_Aij_i}_ii._§_g_.__;2s. . »_ _ _ __ 1' r:_ cusnnisr

' i. Significant A Facts

' 'rinisiiswinuessewsriu sin sigaiiismi im.

about an investment which bears our recommendation; .A mt nie in volumes: business for iii. me

\ quarters! 1000,- . - .

_-An amount equal to 3,fnll year’a maximum dividend

requirement transferred to “surplus” for period_ oniling January 81, 1900. ~ _ '

-Npt earnings fgparlod ending January Sl, 1930

till! to.ovsr % on average amount of Preferred Stock outstanding dnring_ period. _ _ -Anais squivsim to dm use nr wir sion or Pre- ferred ltook outstanding. _

Irving Dil Company, d%_ Cumulative _ Participating Preferred Stock (|50 par value) offers an extremely ‘ and safe solution of obtaining adequate security and a good income. Price $42 per share. yielding' 1.14%. ~

Eastern Securities Company

E°d Pbl'W ks0 Iii il"

V1 ence at u ic or tiltra uarc ian I ---- - -e __

Department Investigation ..2§§.f"° '°"'°".T.‘..“i°.‘?...t __, ,_

_ , ' -

*__ wnrrii n

gggsns ‘you were eoisbsi was ii. r_Umrs.s`s.1s_. me Iiiiii) wiuiclsiiig ‘ 7 /_»,

VINCE OF PRINCE EDWARD A. _Wsll, we were wig me 9° da 1;, kid straps ".75, will dye these any ¢!{?`»*";_'_vil lf, -

I rsr..ANn. lllll- I ¢'¢l1"t My Just who was me eoiour ei | _ _ iw- _ some prices-_,_ Alley as oo. , _ - I I Ill 31° 11110101' 0! Olldllily “MOL ty. but we were told it was not our Ltd. sol!-4-12-ai. sum '

section as oi' Chapter 'l of the Acts

'Wk olliocially to check each one

f of lolz, entitled “The Audit Act" re- Q. You were- told it was not your Miss Josie Doyle who-

iating to certain records and trsnsac

. ~ duty to do it? . home visiting her ~ mother who is iii, ° O \ » _ _ :ss r..~r_ 'M L- ~=- »° M lm on » -»» ominion o ana 'L wixifconuimedz i ' ` ‘ Q. ri would be slum im. anime I ' _ '

C C 0 '

exammsds bsroiis mzeviiiunilptsitoutez Urhikyiijlullm Wm mm you mm ii-eriiiiima WOMENS ‘new md W `

tl" m°'"°" °b°v° mm 1” th’ °'d` Q' Y°“ "°“1d“'¢ *dk* llllllrllctlvm straps yiusiurlilciiiuiigm pumps md

er hereinafter noted. _from anybody else? heels isre much ui id variety’ high S

(sims, .roinv Annsssou. it No. , ' ,,,,m,y md not hi ;" °”°°' "W '°

P'°'l“°m A"°"'°" Q UNI you recall which one told 'ls I priced' "M to

U °~ Alleys: co Ltd :ioia-4-12 si

I L I MITE D ' .riiiy ascii. ion. ioso s. in d°°°"° th” I ““ ""“" I °“"'- °l\lll°n weishts. use me szoo. su

W. ll. V. DUNBAB, Manager. Present: , h _' the new shades have been nugygg in

John Anderson, Provincial Auditor, C mommvm' Pun" Edwud mmd thi! d¢lll»l'tment Eiilter Drcsentation

H CHA BTO

, ) 'il 3 E237 -5-_..-Ji ._ - __:..:_...._..__ “__ ,__,,,J l | 5 _ in _ III'-is ln?-n Y I;

-____ "rl

_ I

ii - _

~ is

'ds

. .J.__ ‘i’AV.i.-5'

_ _ . ,. ._

4 . _ you this. ' " ' ' ' _ » ‘ ciisristieiowii, runes szswus mana, A' M °h“‘*‘°‘° it '°°m°il 1° ln- onmvr nosniny, service or D I J I E , t

°‘“m‘°'nm°w* \_pr¢sidins': Norms. Younker, stem ‘my 3°“"~ 1°”-f 4 P- lll- boxes me. Aus; 5,, go" my l ___~_ __ __

IT. JOHN MUNTIEAL ' HALIFAX gg;-gpher; B, B. Hart, Clldttellcd A0- i » 01 uoriorou svmaassma rruinsnlcron oounism, and 1.. ra. Meiunisnj ‘ Th* *"°’°°l”°°“°"1 ll” ll\f°fl=l- 3 3 4 12 aL

<coi1iinued> "°" '°“°"”“' th' "°°“’” °' “‘“°f°°“ mission

` Accept the help offered

` _ ~ WEEK AT ST- -'AMES

_ _ Q. What are your duties general-lszo 00 Bank °f M°n°"°‘I bm’ mv' CHURCH--S€fVlC¢S every evening' Income Tax Inspectors

.....- - A I take the correspondence, but n ° ° 'Y ' 1 is nd A ld ' P ' l '

owe .with additional service 2 a ivo ena nes

: _ ' Hut( and has requested M . M °n

very little of that. chiefly making Ma, ,, ofthe awk N’ ““'°l’- Good rricsy anemon si 3 deioeir.

I0 IRI

bookkeeping-that is posting in the "me" °" I'h° P'°"l“°m 'md Le ate B D 3034 4 14 5|_

r °“I' "°“°h°" md d°”'*¢ °l'dll1’-\l`Y as °! 'Wa' S°°u°' Addresses by my R Mom-ehe,,.=

_ giiaini _ ' ' \-

Calgary Power Company

` Limited _ _

5% First Mortgage'Go1d Bonds

Matutiikglpril I, 1960. Principal and interestfpayable in Canadian, United tates or Sterling funds. Denominations 51,000 and $500.

The installed capacity of the Compan§/'s hydro- electric plants comprises more than 9 % of the developed waterpower in Alberta, and its trans- missionsystem o_ 1,695 miles serves the most thick- ly populated section of the Province.

We recommend these Bonds as an attractive public utility investmgnt.

Price: 94 and interest, yielding about 5.40%

Dssoriptiec circular on request

Royal Securities Corporation

Limited

_ Riley Building, Charlottetown

(Bill submitted by Mr. Anderson). Q. You check bills like that?

A. Yes. Q. What is the red mark put there

for? ‘

A. We check the number of days by the amount,-the extension-if we find it correct. we put a check mark and add it up.

Q. Here is a voucher, what is the

meaning of your signing it there?

A. Well, we found it correct, as far

as our work is concerned.

Q. Who instructed you about the

meaning of putting your name there?

A. I can't say definitely, it came

with the regular routine of work.

l Q. Do you remember who in structed you about the meaning of signing it there?

A. I suppéise Mrs. Gallant did. Sh`e told me most of my routine of work. '

Q. Not long ago I was in the of-

fice enquiring why s. bill had not check marks on it. Do you remember me making enquiries about that.

A. I do. ‘ Q. Da y:-.i remember what the en-

qu'.i'y \".'\.".'.‘

ot little mis

take in the voucher and you as e if 1 hurl chocizcrl lt. It had not been check marred?

Q. D0 yOU l'0l‘l‘l¢l'h I' In-SWGI'

Stewart Jones' & Co.

Correspondents of _

Clreenshields 8¢ Co. Hunters of flu Montreal Stock Exchange

‘ 88 Great George Sf-i Charlottetown

i Z____Z, / i A

' ' 'f ' ~» »-~ ~ ' ` 'Pl°“m°n'M|" Hmm "id it W" Wu showing the receipts and how they

during the r busy that Mr. McMillan said we

t told definitely

to check the bills.

Q. were you told dennitely not to

check them?

A. I suppose we must have been

or we would not have stopped doing _t, but we weren‘t putting s. red mark

about it. I do not think it was being dons when I went there.

Q. Since that, vouchers cams with-

out red marks and I went down about it, and yourself and Miss H0885 W°l’° present and I asked you about it and that was the tlmo you made the ex-

'P°"‘*°“ ""1 ` "°;'°1 5' I - -- who gave the answer. The answer WU

__ir.

oi.. 1 'T

HOT CROSS’

~ BUN-s i

I Wholesale 8. _Retail _

_, cmsrv, asiisieig ' ...ST iid-°¥.°i'.£

Your Palaid ` M°INNl5__ _ BAKERY `»

IHONE;

ledgen md checking me bm! "_|itor and state what he knows re '

cewed_ ilhrdlng this transaction, without the

neemiiy 1 mu, -41' THE POLICE count' sam.

0 ll! 9- subpoena, and

MY- Mlll'l'By has appeared before the Provincial Auditor under the request of the Attorney General and now sub- mits the statement regarding the transaction as follows;

“M12 L. B. McMillan paid a note

ln favor of C. Lyons and Company for $264.30 on May, sth last st the Bank of Nova Scotia, Charlottetown.” Q. Have you any idea of the man ner in which this note of C. Lyons sn! Company was paid, whether by Uhflilue or by bank bills? A. I ~do noi, know. Q. To what Teller was the no'~

paid? < ii |

A. To the first Teller, and the fn-5; reiivr me simon in Bank of Men- ireal bills at the end of that day, tha; is May oth. Charlottetown, Prineemdward 151311-1

- ‘ July 31st, 1929, ll n. m.

Present:

John Anderson, presiding; Norma

Mlllnn. _ .

nxsminsiion or r.. B. iucmiinn "rg

sinned: ~ » _

you are unable to give us an accur-

_ _ ate account of all the expenditures

about which we have been enquiring?

Q' D° ycu rememmr m° “kms A. The general system in the

k d. -

“X “£15” “S “°° m" ° I-Iishwsys Department is six i-ight, but

' ' f be the I`have already explained at various

times the reasons for varying in con-

_ you made?

. "_" A. I cant my word for word' but nectlon with certain miscellaneous

- wouldn't have time to check each

usb of work we were so receipts such as refunds on bags

etc

Q. When refunds for cement bags,

etc., first began to come in on High-

°“° °“t' w° wefm' way miprovsment Account, I think

you said Monday that the method of handling such cheques was discussed by Mr. Crosby, Mr. Bhaw and your- self, when it was agreed that the cheques should be dashed and the funds disbursed in cash?

to the bills until you came down A. The mug" Wu dlmuud .__

the beginning and it was quite evi- dent it was necessary for me to cash the cheques before I could psy the amounts out. ~

Q. Do you recall whether or-not

it was understood that no-permanent record or cash book was to be kept,

were disi>°°°d oi?

A. That would be discussed, I

would be supposed .to keep a record, and I think that possibly each year I prepared somethin! lhvwllll .il-Ulf exactly how it stood. _ _

Q. Do you recall if Mr. Crosby

over enquired into this phase of the matter, whether Permanent records were being kept of these transactions? .A. 1-e».n't'say." ‘ . ~ -. Q. The next Minister was Mr. Mc-

A. Yes. ‘ Q. Were- these matters ever dis-

cusgsd with him? f

A. reen*i.n¢snoiis.~-'I' Q. Was Hr. McDonald - satisned with the manner in which thcsmfunds were handled?

A. I_do'not~know. , Q. Do you recall whether he ever signups 'my disapproval of the method? _ - A, mi. V - q_ no yourecall whether he ever werlt into the matter at all or. not?

` A. No. ‘ Q, no you recall whether the next :newest Publi# W°fl=»» W- l‘.°f' Phee-aver discussed the matter with

N17 _ _ _ ' _ _

A.'» No. ` / ‘ ` 'mn “DN Ut U9¥0*_¥.l'° "“' °° . ..l'........ ... .af we -»= mauiinsnmtlf as ”its,‘ rss not k_nov_wmi.iin ns

ornot. 'iris freight

dny_ morning two cases of uniawl" sale of intoxicating liquor were P" journecl, one till Thursday nsxi; n the other till Satin-rlny. For u'-I' iul possession of lntcizlcatinf; lic' a man was fixiezl $200 and c~,,-;. Lhrcé months in jail. ln the I'

l i

__ _ Q. Is it not apparent that the sys-

fx' V' mm" n s°m° k d tem of bookkeeping was at fault when

Donald, was it not? _.

<::~.::, one of obtaining goods . '_:l:e pretenses, the clefeiidaiit- " "-cd $30 and costs or sixty dr, -

'l.

Q. Do you recall having infer ' ' Mclntvrc that you had rece “in Cement Company's chef;

' r $485.80 in February, 1928? . A. No. I do not recall having dau

I' nm unable to say. '

, Q. Who would open the letter i

'-:li this cheque was enclosed, you Mr. Mzliityre? ' A. It would be likely be myself. ‘t might bo Mrs. Gallant. Any cor-

., _ i~ic‘.eiic: addressed personally to

- i .

Ymmker’ D' s` Hn" “nd L' B' Mc' the l.llnisi.cr we hand over to him,

the rest ls opened by Mrs. Gallant or myself.

Q. Ordiiiarily the Canada cement

Company would address their corres- pondence to the Department of Pub- llc Works?

A. I think so. Q. In that case this letter -would

probably be opened by yourself?

A. Yes, as a rule letters addressed

to the Department are opened by myself or Mrs. Gallant.

A. No. Q. Have you any recollection of

the circumstances of the _receipt of this particular cheque?

A. No. Q. Have you any 'recollection of receiving the $445.00 ° cheque from Canada Cement Company in 1920, that if you opened the letter or not?

A. I do not remember if I open-

ed the letter or not.

Q. Did you inform Mr. Mclntyre

that this cheque was received?

A. I do not remember of having

said anything about lt.

Q. In reference to the credit of

$956.08 which appear ln_ the 1928 Public Accounts, how did you propose to straighten this out in the event of it- having been found that you had over-deposited, that is that you had paid in some' of your own mon- ey?

A. In that event it would have to

be adjusted out of funds I had on hand .In other words any over psy- ment would have to be adiusted out of funds I had on hand;

(To be continued).

Loo nnrvsiis sun wsrrma ron THE ICI T0 BREAK UP

sosrcn, /iprii iz.-census ans

Northern Maine are now waiting for the ice to break up in allow the drive of the four foot pulp wood and long logs. In the drive, water is the all important thing and crows have been assembled so as to be on hand promptly when the ice starts to lo out' andthe water runs clear. The logs are dumped into the streams-and brooks ll soon al thelatter are open. They are sent swlrlina and rushing

by the _turbulent spring floods to the mouths where they- empty into the ponds and lakes- The logs are held in check there by a trip-boom until conditions an right for filling the big towing-boom. ’1"hi.| is hill!! from both sides of the outlet like an ili- nisnh beg, by long sticks., chained endgtoend. Itoanbefilledonlyin a favorable .wind. Whenthe rldlt wind eornss along, the trip-booinis openedandtlislogsfloatintotlisso- called bag. when the "bag" or boom

are Joined or "mar-

§ s r I

5* §

f 22 ii ri IE

i I

Where Income Tax Inspectors _ are Located

Cl'lARI.U1TE'I`OWN.

. P.B.I.

uAi.n=¢.x, Ns. si neun se

SAINT IOHN, N.B.

New P.0. Building

Every person who during the year 1929 had an income, from any source, of as much- as $1,500, if single, or $3,000 if married or supporting a family, is required to,,make an _income tax return. If you are situated as abovedescribed, failure to make this return by midnight, April 30th, to- gether with chequc or-‘cash .for at least 25% of

. amount of tax, will render you liable to a penalty

equal to 5% of the total tax payable. (Limit of

. penalty $500.)

» To' avoid incurring this pcpalty, obtain NOW,»`

from your postmaster, or from the Inspector of

,. Income Tax in your district, the necessary forms .1 and make your returns at once. These forms are ; as follows:

` Fonts T1 For Individuals other than Farmers

and Ranchers.

Fqrm TIA For Farmers and Ranclicrs only:

Fqsrm T2 For Corporations and Joint Stock'

Companies. '

Each form contains in itself instructions for filling' out.

‘ By making your return‘by April 30th you gain in

two ways: `

First, you avoid penalties for delay. 64( Second, you qualify yourself ' for the ""3 __

privilege of paying in instalments. '

INCOME TAX INSPECT OR WILL HELP YOU

MAKE OUT YOUR RETURNS

If there is anything in the income tax return which you do not understand, any Income Tax Inspector will be glad to _ explain what is rcquiredi _ »

The Department of National Revenue

Income Tax Division

OTTAWA __

1-ion. w.n.su1.sn. c. s. wsurzns, ` 1”'

Minister of Nmionql Rwgnug _ ` Commissioner ol Income Tax

s-is ’

-_L

a' ».

This sort of driving applies only

to the brooks and streams. Ponds and lakes do not open usually until the middle of May. Important driv- ing waters likis Moosehead and Ches- uncook Lakes generally open up about the tenth of May, with a few others a little later. All the driving tributaries will be fully worked be- fore the opening of the lake and pond navigation. During the past winter, 900,000 cords of pulp wood were cut in Maine most of which have to be driven. ‘Ihls is less than usual. The Great Northern Paper Oompany, the largest wood handler in the state, had more than 000,000 corps of wood at its mills the first of January, besides the amount that was out but still in the woods. The mill supply alone is sufficient for ap- proximately two years. The Great Northern is the prin-

cipal operator on the West Branch of the Penobscot. For more than I century, the Penobscot was the most lsmous log-driving river in the coun- try. Ifs lumber-Jaoh were known by reputation wherever trees were cut or logs were driven. On the West Bank this' spring, the Grunt Northern has about 188.000 cords of pulp wood above ltipogenus Dam. Part of this is on the river beyond Oliesimcook but the greater pert is from trees felled in the northern interior of Aroostook Dounty. in the Saint John River helen- 'riiis is to as srousbrf- iiisissnniiy quasi mums enigm- up over thensigbt of lanil lwarlt- ine up seine .iam vm: from me tantrum, me is ie in si-im wiuii

i 3

_ ri gi gr il

Many building and- mutt*

lmeninspiinu-eootsrworir

seventeen hospitals src. io D HU

in southern ohile.

_ cubs puns to spend $00,000,001 lpubloimprovvmcnh.

FOR SALE

ff .

One second _hand Model-,s I. H. C. Truoll, One /second hand Republic Truck. _ _ ,_

Samiueli A-Kennedy

_Kent Street _ __ __ _ 1 `

_‘_

I .

» 1

5_1.

Ni __.,, ___

f r

i I

I One Second hand 10-20 Titan Tractor. fl Ons second haiid Fordson Tractor.

ff - Y f =- f ------f ~ =»--ir

fxiiim Musquacook Lakes south, have deposited it on that ice of Churchill Lake at ii. higher elevation, thus re- versing the natural order for driving. According to the original topography of the country, and water transpor- tation for forest logs in Maine, this wood should have been moved down the Saint John River as wu the bulk of the original product of this sec- tion. But man stepped in and by building a dam st Chase Carry at - the outlet of Churchill Lake raised

the body of that water to a level with the water in Eagle Lake next south. Now, with the breaking up of the ice in those lakes the wood which was dumped im winter win be :aired me towed, or carried by the wind, south into Eagle Lake to a point on the west 'shore about half way down. 'rlisre it will be lofted by gasolene power stackers, loaded into cars on

the tracks of a logging railroad X hauled south againsto Umbarookskiq Lake. Down this it will be flo\td_ and through connecting water! M Ohesuncook, rafted or boomsd, and towed the twenty mile length of N00 lake .to Ripogenus Dam. Then it il to be sluicedl into the famous lot* through which lt will go rushing I the mills_of the Great Northern _Ihr per _Company at Millinooket.

mm is importins rowlsn haw*

to fight the labor shortage.

_ .

I i

i`-all