From the Archives
C.C.U.B. Trust Fund
Larry A. Ewashen
Page 1 2 3 4

When the communal homesteads were cancelled in 1906-1907 in Saskatchewan over the issue of naturalization and communal living, the government of the day graciously reserved 15 acres for each resident over eighteen years of age on the periphery of each village. Of course, this was not sufficient for a family to survive on, and those Doukhobors who had left for British Columbia, had given up their ownership rights. These reserves dwindled as they were purchased by the new occupiers of the property after the Doukhobors vacated, in some cases by the Independent Doukhobors who stayed, and in other cases by other new owners who wanted to complete their holdings, particularly when the reserves bordered their land. In 1918, these former Dominion lands were sold or reverted to the province. The proceeds of the these sales were also added to an account supervised by the Saskatchewan government. It is important to note that these fifteen acre parcels originally belonged to the communal Doukhobors who had left for BC.

Up until the time of the bankruptcy procedures against the C.C.U.B. this fund was referred to as The Credit Surplus Fund and was held in trust by Toronto General Trust, later one of the receivers in the case.

The majority of the C.C.U.B. holdings were in BC. There were smaller operations in Alberta and land, a flour mill and farming operations around Verigin and Kylemore. These properties were all part of the foreclosure of the C.C.U.B.

After the costly bankruptcy procedures which lasted from 1938 to 1945, the sum of $142,111.07 remained, and this was held in trust by the Toronto General Trust, one of the foreclosing agents, in Regina. This money, then, was combined with the money from the proceeds of the 15 acres lots.

In time, this account grew to the sum of $222,000 plus an accrued interest. This sum was held in trust by the Canada Permanent Trust Company on behalf of the bankruptcy court and in 1979-80, was deposited with the Minister of Finance of Saskatchewan, concurrent with the creation of The Doukhobors of Canada C.C.U.B. TRUST Fund Act by the Saskatchewan government. This money then, belonged to the legal heirs of the C.C.U.B.or its creditors. But who were the legal heirs? Since it was surplus, presumably, the creditors were paid off. There were cases of people who had lent money to the corporation who were not paid, but had not made a claim at the time of the dissolution. Thus, they had forfeited any claims for reimbursement.


C.C.U.B. Trust Fund
Larry A. Ewashen
Page 1 2 3 4

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From the Archives