The Peninsula Times
data provider: CONTENTdm
is part of: BC Historical Newspapers
issued: 2015-01-09
issued: 1979-09-05
description: Serving the Sunshine Coast.
aggregated CHO: https://open.library.ubc.ca/collections/xpentimes/items/1.0186652/source.json
format: application/pdf
note: h<Mtfi"iir.J-Ti^-ftrrnnwifi7^f aiA&x&avfia ��CIK>M<C��^ VI,' ����T-^W -fj- r���* "i, >- V - i ��� ^CNA 2nd Class Moil Registration No. 1142 Serving the Sunshine Coast (Howe Sound to Jervis Inlet), including Port Mellon, Hopkins Landing, Grohthaitis landing, Gibsons, Roberts Creek, _Wilson Creek Selmp Park Sechejt HaL'ToonBay Secret Cove. PenderJHrb_JVlad_eira_Park__Gardert Bay Irvine s Landing, Earls Cove. Egmoni Union Label 22 Pages _ 20c Copy LARGEST READERSHIP OF ANY PAPER ON THE SUNSHINE COAST. Volume It - No* 38 Wednesday, September 5,1979 AFTER 50 YEARS EVERYTHING MUST GO -op its To most of the 109 Elphinstone Co-op members it must have felt like they were forced to vote on whether they should pull theplug on their own life support equipment. ^With over fifty, years of "good" service to the Sunshine Coast, the Elphinstone Coop: store by vote of its own members succumbed to terminal economic wounds brought on by poor location and increased competition.. 4ts members were faced with a sorry tas]k of voting the Co-op and the store into voluntary liquidation which took effect immediately following the decision on Thursday night at the Gibsons United Church Hall. It was not an easy decision for the members, but faced with me _$209,000_ in _ liabilities and a threat by FederatedCo-op to put it in receivership, the society had very few viable alternatives. Federated Co-op retail manager Mike Phillips drew up a picture of economic collapse for the co-op, giving them details of an ever increasing deficit. He also projected the near future would get worse if they continued to run the store. He pointed out that the Elphinstone Coop owed the Federated Co-op $130,000 which was payable immediately, while its current assets were only $72,000. Phillips told the packed house that net earnings since 1977 along with the Immigration says two refugee families should arrive soon 'Officials at the department of immigration have indicated that the two refugee families sponsored by the…
note: Frequency: Weekly Titled "The Sechelt Peninsula Times" from 1963-12-04 to 1967-03-01. Titled "The Peninsula Times" from 1967-03-08 to 1979-12-26. Published by Sechelt Peninsula Times Ltd. from 1963-12-04 to 1968-12-24 and from 1970-11-04 to 1971-03-10; by The Peninsula Times Ltd. from 1969-01-08 to 1970-10-28; by Powell River News Town Crier Sechelt Times Ltd. from 1971-03-17 to 1975-11-05; and by Westpres Publications Ltd. from 1975-11-12 to 1979-12-26. Dates of Publication: 1963 to 1980.
has type: Newspapers
spatial: Sechelt (B.C.)
is shown at: 10.14288/1.0186652
language: English
lat: 49.4716667
long: -123.763333
provider: Vancouver : University of British Columbia Library
publisher: Sechelt, B.C : Westpres Publications Ltd.
rights: Copyright remains with the publishers. This material is made available for research and private study only. Please provide attribution. For uses other than research, private study and personal use (such as publication or distribution), permission must be obtained from the Digitization Centre: http://digitize.library.ubc.ca/
source: Original Format: Sechelt Community Archives.
type: Text