1925 



DEPARTMENT OF LANDS AND FORESTS 



81 



MEMORANDUM OF LOANS TO CREAMERIES AND OTHER LIKE ASSOCIATIONS 



TO OCTOBER 31st, 1924 



Applications and Loans 



The Sudbury Co-operative Creamery Co., Ltd $24,000 00 



The Kenora Dairy Co-operative Association, Ltd 13,000 00 



Producers Co-operative Creamery Co., Ltd., Lavallee, District of Rainy River 3,500 00 



Total $40,500 00 



Note: — The Sudbury Co-operative Creamery Co., and the Producers Co-operative Creamery 

 Co., of Lavallee, are in active operation and have promptly paid the amounts falling due on their 

 loans. 



The Kenora Dairy Co-operative Association failed to operate successfully, and went into 

 liquidation on March 8th, 1922, having failed to pay any portion of their loan or interest. 



The land was deeded to the Crown on December 30th, 1922, and registered in Land Titles 

 Office at Kenora on Janury 2nd, 1923, as No. 5882, also Bill of Sale covering chattels on January 

 3rd, 1923, as No. 919, by the Clerk of the District Court at Kenora. 



On instruction, the land, building and equipment was handed over to, and placed under the 

 jurisdiction of the Northern Development Branch as of date November 1st, 1923, the property 

 to be utilized by that branch for their storehouse and other purposes in connection with their 

 road construction. 



The standing of the account as at November 1st, 1923, was as follows:— 



Principal $13,000 00 



Accrued interest 1,644 00 



Total $14,644 00 



Some material was sold and partly paid for, leaving balance of account as at October 31st 

 1924, to be $14,405.25 and there is an amount of $750 due by the Dryden Clover Belt Creamery 

 Co., collection of which is receiving attention. 



REPAYMENTS 

 On Account of Interest 



On Account of Principal 



Total 



