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Law Will Be Enfo. jed And Sales Taz Arrears Paid, Declares Hon. W. D. Euler Real Tribute Paid New Minister of National Revenue Who Speaks at Banquet Gién In His Honor by Kitchener Board of Trade.â€"Outlines Plans to Check Smuggling. REVENUE WILL BE INCREASED BY MILLIONS THIS YEAR Every dollar collectable owing to the Government will be collected. This was the emphatic statement made by Hon. W. D. Euler, Minister of National Revenue, at a banquet tendered him by the Kitchener Board of Trade on Monday night. The latter in this tangible way honâ€" ored Kitchene~‘s first Cabinet Minâ€" ister. It was the 41st annual of the Kitchener Board of Trade. Nearly 300 diners sat down at the Walper House. Among the distinguished guests were Hon. C. A. Dunning, Minister of Railways; Hon. J. C. Elliott, Minister of Public Works; Senator Rankin of Stratford; A. M. Edwards, M.P. for South Waterloo; Karl Homuth, M.P.P. for South Watâ€" erloo; W. G. Weichel, M.P.P. for North Waterloo; W. G. Raymond, exâ€" M.P. of Brantford; C. M. Bowman, exâ€"M.P.; Mayor Ratz, of Kitchener, and C. M. Cayley, M.P.P. of South Oxford. R. D. Boughner, president of the Board of Trade. presided. Splendid Ovation Mr. Euler was accorded an ovaâ€" tion by his home town folk, it being the first time that he made a public speech in his home town since his elevation to the Cabinet. It was in dealing with the arrears of sales tax amounting in four million dollars and involving two thousand firms, six months ago and now but 1,500, that the Minister said every dollar would be collected. Mr. Euler anâ€" nounced that though the taxes had been decreased there was a distinct increase in revenue, and he expected that the total this year would be from $25,000,000 to $30,000,000 more than last year, when it was $314,â€" 000,000. Since April 1st the income has been $3,000,000 more than in the To Curb $Smuggling The speaker outlined plans for the curbing of commercial smuggling, the greatest evil the Department has to contend with,. and he said the Department would make it so unâ€" comfortable for those engaged . in this work that it would not be worth ‘"There are a hundred reasons why Nungesser might have failed., The same reasons might have brough me down," said Captain Charles A. Lindbergh in the first| general interview he gave at the American Embassy after telephonâ€" ing to his mother. t "It was much harder for him than for me. too. Flying west all condiâ€" tions are worse. I had everything in my favor except that unexpected rain. sleet and fog for about 1,000 miles in midâ€"Atlantic. But when Nongesser and Coli got off the weaâ€" ther was terrible over the western Atlantic. Planes were down over most of Eastern America. "One thing that might have brought Nungesser down is sleet. In five minutes sleet forming on the front of the wings will bring down any plane. When I hit sleet I was fortunately able to rise quickly above It, but Nungesser may have run into it low. VYOL, XLJ, NO. XXIL ‘‘They may also have been forced down in the icefields north of Newâ€" foundland, and if so there was not one chance in a thousand to. find them." The Worst Danger He began the interview by saying the worst danger he and his plane ran was at Le Bourget Field, France, when the enthusiastic crowd pulled him from his plane and ran shouting with him across the field. "I started with the advantage of having good flying to Newfoundland,. which is unusual," he said, "and only got into bad weather well off the coast. I will admit that was bad enough for me. "I was not looking for ten hours of flying through continuous rain, sleet and fog, and instead of only 100 feet above the sea and most of the way, I had to go up, the throttle wide open, at 10,000 feet to keep above the storm." "From maps I had and what 1 had read at home, I knew England was a sort of hilly, rolling country; Lindbergh then began to tell how he recognized the country over which he was flying. Lindbergh Tells Story Of Flight From New York to Paris | "Pardon me," came an interrupâ€" tion from one of those in the rear of the group of listeners. He had |been listening intently to the flyer‘s story, but was now edging forward. ,_ "I‘m Cobham," said the stranger. "I‘ve flown over from England this morning to shake the hand of the _most daring pilot I‘ve known." i "What I want to know most," said the Englishman, "is that you steer ‘by dead reckoning?" 1 "I had to," replied Lindbergh. ‘I ihad no hands for a sextant. I used an earth inducing compass, called a Pioneer Earth Inductor and it brought me to the coast of Ireland ‘within three miles of the Great '(‘lrrle indications. ) "I steered by dead reckoning from Cherbourg to Paris too and hit Paris. It was the compass that did it." ‘"What about gasoline?" asked Cobham. while for many of them to continue ! in that game. He announced de-i finitely that the Department intendâ€" ed to enforce ll}e law, without fear % or favor, and that beneficial results , were anticipated. He intimated that the Government may make it legnl’ for Canadian visitors to the S!a!esi to bring back home with them $50| or $100 worth of goods that would | not be liable to tax. An nnuounce, ment was made that exp’en appraisâ€" ers are now in the States and Eurâ€" ope studying and that as a result better value appraisal would be made for tax purposes in the future.| Welcome to Ministers I should like to join with you in welcoming to Kitchener my two colâ€" leagues, the Minister of Railways and the Minister of Public Works, as well as my chum, Senator Rankin and other colleagues in the House of Commons. a real breath from the vigorous west, and I need not assure you that he is well able to take care of himâ€" self in any kind of a fight. As for the Minister of Public Works, the Hon. Jack Elliott, he is the man who spencs a large portion of the money 1 have to collect. His opponents say he spends too much, but that can hardly be true as he is of Scottish extraction. Of course it must be reâ€" membered he isn‘t spending his own money. Tonight he has asked me to announce to you that he is preâ€" pared to put an item in next year‘s estimates to dredge the Grand River from Lake Erie to Bridgeport so fhat boatloads of Scotch may come to the new liquor stofes without loss of time. With regard to my friend Charlie Dunning, it is unnecessary for me to say anythingâ€"he will speak to you and you will recognize in him Somehow or other that thought reminds me of my friend Billy Weichelâ€"I have some good news for him. I have been told that he has great difficulty in finding a sufâ€" ficient number of men to man the (Continued on Page 5) France pretty flat and Ireland inâ€" mss in clined to be mountainous. So when Action Must Be Taken At I saw pretty high ridges off in front I knew it was Ireland and so Iâ€"* Lindbergh, abashed by from Sir Alan Cobham, world‘s greatest pilots, say : s you "I had 451 gallons when I started ond only burned twelve gallons an hour (which would have made 402 gallons) so 1 could have flown anâ€" other thousand miles." "I didn‘t get sieepy," said Lindâ€" bergh. "You see, I didn‘t have the wind in my face, being down in the cockpit, and that is the secret of that." "How did you keep awake?" Cob ham wanted to know. He then told Cobham his total food for the trip was a sandwich and half and one cup of water. Asked if the flight made him believe comâ€" mercial« transâ€"Atlantic flights were feasible, he said; ‘"Yes, if there are landing places, big. midâ€"ocean landing flelds. It is too big a jump without them." Thanks. Of course I‘ve heard of Steered by Dead Reckoning 6 EY this tribute one of the could only ) HON. W. D. EULER ]Who Declares That Customs Law ? Will be Fearle;sly Enforced. COMMENCEMENT â€" EXERCISES o AT SEMINARY At the special meeting of the rateâ€" payers of Bridgeport held on Thursâ€" day last in reference to the source from which the village should se: cure its power and light, no decision was arrived at. About thirtyjattendâ€" ed, Earl Rotharmel being ‘in the chair and Manasseh Wagner acting as secretary. A vote on three proposals preâ€" viously made was taken at the meetâ€" ing. Four voted for amalgamation with Kitchener while eight voted On Thursday evening lasi the commencement exercises of the Evangelical Lutheran Seminary of Waterloo were held in St. John‘s Lutheran Church when the graduatâ€" ing class comprising Louis G. Bald. Sebringville, Ont.. Eldon G. Ernst, Mahone Bay, N.S., George A. Gordier * Iroquois, Out.. and William A. Mehleabacher, Humberstone, Ont.. were presented with diplomas of sraduation. Rev» J. Maurer, D.D., president of he Board of Governors of the Semiâ€" vary, made the presentation of liplomas to the young ministers. Rev. C. S. Roberts, pastor of St. vhn‘s Lutheran Church, preached the sermon to the graduating class in which he dwelt on the sacredness of the calling they are about to onter, and the need of wholeâ€"hearted ind prayerful devotion. He emphaâ€" sized that the chief work of the minister was the preaching of the word of God. The valedictory speech was given by W. A. Mehlenbacher who expressâ€" ed his grateful thanks for ins inâ€" terest of the people of Waterloo in the members of the class during the time they spent in Waterloo. BRIDGEPORT RATEâ€" PAYERS DISCUSS POWER QUESTION against it; three favored buying power from the rural lines with ten opposed to this course while only six voted in favor of establishâ€" ing a hydro commission in the vilâ€" Presentation of Diplomas Made by President, Rev. Maurer; Able Serrion by Rev. C. S. Roberts. ige with a village subâ€"station, alâ€" though no one voted against the proposal. Among those who addressed the meeting were Mr. Bechtel, a memâ€" ber of the Baden police trustee board which is in charge of the hydro in that place, and C. A. Mcâ€" Donald, in charge of the hydro municipal lines in Waterloo and Perth counties. The latter stated that some course would have to be decided upon promptly as the Bridgeport lines and equipment are in such a state that they may be closed down at any time. WATERLOO CONTRIBUTED $550 ON "VIOLET DAy" The monthly meeting of the Watâ€" erloo Auxilfiary of the Freeport Saniâ€" torium was held Monday afternoon in the Council Chamber. Splendid reports were given of the result of "Violet Day" which showed that the citizens of Waterloo had contributed the commendable sum of $550.00 to this worthy institation, which money will be spent in Watâ€" erloo to supply some of the needs for the Sanitorinm. Special mention should be made of the women of the Auxiliary who worked so untiringly canvassing each home, also the Young Ladies‘ ‘and the Boy Scouts Must Be Taken At Once For Power Will be Cut Off. eorge A. Gordierféost of Structure Would be About i; and William A.| $5,000 and Could be Used for V WATERLOOQ, ONTARIO, THU3 , The Kitchenerâ€"Waterloo Hospital Commission, at is meeting last week, discussed measures to lessen |noises about the hospital caused by |trucks and cars of physicians and | visitors who use the road in front of \the hospital. The condition of the }rondway at the rear of the hospital |has resulted in the trucks and cars iapproaching the hospital from the 'fmnl, adding to the noises which have proven disturbing to patients. I"he Commission decided to repair the road at the rear so as to make J fit for traffic. Other routes to the rear will be blocked. t The big annual Tattoo given by the Waterloo Musical Society for the fifteenth consecutive geason on Friâ€" day, June 10, promises to be the biggest and best of its kind ever given in Waterioo. Vaudeviite and Fireworks The tattoo committee has left noâ€" thing undone in order to give the ‘(homdn of people attending the ! tatto0 a great and varied program. , It will include four big highâ€"class ;nct- of â€" vaudeville. The Aerial | Yorkers will probably be the best, flhetr performance in midâ€"air on an enormous aerial structure being !mosl superlative and fascinating. AVERAGE 50 PATIENTS AT K.â€"W. HOSPIT AL WA Stage Set For Big Event of the Season, June 10. Record Crowd Promised. Chairman Fred Moser of the buildâ€" ing committee of the Waterloo Park : Board presented plams at a recent meeting forâ€"a new bathing house . which it is proposeédij4p erect at the Waterloo park at a cost of $5,000. The structure would be of brick and of fireproof{ construction and proâ€" , vide locker room accommodation for | 372 bathers. It could also be used as ’ a dressing room for skaters and toâ€"â€" bogganers in the winter. The build~[ ing would be 40 x 20 feet with a | wing 12 x 20 fec‘, the proposed locaâ€" | tion being west of the band smnd.I The plan also provides lockers for’ the ladies to the nuimber of 100. Oni the second floor lockers will be proâ€" vided for the men and boys. Thero‘ will also be provided a refreshment | booth and shower bath. A heating! plant will also be installed. t 75 Operations Performed in April; Want Noise Nuisâ€" ance Stopped. Dr. Walters in his reporl stated that the number of hospital days for free patients from the county during the past month was 55; from Kitchâ€" ener, 236; from Waterloo, 38; makâ€" ing a total of 329 free hospital days The total number of paid hospital days for April was 1.305. Of this number 180 were for patients from the county, 1,066 for Kitchener paâ€" tients, 55 for Waterloo patients, and four from outside patients. The total number of hospital days for the month was 1,634, making an average number of over 50 patients per day. This is lower than that of March when the average number of paâ€" tlents per day was about sixty. He also reported that 75 operaâ€" ons were performed at the K.â€"W. hospital. Sixteen births and eleven deaths occurred at the hoapital during April. > N d OO COOâ€"Oâ€"â€"â€"Oâ€" Woor] was recelved last week by tor their saplendid help, as well as Charles Cousin, a member of the those who so willingly supported our Waterloo Band, that his mother had cause with their gifts. | passed away in Italy on May 3rd. Another special feature will be the Ga‘t "Y" Troupe in clever acts of strongâ€"armed gymnastics. Another clever act will be given by ‘"The Hellkivists" featuring the spectacular "Smoke Dive" swooping earthward like flaming meteors into a fiery pool. Five Bands There will also be five bands, inâ€" cluding Kitchener Regimental Band, Kitchener Famous Ladies‘ Band, Watenloo M. S. Band, Elmira M. S. Band and the WaterIo Boys‘ Band. Fireworks A great display of fireworks will be given and promises to be better than in former years. The many thousands» of people who will attend the big tattoo on Friday, June 10, are assured of one The Peerless Performers will give a sersational aerial trapeze and cradle act. MAY ERECT MODERN BATHING HOUSE AT WATERLOO PARK 222007, June 10, are assured of one of the best programs ever given in Western Ontario. In case of rain the event will be held Saturday night, June 11. Both Bathers and Skaters. | pos ] the Ig17s I Property owners residing adjacent ie the lands owned by the Waterloo Water and Lisht Commission, Wil !li:un St.. appeared before the comâ€" mission at its meeting last week with regard to having a suitable fence erected around these grounds . which are being used as public playâ€" !grounds. Dr. Geiger and Messrs. fir&%\hmer and Burwell repreâ€" kgemedfthe roperty owners who preâ€" senfed a petition sifined by five out of six property owner claiming 'rh::: the grounds were a nuisance to adjoining properties owing to the "r‘-spa.:sinu of the children. Messrs. ‘Henderson and Gies were appointed a committee to arrange for the erecâ€" tion of a snitable fence, the property jowners to bear half the cost as proâ€" |posed by Chairman Henderson of I port WATER RATES EXCESSIVE on Frederick ©St. from the end of the present limits, the Shantz farm, to the Goldbeck property, the ownâ€" ers of the latter property wanting water connection, which would cost $175 and part of which they are willing to assume. It was suggested that the best course would be for the town council to pass the necesâ€" sary byâ€"law providing for the work, although no decision was arrived at. It was stated that the electric deâ€" partment hbad a surplus of approxiâ€" mately $10,000 less about $2300 plus interest due to the Hydro Electric Power Commission on rural lTines. The government liquor store which opened for business in Kitchener on Wednesday, June 1st, did a brisk business. Upwards of 700 permits have been issued and the clerks are likely to be kept busy during the week. ments made, haying regard the circumstances. In view of the fact that having due regard for the wishes of the property owners. The situaâ€" tion will be investigated. The commission discussed the adâ€" visability of placing a water main TEST NEW PUMPER The new fire pnmper and truck which arrived on Monday was tested on Tuesday night when a trial run was made. The members of the fire and light committee and Fire Chief Karges expressed themselves as be ing highly pleased with the new truck. m “"_i‘_-smlnunm PACKING COMPANY . y ce cmmineiitp edudih ce o4 OFFERED FOR SALE.â€" Brisk Business Done on Openit Day Wednesday; Albert Mergott is the Vendor. D. B. Hanna has authorized the local vendor to do a mail order busiâ€" ness which means that people reâ€" siding in various parts of the county may secure a supply of liquor by mailing permit which will be returnâ€" ed to them, along with order. Big Stock of Liquor The store has a stock of varied brands of liquor. About 1000 cases of liquor have been placed in stock. The shelf space provides for 294 different brands of liquors, wines and beer. in School Boards Protest Against Charge Made by Water Comâ€" mission; Larger Mains 6000 Required. In view of the fact that Bridgeâ€" port road will be paved, the commisâ€" slon discussed the desirability of providing a sixâ€"inch water main on that road east of Moore avenue. It was the opinion of the commission that ample provision should be made for the future in laying both water and gas mains, at the same time having Jdue regard for the wishes cashier; W. C. Hearn and Ernest Hobson, clerks; and Louis Moebus, night watchman; John Stumpf, inâ€" spector at Huether Brewery, Jacob Schnitzler, inspector at Kuntz‘s Brewery, and Martin Huehnergard, inspector at the Brewers‘ warehouse which is located in the Alpha Chemâ€" ical building, near the C.N.R. station Personnei of Staff The officials appointed by the zovernment for the new liquor store are as follows: Albert Hergott, venâ€" dor; Michael Roos, assistant vendor; Harold Lavber, former bookkeeper of the Lippert ‘Table Company, The public school board recently Kitchener commission LOSES MOTHER to all Other prizes which were awarded were the Bieber prize for English literature presented by Dr. Willison to Carl Klinck; the Holy Trinity (Greek prize presented by Rev. Prof. 8. W. Hirtle to Harry Bastz; the Louis Peine award for German pre sented by Rev. H. Schorten to Herâ€" bert Kalbtleisch; and the Martin Latin prize presented by Rev. 8. W. GRADUATION EXERCISES â€"AT WATERLOO COLLEGE On the platform with the chairâ€" man were Rev. J. Maurer, D.D. president of the Board of Governors of the College, Rev. Prof. 8. W. Hirtle, RWy. H. Schorten, D.D., C. H. Little, [)k%ptw. H. Henkel, Prof. R. V. E. Hirtfe>M.Sc.., Gerald Hagey, physical instructor, and the graduatâ€" ing class comprising John Miller, Harry Baetz, Norman Keffer, Carl Klinck, Albert Lotz and Garnet Schultz. Dean Potter, who stated that the chief purpose of the meeting was to honor the members of the graduatâ€" ing class prior to their final deparâ€" ture from the school, paid a high tribute to the men whose foresight and energy had made possible the establishment of the institution in connection with which he made parâ€" tieular reference to the active part taken by the late Dr. Hoffmann. vaduating . exercises of the first wraduating class of the institution, the exercises being featured by: the presentation of medals and scholarâ€" ships for the year. Dean Alexander O. Potter, Ph.D., acted as chairman of the meeting which was opened with an invocation by Rev. Prof. N. Willison, °Litt.D., Registrar. He also took occasion to thank the Board of Governors and the Faculty for the assistance rendered during he year and the application of the atudents in their studies. Public speaking medals donated by the K.â€"W. Rotary Club ware preâ€" sented by its president, H. M. Cook, to Louls Hagey, gold medallist, and (George W. Roberts, silver medallist Miss Armstrong‘s. successor is still to be appointed. Wl Among those who took part in the No e discussion were D. A. McDougall of ATTENDING CONVENTION Brantford, who claimed to have Mrs. Maurice C. Sturm is attend. SOM® $4.000 invested in the comâ€" ing the convention of the board of PAUYâ€" He questioned the legality of fovernors, V. O. N. for Canada, at the meeting and also the regularity Ottawa. Fppamata n en on td wC Presentation of Medals and Scholarships to Students Feature of Exerâ€" cises. INCREASES IN SALARY ARE The provincial attendance officer, in his report, congratulated the Board on the satisfactory way in which the attendance at part time classes had been arranged while the report of the vocational education inspectors also showed conditions at the institution to be satisfactory in every respect. Of those whom the committee deâ€" cided to reâ€"engage the following inâ€" creases were agreed upon: Miss Timm, Miss McDonald and Mr. Kerr, one hunred dollars each, Mr. Fred Dickson and Mr. St. John, one hundred and fifty dollars each, Mr. Roy Dickson, Mr. Philp, Mr. Tacon ind Mr. Pugh, two hundred dollars sach, Mr. Black, four hundred dolâ€" ‘ars, and Mr. Weston, five hundred follars, making the total increase n salaries for the year twentyâ€"three ‘undred dollars. In order to fill the two vacancies m the staff caused by the resignaâ€" jons of Miss McCredie and Miss "hisholm, and an extra position to handle extra work of next year, they aave engaged three very . well ualified teachers. They are Mr. ,yon of Chesley High School, Mr. 4arding, formerly of London Public 3chool, and Miss Stock of Tavistock, i medallist in modern languages. The Kitchenerâ€"Waterioo Collegiate Board at its meeting last week adopted the report of the Educsâ€" tional Committee recommending the reâ€"engagement of the present memâ€" bers of the teaching staff with the exception of the three that resigned and the engagement of three new teachers. Salary increases for the present gtaff aggregating $2300 were also stipulated. Provincial Officer Congratuâ€" A large audience assempled in the tymnasinm of the Waterloo College ast week on the occasion of the lates K.â€"W. Collegiate on Satisfactory Reports GRANTED LIQUID ASSETS $125,000 strnction received at the college and the efforts of the instructors and all identified with the institution to assist the members of the graduatâ€" Ing class to attain snccess in their studies during the four years they had spent at the college. He made reference to the efforts of the faculâ€" ty and especially to the unceasing labors of the Dean which had re sulted in the affiliation of the Facuity of Arts with the University of Western Ontario. During the four years they had spent at the Inatitution he said they had witnessâ€" od. in addition to the two existing unites (the Seminary and the High School Department) the establish ment of a new unit, namely, the Faculty of Ars, offering a four years‘ general arts course. and H. H. Gray (the members of the committee being suggested by variâ€" ous shareholders present) be a comâ€" mittee to act as representatives of the shareholders in _ conjunction with the directors to secure offers for this business ‘and to report back to a meeting of the shareholders on June 15." The meeting then voted to adjourn until that date. & Hirtle. as proxy for Mr. J. B. Martin cf Waterioo, to H. Leuis Hagey. Prof. Gerald Hagey made the preâ€" sentation of the medals which were won in the senior group at the anâ€" nual field day. Weldon Barclay reâ€" ceived the gold medal, having 11 points, Harold Ruppel was given the bronze medal, having 10 points. Grant McLennan was awarded the bronze medal having % points. Prof. R. J. E. Hirtle on behalf of the faculty, presented the Augustine Scholarship of $50 to be applied to tuition next year to Lloyd Schaus of the freshman class. The Augustine scholarship was founded by A. W. Augustine as a memorial to his father, the late A. B. Augustine, M.A. Receiving his third honor of the evening H. Lonis Hagey was awarded the A. R. Kaufman scholarâ€" ship founded in memory of the late Jacob Kanfman to be contested for in the junior year. The amount of the scholarship is $50 and is also to be applied against tnition in 1928. Rev. C. H. Little made the award. Rev. H. Henkel made the award of the Potter scholarship of $50 which had been founded by Dean Potter, to Herbert Kalbfleisch. who was voted by the faculty as being the student most worthy ‘of this medal for genâ€" eral proficiency. Marry Baetz gave the salutary adâ€" dress to the faculty and the incomâ€" ‘ng senior class of 1928. He paid tribute to the excellence of the in struction received at the college and The following resolution was passâ€" ed after Mr. Wild‘s representative had agreed that Mr. Wild would conâ€" tinue as guarantor of the bank until June 15th: "That W. G. Weichel, Dr. A. E. Ruddell. A. Jansen, J. A. Schroder, A. Hergott, J. H. Woods and H. H. Gray (the members of the committee being suggzested by variâ€" cording to the auditors‘ report, repâ€" resented by a valuation of $180,000, subject to a mortgage of only $25,â€" 900. H. H. Gray, of Hamilton, one of the shareholders present, pointed out that this meant that after taking care of the $2000 difference in liaâ€" hilities over assets, there would be slow assets available for the preferâ€" ence shareholders to a value estiâ€" mated at $153,000. & As a result of the unwillingness of the principal and controlling shareholder of the company, Hugo Wild, of Montreal, to continue furâ€" ther as a guarantor of the company‘s advances at local banks totalling $110,000, the sixty sharehoiders of the Dumart Packing Company of Kitchener gathered at a meeting held on Wednesday, May 25th, voted to advertise for tenders for the sale of the business as a going concern. Another meeting will be held June 15th to consider any tenders which may be received. The suggestion at the meeting was either for reâ€" organization or possible liquidation. The above action followed an analysis of the statement of the fnancial condition of the "company s shown in a report from independâ€"~ ant auditors, dated April 9th. The recent statement showed the liquid or quick assets to be approxiâ€" mately $125,000, whereas the current abilities are about $127.000, a difâ€" ference of somewhat less than 32,000.. As against this, there is an equity of $155,000 in the building acâ€" cording to the auditors‘ report, repâ€" resented by a valuation of $180,000, Shareholders Discuss Future of Business at Meeting Held May 25; To Reâ€"organize or Liquidate. (Continued on Page 4) w o