INDUSTRIAL INCENTIVE PLAN
OUTLINED BY LEGISLATIVE COUNCIL
The final report and recommen
dations of the Legislative Coun
cil to the Twenty-second Legis
lature regarding an industrial in
centive program was released this
week. A bill carrying out the
purposes of this proposal is being
drafted for submission to the Leg
islature.
Findings of the committee
prompted the following recom
mendations:
1. No further industrial tax ex
emption laws be considered at
this time, because the exemptions
now provided represent tax con
cessions that are as much as Al
aska can reasonably expect to
provide sufficient incentive to in
duce plat location in Alaska.
2. Community leaders should
consider the possibility of form
ation of community development
corporations, and that the Alaska
Development Board be directed
by the Legislature to provide in- !
formation and assistance to com- !
munities in forming such com
munity foundations.
3. The Legislature establish an j
Alaska Industrial Development !
Corporation with board powers
to acquire by gift, lease, rental
or purchase and to construct or
maintain water, electric and pow
er utilities, airports, port facilit
ies, roads, produce and market
facilities, structures and equip
ment for industrial, mining, man
ufacturing or commercial pur
poses, tourist hotels and lodges
and other recreational facilities
for rental, lease or sale to pri
vate individuals or corporations,
private or public.
4. The corporation so establish
ed to be a public corporation auth
orized to function outside the reg
ular structure of Territorial Gov
ernment, and that its functions
be supported entirely from the
income from rentals of such en
terprises.
5. The corporation be authoriz
ed to issue revenue bonds to fin
ance any and all of its under-_
takings, provided that such bonds
do not constitute any pledge of 1
the faith and credit of the Terri
torial Government but that the i
Corporation be empowered to
pledge any and all of its property
and earnings to provide adequate j
securities to bond purchasers.
CATHOLICS TO HAVE
SPECIAL MASSES
The Festival of All Saints will
be observed at St. Michael’s Cath
olic Church, with mass offered
at 8 a.m. by Rev. James P. Snead
on Monday, November 1.
All Saints Day is a holy day
of obligation on, which all Cath
olics are required to hear mass,
the same as on Sunday.
All Souls Day
On All Souls Day, a day of
devotion, Rev. Snead will offer !
three masses, beginning at 8
a.m. All Souls Day is observed
annually in Roman Catholic
Churches, on November 2,
throughout the world in memory
of the faithful departed.
PAUL’S RADIO AND
TV SERVICE
Radio Repair
Guaranteed Service
Save money, time and your
disposition, bring your Radio,
Phonograph problems to us.
Mail orders promptly filled.
Sales and Service — Phone
23633 5lh & Barrow, Anchorage
NORTHERN
NEON
_ CORP.
SIGNS
Trucks, Cars Lettered
Manufacturers of
Neon Signs, Marquees,
Store Fronts and Tube
Lighting
540 Barrow-Dial 43734
ANCHORAGE, ALASKA
6. The corporation T>e empow
ered to exercise the right of em
inent domain, provided that such
power may not be exercised with
in the ircorporated limits of any
city without the consent of the
governing body of such city.
7. The corporation be authoriz
ed to accept contributions from
the federal, territorial, or local
governments, or from private per
son s, to carry out any of the fun
ctions authorized.
8. The corpora::on ne empow
ered to guarantee loans to pri
vate investors in new commercial
or industrial enterprises, to the
extent of r.ot more than 70 per
cent of the total amount of such
loans, and that the Legislature
make a contribution of $500,000
to be used exclusively for such j
guarantees, provided that the
Corporation be empowered to in
vest such contributions and use
the interest on such investments
for the purpose of administering
its other functions.
9. The corporation be restrict
ed from fostering those er.terpriz
es deemed to be injuriously com
petitive to established similar en
terprises situate in the geographi
cal area under consideration at
the time.
SUTTON SALLicS
By Flach and Rueffer
Our beautiful fall is at an end.
Did you notice the green-streaked
sky arched from east to west with
our familiar and beloved North
ern Lights—the first of the sea
son? Before the lights disappear
ed from view behind the moun
tains a golden fringe framed them
against the clear blue sky of the
night.
Also, our sunsets are becoming
more colorful as the days shorten.
One especially beautiful sunset
set forth colors of purple, rose,
yellow and blue. Only in Alaska
does one see such sunsets with
such mountainous backing. Now
the snow cap is permanent and
extending to the level ground
with our first snow of the year.
At mile post 62 in the townsite
of Sutton. The Alpine Inn and the
gas station are busy being open
twenty four hours a day Also
this is the end of the telephone
service. We hope to soon have i
couple road signs giving the
boundaries of Sutton as to its lo
cation and extension. At present,
signs point to the Jonesville and
Eska coal mines not far away.
Catherine Wade really has her
hands full and is doing a fine job
caring for the children in her
home while her husband “Tiny” j
AVERY V. RICHEY, paslor
YOU ARE INVITED
TO ATTEND
FIRST BAPTIST
CHURCH
Palmer, Alaska
Sunday School 10:00 a.m.
Worship Service 11:00 a.m.
Sun. Nighl Service 7:45 p.m.
Wed. Prayer Service 7:45 p.m.
An Outstanding Religious
Sound Film every Sunday
Night.
THE CHURCH WITH
AN INVITATION
PUBLIC INVITED
SUNBEAM controlled heat “fry-pan”
GENERAL ELECTRIC heating cables
AKRC-FOAM sponge kitchen mats
WESTCLOX Electric “Melody” wall clocks
2 Color Ring
pnxrinrD^ri hardware *
UnAaij£H y SPORTING GOODS
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Wright's
Travel
Agency
AT BERT'S DRUG STORE
ARE YOU TRAVELING ? ? ?
We are members of IATA, International
Air Transport Assn. Fares arranged to any
point in the world.
WE SHALL BE GLAD TO HELP WITH YOUR jj
ITINERARY \
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ALASKA RAILROAD TRAIN SCHEDULE
Each Thursday
Northbound
Read Down
7:30 a.m. Lv. Seward Ar.
12:01 p.m. Ar. Anchorage Lv.
ANCHORAGE. McKINLEY &
Northbound
Mon.-Wed.-Fri.
8:30 a.m.
12:50 p.m.
4:36 p.m.
8:30 p.m.
Lv.
Lv.
Lv.
Ar.
Southbound
Read Up
8:05 p.m.
3:30 p.m.
FAIRBANKS
Southbound
Tues.-Thurs-Sat.
8:15 p.m.
4:10 p.m.
12:25 p.m.
8:30 a.m.
Anchorage Ar.
Curry Lv.
McKinley Lv.
Fairbanks Lv.
ANCHORAGE AND WHITTIER
Lv. Anchorage 9:30 a.m. daily except Fri., Sal., & Sum On Fri.
lv. Anch. 6:00 a.m. & 5 p.m. On Sat., lv. Anch. 1:30 p.m. On Sun.,
Iv. Anch. 8:00 p.m.
Call Your ALASKA RAILROAD Agent for
Information
i
S
Wade works at the mine. The
house has really been extended
to hold the enlarged family. Jack
Corey has been the chief engin
eer and carpenter while Mr. Wade !
gives him a hand in his free time.
The house is spacious and well
heated. It has a modern bath and
kitchen. How would you like to
prepare 13 lunches daily?
Mr. Allen Richie and Mrs.
Norma Richie have a cozy little
house to live in now completed
j with an attached garage.
Mr. and Mrs. James V. Dolfi
| and family are very happy that
! Mr. Dolfi has finally got off the
| graveyard shift at the mine and
| is now working days. Now he can
I spend more time with his family.
TWO FWS OFFICIALS
GET NEW APPOINTMENTS
Secretary of the Interior Doug
las McKay recently announced
the promotion of Abram V. Tuni
son as chief of the Fish and Wild
life Service’s branch of game fish
and hatcheries. He succeeds Dr.
iu' c
PALMER BAKING CO.
D. Lloyd Meehan who was ap
pointed recently as assistant to
the director in charge of techni
cal staff services.
William Hagen, Jr., succeeds
Tunison as assistant chief of the
branch of game fish and hatch
eries. He has been chief of the
section of salmon propagation
since May 1950.
Anchorage Travel
Bureau
Lloyd C. Olsen. Owner, Mgr. j
Authorized Agent for all I
AIR — SHIP — RAIL — BUS 1
No extra charge for our
services
P. O. Box 1673 — Phone 23391
CRANE FIXTURES - DELCO HOME HEAT j
GIL BURNER SERVICE
BOX 753 PHONE 47J4
RUFFLED PLASTIC PANTIES
INFANTS SHOES 0-3
GIRLS HOSE 58 LENGTH 1
Togs 'n Seams
HAGEN BLDG. PHONE 74 1
Your confidence in your Physician — and your Pharmacist —
is based upon their experience. Our Pharmacists have many
years of experience in compounding the most complex
prescriptions.
2 Registered Pharmacists to Serve You
BERT’S DRUG STORE
Pay your light hills at the
new office
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Matanuska Electric
Association Inc.