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The company announced an agreement last Monday with Canadian Homestgad Oils Ltd. of Calgary under which it could acquire 51 percent of Home- stead’s issued common shares. by spending $20.7-million on Homestead ventures. Donald Deacon MLA. York‘ Centre. was president of Canad-l ian Hydrocarbons Ltd.. for 11] years. i He resigned last May. l The stock closed at $20.12, up 62 cents on the day, after trad- ing 17,329 shares. It was the market’s ninth most active in- dustrial. The closing price was more than double the 1968 low of $9.50, reached in March. Shares of acquisition-minded Canadian Hydrocarbons Ltd. of Calgary rose to a record $20.75 on the Toronto stock market last week after the company announced plans for the second largest takeover in its 13-year history. instruction to exercise an erty was sold at a relatively essary to make it legal. But York Downs main- When the land area is pur- option on approximately 450 low price “because we want- But the resultant recount tained an option on the for- chased in Markham Town- acres of property near Un- ed that type of 3 develop- brought in another three op- mer Deacon land and will ship it will require rezoning ionville, the former Deacon ment beside us." The Deaâ€" posing votes and the final now exercise it before the from agriculture. at“mulllull“llllllmlll“llmlllllllilllll1lll\llllllllllllulll1“!lllllllllllllllllllllllnulllllllllllllllllllllllllllllllllllllllllllullmumllllllllllllllllllll“lllll\llllllnullll\lmmllllumllmlllllllllmlm mumnmuuumuullllmmmunumulluumnunnumumunuuummummummllllmmlumululumlml\\umuummmmmmunmmummmuuumm.3: Deacon Former Head Western Hydrocarbons Styled by Velente Ladies & Gents Choose from finest imported cloths. 100': to choose from. 0 W00] 10 worsted O Teryleno 0 Tropical: 0 Pure Silks & Mohair CUSTOM MADE-TO- MEASURE SUIT The vote also involved an instruction to exercise an option on approximately 450 acres of property near Un- ionville, the former Deacon The go-ahead decision re- sulted from a meeting June 27 in the Lord Simcoe Hotel which saw 585 shareholders of class "B" certificates Vote 72 percent to sell the 160 acres of property in the vic- inity of Sheppard Avenue and Bathurst Street. Richmond Tailoring Co. I Yongo 5., Richmond Hill It was announced that the club will be sold for a minimum of $6.4 million. This was the result last week as the on again, off again sale of the York Downs Golf Club was defin- itely turned on. The Borough of North York has lost a golf course â€"-â€"on paper â€" and Markham Township has gained one: :0 THE LIBERAL, Richmond Hill, Ontario. Thursday. July 18, 1968 -mummumnmmummmnmmmmmmunumuumlmummum“mmmunnuuuuunmn\mmnmumuuunnunmunu\l‘umunmumuumuuummmnmuumwIll1mumuuuuummmuummmnnunmuuunnuummumum\mum11n1n\lmnmummmummuuummmmuuuuummmmmummum\mmumuuu4: Set Dad Up With A New Summer Suit m “Inst” tin to: thos- driving high perhrmam m Totally new low, wide pvotile means totally new perfomance. You set an enormous increase in traction... Deacon Family Farm To Become Golf Course Richmond Tailoring By FRED SIMPSON Sensational advance in tire performance Tomorrow’s tire is here today at CUSTOM TIRE SALES 59 INDUSTRIAL RD. RICHMOND HILL 884-1164 884-4212 CUSTOM TIRE SALES it” tin for ties. driving hin remarkable car control...cooler running I“ can. Totally new low. wide than conventional tires ...and all this with nns totally new perfmmnnce.You actually no increase in gas consumption. lonnous increase in traction... Quality throughout is typically Blue Ribbon. W Trade-la mum at that Our Mal Car Changuover Plan Difitnn Thurnhreds Blue Ribbon Sport Toronto Businéss Man Wants York Downs Golf Course As Park Area (Continued from Page 9) course, also got the winning run. Particular reference should be made to Dynes catcher George Dickie who worked all six games. His defensive and offensive abilities are a vital asset to the team. Schwartz is convinced that the Bathurst Street golf course is the most beautiful potential park site in North York. He argues that if bull- dozers destroy the trees and And there was Skip DeGeer. Skip was, well, Skip DeGeer. Lots of hustle, talk, always the most dangerous man on the team with his bat, always colorful. But the players and officials got together, ironed out some problems, and suddenly became the team on the field that they were on paper. Con- gratulations to Manager Russ Cripps and Sponsor Vern Dynes. In 71947, Schwartz came here as a penniless, orphan- ed teenage immigrant. “I received opportunities that only this country of- fers," he explained. Perhaps the most ironical twist of the tourna- ment win was the fact that the Jewellers came close to not even going. Their tie was at such a low level after two dismal Beaches Major Fastball defeats that it was doubtful if they would bother to enter the tournament. As for this observer being shell-shocked. Yes indeed. Foolishly worked out with the team before one game. Talk about aches and pain. Agony, grief, and all that. So be careful walking down the street for a few days. Don’t brush against that poor old man with the cane. He loses his balance easily. That’s me. Ted Schwartz is up in arms over the recent de- cision by the members of York Downs to sell the course to a developer for at least $6,400,000. The price will go up if other builders offer more. Why? “I owe Canadians some- thing. I am trying to show my‘ appreciation.” A 38-yearâ€"old Toronto businessman is staging a one- man fight to keep houses off York Downs golf course. Mr. Deacon said the prop- erty was sold at a relatively low price “because we want- ed that type of 3 develop- ment beside us." The Dea- “The property was bought, for about $1 million." said Mr. Deacon ,"which was well below the prevailing market price. Similar property next to us was sold for 75 percent more per acre." One of the former Own- ers, Donald Deacon. Member of the Legislature for York Centre, told "The Liberal" some 400 acres of the prop- erty was sold last fall to Glen York Holdings who also have, first bid on the York Downs Golf Course in North York. estate surrounding t w 0 branches of the Rouge River. known as Glenburn Farms. The Deacons have owned the property since 1915. . . . Sport S'pot: . . . The York/ County Tennis Lea- gue Ladies Doubles Tournament was held this past Sunday at the Barrie Tennis Club‘ Since fiche men’s singles, men’s doubles and ladies’ doubles have now been played off, three-fifths of the challenge tournaments are now history. In Barrie, Joyce Jones and Helen Buttersworth won the chamâ€" pionship for Aurora by defeat- ing Pat Howard and Ruth Ed- wards of the host club 6-2, 6-1. In the consolation final, it was an all Thornhill contest when Noreen Henderson and Lynette Scarf defeated their fellow club members, Barbara Rowe and Sylvia Walker by an 8-1 score, in a Kramer set. Locally* the club plans to sponsor a Junior Round Robin Tournament July 31 at 1 pm. All junior members are encouraged to attend this tournament since it will provide them with a great afternoon of tennis and an opportunity to meet some new friends. Let's Play Tennis One man who turned him down said he wanted lower taxes, not another park. A second person dismissed the petition by saying: “You can’t stop progress." Schwartz has attracted two other park lovers who have offered to take the petition to their neighbors. He hopes this is the beginning of “an army” that will blanket Mr. Schwartz got 56 signa- tures on a recent foray with only five persons refusing to sign in «the hour he peti- tioned. grass they will be ravaging a setting that would cost at least $1,000,000 to replace. He's going from door to door with a petition asking that either Metro or North York expropria‘te the golf course and turn it into a park. North York This rejection came four days after President Joe Col- quhoun had announced af- ter an earlier shareholders‘ meeting that a resolution to sell the property had been carried 363 to 181, an even two thirds of the vote nec- essary to make it legal. O’KEEFE #5000” .. AWAKfiâ€"Y MSA 7781â€"5 fix/lg" One such attempt splut- tered out in December of 1965 when the club share- holders rejected an offer of more than $5 million for the North York property. cons retained 40 acres of the property on which their farm and homes are located. There have been three previous efforts made by York Downs Golf Club mem- bers to sell the club but the same members were divided into for-and-against factions. RA (£5 PINECREST STOCK CAR ID. FOR THE SPEEDWAY N47 HWY' HM: E.of HWY. 400 By ROSS MacMILLAN REE PARKING £4 72‘ 410sz Wwa t;-muuuuuulnmu“luuuuuunlmmmuummmu11mmunumuuImunan1mmmunum\\mummmuummmuuumnuunu4: Voters would have also had to approve payment of $850,000 for a little more than 400 acres of the Deacon owned Glenburn Farms near Unionville where the club will be moved. The land in question ,was subsequently sold to York Holdings for $1 million after the York Downs deal fell through.‘ But York Downs main- tained an option on the for- mer Deacon land and will now exercise it before the count was 363 to 184, not enough for the required two thirds. The offer to buy at that time was made by an un- named real estate firm rep- resented by Magnus T. Paul- son and amounted to $5,310,000 plus an additional $1,000 for every apartment suite | in excess of 1.000 built on the property after rezoning of the area. Meanwhile. _the members will play the Sheppard Bath- urst course through the 1970 Eeason. end of this month. Work will start on a 27-hole course thgg will be opened in 1971. Last week's vote ended 31- most three years of inter- club bickering in which old- er diehards have blocked the sale of the lush acreage sur- rounding the Don Valley art- ery. Tenders for the York Downs Club property will be called with Glen York having the right to bid $200,000 more than any other bid. If they fail to match such a bid they will still be required to sell Glen- burn to York Downs Golf Club. Safe, clean and odorless. “Quick- starting” -,ideal for cookouts or cottage wood fires. Giant size 48 oz. BARBECUE FIRE STARTER Special! Jumbo, Economy Size SUN FUN SPECIAL SAVE s1.89 . . BATTERY-OPERATED LIMITED QUANTITY SPECIAL 99-6286