Pa Wished every Saturday at Kodiak,* Alaska
‘Yearly Subscription Rate $6.00
r Entered in the Postoffice at Kodiak, Alaska as Second
Class matter under act of Congress of March 3, 187F
THE ISLAND PUBLISHING COMPANY
Sig J. Digree, Editor and Publisher
*. I»etha Digree, Executive Secretary
* Shirlev Black, Associate Editor
MEMBER OF ASSOCIATED PRESS
’The Associated Press is exclusively entitled to the use or republica
*:ion of ail news dispatches credited to it or not otherwise credited iD
this paper and also the local news published herein.
How Not To Burn Down A Building
DoifA smoke in hazardous areas. <
Report all defective electrical equipment and wiring.
Keep flammable liquids in safety cans and away from ignition
~ sources.
. ^ sprinklers should not be obstructed by stock.
Inspect fire appliances regularly and keep tt-'m easily available.
Don’t use opeif flan;*'s around flammable liquids or combustib>».
JDarft Hcek icre^oors.: r '•
Check heattag devices for defects and combustib les nearby.
Don’t delay odttteg Ifeq 4*r© department in case of fire.. ,
Here There *
Everywhere
How v*3 progress. Remember the
<days when you pored over a trains
timetable, trying to figure out
when the train was supposed to get
to a certain place. Tfcon later, the
airplane—-when no timetable was
necessary, but the simple static,
men! of tin>3 of arrival. We now
have a new timetable that reads
like this: ‘‘.Yakutsk • at 0025;
Prague, 0149; Riga, 0151; Moscow,
0152; Oslo, 0327; Halifax, 0752; De
troit, 0930; Washington, 0931;
Paris, 1006; Rome, 1009;,” Right
«out of the fiction ipagaziroe comes
the realistic fact that, a man-made
inoon has traversed into outer
space, and man has dewtsed.a satel
lite that travels around the world
-at 5 miles per second. - .
* « *
When we ^taijted, this Column,
the typewriter punched oqt the
heading '‘Here, Therte and Every
whei#’^—we have .extended our
field of reporting. While Milwau
kee was so steeped m its "first
world series, the Milwaukee Senti
nel blared forth the news “Today
make history” on the front
page, and referring to series,
With the story of the e irr ^
launching of a satellite j *ated
to the second ‘7-age, and with
pieople everywhere more concern
ed with football games, the Little
Hock incident, Asiatic flu, the
world series, this Russian accom
plishment has gone by not unno
ticed, but certainly not, totally
evaluated. America has spent $100
million on the same project. The
““beep ... beep.. beep.. *’ of < this
space-conquering object is a fore
runner of things to come, of
course—lucky are those who have
their years ahead to see them.
They may be fearsome and awful,
but they will be interesting.
The new council is swom-in. Its
tenure in office should prove inter
esting. It is comprised of men with
fairly divergent opinions, and is
more representative of the Kodiak
area. Certainly they are not a
group of “yes-men”. We wish them
*ucess in brewing up a good pot of
civic issues that will make good
fare for Kodiak.
* • • • *
iA group of friends gathered at
tile Town Club last Sunday night
Jojr a buffet style dinner
by this popular club, as a testimo
nial of appreciation to 0--j Johnson
nnd his wife, after the former’s
three years service to the city as
mayor. Ho was given a beautiful
wrist watch. Ole can be assured his
service was appreciated by many
moVe people than those present at
the dinner—in fact, by all resi
dents of Kodiak.
'§ ---
Griffin Memorial
Hospital Notes
Admit*od to Griffin Memorial
Hospital during the past week
were Park Mupsey, Mrs, Mary
Chase, Zack Rastopsoff, Mrs.
Louise Turror, Martin Inga. How
ard Catterlin, Jim Loan and Rus
sell Welborn.
Those discharged were Mrs.
Rhoa Knagin and infant, Mrs. Mary
Chase, Mrs, .Louise Turner, Zack
Rastopsoff, Howard Catterlin and
Alex Brown.
BIRTHS
Harry Wayne, weighing 9 lbs. 4
07S., was born on October 4 to
Rhea Knagin and infant, Mrs. Mary
nak.
Timothy Paul, weighing 7 lbs. 13
ozs., was born on October 4 to
John P. and Eileen Fitzgerald.
VFW Dept. Officer
To Arrive Monday
Department of Alaska Service
Officer, Veterans of Foreign Wars,
Jim Burnette of Juneau will be in
Kodiak Monday and Tuesday,
October 14 and 15.
Burnette will be at the VFW
Post Hall during the day and even
ing to confer with any veteran
needing assistance, or wishing to
discuss problems.
A joint meeting of Katmai Post
7056 and the Ladies Ancillary will
to held Monday evening at 8 pm.
All members are urged to attend.
COURSE VACANCIES
There are still vacancies in Typ
ing, Bookeeping and. Citizenship
Adult Education Classes, according
to Director of Adult Education, Dr.
Victor Strash.
The typing and bookeeping
classes began this past week and
are being held on Tuesday and
Thursday nights at 7:00 p.m. The
citizenship classes will began as
soon as texts are received from
Anchorage. Starting time is sched
uled for 7:30 p.m.
24 Local Elks
At Convention
About 800 Elks gathered this
week m Anchorage for the Terri
torial Elks Convention there. A
group of 24 Elks and their wives,
headed by John Gibbons, President
of the Alaska Territorial Elks
Association, and Exalted Ruler
Pete Ramaglia, flew from Kodiak
to attend th*3 convention which
ends today.
Highlights of the convention was
the ^presentation to two Elk not
ables of Alaskan flags. These were
autographed by the designer and
Kodiak resident Ben Bonson.
Recipients were Rev. RX Connelly
and Emmett T. Anderson.
The three day convention was
brought to order by president
John Gibbons Thursday morning.
On Thursday evening after a cock-,
tail hour, a smogasbrog was held
ip the Elks Ballroom. Following
that a dance and openhouse was
held in the ballroom.
New officers were elected Fri
day and will be installed this after
noon. This evening Gov. Mike
Stepovich will address the dele
gates at a banquet closing the con
vention.
Buying or selling—-Use the Class
ified Ads—They get results.
WARNING TO SPEEDERS
Chief of Police Vickery reports
that many drivers have been sgen
speeding along Brooklyn Avenue,
past City Hall.
He states that no further warn
ing will be given. Anyone seen
speeding will be issued a traff c
ticket.
Vickery alo commented that
parking signs at the Post Office
are not being complied with, and
steps will be taken to enforce the
law.
An important date—December
15—when the Messiah will be pre
sented.
-« This Match
Friend or Foe
It’s up to you!
Kodiak
can be
proud -
No Fires
this past
week.
DESTRUCTION phoni
KODIAK INSURANCE & BUILDING CORP
(OFFICIAL PUBLICATION)
REPORT OF THE FINANCIAL CONDITION
■ .t •<;, Of
The Bank Of Kodiak located at Kodiak, Alaska, Territory of Alaska, at the close of business on the 1
day of October/1957. . , v
ASSETS
iCash, balances with otl -‘r banks, including reserve balances, and
I cash items in process of collection, Schedule D, item 8.
(United States Government obligations, direct and guaranteed, Sched
I ule B, item 10.
Obligations of States, Territories and political subdivisions, v
Other bonds, notes, and debentures, Attach full schedule.
Loans and discounts, including $42.38 overdrafts, Schedule A, item 12.
Bank premises owned, None, furniture and fixtures $20,637.85
Bank premises owned are subject to, None liens not assumed by bank.
Investments and other assets indirectly representing bank premises
or other real estate.
Other assets, Schedule H, item 6.
TOTAL ASSETS
liabilities
Demand deposits of individuals, partnerships, and corporations,
Schedule E, item 1.
Time deposits of individuals, partnerships, and corporations, Sched
ule F, item 1.
Deposits of United States Government, including postal savings,
Schedule E, item 2, and Schedule F, item 2. ;
Deposits of States, Territories and political subdivisions, Schedule E.
item 3, and schedule F, it?m 3.
Deposits of banks, Schedule E, items 4 and 5, and Schedule F, items
4 and 5. V
Other deposits, certified and officers' checks, etc., Schedule E, item 6. <
TOTAL DEPOSITS, items 13 to 18, inclusive, $5,511,952.36
Other liabilities, Schedule I, item 6.
TOTAL LIABILITIES, not including subordinate obligations shown
below.
CAPITAL ACCOUNTS
Capital Stock, No. of shares 1600, Total par value $160,000.00
Surplus
Undivided profits
TOTAL CAPITAL ACCOUNTS
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
717,043 35
1,573,406.79
576,825:44
1,801,682.45
1,167,426.40
20,637.85
80,000.00
4,304.50
5,941,326.78 .
1,739,298.84
1,376,119.35
1,646,558.22,
737,597.78
1,060.00
11,318.17
3,845.17
5,515,797:53
160,000.00
160,000.00
105.529.25
425.529.25
5,941,326.78
I, O. A. Torgerson, President of the above named bank, do solemlv
is true to the best of my knowledge and belief.
r' O. A. Torgerson
President
A. Holmes Johnson
R. S. Achesoa
Directors
swear that the above statement
Place for Official Seal to be
affixed by Officer before
acknowledgement.
Notary must not be an offi
rer or director of the
bank.
urn ieu STATES OF AMERICA, TERRITORY OF ALASKA ss
Sworn to and subscribed before me this 7 dav of Octof .r * ia>>7
and I hereby certify that I am not an /• ° . C ot’'r’ 1957,
Harriet K. Guhrke ^ °f d’rect0r of thU bank
Notary Public in and for the Ter-ritory of Alaska
My commission expires 6-25-59.