RPORATION LIMITED

e laws of Canada)

eptember 30, 1954
LIABILITIES
Current:

Bankers advances (secured)
Memands loam snore sete eS eevee Rare Oe eet ee $ 620,000.00

jOverdraft on current accounts __. 2 19,125.84 $ 639,125.84
Accounts payable and accrued charges — 506,695.86
$ 1,145,821.70

Capital and Surplus:

Capital
Authorized—4,000,000 shares without nominal or par value
Issued HE37600000™shares cere ane sleemens 1 aieamininees Sees $ 5,988,744.75

[Beysacel Gueqs) ng ei 513,621.75 6,502,366.50

On behalf of the Board:
F. M. CONNELL, Director.

C. R. ELLIOTT, Director.

$ 7,648,188.20

Pace SEVEN