Al2 - Friday, June 15, 1984 - North Shore News NEWS photo Terry Peters DWARFED BY the enormous mobile cranes, a workman stands complacently beneath the legs of the great ship-builders at Burrard Y arrows in North Vancouver. Aiming for justice A MAJOR symposium aimed at helping develop a-more responsive justice $ystem and involving outstanding jurists and lawyers from around the world is scheduled for Van- couver August 22 to 24 The symposium 1s spon- sored by the Law Society of British Columbra to celebrate its 100th birthday The Soce ty, founded on February 14, 1884, is the governing body of British Columbia's 4,200 lawyers Csuest speakers at the sym postum in the Hyatt Regency hotel will include such Internationally known lawyers and jurists as Mr Justice Willard Estey of the Supreme Court of Canada Mi Justice Michacl Kirby of the Austraha Law Reform Comimisston, Sut Arthur Owen Woodhouse of thee New Zealand Court of Ap peal Prof) Michacl /ander of the London School oof beoonomics. the Pfonm Mark Mi Cruigpan Minister oft Justice for Canada and Mr Justicc Allan Linden of) the Law KRelorimn © omission of Canada Speakers from: British © ol uspbeta will otic leaabe © hued Justice Nathan To Nemety of the $4 ¢ Comet ob Appeal Chie t Pustice Atlan Miobiachern of the Suprenve Court of Be aod Broan Somat hy Hh 6 Ntlorney Coctetal Arranpement, ace still be leip tae with otter speakers ter SCuss Phe rote otf the Vepearl prrcofessreste vay tthe bat eecntlury Frank Maczko, secretary of the Law Society, said it 1s time for the legal profession and governing bodies to focus on the future of the Justice system, which is now under attack. ‘We are already seeing a trend toward privatizing the yudictary,’” Maczko said “Labor relations disputes go to private arbitration Workers anyured on the job are compensated by = ad ministrative boards Com mercial disputes aire arbitrated “Cava COUTES litigants who swaraped with retaining to yudge™’ tind tovals yudges then disputes and are agicemp to be bound by ther decistons, atc former and farnmily law mediation is sweeping the NEED A GOOD JOB? After four weeks training you'll be employable at o good salary as BANK TELLER working Bankers hours in your very importon' job and have a skill you con always use Day or Night Classes Call Today 669-5246 Teller Training Institute 1309 W Pender continent. ‘*The distressing feature of this trend is that it is a reac- tion against an inadequate system, and we may wake up one day, to find our judicial system superseded by an ad- ministrative system. Boards and bureaucrats will render decistons which judges should make “We think it’s ume to focus on the future and start the process of developing a more responsive justice system,”” Maczko said Looking at odd lots Imost ten per cent of transactions on the New York Stock Exchange are in odd lots. ‘*Odd lot’? means shares issued in less than 100-share amounts. You can buy or sell an odd lot in any amount from one to 99 shares of any listed stock. Investors buy small amounts like 25 or 50 shares of higher-priced stocks when they feel a 100-share round lot or ‘‘board lot’’ would be too much of an investment for them at one time. This odd lot system means that you can enjoy the same type of diversification as those with enough funds to have a mixed list of 100 share purchases. For example, if you have $10,000 to invest you can buy an odd lot amounting to $1,000 of any of the follow- ing quality stocks, IBM, Bell Canada, B.C. Tel, Royal Bank, B.C. Forest Products, Alcan, Seagrams, Canadian Pacific Enterprises. This would leave more than $1600 after commissions to keep in short-term savings to use in an emergency or in case a buying opportunity presents itself and you want to accumulate more stock. As we all know things in smal! packages generally cost more in the large. Therefore, a slightly higher price per share must be paid or a slightly lower price accepted on sales of broken lots because there is smaller de- mand for these ‘'‘less-than- board-lot’’ amounts. Committee B.C. RESOURCES Invest- ment Corporation appointed ten shareholders from key regions of British Columbia to its newly-formed Shareholder Liaison Committee. The Committee will act as an information-gathering channel for shareholders tn B.C. by funneling investor eoncerns and comments to management. It was established by the Company primarily to represent the in terests of umany B ¢ Resources shareholders who live outside the lower Mainland The 10 sharcholder members of the Committee were chosen from a list of more than 1,700 nominations submitted by registered shareholders in BO during March and April At. that time, Board Charman Don Watson invited all Get a head start on a new career ALL pNases of womens Komen s pernmng fy trig CMO A spe rath effer fs Lace Keer teaticn: mew fot Mary ee jure reoate nosy Moler Sc rere preebedve KA. t son n hool of Hairdressing For information 1752 Lonsdale 985-5911 The payment of this premium might be considered a disadvantage, but by in- vesting in this manner you dollar sense by Helen Davenport | can achieve self-management of a diversified portfoho: taking a ‘‘do-it-yourself”’ ap- proach to investing at a still reasonable cost. In general I would still recommend that shares be purchased in the convenient numbers that the exchanges have created because this is the most effective way of moving your shares. I am simply spelling oul an oppor- tunity that exists to purchase listed stocks in smaller or ir- regular amounts (such as 150 or 175) if the funds won’t stretch. When you buy an odd-lot of shares, it is a good idea to register the shares in your name, in this way your ownership will be recorded on the books of the com- pany. Registered owners of shares receive Annual Reports and invitations to the General Meetings automatically. This informa- tion can prove invaluable to you as you make your invest- ment decisions. Odd lots are certainly for you if you are a small in- vestor Or a new one. It allows you to select your own port- folio rather than to put all your resources into one situa- tion and enables you to plan your way to becoming a more substantial investor one step at a time. TREASURY BILL RATES At press time 91 day term 10.95% 1 year term 12.15% Helen Davenport is a registered representative with Dominion Securities Pitfield in Vancouver (682-4424). members named shareholders in the province to submit) a nomination directly to him. He explained the Commit- lee was set up to carry oul three basic functions: to gather shareholder questions and concerns; dectde which topics deserved a manage- ment response; and suggest ways of improving com mMunications between management and shareholders Watson personally made the final selection of Com mittee members after several weeks of research and per sonal interviews “We are looking for a group of individuale Who would work welltogether and contribute different pots of view to the discussions.” ' Watson said “Bor that teason, we chose people trom different occupations, groups and age tegions of the V/thy thor Earn 12% debentures 30 days-1 year (Rates subject to confirmation) VICTORIA MORTGAGEE CORPORATION LTD. Tio Albernr Var 688-8311 Sserru ten Wersterrts ( attache foo ower td years, province to provide a broad cross-section of opinion.”’ He pointed out that the formation of the Committee was a major departure from traditional business practice since few other companies in the world have as broad a shareholder base as BC Resources. BCRIC currently has more than 114,000 registered shareholders and an esumated | 8 millon bearer shareholders Also on the Committee will be the Company’s manager of shareholder relations, Maureen Ross, and two members of the Company's board of directors Don Wat son as Committee Chairman and Lucille Johnstone, senior vice president of Riv lwo Straits The first meeting was held in Vancouver on June 14.