Grain lrxc 
     
    
   
   
    
     y comm 
     
     us. sou ern interuts and locals. 
     
    
   
   
    
       
     
    
   
   
    
     wmurrno m. u -(or1- 
     
     maid than 
     
    
   
   
    
     t in earl tredi toda 
     
     one oen y " y on 
     
     inni ange with 
     
     establishing new 
     
     be oi $1.8 and 1.22% 
     
     ins were scored on 
     
     lesion hau- 
     
    
   
   
    
     MI. I‘. II. M. JONES 
     
     General Msnager 
     
    
   
   
    
     MR. C. ll. B. LONGWOIITII 
     
     Chairman Advisory 
     
    
   
   
    
       
     
    
   
   
    
        
     
    
   
   
    
     MAJOR ALEX KNOX ‘ 
     
     Manager Charlottetown I 
     
     i 
     
    
   
   
    
        
     
       
     
       
     
         
     
         
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     1ND. mm" 
     
     k zrgdflgflm‘ Ngnwm: so! givceévvld- , 5'1""- N- 5- Prllimo Edwat: Island Branch 
     
     . intruded a Mrs gaintsbain  *‘—_"‘— 
     
     r '1' °" ' 1200100141 a 
     
     isaciasnge and b et. The 2300. 1*" 12 I - | 
     
     a ssueglved up ixabctionalllv  M“ g: M Annual  
     
     " 14 
     
      3'31: “m: '5' ‘tmllfi "" 32 Eastern Trust 0o 
     
     pepers. industrial: and banks were Tononm Feb M _ 04 H ° 
     
     '1 up in the iridioes. golds were oii‘ stock “total-hm - —— 10F) — 31o 
     
     T} ind utilities unchanged. Precon- - - ____ i 
     
     w deranoe oi gains was shown in the h“ d‘: ! l 
     
     l‘; tradinfl box some. ‘l0 e being Close '3 “Amp-Ax N5" pa," 14, 1945-. 
     
     ‘ 119- "'5 "Id 55 "nchlnled- 31 (a: At tiie annual meeting oi The lilart- ‘ 
     
     5 individual fluctuations were sen- 08 l-z 4o 1'4 em “us, Company held he" u, 
     
     {j "l"! I"!- ‘fg 1; duy. still further strength oi the 
     
     z m w“ M- v - w»- 1-  1.2., °°i'§."“.'3i§..';.?ii2°’t.."”ii.?i'i§'éf§...' 
     
     .- rnvestment rated industriels and 90 33 ' m. Pram“, Ho“ FE Mcoumyw 
     
     '4‘ ‘flaw n“ mo,“ new “W” M‘ '08 Ii-k PC reported‘ net earnings ior the 
     
     f‘ 1'" '“ u W“ “m” “d” ‘l’ ‘4 12 y...’ oi $15182840 This was an in- 
     
     though closing prees were ma; 06 3-4 11B crease oi an’ 157 76 ove the earn-I 
     
     the ‘"7"’ be“ level - m ‘I’ '15 in ior 194d rid was oxchieved de- 
     
     Leadership was evident in sup- 351‘: 74E lake Duiauit "Tali l? 1 3 i, wl ' h m] 
     
     t Union Carbide. up 3- 3° 107C Liimaque 7'36 1831 e nocabefwe t?“ 3,1300 0 a ' 
     
     f?» e414. Du Pont. up 11/. at m. H0 2mg“, C“ ‘,1 ti‘ ‘a5; u; F", 1 b1’ $1’ - “"1" 
     
     .. both new 1044-45 hlBhl and Dow 14 10w L..,~,,,, ' o, 1,, °f°d° ° Pr" W‘ “m” “"11"” 
     
     ~- ll, up 1% at 121i. Chrysler 14 3-4  ;- 1”" - 
     
     1 topped mo W; a] he‘ to 13 figéfll-jlflihl‘  Dividends. at the Nxuiar rote oi 
     
     ; c] It "it up B,‘ y“. ‘Home! 3,111 zgcuglxagcassa 4*” $8.00 per shore, were paid and the 
     
     C new hish. 19M 5cmqvydcbeod 2:75 2811111212 added It? “the Prgcgitdanci! 
     
     1 During the day, 1.01s issues cross- ~75 1112c Nlilliiftlc 2.15 “s5 “mm”; w ° m" “ ‘ " 
     
     i, n, 1 os $211051 12 I 
     
     E jqueédiy,tafm'  “no: ‘i6 i-i ‘agmgeo (l; The ‘character oi the service ac- 
     
     ; May o; 1940 when m, Nut, w", 3i M corded to the public has been 
     
     z weepm‘, “m; Ffgnce_ 17 i-4 L53 maintained at the usual high stand- 
     
     » ---——_ s 52 3o ard despite the diiiiculties oi per- 
     
     1‘. EDITOR’! WIFE PASSES 75 1| sormel inherent with wartime con- 
     
     ; -- 24 1'3 335 ditions. As a result oi the year's op- 
     
     ... MON-mg“, “m l4,_(cp)___yrhe M 3-8 y; eratioiis and after the normal dis- 
     
     death here yesterday oi 7-00 1,59 tribution oi expiring Trusts, the As- 
     
     Mrs. Oswald Miiyrand. 06. wiie oi If: as sets Increased by $7,118,613.39 to a 
     
     t". Oswald Mayrond, edltor-in-chieioi ' no {so total of t79.oo4.1z1.s2. constitutins 
     
     _ the Montreal nQWlplpfl-‘Lg ma, ~15 1h a new high record ior business on 
     
     771i.- iuneral service will be held m 05 the BOOK-1- 
     
     ‘ n 9m gm Fflday 1mm M,‘ 2 15 1 ml The Company's Facilities and 
     
     . Mayraiids late home (21 Perrone 3'45 L“ 5w“ 60119111116 t0 be avflilflbls to 
     
     2 Ave- Outremont). to the Church ‘57 59 3.76 the Public in all matters where 
     
     > oi St. Germain. with interment in '41 it Trust Company Service can be help- 
     
     Cote Des Nelsen cemetery. m 1.  nigh?‘ 2565921: time» ghén ('30:- 
     
     -—-~——-———-———-— L70 M _ a on: an onros 
     
     u” d“; Pnmour l M oi various kinds have created dliL 
     
     L“ , 5 g» r ficulties in private conduct oi o- 
     
      145  walrlzlgzn (l): counts which call ior-the Cdillligflb 
     
     v 33 3.4 313_qi,qvmast ‘a hdvice oi experts in business mat-l 
     
     1,35 unépgiron L36 ltuers, it lSlilillyiilfltllfiil that they are 
     
     -——-—- . 1131 waulpick c‘, 19°  ca ed nto service increas- 
     
     By April 1st house or 1.11s ‘$3,531,313 13,!‘ In referring to this, the Hon. m. 
     
     r‘ t f t n l g 38nn1>rernier 1.74 lg/gcglgidyisniréét“vlge éare 1111:1111; t: 
     
     Q n“ . ' . 6 O 8 e 1B. Dill‘ T3 DC 
     
     . f,‘ .r n“ y 1% 9-4 Bigglglggwn “f; gfiicialslflhaye, in such coigitnectlonts, 
     
     " ' ' l 30 E9“ fl .9 O l'Cl‘l Cl‘ 85S] 3110C O 
     
     p 0 1W0 N0 Clllllflll.  ldggfgfigihm 135 large numbers oi our customers, 
     
     wl-“e "AJ? c." of '55 om 3g l-glboltél warsgenggssiryvmregretiully to 
     
     11 93y h i7 report th death, cluri th year. 
     
     Guardian. ‘*4 1'3 131001556 Arithony 0s i-s 0f Hon. reiiirrdi-d w. Qinnsgn, oi 
     
     3g F,‘ isooisdn Ant  réignlcidn. Dlfrccrtlor since‘ 1921 and 
     
     ‘ 75005 nator . u 11 rmnn o t Monco Advis- 
     
     Ea‘ 06 "2' 1000 Sleiawkev 07 cry Committee slnce its lIQTCCDIlOTI. 
     
     —--  ‘s. u":- 8.". s. 111.:  1* 
     
     . en‘ O ll a 
     
     flgglgiiézmn $3414] gflgmltlafi 11:11.11] ‘All’? c.M;P:'%§h%‘r‘  
     
     l coe s k i , N15. i th 9 
     
     STOCKS AND coups » 113313;... s» 1;,- itssy." “ ' “” ‘°“"‘ “ 
     
     ‘l5 ,__ 111810" All the directors oi the company 
     
     BOUGHT - SOLD ' QUOTED   were re-elected and to their i1um- 
     
     Ask For Copy 0i OI Iebrury Oiierin; Lht 3i125jTom Lund 1Z8 $3353.‘: édgedpgolfcttheml-éonbfliéi" 
     
     4 "b11111 * nso'i.r'lia"ndi.'$vii' ' 
     
     A v 33   ore- 
     
     F. J. IREIIII I GDIPAIY lTll. iltlllrlitwfifi. 2.60 igg-n-grbgh; $35931 which h- w“ 
     
     Melbers invest-minus AIIel-ellen u olllll zmfiitgfififlfi‘ "it ' 
     
     i E. M. BAGNALIr-Manager voitlaglmitg A111“  
     
     Ill 8t. s‘ . 1410 sloolgwffitobgfl  N-Y.   
     
     y 11 1-0 
     
     , . 
     
     0U‘- Anaconde. ac 1-4 
     
     - , - Am Car and I‘ 44 l-4 
     
     . Aevuitisiiig liaise-Payable in Advance dttfitiait ti’? t“? stir.‘ "'11 
     
     ' 5iltll0sisko Bl 1" . 
     
     nun-in cum m an llvlflhllell ll can ‘weird-risk 11 Chfi‘ 5,3,3?“ Q t} 
     
     Central cumin locals. u n: word; Western and num- leeah iTotel M» 110W" E186 AlitO u“ 4o l-il 
     
     II w were; Allsolnoelsslh and lyelfl s. w m“, -——--*— Gen Motors as 3-4 
     
     lelsrwordrlu Notlsesiirparllehrl-isis 8111011111 5° 1-1 
     
     wt Floral and Splflllll orrsi-iuu. Cards. m. u per lune; m- "Q-tnfl Exgbjlgg K°““°°°“ 3“ 
     
     " esa o! Condolence 10o per Incl; Wedding engagements so weras ‘fig? 12”,“ 52 7'8 
     
     T- l" 11.00 ud l0 senile ior every‘ sddltionel I worda Notioea I u 5 3.11%., 51‘ 3-38 
     
     ' Iliaahudsppreelamllepariaoboreopsewurdurtsel -—_ ltadioCorp 181-! 
     
     an as oanls w ma. III ems-mud m: M11111“ ,1 l}, 115m reins- rei 101 1-s 
     
     , an um orp - 
     
     """'" as: so... it 11% 11%. "so  
     
     Bell Tel m“ West Union 4o 4-4 
     
     T0 Let Wanted Bnthurlt 1" “f, weds Elec 121 3-4 
     
     ro m wmy-F-r‘ "WW- ""*-"*"—-“,,,,,N 823 $5?‘ M H " “SM °’ "8 
     
     . — HE noon. WANTED r0 so! r o 4-, 1., 
     
     G t - Oelaness 
     
     ' h’; "HY llfltfid- Awly  5m condition. APPIYACPO gopher; 8am g3!,m;3% 131 11:: BANK; 
     
     . ___ . n 
     
     ' T0 I-l-‘l’ - on: runivrsun "" “M, cur; pom Buds- ” "9 Commerce is 
     
     . bed m . . “N75” “ .5“ Dom Co 1 Pfd 11 . 
     
     .-  v mm  .9121.  h»  1”"- hill m. i “ -  t'8.“.f'§%i.... s 1.: 
     
     -‘-. ——- °"°"- 3- ' ‘ Dist sew 4° "4 Royal 1s 1-4 
     
     7:‘ Help Wanted wmrsn - our CAI-BIA gens Steel s ‘Z f} 
     
     3 in good condition to ior two 1i’ =11 35 
     
     ‘- "fi"l M351... %“9..i'.‘.“°$fi§; %‘...‘?ii2°...“““‘" ‘T115111 5115"“??- <>~ , f; PRODUCE 
     
     I J. J’. Perry, B‘); 53L gflnmer.   Gen emf,‘ wme“ 555 
     
     7 side. 2-1;.“ WANTED - A nmoirsmrurs floilnvNfkel ,3 H 
     
     1 “V” “d " if: "“;';';°'-K{f,; 112.‘, oil 14 1-8 MONTREAL, Feb. 14 - (or) _ 
     
      PCPSOIIHI Shana” .' 1.15.“ Inti Pete 31% l‘: Produce ricer today reported by 
     
     _. sun-nuns I Av‘ _________-_______ __' mm h the Dom nion Department oi Ag- 
     
      fmuid rellei with our "Davis ros. use one: wmrn B C POW" u, 1,, “culture follow- 
     
     ti.» h  sit-M; ,5  “Z;..'.‘.‘&’r.,."";3‘.t'3',t $133.13 11 l" mos: Not packed idi- export 
     
     15d toilets-let. d s wan. lug?!‘ p . . 011mm g 33g is L311: 35-figw15ésA [Medium s1 
     
      mag-e- r1--~»=—°- “$315” J33’ $15 “i131 it“. t... g. :3 y; solid 1.3%.... firs? .111 
     
      ' _ _ Oan NOT d j Medium as. ' 
     
     t L0" And Pow-d . -.:.-.'..-~..s.::~.-.r"*ss<i. i...» t.‘  m.  i» i»... 
     
     7.“. u," 3 ......_____.__.-_______.._.___ Price C0111 15 BUT!‘ : Wholesale jobbinz pas- 
     
     ~" wifilfifii“? £13 " 1 d... Siiwdifii 1" 3'2"?‘ i"°"?§.i.i.€i3'3%“'. F1221" 
     
      . , u; _ u o pas e ; 
     
     ._._“ galuvlgllkPllll-llfihfltlfy lrles Mc- fiflvl, J} {,f‘,',§‘,,whf%mflmw_ s13 m»; m ' 3,‘; m, z a4 del Mtl: first grads emim. 
     
      1 eetmm. 2-15-11 town, sunimepide fir; Mblllxfllfy. g-Onlfwxm,   ggdgrlsigfidalob rllclelclgéri-Sgéifiilml 
     
     s. Male Help Wanted 52.?" i’. ' flan Dom '11“ 7 1.‘, 1m- is: on BOXES. 
     
     == u? . .. m... ' - its. .- <-'---- 11    1'2: 
     
     COO y CO O1‘ 
     
     E  ‘ " fifi Sm?“ - In z‘ Que as. white 201a roe; tviidiesdie 
     
     t‘ white and colored ior local trade 
     
     é "157", In)" n! ‘lflcn- and export western I0 il/ld-il; 
     
     Y‘ ‘ulostonm ‘ml. m‘; ‘no ‘mu vs‘. NON SCIIOOIP» colored Que 20. white 2114-21 l6 
     
    
   
   
    
     l.‘ l‘. ' For Sale . 
     
    

    
     ‘ llifisl. 
     
     um: m“, p"; 
     
    

    
       113mm "um 
     
    

    
     . ‘All - anon 
     
    

    
      - s... to i...1..'."i.‘l.'.'i 
     
    
   
   
    
     zintwlv Inward,’ 11m», 
     
    
   
   
    
       
     
        
     
    
   
   
    
     -.-3§1i1§_f5§§¥ Q5? 
     
    
   
   
    
     r4 
     
    
   
   
    
        
     
    
   
   
    
       
     
    
   
   
    
     Qirmiicr 
     
    
   
   
    
       
     
    
   
   
    
     T 
     
    
   
   
    
       
     
       
     
    
   
   
    
     strws. Answers . 
     
     .1. . ‘rrainor, WestloyaaltyL 
     
    
   
   
    
     .blackwltli. 
     
     “terrain ' ‘N’? 
     
    
   
   
    
     i-"e-male Help Wanted 5-" 
     
    
   
   
    
     iiousunrs: 
     
    
   
   
    
     i851. 
     
    
   
   
    
     240-41. 
     
     GINIRAI. 
     
    
   
   
    
     WANT!» JIIJAILI 
     
     meld in quiet iamily oi three. 
     
    
   
   
    
     plrtioilllrl ite (Hrs) F. B. M’ 
     
     lining. I“  Street. Hali- 
     
     “le l. l-ill-ll 
     
    
   
   
    
     Primary INN-1- 
     
    
   
   
    
     wuq-"n _ wiry Elizabeth Murphy: s. Billy 
     
     It ionsworth st. Phone cfflwa’ 3_,_ Donn. “nun; m 
     
     . itussellMcQusid: 3. rraneesdrane. 
     
    
   
   
    
       
     
    
   
   
    
     39pm ior month oi January. 
     
     Grade 5~i. Kenneth Murphy; l. 
     
    
   
   
    
     “on; 3. Jackie Doherty. 
     
     $.31‘ kl. Edythe MeoRae: 2. 
     
    
   
   
    
     Gra 
     
     Qrgdg 2-1. Earl Cra 
     
    
   
   
    
       
     
       
     
    
   
   
    
     ior local trade. 
     
    

    
     Receipts: 38 boxes. 
     
     POTATOES: 75 1b begs locsl No. 
     
     150-150; No 2 1.20-1.25: No lQue 
     
     N.B. LN-LOO; P. E. I. 
     
    
   
   
    
     ‘SaEdleD-Idrn-ser; 2. 
     
     Muriel Henry; . Glen Ross (ab- 
     
    
   
   
    
     sent). 
     
     Perfect attendance: Mary Eliza- 
     
     beth Murphy. Arnold Henry. Billy 
     
    
   
   
    
       
     
              
     
    
   
   
    
         
     
    
   
   
    
     ns. 
     
     Qriide i (A)-1. William Dober- 
     
    
   
   
    
     ‘gmi. I (B)—1. Helen Murphy. 
     
    
   
   
    
     ands i (Cl-l. Irancis vecasy. 
     
    
   
   
    
     Crane“ Russell McQuaidJ Francis 
     
    

    
     Crane‘. 
     
    

    
     Higlmt nvera e: Iari Crane, 91%. 
     
     Teacher ne l. Pumas. 
     
    
   
   
    
     .1111 CHARWIEIQWN 'GU_/§R1>IAN.. 
     
      TRUST COMPANY 
     
    
   
   
    
       
     
    
   
   
    
     FIFTY-SECOND ANNUAL REPORT 
     
    
   
   
    
     -I-'or The Year 1944 
     
    
   
   
    
     FIFTY -SECOND ANNUAL 
     
     REPORT 
     
    
   
   
    
     or TIE 
     
     BOARD 0F DIRECTORS 
     
     For the Year Ended 
     
    
   
   
    
     31st December, 1944 
     
    
   
   
    
     To the Shsrehoiders. 
     
    

    
     Your Directors submit here- 
     
     yviih the Financial Statement oi 
     
     your Company ior the year 
     
     ended 30th December, 1944. 
     
    

    
     The Net Earnings have 
     
     amounted to $151,828.40. Earn- 
     
     ings having increased. Taxes too 
     
     arc up $3,000 at $55,000 divi- 
     
     dends, at the regular rate oi 
     
     $0.00, were paid. and the balance 
     
     was added to the Profit and Loss 
     
     Account, which now stands at 
     
     $2?l.05l.72. 
     
    

    
     T“c character oi service ac- 
     
     cu‘; ed to the public, despite the 
     
     difiiculties oi’ personnel inherent 
     
     to ‘war conditions, has been 
     
     liliiiilliilfiQd at the usual high 
     
     --s:;.-nd:1rd and. as a result oi the 
     
     yezn-‘s operations and alter the 
     
     normal distribution oi expiring 
     
     'I‘_ru=.ts, the total Assets increased 
     
     by $7,118,673.39 during the ear 
     
     to a total oi $79,604,72l.42, w icl-i 
     
     constitutes a new high record o! 
     
     business on thy books, 
     
    

    
     The sum oi $8,000.00 wu writ- 
     
     ten ofl’ the account Oflice Prem- 
     
     ises, Vaults and Safe Deposit 
     
     Boxes, and the expenditure on 
     
     Oiiice Fixtures oi $2,031.65 has 
     
     been written out, in its entirety. 
     
     An amount oi‘ $3,248.50 was used 
     
     ior writing down various Capital 
     
     Account Assets. 
     
    

    
     Real Estritc held ior Bale is 
     
     now carried on the books at the 
     
     nominal iigurc oi $1.00. The 
     
     ltiortgage Investments o! the 
     
     Company, amounting to $507,- 
     
     404.18 in value, have continued 
     
     i0 be administered carefully, 
     
     With due regard to assisting the 
     
     borrowers as iar as possible in 
     
     all cases oi adversity. In,nny 
     
     event oi arrears oi interest arising 
     
     on Company Mortgages they, oi 
     
     course, are not taken into Earn- 
     
     ings. All Mortgages are under 
     
     constant inspection by a Com- 
     
     mittee o! the Board appointed 
     
     ior that purpose. 
     
    

    
     The Operations and Records 
     
     oi the Company were subjected 
     
     to the usual examination by the 
     
     Inspectin Oiiicials oi the Do- 
     
     minion overnment md other 
     
     jurisdictions and by the inspec- 
     
     tion Committee ci your Board. 
     
     All items oi the Company's 
     
     assets were examined by our own 
     
     inspection Staii andAuditors, 
     
     and the Certificate oi the letter 
     
     is allied to the Re rt. _ 
     
    

    
     The Company's aciiiiiss and 
     
     Stat! coniinu to be available to 
     
     the Public in all matters where 
     
     Trust Company ice can be 
     
     helpful. That they are being 
     
     called into service increasingly 
     
     ll only natural at the resent 
     
     time, when Government oguia- 
     
     iiona and Controls oi various 
     
     kinds have created difleulties in 
     
     private conduct oi accounts 
     
     which coll ior the constant 
     
     advice oi experts in business 
     
     matters. We are happy to be 
     
     able to state that our trained 
     
     oiilcials have in such connections 
     
     been able to render assistance to 
     
    

    
     rge ‘ oi our f‘ ‘ 
     
     both large and small. 
     
    

    
     The Company ll daring a 
     
     very helpful and useiul service 
     
     in this roger‘ ior a growing 
     
     number oi tales, Trusts and 
     
     lvln] Agencies and other 
     
     similar slain, where the advice 
     
     and assistance oi an “enced 
     
     administrator and sdvfier i: o! 
     
     great value. 
     
    

    
     With proiound sorrow your 
     
     Directors record the deaii oi 
     
    
   
   
    
     th 
     
    

    
     iord W. Robinson, o! Moncton, 
     
     Director since 102i and Chair- 
     
     man o! the Monoton A ' y 
     
     Committee airice its creation. 
     
     The counsels oi Senator Robin- 
     
     son were always wise and timely 
     
     and oi great value to the Com- 
     
     pany. Mr. Walter U. Appleton 
     
     has been appointed C‘ ' In oi, 
     
     and Mr. C. M. P. Fisher, oi 
     
     Siickville, N.B., has joined the 
     
     Moncton Committee, 
     
    

    
     Your Directors wish to express 
     
     their a preclation oi the loyal 
     
     and cient service which the 
     
     members oi the Staii continue 
     
     to render in the discharge oi 
     
     their duties. While the absence 
     
     oi many key member oi the 
     
     Staii on War Service has entailed 
     
     heavier duties on the rest, and 
     
     the matter oi replacements con- 
     
     tinuea to ba s diiiicult problem. 
     
     your Directors are glad to he 
     
     able to report that all this. so 
     
     far. has been arran ed without 
     
     prejudice to the hig quality oi 
     
     the service rendered to the 
     
     Public by the Company's or- 
     
     "i'=1“1"i.. . 
     
    

    
     t as Comps»: the 
     
     position where your Directors 
     
     consider that the beginning oi 
     
     a Svtaii Pension Fund can be 
     
     made. To that end they recom- 
     
     mend that an amount oi $5,000 
     
     be ‘provided from the earnings 
     
     oi e post ear. 
     
    

    
     Respectiu submitted ea be- 
     
     hali oi the oard. 
     
    

    
     I‘. I. McCURDY. Resident. 
     
     iialiisx, Nova Scotla, 
     
    

    
     31st January, i945. 
     
    
   
   
    
       
     
    
   
   
    
     P IDIIH‘ 
     
     Hon. I‘. rMCCurQ, LC. 
     
    
   
   
    
     i“. deified. 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     Presented to the shareholders at the Ann Z\ ' ‘ 
     
    

    
     14th, the Annual Report oi The Eastern Tilist/Ieégirrxigazyldrxesgms-tg 
     
     further progress in the Company's affairs during 1944. ‘Despite heavy 
     
     taxation and other diiilculties imposed by wartime conditions net earn; 
     
     ings amounted to $151,828.40. This represents an increase $1 $9,256.70 
     
     over the profits made during the preceding year. 
     
    
   
   
    
     A notable increase was also made in the amount oi Estates hurts 
     
     and Aizencies under the Company's administration, which now stand; n 
     
     $68,745,029.05. This is $5,447,934.43 greater than in 1943, and is gratifying 
     
     evidence oi the confidence placed in our Company by intending geggagorg 
     
    
   
   
    
     Again a favorable balance was carried over to Profit and Loss the 
     
     :°h£ilO1l1I]illi° xeingng2igf5li7fimoTgigo’Rescrve Fund was increased by $60,000, its 
     
    
   
   
    
     We ere pleased to be ebis to present s statement which 1mm“ n 
     
     strongly to the soundness oi our strong mzmaqerrent policy. Never before 
     
     lies aid and advice in Estate Management 12cm '14- lfllbffllvnl: a: it is today 
     
     . . . and we ofier our services and facilities with iull l confidence to those 
     
     requiring Trust Company Service in any of its branches. 
     
    
   
   
    
       
     
         
     
    
   
   
    
        
     
    
   
   
    
       
     
    
   
   
    
     ..  perms m 
     
     p Paid..00. .00 D-‘Jag. 
     
     Reserve Fund“ 400,000.00 "Z]l‘f)nlVllii'ilUC‘i- 
     
     Proiit and Lona Md my," 
     
     Account  £091.72 i h’; H“; 559,545,,“ 
     
     Provision nsulmt 1 z-"i "  ss,51o.oo 
     
     Liability ior y; y, 51M)" 
     
     Taxes . . . , . . ,. 10,510.78 _- Q-q-is  I 12 - 
     
     Dividend No. saggy; 
     
     175 dus Jan. 
     
     2 i945 . . . . .. l0,000.00 
     
     ‘LHQIO 
     
     1.00 
     
     74,000.00 
     
     to‘ 
     
     and Agencies . 111N000 
     
     Cash in Bank 
     
     and on Hand 111807.10 
     
     $1,524,362.50 ———— -——— 1554,3615! 
     
     DEPOSIT FOR 
     
     INVESTMENT,’ 
     
     GUARANTEED: 
     
     Dominion, Prov- 
     
     incial, Munici- 
     
     pal, and other 
     
     onds . . . . . .1 6,818,355.38 
     
     Mortgages . . . . . . 75.09 ‘ 
     
     Loans on Stocks 
     
     lndBonds  LMLOBAI 
     
     Accrued lntsrclt 1 
     
     on Mortgagea ' ' 
     
     E0511‘ FOR and Bonds .. MJMJI 
     
     RTVESTMENT Cash in Bars)! 509mm 
     
     ANTEED 9,335,329.87 . d H . . - 
     
     w“ _ __._._-_ 9,335,329.07 m c“ an -——- 11.111.129.11 
     
     ESTATES. TBUQII 
     
     D AGENCIES 
     
     tacks and 
     
     Ben . . . . .  
     
     Mortgages  . . - 
     
     Savings Bank 232.3111‘! 
     
     Loans on Stoc 
     
     and gondésm 1943'” 
     
     ESTATES, TRUSTS C h 
     
     AND AGENCIES: Hasnd on Hand 1.890.000! 
     
     Estates, Trusts Real Estate and 
     
     and Altncies illfldggvgxfieg .-  
     
     under Admin- ‘- ' ‘T 
     
     - ' g , . . . . ,. 4685,7489 
     
     istration . . . . .. 68.745.0M.05 MI74EYO2QIO5 V111" “K745112905 
     
     "manning " fl9,904,721.fl 
     
     5i 
     
     RESERVE FUND 
     
     1m 1944 ' 
     
     _ .1 . 2 11 Bin . . . . . . .3 ssoooooo 
     
     Dec. 30 To Ialanca . . . . . . . .8 400,000 00 D212‘ 30 By Gig érlnnslened 
     
     irom Real Estate Account 50,000.11) 
     
     3 400000.00 
     
     s 400,o_o0.0o  z By Balance t 400.000.1111 
     
     a. 
     
     PROFIT AND L088 ACCOUNT 
     
     QM; - _ B Bl December 
     
     T. 17 “r Pxvldffi‘... 00,000.00 m“ y 31:21:12? . . . . . . . . . . .4 27,508.47 
     
     ~ Quarterly Dividend No. " Ncrcarninss after de- 
     
     115 declared and due duciind charm 91 
     
     January 2, 1945  30,000.00 . ziaement. Audi- 
     
     " ce Fixtures written 0R 2,081.65 11nd Dlrecm" 
     
     " ce Premises written and all other 
     
     gown.“ V _ _ _ , _ _ _ _ , , _ _ ,, 0,000.00 expenses . . . . . . . . .. WILDIIAO 
     
     " Assets written down .. 8,240.50 
     
     " Provision ior Taxes  55.099199 
     
     “ Transferred to Stall Pen- ii 
     
     sion Fund . . . . . . . . .. . 5,000.00 g 17939131 
     
     " Balance . . . . . . . . . . . . . . . . .. 28.05132 
     
     i —-—-- 1945 
     
     Q 179,331.87 Jan.i By Balance . . . , . . . I)‘ 28,051.72 
     
     i 
     
    
   
   
    
     We eertiiy that the ioregoing statement is correct and shows truly and clearly "19 1111811- 
     
     elal condition oi the Company's aiiairs. _ 
     
     Sgd. F. B. iVicCURDY. President 
     
    
   
   
    
     Sgd. T, F. TOBIN. Vice-President 
     
     Sgd. F‘. ll, I\I. JONES, General Manager 
     
    
   
   
    
     A UDITORS ’ CER TIF I CA TE 
     
    
   
   
    
     To the Shareholders oi 
     
     THE EASTERN TRUST COMPANY: _ 
     
     We have examined the Books and Account: oi The Eastern Trust Company at its 
     
     Head Oiiice, Haliiax, and at the Charlottetown, Aiiincton 11nd Montreal Branches and 
     
     us been iumizéied with the local Audi tors’ Rcymvs cn Saint John, NIB. and St. John's, 
     
     ild., Branches. and have accepted the Certificate oi the _C 111801301’ 1" h" 
     
     audit oi the Toronto branch. We have veriiied the Securities at the Heed Offlce and 
     
     at the Charlottetown, Moncton and Montreal riches _ni the Company and ior the 
     
     other Branches have accepted the local Auditors’ \ criiicziiion Reports. and that oi ilhe 
     
     Company's Inspector ior Toronto Brunch. We have 11151» accepted thc Report oi t e 
     
     inspection Committee oi the Board in respect tn Ainrigngcs and Real Property held. 
     
     e have been furnished with all the information and Qlnlnnzitlons we have requir- 
     
     ed, and in our opinion the Balance Sheet oi 31st December, i944. submitted herewith. 
     
     i; properl drawn up so es to exhibit a iriie nnd correct VlCw oi the state oi the Coin- 
     
     psn '5 airs at 31st December, i944, recording to the best oi our inionnotion and 
     
     exp nnations given to us and as shown by the bvflkioigrégtiofivfgllofllljryfi k Co" 
     
     lhlilll- Nova Scotia. 
     
    
   
   
    
        
     
    
   
   
    
     F‘ 
     
    
   
   
    
     Chartered Accounhnts. 
     
    
   
   
    
     at January, 104s Audflw- 
     
     BOARD OF DIRECTORS 
     
     _ VICE-PRESIDENTS 
     
     r. r. Tobin, sq, KC. r. e. MAR-it, so. 
     
     .v. ltlailélogirrgylfslsq,  1110.11‘. v5.1 o. Ross 
     
     gfnil" ilcggilgiiigqsli. ' ' n1 c, §i1l§léi§sq' ice. 
     
    
   
   
    
     . . 
     
     Alex, J. Cam ell, lsq. KI. 
     
     In 
     
    
   
   
    
     Alvin L. C pin 
     
     Alba’! I. 
     
    
   
   
    
     J. C, MacKeen, Esq C. B. Smith, Esq, .6. 
     
    
   
   
    
     J Hemnin I John MlcNeil, rsqjicck n M kc.  Stlllll- Esq- 
     
     . . Gil. . l1 3° 3Y- ‘q- 
     
     SAINT JOHN, NB. ADV/ISO}?! BOARD MONCTON ADVISORY BOARD 
     
     l‘. P, Starr, hsqr-Chginnm W. U. Appleton, Esq-Chairman 
     
     ‘i’. l. ltstebroolrs. J. O. Harrison. Dr. W. W. White John L. MacDonald, Esq. l-ion. A. J. Leger, K.C. 
     
    
   
   
    
     O.C.MAvly . 1i 1i k Esq. 
     
     nswigoourlimo ADVIgDRY i§o'xiip 
     
     Hon. I‘. McNamara-Chairmen 
     
    
   
   
    
     Ion. I. l. Monroe 
     
    
   
   
    
     MONTREAL BOARD 
     
     Henry J. Home, Esq, KC-Cheirman 
     
     D. H. McDougag. lsq. 
     
     Hugh Msclray, sq. 
     
    
   
   
    
     A Kirk Cameron, Esq. 
     
     Albert S. Fraser, In. 
     
    
   
   
    
     Andrew H. Murray, lsq. 
     
    
   
   
    
     Ralph W. l-lewson. Esq, B.C.L, C, M. P. Fisher.  
     
     PRINCE EDWARD ISLAND ADVISQRY BOA 
     
     C H. B. Longworlh, Esq-Chairmen 
     
     Esq. Alfred Pickard. laq. 
     
     Robert L. Cotton, Fsq. 
     
     TORONTO BOARD 
     
     Hon. W. D, Ross, Rosidrnt Director 
     
     HEAD OFFICE-Rollin. N.S. 
     
     I. H. M. Jones-General Manager 
     
    
   
   
    
     M, L. ni-ddsiidw. 
     
    
   
   
    
       
     
    
   
   
    
        
     
    
   
   
    
     The Eastern Trust Gompan 
     
    
   
   
    
     f.