THE HOMER NEWS
Published every Thursday in Hotter, Alaska
Hegdahl and Raver, Publishers
Pill Raver, Editor
Subscription Rates
1 year....$5.00
6 months. 3.00
3 months.. 2.00
A SOUND MOVE
Just a month has passed since the PUD board of directors
hired Homer Thompson to manage the affairs of the district.
From our observation it was a very wise move and the board
should be congratulated.
Many folks fail to realize the amount of work involved
in keeping the records, the correspondence and the daily
personal contacts necessary for the smooth operation of a
political sub~division such as the PUD.
It has been impossible in the past for the directors to
take care of all the details necessary to insure an'efficient
operation of the PUD. Py having a manager they can issue the
necessary orders and be sure that they are carried out. They
no longer will be required to stop their work during the day
to cope with problems concerning the PUD. Their directors’
meetings will be more orderly and more business accomplished
because they have a manager to organize things
People will no longer have to go in search of the board
©embers to seek answers to their problems. They can take
them to the manager at the- PUD office, and if necessary he
can present them to the board for study and answering.
Put probably one of the best results of having a mana~
ger, from the public’s standpoint, will be that the public
will be properly informed of the PUD business.
Mr. Thompson has initiated a weekly news release program
covering the important items of correspondence received by
the PUD, a resume of important PUD news and miscellaneous
bits of information concerning the district.
The people have a right to be informed and the manager
i« doing just that through the local existing media.
We think that the choice of Mr. Thompson was a wise one.
He is doing a fine job and we hope that he continues his
sp3endid public service.
REA LOANS PROVE SOUND
Although approxi irately
§3£,000 in Section V loans
have been made through the
Homer Electric Association in
the past three years, Jiggs
Tice,HEA manager, states that
not one dollar has been lost
by the association.
Section V loans, Tice ex
plained, are made from funds
loaned to the HEA by the Rural
Electrification Administra
tion to be re~loan£d to the
people to be used to buy elec
tric appliances, to electrify
their hones, or to place plum
bing in their homes. The
loans carry only 4 percent
interest.
The idea behind the loan
program, he explained, is to
FOR THE BEST
OF SERVICE AND THE
FINEST HOSPITALITY
IN HOMER
VISIT
HAROLD AND ELECTA
AT THE
STERLING
BARS.
LIQUOR STORE
build up the power load in a
given area. Seventy-five
Idans have been made in the
HLA area to date and more ap
plications are on file.
H&A first borrowed $14,OCO
fro© RLA in July, 1951. By
the Fall of, 1952 the entire
amount had been loaned to lo
cal consumers and a second
-loan of $15,000’was obtained.
This amount lasted until Aug
ust 1953 when a $'25,000 loan
was obtained from RLA. Of
this amount considerable is
left, Tice said, to take care
of the rush in loan applica
tion that occurs after the
fishing season each year.
To receive a loan from the
HtA an application blank must
first be filled out. In ad
dition to the usual credit
references required, the per
son states what he wants to
buy, how much it will cost
and where he '.intends to buy
the item in question. It pos
sible, all items must be pur
chased localTy. In the case
of appliances, a 25 percent
down payment is required and
when the loan is approved the
merchant selling the item is
paid in full by the HiA and
the borrower pays the HLA ov
er an 18-month period. When
loans are made on plumbing
and wiring the same require
ments exist except that the
borrower is given 38 months
FISHING FOR SILVERS’
FOR THE BEST OF FISHING
GEAR FOR ALL LOCAL
WATERS SEE OUR STOCK
P
+—*■
4.
T
to repay the loan. Should the
borrower f ai 1 to meet hi s
monthly payment to HEA, the
merchant making the sale is
notified and, if necessary,
he must make the payment to
the HEA. and make his settle
ment with the buyer. The lat
ter arrangement does not place
the HEA in the rolb of a col
lection agency.
The only other requirement
to be met by a prospective
borrower is that he must be a
member of the Homer Electric
Association.
When a loan application is
received and it is under
$1,COO, the application is re
viewed by a loan committee of
three members whose identity
is not made known and of whom
two are members of the HEA
board of directors. If the
loan is for more than S^OOO,
it is reviewed by the board
of directors and the HEA.
Loans in this area have
been made not only to families
wishing to improve their stan
dard of living, but to busi
ness firms as well.
The Section V loans have
proved to be of benefit to the
HEA as well as to consumers.
The power load in the area
has been built up and the con
sumers are able to enjoy more
of the things that go to make
life just a little bit easier.
STUNG BY HORNITS
Bill Wallace, publisher of
the Milepost and Dick Greg”
oire,son of Mr. and Mrs. Har”
ry Gregoire, both know what
it feels like to be stung by
a hornet after separate ey~
periences Sunday.
Mr. Wallace was stung
three times, once on the eye
lid and twice just below the
right eye. Dick Gregoire was
stung once on the eye lid.
TRY A NitWS CLASSIFIED
ALL BILLS DUE BY •
AUG. 12
TO REPORT TROUBLE
Electric
Association
PHON E
F4VILY PICNIC
jjocal treirbers ot the Jones,
Scroggs, Carlson, Hugh and
Workman families enjoyed a
big picnic at the Green Tim"
bers picnic grounds Sunday.
Ora Jones reports that hugh
quantities of food, iruch fair
ily talk and sotce baseball
were included in the after
noon^ activities.
PRINTING ADDED
The NEWS is happy to an
nounce that it is local rep
resentative for the Anchorage
Printing Company. Anyone
wishing to have printing done
is urged to contact the NEWS
for prices.
HEAR DEMOCRATIC SPEECH
Mr. and Mrs. D.A. Peterson
drove to Anchorage Saturday
to attend the Stevenson speech
in Mu3cahey Park on Sunday..
They drove Harry Hegdahl's '
car and too* their grandson,
Skip Hegdahl, with their.
OFFICIALS HERE
Mr. and Mrs. A1 Hayes and
Mr and Mrs. W®. Peterson of
Washington, D.C., accompanied
by Mr and Mrs. Eugene Norton
and Mr and Mrs. Kay Johnson
of Anchorage were Homer vis;i"
tors recently. Hayes is in"
ternational president of the
Machinists’ Union.
TAKING CARE OF CHILDREN
• Mr. and Mrs Harry Hegdah.1
are taking care of the Abbott
girls, Lynette and Charleen,
until their grandmother ar~
rives from Anchorage.
DO YOU KNOW
Do you really know the
value of your furniture
and personal belongings?
To help you know, I will
gladly furnish a house"
hold Inventory book which
lists, by room, all items
you are likely to have.
Many home owners are sur~
prised when they add up
the figures they have
placed in this book.
POX 125 HOMER
POX 119 KENAI
AUTO FIRE LIFE
DON t SMITH, INSURANCE
STANDARD OIL PRODUCTS
PlAnTHOURS - SALES OFFICE
NOON-2 PM. ' NEXT TO BANK
MON WED, FBI.
PHONE 40 HOMER