_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;
Z
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
'l
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
ii
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
I .
»
1
Lv
nu
5_1.
s
.f
Ni __.,, ___
f
r
¢
i
I
I One Second hand 10-20 Titan Tractor. fl
Ons second haiid Fordson Tractor.
i
i
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
~
i
i`-all