http://dx.doi.org/10.14288/1.0405292
data provider: CONTENTdm
is part of: BC Historical Newspapers
issued: 2021-11-24
issued: 1932-08-29
aggregated CHO: https://open.library.ubc.ca/collections/nelsondaily/items/1.0405292/source.json
format: application/pdf
note: Wheat Market Moves on Up Chicago Market —Page Nine thfn t VOLUME Jl Tl. ',. r \c45 Nelson Athletes Qualify - Junior Olympics — Pane Tan 0 i""4t "•T.I.SON, B. C.,—MONDAY MORNING, AUGUST 25, 15;... mi CENTS A COPT M MIIEB .OS I 500,000 TEXTI____ ORKERS NAY STRIKE Tolmie and Bruhn Work Upon Plan to Consolidate Relief SHORTAGES MACHRAY CASE COKTINUE GROW Rockefeller Trust Fund of $500,000 Has Entirely Disappeared CHURCH ENGLAND FUNDS REDUCED Clergymen's Retirement Fund Depleted to Unknown Extent WINNl-PHO, Ail*. 38—(CP)—Four days before John A. Machray, university governor and Church of England chancellor, makes his first court appearance to answer to theft charges, auditing books of the two Institutions whose funds he controlled had revealed the following facta: 1—That about 1100,000 of the University of Manitoba's $1,600,000 endowment trust fund remains. The rest haa either been stolen or lost in bad Investments. 2—The Rockefeller institute trust fund of $500,000, donated to the university for medical education has disappeared. 3—The Zsblater endowment of of $130,000 also ls gone. 4—Other smaller trust funds administered by Machfty m university bursar and chairman of the board of governors, have been seriously depleted. S—Church of England funds totalling $1,600,000 have been reduced through irregularities "to an alarming extent". Machray was chancellor of the ecclesiastical province of Rupert'* Land. ft—Only one church fund, one or $250,000 Is Intact. 7—The clergymen's retirement fund to which the clergy of Manitoba, Saskatchewan, Alberta, Northwest territories and the Yukon contributed so they could retire with a $700 annual pension, has been depleted to an unknown ejetent. Machray, arrested last Thursday and charged with theft ot $47,000 from the university, ls to appear in provincial police court next Thursday. UHLE HAZARD IN B. C. WOODS VICTORIA, Aug. 28 (CP).—Electrical storma ln three of the six forestry area* of tht province made things more interesting for th…
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