PIANO TUNER
Dell E. Sheriff, Alaska’s tuner,
will be here about April 10.
Advertisement.
JUST RECIEVED, A FRESH
SHIPMENT OF HAAS CANDY.
The Alaska Shop
On information charging them
:with violation of the internal reve
•nue act, Arthur Vandamme and
Martin Korba were placed under
|arrest in Fairbanks. Both men are
out on bail, Vandamme in the sum
of $1,500 and Korbo in the sum of
$1,000.
I __
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wM
WM.
EVERY MONTH IN THE YEAR
1930 SALES DATES
April 21
May 26 — June 23
July 21 — August 25
September 15 — October 27
November 24 — December 22
65 MARION STREET VIADUCT
SEATTLE, U.S.A.
Special Sales Held on Request of Shippers.
Advances Will be Made as Usual When request
ed. Transferred by Telegraph if Desired.
Mel Holben, proprietor
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Seward Light & Power Co.
Light, Power and Telephone Service
Contractors and Dealers in
Electrical Supplies and Appliances
CALL MAIN O
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The KOHLER Automatic \
produces 110-volt current
The Kohler Automatic Power and Light Plant p-oduces
standard 110-volt electricity, and therefore allov.t you to
use the same standard electric light bulbs and appliances
used in cities. These appliances are available everywhere
and cost less than those of lower voltage.
Coupled with this advantage of the Kohler Automatic is
the feature of “no storage batteries.” This does away with
the trouble and expense of maintaining a large bank of
glass-cell storage batteries. The only battery used with
the Kohler Automatic is a small, automobile-type, for
starting the engine.
Thus the Kohler Automatic gives you all the advantages
of city electricity with the same convenience—simply
turn any button on the circuit and you have electricity
for power or light. Send for illustrated booklet. Come in
and see the plant in operation. •
Ha Storogc lotteries *110 Volts Automatic 1300 Watts
Seward Nachine Shop
COAST BANKER DEVOTES PAGE I
TO ARTICLE ON BANKING
IN ALASKA
The following article, the data
! for which was supplied by W. G.
Smith, secretary of the territorial I
banking board of Juneau, appear- !
ed in the March 20 issue of Coast
Banker, a publication devoted to
! “the business interests of the Pa
cific coast and slope, with special
attention to banks, bonds and
high-grade ecurities:’’
| While banks have been operat
! ing in Alaska for a considerable
| number of years, the oldest dat
; ing back to 1834, the matter of
: their regulation by law is rather
| recent as compared with that of
the states and older territories, !
having been in effect for only j
; about 15 years, beginning in 1914,
! to be exact. Prior to the year of j
; 1912, Alaska was known as a dis- |
| trict, governed by laws enacted by j
! congress, and, for a time, by ex- j
| tension of the laws of the state
of Oregon, so far as applicable. \
| There was no law in effect un
der which banks could be organ
I ized. Such incorporated banks as
were in operation, aside from two
national banks, were incorporated
in some one of the states and en- 1
tered for business in the district,
Washington, Nevada and West
Virginia apparently being those
most favored. Other banks were j
! adjuncts of general stores, the
| owners of which enjoyed the con
fidence of their communities, re
calling the origin of some of the
present strong banks of the Pa
cific Coast section, and banks of
other sections, too, no doubt, if
their histories could be traced |
back far enough.
All this may sound quite loose
to residents of older and more j
settled communities, but be it |
said to the credit of unregulated
banking in Alaska, its history is
marred by only one failure, this!
toward its close, a most disas
trous and flagrant one, it must
be admitted, with resultant bitter
and almost endless litigation.
One Serious Failure
Some irresponsible persons may
have upt up bank signs in a few
j of the boom camps, but, if so,
! the institutions gained little ccn
! fidence, were of short life, and in
! only the one failure did deposit
! ors suffer any evere loss. A truly
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NOTICE
MAIL BOAT EL HURD
makes monthly trips around
all the Shumagin Islands
and Herindeen Bay and will
land anyone anywhere on
either side of the Alaska i
Peninsula
R G ROSY OLD Capt
Sand Point, Alaska
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SCHALLERER’S
SHOP
ALASKA
IS'
Developing
Printing
Enlarging
Picture Framing
1
Photographs Copied |
and Hand Colored 1
remarkable record, it would seem,
if one will take into consideration
the recurrent booms and depres
sions incident to new countries
and mining camps. The deflat
ions resulting from exhaustion of
the rich placer mines were all ab
sorbed without loss to bank de
positors.
After years of agitation for a
territorial form of government,
congress in 1912 passed the Alas
ka Organic Act. whereby the ter
( Continued on Page 4 )
amT)
Builders' Supplier
JOHN e.
WHITE and CO.
High Grade Line of
CIGARS
TOBACCOS
CANDIES
FINEST BILLIARD HALL IN ALASKA
Paiien(«t accommodation* on all
Admiral Line vessels have bevn corn
in Ir tel ▼ and materially improved. Too
will find then very attractive and
comfortable.
Wayne Blue, sewara Agent
Go East via
California and
the Panama Ca
nal thru scr
v i c e via the
Panama Pacific
Line. Ask for
details.
SERVING ALASKA
Regular and Dependably
Vessel Sails Arrives South
from in from
Seattle' Seward Seward
Watson Apr. 9 Apr. 16 Apr. 21
Evans Apr. 23 Apr. 30 May 5
Watson Apr. 30 May 7 May 12
Evans May 14 May 21 May 26
Watson May 21 May 28 June C
I
i
I
Leave
Seattle
April 19 April 26
April 26 May 3
May 3 May 10
May 10 May 17
May 17 May 24
May 24 May 30
May 29 June 4
May 31 June 6
June 7 June 13
June 12 June 18
The Freighter Tanana
is scheduled to sail
from Seattle May 1.
Agent—J. EL FLICHINGER Main 125
Seward
Alaska
Yukon
Aleutian
Alaska
Yukon
Aleutian
Alaska
Yukon
Aleutian
Alaska
April 26
May 3
May 10
May 17
May 24
May 30
June 4
June 6
June 13
June 18