Legislature...
(Continued from Page 1)
Both want a Slate Board as head I
of the Departments of Fish and I ;
Came, and Education.
Capitol Move
The efforts to move the State
Capitol from Juneau are bound to
produce many a stormy session.
Legislators from Anchorage are ex
pected to provide most of the fire
works.
Most observers expect Unemploy- i
ment Compensation will be a big
issue, even though the nationally
reputable Commerce Clearing
House recently reported that the
Alaska ESC fund was the only fund
of the 50 States that did not decline
in the past year.
Democrats go into the Session in
narrow control of the House. There
are 22 representatives who bear the
party label, against 18 Republicans.
Over in the Senate, the lineup is 13
Democrats and 7 Republicans. The
figures can sometimes be mislead
ing, as legislators are known to
cross party lines on numerous oc
casions.
Minority Leaders
Sporting sizeable minorities, both ]
Senate Minority Leader John B.
Coghill of Nenana and House Ma
jority Leader Bruce Kendall of
Anchorage will be ready to strike
at any moment. Both are lawmak
ing veterans who know their way *
around the legislative halls. j *
Both on the floor of the Legisla- l
ture and in the wings. Guberna
torial candidates and their sup- |
porters in both parties will be mak- j *
ing the most of whatever develops. •
The Second Session may well have
a telling impact on who finally oc- I
cupies the Governor's chair for the j i
next four years. j c
And if the Legislators ever need
a few moments diversion, there is
always the game of how to spend
the more than $15,000,000 in bonus |
monies recently reaped from the . <
competitive oil lease sale. While no j
tax increases are anticipated in this j
Session, the budget promises to be j
a record breaking document. I t
_______________ \
j t
Manley Miner Is
Victim Of Dentist <
11
Tony Lanning. Manley Hot j
Springs gold miner, was in town j
last week and had five teeth yanked. ]
Ftafele Named As i
Ticket Distributor
Nenana ice classic ticket distribut
or for Fairbanks and all out-lying
ireas is Dave Hafele.
Hafele. a printer at Jessen's
Weekly was hired by Don Clark,
Manager of the classic to disperse
iekets in Fairbanks and to all points
in all areas from Barrow to Beaver.
Tickets for Fairbanks went on
tale last week and are available at ,
most taverns in the area. Co-op
Drug. Frontier Sporting Goods and
Denali Grocery in addition to many
:>ther local business houses, Hafele (
said.
Hafele may be contacted at Jes- ;
sens.
LEGAL ADVERTISEMENTS
UNITED STATES
DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT
Fairbanks Land Office
516 Second Avenue
Fairbanks, Alaska
Fairbanks 01314
NOTICE FOR PUBLICATION
Notice is hereby given that John
Seorge Schultz. P.O. Box 246. Fairbanks.
Maska, together with his witnesses, Wil
iam B. Bates and Marian F. Bates, both
if Fairbanks. Alaska, has filed Final ;
’roof for his Homestead Additional Entry I
Contiguous i. Fairbanks Serial No.
13144, for lands described as:
SW'.NWL. Section 14,
Township 1 North, Range 1 West,
Fairbanks Meridian,
containing 40 acres.
Any or all persons having knowledge ]
f any reason why Final Certificate and
atent should not be issued to said per
on should file their protest in the Fair
auks Land Office within the period of
iiblication or thirty days thereafter.
ROBERT F. HILTON
Chief. Lands Section
irst Pub.: Jan. 17, 1962
■ast Pub.: Feb. 14. 1962
IN THE SUPERIOR COURT
FOR THE STATE OF ALASKA
FOURTH JUDICIAL DISTRICT
n the Matter of the Estate 1
of )
EORGE H. MORTON. I
Deceased. 1
[ARRIETT S. MORTON. )
Administratrix. )
No. 61-161 Probate
NOTICE TO CREDITORS
NOTICE IS HEREBY GIVEN. That, by
irder of the Superior Court for the
■'ourth Judicial District. State of Alaska,
he undersigned has been appointed Ad
ninistratrix of the Estate of GEORGE
I. MORTON, Deceased. All persons hav
ng claims against said estate should
resent them, with proper vouchers,
.ithin six months from the date hereof
a the undersigned, at the office of
OLLINS and CLASBY, Attorneys for
aid Estate, in Fairbanks, Alaska, which
fiice is hereby designated as the place
.here the principal ■business of said
state will be conducted.
DATED, this the 16th day of January,
962.
/s/ HARRIETT S. MORTON,
Administratrix
'irst Pub.: Jan. 17. 1962
.ast Pub.: Feb. 7. 1962
DOG RACE & SWEEPSTAKES DRAWING
8-MILE RACE
Sunday, January 15, 1962
RESULTS
Starting
Position
c o
W £15
O V U
QHQ
T3
O
O. 2
« e
WH
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‘3 <1
£ Q
£ -D
■>T u
£0
afl
£
£
£
as
w «
Qt^» *T!
0/ o» £
^.Ho
whK
C/5
Ticket
Number
1. Godfrey Joseph 38:26 16
2. Jack Osborne 41:37 21
3. Milton Moses 36:27 11
(Driving Ted Oldre team)
'4. Steve Losonsky 33:11 1
5. Don Noll 88:34 17
6. Dick Simmons 37:53 12
7. Dick Best 34:26 6
8. Dick Lester 50:40 27
(Driving Roger Svoboda Team)
9. Gerald Riley 33:58 2
(Lundgren No. 1 Team)
10. Richard Frank 37:56 14
11. Rosemary Losonsky 35:15 8
12. Gary Atwood 43:15 23
13. Lee Forster (Mrs.) 54:42 29
14. Ben Barber 49:00 26
15. Jiim Lundgren 34:17 5
(No. 2)
16. Alex Klick 43:00 22
17. Jean F razee Disqualified
18. Andy Jimmy 35:22 9
(Driving Gigliotti No. Team)
19. Jiggs Gigliotti 51:17 28
(No. 2)
20. Bob Loveless 34:04 3
21. Bill Engles 35:07 7
22. John Greenway 35:23 10
23. Jeff Studdert 46:39 25
24. Dave DaJrymple 34:08 4
27. Bari Titus 37:58 15
25. Harold Green way 37:54 13
26. Jesse Taylor 43:32 24
(Driving Dick Parks Team)
28. Fred Paul 39:11 18
29. Laurence Titus 40:35 20
30. Clarence Charlie 39:30 19
Bill Cross 6440
A&W Wholesale 9195
Werner L. Seuss 13069
$80 D. C. Kelly 24563
Ken O'Hara 22763
Ronald A. Brand 16835
Glenn DeSpain 5262
Tom Morgan 7264
$60 Rachel Church 2478
GFF Pool 20063
B. A. Riley 2155
Margaret White 24560
Nerland’s 2661
Chas. Woodard, Jr. 1886
Reed and Martin '904
Nerland’s 2749
N.C. Co. 6696
GFF Pool 20119
Jim Crawford
$40 Barbara Martin 5138
J. H. McCourtney 1196
Griffin’s 791
Ray Williamson 677
$20 Quality Meat 23267
Hollie Sims 2756
R. H. Brackenslok 6511
BillHillen 2615
C. W. Snedden 2606
Weaver Brothers 20249
Peggy Tripp 5913
$ 1
$ 1
$ 1
$50
$ 1
$ 1
$ 1
$ 1
$ 1
$ 1
$ 1
$ 1
$ 1
$ 1
$ 1
$ 1
6167 $ 1
$ 1
$ 1
$ 1
$ 1
$ 1
$ 1
$ 1
Charier No. 7718
Reserve District No. IS
REPORT OF CONDITION OF THE
First National Bank
OF FAIRBANKS. ALASKA
IN
THE STATE OF ALASKA, AT THE CLOSE OF
BUSINESS ON DECEMBER 29, 1961
Published in response to call made by Comptroller of the
Currency, under Section 5211, U.S. Revised Statutes
Assets
1. Cash, balances with other banks, including reserve
balance, and cash items in process of collection.
2. United States Government obligations, direct and
guaranteed .
3. Obligations of States and political subdivisions .
4. Other Bonds, notes and debentures (including
$300,000.00 securities of federal agencies and cor.
porations not guaranteed by U. S.) .
5. Corporate stocks (including $30,000 stock of
Federal Reserve Banks* .
6. Loans and discounts (including $3,470.24
overdrafts) .
7. Bank premises owned $401,689.56, furniture
and fixtures $242,346 97 .
(Bank premises owned are subject to $NONE liens
not assumed by bank)
8. Real estate owned other than bank premises .
9. Investments and other assets indirectly representing
bank premises or other real estate .
10. Customers’ liability to this bank on acceptances
outstanding .
11. Other assets ......
12. TOTAL ASSETS .
$3,425,654.07
10,721,476.79
634,875.19
300,000.00
45,099.50
8.536,540.24
644,036.53
98.001.00
40,920.52
NONE
81,401.29
24.528,095.13
Liabilities
13. Demand deposits of individuals, partnerships, and
corporations .... 10.162,327.86
14. Time and savings deposits of individuals, partner
ships. and corporations .. 5,279,348.38
15. Deposits of United States Government (including
postal savings) .......- 2,556,180.73
16. Deposits of States and political subdivisions . 4,257,726.62
17. Deposits of banks . 35,000.00
18. Other deposits (certified and cashier’s checks, etc.) .... 259,209.67
19. TOTAL DEPOSITS .$22,549,793.26
(a) Total Demand deposits . 12,005,444.88
(b) Total time and savings deposits . 10,544,348.38
20. Mortgages or other liens, $ None on bank premises
and $ None on other real estate ... NONE
21. Rediscounts, and other liabilties for
borrowed money ...... NONE
22. Acceptances executed by or lor account of this
bank and outstanding ... NONE
23. Other liabilities ...... 130,816.55
24. TOTAL LIABILITIES ........ 22,680,609.81
Capital Accounts
25. Capital Stock:
(a) Common stock, total par $500,000.00 ) 500,000.00'
(b) Preferred stock, total par $ NONE )
retired value $ NONE )
26. Surplus ..:_______ 500,000.00
27. Undivided profits ....... 437,485.32
28. Reserves (and retirement account for pre
ferred stock) ... 410,000.00
29. TOTAL CAPITAL ACCOUNTS .. 1,847,485.32
TOTAL LIABILITIES AND CAPITAL
ACCOUNTS .. 24,528,095.13
30.
Memoranda
31. Assets pledged or assigned to secure liabilities and
for other purposes ......... 7,315,543.90
32. (a» Loans as shown above are after deduction of
reserves of...
33. (b) Real estate loans insured under Titles II, VI, and
VIII of the National Housing Act.
(d) Federal Housing Administration Title I repair
and modernization installment loans, to the ex
tent covered by insurance reserves .
(g) TOTAL AMOUNT OF LOANS. CERTIFICATES
OF INTEREST AND OBLIGATIONS, OR POR
TIONS THEREOF (listed above), which are ful
ly backed or insured by agencies of the United
States Government (other than “United States
Government obligations, direct and guaranteed”)
I, John K. Robertson, Cashier of the above-named bank, do solemn
ly swear that the above statement is true to the best of my knowledge
and belief.
JOHN K. ROBERTSON, Cashier
Correct-Attest:
WILBUR WALKER. Director
KENNETH A. MURRAY, Director
W. G. STROECKER, Director
First National Bank
MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION
Located at 2nd and Cushman
Free Parking in NC Parking Lot for Our Customers