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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - January 24, 1907, Lethbridge, Alberta mm Kootenay Fruit Land The Famous Prize Fruit District of British Columbia. THERE IS MOKE MONEY IN FRUIT Ihnn in wheal or stwk. Dt-liglitful occupation, tnjoyable Burroundinns, ideal climate. COLUMBIA GARDENS is irrigated lands, and tho only irri-giitid land in Britisli Columbi.i where no charg3 is made for water. Pure tuountuin water couveyid free to every block. COLUMBIA GARDENS is the only irrigated tract in British Columbia that is lot uted on railway. Daily train service both ways. COLUMBIA GARDENS is farthrst south and lowest altitude ensuring f'-eedom from spring frosts. IRRIGATION MEANS WEALTH. KOOTENAY CLIMATE MEANS HEALTH. DESIRABLE FRUIT LANDS are rising rapidly in value �dl over British Cjlumbiu. Now is the time to buy a home in this land of Opportun.fy aiid Delipht, �>f Health and Happiness, of Sunshine, Fruit and Flowers. Write or call on- T. E. PATTESON 0t.t Block LETHBRIDCE, ALBERTA -For further particu'-ars. THE CAM BANK OF COMMERCE REPORT OF THE PROCEEDINGS OF THE ANNUAL MEETING OF SHAREHOLDERS TUESDAY, 8th JANUARY, 1907 The fortieth annual meeting of tlie Sliarelioldors of the Cnnadian Bank of Comnieroe was held in tho banking-house ou Tuesday, SUi January, 1907, at 12 o'clock. Tho President, Hon. Goorgo A. Cox, having taken tho chair, JVIr. F. O. Jem-mctt was appointed to act as Secretary, a"nd MeSsra. Aeniilius Jarvis and \V. M. Alexander wore appointed scrutineers. The President called upon.tlic.Secretary to read the aunual report of the Directors, as follows: Report The Directors beg to present to th c Shareholders tho fortieth annual report, covering the year ending 30th K ovcmber, 1900, together with the usual statement of assets and liabilities. The balance at credit of Profit and Loss Account brouglit forward from last year was .......................... 58,871 70 Net profits for the year ending 30th November, after providing for all bad and doubtful debts, amounted to ,.........$1,741,125 40 $1,789,097 10 Which has been appropriated as follows: Dividends Nos. 78 and 79, at seven per cent, per annum...... $ 700,000 00 Bonus of one per cent.............................. 100,000 00 Written ofT Bank Premises........................ 341,434 73 Transferred to Pension Fund (annual coutribution)........ 30,000 00 Subscription to San Francisco Relief Fund.............. 23,000 00 Transferred to Rest Account.......................... 500,000 00 Balance carried forward.............................. 103,502 43 SPORTING GOSSIP iDotible Your Money Htr�*s a chance for tlw Specolator to umIm  hundred per cent, before leoond payment is doe. We offer land in section lots for $1 per acre down. Land in less than section lots 91.50 an acre down. Jflberta Realty ?o* Fhona 141. C. R. DANIEL, Manager $1,71IU,0'J7 1� The entire assets of the bank have as usual been carefully revalued, and ample provision has been made for all bad and doubtful debts. Last year we were able to show carniiiga which were the largest in the history of the bank. This year we have again made satisfactory progress, our not earnings amounting to $1,741,125.40, or about $370.0110 moi-e than last year. In view of these handsome profits, your Directors decided that the time had como to incre.nse the annual distribution to the shareholders, and, in addition to the usual dividend at the rate of seven per cent, per annum, tliey liave declared a bonus of one per cent., making a total distribution ot" eiglitper cent, for the past year. After providing for this increased distribution niul for the annual contribution to the Pension Fund, wo have been able to write .$,'?41,434.73 olf Bank Premises, and to add $500,000 to the Rest, which now stands at $5,000,000, or 50 per cent, of the Paid-up Capital. In April last a terrible calamity overtook the city of San Francisco, where we have a large and important business. Having regard to our long connection with San Francisco throu^'h the Bank of British Columbia, your Directors thought it only fitting that we should express in a tangible manner our sympathy with the sufTerers, and they accordingly voted $25,000 as a contribution to the Relief Fund. In accordance with an agreement made in the early part of the year, this Bank took over, as on the 1st of June last, the business of the Merchants Bank of Prince Edward Island, which gave us new branches at Chiirlotlletown, Sum-mcrside, Alberton, Montague and Souris, all in Prince Edward Island. The branch which that Bank had at Sydney was amalgamated with our own branch there. The six months' experience which we have had with our new business gives us every reason to be satisncd with tho purchase. In addition to the offices thus acquired the bank has opened during the year new branches at the following points: in .'Vlbcrta, at Bawlf, Crossfleld, Oleich-en. Leavings, Stavely, Stony Plain,'Strathcona and Wctaskiwin; in Saskatchewan, at Canora, Humboldt, K:im3ack, L.ingham, Lashburn, R;idi3on, Vonu\ Wa^^ dena, Watson and Weyburn; in Manitoba, at Norwood, and at Alexap"**?^-enue, at Blake street, and at Fort Rouge, Winnipeg; in Ontario,"Ot Fort William, Kingston, Latchford, Lindsay, Ottawa (Bank street), I'arry Sound and Wingham, and at Parkdjle, and at 107 Yongc street, in the city of Toronto; in Quebec, at West End. Montreal, and in tho city of Qjebcc; in the United States, at the corner of ^'a^ Xoss nnd Ildd.v streets. Sun Franoisco. The branches at Sackville, X. B., and Canning and Lunenburg, X. S.. have been closed. Since the close of the bank's year branches have been opened at De Lorimier, Que., and Innisfree, Alta. It is with deep regret that your directors Z . tlie death of their late colleague, Mr. W. B. Hatniltnn - ..'},c, for nearly twenty-two years had been a director of the banV.. 'Cntil his health bc.fr^n to f.ail Mr. Hamilton was rarely absent from the meetings of tho board, where his long experience in busine-js made him at all times a wise nnd prudent counsellors. To fill the vacancy the directors elected the Hon. W. C. Edwards, of Rocl hind. An amendment to the by-laws will be submitted for your approval, increasing the number of directors from twelve to fourteen. In accord.tnee with our long-e=tabIlslicd practioe. the brmches and agencies in Canada, the United Stntes and Great Britain, atid the various departments of the head office of the bank have been inspected rfurin^the year. The directors have again pleasure in recoriling tl>eir appreciation of the efficiency and zeal with which the ofticcrs of.the bnnk have performed their respective duties. , G&ORGE A. COX, President. Toronto, 8th January, 10O7. GENERAL STATEMENT. 30TII KOVEMBER, IDOO. Llabllitleii. Notes of the Bank In circulation........................f Deposits not bearing Interest............ . .?22,G26,S99.72 Deposit! bearlnfc Interest. Including interest accrued to date........................ 64.525,637 10 9,199.204.GS Balances due to other Banks In Canada..................... Balances due to Agents in Great brituin ................... Balances due to other Banks in foreisncountrics.......... Dividends unpaid....................................... Dividend No. 79, payable 1st December.. ................. Bonus of One per cent., payable 1st December .. . ,.......... Capital paid up.....................'.....�10,000,00O.00 Rest................................... 6,000.000.00 Balance of Profit and Loss Account carried forward .............................. 103.562.43 87,152,536.82 17T,�23.57 39S,78t.5!i 1.063,750.89 500.94 330,000.00 100,000.00 15,103,562.43 (113,545,960.91 Coin and Bullion Dominion Notes.. Anseta. ..$ 4,041.458.76 .. 5,935,008.25 t 9.976,463.01 427.450.00 4,361.228.07 38,986.50 FOR THE BEST SERVICE IN LETHBRIDGE STOP AT THE [hotel Dallas! WE ARE ADVERTISED BY OUR SATISFIFD FRIFKDS The Tired Man's Comforter it a little roll of weed" carce Ave inches long, with the magic name "tobacco." Since Kaleigh't day the civilized world has shared the Indian's delight. Our modest share in the business of bringing peace is the supply of cigars.......... WALLACE & HOSELTON, Cigars, Tobaccos and Pipes. Deposit with Dominion Government for security of Note circulation ......................................... Notes of and Cliefiiiea on other nrvnlcs..................... Balances due by other Banks In Canada..................... Balances due by Agents ot the Bank and other Banks In tor- elgn countries ..................................... 2,4fi0.fiS0. 40 Government Bonds. Municipal and other Securities .......... 6.201.450.9.'i Call and Short Loans ................................. 9,001.395.03 % 32.467.662.10 Other Current Loans an-l Discounts ....................... 79,303.228.33 Overdue Debts (loss fully provlrlcd for).................... 125.812.19 Heal Rstate (other than Bank Premises).................... R9.472.14 Mortira^es ........................................... .17.336.0;'. Bank Premltea....................................... 1,300,000.00 Other AaseU ......................................... 222,449.52 $113,543,960.91 B. R WALJCRR. ~" _,_General Manager. The motion for the adoption of the rcpfirt was then put and carried. An amendment to the by-law.s, increaifiitf,' the number of directors from twelve to fourteen, was then passed, and the usual ic.solutions expressing -the thanks of the shareholders to the President, Vice-President and Directors, and also to tho General Manager, Assistant General Maniiycr and other oTieers of the bank were unanimously carried. U pon motion the meeting proceeded to elect directors for the coming year, Tha meeting then adjourned. The scrutineers sub.soquonlly reported the following gentlemen to be elected us Director* for the ensuing year: noN. r,y.o. a. cox. iton-. t,. MKr.\-rv joves. ROBERT KILGOUK, .mFllFTllC XtCHOUJB, m. t.foat. H. D. W.VPnEK, JA� rpATirffjix^ n. K. V,".\TKFR. joiTV no�Ktv. k.c., ix.D.. nnv. w. r. KmvARDS, .T. W. Ft awtxe, z. a. t .*SH. k.c., A. KiXfiMAK, E. R. wnnn. At a meefinsf of the npwlv-elpo*ed Board of Directors hold subsequently Mr. B. E. Walker was elected President and Mr. Robert Kilgour Vice-President. ICdmcnton Dullottn: "Moclipino Ilat will lanU the pennant UiKs ywr" �-us the bouqiiot Major Cousins of tbtit town had for tha Bulletin, whon son ot the Alljcrta today. His Wor-j.'hlp also hapi>cn.s to be proiAlf. The team's new lead la a pitcher and was with the Kentucky Colonels lost year. Tho club cxpcct-od to get through tho sc�.son safely w^ith twelve players, tout Mr. Cousins vaa not prepared to state how two piitetv^rs would Ijp carried, but niost likely there will be two tiesides -Uio manager, two pitchers, seven ftoldcrs and one utility player. Stock in the new athlobic club that will handle the game was selUng well and the Mayor thought they would be able to dispose of nearly all the $20,000 worth of stock to bo mar -koted. The club had its eyes on a gxjod protjerty of seven acres quite cnirally located, which they expected to secure /or playin^j grounds. As I to the gate rcceip'ts tha mayor was inot Worrying. The citizens of the  town Were ke�n for. tho game ami would attend the games even if tha tsam were not at tho top of the list -which of course wouldn't bo the case in 11107. They had a population of 4,0ft'J and tha country round about would contribute ouite a number of siJeciators, especially if the games were pliiyed at, n,ght, which can easily be dcna in this wuntry. Wh.n the reporter sirggcstcd that casbcrn c(>ntre8 tin tim^ts as large as Medicine Hat fought shy of tackling a baaaball proposition on th3 same scale the natural gas town was go -ing to handle, thc."-,?yor never fli:.-ched. "Mwlicine Hat people ha^�� thu .au^aey to spend �t>d baseball is their long suit in spcrtiing goods," was h.8 parting -shot-except ona, when hra assured us ho wos a Presbyterian and a Conservative. Ddmonton BuUeitin. Edmonton has got another outfielder booked. He is the �'�li-known Si Bennett, who was with the champion Duluih team in 19U5, when ha had a batting aver -age of 299. He was in tha Nortncrn lA:ague last year and topped the list in the line of stolen bases, leading his nearest competitor by 2a points He was also acknowledged to be tau fastest in the country getting down �1E.STEAp REQULATIONS. I ^"Y (/en P' mbrrc' �eeilon � nemlnloa 1 Lai 1 'n Manitoba, Saskatcbrwan and >i ta .� c. p IriR 9 am 16, not re�cr�nl, .om BicAflert by any periton who la 'h� iM-i I uf ramlly. or any mile over Itjcara  re. I  Hie  xl nt of oi.e quarter dcelloii of � -cr -. m�ire or lesi, \u ri TiiiKi be- made pmona'Ij at ttae teeal lid I'D ^.1 (ur .be iltaitlct In which lta� land !� -Itiiatr, The h'mcHicadcr In required lo perforn the ndit cna con-.ccted iherenltli under ona of he r llcwIiiK plane.: 1, Ail-.afii H'x monitaa' realAence npon and Mililvdt: >ii or (tie laud In each fear for three rear*. 2. If the raihcr( >r iTOtber, If the father la decease i) ot the home leader r aides npun  farm In the tIc1:>11.on ratmlng land uwncd hy him In the TUIn-ii; of bla bumentcad. ibc ri-^utren entt as lo .�Idencc mar be saiUflcd bj rekldeuce upon be saiil land. SU monna- notice In wrIiInK ahonid be (Iven (' the Cointnlaaluoer of Dominion Laiids st ttawa pf Intention to apply fur patent. W. W. OuHT. Deputy of the M nlaier of the Interior. A SONNET ON ALBERT.\. DEATH OP J AS. KEYES. LABOR tTNIOK OMUL. A itw BigbU art atill opm for Uta �ka taw of Oluha. LodgM, ate, ia Labor Union Hall. foroMrly kwwa aa tDa Smptra Club. PartlM of natlflir atoova will a4-B. M. BAUUIY, Box 94^1. (I, H. C. Jacoba la leaving Raymond to go into butiaeM at Salt Lako City. The Candstoa Board of Trade has elected tte following oiRoera: Proel-dent, Martin Woolf; Vice Praaidcnt, C. A. aigot; Secretary, S. S. Bar -ker: Executlva, D, S. Beach. B. D. PolsoiB and D. C. Hants, Jr. Jaa. Keyes, the shoemaker on Ford St. near the flro hall, died yory sitddonly from hear.t failure at an early hour Monday morning. He had been ill for some days, but not BOriousIy. Mr. Keyes had only re -cwniiy rwiirncd from a visit to friends in tho east. Tho doccttsod came to Lethbridge about six years ago from South Mountain in East-em Ontario, where he had been in business and whoro his wife diod. He was fort.v three years of age. Ho is survived by a sister, Mrs. Effle Rose South Mountain, and a nephew, Thomas Rose, at Mooso Jaw. Sask. The funeral took place on Tuesday ilftemoon and waa conducted by Rev. J, 8. Chi vers. Tho lata Mr. Keyos Is understood to have bosn in fairly good ciTcunwtances. Ho owned lbs two buildings and lois next the lira hall. ^ LETHDRIDGEITES IN A WRECK. Dr. Stewart returnrd la�t week. He reports from tho cost that Ontario lis enjoying great activity, duo in many ros|>cols to the dovclopntent of i �the west. He says Toronto has ohanffc'd wonderfully in the lasrt four 5"ear3. While away he laissed the Alberta sunshine, as during his entire aliGcnC'C the sun did not shine more ithan half a day. It was raining n-.ost of tha time. On the journey homo the doctor was ina wreck at White River on the main lino east of Port Arthur. I'ii car tho docthr was in jumiK-d the track and the passengers were severely jolted but it was in the tourist car where the greatest danger existed as Ihi acs'tcijno gas exploded and Bet the c�r on flro. However the train was stopped in plenty of tinw to enable tho passengers to escape. Mr. and Mrs. Boyce. of this city, were passengers in this car. (Toronto Saturday Night.) It may not he generally known that tho new province of Alberta received its name when the Marquis of Lome was Govcrnor-Ucneral, and waa tailed aftar the Princess Louise, ons of whose C'hris4.ian names is Alberta. At tho time tho Marquis of Lorne, who is profloient in verse, wrote thif following sonnet: On Tho New Province cf Albci-ta. In token of ilte love which thou ha�t shown For this wide Innd of frcoilom', I have named A pnvincB vast, and for its beautv famed, By thy dear name to be h.irea'ter known. All:erta shall it be! Her fountains thrown From alps unto throe oceans, ^.c all men Shall vaunt her loveliness e'en now; and when. Each little hamlet to a city grown. And nuuiAierlosB as blades of prairie grass Or the thick leaves in distant forest bower. Greet peoiiles bear the giant cur -rents pass. Still ahnll tho waters, bringing wealth and power. Speak the loved name-Hhs land of silver springs-Worthy iht daughter of our English king*. BAPTIST TABERNACLE. Rev. Wm. Reid, Pastor. (Residence, Amos Harrison's. ) Sunday Services atll.OO a. m. nod 7.80 p. m. Suoday School and Bible Class at 8 p.m. Prayer meeting Wednesday aroaiag at 8.01 o'clock. Ladies' Aid Tuesday afternoon at 3.80 p.m. KNOX CHURCH. (Presbyterian.) Rev A. M. Gordon, Minister. Sunday Services at 11.00 a. m. asi 7.30 p. IB. afuiiday School at S.OO p. ro. Prayer Mcottng every Wedrcada^ evening at 8.00 o'clock. I ST. AUGUSTINE'S CHURCH. (Anglican.) Rev. J- S. Chlvers, A.K.C., Rcotsr Rev. David Jones, B. A., Asa<�ta.M Matins at It.OO a. m. Sunday School at 3.00 p. m. Evensong at 7.30. Celebration of Holy Communion:- st Sunday in the month, 8 �. m ^Plaln), and 11 a. m. (Choral.) Srd Sunday after Matins. Othei Bun-days at B.30 a.m. Dully Matins and Evensong at a.m. and 7,80 p. m. ST. MARY'S HISSTON. (No. a.) ufiday School at 8.00 p. m. Evensong at 4.80 p. m. CATHOLIC CHURCH. Sunday Servlcts:- Lew maaa, S.80 �. m,: hifh maw. 11.00; vaspara, 7.80 p. m. Daily BarvleM:- UaM i.U a.a. Fattier Vaft TigtMin. AT KEAN'S- Grand Display of Fancy Boxes of Caody by thu best makers. Enftlish crackers, a swell line at 75c. and 85c. per box. Our Santa Claus stockings, from 5c. to $1.50, are cheap, save you a lot of bother, and please the children best. We also have a few Dolls. Apples by the box or barrel. Fresh Oranges. Bananas, Lemons, Grapes, Pears, Nuts, Candy, etc. Hot tea, coflfee and chocolate a specialty. J. W. Kean & Co Opposite P. O. 'Phone 98 Glazing Graining <  W. M. BARBER J Painter and Decorator Carriage Painting a specialty ^ Kalsomining Paperhanging ^ TOWN LOTS I ] Residential Lots 'a Blocks ; "0"and"F," Apply to | H. MACBETH Real Estate and Insurance. STRAYED $10.00 Reward One dark bay gelding, rising five years old, white star on face branded ^.m. on left hip on Also horses branded "7 11 left hip, $5.00 per head. Address, John Cave. Lethbridge P. O. Rnnge, Chin Coulie and vicinity. Boost ihc Poultry Fair to U hcM next Pcbrotry. 7949 ;