Mortgage Loans ~ PON the security 0t‘ first clan improved real estate, we will!» glad to makc suitable first mortgage , loans. Consult our Mortgage Dcpartment. ‘I Bl ‘_ EASTERN TRUST ‘ CO II P L N Y Hcad Oflicc: HALIFAX, N_$, i131. ' At-llng Hummer; (‘Iitir ilteluwn Ilrnm-n l" ‘QUIT I \ __._.._..__.____.. w.. . _ ‘"0"’ ‘Yiililitl: tor llt-vlilopiiieiil. ‘l lit" iiitliltitit: can mtikc a s ,i-lisei~atil1 tht-tv is no reason “E ntci-ir START A BRANCH or ~ MFG. llrlitl, ‘til ,- » ~ . . , , , N, Harm 1-,, Try mum 9,112,"hialisnlriug“[cglgkjsmg]? mull an lll-‘fllfrllllldll amount in tint! linen occupied by the Haixii _____ thmm, h’ "m, m", f‘, h’ d wa _'aiii ihl-ir making i, a 11n- m-Lcltot titinw- than awn-u laonturleo _ . l . . " r c. " a“. I'M-won, yct they nevnr ltava [l1".l.(ittlli\'l|Pll_ iii 1796. iti tho days oi‘ ' (Historlcus) _ Wt“ “s_ ""03 “will "lillwmliil "i a <...,,C,.,-,,.,| Pym" ,0 rpu“, .,,,,(7t-tirgl~ tho Third. a small building Aulnit six wcclts ago, .\lt' Editor,tlllillbliiiiiliiittii-I ltttlitstriiis. lt i-z invyrpflts,“ Th“. 5UP," H, ‘mfik ‘itflYllti illl(ll‘tl to the lust and 0t tho p; Guardian took the llblirls‘ iii‘ “"“, "i037 w‘ dill’ lllill lltllfli l“ (UPS n", “ffmi, “film in my vnfllttnvoiz A larger wing was built (in kmg ml. a“ ail-Dim“, U, m. senniililliitig itniitissibln about it-_ “r “Fauna, M" and Uw_‘am 0",“, H“, “Th, 3MB i" 135,, bu, we om ti" l“ "my ““““‘ “““ ““‘.“"i“‘.‘"' .i‘.-“ .“““‘ ""“". l“ "l" "viii '"' willilll-Z to join‘ in lilo‘ lzl-ilor-{i Ti-iti-riii‘ iiwilvirivlle is still in uso- iiimutlitit-s in the Hllilllt.) oi liglil tlllitiiiiclal itllllittflllPfi. nr built. _t'> “MHHMII. “m, ,,_m,,“_,,.\. we linéu‘ lt is tho only ‘our: lit-the SUOYIYS lElKlll and Dd-“fiviitteifi- Without, “l: lliliiittllllill vorroaiitiiidl-itrt- with firjvnny 1mm “H's ,,‘ri,;gs' m,‘ $01M’ flirts. and t-astlvs \i'liit~l\ once d-i- “‘"‘“' A l m“ ‘l m‘ m“ ‘w ““““>N‘ ‘o tltl- (‘tlllbllhiillll that tti l-tivct an lli- rmldmi "l" s"“lil5i\ "owe"- “"“‘5“: ‘gmingly arousing any ttttii "i in rcality Willi tho ' ' ringing down one oi" tlinste Fill?!‘ ‘Hi5. "in. 0i tviticluwiitcr lllilklilfi‘ : iiifitify hort- iliat. ivuttltl‘ sl-rvo t . Ctlllllil‘ til li-ilil triptl- 0Di'.1lll-l0li[‘ll‘00 gtirrltlllltillll-‘I ll|‘0\'llll_'l'5—-ili;.\i. itiattztirtttv a rt-ititllii" *ll'l'Vl( .175 l" fill)‘. liizitl- irlil-rl- thl-rl- is nill tillfl‘ ...i:‘ii1l)’ math; tl\‘ fii twill“ “Y it" i“>\\tl\'"iiliiii\. wlwvti flp lrtiin Xllint-ton ttu Sttlulzty gar-divas to say. this i'lillllllllllll_\l m; greatly till-ziscll with lllt‘ l-vl-nt lllli lt-vl Ultilltlv to‘ llilVl‘ a I‘(<l).',ll |m\‘lt‘t~ t‘>l'.llllb4lllffl llort- up thé llzu- lt lsliliwl‘ tivl-t‘ _ ‘l "H" will!!! l\'l|l‘l"' tllls d," U, |],.. m,“ Fintl oitl \\'il‘ll Irititi that tlin trlllfll] or this lil-iiit-'_i“""il ‘Ytlllltl 1'1"" l" W) till ill" Hillt- tllul l.\'llil|(l is ll'l‘(‘.\'l.‘illl)lt'- aiitl only l"<‘l- it‘ it'll“. Unr fail‘ .lalill has not bt-l-ii ' mils lNTHlFviVnl. l-"Jlort (\l\ lill’ tta "t ‘ tllllll‘ DPOIIiU to lit- it \\‘lllll“l‘- 111t- liril-i‘ lltlll‘ it l't‘t|llll'tl lli hritr: l‘_\' liar rvlllt‘ about whit-h tiitiy ll tilinltt in llit- most liliiitsinf: ha" zVlll‘ S"\'\'l'.\l litios lit‘ liititist m“. ‘,,-,.,,,_ “mi qigluhlighpg u “y... ilN \\'l‘ll lt~i in oilii-i- twlllllllll-ri- t) tlotilit .it~~\rhy' catniut that rvitiark» tihlt- gt-nliis, Mb Henry Form u, n,“ “Iltillluv ill tho wakl- oi the yiionl-or i\ll|lli\llt\ by l-stablislting a piontwi" slrikus art- |il¢'\('ll(‘illl)' l|l]i\'llll\\‘ll"“ ' llUillllU-‘i arl- within l'Elil‘il' _aml \\‘lll'|t' l'll‘('tl2\lill'S t-litiltl lit- ind. i,“ \\.‘.lli<\lll ltl-tivy importation of iolill‘ \\'l- think it in ivvll worth. M" li\‘t‘ |'l!4l|lLZll in llil- past. and vitally-l‘ (‘FPZI- E i b‘ uls- l“ ma ittt hi: (‘Elli u-litt it tr‘- ill-i ii‘. School tl-itchl-i- I iitattvi" lit coticl-rn, l tot-Psi, tint] imitation [or llluliy ye- fr-w iw-tirs ago [lie gt,\-,.,.,,m,,n, ugliest in hi.»- nativli Scotland. ‘lilo limviiice math» an iiu-retiso int _ Kiillilfi in i,.,,,.|,,.,.s_ ‘W, m“ avePlbtw-n lltt‘ llfillli.‘ lit‘ the King's tort 40:0 sailary now til-mg m,“ 5,, Mk)“. wiliaily’ a thousand YBUFS, and ‘ tho tircragl: llliluigr paid in any (Ii “ml? ‘"5 115i"; Tilmlm" thr olhvi- pi-Qvim-nh; whim a gnu“ iprophcsit-d that "Tyde what 5y,“_i|l)t‘iy€l0' llalg shall he llaig of t-rl .-.st~- lllt; tytlortn lit-iii lill’. lcaohnrst lint! that must bring rmi- own vasv liciwrl- ihtwi“ llliiiiilll"ll it!‘ till‘ tiliiiily K4'Vl‘l'lllll"lll atill l-ilim-iia proviiitit» ll \\'l'. ii~' nit lirizliiiizitiloti: liriiil: hl-furl- llll‘ llllllilt‘ yalnl‘ l‘l'ithllll\' for an llll‘l'(‘ll$l' ztiiil it" ww trait ITFHVH that Nl|I'll ill ‘ ssion by of Questions u! tutu-qt, Th1, Charlottetown Guardian does not. ‘necessarily endorse the opinions ol tllffbspondcnlg, ‘ in‘ the iiitolligeitt and t-tic citlzi-tis of this braving“ilivtnorsywle." iwalizl- that tt-ttnhtirs ill‘ .l»t' this |ll‘i]\'lIii'i‘ us wl-ll as to tits-fig“ nun P- E- l. 'llii- lini-stilin lit’ tin» 3TH must. til‘ tuatioii that thi- piill llt tlit- brlii’ ‘:OO“QO§QQOOO-OOO—OO—OQOOOOQO The Pttblic Forum olumn hi open (or me pondents O >¢¢H+0-Q++»o+o0+4++++o+‘ m‘: TEACHERS SALARIES out t'l'l'il.‘it‘ n1‘ siilaril-s tit it“. pumicfsolllii-rs and settinziu of the Empire‘ n, |>_|-;_|_ has benniWllfl sloop tin-re. it will o! course s- “Will;- ‘ll lflflllLfi um],- ‘l5 still itilizibitliti as ti mtumria] rt). -f Liiillivilltizil l\“-lt‘ili‘.', thou we t-tni ‘ i< tlil» lllily atitll lililignititin lllt- _Lt|\'4'l‘llllli‘Il| lo izivt- l'fft'l'li\'li““‘r“‘ ‘t'lill‘<'llll'l'illlllll to tint‘ claltiiil. ‘ ‘ ‘ l Wliv llivli ill» wt» l't.‘t}\lt*>€l an in- walatgt“! ll is a tat-l basin: ltvorau“ _, in.“ “nfllltn aasvnihlvtl in tiriiis \\'lilll‘l find a ‘in i.i2ll\.\' til thli lralltiit arr hinlilit"‘i"’i'illl‘ votiiptiiiy ll|l‘l't‘. | Ztiilnittttti‘ By Temple Chambers (By lfltish United Preu) Ham's Resting Place The public funeral 0t Field- Mariihal Earl llalg to-tiay 1n the ore-u and fitlllllPlllllll event, of the weak. Although tht- people at lame would have WlBllBd that. b8 -.~=hutilli rvst in St. Paul's Cathed- mnral with tltt- gallant. company 0T l l l l i i l ydnlll.‘ and with outlier-standing, to tho family doslrc that habhoultl litWIlOYSydF‘, by the Tweed. has aid , tlic Rhymer, mav Thi- oltl portion 0t‘ ill" mansion y,-.;ll(‘\'lll'k‘. anil. mort- inn-rusting still,‘ _ ‘ that. ||,.- Jtltiltntilll‘ llittnlli-ll it. Question '01 Memorial‘ Ntitiirtillifl tlii_- dill-stint‘ iii’ a m, i,,,-,~,.,,_.;..Jitriiiorfil in Lot-ll llliig is alrl-litl)’ ln-nt-iil to ill!‘ yotiihjtllillt-t‘ vlinsidtitaticin. niill the nut:- stion that thl- vitratit patio-still, iirili lit" titirthtrvst l<t,i'|il*t' til’ ’l‘ra|‘.il~ m’ tzlii- titular»- chunld lit’ llllilfiflll i.~;_ l’ iii‘ full t't|ll.\ilill‘l'\ll'lll. Ft ‘ tut-r 5H XPHTS this. perinatal illS‘ boon ivitlitiiii an tli‘(‘ll[)i.l|1l and Hi9 iiialt \\‘lltl l'tlllllllllllli(‘li tlit- lllKllllPSl‘ ‘host which lllt‘ llitisli Ellllilft‘ evq ““"““ “““““ N “Unhy ii“ ‘wmgimd. SIM-Mi‘ ".‘I‘,"H“““ _._“P ‘izldwlllllll tltlisl- lllllti to liilil-lil~i‘.< l~z “iwlmiilll-i iii“ Nl-‘i-“ill “Uililllib: Y""°“““‘ " """“'“‘ “"“" '.‘“.“ “"““'t“"“ f‘ .“.‘ ‘.‘. ‘m- |“"i““‘.'.““ “‘i“.“‘llii.-l fart lDPPIlIISI‘ nn- tlnrk- n! itn-"ii" Salli-r" has a ilwitotillvivilioiY °‘ii““““‘ “W ““‘ mmv“ .'~.““"'““‘ “DUN, “‘.“\m‘“.‘ia““ ‘ldilw k‘[ni“l“|“-‘i< ton ‘H'|' is tit‘ lt-ss valnt- tiiiil (‘OI l“ ‘ -‘ ii“““l'i\i*‘ (i"""l'"i (‘iii\i'l“$ W1“ w"“““"“ m milk“ “‘.‘"“‘ am“ “‘l“““i“.‘iil“‘ (iki . - ‘ytmd l‘ ‘in “ l]lll‘l'.t'i‘ than that oi‘ lulu-i’ lirott . fit"! ti!‘ Sliutltiti I‘: iv; tgavvlonk of: lillllft‘ _‘"li““l““'“‘“‘ “m” “m““fi“i‘_‘m' ,“_‘ nu‘ .. ‘y _“l“_‘_,ii,,,,_\. “m, ,,.m|,.5-- A, Sun“. m“. llll‘ lnllitin .\llllill,. Natiil-i‘ lit‘ .\l:i<-.‘ litilallototirrollliil?"lt""I’|" "l"“|"' ‘“‘__“"“_“ '\_‘,"“ m“ “"‘ “‘ “"“““‘“m, i“ mm“ w . m. “Hum ,,,.,,,.,._1l|;il;i. (tlil-rtzl- tht- Fltttrlli is tilt": ll lilril “till tlli- lit"'~\'l>t‘\‘i iiiill iii" "‘ ““*>‘i“"l' < (‘mu HIP i" his n,“ ,5. hmlnzh, 3",], only ll\l\'lltl"l'. but poiliaps his “ail, “ “ "as ‘Wmmm “‘ W“ - low t‘illlii.it'l with and lllllll‘l' (‘all ""5 Hiotttin told hii1li‘it'tlll$ till!‘ l "\““‘.“' “w, ‘h’: “iimrxi i’l‘l.\'lllll‘l' ‘llitllul; l lllurl mm“. ittlii~'tit~i- l.:' tlil- work tit‘ tlil- ti-airh ‘liiillit‘i" til‘ lilo‘ llwlllilllllflv tit Watt“. u‘ Mm.“ “.“ Inn“ h"h“‘_:i\‘~llill IQ tlli." .‘t'l' l ll for iia <lit'.' 5ill‘til_\' llt-:‘l"'- it" iilii)‘ lillvi‘ lt"l‘lt'\'t'll llllll it?’ ‘J “‘_““"“.““ “viw u‘ “m $“““““‘ “‘ .|till_'.-.l-‘ “\\'h,\'. hunk that?‘ .pz‘tlt‘l-.~‘.~"iliti \\'lilt'l t-lttiips ilw yoii-lizmifi li\"\"‘- “ “““‘Q‘ b“ “l““““:"‘k"\ “l '.\'\\‘Ul‘i' l-i it'll lit“ ,lii‘-tltl- ('(llllll\‘\ to ll\('l'( tic nltyhlygmqt Wliait-vt-i- Lori‘ ll:ii,'.:'.~; in"nil>ri1il_ ls it titty wliiiil'-i' tlil-n that this gvt-nt this liljraltl in‘ lllllill't'itll‘¢ otlilir lax-ins, in amtltl-uini; tho potiplt- ti» tlii‘ ;:|‘l~ttt posailiilitios- ul- Wc Recommend Federated ‘Capital ‘ i Corporation ti l’. t‘. Cumulative Preferred Stock (With Common Stock tlttrchlist- Warrants) the “Britisrfl or "Gcncral Mtttititzcineitt" type. It. owns stocks in 210 oi the loading public. utilities. railroads, illfltHZ- trials. itisttrancc companies and banks oi the United States lind Canada. ‘Yhov: companies and hanks. iorni a cmas-sct-tioit 0t iiidtts- trial and financial North America. An invczitiiictit. in thl-nt nhottltt crow in value at. North Aniortcti itsclt grows in pop- ulation and wealth. Tlili ltoldiufis of Canadian Stocks include the following: litiult of Montreal (‘itnndlim Bani. of Common-t‘- liank til Nova t-‘irotizi R9!“ Blink "l Cilmld“ l‘ i l-‘vtlcrlitvrt Capital Corporation is aifliivcstnicni 'l't‘\t:.t t»! t‘ |;¢-|| Telt-pimno (‘ompany m‘ (Janada (‘tmatlian Pacific Railway (‘nmPiWY Dominion Textile Company lilti- Laurcntldc Company Ltd. V Montreal Light, licat aml Pliwor (Zonsolttialod Ugilvio. Flour Milk‘, Complaint. Hi1 Shuwlulgan Water 8i Poitrt-r Comifl"! Stool Company uFCanada i Wt- r-lltili lit- ‘glad upon i-ctitiost t0 S0llti you lull intorinalioii nimnt. i-‘vttcrtiicd Capital Corporation ~-ll’ltllitllllg a rouiiilt-tti hat o1 tht- 210 stocks it (lWll-‘Z. Price $20.75 pcr share and Dividend Wilrryillfl tho right to purchase one Shari: of (liiiitiuiiti Nun-k at $25 ‘with each 5‘ short-l. 0f Preferred Stock 0n or lit-tore Juuc 30. ltllithi Eastern Securities 00., Ltd. INVEWPMENT‘ llANKlin-5 Mt; Richmond Si. —- Charlottetown: Montreal COUPON Si. John "immx New Universities Dictionary ltl~ tin» lI<~ W1 t ‘lint. l w How to Gel ll I tboflnoNmlnnlCadl Hrnuhchrolzlmlllillihl ltlotmo 098C “ Tilt‘ Ni-n .UNlVl‘.ltSllll.S DIFTIUN .\R\ -l l t tvMTtz \TFY) imn. Iflflrwl ofiffs ooh a mllol BE u oxtn FILL-ED 01C l0 IIIIII .-.... "out" in onta Nodal 22 DICTIONARIES 0.1, q‘. cqpon New , w llroiii out‘ SCllltl-iF- hart- at all llllll‘\' al-qltiltoll lllPltl‘ ifilllVtui willi tnzirkl-ll till wliit-li ‘I l'l r -lll.\i ,l'nt|ii‘l~ tinitll- til‘_ Ill‘ ' ‘ tirtliy oi‘ at )l-;t.~t iirlliit- it»: fur zi gill "or =t. living Will-ll‘ \\'<- t-laint that an ill"l't‘ll.\‘(' in sitl-llltilit-flliilll Filittti‘. ‘tirir. will sl-rttrt- a titorl- l‘l‘l‘ll'li'lil"li‘ ‘tnnly or twin-hots aiill many will, iiiiliirl-il to raku ii'|i tvztvhiitt: ti lifl- iirotvssioiit 'l‘hi.~' wl- tiriiii.“ l\"ll\‘l't‘ is iltl- ltlt)‘ for ti lil‘(l('l' aiill ‘Willi li'>lt"~‘¢ "lie dill’ ‘its ‘l‘llll‘l"i lnqiiiiipl-ll for lill- in \‘v'ilillPVl‘l' tln- l-lilitisris to follow- all llll Htiiill that it" ’ lililtll a lifl- tirt ‘It-want ‘still biittill‘ - trvstilts would act 4 1 tii t't)lll'ill.<ll)ll. wt- lzlaltii tJiai lll‘| t ;\\'|illlti as ltiral in ln‘ .i-‘i-hrniiryitit-vlli": iatitl iwn H,1‘_\t_i~=_ \\'. Ti-tiln-s wlii at ‘swl-i-l-tl i\'t- 7t‘, lll wit \‘.-Vl‘lliillll\l lit-rs atitt four visitors ~ homo oi" .\ll‘N.Jt)ll|t 'I‘. Tint-villi}: will; d. mitt-ll that all bill»: ‘ t; t-ial hi-ttr ivas 8~‘|)\‘l.'l|li lilllbll girl's 4‘\'1‘l‘_\‘t'llll1l orulltltt» -itt. ivo-lNilil-s 0:‘ llliltilln lv‘!i(‘illllll til‘. tn;- visitors w it li was llan (]i‘l'.~‘0ll. (lt‘\'ill\‘(l l-titiitiil)’ it. HWHS ll.\'tVf‘tl . l fl<p (m- a m" inq-fiiugp in sutniin; ‘ - lilll ut- llo iUili an lllPTPIlNI‘ in int‘! llilfifill itptiit lt-titttli oi‘ sort tin thl- |Il‘()l‘t‘.\.<l(.tll. Wl- art- not t. lint tile art: askini: l\\"‘ii'.\' itivlibitlilitit llllll'll lll~<irl~ to |~|~.t-\\]|nlg'(»‘ and wl- ran rvtitlily ltii-llitttl-liuht; u'<~t"-3liiittit~~i‘- aitll \\'ll"li .-i-t-;|..-t-ll iialtiril-s would titllVt‘ th-il ‘li‘llt‘llt‘l‘R' prnblmiis and l‘t"s\lll. ill. hl-ltvr Sl‘l\‘ll‘i\ to llit- iitililil- ziiul \\‘~ k (‘or tliti iiylllllillily lllllll llitvliplirtitltiii ol lllt‘ rilizotis in WW‘ inning about a airllilltttrt- ‘(ll'\' “itllilllllll it» thin vvry inipor== lil- lllfllllllttls lllt‘ at tho hunti- l Roll (‘all Vltllflllllll’ v (lt-nitlt-tl to hultl .\>,,1,-nt‘n-t~ iDil-TLVQI! Wliijttary ll i“ A (1tlllIlllll0l\ was olot-ttetl to lh school iiamoly .\lr:i. Jlnlill “at” lnlol-h and Airs. v , 'i'liii-tt't'tt HIP!"- llll‘l til th'-\ l.\‘.\l/\l\'. 'l‘lii."4| itiill‘ h,- mlll. A .__-- ‘tit .-t titiit- whi-ii .\lr. (II- lmw; w; are now well‘ stocked with high grade Cool hi‘ winter, namely: Old Sydney Screened. Invcrnus. Sprlngblll. Albion Nut Albion stove. Albion Bound Amorlcan lhrd No‘. Welsh Illrd ltovo. Bcnoo Coke Phone on your NqIIlPW W. D. Gillis . monta- Promot deliver la. Invent prion. and Company PIIOIIO 110 “iiiizli lll‘. tow lllt'll lt:l\'t\ so truly; .,.;l.irii»-ll llli‘ iiiii- i-tiittliih PXDfPSNIWi] by ltl-iit-tal Sitittts .—".\ grout $0,“, ldil-r. niill ti url-att-r _Jt‘ll|lt‘llll\ll.“ Baldwin Badly Dressed tltn- tit‘ tho London morning lilti- .'~-i'.- has lit-en running. its a lcatur '- ‘utr front tlil- diary. kept yw-ars aim. by lllt‘ ztnit’ ttittlii who was lll(‘l|. anll Still is. i l Hers- is an will)‘, l<‘t-hriiar_\' L’. l'J(I.\'j - "l mot ltntlytirll K pliug with his ti: ,t"'ll_“lll. Stanlvy liallfwln- tlit- yotiiiq illllliwlvi‘ [mm tho \\'l~.~;t ('oiiiitry., in gul. llllfll l l l l l»; ,,.;,,.i,i,,g hotly illl'l‘l“tll‘iliilli‘lll likl» liiii lather littfflréi nun“ ,.vt-,-_,- nnittt wlitidtllll . . . ll» l rtiiltcr shy aiill; school will lt-itvo it hutp-riill-t at all plilitivitin-liltl‘ iii his‘ i||l"lll|llllPI. and l llo not slipposti ho! will l-vt-r lit» ll\l\l'i‘ than iollmiv his; tmnw tlml iht- i|upiZ=‘l-~:ilii-:ri it lH‘ t'\’l'l' grist in. tllilil ‘ tiiill colleges,‘ s arl- lllllll-l. lint l iihotild; vztlt him iillitisiiiit. l-tilittroll. linn -‘= ,i,_.~,,,,,,»1i,,n i-Mt-irntiottn, but badly (ll'4‘S.\'"tl matul ‘t iii the alrti ll!‘ l|l\‘ a rel-lists of ill‘ smilt-n it‘ liitlits up a (‘are that is rttpzgoll and. itiivl-t-ntitig.“ Tin- t-tltry llltlll" u»: ilnii its author may iit- an l-xvollr-iit t-tlitor ut‘ tlit~ obvious; that his ltttliwliitlgc ‘of liiiiglitzh gi-tilzirtiihy was, at. an)‘ rzill» in lhosv tiara. not llffillllllltl if lit‘ tlriitizht Worl~l~storsliirl~ nus it ‘tltt- \\’l*si ltoitntry‘ and tnoi-"t t"‘l'- tainl_\'. as nvotiis liar" dfiilllillSll‘ll'-‘ ‘uni qnviililiii iii whirh l-vvry t-i l-d. that ht- \\'-'l.‘5 ll l-onstiit-iiiihsly ln-i It'll iii thi~1 nroviiirl: is Wllitlll‘ ""7? "l'l‘i"l"ii‘ TtWitlWV - =H,,.,.,,,.,| Chamberlain Debuts i “y. ,-,|-,-_ Sir. t-ll-. ' flit‘ i\ii:.'tt~ii tlhtiitihrirlalli must ‘ TEACHERS’ FEDERATION li.l\'l~ lwt-ti tnatililitl irlil-n his :0 ‘ OF P, E. Ii your lliti sun. Just-pit tht- SQ‘,('l\ll|i~ ‘ ......' <Q>~~~——- Itrxitll- llin’ tnailll-li public SlIlWtUll at KipiiAlfllj (‘APl-I. At llll‘ Iriniiigliaiit tho I)l.ll('l' l-votiini: to lillltill'l|t't' \\‘llll'll lllt'llltl"il tit" linirv in’ _\\',ill~.-=. lt ivilx‘ ltttt fill-l, iiil: lllttl Birniliiizliitiii. WlllPll wits-i lhl- l-rtilllli nt‘ tho family ttirtiinr-s. Jmlh flntttii-“tal and iioliti. shtinid hr this sl-ouv, but ht- tiittst, 'at.<li h l\’(' lit-tin a littlt- tllsiiiipoiuttill.for hi» will will not. ttnloss tho. il£'l‘l.‘t|il-, gl- l-onipols hint iii lattir lilo. (lll tlit- family plilitil-ul tradit- lilin into thl- tliirll uoiiiirtitioit. lYnitiil; ‘Jul? ('llillllltt‘l'llllll in to ml- tipt tho Army as his proltission airi to will join tho (‘ultlstrlitiiii (litnrlls. , .\-~ llvitlii Sir Aiiston n-riillnll tririllly thr- tilt)‘ \\'li|‘|t. tnakitit: his own itialdl-n spin-ch in tho (‘om- titittiiis. iii lht- INWIFlIlK oi‘ his fatliot‘. ulstliliti wit! gni tho hviizlii of his tintagotilatit to iklt‘. t‘htimlwrlziin. tho V('l(‘l‘l\l\l "Stah-stnalti aiill HHflI-Ufllllll‘ t-lin- griilttllitl-lt llll‘ ytittiiu iinlitiklit‘ Wltil ‘tmvinnn Nlfltvflly upon ll litwlil-li ‘i -“\\'illt'il mmti llllVt‘ zltirlilt-tti-ll tit’: ‘hvarl of ti fathvr.“ 2i isit . ‘i Prospects o! LiberatQ Iii spitl- til ill!‘ rutiiourti ti“ it“ uinstrilitisly t-irvtiltttvtl stiutv NIX “ months liizti that tho llihl a1 lhirt? wlnilll put 500 ciiittlitlatl-l. into thl‘ v lril-ltl fur tho iurxi Eletrtihn. it i-ioeins .10 lw tho lug! that the gallant ‘bunt-l is not y». tip to strength. ii ‘lll(l(‘l‘li It is anything more than it phliiittint army. Perhaps one‘ reason may be that ivhllo in previous tirncs candi- dates coitltl arrange certain dell- t-nte lltttc tiiiiincial mutton! will: ‘the Chiet Whip in person ant x liilono, they htivo now. it to said. t0 ‘attend and quality at a sort 0! viva voco examination by ncow mitteo 0t Grand lnqulettora who ‘have to bti satisfied before Keep iera of the Purse dig down into the party ‘treasure ch t. Whatever may births real eoulio rim ctt'.i.it'.nr'rr."rotv\~ CTR‘. R DTA .\' Sharon YCBI‘! legal NEW ISSUE Transfer Agent: Montreal Trust Company. consideration t»! short-s of Wlinitiion Siln-lt nt‘ No Pai- \ illllv us (nlloivs o! thrwi short-s of .\n Par Valuo Common Sun-k for one sbtiri- n! l‘ January ‘hi. infill. on ll)" 9°51?!“ Prior to tltl-st- tlrtttiu (or i-clit-tuptiun in tiasb. in .i-l. llemnnd rvdt-mptton in ul-t-orllzinl-n with ttn- (crop/tin: limit lit-- BUSlNI-‘SS AND PROPERTY--C. W. Lindsay 3: Co., Limited is being incorporated under Province of Quebec Charter to acquire the undertaking and established in a small way in Montreal over fifty one of the largest organimtions of its kind in Canada. accounts receivable bear interest at the rate of seven per cent. per annum. instruments handled include the well-known Stein- way (“instrument of the immortals"), Heintzman & Company and Lindsay Pianos, Estey Organs, Brunswick Panatropes and Records, Q.R.S. and Duo-Art Music Rollo and Fada, Stewart-Wamcr and Splildorf Radios. in most cases the Company has exclusive agencies in the Province of Quebec and Eastern Ontario for thew, instruments. Properties owned by the company comprise real estate and buildings at Montreal, Quebec, Ottawa,’ Kingston and Hull. Building," situated on St. Montreal, just west of Peel Street, Was built by C. W. Lindsay, Limited, and designed specially for the musical instrument business. Show rooms are main- tained at other properties of the company and also in the East End of Montreal, Three Rivers, Cornwall, ‘Chicoulimi, GrancPMere, as well as aub- agencies throughout the Province of Quebec and Eastern Ontario. ' EARNINGS-Average earnings for the ten years ending February 28, 1927, available for interest on $1,200,000 6"? Bonds and dividends, after providing for Deprecia- tion and Federal Income Tax at the current rate, t , as certified by P; S. Ross 8: Sons, Chartered Ac- countants were . . . . . - - ~ which after deducting bond interest of. 72,000.00 ' and Preferred st... dTvidénds of . . . . leaves for tho Common Stock . . . . .$ 93,191.00 or at the rote of $4.65 per share per year on 20,000 shares No Par Value Common Stock. IT Ii THE INTENTION on (he Montreal Stock Exchange. Th! Klnlrmrnts vtmtiilnrd hi Him flllt‘t‘l'llfi"lll"tll ltv-r not ltiltlvtllltravi bu! urv haw-t) til) lU/l‘. HITIUIH it-Ittnti n, i,.-'». ,~,. bniitisyp and k A" 0/ "ti! 510v?! /lurui;; lucn scttl. /.‘...; ..'_'..~..'.sc:ncn! appears as a mailer 0/ record only. C. W. Ijnclsay do Co. Limited . (QUEBEC ‘FHA HTER) $1,200,000 672% Cumulative Redeemable Preferred Stock (‘Par Value, $100) i 20,000 Shares Common Stock, No Par Value U Th!‘ (‘timulatlve Profcrroll Stock 1H tu lit‘ lull} mitt and non-assessable, prlicrred a.»- to assets and dividends. unfit!"- "umulatlve proferrntial cash ltivllll-ntls at tht- Tllll- oi 0‘\1_'(-g [itff Dflffliih" 15!. and Alan-h is: by Vllvfilllt‘ at par Canada. “M1 9m" ‘l°\i°9- 9i" “W \'l*i1\l>flri!~‘. tit its option. may purchase some for rluiemption in the open market at n P‘ not exceeding $110 pt-r share zinli ZICPFUWl -l.\'tlil~ntl. Shares are, aiitiuin. [iitf-dblt’ quarterly June ist, Septcmtvrr fin)‘ brunch 1n t‘:i:..l .i of the Fomponys bankers, the Royal Bur-l‘ h-lll- or" in part at Slit.» pt-r share and accrued dlvidond 0n n1. Such Pretorr-itl Shares arl- callabll- Young stiare and share altle with the Common. Such Prefr-r“ l in effect convertible. as hereintifu-r provnied. Regintrar: Eastern Trust Company. I CAPITALIZATION f (on (‘llfllltlrlllill of organization) 67? Thirty Year First Mortgage Sinking Fund Gold Bonds Alttltnrlzoii 1'0 be tuned (Closed) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,200,000 $1,200,000 5llffl; Cumulative Redeemable Preferred Stock ' (this time) . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . 2,000,000 1,200,000 Common Stock No Par Value . . . . . . . . . . . . . . . . . . . . 60,000.s!ia. 20,000 aha. (Out of thl tiatanco of tho tiltthoinzeli Common ~.-h:irest o! . w Pwr \‘;ilu~-, 36.000 snarl-s are tn he FQSPTVPH [or F"ll¢:I’l‘lDll0h ti.‘ Fuinulative Redcomalilt- l’i~-." "rt-ll .\':t;il.-k as hcrcltziiftcr provided.) of 6W1 vititlutliiir» n-llnl-rnnt-lt- l‘rl'l'-*rl'~*ll Nltvvk shall. at the ni-t ‘ llii- lttilil"? tin-nit», i.» inn-ti i._.- tin. minpiiii- infirm ' iili l“ Juuuorr 1st. ltttll. Ill] ti“ iinqs . llltl including January 1st. 1030. - rlitin-afri-r up in fllltl lttl-‘titlin; n i. for - ~h:irl- nf l'r--Ii~rr--l ‘tin-k. tiiiliw vt-ille-l by.‘ (lit? hollli-r l-t‘ ~h>trn< lit (‘rctk-rratl Stank nhall have the right to lion (if thl- llilillfwdll!‘ l'>'tl"lllllli(lll l|l|li'.‘i'_ i From a letter of Mr. C. W. Lirztksav, we summarize as follows: For éach of the y...“ ending February; 2am. 192v. " - r-arninga on the above basis were: ‘ - i 924 . . $250,490.48 assets of C. W. Lindsay, Limited, distributors of - 1925 20513130 ~~ pianos, organs, radios, phonograplu and other 1926 _ _ _ 207,634,113 ., mualcal instruments. The business was originally 1927 . . . . . . . .. 241,500.11 l lt is estimated that for the year ending February, 29', 1928, earnings after Depreciation and income Tax available for bond interest and dividends will i ' be . . . , . . . . . . . . . . . . . . . . . $331,800.00 i ago by Mr. C. W. Lindsay and has grown into The 5min“! i, concluded in such ’ way ‘ha, toss” which after deducting bond interest of 72,000.00 I from bad debts are negligible as accounts receivable . 1 ‘ represent installments still due on instruments and _ _ $259i80o-00 ,1 ‘he indebtedness is fuuy protected by He,“ A" and Preferred Stock dividends of . . . 78,000.00 »§ l leaves for the Common Stock . . . $181,800.00 or over $9.00 per share on 20,000 share: of No Pa!‘ Value Corrlmdn Stock. (Of these estimated earn- ings those for ten months are actual and certified by P. S. Ross 8: Sons and those for two months are i estimated by the Management.) l MANAGEMENT-JPN: managément of the busi~ ' ness will continue largely in the hand: ofthose 5' responsible for the success of the company in the .' past. Mr. Lindsay will be Chairman of the Board and Mr. J. A. Hebert, formerly General Manager, L; U _ will be President and General Manager of C. W. i. The seven-storey Lindsay Lindsay & Co" Limkei ~ Catherine Street West, » ASSETS-Real Estate. and buildings at hlontrerl. 1 Ottawa, Quebec, Kingston and Hull have tr» ~ ; appraised under date of February 5th, 192B, Ernest Pitt & Co" Real Estate Valuators, at ..........................$l,097,290. i’) Net Current Assets after making provision for Current Liabilities . . . Sundry Assets less reserves . . . . . . 1,687,461. 6,850.44 l Total Assets . . . . . . . .$Z,791,60l.79 Total Net Assets after making pro- I vision for $1,200,000 Bonds . . . . . 1,591,601.79 t which is equal to $132 per share of Preferred. ‘ First Mortgage Sinking Fund EXPANSION-into company operates in one of the most prosperous parts of Canada, viz.: Mortt- l real, the Province of Quebec and Eastern Ontario. The substantial growth in population of Montreal each year is of advantage to the Company and through its branches at the pulp and paper centres of Three Rivers, Quebec, Chicoutimi and Grond‘Mere, it benefits directly through the growth of that great industry. The opening of further branche; in growing centres is in contemplation. ‘ ‘ . . . . $243,191.00 $171,191.00 78,000.00 We of/cr Iltc nbovc shares when, as and if issued and received by as sitbjecf In the approval of at! details by Messrs. Brown, Montgomery and McMichnel, Montreal. '1 u l shore Prefer-Md Stork Price $107.50 per umt of i, ,5 RM", Cfinlmnn SW, ‘A 1. Plus accrued dividend on Preferred _ -. (Dividend 0n Preterrnd Stock will arcruo from hiarch 1st, 1928) ' $31 per share o?‘ Common Stock at whirli prlri.‘ fractional (‘amnion Shana will lw iilllustoil 0F THE DIRECTORS TO PLJFE THE (‘IIBIMON STOCK f)\ A YIIKGFLXI! DIVITITYD 3551a DURING I028 lnlerim certificalcs are expected to ‘be ready for delivery 0n or about March Isl, D Application will be made in due course for listing Hm Preferred and Common shares o] (lie Company JOHNSTON ANDWA XIOXTRICAI. ST! N ‘K ll.‘ X t ‘HA Nfi ll‘. ME“““““‘§ ‘rouowro swan-it taxriixx-rii-n . _._. ___._ c..__ . .,.__.-. _...._ ....__-..... McCUFlDY BUILDING, HALIFAX svosrtv WUNCTON sHHRKKRINiKI" wr. .mii.\".<. NFI-l). Kl'l‘(‘Ill-Z_ ER wrizrrrtiirti Priinh- o-irm to at.’ hrlmrltvv KI\H.‘~'TUN TUIIONTV) H'\l\"l JtlllY, .\'.ll. HALIFAX LONDON. ONT. on ti-lii/"h ll‘l‘ liriwll (l: iirrltiiylnu In? 1h» ,,.,,..i.q,~.- ..1 li..-,-,~ . nip . ;_ nltntial an minty vulva ,a in llllliilllb0flliulflllfll Papct‘ C!» titiHi ‘July. 901. titll ll’ lftlllkiY ““"“"““"""'<t ill tlv-ttnlernnllonnt Pl-irnit-nnl 3t; l \V|\t‘.'|l uni-ti» in: Mai. ma" t Oats—Mnt'l"lt. 5m; lilay. s51... |l|‘lJ£'i‘|)1'l'l§ an lmlictitotl at tho |i|'l*.-i-‘Mi5. Knit. ‘ind TPX- RII- 1365 nilllig till‘; l Whcai___Mi1_\‘. 137b,; July. 138R" ciit thnv. iReadinit Co, . .. a8‘ i Porn March. 941. Mm i177. Ot-tohoi- 131". llowcvet‘. they titar luko hiilvt Southern Pacific Cn. ti.‘ ~ -- »—~-- VA ~- - -~- ~—--—* A- agiiin. Do we not. all remember llkunfnn Pggiflp Ry __ _ M _ 195i, certain contcmntlble little artnyU. B. lndtisiriai Alcohol Co. to? whit-h later swelled into n ronJWes-tingitottse Electric ti! litter-int: host‘! United scant-n Steel . . . . . . .. 139i. Exchome: American Gan Co. Am. Smelt. and Amoonltlo 00p. ‘o! the lack ct recruits. Liberal: tn general recognise that the Gown-tr ' moot. to occur-log. on the Olin.‘ on o». 06W.) yholmmld. HOUR Oil‘ O0. Stock Quotations HALIFAX. Rb. M-Quotatlonsi furnished by Johnston and Word. Members o! the Montreal Stock New York Exchange AL ‘Itop. and Santa Fe Ry. ." 185 _’l5 Amt-Our 82101000. American Incom t-ive o. Cm. Pacino O0- .'............ N. Y. O60. llld Hull. Riv. RR. Montreal Stock Exchange . Abitibi ‘ ‘t3 .' Howard Smith t 8t i, Laurentlde Pulp 131'». v l ' 1 lfiltéfii‘§f."i.'i.iit;... it: vow/two? 6'4 9‘ . Asbestos Com. New Asbestos Ptd. New Brazilian ‘Fraction . .. ~ Steel Co. of Canada. . . . . .. 1B6 t... Shawinigan 94*: *4, Can Steamship Com. 34 tiarnnia. T I ‘Careful investment of Mutual Life funds has maintained a high average return for policyholders. Despite decliniu; 105 |D0mini0n Bridge sail. interest ratos the average for the previous year was almost . .. liot/t Massey Harris . . . . . .. 31%‘, maintained in tbe $l2,000,000 new investments made in. 1927. f . C . .. 111% ' l ' ' ° _ __ 55% “m” , H. A. EBBRS, Provincial Manager fir, B“! m“ ~ - -- m 13$ Kent Street Bonk Montreal I s43 Charlottetown - - P.8d. Bonk Nova Bcotio 887 ‘t .,,_-.=-¢;$ ~...< ‘a .