Calgary Tender With Taumner Co Syndicate Debentures
Calgary city council adopted a tender by Taumner and Co. Ltd. syndicate for big black debentures on a May night. The action signals a major financial move by the council as reported by CP.
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Newspaper
Rivers Gazette
Location
Rivers, Manitoba, Canada
Date
May 30, 1946
Page
2
Calgary city council adopted a tender by Taumner and Co. Ltd. syndicate for big black debentures on a May night. The action signals a major financial move by the council as reported by CP.
The tendered price was 4,305,648 dollars with accrued interest to date of delivery for 11-year non-callable bonds at a rate of 101,528 dollars and accrued interest. This transaction marked the city's lowest overall financing cost to date.
The article praises CN rail service and staff from Rivers and notes a westward route through Manitoba to Saskatchewan. It highlights Lemans, Melville, Watrous, Nokomis and Manitou Beach pride, mentions dining car meals, Tommy Dorsey’s orchestra in Saskatoon, and local tax education themes as the continental train nears Saskatoon.
The Rivers Gazette 1946 account details Daly Manitoba council changes on February 2 1886 appointing William D Perkins as treasurer and tax collector with a 120 yearly salary. It follows the Anderson Brown family two miles from Daly schoolhouse during illness and a wolf omen as Mrs Brown tends children and stock awaiting a doctor 25 miles away.
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