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PAGE TWELVE

Tl-IE GUARDIAN. urIAni.ui'rr;ruwn

ilrapaud I District l..0.L. Annual Meeting

Crapaud District Loyal Orange Lodge met in annual session on Jan. 10th, at 3 o'clock. in Lorna Lodge Rooms, Desable.

There was a good attendance of members representing each Prim- ary Lodge in the district. and the afternoon session was taken up with appointment of committees and the address of the DM., Bro. Archibald Shaw. who gave an en- couraging report of the Orange Aa- aociation's work in the district dur- ing the year 1951.

An inspiring address was also given by Bro. Rev. W. G. Killam, after which the meeting adjourned for two hours. The Brethren were then taken to the house of Br. Wilfred Ferguson. where a splen- did banquet was served by the sis- ters of Melville L. O. B. A.

After reconvening. reports of committees were received showinz District had a very good year and other business of the session was transacted.

The election and installation of the folloxvmg staff of officers for the current year was ilim carried rut: District Master. Hector Mac- rsevin; Deputy D. M.. Fred Mac- Phail; Chaplain. E. C. Helm; rc- toroing secretary, B. C. Holm; fin- Jmcial secretary. Dan MacNev'in' I:-I-asurrr, John .liocEacl1ern: lI"('- iuier. I-tarry Qiiigley. deputy lec- turer. Alva Walsh and Marsha.. Lewis Gordon

Session adjotiriied to meet in Derry Lodge Room. Canoe cove. in A953.

- BRABE, ucitnv & co., LTD.

V!'holesala anti Retail Distributors Eveready Flashlights and Accessories Eveready Radio Batteries Prestone Anti-Freeze

SUMMERSIDE, P.E.I. '

CAMEO THEATRE

K ENSIN GTO N

Wednesday-Thursday 7:15-9:15

Adventure surges out of the South's vast tobacco-lands. Star-

irihg Gary Cooper. Lauren Bacall.

Patricia Neal. Jack Carson. Donald Crisp in,

"BRIGHT LEAF" He had to fight for everything, except this woman.

CAPITOL Summerside

TODAY 3:30 - 7:15 - 9:15

' recent illness at her home here.

Ellerslie and Bidetord

- Mr. Leith l-layea was a passen- ger to Summerside on Saturday. Jan. 12.

Mr. William Maccaull teacher at Claremont. span: the past

weekend at his home here.

Mr. P. M. Maccaull motored to Charlottetown on business on Fri- day afternoon. January 18.

-Mr. Lowell Barlow, station agent. spent the past week-end with his parents. Mr. and Mrs. Howard Barlow. Wellington. Mrs. Kenneth MacDonald daughter, Judy. St. Eleanors, visiting with her parents. Mr Mrs. George Smith.

and are and

Mr. and Mrs. John Coughlin were guests of Mr. and Mrs. and. Mrs. Thomas skerry. Tyne Val-'

leg, on Sunday. January 20.

Mr. ahd Mirs. Channing Cough- lin and daughters, Betty and Phyllis Lot 16. were guests of Mr and Mrs. Earl Coughlin on Sun-L day. January 20. ,

Mrs. Harold Gillis spent. part of ihc past weclr visiting with liei" sister Mrs. Earl Simmons, Stim- rncrsidc.

310- i

Mr and MP5. Claude Hayes. romp.-Inied by Airs Ernest Moir- Nevin Mrs. Ralph Dickieson and; daughter. Erna, motored to Sum- merside on Tliursday. January 17.1

.. .... .- . Mr. and Mrs. Mcivln Huichin-l son and Mrs. Theodore with relatives in Summerside Saturday.

visited: on January 19. I

Mr. Bill Pickering. Summersidn! nail the first of regular weeklyi picture shows in the L. O. L. on, Thursday night. Jan. 17. and had- an average aiicndnnce present. 1 I

The legion oi friends of Miu Miarie smith will be pleased to learn she is out. again after her

Mr. and Mrs. Alexander skinner

and daughter. Sandra and Mrs. Byron Ramsay and son- James motored to Summerside on Thurs- day, January 17. . James Burleigh. and Mrs. L. A. Burleigh motored to Summerside on Thursday, Jan- uary 17.

Mr. and Mrs. Jack Milligan were roceni. weekend guests of Mrs. Mllligan's sister. Mrs. James Mac- Nelll and Mir. MacNeill, Kensing- ton.

Mr. and Mrs. Peter Millar and children, Ronald and Rowena were guests of Mrs. Mil1ar's par-, ents. Mr. and Mrs. Ralph Ellands ,MacNei1ls' Mills, on- Sunday. Jan- uary 20th.

Mr. Byron Ramsay Port Hill. visited with his wife and children Jimmy and Charlotte, here. on Sunday, January 20.

F . Garageoiag Sesrvglggtlon At North Bedeque For particulars Write or phone W. E. STEWART P. 0. Box 418, Summerside or Phone Ch'town 1670 Summerside 7901

GEESE

A limited quaniity left for breed- ing purposes. No African ganders. a few African geese. Toulouse gan. tiers and geese. a few small China ganders. All young birds priced to clear. 35.00 each. Any not sold by Feb. 9th will be availnble on shares.

(irons: Arrucit

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,InIIiIIIIIe-IIfItistIItIIIcIuIIs.....IIW”iI'ii

CENTRAL BEDEQUE, P.E.I.

.

Mr. Vernon Grant and sister Edith. both of whom are employed in Summerside. spent a recent weekend with their parents. Mr. and Mrs. William Grant.

Mr. and Mrs. George Adams Summerside. visited Mr. and Mrs. Bernard Adams on Sunday Janu- ary M.

Mr. and Mrs. Sherman Hutch- hscn. Summerside. were recent weekend guests of Mr. and Mrs. William Grant and Mr. and Mrs. Jack Morrison.

Mrs. Ivan Miller was a passen- ger to Summerside recently and via- ited with her husband who is a patient in the Prince County Hos- pital.

Mrs. Jeanetta Ogden spent a re- cent weekend in Summerside. the guest. of M1". and Mrs. Earl Sim- innr.s.

Miss Doris Morrison. Summerside. spent Sunday, Jan. 13 with her parents, Mr. and Mrs. Jack Mor- iison.

Mr. and Mrs. Ernest Payiiter motored to stimmerside on Thurs- day. Jan. 10th.

lilrs. Eriit-st. Arsennuii. Murr.-v R-.i2.d. spent. it recent weekend with her daughter and son-in-law. Mr. and Mrs. Jack Milligan.

The manv friends of Mr. (inrdnvi Nlilar will hr pleased to learn he is mnr-h impioved after his recent illness.

Miss Edith Grant. emplnyi-d in Summerside. spent. a recent. week- end with her nat'eni.s. Mr. and Mr: William Grant.

Mr. and Mrs. George Hairs and children. Arlene and Valerie. Stim- rnerside. were guests of Mr. and M15. Leith Hayes and Mr. and Mrs-. Melvin Hutchinson on Sunday, Jail lihli. '

Mrs. Mark SllllllllPl'!ldi'. visited her father. Mr. Willard Hutchinson, on Sunday. Jan. liith

Miss Ruby Maccaull. Summer- side, spent a recent weekend with ncr parents. Mr. and Mrs. John Maccaull.

Mr. Henrv Grant visited with friends in Summerside during the past week.

Miss Mac Grant. Suinnicrsid-a. visited with her aunt. Mrs. Mar-I garet Grant. on Sunday, Jan. 13th

Due. to an outbreak of red meas- les in the district. there were only ring children present in the Eller- siie Primary School on Wednesdaz: Jim 16th.

The hockey match between Lot 1.1 Green Aces and Lot 12 Rockers at the Haiifzar Rink. Mt. Pleasant. ended in a 1-1 tie.

Mr. and Mrs. Jack Milliean and Mrs. Ernest Arsenault motored to Summerside on Tuesday. Jan 15th.

The many friends of Mr. Ivan Milisir will be pleased to learn he has been able to return to his home after his recent illness in the Prince County. Hospital. Summerside.

Miss Willa Giilis. Charlottetown visited with her parents. Mr. and ltlrs. Theodore Gillis during the rast week. On her return in the city she was accompanied as far as Summerside by her mother. The legion of friends of Mr. rtordon Millar will learn with re- gret. that is was necessary for him to enter the Prince Count! H0!- p'.lal on Sunday. January 20. int treatment. 1 Mr. and Mrs. Warner Ramsay.

I-Zleanors were guests of Mrs. and Mrs. Janu-

St Ramsay's parents. Mr. Bernard Adams on Sunday. ary 20.

Mrs. Winston England entertain- ed the members of the Bicieiort! Women's Institute on Tliuradav evening. Jan. 10. with a large at- tendance. At the close of the meet- ing a deliclotis ltinch was served by the hostess.

Mr. and Mrs. Albert Waugh. Wlimot Valley visited with Mrs. waugh'.s parents. Mr. and Mrs.

Gordon Millar. on Sunday Janu-

ECONOMIZE with

nwd5?

The paint for beautiful

iNALLS 8. CEILINGS

Bloomfield Corner

Mr. Albert Peters was a visitor: in Bloomfield on Jan. lath.

The 13.0. W. I. held their month- ly meeting at the home of Mrs. Arthur Martin on January 17th. -

Her many friends regret to hear that Mrs. Bennet Peters continues to be a bed patient.

Mrs. Urban Pineau recently spent a few days visiting friends and relatives in Miseouche and Summerside.

Miss Elaine Plneau, student of st. Mary's in Summerside. spent the week-end of Jan. 12th at her home in Bloomfield.

Friends of Mr. and Mrs. John A. Gallant regret to hear that their baby girl is seriously ill in the Charlottetown Hospital.

Mrs. Nell Maclsaac of St. John. N. B. has been visiting in Wood- stock, guest of her father, Frank L. Arsenault. also relatives in Du- var and Lot 7.

Miss Anne Gallant. Father Rah- ins' housekeeper of Rustlco. visited cfzirliig the holidays with Mrs. A.A. .-Lrsenattlt. of I-iowlan.

Mr. and Mrs. Henry Pirieau were in Summerside on Thursday. Jan ITIII. taking advantage of the sales r-lid visiting friends and relatives.

Mr. and Mrs. Joseph Leclair are rpendinrz the winter months with members oi their family in Boston. Mass.

Mr. and Mrs. Arthur Martin siwiii a week recently visiting friends and relatives in Miscouche and Summerside.

Mr. and Mrs. Clarence Pineau rnd fainllv spent H. week at hLs home visiting. and attended the fxins-i-al of his grandmother. Mrs. Paul Pineau.

Mrs. Albert Noonan of o'Learv spent. the evening of Jan. lath at the home of Mr. and Mrs. Albert Saunders while Mr. Noonan at.- iuided the hockey match in Al- berron.

Mr. and Mrs. Albert Saunders and little son Ronnie. were over- iit;ht tzuesis of Mrs. John Norman of Oilleary on January 17th. They also attended a bridge party with Mrs. Albert Nbonan as hostess.

Mr. and Mrs. Kentford Home at.- iended the meeting of the Y P.U which was held at Mr. and Mrs Sutherland Boll mi January 18th.

Friends and neighbors were saddened to hear of the death of Mrs. Paul Pineau on January 12th Her funeral was held on Monday, Jan. HUI. The late Mrs. Plneati leaves to mourn the loss of R lov- ing mother. five sons and five oaughters. One son was killed overseas in World War I.

BOOSTS EDUCATION More than 11.000 Danish workers" attend free evening classes or- izanized by the trade unions of Denmark.

my 20. Mrs. Waugh. who is an R. N.. accompanied her father to the hospital and plans to nurse him during his illness.

The sincere sympathy of the dis- trict is being extended to the be- reaved wiie and family. brother and sister of the late Mr. Wesley Penwarden. who passed away at his home here recently after A prolonged illnesl.

Mrs. Phillip Williams and Mrs. Margaret Grant were joint. host- eases to the members of the Ang- lican La.dle.s' Aid on Wednesday afternoon. Jan. 11th., with a large number of members and visitors present. After worship and busin- ess a dainty lunch was served by the hostess and helpers.

The hockey match between Lot 13 and Lot 16 in an exhibition game on Friday night. January is ended in a 5-5 tie with both teams trying hard to be the vic- tors. On Saturday night. the' Lot 12 Juniors and Lot 13 juniors met in a 8-0 victory in favor of,I.oi. 13.

Mr. and Mrs. James Burleigh entertained the members of the Bideiord United Young People's Union on Thursday evening. Janu- ary 17. with il small number of members present. Mrs. Burleigh asked the members to her home on the following Thursday for annual meeting. and plans are to be made for ii Valentine party. Al the close of the meeting dainty re- freshments were served by the hostcss. .

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TOIl3ilT””7.15-9.15

I ALSO GOOD SHORTS

their 1951

FINANCIAL STATE-MENT

PRINCE EDWARD ISLAND MUTUAL FIRE INSURANCE COMPANY STATEMENT or INCOME AND EXPENSES for the your ended December (Hat, 1957

INCOME:

Net Premiums -

Net Interest 9.265-58 '

Net Office Rentals .,.. 3”-95 3137-59435

EXPENSEi

Agents' Commissions 3 13-20437

bosses incurred 74-72513

Inspection costs . 275'”

Administration Expenses . 14.-31-39

Depreciafion on building and office equipment 2398-69 110-0378 3 11568.57

Net Income

Derluct: Provision for income Taxcs............... 5.82959 ' surplus for the Year I iI.7:In.s9 lIALAN('.l') SHEET December 31st. 1951 ASSETS: cash on hand and in bank . . 1-001" Notes Receivable-cash premiums . 387-38 Agcnis' and Manager's Accounts .. .. 511.74 S 1.90723 Dominion, Provincial and Municipal Bands. at cost. (approximate market value :l89.2t7l.00i M t d the securitle n cos . . . A(?(:l'5::eSlI':t:l'eSiot oh Lsecuritigi 7.. .. 1.106.113 214,518.57 Real Estate. at cost less depreclatlonl 43,860.74 5325 086.54 LIABILITIES: Eank Overdraft 5 2-795” Agents Accounts 134-” Provision for income Taxes. less insialnienis ,,,,,,, . V :I.:I72.sIa " Reserve for Unpaid Claims 4.i20.0ii 3 1" 423-2" NET ASSFJS: Balance. December fllst. 1950 .. 330-4..'iSil.Rl Aud: Stirpltis for the year 11.73539 S3lii,i'l7R.70 Del-iucf: Net Investnient. in Office Equipment 1.415." Balance. December 31st. 1951 3”553-25 3325.08d.54 J...M..M

AUDlTORS' REPORT

we have audited the records of the Prince Edward Bland Mum” l"ll'(' lnslirianee Company for the year ended December 31st. 1951 and ver::1ed the cash and bank balances and securities:

As all 'HlSUI'lInCC is on the premium note plan. a reserve for Uneifned nrcmlunis. as described-. in Section aims of The insurance Act. 1! not required to be segregated from the Companys general reserve:

We have examined the reserve for unpaid claims and in our opinion It is adequate:

We have verified the balances owing by agciits. and by policyhold- ers tor notes and cash premiums:

After deducting the net investment in office equipment as shown above. the Balance Sheet does not include as assets prohibited by The Insurance Act from being shown in the annual statements required to be filed thereunder:

bubject to the foregoimz comments. in otir opinion. and according to thc.hest of our information and the exPMI'lHU0n RWOH US. the f-ore-r going Balance Sheet sets forth fairly and truly the state of aifaiis 0: the Prince Edward Island Mutual Fire Insurance Company B-1 '3- December (list. 1951:

All transactions of the Company

that have come within our notice .'1ave been within its powers. '

H. R. DOANF. AND COMPANY Chartered Acroiiiitanis.

Chailotietowii. Prince Edward Island; January Nth. 1952.

THE POLICY HOLDERS OF PRINCE EDWARD ISLAND

TO-. MUTUAL FIRE INSURANCE COMPANY

Your Directors wish to submit the Eleventh Financial statement of the amalgamated Companies for the year endinl Dwembif 31"- .195- Jr there were no amalgamation this would be sixty-Eight HITS Prince Edward Island Agricultural Mutual Fire Insurance Cornpanijr was In operation and the Fifty-Third year the nrlszinal Prim”? Edit” island Mutual Fire Insurance Companv would be in operation. m The net premium income for the year amount-1 10 3117.9"-71 T 5 amount is the largest premium income in the history of the Cotrinpatnrt Each year for the last some time we are able to re-state t a ac. which shows that this Company has the confidence of the citizens (I. the Island. g The net amount. of iiiterest collected as current revenue for iii. year is sIi,2I5.I.tIs. This is slightlv less than 1950 The cause for this that we had a. considerable overdraft. We built the Officegnuildlng ant file! not sell any securities. We paid the Bank interest which lntere! was deducted from the current. interest revenue. l our assets are in R, liquid form and are entered in our Financiar statement at cost. The market for Dominion of Canada Bonds 'l:h' and the Bonds are not worth their face value. This does not affect I, Uomnany because your Directoralcan see no cause for the li!lUifiR'i0" 0 'ne.r.lnnds in the immediate torsaeablo future.

Our total investments exclurllng the building amount to I214 5lli.57 This amount. is made up as o owa:

Dominion. Provincial and MImIcin31 Fond!

Mortgages and other Securities. 71-106-33

Accrued interest in Seculritiea . H H Id. Ir. our opinion the use a are. R qu . g The losses for the year amount to s7i.72.v.2.'l. This aniountstto approximately sixty-Three per-cent of our premium income. During Ihe i:isr. thirteen years the percentage of income paid out in 10886! hll NE" approximately nftv-seven. There is no definite trend in regard to the ratio of losses to the premium income. During the last ten years the loss percentage of the-Misureiwe--liability has been approximately

.Ul)(l202. I

Rural or farm risks I45.-W7-7" Churches . 3719-23 nestauraiits 3-990 9" Warehouses 3-omit" Urban or village risks . 3337” stores .. . .. .. 3-933-5" and the balance is made up of sundry items.

The following is an analysis of the cause of losses:

Unknown . .. . . . . 251197.55 Overhented stoves or Iltovepipcs. . . -. Lightning . .. . - - .uesoline engine backiiring . Faulty sningii-.1 . .. . .. .. . . . . .. 2.22012 children nlavlng with cigarette lighter or matches . 1.42ii.00 Faultv Flues .. - . - -- 1150-90 bnontanrous Combustion . 1.-'i90g"n

' Faulty shlnolea on roof. suspected Incendiarism and the balance by other means.

your Directors thlnkgtfial. a large percentage of the losses the cause of which is listed as unknown could be avoided if a periodic inspection of the building and heating equinment be made and the necessary action be taken forthwith to llmimte any potential haurd.

As we have pointed out many times before fires do not just happen. Int-y are caused hv some means and in-o lot of cases the cause is care- lessness. To protect our,econom.v and save careless destruction of lives and brophtv It is the duty of every individual to endeavour as far as his caoabllitv goes to eliminate snv. fire misard.

This year we effected Il2.e1i.D00.o0 insurance. we now earry a total of 8353 392560.00 insurance.

Apain we repeat that the amount. of insurance we carry has been steadily increasing. therefore. our liabilities have been increasing. our liabuities as you know are the policies of Insurance which we can-v Uui-1 iutbtlitiea have increased but so also have our assets. The security reserve percentage of the insurance liability is the highest in me his- tory of the Company. .

we have a comfortable leeway between the mlpli-ntrn amount of reserve required by the lnaurjance Act. and the actual amount of our morve.

It has always been the aim of your Directors to keep the ratio autumn the Insurenuioarried and the reserve In a load healthy state and also perform the beat services at the lowest possible premium nu.

surplus for the year amounts to 817,503.97. This is" the surplus melon the meson was it Ifaaueeea. The lneeaie Tat amount to

The following is an analysis of the losses that we paid for the year . .

Meeting of Tryon infer-Community Choral Club

The occaaiori of the fourth on- nusl meeting of the Ti-yon Inter- community choral club was ceig. Imted by a banquet. held in the may of the Tryon United Church. on Wednesday, January 16th. to which the wives and bus- lcadands of the members were invit-

llbllowing the banquet. while the tables warp qeing cleared. the members and guests took part, with great zest, in contests appro- priate to the occasion.

At eight o'clock. the meeting was called to order by the president Mr. Otto Johnson, who congrgt. ulatel the members on their ac- complishment in mi, especially the ladies of the chorus. who a- lain won the Hope Jones Trophy at the south shore Musical Fea- tivai. this fall.

Mr. Johnson then called upon Mrs. Elmer C. Gamble. the secre- tary. for the minutes of the last annual meeting. and those of the business meetings intervening. These were read and approved IA Iwminlting committee. con- sisting of Mirs. Norman MacDon. nld. Mrs. John Simmons and Mr. Sheldon Howatt. were then chosen and retired to bring In in. slate or officers for the coming year. While this committee was delbei-sting the ptesideni. called on the treas- urer. Mr. Norman MacDonald. for the year's report. Mr. MacDonald's report showed all bills paid for 1951. and a small surplus on hand.

Officers Elected

The nominating committee then

returned with their report. and the f0"0Winil officers were elected, Dresldent. Mr. Otto Johnson, North Triton; vice-president, Mr. Arthur 5”"m”M- Crlpaud: secretary Mrs. J.A. Thomson. North Tryon; treasurer. Mr. Norman MacDon- ald. Crapaud; librarian, Mn. shei. don I-lowatt. Tryon. ' A motion was passed to the ef- .ecI. that the new executive should call a rehearsal of the club as soon as road conditions were favorable in the spring.

.It was decided that to be ell. elble to sing in the festival com- Detltlon. is member should attend 1” lust sixty per cent of the club's rehearsals. A motion was paged that the roll call be again ggkm by 1110 Secretary at each rehearsal.

Mr. Johnson spoke. of the rcgrci-. tabc absence of one of the most faithful members of the club, Mrs,'