Vcl.2
1.
pril 20
1030.
Palmer,
• Ir.skn.
Mo. £1
ANCHORAGE LIGHT AMD H O’.VER
IN TIIE VALLEY
Word was received too late for
last weeks issue, to the offeet
that the Anchorage Light and
Power Co. had received the loan
applied for from the Federal
Reconstruction Corporation. Thi3
will enable thorn, to extend their
line from -dEllutaa through the
valley to the Willow Creek Dis
trict as planned. They also plan
to install a sub-station at the
four corners the other side of
the Experiment Station for the
convioncc of the people of the
valley wanting rural elcctri.ficar.-.
tion.
In I.'.r.Andoraon's report to Wash
ington !). C. , Anchorage Light and
Power from Eklutna was recognized
as a possible source of supply.
The expense of connecting in at
Eklutna and tho problem of bring
ing power across the river were
pointed out as very expensive.
With thi3 expense dominated it
will bo possible to build a line
only to the four corners which
would now seem to be the most
practical projectf as well as the
least expensive.
The board of Directors in charge
* of investigation should be urged
to recommend this means of obtain
ing electric power for the valley
and application for a Aural
Electrification Loan to install
the lino should be applied for at
once.
The committc in charge of raising
.funds for the necessary prcliminar
servey made by Anton Anderson,
lack approximately $40. to pay for
(continued on page 2 )
BTJJIl-r.'SS OF BOARD 'EFTTNG
APRIL 24.
Tho moetine was crlloA to order
at 8:25 by President Huntley,
i.ll members v/cro present.
Following a discussion on finan
cial sources available to farmers
in the Territory, a motion was
carried that the Farm Security
Administration bo requestAd to
extend it3 services to Alaska.
Applications for Purchase-Divid
end privilege by Noil '.'.’right, Ray
Perrin and Don Aldrich Stage lire
and Harold Moore were accepted,
Brix dissenting to tho last named
on the grounds that tire applicant
was eligible for full membership.
A motion was carried authorizing
Mr.Stock to soo Mr.Head ancl try
to arrange the necessary action
for income tax exemption. A
notion was made by Linn that Re
deemable Certificate s of Equity
be issued to members covering
their equity in the Association.
Also moved by Linn that the
Accounting Office be notified to
segregate member and non* member
business. Both motions carried.
Motion by Vasanoja authorizing
the printing of Equity Ccrtifi<
cates was carried.
Motion by Brix , seconded by
Frank that Carl Rasmussen be
elected Secretary-Treasurer of
the Association. Carried.
Motion authorizing L.C.Stock to
write checks on the Association,
j and that all checks drawn on the
Association must be countorsigncd
by cither the President or the
(continued on page 2)