CASTLEGAR NEWS, Thursday, March 12, 1964

Columbia Cellulose Annouces Plans _

Columbia Cellulose Co. has

the firm,

Bond Dealers’ Association,

erica,

vince, «

Canada Ltd.

ed to approve

voting.

President Paul M, Marshallyper cent of the voting shares of
announced plans for increasing the] outlined the steps the company|Columbla Cellulose in the hands
amount of Canadian ownership io has taken and will take in ajof Canadians, Marshall said,
speech last Thursday to the B.C.

Columbia Cellulose operates} kraft pulp mill at Prince Rupert
a pulp mill at Prince Rupert and| When this is built, Marshall said,
another pulp’ mill and sawmill|the company may make a further
here at Castlegar. About 87 per| primary issue of treasury shares
cent of the stock is held by the|in the Canadian market only,
giant Celanese Corporation of Am-

Marshall indicated the com-|to more than 25 per cent — if
pany’s plan to “Canadianize” is} Canadians buy. the issue.
designed for two purposes: to
qualify for the reduced withhold-| the bond dealers, Celanese Cor-
ing tax provision in the last fed-| poration ‘acted on the urging of
eral budget, and to meet political] Canadian politicel and financial
criticism about foreign ownership | leaders and offered the public 20
of companies exploiting the na-| per cent of Columbia Cellulose’s
tural resource areas of the pro-| common stock.

e ices
Marshall said Celanese Cor-| company was then in a profit posi. | ¥#5 first established in 1649 ‘at
poration has sold $5 million inltion, But this was not so, and al-
preferred shares in Columbia Cel-| though the public bought the 20
lulose to Power Corporation of| per cent this was later reduced | ficulty (of losses up until 1958)

On April 6, at the annual|cessary to pump in more money | was available to. the company for
meeting in Vancouver, Columbia
Cellulose shareholders will be ask.
splitting these
shares and making them fully

This will place more than 25

Columbia Cellulose is propos-
ing to construct a $70 million

This would raise Canadian
participation in the common stock

In 1952, Marshall reminded

The thinking was that th

Rupert,
“During’ those years of dif-

to 13 when Celanese found it ne-| the credit necessary to carry on

and thus increase its interest. one reason and onc reason only,”
Marshall said although the | Marshall said.
company’s intentions were good, “This was that Celanese Cor-
the timing of the issue was “un.| poration had invested such a large
fortunate.” sum in the equity of the company

Lately, because tie that the was

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is now to fully aware that the venture
Marshall has been asked whether | Would be suppored through to
Celanese Ci
to divest itself of some of its
holdings. in Columbia Cellulose.
(This has become important
because Columbia Celluolse, in
seeking a tree-farm licence to
partially support he new pulp
mill, is in conflict with Macmil- e
Jan Bloedel and Powell River.) sg Are Re-Opened
‘My recommendation to them

(Celanese Corporation) has been Water commissioner Gwilym

Negoliations For
Sopow System

Challenge of Leadership in a
Changing World was the subject
of a training workshop held at
the SHSS Friday and Saturday
under the sponsorship of the Ex.
tension Dept, of UBC and the
West Kootenay Area Girl Guides,
the’ instructors being Ben Chud,
School of Social Welfare, UBC and
Dr, Richard L. Ramsay, Schoo] of
Physical Education and Recreation,
UBC, Mrs, H. F. Hyson, deputy

pleasure of having them and also
for the splendid response of 80
many being ‘present.

Under. discussion was: the
role of the volunteer. in this chang-
ing’ world, “The Changing Needs
of Youth in a Rapidly Changing
Society”. Leadership, membership
relation, with its power to accept,
and power to Belenky channels of

an

of other organizations. How to in-
volve people in volunteer work—
thousands are working with and
for other people (but more are
needed), The 51 persons present
were divided into discussion groups
with leaders being C, E, Charlton
of Trail, Walter J. Banigan of
Robson, John Miller of Nelson and
Gwilym Hughes of Castlegar, The.
se discussions were most informal
and informative giving rise to
more questions to be discussed,
Conclusions reached were that
youth is “knowledge, résponsible,
and impressionable”, and in order
to do ‘a good job as a volunteer
— it is necessary to be not only
concerned for the changing idéals
of youth, problems and goals, but

‘| to ‘be ‘concerned about fitting

oueselt for ‘the task of leadership,

that they retain their investment | Hughes has
inc ye Cellulose,” . Mave Eli Sone for the purchase
said. of the Sopow water

cn
“I think it is a good invest. a
ment and much and all as I want Mr, Hughes told his council
to see much Jarger Canadian part- Jast week that he has had two
icipation, I feel it would be weak- meetings with Mr. Sopow and is
ening if the parent company were to see him again “with an offer

to reduce its investment by means | from _the village.”
of a secondary issue. He said a report on his ne.

tiations would be filed with
"I have felt throughout the | 8°
HES that ce meh more council at a later date.

means of attaining this end would
be to come out with an additional
primary issue of treasury shares
which would be offered only in
Canada,” Marshall. said.

To this end, he said, the’ pre-
ferred shares have been sold to
Power Corporation. Splitting these
shares and making them a voting

issue “will accomplish a further | ¢, pre A poe api speak
step toward the, Canadianization | .; ght in the auditorium of
of our company.” the Trail-.-Junior. Secondary
He said it was important that | school at 8.30 p.m. This meeting
a primary issue ‘not dilute the| is sponsored by- the Trail unit
holdings of the present common| of the 'B.C. Cancer Society and
shareholders. the Well’Women’s Clinic but will
“what we have been looking | differ from those that have been
for is a project of major, propor-| held the last five. years, in that

Cancer Meeting
Tonight for Men-
And for Women

tion that would so increase the) it will'be for both men and wo-
level of profitability of the com-| men.
pany that an issue of additional
common sharés would be justi-|“The Operation of: the B.C. Can-
fied,” Marshall said. cer Institute”. Dr: Boyes holds

“T feel that we have such al specialist qualifications in two me-
venture in our new kraft pulp] dical fields closely: allied :to can-
mill proposed for Prince Rupert."'| cer, namely, radiotherapy, and gyn-

Earlier in his talk, Marshall | zecology. He has also extensive
spoke of the capital involved in| training and experience in cytolo-
getting the B.C. operations under-|8¥; and holds several positions
way. More than $135 million has related to. these fields, including
been invested since the pulp mill peng on the staff at the University

The subject for the talk is

Dr, Boyes will discuss treat.
ments that are available to cancer
patients in British Columbia, and
on the research which is presently
being carried on at. the Institute.
Dr. Boyes has won for. himself the

Joins Kimberley
respect.and admiration of. the me-

Castlegar Couple
dical world for his research work

The wedding took place in| which has made. it \possible, by
Vancouver on Feb. 29 of Marlene| means of a yearly examination, to
Marion Martineau, formerly of | #e2tly eliminate cancer of the cer-
Kimberley, and James Sidney Mer-| Vix which is the most common
Tifield, eldest son of Mr. and Mrs. | ¢20¢er in women, _

Harold Merrifield of Castlegar.

The wedding took place at
the home ‘of Mr. and Mrs. James
(R, Bichan and was solomnized by
Rev.’ Miss Hedwig Bartling of
South Vancouver United Church.

Out-of-town guests included
Mr. and Mrs. Harold Merrifield
and Albert Merrifield of Castle-
gar,

. Coast Wedding

GASTLEGAR. NEWS

SUN CA

Sil

CAST YOUR VOTE
AGAINST POLLUTION OF THE

ARROW LAKES AND THE).
COLUMBIA RIVER

“by: signing our Petition ‘at. the _ meeting ‘at the.
Kinnaird Improvement Society Hall, 8 p.m. March
12 or at the hall between 8 a.m. and 8 p.m., March
13 fags Weg

ti ae vate

‘| their captain Mrs. T. Biln. Thanks

ccc

of goal, by continu-
ing education in service, training,
opening-up more channels of com-
munication between private groups
and public groups, so that both
not only have a Church indentity,
a school ‘indentity but. a. member
and a citizen of the total communi.
ty. And finally create the. right
image, and then others will come
forth, Enthusiasm too is “Caught
not Taught”. “Reach for the Stars
is what a Heaven is For”.

The 51 attending were from
Edgewood, Kaslo, Willow Point,
Nelson, Trail, Robson, Fruitvale,
Kinnaird and Castlegar. A request
was made for a follow-up course.
Grateful thanks were extended to
Mr. Chud’ and Dr: Ramsay for.
their very'real contribution-to the
needs of the volunteer in’ the
area, by Mrs. A, Rizzuto, area
trainer and to Dr,-B. A. Resker,
regional scout commissioner, also
to the Board of School Trustees of
School District No. 9, for their
corporation in the matter of facili-
ties for the sessions,

The coffee sessions were very
well taken care of by the Castlegar
and, District Land Rangers with

were also extended to all those

the gentlemen and expressed the|

Leadership Challenge Subject
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AGENCIES

constructed at the Castlegar hos-
pital immediately adjacent to the
old fleld, hospital administrator
“Angus Haines disclosed this week.

Mr, Haines said that the new
pit has been filled with gravel
while the drains have been re-
directed ixito it, He sald it is hoped
that the, new field will function
satisfactorily until the hospital is
able to join up to Castlegar’s new
system.

At the meeting of the hospital

' "TRAVELLING?
by. Air, Rail or Ship.
For Tickets and Information

or on Organized or Inde- pital employees’ union was report-

pendent Tours or. Cruises,
VIPOND. for TRAVEL
Phone |364.1255, Trail .,
Weekdays .8.30 ‘a.m.
.to 5,30 p.m.

Fridays. until: 9.00. p.
Phone, any time

:| in’ Vancouver and found it benefi-

board last Thursday night, Mr.
Haines and hospital board chair-

: Ns ae eae ‘ a 4 x

Columbia Cel

Profi its Show an Increase

Columbia . Cellulose: reports. substantial increases in er serve tho greatest number of

CASTLEGAR NEWS, Thursday, March 12, 1964’

lulose Sales

College Site Here is the Best“

“The decision to ish
regional college in Castlegar ae
taken on tho basis that tho site

net sales and net profits in 1963, compared with 1962, It} people in the area represented by

predicts’ improved : results for 1984, Me
The annual report’ shows net sale:
an increase of 9 per.cent over. ie $51, 906, 601 recorded Gray.”

in 1962.
Net earnings for the year
with $3,134,799 in 1962, The

is 20. cents ‘a year.

after payment of preferred dividends,
common share, an. increase of “more ‘than 35 per cent| been ‘a’ tremendous amount | of
over the:33 cents.earned in 1962, Current dividend rate

the aie! West ‘Kootenay 4 scticol dl
triets involved, says Trail Schoo!
f $56, 768, 023; ) pistrict 12 board chairman Jim

The provincial. government, he
Svere $3; 779; 458 compared sald, has left: the’ matter of ‘site

location ‘up .to‘local discretion.’ -
earnings Were: equivalent, “gigiing ‘of thia. agreement,"

to.45 cents’ per | no safd, “has not becn easy. There's

goodwill between the school boards
involved but the selection of Cas-
tlegar as the site isa compromise
which, sults each board.”

‘Mr, Gray said the boards were

man L, V., Campbell d on
their trip to. Victoria to discuss
the matter of hospital expansion
with BCHIS. officials,

The bargaining with the hos-

ed on and the new two-year con-
tract calls for a 3 per cent increase
in wages for. 1964°and a_2% per
cent increase for 1985, Other chan-
ges affect.suich’ matters as annual
vacations ‘and sick leave,

“Jt was reported that director
of nursing, Mrs. F. McGill, attend-
ed-a directors ‘of nursing institute

celal.
To cut down on administra-

render accounts ‘ nis, one with

tion ‘costs, the board decided to| -

Setting Up

West Kootenay regional ' college

within: the Castlegar school dis-/ the Public Schools Act, the Par.
ties hereto ‘covenant and agree
to’impase upon’ the ratepayers in
WHEREAS it is Seemed ie the respective shoe} dlateieta re:
irable to provide an oppor: 'y| presented ‘by them, such’ annual
for p 2 with-] tax levy as is required by the Re-| Trail board has had of this com-

trict:
ee .

agency if the ee is not paid
within 90. days Invoices going out
will contain this information, .

Parties hereto,

THE UNIVERSITY. OF BRITISH. COLUMBIA ©

SUMMER SCHOOL

SUNE: 29''-

Scene: Desig!
Major-Producti

High School Band /and Or

A. B;-Clingham,: UBC College’ of Education, ay
Re 27; Opera: “Workshop with French Tickner,-
erally of® Southern California,

Directed by’ Sydney. ‘Riek, : UBC: Drama Supervisors
Guest Director, Donal ‘Wilson York
director: and‘ ‘Prod

OF THE ARTS, 1964 .

AUGUST 14

can best be
blishment of a regional college to

Agreement Text

The following is the text of; of the college shall rest. in a Re-
the agreement signed by the six] gional College, but the duration
participating school boards Nal of raining in’ any oomres ottered
‘on, Slocan, Castlegar, Arrow .La-| by the College shall not be exten

kes, Trail ‘and Grand. Forks) on| ed beyond two years without the Okanagan for the time belng.”
March 3° agreeing to establish a consent of the Parties hereto.

for
in the. area represented by the| gional’ College Council’ to meet

AND. WHEREAS. this: need | a5 required -by the said Regional
btained -by the esta- Colleges Council.

WHERE!
prepare students for” advanted, work Parties have. hereunto affixed their

“very pleased" that various coun-
ceils, commissions and other com.
munity bodies “sat back and let
us work on it.”

No certain body, he said, was
fighting for the college to be lo-
cated in its particular district, dur-
ing the time of discussions,
Fighting between communities
as to selection of the college site,
Mr. ‘Gray’ said, was “one factor
which killed the college in’ the

College -

Regarding, criticism “Eom te

Beaver Valley ‘Regional ollege
8, Subject to the provisions of Committee, which has been striving
only.in recent weeks*to have the
‘college located somewhere between
Fruitvale “and Salmo, Mr. Gray
said: “The only knowledge. the

mittee’s activities, is what we've
the sald sums throughout the year |7ead in the paper. -

“The committee's proper cour.
se would have beet to‘bring their

He said the Trail School Boa-
Seal on the|'rq‘had never, received an officlal

training
ttitutions or career vocations;
AND WHEREAS it‘is to, that
end tended 2 offer'a two-year
ie cours ‘trans-

lucer, ‘Acting, Speech, :. ee tts,
‘ Make: er Directing, \ Studio: Scenes,
July 29 = Anugust 1404 :

*| minating courses. of a general and

fer to: other schools ,of learning
on. completion, and two-year ter-

I nature;

July 29 - An,

Berberian, mezzo sOpranO::
aa

“Bigh

E ARTS
SUMMER SCHOOL ON
PUBLIC AFFAIRS:

For Further: Informa

ture-recital

Siehner, 1. West Coast

ws

‘Univ-| further intend the said Regional
gust 7; | College - shall ;from ‘time-to-time
for. July 6 -| offer such special program as the
31; Workshop in Contemporary Music under Cathy, Regional’ ‘College Council” shall
and Leonard Stein, pian- | deem advisable to meet. community

ti ing lec:

‘AND WHEREAS the Parties

needs for the ‘training and: cultural
betterment, of the citizens th
gaia’: echo auteittae

ise: JAND ‘WHEREA ie
Parties hereto has resolved to par.
ticipate in the establishment, main-
tenance and operation of a Region-

al College;
AND -W ‘WHEREAS a plebiscite
was held in each of the said ‘School

t evening

"Seminar. on Scandinavia, July 12:- Parties; 3
2:17}, Seminar on “Canada and For AND

"eign Aid”; July 26 - 31.

with the, cac and ; ‘Vancouver International tothe Public : Schools. Act,. RS.

a Cal dar, please write 8 | Be
SUMMER. SCHOOL - OF .THE-ARTS. .
The Department’ of ‘University: Extension .
THE ‘UNIVERSITY: ‘OF BRITISH: C OLUMBIA
Vancouver 8, B.C?

3 yy Leonard ‘Stein and Cathy
LEGTURE SERIES: Soin, titted fone

aay and year first above mention-| request by. the Beaver Valley com- |}
ed. mittee for representation,

—_———:

Total Insurance.
Benefits. Are Up
Reparis. CLIOA ment of the college.

1life insurance:-and an- The second, he said, was that
on otal le: paid mee an 1963 the committee proposed a college
amounted: to $698,841,000, an 8 per to serve the whole Kootenay. “This
cent increase over the payments | sets away from the theme which
made’ in 1962, the: Canadian: Life| has made’ other : colleges, success:
5 ee et fom So) |

2) “Their site Proposal’ I he said,
“js predicted on two, thi ings.”

Tne first -was, that “Creston
would be interested,'"‘Schoo] boards
involved: never had any indication’
from Creston that they’d be inte.
rested” in participating in develop-

Benefits paid to living policy-|1 ee
‘holders continued to’ run higher
than death benefits accounting for
$447,959,000: or 64 per cent ‘of all
ayments. This was an ‘increase of
$33,209,000 over ne previous years ‘ Castlegar."

0 liv!
‘When the money bylaw is pre.
‘These: Danette “inlude matured sented, it must have a 60 per cent

AS the elect-

AND.
ors jp each said district
the, ‘question of each of the said

‘WHEREAS the consent,
of. the council of Public Instrucy

and annuity) total “yes”. vote in. order: for it
te

{values
and ey ated 3 to pass.

OF the| presentation to the school board.” | |

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j THESE

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JUST ONE OF OVER 40 MODELS

je. 1883 nderabution. of di.
vidends ‘to! policyholders : reached
‘a ‘record’ $145,225,000 “ acounting

tion’ has : bee:
B. ae Be ion 163. and. 163A of: the

dlonal College.

CL

Ath
ANNUAL

|

«| ing in such Proportions as. to re-

: py the Parties hereto.

The capital” cost of “such
ase shall be, paid, ‘after. apply-
ing such grants as may be: received.
froin :the- Minister of "Finance and
any other. contributors, bythe aps
ortionment = among the Parties of
the. total’. capital: cost remaining
‘in such proportions as ‘to result in
“| qcuniform’ tax‘levy: in'each of the
school. districts -xepresented | by.
the: Parties hereto. .. af
3. The operating costs “of such
college shall be paid, after apply-
ing such grants as may. be received
from the Minister of Finance,and
any other’ contributors, by the
apportionment among the Parties
of the total operating cost remain
sult ina uniform tax levy. in each
of the school districts represented

4. The’ Title ‘to-all Real and
Personal property acnyited by the
College ‘shall:rest’In’ the: Parties
hereto: in proportion to’ the total
capital contribution paid by, each
of the Parties hereto. to the Re-
Blonal Colles Council. cs
‘5. ‘The: management, admini-

‘ol ‘of ‘the, affairs

for; 21: per. cent. of - all” benefits,
Annuity totalled : $102,-
709,000.

“Death benefits totalled $250,-
882, 000 in 1963, up 9 per cent over
1962. Ordinary’ life’ insurance poll
cies accounted for 58 “per cent of |-
this total; goup policies 38 per
“cent ‘of! the total; and industrial
policies '4 per ..cent.

~ Castlegar Receives _
More Information
On Gily Lagoons

Castlegar has received ‘thelp-
ful - information”, from: Medicine
Hat and Moose Jaw on the opera-
tion. o£ lagoons.
:Comm. Gwilym Hughes: told
council. at its’ meeting ‘last  week-
that Moose Jaw operates four la- |:
goons totaling over 159 acres with
a staff of three men, He said Me- |"
dicine Hat's Iagoons serve.a po-
pulation ‘of 40,000 which would
total an area of "approximately 140
ert
“Tre said “both compare with
Castlegar’s lagoons of six acres

have been: posted: in. the _ village
office’ and that they should be
helpful to residents for identify.
ing their’ properties and. also for
indicating those’, homes | “‘whpre.

xist’ eoncerning

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