Reynolds-Alaska Corporation
Incorporating under the laws of Alaska under advice and direction
of our general counsel Senator 0. P. Hubbard
Capitalization to be authorized, 1,000,000 shares all treasury slock of no par value in
accordance with modern corporate practice
To be chartered with broad powers enabling the cor
poral ions to engage in any enterprise requisite in the de
veloping of the resources of Alaska except banking.
To be authorized to issue bonds, notes or certificates
of indebtedness in the regular conduct of its business and
to pay interest thereon up to 12 per cent per annum in
accordance with the legal requirements of Alaska.
Through Henry D. Reynolds of Reynolds, Latouche
Island, Alaska, and Captain Charles L. Peabody of Valdez,
Alaska, the Reynolds-Alaska Corporation will acquire the
following developed and partially developed mining prop
erties under perpetual lease at a royalty not to exceed 15
per cent gross value of the ores mined and smelted, or
otherwise treated.
The Iron Mountain mine at Reynolds, Horseshoe
Bay, Latouche Island.
The Wilson-Little property at Wilson Bay, Latouche
Island.
The Trout-Pay property, Latouche Island.
The Sulphide Culeh property at Sulphide, adjoining
the Midas mine near Valdez.
Various and sundry mines and prospects owned or
controlled by independent mine owners affiliated with
Messrs. Reynolds and Peabody.
t here is a developed tonnage of copper sulphide and
chalcopynte ores on tnese various properties aggregating
upwaru of eight hundred thousand tons now ready to
slope and smelt and this tonnage is being rapidly aug
mented by mining operations now under way.
It is now proposed to issue of the treasury capital
stock of Reynolds-Alaska Corporation a block of oo,0bl)
snares at a minimum price oi $o.00 per share to supply to
Hie treasury the sum oi $260,000 to erect tne Iirst unit oi
a pyriuc smelter at or near beward, the tide water termi
nal oi tne government railroad to the Matanuska coal
lieius, where this company will make applications tor coal
lease aiui mine us own coal lor operating purposes.
There will be no brokerage or commission
charges on this block oi stock. Every dollar subscribed
will be deposited with Sidney Anderson in the Hank of
Seward lo be held by him as Treasury-Trustee until the
entire amount of $260,000 is subscribed.
Thereupon this money will become available for the
purpose of the erection and operations of the Iirst unit of
the Seward-Alaska smelter.
In the event that the entire sum is not subscribed by
responsible subscribers within one year from date
hereof every dollar paid to Sidney Anderson, Treasury
Trustee, will be returned to the subscribers without any
deductions for any expenses incurred.
A separate fund to cover all necessary dotation ex
penses will be advanced by the gentlemen who will com
prise the organization committee as appointed at a meet
ing at Pioneer Hall, Seward, Alaska, August 1st, 1916.
Following are the members of the Seward organization
committee:
SIDNEY ANDERSON, Vice-President Bank of Seward.
FRANK L. BALLA1NE. President Seward Water Co.
HUGH DOUGHERTY, Mining & Real Estate.
T. W. HAWKINS, Merchant.
HARRY V. HOBEN, President Alaska Transfer Co.
DERICK LANE, President Primrose Mining Co.
LEO. MARGULES, Merchant.
CHAS. A. MYERS, Mayor of Seward.
JOHN NOON, of Brosius & Noon, Lumber & Hardware.
HENRY 1). REYNOLDS, President H. D. Reynolds & Co.
I Founded 1895.)
DR. J. H. ROMIG,
DR. J. M. SLOAN.
WILLIAM SAUERS, Merchant.
CHAS. A. TECKLENBERG, Merchant.
WILLIAM D. COPPERNOLL, City Attorney.
JUDGE WILLIAM H. WHITTLESEY,
Chairman at Seward, Leon Booker. Secretary at
Seward, J. J. Finnegan, Publicity committee at Seward,
Bernard M. Stone, E. 0. Sawyer, Jr., J. J. McGrath, H. H.
Hildreth and James R. Hayden.
We want every Alaskan, both women and men, to sub
scribe to the stock of the corporation as an indication of
their cooperative spirit in helping in the development ol
the rich resources of our magnificent territory.
The price of the stock is low at ijio.00 py share, for
every dollar subscribed will be protected by assest of value
greatly in excess of the investment.
it is firmly believed that the stock will earn large di
vidends and that it is quite possible for these earnings to
begin within the first year of operation, and dividends
should be regular and continuous under the competent
management which will be provided to handle all of the af
fairs of the corporation.
This is a corporation distinctively Alaskan which
• should be owned, controlled and operated entirely by Al
askans in the interests of Alaska.
The minimum stock subscription which will be ac
cepted by the corporation is 20 shares, which at $5.00 per
share, amounts to $100.00
Payments on all subscriptions are to be uniform and
are at the rate of 5 per cent down and 5 per cent per
month for the ensuing nineteen months.
All stock subscribed and paid for will be issued when
the full amount of the subscription is paid and negotiable
ad interim receipts will be issued to the subscriber as each
payment is made.
These ad interim receipts can be bought and sold or
traded in the same as corporate stock, and in the event of
any stock subscriber being unable to pay the entire
amount of his subscription within the time it is due and
payable, then in that event the treasury-trustee will issue
to said delinquent stock subscriber a certificate for stock
covering the amount paid on said stock subscribed and the
balance of the said subscribed stock will be open to sub
scription by any other stockholder in order of priority of
application.
Preference in the matter of allotments of stocks will
be given to subscribers to the minimum amount of 20
shares in order that the stock may become widely distri
buted in the hope that every Alaskan who has the progress
of his homeland at heart may share in the prosperity
which is bound to follow the success of the corporation.
Subscriptions are invited from all Alaskans.
I ask all of my friends to join in this cooperative
movement to attain commercial and financial independ
ence for our beloved northland. Subscribe to the stock and
boost.
Cordially,
HENRY D. REYNOLDS.
This will Help Alaska and Help every True Alaskan