MEA. LOAN APPROVED
Cont. from page 1
that REA loans bo made on a self-liquida
ting basis, and the cooperative recoived
approval for its nou $185,000*00 loan only
after REA had thoroughly completed a study
of the application*
This feasibility study shouod that the co
operative could borrow $40;000.00 for a
hoadquarters building; $56,(755.00 for new
lino extensions; $80,000*00 for system
improvements and $8245*00 for contingencioi
and have adequate revenue from consumers
power'bills to meet Operating expenses and
repay, with interest, all the money bora»
rowed from REA for its rural pouer facili
ties, Mr. Lepak said. Ratos charged con
sumers by the cooperative are based on the
actual cost of service*
Since the Matanuska Electric Association,
Inc. was organized in 1941, it has re
ceived $273,000.00 in loan funds, oxilu
sive of the $185,000.00 just loaned by
REA* The co-op is making payments on
schedule and has paid REA a total of
$38,264.84 in principal and interest on
its 55 year 2$ interest loans, Mr# Lepak j
said.
BRYAN CALLED TO
WASHINGTON D.C,
H.G; Bryan, Territorial Administrator for
REA, has boon called to Washington D*C
by the National Administrator for REA,
Claude R* Wickard* Mr* Bryan is flying
to Washington on Monday*
He has been summoned for the purpose of
a sories of conference s'dealing uith the
Alaska all-over program, new allotments,
the poner development program and long
range planning for the development of * REA
in the Territory* Mr* Bryan does not
knov7 hou long these conferences uill take,
MILK ■TEST ■ REPORT BACK ,
Cent, from page 1
Solids-nonfat, Butterfat, Specific gravity
Standard plate count and Coliform.
The logarithmic average on bacteria count
uas 18,000 for the milk as a \7holo. Hie
butterfat determination shouod that the
Co-opts tests TToro uell abovo the tests
made by Mr* Morley.
Individuals have been notifiod of Mr* Mor
loy’s findings* If thore aro producers '
uho have received no uordfram Mr* Morloy,
they may obtain the figures frem the Cream
ory fonoman* i
AUXILARY PLANS PARTY
Ladies of the Le&ion Auxiliary met in the
Grange Hall on November 4. A party and
Box Social tras planned for the December 3,
mooting* Guests uiirbe invited to attend
Gifts for bed-fast children trill bo ex
changed at a Christmas Tree and trill,be
secht to the Orthopedic Hospital in Sitka*
The Party trill be held at the Grange. Hall
on December 3, at 8 p%m*
THANK YOU.
77o nish to take this opportunity to express
our sincere appreciation and heartfelt
thanks to our friends and neighbors for the
kindnoss and sympathy extended to us during
the recent illness’and death of our beloved
husband and father*
Kate and Bill Hamby*
Mr* and. Mrs* Ed--Barrett aro celebrating
3their 18th^/Wedding Anniversary on- Friday of
this tzcefc:.
PALMER
. F. II SI ms
DEflTIST
ALASKA
PEPiRL LUHITE 'LPUdDRy
* • < <
ig wear and - sQj._
v/inds 2c winter V \
Avoid the
tear of
noather on your clothes—
Send tlien to us,
IRENE LEPAK
M
GIVE HER A
PERMANENT
FOR CHRISTMAS
LOU RASMUSSEN
PHONE: 6 Y3
| GET YOUR
kl
HOLIDAY CLOTHES
CLEANED EARLY
PICK-UP 6 DELIVERY
SERVICE
PALMER A WASILLA
OPEN 5 DAYS A.- WEEK
MONDAY - -- FRIDAY
M;-.ry 'T7 itt——Omer