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*,'1:1 ‘‘The Toronto Daily World 'ill1 j «"-7"“, sent six days a week for FOUR _ MONTHS to any address in the _ Dominion of Canada for the sum _A Newspaper Offer %;bfiu only holds good for a _ mited time, so don‘t neglect ~* E%wmnm and secure this â€" splendid Farm Daily in which ‘Bpecial pages are given to Agricul ieot week. ‘.. _ SsUBRSCRISE NOW COUNTY COURT OPENED TUESDAY ~‘The fall: sittings â€"of the County ‘Court opened at the Court nouse on Tuesday at 10 o‘clock pm. with _ his Honor Judge Chisholm presidfng. The court chamber was filled with petit jurymen. and witnesses, » ;\'file legal lights present were Mesâ€" srs. J. D. Dalzell, Galt; C. R. Hanâ€" 'gn;, Preston; E. P. Clement, K. C., J A. Scellen, J. C. Haight, W. M. Crami, E. W. Ciement and _ A. _ B. McBride. ~ The rollâ€"call of petitâ€"jurymen showâ€" ed three absertees. , _ Whe first case was that of Andrew Mer vs Galt, Prestor & Hespeler St.) Ry. Co., in which the plaintifi Beeks damages to the extent of $200 Abr the loss of his horse _ between Galt and Preston, which he alleged Awas caused by a spark from .. the pany‘s. dummy engine onâ€" August .. . The following. jury was emâ€" ‘pannelled:â€" _ Abram Miller, Berlin. \‘Win. Bracey, Woolwich. _ Geo. Vollman, Wilmot. . Wm. E. Gildner, Waterloo Tp. / ; Ab. Lindnet, Strasburg. 3 3 Church, Galt. â€"~ Oliver S. Kolb, Waterloo Tp. ‘ HL DJ Fowler, Wellesley. OoRTY,CENTS. Alex. S. Schwartz, Woolwich ‘HMy. E. Rrubacher, Waterloo Tp C. R. Kics, Wellesley. Jt was fot until 11.40 o‘clock Tuesday that tae jury empannelle hear gmsc of QOliver vs the & H. Ry. Co., retired to brin; a verdict and at 11.15 the jury "Â¥t was not until 11.40 o‘clock on Tuesday that the jury empannelled to hear %(casc of Oliver vs the G.P. & H. St. Ry. Co., retired to bring in a verdict and at 11.15 the jury men returned to the courtroom and handâ€" ed in the folowing answers to . the ‘mfiofl submifted. by His_ Honor 1 e'lop the fire caused k x {3 re ca by © sparks from the enghte? Yes. * 1, Was the fire caused by _ sparss from the engihte? Yes. * 2. ; Was the engine defective in conâ€" struction? Yes. 8. Was the company negligent in L circumstances? _Yes. â€" 4. If negligent in what way . Was the ~ Company negligent? ~ Knowing that they | had. a defective arrester and asing it. es s «‘By consent ols the defendants coun» gel the amount of damages had been fixed at $150 and the costs will also MM on . the Company. * ‘ n_,, ‘had been in progtess since the opening of the sessions. Evidence for: the plai t.i‘l was presented du'r;:: the entite . alter _no less " seventecn mmm.., called, the Miajority ‘of whom lived between Pres ton Galt. A large numiber _ of the witnesses gave, evidence of fires Iiit ; been caused by sparks coming from the Company‘s dummy chgine, and others claimed that on the 06ca* TELECGRAPH BUILDING Wm. Cole,. Galt Ales. S. Schwa hfirrlves at 2 Verdict in iver Case in Fifteen s rgp 6 J > & MeR *E C DARRY 6n3 & @J&We and harmony of case &:iguam purity and Sonority of ton® 2 RLAY PIANOS have few equals and no superiors; ; . . "A cordial invit ation is extended to lovers of music, music students andallinterâ€" * in an art piano, whether intending to buy or not wo call at the GOURLAY AREROOMS and examine the fing stock o{ gpecially â€" selected instruments : on davt® Qourlay Piano Warerooms® T Minutes. E. P. Ctement, K. C., J. C. Haight, W. M Ciement and A. B 84 KING ST., W., BERLIN, ONT sion when: the plaintift‘s house ° was destroyed the engine was pulling .. a number of cars . upa gtade and an unusual | number â€" of sparks . were thrown : from the engine. ; > No witnesses were called by the detendants‘ counsel, Mr. C. R. Hanâ€" ning, and . â€" when. the Court resumed this _ morning: the juryâ€" was addressed by Messrs. Hanning and Clement,folâ€" lowed by the judge‘s charge. â€" 6 Rabb vs: Beam, et al. The next case was that . of John M.~Rabb vs. Nathaniel Beam, Sidney Shelly and _ R. O.. Dobbin.. Plaintiff ¢laims he was authorize« hy the doâ€" lendants to secure . purchases: for a fuel saving and smoke consuming deâ€" vice, owned by them, and that he was to receive $35 for each sale and installation :and claimsâ€" to have s@}d the appliancetto Jacob Morley,~ of New Hanburg, Casper Braun, of Berâ€" lin; the Elmira Furniture Co., _ C. Stuart, New Hambgrg, Peter . Shits, Baden and pthers. He asks that ~he |be paid the sum of $136.50 and in terest. & The following jury was selected to! decide the case , ‘ Cyrus Christner, Wilmot. ‘ Louis ‘Fleischhauer, Wellesley. ‘ Danicl~Eby, Wilm())}' Geo. B. Cleghorn, Woolwich. ‘Thomas Farrell, Wellesley. _â€"_C. J. Hilliard, Waterloo Tp. _ Wm. Latsch, Berlin.. Andrew Lake, N. Dumfrics. John R. McLeod, N. Dumfries. John Kochler, Berfin, f Andrew Groff, Wilmot. Chas. Zimmerman, Hespeler. Mr. J. C. Haight ivting for the ‘laintiff and Mr. A. B/* McBride | for the defendants. . CORDIAL INVITATION Miie. Robitaille Tells How Mrs. Pink» ham‘s Advice Helps Working Girls, ); "”'-'A) "'?.{hingiul:d dnhy’ Altle O RetitaiHe W out the git «s " = and she is often the breadâ€"winner of ‘the family., â€"Whether she is sick or well, whether it rains or Shines, she must g0 to her_place of emâ€" fodk mt whing faekd, pain in ho weak . and lower limbs l:lf lower â€" part of the stomach. â€"Im consequence of frequent mfingolmelefi.lpefio(hbwomem ful an irreguhr, and frequently are faint an dfi:y%dw&h)on of appetite, untit life is @ burden.â€" All of these symptoms point to a derangemeBt | (‘pm nattapesett t .. felerteepin cesc t n ook noaaran k hu a this great medicine did for her. She | â€" @ag writes t Déar Mrs. Pinkham :â€"â€" £ ‘ * Overwork and long hours st the t%&-nfizflwfiefinfl very female trouble until y was ahal ?pnvork. £M hams Peabls Gompound aw hoalth was in the same condition that mine | $3 loyment, perform the duties exacted of neoymni'fe:dbo ud anc’od j Among this class the symptoms of his great medicine did for. ber. Sbe ; â€" 4. gemmpnmeem Artreene writee : F’ v o t\ 7 / a f* . ;# Déar Mrs. Pinkham :â€"â€" 4 iÂ¥ M ..» * Overwork and tonshbnntttheofleg PM together with a nefi!echd cold, mu‘ht on T y uxr’y\fig gmwm:h until fnally i H| y & 5, Z2 o was a wor then ; \ % of a Meed 'h?)‘hld taken tgfl:&% Â¥ \ § ham s vablo Compoun: en , her J bicke hoalth was |i the sarheâ€"condition that mine vouch oo â€" Sgâ€" 4 mafidm!‘htwr-eMombrnbofih. | be exNTS) PA s I finished that and took‘ two more before ; Bs m ts Ae l Sge: 1 really began toitmprove but after that my i b es recovery was vety rapid and J was soon Pia?7 a & well and able togo back to work -P(n. L } . "a i Tass® certainly think °rmr tnedicine | for sick 47 U M . . WR I women vomr praise and am indeed J M \ glad to dnadise it" P 1 \ Jt is to sauch srh that Mre. Pinkham | ‘ holde out & ‘hand and extends | a BWd Eic kk Y ° mas â€" ft is to such girls that Mre. Pinkham holds out & 1 ‘hiand and extends a cordial invitation . to correspond _ with im ied doaane Trg Pinkham and for twentw/five years has been advisinig | sick women frée Unsting woman t m mokes h byjore en emhd pg on fime working girl .. e OPPOSITEJSIMPSON‘S WAREROOMS BERLIN Superintendent Hymmen Preâ€" s::ts Statement offlgims â€".and Expenditures $20,847 IN NEW WORKS ‘The Water Commission is closing Another successful year in the operaâ€" tion of the waterworks system â€" ol this town. judging from the : stateâ€" ment‘ presénted by Supt, Hymmen of the: receipts. and expenditures,(parâ€" ly estimated) at the monthly meetâ€" ing â€" on Monday evening.. The mem» bers expwessed themsclyes as being satisfied ‘with.the result and . were confident that the ratepayers generâ€" ally would be gratified with â€" the (report. # The receipts for. the year amountâ€" ed to $31,663.18, and the expenditur es on maintenance and repairs wore ‘$10,736.61, and the interest and sin" ing fund on â€"debentures $6761.89, leg\ ing ‘a net profit of $14,264.68. Th« sum of $20,847.12 was ‘expendcd c new work, and it is estimater that the overdraft . on Jan. 1st, 1907, wil be about $3271. Flat â€" rates ict.r rates Metor rent \Specinls Hydrant rental | 173 â€" $35 An interesting feature of: the stalcâ€"‘ ment was pointed out by the Commisâ€" sioner . Bowmap,. who referred to the fact that the sum of . $4,072.71 was1 received from the 930 flat rate conâ€" sumcrs, while the latge amount . of $16,751.08 was cbllected from â€"meter consumers, the . average Webween the iwo classes being considerable. The statement is as follows: 7 Receipts. Total Office expense, salarics, etc. 2386.78 Pumping system 774941 Street _ mains 188.64 Service _ connections 205.00 Meters â€" . 62.03 .Bullding' & grounds 34.17 Standpipe 15.04 Paid inverest & Sinking Fund on debentures Net profit for 1907 $14264.08 Construction.. : New Work on Real Estate and Plant Service Connetâ€" tions, & meters.. 4926.75 Compressor, â€" engine, etc: . 10311.92 Bullding 422.58 Street mains al $31663.18 Expenditure on Maintenance & Repairs. Balance [ s m seoame " "Black Knight" Stove t h, O 55â€" . potish is better then the t oo § sun, becatise it makes stoves Câ€"â€"sl k â€" W § shine by night as well as T ‘ \ ° ‘day. ,~’ â€" a , *Â¥ ]’f‘\ â€" It saves time â€"â€" does away Y MP"M â€" with hard rubbing â€" cuts . out all the dirty work. " Black Knight " means a quick, lasting polish, that is a revelation to housekeepers. / "Black Hinight" Stove Polish Bert Polish ~ Biggest Box. At doalors‘, % WATERWORKS Account 4072.71 16751.08 1436.34 3348.15 6055.00 4773.10 15.04. $10736.61 $14264.08 20926, 57 €761.89 POULTRY BARN Berlin was lit â€" up. pyé. A bright reflection in the.s rtly alter _ midnight on Yuesday â€" caused by the burning of a in the viciâ€" nity of H.â€"J. ‘s‘â€" poultry farm: near Sugarville. The barn, which beâ€" longed to the L. Breithaupt Estate, was totally destroyed, including | its contents, among which there were & goodly number of hens : belonging to H. J. Hurd. ol L V ‘The firemen were aWwakencd.by sevyâ€" eral aldermen who were on their way homeward from the Council meeting, and the hoseâ€"reel went as far . at 'Laneo,ster street, but when they found that they could not use the hose.owâ€" Iing to no water‘ connection they . reâ€" turned to the fireBall. Beefgxtracts contain only the flavor 3 i dnil\: in the w a % o&h“ ofw that. He said "It is but a condiment and capable of sustaining Tife." «. _ mi_*wvnuw“g beek & x BO ‘does mwnmfi‘ ment and lifeâ€"sustaining cle of Water Supply beef as well as its rich flavor, _ BOVRIL strength and nourishâ€" ment to a':nu. With its ::: you can make ::'fl scraps delicious boullions and To: with very little trouble, RIL is the true econiomist in the Your grocer sells BOVRIL. fi: h i fog $20847 Overdraft January, ist, 1907 3271 From revenue . of works Town of Berlin Note Dise Canm bank of Com Overdraft Other Matters. _ ‘The new Town Clerk, Mr. Huch nergard, . wroie as follows:â€"‘"Last year the Commission gave me a granl of ~$35 for various articles â€"most!; ‘or a uniform, but being promotced to the Towh Clerkship, th®; L am in n ied _ of uniform ro more, but a grant . would he nmuich appreciated foi looking after ime indicator or picaâ€" sure â€"â€" gong aud offices which . which J think I done satisifctory . to the staff." No action was taken. The salary of F. W. Snydet, hook ~seper was fixed at $35 per month (Continued on page 6. lcomn)encin; Dec. 1st. & ‘paid to the town as «hi year | share of . the debentures. . ; The . Superintendent‘s report fo! November showed receiptsâ€"of $1359. 99;.note discounts $2500 and. balancs last month of â€"$2505.03, a total .o $6365.02. _ The expenditares . wer $6272.31, leaving> a galance of 92.71 An avetage of 881,161 gallons® wer: pumped per day. New mains . wert enA +CA mc mc + d c t P a UnHoLM, DWs Hanrâ€"PRRCTTC CCE lsa on C he Towh Clerkship, th®. L am in n |_ Ald. Uttioyâ€"was pleased that (the. . ed â€" of uniform ro more, but a | Mayor: hadcalléd ‘on "Ald. ~Shepoard ‘ rant . would be much appreciated foi to give the facts in connection . with 1 oking after ime indicator or prea the sale of these debentures, instead _ ure â€" _ gong aud offices which . which J l;"‘ :l;;“é:’m:.“e(:hairdm“ x offl”% } ink I atisigctory â€" to the [ M® 16000, . All as 2.;.., Udone satisifctory s s fore impartial. This defence pleu;d “ him because it was complete. n N t 6 action was taken 9 regard to the increased offer of Wood,_ The salary of F. W. Snydet, hook s soper was fixed at $35 pet month Gundy & Co., he hadâ€"not seen ‘the (Continued are 6 letter until last Thutsday. _ Up . to . ci°" ““)‘w ‘;';t" °: a: this year it had been the custom of °m “gtney "Was rhesiad to 4 the ‘Treasurer to sell the debcimtutes, EiC 4 ~ °C |and tenders were opened by him, and wies, meter Blis "tor "uin. quarte | slsb Sinderssnod wo put purer aghinet , The exélimiye‘ night td ‘out | too of 1 §iklg: Gu:y"& Cos . represdlitative he .waterworks â€" lake ‘(ot t;h:,s“s}*al- strongly objected to this method of on was . given to A. C. Quickfall 0‘ fjoing business and he agreed. â€" with “li '“m“d $25. : o itk! him. He referred to Galt . only rek- Accoun were . passed â€" amountinf | ceiving 3 per cent. from the . bam 18207.60, of which $6001.89 will _"|tor its sinking fund deposits and also paid to the town â€"as whit year‘ | Stratford‘s experience. ~The unpleasâ€" plm: of ‘h:i mnt:res. ; l ant feature of the negotiations â€"fiom T Superintendent‘s> report . fo‘ |a newspaper man‘s standpoint _ was November showed receiptsâ€"of $1359.â€" |the publication of the erroneous . Teâ€" 99:.note discounts $2500 and batanc: |port in the Telegraph : and~: in . his last mo(;nth o’l"h:wm'o:; m. total .o o;:(nlon'r;h-t yu::rdr:d ?‘&1 & m‘l:; $6365.02. ie expen ree . wer e. e repor no‘ ure‘ $6272.31, leaving ;llltlancenn of 92.71 I"‘:eun::dt(;on:mti;:eetx: :d ;fluedw An avetage of 881,161 ons® . wer Jt o! f pumped . per d.yi. New mains ;:: ;,nj“"’blm ln:r:d c:‘::n;?ofi would laid on Filbert street to the e. pu d in « Goâ€"Cart factory and on Simeon St In reply. to, Ald.. Lang. Mayor Bric« sw , â€"«/___ fker stated that for years all Atenders mmmennttvattispmimeennemememmtemmme es |and communications TORATOME debCn> â€"-&“_â€"â€".1 tures were, addressed to,‘ the Town avoryrem t j Treasuret. ja5.l A Black Sun wWAS DESTROYED Receipts 14264.68 €000.00 2500.00 1364.39 412.17 ie . ~ \Bew t “ P ) $24129.07 $24129.07 â€"It>was a: decidediy: new proceedure toâ€" have a committee appointed . to prepare a report on . a sale of;tows debéntures, but this action was takenw 10 o‘elock _ TB .L cacult ‘fcan. artinh.which \"an. m ‘an article which / apâ€"! um on ~OvYOHMACE | d‘thh y lay in the * debenmtures. â€" The article ted considerable" discussion _ in municipal circles, and at the regular | meeting of the Town © Council < last . week Ald. Sheppard took occasion to fant ie sooll neore thak fnfteat s of t he could prove itead â€" of ‘ Berlin losing $16,000, he e:mnh‘h fgures . that the town : gained $1,825" in the transaction. ‘ ‘The{report presented by . the~. comâ€" mittee was in two parts, the first dealing with the: negotiations in conâ€" nection‘ with the sale, andâ€" the secâ€" ond dealt with the criticism of the negotiations which appeared . in ~these Lcolumns. t After Mayor Bricker nad read _ the. first part he caMed on ‘Ald.â€"Sheppardâ€" to read and explam the second, which / he did in a hallâ€"hour‘s address. . He | stated that there was a great difterâ€"| ence in the two plans of disposing «of ; * debentures, and there are four . matâ€" i ters that must be considered in acâ€"|{ cepting ither plan, namely, â€" the © amount the town pays, the amount received, the time it is paid and the security. ‘It was a wrong . principle to base a loss on what the â€" town ;‘ is supposed to get thirty years hence, ; and not on what is receive@ _ now. The sale must be based on the preâ€" ) sent time. Under.the installzpent plan he maintained, there cannot be a loss, | while under the straight plan there may be. The town has always been opposed to a sinking fund plan and he . referred to Stratford becoming so enâ€" , tangled in its finances that two charâ€" | tered: accountants. were . required . to straighten out matters. _ Under. the sinking fund plan Berlin would have had to pay $3700 in interest every year and at the end of thirty years l the town would still owe â€"$83,200, while under the instalment plan the sarme amountâ€"is paid annually, the principal increasingâ€" and the~ interest decreasing from year‘ to year. Mr. Sheppard minutely explained the varâ€" ious items of the report which _ folâ€" lows, and im conclusion referred to the tact that the offer of. Wood, Gundy & Co. of 97.75 had never been presented to the Council: and heâ€"had supposed that the Chairmanâ€" of the Finance Committee had kept it from _ the Council. He was pleased â€" to state, however, that the Chairman bhad not seen the offer wstil last sweek. If the Council would have accéepted this ofâ€" fer there would bave been a . still turther gain of $4.879.07. ed at the last regular meeting of Mn&'ldl to prepare a " teâ€" onithe swle of the street Failway itures, présented its report at a a) meeting held after the Finance mittee had adjourned | at about ”}fi'{l’.- McBrine and others ex:nuodw thei 4 « wor 'om%fix&{z‘}a preparing the report which.was adopted as folâ€" lows> _ #4, 62. .‘ § is Berlin, goc $th, 1907 To ths Mayor and Council. ._ . _ Gentlémen:â€"Yout &',.mvww- tee appointed to make a. report on the sales of the streot railway m tures during 1907, beg#. to that it has completed its work and 1. . Bids were ©Invited °_ tor â€" the 163,000 5 per cent. street railway deâ€" Yentures unsold on Nov.‘ 18t, : 1907, trom five different buyers. _ â€"= / nds Re Sale of $83,000 Street Railway M Ttheâ€"At Varvic & â€"Coâ€", Torontoj Noy. Tthâ€"Waod, Gundy & Co., x . onto, made : an alufoh? 4 800 of these. debentures at . 97.10 per‘cent., if given an‘option. on the ay® § . . . f * aan Wood, Mdy‘? Co‘s,, / offer . was accepted for the follpwing reasons: 1. Owing to pressure on the part Te he ‘":"‘,:“*""fi“'::,- "Touk the necessity eonÂ¥i e .. into money. . He_urged "the ‘of that offer which would m larger sum, should the: differente not _ Wood, Gundy Co‘s. offer resulted. the immediate ag of $30,000 of the bonds, upon which $29,1830 was realâ€" | iged, compared> to $19,513, / whith would have been received had ~A. § vis & Co‘s. offer. been taking Wood, Gundy Co‘s. ‘ the iw‘gn was placed . in possession of $9,617. more. money, . reduced" its line ‘nility toâ€" the bank.and saved interest ‘thereby. $ ais C in beâ€" too great iug: with the: approval chent‘s solititor. %..On May 17th ult., A. arvis & )e Co. purchased the issue â€" of. $ ME 4} rer cent street railway. debe >z at 96.50, with the same provision:as .p to their ‘approval by their» client‘s i ; solicitor. They promised to . . #8 i of a sufficient amount of ; & _ to ) ; enable the town to take up a ,loan| 4 of $50,000 (required on May 1st, in‘ taking. over the street railway [propâ€" q erty) not later than July 1;:‘ ‘They ; found difficulty in selling ._Be ) tween May 17th and Aug. 7th . they q had sold only $20,200 worth OIM.Q |\A few days later they notified, the | town that their client‘s solicitor had \ discovered a technical objection in the | ‘byâ€"law, an objection which had never | before been raised in case of any ~of . |Bertin‘s debentures, ‘ and threw Im;_k‘f $63,000 of the issue on the town‘s hands. Their inability to . sell \them ; was th> cause of the delay, It also necessitated the town going to the Railway and Municipal Board of Ontâ€" ‘ario and obtaining its sanction to inâ€" ‘creasing the rate of interest !’ro: 4% _ to 5 per cent., and of accepting Wood | / Gundy Co‘s. offer, lest. A. Jarvis _!& Co‘s. client‘s solicitor, "if called ‘+‘upon to pass upon the same iebcmâ€" ‘‘tures, (bar the increase in . in erest , rate), might cause delay and _ probâ€" ; ably .an application . to parliament i sext year, by raising the same 0h}eo-1 ; tion it bad already done. 1 & ~A8. â€"In making an offer .. for the , $63,000 part of the debentures, . A. , Jarvis & Co‘s. representative .spoke { in an uncertain manner of his firm‘s & prospects of being able to dispose *of .. even the $20,000 part of them. Conâ€" 1 trasted with this was the confidence shown by Wood, Gundy Co‘s repreâ€" g sentative. He stated that his firm a would take $30,000 and e_xgtesge@ P’s halance, : $38,000 / at 97.10 ; for confidence that they could sell | ‘the balance of $33,000 within 30 ihyx. Wood, Gundy Co. actually disposed of the whole $83,000 in less than: 80 days. ‘The relative merits of the two dffers received last April for the $83,200 is sue of _ street railway , debentures (namely A. Jarvis & Co‘s. of 99 for a straight term bond, where _ the whole principal would have been reâ€" payableé at the end of 30 years, and> the interest annually; and Wood, Gunâ€". dy & Co‘s. offer of 97.75 for . an anâ€" nuity payment debenture, the former of which is claimed by the Telegraph. to be the better and the Tatter â€". of which was never presented to the Fi= nance Committée or Council: by the late Clerk and Treasurer, (though it is on file}, will be made ,plain by the follo#ing statement ‘of â€"costs and reâ€" ceipts, based‘ on the supposition that â€"the whole issue had been taken . in each â€" case. a h in o The receipts from Jarvis &‘ Co‘s. offer at 99 per cent. on $83,000, and from Wood, Gundy‘s offer. at _ 97.75 per cent., ‘on $83,200, the ‘ difference equals 1} per cent. of $83,200 â€" or In Reply to Criticisms upon 30 Co‘s gffer ..._.. A. Costs of We Total annual‘ Diference in costs ¢ in favor of Wood, Co‘s offer. . $385. Jor 30 y worth ‘&l‘ # Net ~by tal & Co‘s.‘ offer .ins Co‘s. would be $ $4870.07; w This. gain â€" ; tion of A."Jarvis ;‘,-, h soon as the offer ",Câ€"‘:g‘_ and the‘ the . peop ‘Gundy & Co. was ne fiku the Finance Committee for 4 tion. As a result new tend called for and A. Jarvis & fer of 96.50 was accepted ,q sults as shown above and, has been fully disposed ox 8 to meet vu-lng est in 30 equal‘ ment8, is Â¥erve cinipe e $23,200 ‘134 per cent . . &.Co. "at t . s aa! $63,000 5 per cent. to & Co.: at Â¥4Q. _ _ _ With }wwfikm lows:â€" s se ntss Receipts from $22;200 at. Receipts trom ‘$63,000 Total receipts as sold anâ€"=>~ As opposed *9*;}. xh 99â€" Or a lo§8 s in cash of 1. Cod.& .“\"’“*f;‘ .. $20,200, " cont. uy $ Annual instalme fi( ./ §. 6E ; Cohe ;o.iâ€"...in) naaal Total cost per annUuMm .. 2. Cost of straight 30. Interest 4$ per cent on $ ANIMMAILY .. ce e idns Annual . amount â€" for ilq Attached to. this repors : be found a letter‘ from A. @ Co. dated April 19th, and a ¢ tion from one dated May 11th, rt od from them, in which % seek show that their offer of 99 for straight debenture is ~ the | be ‘Their contention is disproved Db foregoing facts. We‘learn that ;l!fy h ..3‘3‘;.; ut year, the town of “; ?t k issue of $23,200 bonds, bearing eE cent. at 90. ) _}0 it o fund «. _ Finding it‘ difficult to. sell debenâ€" tures at all, Waterloo raised the % terestâ€"rate on later issues from. 4% It then sold $12,000 5. per cent. deâ€". bentures to the Dominio? Life of Wat: etloo at par, : 2 stt _ About the same period as fli’nu% was made, it offered um"& â€" pet ceht in “:!m market and â€"â€" reâ€" ceived‘ but xi*pht." 1o# them. On 833“ street railway debenâ€" tures Berlin received $2534 less than par. On $37,000 local improvement debentures Waterloo received $2460 less than par. Respectfully submitted. 5 ®. wW. SHEPPARD, .. i ‘JOHN A. LANG, w.ov. UTTLEY, â€"_ The Mayor wab toqi-:‘:h ::. 11.'3 the facts in gmmw"on Clerk and Preasurer‘s shortage, in all its bearings, ‘beéfore ‘the Town Solic= itors and request them _ to proceed forthwith to recover same from those who are liable in CP‘QM» s dead. Rev. Gordom Amith, ‘pastor of the Prosbyterian church, M’? |‘ C Y m to nlne“ :3\!.6- ending $114,877, * Frank Hodging, K.C., spea ing be. reca ane Timifitndy c..&..f‘&l‘ ue ged that Canada should maintain . ~A mosquito fleet to protect her shores, Waterloo‘s Experiences in 1907, . | To receipts in cash 'Q‘.‘!. 4120 . > ,’ifix" l:s:dm@%« 5 ;‘% tC . . almen . i e 20 ce peee t straight 50. yoht ME s / .. per cent on $83,300 °/ $Ner?. . prsoontens A-.-.-.‘.f:u’...-_ {"‘,‘.:“s;;h." 9 “’ hount for . ' es 2 oc a! yeessasunk ,.m»..’,;\ “fi‘â€"’v‘ $ P st ‘per annum ;.....$5,402.81 . â€" nnual: cost‘ of the" i \i;;:‘ oposed plan, equals . the ... between © $5492.41. _ and _ is 1i n..ua......"'..&_’;_ "fl::" e ity: of $154.46 for a perio 3§3Â¥ & € 3"1 K7 ralue "of said u‘j«i;‘\ ‘,;i_:?.' d 20 o ol% C is 090 + wilueg C Coalisct Shortage at d to . sell debenâ€" Japan for the March were‘ Committee