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LEAVE ORDERS AT THE ISLAND FOUNTAIN
BERG TRANSFER
KENNETH BERG, OWNER
V
THE
ICTORY *
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'A' In ‘Jo Iry Our
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(Official Publication)
REPORT OF THE
FINANCIAL CONDITION
of the
Bank of Kodiak
LOCATED AT KODIAK
TERRITORY OF ALASKA,
AT THE CLOSE OF B USINESS
ON THE 31st DAY OF
MARCH, 194t>
RESOURCES
Loans and discounts $166,929.60
Loans on real estate 148,672.93
Overdrafts ^ None
United States bonds
owned 1,225,950.02
Other bonds and
warrants 13,597.98
Banking house, furni
ture, and fixtures 48,451.06
Due from other banks 264,708.49
Checks on other
banks and other
cash items
Cash on hand
532.03
118,404.33
Other assets 2,809.30
TOTAL $1,990,055.80
LIABILITIES
Capital stock paid in $60,000.00
Surplus fund 60,000.00
Reserves 20,674.08
Undivided profits less
expenses paid 31,932.93
Demand Deposits 1,406,287.70
Time Deposits 100 610.09
Cashier’s and
certified checks 10,551.00
TOTAL $1,990,055 80
United States of America)
Territory of Alaska ) ss.
3rd Judicial Division )
I, O. A. Torgerson, President
of the above named bank, do
solemnly swear that the fore
going statement is true to the
best of my knowledge and
belief.
O. A. Torgerson,
President & Cashier
(CORRECT ATTEST)
Wilson F. Erskine
Ben Kraft
Directors
Subscribed and sworn to be£«
me this 2nd day of April, 1$
V. G. Ellis
Notary Public in and for tl
Territory of Alaska. My commj
sion expires 11-3, 1949.
Bob and Ed Johnson, sous,
Mr. and Mrs. Jake Johnson, u
their half brother. Addison P*
ter, arrived together on the La
ina to make their home here.
Addison has been employed
a shipyard in Seattle until g
cently. Bob has been dischai)
from the Army, and was statki
ed last in the Philippines, g
who has been discharged fra
Navy, was a member of the <u
phibious forces, and took pa
in most of the South Paeii
campaigns.
;
It takes plenty of groundwork to keep Alaska aloft
No spot on the globe relies more heavily on wings than Alaska... and the
majority of fliers in Alaska rely on Standard fuels and lubricants. One reason
is the matter of groundwork.
Since that day more than twenty years ago when Standard gasoline was
waiting for Alaska’s pioneer "Jenny” to be uncrated at Seward, Standard prod
ucts have been waiting for fliers wherever they landed in Alaska. By rail and
riverboat Standard men wrestled fuels and lubricants to each new field. They
laid pipe lines, brought in tank cars, installed storage facilities as flying ex
panded here.
Today, as Alaska’s planes tick off more than 11 million passenger miles a
year, no point in the territory is more than an hour’s flying time from Standard
Aviation Products. And whenever the aerial network spreads to new towms,
Standard facilities will be there waiting... just as they always have.
STANDARD OF CALIFORNIA
We’ve Grown with Alaska —by Helping Alaska Grow
STANDARD PRODUCTS
THAT SERVE ALASKA
RPM AVIATION OIL —
Compounded to meet
the special needs of
modern aircraft en
gines, "RPM” oil keeps
engines clean, prevents
sludge and foaming,
guards hot spots old
fashioned oils leave ex
posed to wear.
CHIVRON AVIATION
CASO LI N i—developed
for flying fighters dur
ing the war, chosen to
test-fly famous planes
like the Black Widow,
the B-29 and the Mus
tang, Chevron Aviation
Gasoline is the last
word in high-octane de
pendability.