DRIFTWOOD
News notes and conr.
ments on everything
and anything.
Residents of the Third Di
vision were shocked this week
to hear of the death of John
F. Gcjrsuch, territorial sena~
tor from Anchorage. Gorsuch,
54, suffered a heart attack
while asleep early Tuesday
morning, July 6, He was el~
acted to the senate in “1952
and served in the legislative
NEED A
STENOGRAPHER
OR
BOOKKEEPER
????
SEE MAPJON AT
DON E. SMITH
! INSURANE AGENCY
session of '-yon. Among other
pieces of legislation, be was
•iesponsible for the writing
of the successful community
college and school district *
fiscal independence bills.
The House of Representa
tives passed and sent to the
Senate this week a bill to
modernize the handling of in
sane persons in -Alaska. The
bill sets up procedures for
both voluntary and involuntary
commitment of mentally ill
persons. The territorial gov
ernment is authorized to ' set
up a treatment program of its
own with federal aid set at a
ceiling of £798,600. .Under
its terms, procedures for the
commitment, care, custody and
treatment of the mentally ill
would be modernized- The pre
sent archaic and inhumane sys
tem of arrest by law enforce
ment officers, trial by lay
jury and transportation to a
PARK OF HOMER
COMPARATIVE STATEMENT OF’ CONDITION
Cash on hand and due
from banks.
U. S. Govt, and Govt.
agency bonds
Loans..
Banking House and
equipment.......
Other assets....
TOTAL..
i A •
; Deposits.............
j Capital, Surplus, and
reserves........
i TOTAL.
June 30,1S53
>£108,655.21
80,399.67
159,594.07
10,124.98
270.04
£359,043.97
323,075.72
35,968.25
•8358,043.97
June 30,1954
£135,934.92
89,978.00
143,816.67
23,240.60 i
6,009,86
■£398,979.05
357,075.45 !|
!i
41,903.60
£39$, 979 ."05
PROGRESSING WITH THE KENAI PENINSULA
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mental institution in the
states would be abolished.
Instead, the mentally ill
would be entitled to medical
examination and professional
treatment in Alaska, with
commitment in the states only
when found necessary.
Governor Heintzleman says
the town of Wrangell expects
a population increase of 500
to 1,000 when its projected
two sawmills get into opera"*,
tion. The town's population
was 1,263 in ' * * 1«50.« *• t#
s Korean war veterans may
obtain direct loans from the
Veterans Administration until
July 31, according to Warner
Peterson, officer"in“charge
of the Anchorage office.. Pet**,
erson said the present loan
legislation is being extended
to that date pending passage
of new legislation now before
Congress.
Alaska's first circus got
underway yesterday in Anchor”
age and no doubt many Homer*",
ites have gone or will go to
see it. Well, a circus is
exciting all right, but for
real thrills we would rather
watch the moose feeding in
the meadow across the road a*",
bout sundown, or take our
chances on meeting a bear
face to face. Those are local
thrills no circus can match.
CLASSIFIEDS
Lot for sale on CT road ber,
tweep Holt and Lester DuFor
property, l~.acre, 4600, See
Don Smith at Insurance Agency.
.According to an Associated
Press report a 70 pound king
salmon was caught in Puget
Seund by a Seattle fisherwcr,
man recently. It was- said to
be the largest king salmon
ever caught by a sports fish*",
erman in Washington waters.
Wonder what local woman holds
the record for king taken
hereabouts by members of the
’’weaker sex”?
We see where a baby beluga
was captured near the village'
of Kotzebue recently, and is
amusing villagers and tour",
ists alike with its playful
antics. Everyone is hoping
the beluga will thrive in
captivity and become a town
mascot.
JULY 2 I
1 Clue WINNER
No. 67 - UNPAIO
MARION'S APPAREL
WWAlF.R ?SF THl
FRF t 6fU»-S£ JOB -
A 7 L 'I G A i?A(rf
I cit<f cauiKihi I
(Official Publication!
REPORT OF THE FINANCIAL CONDITION
of
THE BANK OF HOMER
located at Homer, Alaska, Ternitory of Alaska, at the
close of Business on the 30th day of June, 1954
RESOURCES
Loans and discounts......>... 4 58,986.92
Loans on real estate. . 84,745.60
Overdrafts. 84.15
United States bonds and securitiee..... 39,978.00
Other bonds and warrants.... 50,000.00
Stocks, secirtlties, judgments, claims, etc. 5,000.00
Banking house, furniture and fixtures...... 22,240.60
Due from other banks. 109,499.05
Checks on other banks and other cash items. 190.00
Cash on hand. 26,435.87
Unexpired insurance.. 101.00
Accrued int. receivable. 7’7.8®
TOTAL. 4398,979.05
LIABILITIES
Capital... £ 36,800,00
Surplus.. 1,475.00
Reserves. 3,628.46
Undivided profits less expenses paid....... .14
Demand deposits. 291,235.26
Time deposits. 52,664.58
Cashier's and certified checks. 1$ 175.61
T0TAL. £398,979705
United States of America, Territory of Alaska,
Third Judicial Division ~ ss.
I, w®. L. Matthews, Vice-President of the above named
branch ot the Bank of Alaska, do solemnly swear that the
foregoing statement is true to the best of my knowledge
and belief.
Wm. L. Matthews, Vice-President
(Notarial Seal)
Subscribed and sworn to
before me this 8th day of -
July., 1954.
LaRene J. Rogers, Notary
Public in and for the ler*.
ritory of Alaska. My conr.
mission expires 9/4/57
(Correct Attest)
Robert W. Kranich,
Geo. W. Bishop,
Directors.