,'1:EBRUARY 5, 1951 m.-m"""'E M Annual Reports Presented At Maritime Lile Meeting II. R. SILVER President B. LOCICWOOD. F. A. A., A.I.A., A.s.A.. General Manager liize Annual Meeting of the Maritime Life Assurance Com-pany was .1.-. .it the Home Office of the Company. 49 Sackville Street. llalifax, f. E. . on 'Ilhursday. 1st February, 1951. licporis presented at the meeting showed that iihe Company now -,,i,. rwcr 340,000,000 of Life Insurance in force; and Assets have in- - lliiCd toiapproximately 35,500,000. Claims experienced during the year v. so favourable. The rate of interest realized on Ledger Assets amount- . 1 in 4525?. Tim following wcie elected Poi- i '.miders' Directors: Mr. Ray T. ,bcs, Fredcricton, N. B.: Mr. 1' . F. Young, Sydney, N. 5: Mr. 1', A. Nirkerson, Yarmout-h. N. S.: .v, . ll. Mclnnes. K.C.. Halifax. N. Glasgow. N. S.: Mr. W. U. Apple- iton, Moncion, N. B.: Mr. Red 1HugIh McLean. Saint John. N. B. At the Meeting of the Directors vfollowing the Annual Meeting, Mr. : Mr. Al'ban M. Munplhy. llnl- H. R. Silver was elected President; '.., N. S. iMr. W.-F. Fraser, Vice President: an-i Sha.reholders' Directors: Mr. Mr. J. A. Walker. K.C.. Chairman .11 R. silver. Halifax. N. 5.; Mr. of the Executive Committee; Mr. .1, A. Walker. K.C.. Halifax, N. S t rv G. H. Murphy. Halifax. N. Mr. ll. B. Colivelll, Halifax. N. S., i. W. H. C. Sch-wariz, Halifax, ,. Bernaird Lock-wpod. General Man- ager; Mr. E. S. Bringioe. Assistant General Manager and Superintend- ent of Agencies: Mr. C. J. Woods, . 5.: Mr. W. F. Fraser, New Actuary and Secretary. DILLARD. Ga.. Feb. 4-(AP)- BUFFALO. N. Y.. Feb. 4 -(AP) iyggm persons were burned to -.WiliIam J. Connors. Jr.. 55. Duh- lisher of the Buffalo Courier-Ex- press. died Saturday, n-pparently of :1 heart attack. He succeeded his fatiior. who died in iflm. as head of-piibiisliiriiz, shipping and contracting comrpnnles. rinntli in a fire at xi. farm house in tlvr North Georgia ninuntains xmivviav. Six children escaped. mini were Edunr Tongue nnil H111" of his children. and three 1iltil'Pfi of John Talley. aniida's Experts ouch Ilew Peak CXITAWA. Feb. 4-(CF)-Spur red by I sharp increase in ship- ments to the United States, Can- ada's exports in 1950 hit a peace- time peak of 50.118.400.000. The tour-per-cent increase over 1949 exports of s2.99G.060.000 came despite substantial decreases in exports to the United Kingdom. The 1960 outflow exceeded the pre- vious peacetime peak iof s3.0'l5,- 400,000 in 1948. Canada last year shipped to the U. S. goods valued at S2,o20,908,000. compared with 51.503.459.000 in 1949. This accounted for 65 per cent of the total value of exports to all countries. only 50 per cent went; to the U. S. in 1940. The wood and paper group made the largest contribution to the or- er-all increase, rising to 31,016,396. 0'13 from 3700.8-1.1.0010. Shipments to the U. S. of non-ferrous metals rose i-n value to s26'I,043.000 from 0196,t)92.000 in 1049. The animal products group rose to 963,383,000 compared with s200,566,00o and was featured by larger exports of beef cattle, beef and Iish. The iron and products group rose to s136,-145,000 against 0108,'l36,000; chemicals, to 558,490.- 000 from 533,369,000; non-metallic minerals, to s'13.9sa.ooo from 652.- 249.000; fibres and textiles, to 518.- 343,000 from 811,180,000. Due to a substantial December gain. the agricultural and vege- table products group rose to S1'l6.93'7.000 as against s170,ti37.000. while the miscellaneous group was slightly higher at 520,009,000. Exports to the United Kingdom fell off to S469,9l0.000 from 3704,- 936.000 in 1949. ERIE. PL. Feb. 4 -(A?)-A 27- year-old man, for no known ren- son, went on a wild shooting spree Saturday killing one person and wounding three others. Then he turned his gun on police seek- ing to capture him. Police said William Dee Mnngel, 27. is being held in the slayini: of Skates Davis, 2'1. and the shooting of Do- iectivi-. Paul Dldiiiislo. Mrs. I.ol1.'t "Mae Stokes. 34. and Walter Cole- man. 48. All but the detective are Negroes. FIGURE IT OUT F OR YOURSELF TO wA's1-1 IT AT HOME- TO HAVE stimls no IT- invesfment costs you 7 cts. Come in and see for yourself. Phone 2200 Pillow Slips 4: on. Bath Towels Sc on. Hand Towels 4: ea. Table Cloths l5c up Shirts I. Soup costs you . . . . 7 cis. sheeg-5 , H 2. Bleach costs you . . . 7 cis. 3. Blueing costs you . . ? cts. 4. Electricity costs you ? tits. 5. Time costs you . . . . 7 cis. You save MONEY by sending ii to the Laundry Your coilons and linens last longer BECAUSE oi- STERNS only SOFT WATER is used in WASHING and the most modern equipment in FINISHING - STERNS LIMITED (LAUNDERERS AND DRY CLEANERS) 8: co. announce- 16: on. Phone 2200 . ". i 1 ) Ollie WAY pl . ,,v-.-- -r '.':-1.-..- '-1-. "W ii 1.11:2 GETTING PLA5TEl2 or: PARIS our .01-'-'A WAX' nnnuiiin1.innim.. ll m BY MA. COME HERE! IF HE THINKE ( JIM GOING TO BE UNPACKIM6 PILLOWS THAT HE'S TAMPED INTO A SUIT OF PAJAMA5, HE'S CRAZY! IT'5 R, WILLIAMS 1.: .. .-. , i THE GUARDIAN. CI-IAHRLOTTET OWN Girl Guide News Notion to all Leaders Do )DllI1CCLl a. whistle? We have a few. first cmic first served. Church Parade on Sunday. Feb. 18th. will be held for all Com- panies and Packs in co-operation with Scouts and Cuba of own Churches. All Leaders should make it very determined effort to take their groups to Church on the aboxe date. Rally of all Guides for Thinking Day at Trinity Heartz Hall on Feb. 22nd. have you nrrimged your five minute programme? 1951 Census cards have been distributed by all Commissioners but if you should need more will you please contact Mrs. F. Jenk- ins soon. Guiders Club next. Thursday the lilh. We would like to see as many Lenders as possible as many matters are to he put forward for your tllsctlsslnn. Mrs. Louis sad- iei-, the now First Class Essay EX- nminer will be our instructor and will tell us what is expected from our Guides for this test. 'I'riniI,v llrovmiru Binwuirs of 'l'rinity set 0. rec- ord for test passing on Friday inst. Brown Owl Lottie Pierce had a new idea to me that could be used in any Pack. For the table sctiini: lest. she had cut out from catalogues, cutlery, china and glassware and pasted them on cardboard in .-squares. There was a complete set for four people and the Brownies just loved sorting the runs and saucers. spoons and fork.-: cit-. Tl',V ii. Brown Owls. it 'nIIkIW the irsl work much more fun. and ear-y ton. Brownie Janet (lorry has llI:'Il'lF' tie greatest ad- vance this year with her Min- strel. Tiirift. Collectors and Ath- letes badges. Joan newcomer from Petawawa receiv- ed her Golden Bar from ilv.eFleld Secretary and also passed two G. Hand Tests Sylvia Taylor Golden Bar Workers were. Flora McLeod, Pam:-in Shaw. Glennis Hughes, Helen Toombs, Helen Currie. Lois and Anne Smith. Jean McNevin. Marylyn Taylor. Barbara McLe.ocl and Joan Boyles. All these little girls had done ll. lot of work to enable them to pass these tests and Leaders were ept iiusy putting up new stars on the Progress Chart. There will be I large number of badges in this happy group of Brownies by the time our winter ends as I am sure that they will just go on working like beavers or should I say Brownies. ll0I'III8I?l'lal'lII0ll Features "Washing llay" In spring collection 1 By DOROTHY IVADDINGTON LONDON. Jan. 31 - (Reuters) - "Washing Day" was the name of one of the mcsi. glamorous models in the new spring collection shown by Norman Hortnell. Queen Eliza- beth's dressmaker. for the first time yesterday. i It featured Hartneli's new winged lapels. ending in a halter neckline leaving the back bare. Designed for ex-eniiig wear, it was made of still while pique which appeared to have come straiglit from the laundry. A suggestion of youth was given by large patterned "broderie anglaiss" an the lapels and on the skirt below the i-meeluie. The outstanding characteristic of the collection was a beautiful blend- ing of colors. especially for evening gzlwns .. deep violet with turquoise blue. pastel shades of blue. green and pink combined with white in a harlequin pattern picked out in ir- rdescent Pearls. syringa green tulle with sprays of white flc-wcrs. Daytime oolors were more vivid. A beautiful suit appropriately nam- ed "moss rose" was in dark green. silky-finished wool with I. small waistcoat in old rose. Yellow in var- ious shados. often with greens. black and royal purple. red and vivid blues. were other color combinations for the daylight hours. Suit. jackets generally were long- er and tigiht-fitting: skirts were shorter, slender and hip-moulding. but giving sufficient freedom of movement. Raglan sleeves gave way to the more conventional inset shoulder Line. Dots of all sizes dominated the printed summer fabrics for garden parties with large flat-crowned cart- pique and other materials. BIIIIGESS BEIITIME Continued from page 10 ls that fellow doing here. and what. did he come down on the Ice for? I never knew him to do that be- fore. when he isn't In the air. he's always on the water.” Blacky flew over near Fiaptoes. for that is who it was. "what are you doing here?" asked Bluckv. "I fell." replied Fiaptoes. He looked frigihtei-mi and distressed. "My wings just. wouldn't go any explained Flaptoes. "I'm tired. I have flown ii gong my, and mm: .3. MacDonald, a can get to water," 1050 0!! the ice. replied Flaptoes. And passed tests for the Golden Hand. he looked mom won-yed than ever, wrong. -wheel hats in transparent isfffwii I HEAD omce : l HIGHLIGHTS OF 1950 OPERATIONS BERNARD LOCKWOOD. General Manager. Charlottetown, P. E. I. PAGE ELEVEN WCOM1; THIS INCOME WAS ALLOCATED AS FOLLOWS: i P t t Pli hid . . . . . . . . . . I 414266.00 ""1.'.".'.".1Ill???siT..'i;F.2'i"'"'f'?'?F"f?f"""f7 . ............ .::.::.":..f1...:.:::'..'i.:.............. ...:...... Investment Income . . 34 50.49 gpeyultzlntg Expei1::es . . . . . . . . . . . . . . . Oiherlncume ea. a te wr en own.. F. - Dividends to Shareholders .. I-).000.00 Increase in Contingency and ot 30.00000 increase in Surplus . . 4,983.86 s1.ais..sai.ss 81,316.55!-88 BALANCE SHEET - DECEMBER 31st, 1950 l Assgrs LIABILITIES hands. Debentures and Stocks :2 Book Value. 5.933.384-03 Policyholderf Rem"!- First Mortgages on Real Estate . . . . . . . . . . . . .. l,655,l4I.66 This amoum together pm. fun"-9 premiums Loans on Company's Policies . 3B5.'l4b.62 and interest provide for payment of'ihe benc- Real Estate Held by Complny . - - - - - ; - - - - 4 - - - 40361-34 Iits promised in the C , y'n policies (being Cash on hand and in Banks and with Trust ingxcuggfghegmguni fqquh-QdbyClngdLll1 Companies -. a - ”1-053-77 and British Insurance Companies Act) . . . . .. !7.2'I6.231-00 Other Assets .... .- 261,912.66 PoIieyIioldera' Funds , Pclicy proceeds left on deposit, premiums paid in advance. allocated dividends and re- nerve for dividends.delth claims and matured endowments for which proofs have not yet been received . . . . . . . . . . . . . . . . . . . . . . . . . . .. 340,159.69 Other Liabilities . . . . . . . . . . . . . . . . 91,141.35 Capital Stock called and Paid on . . . . . . . . .. 250300.00 Investment Contingency and other Reserves. 380.000.00 Surplus ........................ . . . . . . . . . . .. 83,021.54 58.423.603.58 38.423.603.58 . Ha R. SILVER. President T. W. BENTLEY, C.L.U., Branch Manager, ORWELL COVE W. I. and fruit. Bills amounting to 36.46 were moved and seconded to be Mrs. Ernest Macleod was hos:- paid. It was decided to buy blinds tess to the Orwell Cove Branch (E and fountain with proceeds from the Women's Institute on Janua1;' Christmas concert. 10th.. with nine members anti correspondence was then read three visitors. present. land discussed. The secretary was The meeting opened by repeat-lasked to send to Simpson's and mg the erred in unison. Minutes Eaton's for quilt patches. of last meeting were read and Sick committee reported one approved. Roll call was answercrllvtsit. New programme conimlttee by question box. gappointed was Mzrs. Frank Rooney It was moved by Mrs James; and Mrs. Ernest Marci.-eod. An Rooney and seconded by Mrs. Auction sale is to be held at the Ernest Ma.eLeod that slow to next meeting. contributed to the Canadian March Roll call is to be answered by of Dimes Fund. Thank-you notes an exchange of original valen- were received for Christmas gifts; tines. Mrs. John M.acR.ae invited 4 I just couldn't. fly any more." "Are you hurt?" asked Biacky. "No," replied the Grebe. "Any- way. not much." "Then I suppose you'll hr all right after you have rested a. ill.- tle, and can go on." said Bincky. Flaptoes looked suddenly anxious. "I hope I can 80 on.” said he. "I've got to go on. But I can't unless I cant you?" dsznianded Blacky. He looked surprised. "Because I can't get up in the air Something -certainly was very wrong. DRIVE THE You are in OVERDRIVE simply by moving the gear shift control less than one-half inch, without fuss or bother. You got the power- cind smoothness of six cylinders with the economy of Four. A six pas- A sengor car that gives you DEPENDABLE service, your-in, year-out. THE STANDARD MOTOR CO. (CANADA) LTD. 4 lemon Ilvd. forums, condo STANDAID VANGUAID (AIS. STANDARD ESYAYI CAIS. SYANDAID PANH. DELIVERY AND PICK UP YIIJCID, YIUMPN CAI! W. R. JENKINS Provincial lletrllltor 200 it. George st. l0.000 VANGUARDS SMES Mil SERVI OVER - the members to her home for the February meeting. Two contests by Mrs. Walter Macbeod were enjoyed by all. Meeting adjourned and a vcrv delicious lunch was srrved by the hostess. GLASGOW. Feb. 4 -(Reuters-1 -Fire engines plowed through snowbound streets here Saturday to fight the worst blaze in 2: years in SCOi.lal'!d.5 largest can Hundred-toot high flames gutted a. large warehouse and -a restaur- ant in the centre of the city Damage estimated at hundreds oi thousands of pounds was done. M ei7Ml7,'u?0wi7 MWWW I95l, WWVANGUAIIII we? HYDRAULIC OVERDRIVE ..--.-.....--..c.,....... ............m-. - . .