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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.