Ashbury College - Ashburian Yearbook (Ottawa, Ontario Canada)

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THE ASHBURY CLEANING COMPANY The Cleaning Company is now in its fourth year as a separate company. During the past few years many systems have been introduced that make the operation of the company more realistic. Among these was the introduction of competitive bidding for the cleaning contract. This year the introduction of Preferred CClass Aj and Common fClass Bb stock occurred. A 33. 32, tax on gross profit was introduced, as was the rental of vacuums by the Company, from the School. The proceeds from these levies were used to pay for the interest charges on the loan needed to pay for the new tennis courts. Companies are now also required to pre- sent termly audits to a Grade Ten business class. This year 252 one dollar shares were sold to students and teachers in both the junior and Senior schools. The directors were Peter Martin CChairmanJ, Fergus MacLaren, Robert Tamblyn, Gordon Mac - Laren, and our staff advisor, Mr. Penton to whom we owe much thanks. The President was Gordon MacLaren, the Senior manager was Paul Deepan, and the junior manager was Robert Tamblyn. There were 17 regular workers under the Company's employ. For these workers a small scale Employee Stock Benefit fund was set up. FINANCIAL STATEMENT Total Income 556926. 68 Total expenses 5575. 75 Gross Profit 1350. 93 Stock Issued 252. 00 Taxable Profit 1098. 93 Tax Paid 366. 31 Net Profit 732. 62 Dividends 252. 00 Funds for Donation 480. 62 This year was a good one financially. Dividends of 25, 35, and 40 cents per share were declared. Hopefully next year Company will continue to have financial success, and will be able to concentrate its efforts on improving work quality. GORDON MacLAREN President SERVERS Back: R. Tamblyn, N. Dumont, S. Perron. Front: M.G. Bennett, Rev. E.E. Green, I.K. Chin. 18

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THE ASHBURY STUDENTS TUCKSHOP COMPANY The Tuckshop company went public in 1976 with the sale of 227 shares. With the help of Ted Marshall all went well until, at the end of November, Ted announced his retirement to Van- couver. The malaise that set in was not apparent until after Christmasg indeed, the share- holders received the benefits of a 3592, dividend at the end of the first term. In the new year the management decided to pay cash for all stocks of food which, combined with salary increases, led to a shortage of money supply and the need for a loan. The qual- ity of service and the sales began to decrease. Finally, complaints turned into a power struggle with shares selling at S3 - 54 and with grade nine and ten students boycotting the tuckshop altogether. This heady atmosphere broke when the old directors fexcept for Mike Sourialj were fired in a stormy meeting on February 8th and new directors Michael Bennett and Pierre LaTraverse along with Sourial were voted in. The new management returned to a credit purchasing system and initiated a centralized bank account that by -passed the school. Structural changes included the abolition of the po- sition of President and the creation of an executive director, an executive committee and a new manager. By june we had a net profit of 515108. 03 from which we paid the school 336. 01 in taxes and the shareholders a 307, dividend. To Mr. Robertson and to the ladies in the school office may I say a sincere 'thank you' for all your help? MICHAEL BENNETT THE QACHA 'S NEK RAFFLE The prizes for the Qacha's Nek Raffle this year were as follows: 111 A trip for two anywhere in Canadafrom CP Air. Q21 Hockey and bus tickets for two from Voyageur. Q31 Dinner for two at the Capri. Q45 A ondu set from johcowur Hardware. Q51 A men's LD. bracelet from Henry Birks. 161A S25 gift certificate from E.R. Fisher Ltd. 171 A S20 gift certificate from DonRom Enterprises. 181 A S10 gift certificate from Eaton's. 191A game of careers from Toy World and a S30 cleaning certificate from Hillary Cleaners. We sold about 2000 tickets and after expenses made about S500 profit. We are most grateful tc all the companies who donated gifts. And thanks to Gordon MacI.aren, Ross Brown and Mr. C-reen for their invaluable help. MICHAEL BENNETT ASMCO The Ashbury Student Maintenance Company began in September 1976 with the sale of 100 Shares. The directors were David Welch and Charles Zwirewich who contracted with the school for snow removal, leaf raking and for the assembling and watering of the rink. In December we paid S26 in taxes and a 402, dividend. After March the new maintenance staff made our services superfluous. The profit of S100 was given to the Music department for a new instrument. I would like to thank the directors, Mr. Rice, Mr. Macoun and Mr. Heyd for all their advice and assistance. MICHAEL BENNETT I7

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