " s ' ' and other Jurisdictions, and under the direction of the PROFIT AND. LOSS ACCOUNT ' ' f To Quarter] Dividend Nos. B B la 81st December. Inspection Committee ° 144, 145 3:711 146 90,000.00 y 1926 n? . . . . . . . . . . . . . . . .. s 24,150.21 the Boar?‘ an Items of the To Quarterly Dividend No. By Net earnings after deduct- Companys Assets were ‘I747 declaflcd 93am due 2000000 ing ChEPiCSdOI Manage‘; ' 3 , 1 8 . . . . . . .. , mcnt. u itors‘ ml examln-ed by our ow-rl To grggerbixltures Written Of! 8,200.67 Dlrlctors‘ Fees and all Inspectwn Staﬁ Audl‘ To Office Premises Written other expenses . . . . . . .. 34133367 tors, and the Certificate of T txvn Fwnti. ﬁib . . . . . . .. 3,333.3: _ ' O S58 I‘! en OW , . the latter ls amxed to the To Provission for Taxes . 28,00000 Report. To Transfer to Reserve F 25.00000 _. i- 1 _ _ To Balimce 24,215.98 - s 1111911394 with the steady increase ____i__ 1938 i ’ th Reserve Fund and i In e Jun. 1. By Balllllce $ 247375-93

the continued strengthen- ing of the Company‘s in- ternal condition, the Direc- tors confidently invite the accounts of all those who require trust company faci- lities. No business is too small, and none too large, to merit our careful atten-

A UDITORS ’ CER TIF I CA TE

To the Shareholders of THE EASTERN TRUST COMPANY:

We have examined the Books and Accounts o1‘ ’l‘lll- Ehyltrll ‘lrllsl Clllllllrtll)‘ at lls Head Office. Halifax. and at the Charlottetown. Alollollwn and Alllnlrvzll Branches and have been furnished with the local Auditors‘ 1111111115 1.111 $111111 Jlvlllt. NB. and s1. John's, Nfld._ Branches. and have acct-plied the Certificate of tho Cumpunyﬂs IIISPIJCRII!‘ for his audit of the Toronto brunch. Wc have vr-rifivd lhl‘ $\El‘\ll'lllt::l at the Hl-lld OlllCC

the Inspection Committee of the Board i_n respect to lvlortpagcs and Real Properly held. We have been fugnlsgep withsall Eheflglfofmgtloh Zlllltl (ENIHEIJIIIUIEIS lllnlvc 111111111711. d ' ' ' t 1 a c ee o s . ucclnsvr, .1 , su m1 c: wrcwl l_ IS F‘ B‘ MCCURDY’ ggopeilflytjudrzfveyllrlg spells to reafhibit a truc- and corlcct view of tho state of tho Conl- President panys Aﬂairs at 31st. Dccenébcr, 1237. acﬁordlgnpbtokillorlaill-st g1’ 11111" lnfnrmntlon :lnd . J,‘ t .'\ ‘s ~.\11.\' Hahfax, N.S. exp an1tlon< given 0 us an as s own ‘v c 0o JgnlsroﬁjtngmllnlTlvl & CU 1-1.1‘! _ N5, Ch: ‘t l‘ d Accountants. January 29th, 1938. '1 121531 January. was ‘l ° " Audmn.

BOARD or DIRECTORS

. VICE PRESIDENTS '1. F. Tobin, Esq, K.C. F. P. Starr. Em.

on behalf of the Board.

PRESIDENT H.F.B.MCd.P.C. on c u: y DIRECTORS

Col. D. H. McDougall John C. MacKecn, Esq.

H. R. Sliver. Esq.

D. C. Sinclalr. Esq., KC. C. W. Stairs. Esq.

J. ltlcG. Stewart, Esq.. KC.

2. 888C119)’, Esq.E . lrk ameron, sq. Alex. J. Campbell, Esq, K.C. John MacNeil. Esq., KC. Alvin L. Chipman, Esq. Col. The Hon. J. L. Ralston, PC, KC H. R. Cocklield. Esq. l-lon. C. W. Robinson, K.C. l-lon. J, C. Tory Henry J. Hague. Esq. KC. Hon W. D. Ross . J H. Winﬁeld. E511- SAINT JOHN, 11.13., ADVISORY BOARD PRINCE EDWARD ISLAND ADVISORY BOARD F P Starr Esq-Chairman C H‘ B‘ L°"‘-fw"nh' Bill-Chairman

'1- 11 Estabrookl Esq J c Harrison Esq n: w w Whltem‘ L" B“““h""“" Esq‘ “m” "i°k‘"d' Esq‘ ' ' ' ' ‘ ' ‘ ' ' ' ' ONTREAL 130111110 MONCTON ADVISORY 150mm He r 1N1“ w, E, Ktkchairmwn Hon. C. W. Robinson. K.C.-—Chairman A K.“ c mefmy liq ' R éockﬁeld‘ 1: . ' l. S - . . ' , 5 . W‘ U- Awlelvﬂ- Esq- 1°11" lgﬂlldhlwldk 5811- Col. b. 1-1." McDouglwll CF11. 1. 1.. Ralston. P. ._ KC Ralph W. l-lewson. Esq. B.C.L. Hon. . . eger. . . - TORONTO BRANCH NEwFaunrgl-AND Ail/lazy BOARD Hon. W. D. Ross, Resident Director Hon. llmuel M1 ey airman

HEAD OFFICE-Halifax, N.S. Davld Baird, Esq. Hon. I‘. McNamal-n F. H. M. Joules-General ltlzlnilger

LIABILITIES ASSETS Capital Paid Up $ 1,000,000.00 Dominion, Pro- gesglzve lziunld .. 300,000.00 vlncilall, Mund- IO 3H 055 1C1 H 1'1 OF THE Account, 211.215.1111 _0t.l¥er Bozhds s 111111571111 . Provision against Stocks .. . . . . . . 57,684.00 Board of Dlrectgrg Liability for 1.0.1115 on Stocks D TaxesNH . . 48,512.06 11nd Bonds .. ' 'v'ded 0,14 M rtzl 3'I'4T Fur the Year Ending l ‘dug January AOOCFIEQSBSIDtEIESt 31st December, 1937 am. 193a 20,000.00 on Mortgages um n and Bonds . . - To the Shareholders of The R981 Esme held Eastern Trust Company: offlCléor l§?2§h1s’cs' “H8110 The‘ Directors jubmit giiimDeﬁjgﬁ herewith the Fmancial Boxes .. 106,000.00 Statement of your Company Aﬂvﬁfigs $111551; __j_ for the year ended 31st c ﬁnd Agencies 15011241: ' Ba k ' December’ 1937' as lndubn Hahn 86,075.78 » The Earnings for that s 1,317,788.04 8 1,387,781.00 period have again permit- nsrosrrs r01: INVESTMENT DEPOSITS r011 mvssmnur ted the payment of the GUARANTEED . 1,001,009.44 QUAKANTEEI" regular dividend and the ‘~ “°“‘,‘,.“,}§g1_ 1111):: transfer of $25,000.00 to glpal and the B0nd$$ 2,831,392.30 Reserve Fund' Lllflortgaggs .. . 1,689,115.03 ‘deqmte Prwlsim Pas 1 oagildorllsoitlflf? 2,349,008.24 been made f0!‘ possible Accrued Interest losses in Mortgages and °Y1 ll/[Qnllﬂﬂel other investments, and for ca,1f‘“d1nB°'1',da5nk' 3235155 th e mcreaslng taxation , and on Hand 153,642.32 c , . ___.__._$ 7951313944 s 10613119“

4.. h? i915,‘

tiOD- and at the Charlottetown. lvlonl-tlvn and Montreal Bruin-hos of the ("Ymllilily 11ml for U19 .. other Branches have accepted the loclll Auditors‘ Vrrlflcnllllll Rlporls. illlll tlllll 11f RESPQWEUUY submitted the Company‘s Inspector 101- Toronto El-ilnch. We lulu-l- .111» LlCC"]"l1’d the Rm- .1": o:

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