. OVrfUHrny Hu fAru* *f 4^/o^Aoa vUcsf 1 MuteHC *f±ltmd
Published every Saturday at Kodiak, Alaska
Yearly Subscription Rate $7.00
Second Class mail privileges authorized at Kodiak. Alaska
, Send notices of undeliverable copies to:
THE ISLAND PUBLISHING COMPANY
Box 1307, Kodiak. Alaska
Sig J. Digree, Editor and Publisher
Betha Digree, Executive Secretary
MEMBER OF ASSOCIATED PRESS
The Associated Press is exclusively entitled to the use or republics
tion of all neVks dispatches credited to it or not otherwise credited in
this paper and also the looal news published herein.
Girls Entered
In Queen Race
Indications to date are that
there will be six queen contest
ants who will seek the honor of
reigning over the King Crab F>eeti
val, May 8, 7 and 8.
ftay Martin, in charge of the
contest, stated that three spon
sors in town and three on the
Naval Station will announce their
queen contestants shortly.
A $500 cosh award or two round
trip tickets to Seattle with one
v. nek's stay at a hotel there were
announced as prizes to the win
r^ng contestant. All other girls in
■v •* '■ •l will ■fcch receive $50
in cj 'h. Seller of the winning tick*
et will receive $100. Tickets are
now being printed and will be
available tire first of the week.
At a meeting of the planning
eoanmattoe, with Roy Rickey as
chairman, ft was decided thtat no
change be made for booths this
year, .but that all booth sites are
to be arranged for through a com
mittee. Assignments are now be
ing made through Chuck Weir
and Chuck Powell.
Library Weak
Begins Sunday
The volunteer staff and Board
of Directors of the Kodiak Com*
muniby Library are urging attend
ance by residents of Kodiak at the
library during National Library
Week. Dates are from April 3 to
April 10.
Library hours are from 7 to 8:30
evvnty evening and from 10-12 a.m.
on Saturday. A membership card
coating $1.00 for adults and .50
<jpnts for students entitles mem
bership in the library association.
The library here has been op
ending with volunteer librarians
and cataloging crews since 1946,
inmiy, cf whom have served the
library since it started.
. Pv-nds to operate the K ,r>iry
come from membership fvt- . fine.i
from ow 'ch:o books, u.sh gifts,
aiHl memorial gifts. The State
matches purchase of books up to
the amount of $250 per year.
Hospital Notes
Criffin Memorial
A <cteai!jrhter, Susan Elaine,
weighting 7 lbs. 14 ozs., was born
on March 26 to Beverly and Louis
Horn.
A daughter, Sandra Ann, weigh
ing 8 lbs. 1 oz.. was bom on March
20 to Jane and Kerwin Molaxvie.
STAR DINNER PLANNED
Tho Order of Eastern Star has
scheduled a ‘Fireside’ dinner for
Saturday, April 9. The dinner,
wfckih will be held at the Rose
Roocn, Civil Service Club, is for
Masons. Eastern Star members
wd the- guests.
JOHN KARLSEN DIES
Jctfui Karlsen of Sanak, who
*<& brought here for medical
treatment several days ago, died
A Cti'tfim Memorial Hospital ear
lier this w»ek. Body of the de
ceased will be shipped to Sanak,
where he has a daughter, Carline
Andersen.
Two Local Men
Finish Training
SAN DIEGO, Calif. (FHTNC)—
Kelly Simeon off, Jr., apprentice
petty officer second class, USN,
son of Mir. and Mrs. Kelly Simeom
off of Kodiak, and Paul R. Har
mon, apprentice petty officer sec
ond cdsrss, USN, the son of Mrs.
Nettie Hannon of K&Hatk, affe
scheduled to graduate WUdch 18
Jrom nine weoks of Recruit Tt tim
ing at ti;e Naval Training Center,
San Diego, Calif.
A’lrrentiee petty officers a'ne
chosen Ifrom the nr.nks of the
seaman (recruits to assist Company
Commanders. The selection is
b^ied on individual aptitude and
leadership qualities.
Shooters Compete
About 250 military and civilian
shooters from all areas of Alaska
are expected to meet at the El
mendorf AFB and Folnt Richard
son firing ranges beginning Sat
li.I 'taiy and ending Sunday.
Both meets have also been des
ignated as sectional matches by
the National Rifle Association.
(Continued from page 1^
tinuousQy maintained his legal resi
dionoe wjtihin the state. A non
resident or talien is a person who
does not qualify as a resident as
defined above.
The license fees are as follows:
troM, resident, $15.00, non-resident
$45.00; long line, resident $25.00,
non-resident $50.00; drift gill net
(for first 100 fathoms), resident
$10.00, non-resident $30.00; each
additional 50 fathoms or fraction
thereof of drift gill net, resident
$5.00, non-resident $15.00; set net
(lfor first 50 fathoms), resident
$5.00, non-resident $15.00; each ad
tlMiopad 50 fathoms or fraction
thereof of set net, resident $5.00,
non-resident $15.00; beach seine
(for first 100 fathoms), resident
$10.00. non-resident $30.00; each
additional 50 fathoms thereof of
bench seine, resident $5.00, non
resident $15.00: purse seine (for
first 100 fathoms), resident $40.00,
non-resident $120.00; each addi
tional 50 fathoms or fraction
thereof of purse seine, residnt
$10.00, non-resident $30.00; beam
trawl, resident $37.50, non-resident
$100 00; otter trawl, resident $50.
00. non-resident $150.00; shellfish
pots (for 100 pots or less), resi
dent $15.00. non-resident $45.00;
for each additional 100 shellfish
pots or less, resident $15.00, non
resident $45.00: clam digger, resi
dent $5.00, non-resident $15.00.
Three state licenses are requir
ed to take fish for commercial
purposes in Alaska: vessel, gear
r<nd personal commercial licenses.
Commercial fishing licenses are;
resident $10.00, non-resident $15.
00; commercial vessel license, resi
dent $10.00, non-resident $30.00..
The residency of the skipper or
operator of a boat determines
whether the vessel and gear are
licensed as resident or hon-resi
dent. ‘ *
Tax Facts
Are you aware that, of the
property taxes levied in Kodiak,
ihnost half gees to the support
of Kodiak Public Schools? For
1959 the total assessment was
$210,787.00 of which the school
budget required $96,047.00.
Another large fixed cost of gov
ernment is the annual payment
to Aleutian Homes $24,900.00, for
purchase of the streets in that dis
trict. Tlhis is payable annually
for ten years, without interest,
and was contracted in 1955.
So subtracting these two items
from the total assessment we now
have left $89,840.00 of the original
$210,787.00.
Are you also aware that State
Legislative action in 1959 removed
from taxable property in Kodiak
approximately $1,000,000.00, the
Kodiak Electric pftant, the burden
of which must be distributed
among the remaining taxpayers if
usual services are to continue for
1960.
(Paid Advertisement)
POLICE SLOGAN
TV first signs oi spring. .'”re
tv > blooming idiots on the high
way
The Thrill That Cwwftw fcmyiw
A1! A*w -
A&OUT
TOVwW
V J
I
I.) c O O .1 • O •*
w. €
-foe coMPur\e+JiTt
/vyo coming fkc+%
OJ6 Too VtX)WO TZ»
flatter —r=
* -
KINS CRAB FESTIVAL
May 6-7-8
State Bank No. 89-19
REPORT OF CONDITION OF “BANK OF KODIAK”
of Kodiak in the State of Alaska at the close of business on March 15, 1960.
assess
Cash, balances with other banks, including reserve (balances, and $1,129,317.51
cash Hems in process of collection . . 1,784,688.45
United states Government obligations, direct and guaranteed . 532J71.ll
Obligations of States and political .rubdivis:ons . 519,970.58
vop^<! no*es. and debentures ■. ■ . none
Corporate stocks (Including $ none stock of Federal Reserve Bank) . 1326 814.22
Loans and discounts (including $C50 overdrafts) . ’ t1’1R1 M
Bank Premises owned $ none, furniture and fixtures ft 11.151.52 . ’
(Dank nremiT'i cwn-M rco cubtect to $ nor'e liens not assumed by bank)
Real Fsta*e cw''’ n bork yrrmre- . none
Investments and other assets indirectly representing bank premises or
other real estate ...... .. 80,000.05
Customers’ liability to this bank on acceptances outstanding... , none
Other assets ..,.... 3,091.98
TOTAL ASSETS ...... .. v 5,387,80539
LIABILITIES
Demand deposits of individuals, partnerships, and corporations .. 1,740.260.4*
Time deposits of individuals, partnerships, and corporations ... c«
Deposits of United States Government (including postal savings).W**sb*t
Deposits of States and political subdivisions . •... • • 1033’””‘"
Deposits of banks.
Other Deposits (certified and officers’ checks, etc.) . 24,73435
TOTAL DEPOSITS $4,892,366.98
Bills payable, rediscounts, and other liabilities for borrowed money. none
Mortgages or other liens, $ none on hank premises and $ none on other real estate none
Acceptances executed by or for account of this bank and outstanding... none
Other liabilities .. . 4,16238
TOTAL LIABILITIES . 4,896,5293*
CAPITAL ACCOUNTS
Capital* . 160,00035
Surplus . 160,000.08
Undivided profits .. 166,375.82
Reserves (and retirement account for preferred capital) for income tax. 4,900.03
TOTAL CAPITAL ACCOUNTS... 491,275.85
TOTAL LIABILITIES AND CAPITAL ACCOUNTS . 5,387,805.65
♦This bank’s capital consists of: total retirable value $ none
First preferred stock with total par value of -$ none total retirable value $ none
Second preferred stock with total pair value of —$ none
Capital notes and debentures of .$ none
Common stock with total par value of.$160,900.00
MEMORANDA
Assets pledged or assigned to secure liabilities and for other purposes. 1,497,106-2*
(a) Loans as shown above are after deduction oi reserves of. 49,32138
(b) Securities as shown above are after deduction of reserves of . 47,705.96
I, Mary E. Sorum, Cashier, of the above named bank, do solemnly affirm that the above statement
is true, and that it fully and correctly represents the true state of the several matters herein contained
and set forth, to the best of my knowledge asnd belief.
Correct—Attest: Mary E. Sorum
A1 Hochberger
A. Holmes Johnson
Directors
(SEAL) STATE OF ALASKA, CITY OF KODIAK,ss
Sworn to and subscribed before me this 28th day of March, I960,
and I hereby certify that I am not an officer or director of this bank.
HARRIET K. GUHRKE Notary Public
Notary Public in and for the State of Alaska
My commission expires June 13, 1963