ARRC Asks Foreclosure
On Co-op Loan
(Contnued from Page 1)
required written permission.
(c) The Co-op promised, un
der the loan agreement to sub
mit to the Corporation for ap
proval, at the time and in the
form required, budgets of pro
posed expenditures of loan
funds and for all other oper
ating expenditures. Budgets
have not been submitted. An
operating plan, requested in
April, has not yet been re
ceived.
(d) A provision of the agree
ment, which protects the loan,
specifically states that notes
become due and payable if any
suit is instituted against the
borrower, which in the opin
ion of the government will
have an adverse effect on gov
ernment interests. It was point
ed out that the dairymen's suit
violated this clause in three
phases: first, by the mere fil
ing of the suit; second, when
j u d g m ent was recovered;
third, when an attachment was
issued.
Action on the Corporation’s
recommendation to the FHA is
expected within a month The
board gave notification of its ac
tion to James P. Davis, who re
cently attempted to bring an
amicable settlement to differen
ces.
The board’s recommendation
was the unanimous action of the
group. M. D. Snodgrass and Roy
Brock were admitted to the Mon
day meeting to plead the Co
op’s case, but there was no dis
senting voice when the final vote
was called.
Carl Rasmussen, secretary of
the executive board of the
3VIVFCA, said he was awaiting
official written word of Corpora
tion action before making any
statement on behalf of the Co
op. He pointed out that he had
no actual knowledge of the Corp
oration's Monday action at this
time.
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Anchorage Fair Plans
Valley Day On Sunday
(Continued from Page 1)
A men’s division, a women’s di
vision for boys under 15 and a
division for girls under 15. Con
test rules require that a 5/8
ounce plug be used. •
In addition to this event, there
will be softball games during the
afternoon and evening, a country
store, a Bingo game and all the
regular Midway events.
The Matanuska Valley Fair car
will be on display at the Anch
orage grounds, and tickets will
be sold throughout the three-day
event.
Plans for the Matanuska Val
ley day were accomplished
through the efforts of M. D.
Snodgrass, a member of the local
fair board.
The Alaska Railroad has prom
ised Palmer a special train for
Sunday. The train is scheduled
to leave the Palmer depot at
10:30 a.m. and will return that
evening at 9:30 o’clock.
No Meeting Yet
No new date has been fixed
for the final property valuation
meeting of the Chamber’s incor
poration study committee, chair
man W. C. Mau said today. Mr.
Mau said he planned to set a
new meeting date just as soon as
he had conferred with other com
mittee members. He expects to
call the group together not later
than next week.
Entertain Family
Leonard Moffitt entertained a
number of his relatives at his
farm home last Saturday eve
ning. He was assisted by his
aunt, Mrs. Kathleen Hecker. Ear
lier in the evening. Larry Cox
also entertained at the Moffitt
farm, when a number of his
young friends gathered there to
help him celebrate his fourteenth
birthday.
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FAIR BUILDINGS
BEING READIED
GREEN'S FLYING SERVICE
(at Palmer Airport) r
4
Student Instruction
Charter Flights
GI Training
Matanuska Electric
Association, Inc.
For Power Distribution
GOODYEAR
BATTERIES
'vk FOR CAR, TRUCK
tand tractor
Heavy-duty batteries
built for extra starting
and staying power.
CO-OP
GARAGE
Palmer Phone 16YI1I
Discussion of details of con
struction plans for buildings to
house exhibits occupied much of
the time of the fair’s board of
directors last Tuesday evening.
M. D. Snodgrass reported that
two Pacific huts are in the pro
cess of erection, in which to
house exhibits.
The women’s organizations of
the Valley, which are planning to
serve meals during the fair, were
granted necessary space in half
of the present administration,
building. Their dining hall and
| kitchen will be established there.
Marshall Selover, fair mana
ger, was unable to be present at
the meeting, but he sent a prog
ress report of work accomplished
to date. He said premium book
advertising grossed S3,250 but
car ticket sales were lagging with
the total being something under
SI,000. It was reported that one
concessionnaire, who will oper
ate the kiddy rides on the Mid
way, had requested nine addi
tional concessions.
Several foods concessions have
been granted space along the
Midway.
Because of the work involved
in preparing scripts. Mr. Selover j
suggested that the planned radio j
programs be dropped. The board j
took no action on this suggestion.
Upon the manager’s complaint of ;
the heavy pressure of fair work,
Mr. Snodgrass was named to as
sist him.
The board ruled that a list of!
premium book advertisers should
be compiled at once, so that bill
ing may be completed as soon as
possible. The book’s publication
has been delayed by labor trou
ble in the Times printshop, but
it is expected to be finished some
time next week.
L. C. Stock appeared before
the board to request use of a
building by the Matanuska Val
ley Sportsmen at the conclusion
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of the fair. He presented long
term plans for a permanent struc
ture. but asked permission to
rent one of the present fair build
ings. The matter was referred to
the grounds committee upon the
motion of Jan Koslosky, with in
structions to work out a satisfac
tory lease with the Sportsmen.
Mr. Stock also told the fair
board that the Sportsmen tenta
tively were planning to present
a show, made up of members’
slides and movies, as their contri
bution to the fair. '
Mr. Snodgrass presented plans
for the establishment of a park
ing lot at the fair grounds this
year.
Don Irwin pointed out the need
for enlarging beef cattle classes
listed in the premium book. Cat
tle of three types, shorthorn,
Hereford and Angus, will be ac
cepted for competition. An An
gus herd owner of Homer will be
invited to show his cattle.
Judges were discussed, but
no definite appointments were
made. Rusty Dow tentatively
was appointed as superintendent
of the art department. She re- i
places Mietzi Bleck, who is ill.
Mrs. I. M. Sandvik was named l
the superintendent of the farm
garden department.
Parker Lester reported that an
Anchorage firm has offered to
set up a public address system,
without charge, during the three
day fair. The firm will take its
revenue from commercial adver
tisements, but will broadcast all
desired fair announcements and
schedules without charge.
Because of the press of busi
ness and the need for a more
thorough discussion of the fair
program, sports events and La
bor Day activities, the board de
cided to meet again tomorrow
evening at 8 o’clock.
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A New Name
(Formerly Palmer Photographic Center)
but
It’s the very same place
with
The same friendly service
We now have the merchandise you’ve been asking for
STATIONERY
SCHOOL SUPPLIES
BEAUTIFUL GIFTS
GREETING CARDS
• •••••'
• •••••
a a a a a •
HAND-CARVED IVORIES
SOUVENIRS
COSTUME JEWELRY
a a •
a a a
*y
CAMERAS
= PHOTOGRAPHIC SUPPLIES
= Open every week-day evening until nine
See Us First for Gift Items
PHOTO FINISHING
Closed Sundays
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