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A. N. Mitchell, General Manager:
0 i
Eitlncltlggselr flfllzltl.fl3sreur `
lrl é317tll.`l{tualr
. I0 ee I e il
Interesting facts about present position of the Canada Life
Somesalientfearoresbroughtoutintheaddresses During the years 1930 to 1935 the Compsny's
of ML Leighton Mccarthy’ prcsidcm’ and ML assets have increased by $53,075,224.
for payment of dividends to policyholders amount-
ing to $2,255,000 and $5,624,514 of unassigned
surplus; the latter being an increase of $70,109.
Reserves for special contingencies have been main-
tained at $2,000,000.
IT IS interesting to note that for the four years of
the depression this Company paid out to its be
Eciaries and policyholders a total of $106,042,2
or approximately $7 3,000 per day.
We continue ourtradition of Safety First. When the '
world’s financial structure was again shaken by
events which led up to the closing of all the banks
ti
Public Utility Bonds. . .
Railroad Bonds .
the
Realty Company Bonds
The diversification and distribution of the
“_ $226,842,892 of assets of the Canada Life is shown
45’ by the following statement:
Cash, Government and Municipal
Canada, U.S. and Great Britai
Other Government Bonds. . .
-ei
a-...t
Ncwsprint Company Bonds .
Other Corporation Bonds. . .
...'.... 0.4
asx...s
IIIIIIZ 0.6
f total
leg; assets
Bonds-
Bass...
31.9
' I 1.8
1.0
holders.
1.5
1.6
-1-qi'
Our total net income from all sources was
S-t7,597,92 5. The Company has made payments dnr-
ing the last year of $28,038,026 in settlement of
death claims, matured endowments, dividends, an-
nuities and cash values for surrendered polidee. Of
this amount, $19,886,562 was paid to living policy-
in the United States, in March, it was a great sa s~
faction to the Directors of this Company to feel that
their policy was one of strict conservation and the C°mP*”i¢* - - » - - - - - - - - ~` - - 3
building and maintenance of reserves.
The total assets are $226,842,892, an increase
E-,_-_-q
6646 We hav n d
$9.95 , . e i crease still further our
holdings of Government, Government-guarante
and Municipal bonds, from $56,569,178 last year
$67.509,801!hiS y¢_ar, or an increase of$1i,l4_0,6_2
PreferredStocks ............;
Stocks of Canadian Banks and Trust
Other Common Stocks . . . . . . . . . a
Mortgages ...............;
PolicyLoans;............;.
Real Estate (including Company’s Buildings)
of
2.2
1;’
0.2
25.8
16.5
5.2
100.0
ed The surplus funds and special reserves of the
to Company, after writing down securities, amount to l
3. l $8,072,910. The surplus funds include provision
Using itat year premiums collected as a measur-
ing Nd. our 1935 hgures for new monies received
for insnrancee and'innuities combined _are ahead of
1952 NNI!! by o\er $500,000. The ield forces of
the Company may feel very proud of having accom-
plished this splendid achievement in the face of such
diicult conditions.
a-_ml
I s
'Among the many cheering developmenis of the
year was the repayment on account of policy loans
of $5,700,000. In the last quarter of 1955 these
repayments were fifty per cent greater than during
the last quarter of 1952.
Aeepyellapevlleelrlslwliedsdlvaentsspensequssl
.anada 0 ife
` Assurance Company
E‘“l’“’h°d 1947 Has-ft c. cs., cttlml. .1 ll.. awe
A. N. Mitchell, General Manager
` ` Mlillliler for Prince Edward Island, Cliarlottstoyrn.
/
It aaiu-1' --1 ff f -f -  f I" _-g
1411 _ -- _ : . “-
C
cynic Englllfed In Dredd  K  Assets °f Canadal Water Cgmmigsianerg
Grief Mem 1° R I Co. Increase Ne
0 rs evea 8  Report Sound Progress
D' f ` commenting that a oontlnuaaes
tary o Anatole France Chronicles :.mg..m°.t;pt:5:m..;gluu:: During nge Past Year
` 1 Correspondent)
PARIS, Jan. 24-»4C, P): A
vate diary ,lust discovered and
nfl-
clr-
culated among his friends unmaslra
the master satlrlst of the 20th c n
g-
glves up is ae e.
The little brown leather book,
leaves yellowed with nge and
tury. In the moist poignant cry in
modern literature Anawle l“rnnce
h = cr t
lts
U59.
records from day to day, almost
from hour to hour, the tragic :trill-
h wl v
Cl'
gle of the mnn w ose e
watched his heart, against a mem-
ory. The memory llc trlrd to ma
prisoner of his wlll. lt grew until
f l er and cn ulfed
v
lt illed his unv se B
his heart.
Madame Armand de Callla
died ln i910. Three weeks after her
death, Anatole France, 4-vcr avid
ot
of
beauty and lov, set out for It v
al
Sandor Kemerl describes the brll-
liant .aatirist on that voyltlff
"Young of heart, indefatlgable
ardmt. as passionately enthusiastic
for aesthetic beauty as ever. full of
interest and the joy of life. t
warm sun of Italy makes the spir-
it of the master as they called
Anatole France, babble with a deli-Q
clous and mocking humor,"
The same night, in an old lnn
Poslllppo_ overlooking the Bay o
Naples, the man of delicious sn'
mocking humor, writes ln the llttl
E
note book. so ,lt-nlously hidd
from all eyes, this cry of lender-
ness:
"Today, her absence fills the
city. No! Beloved! On this pat.
o
y absence."
0:5113 more violently the ment. cy
lte
he
n
h
which you have never trod. even
here, I see only you_ I nm full
f
c tries to free hlmse of
bo ds become.
Further in the notebook:
"Naples, 26th March, 1910: It
of
rydlce, la Flnglarelln, the joyo
nymphs carved ln marble that
weep with the deepest pity; beau
survives her too impasslve. No, it
when I see the battered hat of Be
she bought him one day, Vla Rom
Oh the force of little things- S
repeats herself endlessly ln th
life is made up of t.hem."
indeed until I die."
“Rome April l: She must kill m
memory in me; the only place
the world where she still lives."
Marla Novella: No! Florence la
sometimes old and so dear."
They had been companions for
irritable.
The notes continue:
"Normandy, 12th April. 1911
These- leaves; all these new leaves.
were bom after her death"
"I am amazed to see the wo:
surw/.ve her."
"Thursday, September llth, |913:
first she dled: lt seemed that lt was
l who had disappeared and was
invisible."
ri. .
 
FARMERS’ ATTEIITIUN!
» THE HAY SHORTAGE NEEDN"l`]
` WORRY YOU
~ .lists-llllvl. IFIEIEI)
,The Perfect Substitute For Hay
8.5¢ |sr100ll| lug or $16.00 by the ton
rs at Youk WHOLESALER on
”r11t`¢Q1Jlllcrm carrie; csc).
105 WATER STREET
PHONE 78
_ ,,
ill?
DIESSED PUIILTRY
analog amass 'paltry rn ana-
Clrclea until lssl ef Fahrary.
ear Delete sh
valaye h  ls ear 
` _ wrlurnpssaltst.
r.`s.t`.coorsaa'rrvsseearotr_l/rar
UFUPTREND
Hea rtaches of the Master Satirist '§§l“1tu”-i°‘f§§"liluP'a1`§‘i.°.`i'iu“$m“'§i
(G l,_ B Gnrmm. and-I WIN, the canada Life Assurance Com- , The following Report of
on the Death of Lover of25 Years mu-l~’tuu. ua' af-A °°=»“==- %.¥.a‘2..”“`3.$’.§"‘.$,`f“ f‘¢Z§“““.i.2'3 `.‘,i’°§§u°i.°§‘»f°,‘1°§».“"1'~'l..`i`.‘°l’?1°..°”",l2l`.`§f.°}°“$`ul»‘“‘.>l~°“`°'..'..°'.u°§...l"3¢l‘“$
“nw” °! U” bm" b“sm1,T'°‘;°‘;3; “that the yas-'s work as a whois computed on the same strong and night'a annual City Council
i _ i ins:
(nv Louis nov canadian Press ' lr tn ~ Y° '
Hi ¢ t 1 h B nk r M t 1 -
memory, the more inexorable the ;\ell>sllrli;letdrt,gd»aty.e . 0 anna ul;1:°a1r¢i:1)kawv§1i::liutdtnegrveAaT;roptp4x°.0t BpedAlMLti,'alizil°trl:vissAdpaiddr”‘uy the mgm :-In Oo
“  °:..°.:’.‘;i‘“;.“°.:..l.“: W" GW mc- ~ ~» “‘°°°°“» =° °‘ “M '°° W °“”"
L, mn; mu’c‘h‘emedmg expem__ an tru,-lease or 10,956,645 during tus -:meld roreu ogwnite    gills;
not In seeing me buq-ends Eu' "l°“~" th' "W" °`“‘“`“'- "md "5"" *whlfiall no: total s2gii'8»g1,.092 :get  dlrliullline apkdilt in The oxiily extensions to the
uf H 3 K?°g““: m°°“1't‘{¢v §*’°‘°m°f 311° The company continued us' policy helping on pollrymlaers to pre- wg sttergred donna thalvetryvelf
gy 3" 1" “5 " 3° _ V' 'P of “safety fu-sl." and wrote down serve intent their insurance quitlea W ere le  'U0 l\'|l°\l D9
_ . ' ` ' _ Y. Up-
, ' ' I ' _ ' on ll
' ' V _ ’ _ ' _ _ I on Mc-
wo
c.
"Naples 38th March, 1910: She B¢°bm"Y ln °°mm°d"-Y P\`l°¢5» Wim New /lm»urn.noea issued durnl wt of the client is served
lives in me, and will not be dead Y\|l“¥ W“d°“°Y- the year, including relnstatemenis, taining the old po
"Improved ¢°ndltl°M ln 0*-ll" amounted to ssossssll. 'rm new ly nduclne tn.
e: wlmtflet of the Emvlre and in lbs Paid-for Assurances included revl- l tu-ma amount
for 1 cmllot. I will not kill her Ullilld Sf-HW Ire helllful *O CW' vals and increased policies, but ex- holders standpo
in ada, which needs foreign markets Cm K d-,und .ddm°n_.,_ wgaued v,,m-,em gy, dx
for many of her naturxsproducts; ;,52fg11,9g2_ V ,me um, mm, 1-ebu
"Ma momln ln Florence: Santa both exports and lmpo g‘row\ln‘ '_ emg rung,"
’ ‘ tum-    tl. ~"°““’.~. u-»~--» »- »»-  .:::::‘:. .tm
full of her. I see her at every street Betterment in agricultural condl- canada Luo m me “le Q, annum ggpymong controlled by ‘"0 ‘mm
comer, sometimes she Ls young and tions is needed. however, if the bona This u m mmm of tp- Over $8,700,000 had been paid to Thmy (30) buudmu 'an wb N' Water
lovely! sometimes with that air ab- farmers are to be set on their feet promimmy 9,400,000 mov, the the Company on policy loans dur- mem, ,mn th. “hr 'mu vp mu Det-»r.lber
sentand d.lstra.cted,whlchwashers1 again. the report points out. The a_m0um5 mxwed m me pnvmm il-tg th; year; while in the lost mm md thmyqlx (35) bmldmp --
prim or wheat is nlgnar than s year yeah qw-rar or im, loen 1lv°W1°”" with the lever-an system durlna _
25 ago. but “ls atlll below the cost of Amxnncu in mme M nw 31" were fifty per cent greater than th. you_ -nn 1° ‘wh oamwwm
years, She had died old and a little production and ‘the export move- December' 1933' ‘mmmwd so “Mr 1|; me lug, quarks- of lm. The to nb°,,'°°d Hum
ld
net credit, exclusive of capital, was hge, mem; ,un
approximately l4°»000~00°- Thi# tue au:-plus mm the
plus an estimated net credit of M mu bu,5m¢._ 5°
nearly $62,000,000 representing MP- when the
itll inflow, makes s. total of $102.- acted wward
000,000, for which no debit items ap- ,mm puny;
pear." ernargenmyhl
"The quantity and value of news- of ,mg an
print exported increased in Deoem- tullbenoe, the wrt
expansion in export of nickel om- 
tinuestofeat\n~ethetfsde!ll'\l1'\l~ etnhlnetlneome
Notable, too, ls the impmvementtn year from al gpnrem
the lumber trade. the export of 715.
planksandboerdsin December hav- An lnterestlnsreotlsre
ing baennearlytreble thatofths Compenydidhotolrry
same lnnnth in 1932." venue' account an addl
, rears al inwast sinh l
psothoti -
The
duets in
elerle
fluwél iii
'Ili Ellie
lil ll igsgigl
‘l " tillts
eellsmioneds-
shamed
UOINMII
 ‘
F
Eli
0090000100*
-I1
-tl
lv”
ment is llulgiah 568 .fm deducu “uh 1”. [IGI .l1\fNl‘lM\‘l 0! P°u°i°l ¢Ul'ml gomplgtod gng 'QQ' t
In "-5 ""°“°m "°l°"'l°“‘ ‘mb ses,'8?n4at\lred endowrnned/ta and other i-5° ll* U* “Wu” °f lm W" new line The original
other countrl¢=.hCl“:d=`=mP°S\tl°“ mm natluus ¢lh;v°r$“l;=rd°°;1"gn\¢U tl*-N1 ff" '-11° wluen was out fm- um connection
_ has become muc cas er, e sum- ` R me decrease in Ord”-,_ . 5| in 5 mm”-kgblg guy gg "ga-.
she has not seen a single nm; they muy nys, "ye§‘f;di“ufs_m_“M° busmcsl ML gn, gumuw gr .urs insurance, umm .rm bww umqgmm mf
“Prellmlnary figures issued by the Mccgmw p0m¢,4 out wg; ,wh nomeiq the reserve it creates for g°,~;y.|u rw-._ nm. ,mmm 5.
donation Bureau of Statistics show palm, of nw mmnnu m me “_ times of ilnmollll &l’ll\8°l\°¥. N4 no necessity ol rQlsc1n| Wi neil
that for 1933 credit balances for Kmnms cngm . dnm an , Wm. been brow!! to life nun cite-rl! ln the lifetime of el! d our dt!  1
commodities. gold and the tourist pm,-A sm-p1u,_ in mm th, umm" than ever before. ltr- Mitchell de- lens. was 0 8
I f°"‘°"‘°" ““ ‘"‘°"“‘°“ wht" mule, amounting in all to tzsa.ooo,- of Ummm; the uuslnen, paying ¢larsd.°-wean aaa:-me on alludes over slsven nurtures tl,loo> or
000. were more than aufflclent to me mo,-“my chugu ,nvolvd m pmllo apwoistion of the rect that der: were issued by the otflea in
mast net debits for interest. freight th, mn yen md "um up me lilo insurance contrasts have func- 1933 for turning on and
and exchange totalling e24lmo0,000. mm, reg,-,,,, no ¢w,14,f¢,;y cloned when otlur sources have Us or these being on
"with minor invisible items show- Umm ,hm ,M nm yn, Wm- fueled. wnl mwlns- Ateordln
lfll 8 Ml 49°” °f 33f°°°»°°°» Wi" hun income on the business. It th°z°‘“'I°'°“
ti gotaleasened
b¢f°'¢l‘¢h¢W¢°edinl y¢N’\M¢l1° amount of business is not dsttub-
revenue account tlaeeefete,
mads,mtblsyaerentlr\!von
“°“‘ 1'* “‘° 1°“" '“°“‘ ll strengths al l msn me oousel-vnu was at vuuatmn me
W" 1' “°t°d in me m°“"hl7 mm fsl."“sric of urnoouvphllxnuld gernlits Oornpenylsas used for ml-D1 WHS 'IU HU W°l'B\'l-‘P U10 UMW
fflnffm "ml the °\°“°“°“ 3 YW securues b szzsaam to meet un 'rm mel-ease ln me number or ewan vu
pu *B0 cel-talnties yereated by the world policies upon which loans have 320 fi 4 infill WDW? #P0 °l\
po -th, old gum" p\,y"» which R*d“°l\°“ °f mV°‘“°"i°' in the wide depression The report indie neon mode has led to the tempts PU' Qlbw 539°*
' , P0104 °f d¢Pl'¢“l°*`° Dl°d“°l“¥ 1°' ates that the C0mpa.ny'a already tion to surrender policies with loans 139 fl * “Wh “WV Pl”
Seeing lt I burst into tears today °"°°k-5 in ml" W“'¢h°“5° and 5h°¥’ large holdings of Government Gov and replace them with new unm °l£“A¥;’“:°i oh
he -’“l’P“°5 ‘ WU f°" °“1*"5°d °“°P“‘ emment Guaranteed and Municipal cumbared pol.eiea. Aa e 881101111 “ '°""' V17'
as and distribution to which ls added Bonds were increaxd from B wt., rule. M, mmm” 9,4' in cm N per Queen Btmet
the buying incentive of greater of “sassy” to 557509501 “few ,amd th” th, mn mu., 1281!. G inch sewer pipe
Gill Avenue
In addition to
inch valves were
drants in congested
valves eliminate the
.ti
itiigl
;t§° E
Zeééfj
oordsmorof
thaninanyprevinua
Attheeltneotthe
2,960 dwelilnigsteres
water luvvlled blthls
,igtég
. Eiigllg
  1 .°» _ t t
itil iiagggillallglgiiglg
§§§§illlilfl?§i}",§li§§§E
llllllllllllllillllliri
K ilziilt iigglériritiliiii
_ls
l
l
l
‘llillll lllill
illlfl'
mmisslonsrl
gi
il?
lltéilti
shutting down large seditms
event of a damaged hydrant.
iii
iii
l itiiiét
lilia iii
i
Es
i
ment. 2M'l,neovsr lpq-
thewaterusarlhaveplunttng
ennsparahvodstr
hrthsssllails
1033-@31-
W,
We-
last
ggttsaq t§§l§§s=§§§
‘giiilééi-3§§§&§§;§t
gigiié.-liar' = .l
f§*ii§§§“§§§§ i rg
tie. _t°5r5tS ~21
55° Egssiias gi;
t§il?tsl.§l  .sl
Moet- tdneetlyw
sewerage sinking
and probably equivalent
tthisbe-
y cn ‘t
heale-
An-
Ml*
o-
annual
Ei
gl
ii
ES
Es
as
hell!!
gg, tn BVWIY
Office of the
and
is
.li
Alierlaoda
reservoir
”n&. WI*
will fp
Ulttsens
[hd $0 1=:a=l=I=
""“' Stewart
lieveit
an
MGLEOD
~ llatllo lst
ini IL
Ml- A- N. MIKTIIEIL
lneil
gave :Ie
ually satisfactory
srl to otrme
Romeo!-Nlly eulrrnltlédt
J. A. WEBSTER
ll F CONNORS
0, D wltmllr
I
Commissioners of Bowers and
Special Chocolates 39cl
am- sslml rams loo
not tmeolate with rarlrvlill
l"r|ed0ya0e\‘lnn'l‘oast WWI
Teeorcnifeeion
Teas Served.
Open 8 a.m. to 1 a.m.
5.” Brace Building QUW
HDMI!!
2l.;.‘? .-rulasslunal
CAU-
l|sel|lSTEB’
fe!
an-a»¢l'P*“"
all
who. at
tails
GI
oth ltsi_
mlasiones
lulvvly.
.__-4
lllllfll
Lowthst