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Hedley Gazette in Hadley, British Columbia

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Newspaper

Hedley Gazette

Location

Hadley, British Columbia, Canada

Date

Mar 20, 1913

Page

2

Similkameen Becomes Great Industrial Centre at Vancouver

Proceedings of the Third General Meeting of the Shareholders of the British Columbia Portland Cement Co. Limited held February 6 1918 at 615 Hastings Street West Vancouver. Officers and directors were noted with quorum established. Reports read include the Auditor’s condition as of December 31 1912 and the Treasurer’s financial statement for that year.

British Columbia Portland Cement Co. Limited British Columbia Portland Cement Co. Limited Te Company Hastings Street West Vancouver B. C Ing Harvey LW. Shatford M. W A. Rutherford B.C. Alexander T. W. Stone G. R. Briggs B. Stacey J. J. B. McCague dJolm Orr Ward M. White A. BE. Underwood SS Nil H. C. Harry K. I. Verral J. A. Harvey C. R. Briggs Sec Alfred Shaw C. BR. Briges B. OG Iherewith K. C L. W. Shatford M. P

Financial statement of December 31 1912 totals

Condensed financial statement shows receipts and liabilities as of December 31 1912. Cash on hand and in bank January 1 1912, subscriptions to bonds and stock, tolls payable, bank advances, rebates, interest, and sales of mass rentals amount to 725325 20. Auditor Alfred Shaw certifies the figures as part of his report.

Vancouver Cement Company Treasurer’s Report 1912

The Treasurer reports steady financial progress in 1912 with subscriptions rising from 255000 to 338800, about 275 shareholders mainly BC residents, and receipts of 130484 from subscribers plus 82466.51 from other sources. Audited books show detailed asset liability statements, and the company highlights expenditure on plant and machinery, with potential reimbursements from United Empire Co and Great Northern Railway. Directors note the tight money market, delayed rail spur completion, and cautious funding to finish plant and machinery while aiming to secure working capital and avoid delays.

Weapet Shige B. C Portland Cement Goeheete Great Northern Railway Co United Empire Co Fe Aeeeteanes Landry Reed Ee Peerecunetee Barbeee Arte Ee Etree Annes Sandry British Columbia Beme Alfred Shaw United Empire Co. Limited Great Northern Railway Company United Spire Co. Limited Crarever R Burass Board of Railway Commissioners

Also Mentioned on This Page

Similkameen Portland Cement Company Alpred Shaw Similknaimeen River Comming Art Gost O East Pennewton WA Harvey K.C Phint
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