We saw a coby of the creditors’ list a month ago but we kept it a secret. This divulges confis | ‘|dential information and is em- barrassing to clients.” , Market men and corporations \said errors in the lists could lead to a Joss of business and , |customer confidence. | The complete list of credit- _|ors, however, likely will . be made public when an Ontario royal commission into Atlantic begins hearings late this year ‘or early next year. Atlantic ™ and Montreal Trust said the j\firm was $32,000,000 short of meeting its obligations. Three companies are bidding for Atlantic's consumer finance | business: ° General Corp. of Allentown, Pa., Laur- couver and Tri-State Accept- ance Co. Ltd. of Winnipeg. One company caught up in|! |the Atlantic problems, British |Mortgage and Trust Co. of | | Stratford, Ont., .received some ;good news last week. It found | ‘out that no loss is likely on the | $3,000,000 in. mortgages it holds | /on Belfield Investments Lid. ‘Property. Torénto-based Belfield had its assets taken over by creditors ‘last year, but now is apparently ‘making ends meet. ‘- British Mortgage | more than $1,000,000 on its in- | | vestment_in Atlantic _ Accept- ance stock. It was also a large | BULLFIGHTER TO BACKCOMING A bullfighter turned hair. stylist uses A model to demon- strate something of each art sion ta be one the world’s top hair stylists! Toronto. Raphael, once a bull- fighter in Spain, Is now const- nances were in such poor shape | went into receivership June 17) Acceptance | entide Financial Corp. of Van. | Oe holder of Atlantic notes. Its fi. | | The Guardian, Charlottetown, Mon. Ang. 80, 1965. 1! $10 Million Commercial Complex Planned For Heart Of St. John’s By DAVE BUTLER ST. JOHN'S, Nfld. (CP)—A 10-acre site in the heart of this old port city is to be built into a $10,000,000 commercial com- plex being billed by the de- velopers as ‘‘one of the great- est ‘shopping facilities in East- ern Canada." e The big development, ex- pected to start in early fall, comes after two years of prep- aration of the land by’ the St. John's city council. The 10 acres were’ almost completely cov- ered by run - down tenements and near-slums. Today, it is a vast, cleared area waiting for the improvements. Dominating\ the development will be an. ultra-modern shop‘ 3 ping centre fronting 900 feet on a new six-lane boulevard and offering 375,000 square feet. of floor space to more than # stores The split - level, storey centre will have parking facili- ties on the roof for 1,165 cars. The developers say the big building will be based on an en- closed mal! and promenade. Near the shopping centre will be a seven-storey office build- ing offering 125,000 square feet of office space. ‘It will’ be St. John’s first high - rise office building. It will he’ set on a plaza and have parking facill- ties in the basement. A pair of high-speed elevators are to be located building. HOTEL INCLUDED two - tions and banquets. main dining hall. ers see it as a tion to the tourist trade.” Preference and priority is by the new complex. taken by the St. John's mercial Company Limited, new company hacked by the centre of the Rounding out the development will be a 125-room hotel espe- cially built to handle large ac- commodations such as conven- “the city Council to borrow up It will ac- to commodate 1,000 persons in its land The develop- tions with 140 families and 3 “major attrac- shop owners in the spring of to passed — provided be given local business men in, Compensation to a family unit locating in any facilitites offered which is dispossessed The project is being under- Com- leased to the. St. a mercial Co. Ltd for a period of Mont- real interests which has been used for commercial develop- f 2’. fegotiating with the & John's council for more than two years. Final agreement on the building of the complex was made in January this year Contracts for construction of all the development have been awarded to Seaboard Construc- tion Ltd. of St. John’s and‘a spokesman for the company said actual work is expected to start about a month after all drawings of the approved build- ings have been completed by the Montreal firm of shopping centre consultants Aid came from the New- foundiand legislature in the form of a bill which allowed $2,000,000 to acquire the Council started negotia- 1964 further legislation for adequate and LEASED FOR 75 YEARS The 10-acre site has now been John's Com- 75 vears by the council to be 7 . ? mest enly. After the = = iod the land reverts council. * The new development will de more than offer modern fect ties for business, now becoming crowded in the downtown area of this city of 80,000. It will eliminate one of the oldest resi ‘dential sections of the city which had degenerated over the past 30 years to the point where it was one of the greatest headaches of local authorities. Homes, which have now bees razed, were a continual fire threat and water and sewage facilities were inadequate, Crime rate in the area was higher than in any other see- tion. of the city. Many of dilapidated frame homes were overcrowded and sanita tiow standards were low. oe ees ececccecceeeeee® ¢ Stocks — Bonds j 3 ROYAL SECURITIES ; : Cerporation Ltd. ° 137 Grafton St. Ch’tews 3 : Telephone: 4-8583 = $ Alex M Wilson, Mgr. —¢ oeeeces+<: SS BUSINESS SERVICE DIRECTORY Goods and Service... Where to find them in Charlottetown and District t a hair stylists’ seminar im dered by others in his profes- (CP Wirepboto) (that the Ontario government : oo ie ee mepoet ia with a $3,000,000 | RESTAURANTS IBUYING - SELLING (REAL ESTATE AUTOMOTIVE | PHOTOGRAPHERS | Stand-by Joan to assure that the’ ’ j : company could meet its obliga- | WANTED x Failure Of Atlantic Corp. i | LOTUS CAFE | ~—ALe porttes’ | "*™raond cians | MUFFLER CENTRE HAND PAINTED was also revealed last omplete Exhaust ems i, Delicious Chinese-Canadian : J. W. MacKENZIE Sales . or that four other compan: | . Wand We per dozes Free Installation ISLAND SCENES ies, eh aivestments Lid., As! aie conditioned Dining Room PHONE Real Estate Consultant . . U rts arge Ma PKG eats often, Sattings | rake-out Order 4910 4-8595 Aric Queen street = | At OK TIRE STORE | “@ Roll film in color and , ceptance tid gcd duaen 2 73 Queen St. Ch'town | are charigtetown | St Peters Road Dial 892-2360 black and white - | . ae : ae : une ing Corp., owe British Mort-| eee ——|B B tt] E h | ember an ahemeomne By GORDON GRANT | Initial result of the Atlantic,;into bankruptcy because they ’ — eer bottie ~xchange: @ Daily service on Canadian Press Staff Writer failure on the short-term eat to | A Te meet demand ene poten nage agosto — SEWING SERVICE Drop your beer hotties - TIRE SERVICE processing black and fail of Atlantic Ac- market was to tighten credit to) A Toronto newspaper then pa nveuny : . . ire § white film. omc to meet certain such an extent that some Joan | published a list of Atlantic's | The isle of Brities Mort- Necchi Sewing MAURICE BLOCK GEORGE PEAKE $ Conclte. Farm Tire short-term debts in mid-June companies curtailed their lend- creditors that included such! ‘fame ae ie te = Ganteas Ce) is LIMITED eaeuta For all photographie hurt small companies and giant ing. business giants as the Royal ported to shareholders Sept. 14/ en : Kent Street. vervice. . needs call on corporations alike Then a number of firms went fees St a ve oe |at a meeting called to consider | Sales & Service 2c Per Dozen Renae @ Wheel Alignment ty on a__merger with Victoria and! Quick-Servie / di to all makes of sew- rvice NOTICES 7 NOTICES er err cg iret oa oo Racing wacom Ces DRUGS | 2 QUEEN steer | O-K. TIRE STORE | Meyer's Studio ne Gamble. |REPORT EXPECTED and floor polishers * ‘ Dial 894-4912 128 Richmond St. ~Montreal Trust Co,, manager| Elsewhe the b | 125 Kent St. 202 Water § St. : see Charlottetewn AUCTION SALE -| and- receiver of Atlantic,-said lecene;- Gunnar Mining dis Ch'town, 48272 _S'side 6-549 LARTER’S — Tel 804-0012 - : the list contained some errors. |expected to give a financial re-| Montague O'Leary DRUG SUNDRIES Ss. W. WILLIS ROBINSON’S STATION BORDEN Money market experts whose port to shareholders this week. | Data (Hal Larter, Prop.) : . Specialists -in . generators, ‘al- Serving P.E.L. M a han! ment fot compere The any ‘ construction | PAINTERS Complete line of REALTOR - CONSULTANT | ternators, starters, wipers, car- es le 2 jarm, McNamara is hav- 7 . buretor cleaning. | TUESDAY, AUG. 31st 1:30 P. a ene — eel oad | |ing financial troubles” and Gen 2 a. Neal oe 105 icant St. Ch'town. | DRIVE-IN . names oredi shoul nar m tell \ ° i Furnishings of entire home in part as follows: made’ public. how rag the pesca inoaineg teat ‘ Robert MacInnis Sandwiches and Coffee Bar ~ Appraisals s.crtgages Telephones. 40082, £774 EAT OFTEN : Oil range; space heater; kitchen chairs; sewing | One dealer said: “This 1s; While the business commun: eee Phone 892-2532 Insurance BELL'S TEXACO machine; sideboard; cupboard ; electric washer; privileged information, it's not ity is embroiled in bankrupt- Interior - Pocket = vee Orliveny 165 Queen St. At ‘The Frigidaire; tables; set dishes; 2 beds, springs and _for- the public.” ~ cies ‘and ‘financial problems, P ag a BO eles . DIAL 894-7242 General Repai-s 4& Tune-up mattresses; 2 bureaus; clock: hedding, linen, pil- | THEY'RE EMBARRASSED |the number, oor a 78 Dotigias ‘Street 45 ELM -AVE. ’ te Service Calls A & W Drive-In M 1 White of Midland-Os- in July : 2 | 9 veer lows; pots, pans; assorted dishes etc.. etc. 2 ee oo Midla Only 130 companies went ee Tel: 2-2526 | MONUMENTS 222 Queen St. Ch’town star ae 1. Ww d os st_monthly _fig- aa ——-—-pPial- 894-494 : > ee . : Perms cash. — @ are very disappointed. ure. since December, 196" “BUSINESS ; MACHINES — “MONUMENTS ae Pa i aa It’s the only place RUSSELL-BELL, -—-&-C--BELL;-—— : iabilities —the doomed == =o Of “Distinction —— ~~ > Auto Salvage >| can buy “Chubb: Auctioneer. Vital Statistics companies totalled | $8532.00 = R. C, KEENAN c “Granite and Marble 3 Chicken” Owner. reonspared with $12,596,000 in. Burroughs Business Machines | also Cemetery ‘Lettering oa — cae sad ; ; : q th : : ae us for auto i “ If dav unfit, gale first fine day following.. | CARD OF THANKS Bley ik a ti Seed Royal Type Writers | -CURRIE BROS, FOR . ‘Supplies “Look for the Bright lial tidal | Sales and Service Malpeque Road, REAL ESTATE Orange Building” : eee See Typewriters For Rent | | “Chitown 4-231 ; och | Finley MacKinnon . sits had stale a the P ei Eile, tn A company far from bank- 100 Fitzroy St. Dial +9628 wee pari e eee __-' 90 Kent St. ._Ch'town. es e ey ve NH i : AUCTION SALE How the excellant“ care Se eEE cottad fata calenis "third |= : Sie ae -- HOME FURNISHING z ae a 894-8115 | FUEL OILS | shown me while a patient there My es in ie ir i T ae alee ee ie. lovely | quarter, but lower earnings for | BOILER , REPAIRING HOME FOOD FREEZERS | ARTHUR H. ROPER WOOD’s FUELS At Harrington (Brackley Pt. Road) | On Friday, Sept. 3rd at 2 o'clock Stock: 15 choice milch cows (Holstein) ; 1 heifer bred; 1 yr. old heifer; 3 heifer calves (some reg- mind the first nine months. The com- pany expects to make about ing my illness. [een ae this year, the same Hyatt Haslam, Fredericton. PET. as in 1964, IN MEMORIAM — 3 : | FIND LOCH | RADIOACTIVE | friends ‘and clergy who visited and for other kindnesses shown me dur- TAYLOR — In loving memory of Rich BOILER REPAIRING | Certified Electric Welding and | REFRIGERATORS and Sons Ltd. FIRESTONE Home & Auto’ Where Friends and Sales STANLEY MOL Ben_Livingston All sizes_New and_used.__ __REAL ESTATE LTD, ‘waite. Ch'town 43278 Minor repairs 2 Elm Ave. Goodyear tires and a full line | Of accessories. | MARSHFIELD SERVICE STATION | —On-St--Peters-Road+|~ Marshfield General Repairs } Qualified Mechanic istered) ; 3000 bales of hay; 1 milker 2 ‘units; 6 | ard Raymond Taylor who passed away LONDON (AP)—The ° British , 187 Gt. George Street A Mad : st 28th, 1! 68 Kensington Rd. Tel. 4-7127: re Made erms Cash, TOE ei a_wite, Ra at a join ritish; survey = omen +? I wher? Auctioneer: ‘solki In memory of our baby has found the wills fecal 2 GLASS FUMIGATING _ ~ 28 Gt. George St. ¥ ZEln wilde inet etn ee ae --Loch.. ee ‘ iiiciciaiiidaaaia tide oe seedy N See Nicreerceeerenenee eres eects Ree mun ae ae slightly ota eouens Setntae at oft caper —= = “Furnic ating © —— on at = = 3 : brothers and sisters. ped gone of ttomie = pow- g g 2e e | arlottetown, P.E.I. er Merican Polaris ibma- ae i ee Ieee Sac ah sc Hhes heise ald tat on ales oem = oe AUCTION SALE | "St et igton“aie-Srameelecoiant dicharys trem ie | en ee ee oe mee SaaiCe ee [Nor wil you ever bee ‘mariners, reector pla tact | Island Fumigatin a TANK SER 135 Fitzroy Street (opp. Eaton's) "H's te tnt memory nt | Below the danger point sel pres | canine a Tuesday August 3 | st 2 P, M. | Always remembered and sadly missed Cautons would be taken to pre When ~ and -where you | 7 eae 3 ae ' as | by Phyllis and Kay ‘vent d t 121 Pownal St. Ch'tewn | : Household articles: Mahogany bed, chair, NOTICES NONGES a pase se eee Dial 496 24 | Flagstones table, one antique sofa, dressers, diningroom Ch dl Bros, » BEAUTY PA — ISLAND BRIKCRETE © table, rugs, frigidaire, also an assortment of anaier br s. | 140 North River Rosd ST oak i aad te ee MATERNAL AND CHILD Ltd. PHYLLIS | Sale will eld a ck entrance; if raining - Beauty Salon sale will be held inside Owner . Auctioneer Mrs. Lewis Turner Claude Craswell __Independent Cleaning Services Limited : j sor _-All_modern-Equipment...Wash walls and. ceilings.._|- Strip; seal aftd-re-wax floors, and janitorial - HEALTH CLASSES - new series begins: at: ~ SUMMERSIDE HEALTH. CENTRE 1 Plywood Place Tel. 4-6557 New Summer Hours Monday to Friday 9AM. to5 P.M - Septic tank and field tile installations and repairs. 205 Linden Avenue | Wednesday, September 1, 1965 7.00 P. M. Department of Health services. Telephone 2-2747—R. Robison 12 Alexander Drive, ee eo i> espana Sonmaniauaiiigaiat danas ANNUAL MEETING. ~The postponed annual meeting of the Kinkora Regional High School will” be held in the school— Septic Tank Pumping SERVICES Whitlock Tire Service | B. F. Goodrich and Goodyear | Tires Our Slogan. « “WE FIX FLATS” < 138 Kent ’ , Phone 894-6112 * MacDonald-Rowe > Woodworki ng —€o- ttd-— Manufacturers: Doors - Frames We Specialize in All Building Sashes | Supplies Ph. Crapaud- 42-34} $$ Garden City Butier, 2 Ibs. 99¢ | | i ry Ut TP - THOMSON TRANSFER <-| Tuesday and Thursday West Royalty _ Dial rn Evenings t: FSR did, POLEY Tel: 4.9757 SEPTIC TANK AND ~ TRANSFER FIELD TILE INSTALLATION ~-65-Richmond St. ~ Gala Beauty Shop @: ~TRENCHING —- Phone 4-9914 105: Kent st. Darcewr~- | © BACK BOEING “Tops in Efficient, @ SEPTIC TANKS CLEANED. Courteous ‘Service. " Complete Beauty Service Reasonable Rates aeons ban aa 30, also @-FREE ESTIMATES illiterate See nian] TM an a ts. 9 > GROCERIES | Mrs ‘Wilma Spencer. wae F FOY ght TANR : : | and operator. A von: SE ; | gusmend s Grochly (imitate a: m -3 ~ SPECIALS '\CONTRACTORS Murray River AUCTION SALE 1 = pkg. tea with 15 tea MacLEAN and SON Sanitation Service +I be good to office. ott ip Flectrical Contractors ae 225 At Dunstaffnage WEDNESDAY, SEPTEMBER ist | Domestic shortening 2 or | @ Flectrical Contra ee you ! | Goons a i : 5 j eee “ape Pop—to take Oe sass 10¢ | ® G. FE. & Sunbeam Book ord f hool t 1 ; a On Wednesday, Sept. Ist at 2.0'clock At 8:30 p.m. = . oe ~~ i dems during vacation | ae son Seen tal USE Stock; 6—114 to 2 yr. old steers; 3 steers 6 mos. : ELARDS Fedlesom: - ais aia Os oa omeee Soy oo ee our) c - vo a —————_ expert servicemen recondi-| old; 1 heifer 2 21 yr. old (fresh). NOTICE RE ZONING Meet your friends at: Charlottetown | POULTRY liek denen ee ge ‘LASSIFIED | ~ Terms cash. is = Mr. Cue Billiards PET GROOMING © LARGE FRESH service is guaranteed! vine Owner: . uctioneer: 7 ' A - We service all types of 2 T-A STANLEY FOSTER, . CLAUDE CRASWELL, CITY OF ‘CHARLOTTETOWN _ a . age ATTENTION - CHICKEN ponens o DS . — * dies luvited ! ; : The Master Plan fot the City of Charlotte. Instruction. Given. Oe SVNERS (tee oe Soni | HOLMAN’S THE WANTED “ town, establishing and regulating-restricted-build- | - : posdies «Banal KINLOCK BRAND For good grades of scrap material delivered to our yard on ing. areas and ee approved and adopted in + |: 894 8 | 18 An Island Product . | For Service As You Like It! , 7 Kent Sell, we ore paying the following prices: : principle by the City Council, may be seen in the | el: . DIAL 4-6525 | MARKET PLACE IRON & ere. SCRAP’ $12. per ton window of the Maritime Electric Co. Limited at ~ READ —- ----—-- oe HEAVY COPPER ........ecssssssseessecvsees- 19 ct, per Ib. | 139 Grafton Street. , _ PLUMBING READ = CONDITIONING LIGHT COPPER occicusssccccesvicssvetecrss 17 cts. per Ib. z ah : — _ : WED ORE bisa eden 16 ct Ib. |- Representations regarding same may be filed 4 wet McCLARY- EASY 2 OUR - YELLOW BRASS E uissatcbiiisieixensssiiaeusn 13 cts, oer Ib. in writing at the office of the undersigned on or THE CLASSIFIEDS Harrison James Z AIR CONDITIONING UNITS : : : ALE WOTTUESG oo cisscvecisisscsevcdvsvevseices mad a before August 31, 1965. : | $0 Edward Street Tel 4-9868 E ACH AD-- RESIDENTIAL’. INDUSTRI Al, yi 4 ADIATORS ...... porecccaereyeeseseeetevecs eac i . : CALL US FOR FURTHER _PATTERIES «00.00... ilesiveestvats seceveevieey; AOE, Oak abe: Bee DAILY _ Plumbing and Heating . arcane NW ANTED ee John J. Butler oe : — FULLY DICK RUTHART Lock i. (To - ; : ‘ z ,~Work Guaranteed . CARE a ‘ Sena D — agai E Seuss 3 ; City Comptroller. ——— ork Gu | : si Edes Ci town mae sat ARTICLES © co z } w5 : 5 : : : ; ; ees a . 4 : a : : . : oe . ¢ —_ as —4 . i CO Be A Bk RT Eee di hatha Mean AM heheh Ait ice aha hl booed, on rf EELS GEE AR = . NG . *, : r 3 nhs, is ge genteel apnea eS cl on” 1 Ld Me tree Mee A lt OOO ie of it = 0 «2 e Avartahte™from~our~ Kings" Ca: Representative Wilbur Jarvis, Kingsboro, Tel: South Lake 11-15. 36 Lr. Water Rose_and-Shelt- —Producte—15- ‘Woodtawn Ave. — Ch'towa | | Texaco Stove and Furnace oo Free Oil Burner Service Dial 992-2388 - Albert L. Thomas White Rose Dealer ee “elt, “moter , Y i greases, batteries. : Grafton St. East, Ch’'town . Phone 46610 Texaco Furnaces ‘O}! ‘Texaco Fuel Chief Heat ing Oil and Stove Oil, “Where To Call” Ch'town Petroleum ' Products Ltd. 203 Great George St. Ch'town 894-7311 After -hours- cal! -894-§434— “pRYC LEAN N nC Off-Season Special Up to 8 th. load. dry FOR $2.00 S & M Coin Laundry Ch'town 894-8575 Be good to your —.. | | Present 9:30 to 5. Next door te Lawn Mower Island in Laundry ™ “service. Attendant teem ht —