Kodiak mirror. [volume], July 19, 1940, Page 2, Image 2

About Kodiak mirror. [volume] (Kodiak, Alaska) 1940-1976

Image provided by: Alaska State Library Historical Collections

                
■ --..cn i ...Jim, run, i i hk r.
pLAm ■ ”
, The trustee3 of the Community Po
iv;or Company of Kodiak hold their first
looting at the Bank of Kodiak, Tuesday
evening, and elected the officers of
the company. The trustees of the com
pany arc: Dr. A. R. Roberts, Bon
lie*aft, W. J. Srskino, 0. A. Torgorson,
and Warren A. Taylor.,
Dr. A. R. Roberts was elected
President of the trustees; Ben Kraft,
|Vice-President; 0. A. Torgorson,
; Treasurer; and Warren A. Taylor,
| Secretary.
! It was decided to comr.ionco the
! immediate construction of a power
ihouse and a transmission line so that
jupon the arrival of the generators
■ they could be placed immediately in 1
j commission and furnish lights to all '
the subscribers for the service.. At -
the present time, approximately BG
kilowatts of electrical energy have
bp^n contracted for. It is felt that
m&Jiauch a generous response, the .. •
pWSSSo^of another power unit will j
bo necessary immediately, to provide I
for the extension of the service. I
j ^dPho subscriptions to the Corti- |
j fieatos of. Interest in the Community
! Power Company/ are based upon the csti-1
jmated consumption of electricity by ;
I the subscriber, one unit in the com
;pony being represented by 500 watt
! estimated use. The par value of each
!unit is b125.00. The company plans
ito furnish juice to subscribers at a
i 10(1 per kilowatt rate, with a gra
duated downward scale based upon the
amount of energy consumed.
The profits from the operation of
the company, will bo paid back to the
.subscribers in the form of dividends,
or used for the extension of the scr- j
vice to the entire town.
Experience of other towns in
milaska has shown that the community
own'od plants have boon the source of
much revenue to the cities which
have engaged in municipal ownership.
With this fact in view, the trustees
fool that when the city is incorporat
ed 'and able to finance the purchase of
•uhefc c a 1 ao s c t s of tho c onp any the
3me should oo 3ole to the
nunicipr.ilti* c.t its rctur.l
cost.«,«;,> The retention of
'the control of. tlic utili
ties i n Ko d irk w ill ic r.n ■
the retention (see p. 11)
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■ FAST TRANSFER C'F FREIGHT
WE UilA A SPECIALTY OF
HAULING HOUSEHOLD GOODS
■ to tie naval base or to
BUSKIN VILLe
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! TRANSFER
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FISHERMEN
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SEAMEN
HEADQUARTER S
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Owner
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COLD storage
PORK CHOPS 354,
SPARE RIBS ;to-bn*.or..bou 304,
SHORT RIBS. • tili04tn:'t0 • ' 25 4
BEEF STEM " 4oi
-BACON-25L
kATH'SSHANKLESS ~ 1%
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