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The Chronicle Telegraph (190101), 13 Feb 1908, p. 4

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‘ The Committee of . the whole . beg ‘leave toâ€"report that they have filled ‘iy, the blan‘s in By.Jaws Nos. 938 and W89 with the following named perâ€" / Sons, â€" \iz.© ye ‘ Moved by Mr. Shaw, seconded . by Mr. Abra,; that this council now go ‘into Co tee of the whole to fill ~_ in blan‘ks in Byâ€"laws Nos. 938 and 93¢ with the names of the following perâ€" _ kons as Assessors, Collectors, Lence. viewers, Poundkecsers, Tp. Printet ‘and Herd Inspectors. 9 ty $43. ~_ Rlec. Div .: Dis fas i Elec. Div. No ="Flee. Div. No . ~Salary> $40. A‘ flec. Div. No _‘ Moved ‘by Mr. Shaw, seconded > by $ s:Yf , that Byâ€"law No. 939 _ to appoint ~ Penceviewers, Poundkeepers, Caretaker of Tp. Hall, Printing .. by fender _ and Inspectors uhider â€" the ‘ MHerd Law for 1908, be read a first _ _Move )g Mr. Shaw, seconded . by \ MF. Abr that leave be givcn the mover to introduce a Byâ€"law at next _ meeting of Councilâ€"to prnovide for the. ‘ appointment : of â€" Overseers. of â€" Highâ€" The council met at the Tp. Hall on atu #th, pursuant to â€"edjournment. uflmbcu all. present .“:" rept Mr. Hallman. 5 Tere . Minutes v. preceding session . Salary (WATERLOO TL oc _ <>~> COuncIL m" »Div. No. 5.â€"â€"Johnâ€" N. Sipes, SAlatry $65. ary 042. salary $35 *>> Fenceviewets. © ‘Elec. Div. No. 1.â€"Bcniamin Johnâ€" n, John.Becker and Alfred Ellis. f‘f%. Div. No. 2.â€"Lawrence Spitzig Peter A. Snider and Wm. Kraft. ‘ Moved by Mr. Abra, seconded by Mr Ehaw that Byâ€"law No. 938 to appoint Ass isors and Collectors for the sevâ€" €ral Electoral Divisions for 1908 be read ‘the first and second time. m Div. No. 1.â€"EUurman fec. Div. No. 3.â€"Charles Stroh, Honsberget and August Schuart. Elec. Divy. No. 4.â€"Josiah Shoemakâ€" er, Jcha C. Shantz, and Oliver EBetz lec. Dis. No. 5.â€"Rovert Veitch g Isracl and John R. Slee. ‘_Elec. Div. 1.â€"James Wood, Jerry Bagder Ehiry, C. T. Groh and John * RElec. Div.. No. 2.~â€"George SteMer, Menao Sbhantz, Jonas Bingeman, Geo. a .fi h”" Durrant. § Div. 3.â€"Henny Kummer, Wm. Knarr, Wm. House, Frank Shuly and Andrew Hamel. + _ Blec. Div. No. 4.â€"John~~ Schaetet, f“*{ _S. Shoemaker, Wim. Wooinet, ‘Addison Sbantz and Noah Becker. : . Elec. Div. No. 5.â€"John Schweitzer, sagc McNally, K‘rk Deans, Alfred Israel, Anthony Wilhelm. #loit Tp. Printing. W Printing Co, silary $107. ,;7‘ Herd Inspectors. \Div. No. 1.â€"A. R. Witmer. g Div. No. 3.â€"â€"Wm. Snyder. . Div. No. 3.â€"Chatles Reichert. "Div. No. 4.â€"Ferdinand Laisch. ‘?L', iv.. No..5.â€"Thomas Main. . _ Moved‘ by Mr. Abra, seccnded . by Ir.. Staufier that Byâ€"laws Nos. 938 39 as now filled in on the comâ€" ‘ """ie of the whole be read the third . Moved c Mr. Abra seconded by z. Shaw, that the following accounts ‘paid and the Reeve grant his orâ€" t on 1 '-?b“"* for the seyeral icipa World, supplics 5.178 staph Printing Co., bal. of vw for printing 1007 â€" 32.00 rubacher, lumber for=~Freepont tdge snow guard 80.57 »'5; , .gravel 2.20 oved by Mr. Staufer, seconicd by '*!p,.\hl this Council now . adâ€" n . to _again _ on Saturday, yfi%‘ fi's.-. on . which ~Ahe Overseers of© Highways will at Mesting Held Feb. $40. Div Div Dis Gole, planking Blait Assessors Poundkeepers No No No No Collectors No. 5.â€" August Isracl, Report m«ru..:flmn Abe esday evening resulted as GEO. A. TIHT, Tp. Clerk 3.â€"â€"T. S..Shantz, sal 2.â€"Cohn Halter, Salâ€" 4.â€"E. W. Wilson,salâ€" 3.â€"Jacob S 2.â€"Peter A 1.â€"Henry B. Hagey, 4.â€"Ferdinand Latsch Snider, Snifet, Hertel, $206.9¢ liard, and D. Bean The President Mr, Thos. Hilliard in moving the adoption of the Directors‘ report referred to the steady growth of the company. He showed what uo pointcd our thet Tam _ sight io and out 1 . tv;l‘;o‘:let cent. could be co-d&d”‘ & gro up to> years. Referring to '.M Lifle the growth had been about 10 per . cent. during â€"1007. ‘The rate of . interest earned had again advanced being 6.89 per cent., a rate only slightly _ exâ€" cecded by one Canadian â€" company, and considering the j act that not a dollar of the company $ invested funds had ever been dost t is remunerative rate of interest musi be very satisâ€" factory and enabled the Company to pay very . substantial profits â€" to policyholders and give sharcholders a fair return‘ upon theit investment. Profits on matured endowments had also been such as to returnâ€" to <the holders all â€"premiums paid (to the company together with interest ~at three per cent. or over besides carryâ€" ing theirâ€"risk during lite of _ policy. The ratio of assets to liabilities® is 110.17 per cent. and to policyholders 119.50. _ Had the company valued liabilities upon the lower basis proâ€" vided in the Dominion Insurance Act the surplus would have been $40,000 in excess of that shown, the surplus of the company over all liabilities being now $130,073.32 which . places the company in & strong position perâ€" haps unexcelled by any Canadian company at the present time. 2 100, on Friday, and the 1¢ potrts prescn‘ -uhlw of substan..2) »: ~gress in the of this w :; +:own company has reta.n.d~tfrom yeat to year the confidence of the insuring public and is a tribute to the equitable und conâ€" servative policy pursued by the manâ€" ‘There were present>â€"â€"P. H. â€" Sims, Toronto, ‘Ihos. . Trow,. Stratiord, Thos. Gowdy, Gueiph, A..J. Andrews, Wluln;‘. W. Vandusen, R. W. Burnâ€" Sreant ioh 4 5n betron Dr. A. F. Bauman, F. s.’m Lockie, Newton, Levi Shub, ~B. E. Bechtel, J. Hespeler, Fret Halstead, Dr. C. T: Noecker, P. H. Roos, C. Huchnergaid, Dr. Hilliard, ‘Thos. Hilâ€" Mr. P. H. Sims in seconding ... the adoption of the repott'wpplemaw the remarks of the President refertâ€" ing to the safety of the: investments of the company which were carefully selected evidenced â€"by the fact that not cne @ollar of principle or interâ€" est had ever been lost. Dr. C. T. Noecker, one of the mediâ€" cal referees of the company read the report of the ‘medical department and made réference to the low death loss of 1907. The mortality was _ only 40 per cent. of that expected. From 1892 to 1907 inclusive ths average death loss in the Abstainers‘ section was 40 per cent. of the expected, in the general section 45. per cent. and in the women‘s section 70 per cent: of the expected.. The"low mortality, rate reflected great.credit upon the medical examiners and directors of the company in the careful . selection ol risks and the favorable mortality rate resultcd in direct . benefit _ to sharcholders and policy. holders â€" and materially added to the surplus earnâ€" ings of the company. The reports were unanimously adoptâ€" ed. F Mr.: A. J.â€"Andrews of Winnipeg adâ€" dressed the moeth'g and made special reference to conditions im the West. Since becoming identified with the company h> had become . impressed with th> absolute integrity of the tharcholders and directors of" â€" the company. ‘The object of the company was to consider the interests of the policyholders first and this was eviâ€" dâ€"nt in th» returns made to them in surplus. He made reference to the sitwation in Winnipeg, where <a large portion of the company‘s funds were invested Tt was his beliet that the recent depression affected _ Winnipeg less than any other centre . on â€"the continent and there were now â€" imâ€" proved cnditicns in Winnipeg. . The business for January had shown an increase over any previous Jnu:& and more healthy conditions prev ¢d than heretofore. Banks were showâ€" ing renewed confidence and some . of the more conservative banks . were taking cn new accounts. The values Less Reâ€"Assurance Pavmht: to :olk:yioldon Matertd Endowments ... Death Claims .....«..cso . Premiums: Abstainers‘ Section ....~.... ... Gen»ral â€"Section ... ....»~ Womun‘s Section ....=..... ... Nonâ€"Participating Section ... Outstanding Prers. Notes paid Net Premium Income Haborest :.2 ...« ... $.48iv6 Surttadors and Surplus tory FINANCIAL STATEMENTS Expenditures mmmmmmmniccc= $ 44,681.78 ons and a hall yeats ...... n,u:.u Cash Receipts:; ndid showing made. â€"â€"â€"~ â€"â€" (~. E.P.q.h Mnrd ke and . fea and the foree for aithful and eficient : services during the year, which was seconded by Mr. Vandusen. Mr. Halstead respondcd briefly â€"and ceviewed the progress of the company during the past three years. He reâ€" terred: to the splendid field force and the good work being done by them. Mr.. Burnaby of Toronto also spoke briefty, At a subsequent meeting {jof the m‘o:MMandm' company were‘ agaim reâ€"elected. The net cash imcome for the yeatr was $308,796.95, being composed â€" ol premiums $232,082.82,. annuities . $1,â€" 400 and interest and rents $75,714:13. This is" ncrease over JaSt year of 527 4D. ~_~~ *5% E â€"~The previous year‘s Board of Dirâ€" cetors were reâ€"elected. Applications were received . duting the year to the number of 932 for assurances amounting to $1,402,998, of which 898 were issued forâ€" $1,20 | â€" The terminations during tne . year amounted to $688,670, of which $12,â€" 905 was maturcd endowments, $34,â€" 614 passcd off by the death â€" of the policyhol@~rs,â€" and $641,155 by lapse, commutaticn and nonâ€"acceptance. of investments in Winnipég botre out by the Jact that not a dollar had been lost und interest on . loans was also well paid. In concluding be Genticounâ€"Your directors have the bhonor to submit to you ugu-» ceenth Annual Report with the finan» ial statements for <the year. ended wJec. 31st, 1907, the latter being duly certrfied to by your Auditors. | 428. Of these 832 were placed . and. .n Torce at the close of the year for $1,205,593.. Seventeen policies . were revived ‘or increased, amounting to $26,943, making the total addition of the year $1,232,536. The net gain of the year was thereâ€" fore $630,ou1, which added to the armmount â€"in force at the end of 1906, viz., 3$6,iv1,064, â€"makes the total now in force $7,421,365, > _ ‘"Ih> gross expenditure was . $139,â€" 037.20, an increase over last year ol $9,621.29. ‘*Of this amount $44,681.73 was paid to policyholders, . $12,000, seing one and a halfâ€"year‘s dividend, was paid to thircholders, and $82,â€" 149.56 for â€" gen :i al expenses. .:.'.," it values in the more . sup.| Bizâ€" old bome here, idf6 on "Iue swealinl and sefticd seotions has ‘aoy | for Niagasa Falls, Builalo insd t been materially aftected. . He referted ““‘_:"2‘3"’;:"'" they visht 5 A Boyer. to the care exercised in the placing]""~, "n‘y ~.‘H, Ibbott, of I‘o the Shareholders ofâ€"the Dominion Life Assurance Co. & The assets of the Company . have ncreascd by $170,173.76, and the liâ€" abilities â€" hive . increased by â€" $146,â€" 277.45, showing an increase in surâ€" plus of $23,596.21, which being added «o that.of 1906, briugs the _ surplus over all liabilities up to $130,073.32. This surplus places the Company in a strong position, perhaps unexcelled by any Canadian Company at the present time. "Its. ratro of assets to liabiliâ€" ties is 110.17 per cent. and so far as policyholders are concerned, 119.50 per cent. fiks ; The rate of interest earned on all investible assets has again advanced, being 6.89 per cent., a rate only slightly ‘exceeded by one.. Canadian Company. Taken in connection with the fact that not a dollar . of this Company‘s invested funds ~has â€" evet been lost, this remunerative rate of interest must be very satisfactory to our: policyholders and . shareholders. Profits to policyholders have been alâ€" lotted as heretofore. Profits on matâ€" ured endowmentsâ€" have been such as to return to the holders all premiums paid to the Company together with interest compounded at three . pef cent. or over, besides carrying their risk during the term of their insurâ€" ~Al the directors now retire, but all are eligible for reâ€"election. Your diréctors have declared . the sixteenth dividend at five per cent. on the paid up capital stock . . of .. the Company, being {or the . hall . year ended Dec. 81st,~1907, which will be paid on or belfore the 15th inst. All of which is respectfully ~ subâ€" mitted. $ ©104,176.67 90,883.19 15,580.29 18,673.01 1,036.09 $ 287,2490.25 _ 5.166.43 $ â€"500.11 12,885.00 26,802.50 4,404.12 DI&RECTORS‘ REPORT $ £82,082.82 15,455.98 THOS.. HILLIARD, President. 1,000.00 company . OR $ 308,708.95 â€"Jt. IV.â€"V, Hagey, M. Kinzie, | H. Lewis, H. Rieck, M. Hagey. A i wl l m n & Jr. 1L.â€"M. Madér, A. Shiry, H. Furtney, M. Gimbel, E. Prange ani ra'_xu‘-s.', ‘‘Geiger, L. Bechtel, â€" H. Schnaeringet,> W. Furtney, W. Gouâ€" die. attended the w% at Préston,. in comnection with. wmum-mw. , Feb. 11. Mr. Ibbott is See retary of. the district.. His _ many friends ~ol this community are pleasâ€" ed to learn that be is doing so well in Ayt. acre larm at Haysville to Mr.. Chas. Rieck of New Hamburg for $9,000. Mr. Hy. Luft has moved into the men cutting ice on the mill . pond. | ‘The ice is 13 inches thick and is of Messrs. S. B. Bichn and Jacob Axt ol Guernsey, Sask., visited friends | in town last week. The PlattsvilleHamburg O.WH.A. hckey game which was to have been played here last week has been postâ€" pon:d to. Feb. 17th, as the Platts ville team were unable to get here on account of badâ€"roads. ./ . _ Mr. Isaac Hostetler has sold . his farm in East Zotra to Mr.J. Jantri of Adrian,.Minn. After the _ auction ‘sale of farmâ€"stock and implements. he â€"Jt. Itâ€"R. Prange, V. Gimbel, . E. Stuart,â€" V. m': . Bechtel, W. Ryas, l&aw. Hagey. Part u,.lr 4 , J. H. Pronge, L. Geiger, H. Shiry, W. H. Rieck, E. Edward Sherk. _ > Mr. Berhard Eickler has a staff of will takeâ€"up his residence here. from Dtiftwdod, New. Ontario, where 100 acres bush Iand are being cleared for ‘the Ontario Government. Death of Mrs. Wm. Becker â€" The death ‘of Annie Doering, beloved wife of Mr. Wm. Becker, tools place at their residente here~on Tuesday the 4th ‘inst., after a short iliness, â€" Deâ€" ceased was a daughter of Mr.~ Abel Doering, of Philipsburg, and was of a kindly and loving disposition and her death will be~mourned by ‘â€" a lu"g: circle of friends.â€" She was in the 29 year of her age and leaves a husâ€" band and three small :children to mourn the loss of a devoted wile and mother. £48, C Mr. John Snyder, Huron Road, will hold: an auction sale on the 18th inst. He has sold his farm to Mr. ‘Manley Zitimerman <and will move ‘to Berâ€" Reserves on Policies in force calculated at 4 per ¢cent. Institute of Actuaries Hm. Table on busiâ€" ness written before 1900 and 34 per cent. on sub~ gequent bU8in088 (NBt) .......ussumw, murn iss is B1 Premiums paid in AUVAROO ~~~symos ssm ean m atcounts Wiaipineiin. Ne briikee. reiking rÂ¥reliy e vies Sn.lmen pvieoeearpsinn ) aepraav in rtane. Neveinak Medical Fees . ....â€"orics.c. aniibinny ‘vadlst Prov. Taxes and. Licenses ..........=.. ‘_Commissich on LO&AMS :......... m=mes Printing, advertising and stationery, Travelling ‘CXDERSES \,.....cmmse slcser L@ZA] . CXDURSOS .....m. inss sn emins usnn Bank. CRATROSâ€"...:».i....5, ) .ozamsl.. wsinss POSKAEE cuc.w... SAE Frirsliss urpuned Telegraph, telephone and express ...... Written off Office Furniture ............ Petty CXDENSC8 .....w...c.s ,.0wm.lcnllr FIFA inSUFRRCG ....c./i/...00 cenvccnccrvites Mr. James Barber has sold his 100 Interest due ..... Inlerest Accrned «h rvevennk en apionee â€" erensubthen LOaB$ CcB POMHCICS® .ms .l, mmemes Cash in OfICC .............. "conireviicece CRER HEARMMICH .s.â€"0.0/00000â€"2â€"00gweviec Agents‘ Balantes \....s..s an.m ie« Fire. lz.mnce Premiums advanced OMCC AUTRIUUTEG ......,.0;..:. 0 +o0mmmmarenls Prémiums dutstand‘n3 and deferred and premium notes Less for collection ... Debentures taey, M. Gimbel, E. Prange and Telier, &,u@l; (L. Furtney, _ W. P. MeCALLUM, Teacher. NEW HAMBURG. Liabilities W Â¥eb. 18.â€"Stock and implements | We are now a complete range> ce (iee oas m erenee of_ _ ‘Ut yeinex chcvine abomplnte mhees mm:*mum Staples. . These consistof© _ > > Â¥eb. 19.â€"Stock and ..‘ usls * ts ‘?_"‘? thel Jno. Heeer, 3f mathe wl 9t Brox ons o liita > " _‘ | vil#, on the Town lins, between Welâ€" ‘ ; . e . * for all Feb. 17.â€"At . Willtameburg, â€" ml&hflm,m in / whikre w iGaemsint (rr Feb. . 21.â€"Farm stock and ~impleâ€" ments of < Chas. D. Schnoider, | 34 miles cast of Berlin. f Â¥Feb. 32â€"Real estate of Mrs. Tomâ€" uaotflwocmy. ~Feb. 24â€"Stock and implements . of Feb. 25â€"Stock and implementsâ€" of ‘Jalm.la.-h-d‘d Weset Montrose ‘on Guelph road. Feb. 26â€"Stock and implements _ of Geo. Alles, 2} miles east of Bamâ€" berg and 2} miles west of Erbsville. Feb. 28thâ€"Stock and implements of: John L. Mayer, 1 mile south â€" of Josephsburg and 2$ miles north of St. Agatha in the â€" Township of Wilmot. . Feb. 39.â€"At the Mannheim hotel, chattels ~and real estate of the March #â€"Stock and implements of ua.x;m,un.m.u.m Section Township â€" of Wellesiey, 3 miles east of Linwood. _ © _ _ March 3.â€"Stock and Implements of N. 8. Bowman, Lot 16, Con. 3, Wilâ€" mot Tp., 5 miles south of Baden, 5 miles northeast of Plattsville, 5 Feb. 20th.â€" Stock and Implements ol : Heanry Krmft oneb,U mile west of Preston, on Pine bush road, ~ beâ€" tween Borlin and Blair romad. . â€" 5 miles March 10â€"Stock and implements of Benj. ‘W. Lichty, 1$ miles northeast of â€"St. Jacobsâ€"and 3 miles : south of Elmira. %e â€" Mar. 4.â€"Stock and implements 0: John L. Weber, 1} miles east of St. Jucobs and 1$ miles west of Conse March 13â€"Stock and implements of John R. Smith, 3 miles east of Welâ€" lesley at Berlet‘s Corners. ies March 17â€"Stock and implements of Jonathan Jantzi, 3 miles west of New Dundes and 3 miles. south of Petersâ€" burg. . March 20thâ€"Stock and : implements of Stephen Hummel!, 2} miles . south Breslau on Guelphâ€"road. of New ‘Germany on Kossuth road. March 3.â€"Stock and Implements of Jacob Busch at St. Clements. In schedule curling Lriday evcn‘ng E..F. Seagram and Chas. Moogk de faulted to F. G. Hughes and J. J. &. Weir respectively and J. Hespeler won from D. C. Kunts by a score of 16â€" March 11â€"Stock and implements of $11,773.84 28,015.66 57,866.95 8,827.67 49,065.16 8,761.14 2,378.17 4,383.12 8,225.53 1,839.85 1,283.57 378.42 $1,171,035.43 ~â€" â€"©1,800.00 $ 40,688.50 Â¥161,009.90 1,076,427.43 2,250.00 $ 40,030.28 $189,021.29 169,760.66 75,370 .65 558.42 1,088.481 207.55 2,000.00 ¢ $ Mr. Aaron Merts bas left on an &râ€" $1,119,038 44 |mvmmuuuhm-r. $1,409,111.76 $1,319,383.98 $ 308,796.95 $ 89,1237.18 "*~\9 B BRICKER & returned sSptnding several : days with u":m Miss Hilda Dill, Of Personals.â€"Miss Edna Krauter _ . .. EVERY YOUNG MAN â€"_ (4 will my it was the best tnvertment he eÂ¥er madeo ; =@: 5 He will learn to write"well, to figurs secarately and qu to write & good letter, learn what is necessary of t lsw U t a o it rgin mhot i hm ot boatma To Molase 208. 1 menton B0 fin m C o ng Catalog free. NEW : > ~$ 4 ' : $s _ fl t 8 Dress Goods and $: . Cotton Goods.â€" 3 Those who are doing spring .sewing will be very much, «© . interested in our new goods, as they mnq,n”“z ; reasoumble in price; * * s es o o ol wC samplés h e t " oS aoy 4 i “ ;dl ks x C near s m-*ipo- request. If you 1 send wil Feby. 10th, 1908. This week we begin with>=New Cioods,. New Drem ; % _ . Goods and New White Cottah Goods, : New - s $ New Laces, the largest colléction "we have ever shown.. # .‘ .. N W LANG BRBOS. &W‘ BERLIN: .. > _ We are showing speginl patterns and designs in CRUMS, ASHTONS, and. Patter‘a PRINTS a‘l at W D. EULER, Priacipal. 12 1â€"2¢ a yard. has im |Satts: _ > U a.l\ Da Shirtings CGinghams Livens I‘sble Oils Mr. utn , Of Hanovter, was the ima.“.'m. Mr. !. Mt. All® Knart, our focal thopper, 18 these days. _ Mt. io dn ol s e of atain ] "wot." â€" _ > ab M k :.t"*_udll -umy- 1(4A w yA

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