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; Page 4 TERAACE BAY RIFLE CLUB There will be a short business meeting of the Rifle Club on Tuesday, January 10th at 7:30 p.m. at the Rifle Range. All mem- bers and prospective members are urged to attend as there will be matters up for discus- sion in connection with our programme which will be of interest to all. The regular target practices will be held at the conclusion of the meeting, 0-0-0 LEGION AUXILIARY i. meeting of the Legion Ladies! fuxiliary will be held at the home of : Mrs. V. Hopper, 130 Poplar Crescent, at 8:00 p.m. on Friday, January 6th, 11 ladies who are eligible are urgently requested to attend, 0-0-0 TERRACE BLY LEGION <A regular meeting and-installation of officers at the Legion Hall will be held on Monday, January 9 at 7:45 p.m. Members are asked to attend on time and give the new Executive a good start for 1950, 0-0-0 FOUND One pair of plastic rimmed glasses found in Electrical Shop, Bldg, 13, Owner may have same by applying to Operating Personnel Man's Office, FOUND One Ronson Cigarette lighter. Owner may have same by applying to Cyril Brewster at House No, 50, o-0-0 CREDIT UNION NEWS Let us assume that you wish to join the credit Union and that you are in a position to purchase twenty shares at $5.00 apiece. You fill out an application form and hand it along with twenty-five cents (member- ship fee) to any member of the Executive. Your application will be passed on at the next Executive meeting and if you are accepted then you may deposit the $100.00, Thus you own twenty shares in the Union, This money is insured by the Credit Union and if you should die while it is on deposit, then your heirs will receive double-this amount ($200.00), But, let us say that you don't die, but instead you need $100,00, The idea then, is to borrow this amount from the Union and agree to pay it back in regular payments in not more than two years. You will be charged interest at the rate of one percent per month on the unpaid balance; - i.e. at payments of 910,00 per month, your interest will be one dollar the first month, nincty-conts the second and so on, This interest is the earned money of the Credit Union and you as a shareholder will reccive a part of this profit (a dividend), at the end of the year, Thus you interest rete will be reduced, This loan of yours is also insured and so, if you die while Owing part or all of the loan, your heirs do not make any payments whatsoover, ; h But, maybe you need more than 300,00, maybe you nced $200.00 or even $300.00, Well, all you have to do is fill out 4 loan request form and the Credit Committee will talk it over and decide on the matter. You see, according to our Charter, which is granted: by the Ontario Government, we are ellowed to lend up to a Maximum of three hundred dollars over the amount of share capital held by a member. By the way, ~ loans may be made for any reason except house mortgages, you may use the money to buy a car; any household ap- pliance, furniture, etc.3 to consolidete your small debts; or for almost any reason that you can think up. The only stipulation is that loans made must bé for productive or pro- vident reasons, (Vacations are also classed as provident reasons}) o-O0-0 Terrace Bay News, published weekly at Terrace Bay, Ontario is ~ devoted to the interests of everyone connected with the LongLac Pulp and Paper Gompany Limited project of the Kimberly-Clark Corporation, Kindly submit all articles and address all communications to Oca Delaeld.