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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 19, 1975, Lethbridge, Alberta 20 THE LETH8BIDGE HERALD Ftbruiry 1i, 1975 Shareholders Abortion in old Alberta company sought EDMONTON (CP) A cor- porate liquidator is looking for shareholders in a company that went out of business 50 years ago. United Oils of Alberta Ltd., which had been listed on the Edmonton Stock Exchange, went .into liquidation May 28, 1925. The Security Trust Co. Ltd. of Calgary was appointed liquidator and designated to wind up the oil company's shares. Security Trust ultimately ran into difficulty and in 1968 Peat, Marwick, Mitchell and Co. was appointed receiver for Security Trust. Peat, Marwick eventually discovered that not all the remaining assets of United Oils had been sold and dis- tributed, says John Bowles, a partner of the firm in Calgary. "Up until 1973 we did not know about United but that year Peat, Marwick, through Security Trust, received a court order to sell the remaining certificates in the United Oils account, Mr. Bowles said. The sale yielded "a fair amount of money which is be- ing held in trust." The authorized receiver is seeking to distribute these funds, less costs, to the shareholders at the time of liquidation of United Oils of Alberta Ltd. The receiver has acquired an old list of shareholders and mailed letters to the names on the original list. "So far we have had only one letter returning a cer- tificate, and several other people have said they believe their father might have held some of the Mr. Bowles said. The receiver recently applied to the Supreme Court of Alberta for advice on what step to take next, and was told to publish a notice of liquida- tion in major newspapers across Canada. The notice asks shareholders to deliver their certificates to Security Trust in Calgary or "satisfactory evidence that such cer- tificates have been lost or misplaced." The notice adds that if any shareholder fails to respond within 60 days of the notice's publication, the liquidator is free to direct any unclaimed proceeds to the public trustee of the province of Alberta. Secret papers suggestion receives cool reception OTTAWA (CP) A sugges- tion that an independent tri- bunal study whether govern- ment documents should be made public received a cool response from Privy Council President Mitchell Sharp Tuesday. The suggestion was made by Ray Hnatyshyn toon-Biggar) Senate- Commons committee on regulations and statutory instruments. The committee is studying the government's policy toward secrecy and how its information practices conform with the public's right to know. Mr. Hnatyshyn suggested that an independent tribunal, similar to the auditor-general, be entrusted with the power to assess in camera whether a document should be made public. The government would have the final say on whether the document would be made pub- lic, but the tribunal's opinion would be made public, he said. Mr. Sharp said a member of the judiciary sitting on such a tribunal likely would come to the decision that the govern- ment has the responsibility to decide, disclosure of public documents. Mr. Hnatyshyn said the tri- bunal would be a way of "keeping the government honest... in the interpretation of its guidelines" on the production of papers. The guides, first presented in March 1973, establish the general principle that as much information as possible should be made .available to MPs except where disclosure would interfere with the privacy of individuals, national security and ef- fective administration. Mr. Sharp said he did not feel such documents should be revealed if information in them had been obtained on a confidential basis. Paris pulls police 2 fiMt of tlMl ill around to ktw fti will climb poles, walk wim or underground to 9tt It fOOd MJppllM. RAT FACTS A pair of rats living three years could theoretically produce 350 million offspring. In India, rats outnumber people four to one. If you sec a rat during daylight, you have from 100 to 500 rats. K M Killing 80 ptrctnt of I population turvifon to reproduce more rapidly. K ft Only Half af the 225 million rats in North dmericn live in and Hits' Itois spreid bubonic plague and typhus. VELSICOL CORPORATION OF CANADA LIMITED llunMI RoM, MiuitMugi, Ontario PARIS (AP) France agreed Tuesday to pull out half the special police con- tingent it sent to keep things quiet on the islands of St. Pierre-Miquelon. The islands, with a popula- tion and French since 1336, bubbled up in anger last month over what its people considered to be France's lack of concern about the 93 square miles south of New- foundland. On Jan. 26, the island's gov- erning council walked out, ac- cusing the Paris-appointed governor, Jean Cluchard, of not respecting directives on salary talks involving civil servants. In a climate of strikes and demonstrations, Cluchard called in 60 special policemen from the French Caribbean island of Martini- que. The islanders demanded Cluchard's dismissal. Cluchard returned to Paris, and Olivier Slim, secretary of state for overseas territories, called a meeting on the situation. Stim announced Tuesday, after a first round of talks, that 30 of the policemen will be withdrawn, but that Cluchard will remain on as governor. Stirn also promised that the islands' airport will be enlarg- ed to handle large jet aircraft and said arrangements will be made to double the size of the islands' quarantine station for beef being shipped toward North America. This would jrovide additional income of about a year. INVITED TO MOSCOW PARIS (Reuter) French rime Minister Jacques Chirac will pay an official isit to the Soviet Union March 19-24 at the invitation f the Soviet government, the rime minister's office said doctor sentenced BOSTON fAP) Dr. Kenneth Edelin was sentenc- ed Tuesday to one year's probation for his manslaughter conviction in the death of an aborted fetus. Judge James McGuire of the Massachusetts Superior Court could have sentenced Edelin to up to 20 years in prison. McGuire said sentence would be stayed pending appeal of the conviction. Edelin was convicted Satur- day after a six-week trial. He said Monday he will continue to perform abortions if he is allowed to. "I have not done anything which was he said. "I will continue to do abortions. They are a woman's right and it is better if they are done in a hospital setting by someone who is trained." Edelin said his medical future depends on officials at Boston City Hospital, where he performed the abortion in 1973, and the state Board of Registration in Medicine. Monday night, an estimated to people carried placards and candles as they rallied on the Boston Common in support of Edelin. Interpreting the news New Zealand cuts apron strings ROWLING Prisoners support guards WALLA WALLA, Wash. (AP) Inmates of the Washington State Peniten- tiary have endorsed a planned strike by their guards, although it would result in confinement to their cells, a prison spokesman said Tuesday. A. J. Murphy, prison infor- mation officer, said the in- mates council had given its support to a strike by guards to back up requests for pay increases. By JOHN HAY LONDON (CP) New Zea- land is flexing its diplomatic muscle these days after years of lazing in Australia's shadow thinking about Mother England. Prime Minister Wallace Rowling, who has just left London for a tour of six Euro- pean capitals, has made it clear during his one-half year in office that New Zealand is to put less stress on its old dominion status and start to seek its interests in Asia, the Pacific rim and even further abroad. The inclusion on his current tour of both Romania and Yugoslavia marks a change in New Zealand's world view, which led to withdrawal of its embassy from MoscoW during the cold war. Rowing is holding to the for- eign-policy tack taken by his predecessor, Norman Kirk, who brought the current Labor government to power in 1972 but died last August. New Zealand has long been among Commonwealth mem- bers most tightly tied to the British apron strings. With 80 per cent of its exports going to Britain, there is still a reliance on this coun- try as a market for its lamb and dairy products as well as an important source of its cul- ture. For that reason, Rowling has named a cabinet minister as his new high commissioner in London. But, unlike former minister Paul Martin just appointed by Canada, New Zealand's Hugh Watt will keep his cabinet membership. Rowling has a special interest in the new appoint- ment as Britain renegotiates its terms of membership in the European Economic Com- munity To protect its vital British market, New Zealand sought and won special provisions in Britain's membership treaty with the EEC. Rowling wants those 1972 provisions main- tained or improved in any new British-EEC deal. While Canada and Australia have both said they hope Brit- ain will stay in the com- munity, Rowling said here recently he is not taking sides in that issue. What he wants is that New Zealand farm goods continue to enjoy easy access to Britain. Canada and Australia, on the other hand, see a wider benefit from Britain's EEC membership, counting on London as a bridge to the con- tinental market. Despite the entrenched commercial attachment to Britain, New Zealand officials here say their country can be expected to expand its in- volvement in less-familiar territory. INSTALLATION HUMIDIFIERS 1709- 2nd An. South" 328-5973 Give To THE ABILITY FUND (Formerly the March of Dimes) Ability Fund gifts help to develop and main-" tain assessment programs for the disabled so that a realistic goal can be set on an individual basis. A letter was sent to all householders recently. Donations shpud ber sent to the address on this letter. Help the physically disabled develop the abilities they do have HELP THE ABILITY FUND The Concerto digital clock radio 32 99 It keeps time. It wakes you up. It entertains you. 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