Rotary Learns
Of Jet En&ne
A Technicolor film explain
ing the simple function of the
Jet engine was shown the
Rotary Club Tuesday follow
ing the regular luncheon at
the Montmartre Inn.
A wire recording purported
to be made by members of the
club was played. Ed Sande
was master of ceremonies.
The recording was made with
the assistance of Mrs. William
Stone, wife of club president
Rocky Stone.
Guests attending the meet •
ing were C. W. Truitt and
Ralph Shupp.
Cold Storage Co. Holds
Meeting Monday Night
A stockholders meeting ot
the Kodiak Ice and Cold Stor
age Co. Inc., was held Monday
night at the Bank of Kodiak
with Wallis George of Juneau
presiding.
George gave an oral report
of the developments of the
company since its organization
and presented a balance sheet
as of April 2, 1952. In his re
port George pointed out the
increase of costs of construc
tion and the unwillingness of
contractors to assume certain
' risks except at prices which
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the company felt were pro
hibitive.
Directors for the coming
year are George, president,
Ben Kraft, vice president,
Marshall Crutcher, secretary
treasurer. Jorgen Fredrickson1
and Jess M. Blinn, directors. I
George plans negotiations
with the ^Reconstruction Fi
nance Corporation for a loan
with which to finish the plant.
If the RFC is willing to lend
some money but not enough
to complete the plant with a
capacity of 5 million pounds
he intends to change the de
sign of the plant.
Original plans calls for a
three story plant. If only
enough money is available for
two stories the design-shall be
changed with ' sufficient
strength to accomodate a third
story addition later.
He pointed out that the cold
storage company would have
to acquire title to its property
from the City of Kodiak be
fore it can execute a mortgage
to RFC or any bond buyer.
The stockholders gave a un
animous vote of confidence in
the management.
Later in the evening,
George, and local stockholders
appeared before the city coun
cil to request title to the site
of the Company’s plant at the
city dock. George stated that
$25,000 has now been paid in
rentals and that the company
must acquire its site to
qualify for any kind of a loan
or bond issue. '
He also asked the city coun
cil to extend the incentive of
exemption from property
taxes for a period of years
which he said is contained in
the original contract.
The council indicated it
would give attention to the
matter. George left Tuesday
via PNA for Anchorage.
Commissioner’s
Fee Raised
Washington (-!’) — The
House last week shelved a bill
to provide an additional fede
ral judge for the Third Judi
cial Division.
The bill, if it has passed,
would have permitted Presi
dent Truman to appoint 23
new judges. The fight against
the measure was along party
lines. i
U. S. Commissioners in A-1
laska will not be able to re- ]
tain $7,500as yearly compen-l
satior. from fees collected un
der a bill approved this week
by the House Interior and In
sular Affairs Committee.
The measure, sponsored by
Delegate E. L. Bartlett,
would amend a law passed
four years ago ^vhich raised
the ceiling from $3,000 to
$5,000. The bill would affect
five U. S. Commissioners in
the Territory at the present
time since only that number
collect fees in excess of
$5,000.
More Goats Join
Kodiak Herd
Two more mountain goats
were brought to Kodiak this
week by a U. S. Fish and
Wildlife Service plane and re
leased in the Ugak area.
The two now bring the
total goat population on Ko
diak Island to five. A stock
ing program for the island
calls for the placing of 20
goats here. The two released
Monday were a male and fe
male.
The FWS is purchasing the
goats from trappers who are
under contract to the service
to catch the elusive animals.
The trappers get $350 for
each goat.
Mrs. Diana Brinson of the
Casino Sporting Club plans to
fly to the states for two
weeks. She will return to the
Casino Sporting Club,
enjoy your
vacation
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