The Daily Alaska empire Newspaper, December 6, 1937, Page 8

THE DAILY ALASKA EMPIRE, MONDAY, DEC. 6, 1937. CHARLES NYE, . - Dr. Lavricheff, PIONEER OF Alaska Research ALAg(A, DIES Wnrker_,§uccumhs AL _ Wellknown Russian Educa- Prominent Skagway Old tor Dies in Washing- | ton, D. C. | Known throughout Alaska for his Charles Nye, 87, widely KDWR oistanding work as'a Russian priest ploneer Alaskan and former OWNer gng educator, Dr. Pikhon Lavricheff, of the light and Water COMDANY ggeq 40, died suddenly yesterday at Skagway, passed ‘away tRiS yorning in Washington, D.C., where morning in Seattle following a heart 1. was peen associated for the past attack, according to word received year jn Russian . research.wark. for bere by Deputy Marshal Wiliam ype Territory ) Markle, his step-son. Death came pr pLavricheff, who leaves many to the prominent Alaskan resident f ionds in Juneau where he was a at the home of Mr. and Mrs. Tom prominent member of the Masons McClanahan, at 322 15th Ave. gnq Eastern Star, was educated for ,North, Seattle. Mrs. McClanahan the priesthood in Russia, graduat- and Mrs. Nye, Mr. Markle's mother, jng from the State University of are sisters. Tomsk in 1920. He was a priest for Mr. Nye came north in 1896, (W0 some time at Tatitlek and Cordova, years before the rush, after having then left to attend the University been through a part of the gold of California where he was later rush days of California. He joined awarded a Ph.D. degree. with the other gold seekers until] In 1931 and '32 he was stationed 1900 when he started the electric at Kanakanak as industrial direc- | light plant and water system In tor of the vocational school, and | Skagway. He operated it since until following closing of the school was | a few years ago wherl he sold outtransferred to Hoonah where he and retired. He retained his resi-'taught for three years. dence in Skagway, however, he and| A grant from the Rockefeller Mrs. Nye returning to their home foundation providing opportunity there every summer after spending for collection of Alaskan historical the winter in the South. data created need for a scholar well He was a close friend of the late acquainted with the Alaskan back- B. M. Behrends, Guy McNaughton ground to work on the project. Upon of Behrends bank and scores of | recommendation of the Rev. A. P. other prominent men throughout|Kashevaroff and several other in- the north, |fluential Alaskans, Dr. Lavricheff| Funeral arrangements ™ave not|was appointed by Dr. Charles E. yet been made, according to advices Bunnell, president of the University to Markle, of Alaska, to serve In this capacity The pioneer leaves his widow, Mrs.|in Washington, D.C. Nye, who was with him in Seattle,| For the past year he has been Mr. Markle and a sister in Ohio. |studying Russian historical docu- - - ments in the Congressional Library, NORWOM EN DlNNER working part of the time with Pro- fessor Robe of the University of Al- ska. | TO BE THURSDAY |*Jl outstanding student, Dr. Lav- | richeff has contributed several ar- Thursday evening is the date for|iicles to the “New Age.” He often the monthly Norwomen dinner, as-|yisited in Juneau apd had many sembling young women of the com-|friends in the Gastineau Channel munity for the gathering at 6 p. m.|gistrict. The Masonic Order here in the Northern Light Preshyterlan|ngs wired H, L, Redlingshafer in; Church. Washington, D,C., to have flowers The affair will be marked by 8 sent for the funeral services. special holiday event program, and | i ;unt:rpe:lfl;due:?a “;‘!hez:r:t:‘:,i“:mw(o‘:: DA[LY MA“- TO ‘ L A e S SAINT NICHOLAS timer Succumbs in Seattle Following Heart Attack { Fingerprints for the CCC Robert Fechner, director of the CCC, has begup the fingerprinting of personnel on duty with the CCC, including all enrollees. The program wad adopted as an aid to the government in adjustment of claims as well as for identification. Left to right, Miss Kathryn Jenkins, Samuel C. Sacco, fingerprint expert of the Adjutant General’s office, and Fechner. | | Miss Jenkins . Bec“mes B"de i8 until 10 o'clock at the Crondahl ‘ residence. | . Mr. and Mrs. Wolney will make rl fl HEY\lhEil' home in the Steinbeck Apart- Tbackground for the ceremony. Following the service, a wedding breakfast was served in Percy's Cafe banquet room, and this eve- ning a reception will be held from ments. The bride attended Juneau High School. Mr. Wolney is an elec- | trician at the Alaskan Juneau mine. Ceremony Is Performed at Catholic Church This Morning At an 8 o'clock mass this morning| DINNER TOMORROW in the Church of the Nativity, Miss| Evelyn Mae Jenkins, niece of Mr.| The second anniversary celebra- and Mrs, Victor Crondahl, became tion of the Juneau Rotary Club will the bride of Mr. Robert Wolney. The be held tomorrow evening in the Rev. Willam G. LeVasseur officiat- Methodist Church where more than ed ‘at the ceremony in the presence @ hundred members and guests will of assembled relatives and friends. assemble at 6:30 o'clock. Dressed in a princess style wed-! Charles D. Beale, president, will ding’ gown of white brocade, the preside at the gathering, for which bride wore a short veil and carried @1 appropriate program has been & houquat of White chrysanthe- Planned. mums,. She was attended by Miss Pafricia Hussey, maid of honor; and Miss . L] » Marguerite Hickey, bridesmaids. H h ll _‘Accents ‘of color were added in c l ln 'ROTARY CLUB WILL | HOLD ANNIVERSARY ALTERATIONS ADD TO ALASKA CREDIT BUREAU’S SPACE Satisfying a need for considerably | increased office space, Charles Way- nor, manager of the Alaska Credit Bureau here, has had several altera- tions completed at his place of busi- ness, in the Pirst National Bank Building, within the past few days. | entrance door is being furnished as which begins at 8 p. m. Principal change in the Credit| Bureau office is the removing of {trance to the First National Bank. formerly | {forming the street front, have now Divided show windows, been joined into one panel the full width of the office and flush with| the sidewalk. To occupy the added interior space | afforded by the altered storefront, Mr. Waynor is having his office counters and filing cabinets moved forward, giving increased working space. The space just within the a waiting room for clients. D |Rev. A. P. Kashevaroff. Following | ALASKAN LABELS TO | BE DISCUSSED AT |ihe Tubctng propset. with memr B. P. w_ c' MEE“NGIP’"S and visitors participating. Action will be taken this gvemng\mcy ARM HUNTERS |at the Business and Protessional| BRING BACK 4 GOATS Women’s Clubs on the proposal t0| Each with a goat, the Oscar Oberg |require labeling of Alaskan pro- hunting party returned to Juneau |ducts. Miss Caroline Todd, presi-|jast night from Tracy Arm aboard |dent, will preside at the gathering|Oberg's Hyperien, reporting a suc- b ! | cesstul trip but “plenty tough” due | Meeting in the City Council to jce conditions in the district. | Chambers, the group and all others' Making the trip with Capt. Oberg the entrance door from the store| Lode and placer location notices | interested in attending, will hear a|were Simpson MacKinnon, Joe Jae- front to the side adjoining the en- for sale at The Empire Office. !dlscusslon of Alaskan curios by the:gel and Frank Dufresne. Mrs, John Glasse, 373, before Wed-| nesday. | Migs ' "Oorrinne Duncan - Alrbound northward are ' the C. A LAWRENCES Ipleas to Saint Nicholas from Juneau | ® E and Douglas younghters this week the gowns of the attendants. Miss HOSTS AT PARTY amd every week untll Christmas, is Hussey's maid of honor costume SATURDAY NIGHT HMr. and Mrs, C. A, Lawrence were host and hostess at a dinner party on Saturday evening henoring Mrs. ‘William Rodenberg upon the occa~ sion of her birthday. The affair, for which yellow and white chrysanthemums provided the setting, was held at the Lawrence the announcement By J. B. Burford 'was of green crepe, with a matching and Company, who have just put hat. Miss Duncan was dressed in into operation a special “Santa Claus |aPricot taffeta with matching hat, Limited” delivery service. \and Miss Hickey, in pink crepe with Through the northern skies to & hat to match. All three carried the Polar lands by special mcmx;o]mrashioned bouquets. Mr. Ber- plane, will go the letfers and re- Nard Hulk was the best man. i quests of Gastineau Channel's tots.| The altar at the church was at- “We have put up a special p@m”tracuvely decorated with clusters of box in our store to receive the kid- White blossoms, providing a soft Pu m?ani/['a' ; ol Dy The lavor lasts 9 dies’ letters,” Mr, Burford said to- ;‘:::::ew:.em,:r_u:‘% A&::"m;m; fay, “and it is a sure thing that Clements, Mr. and Mrs, David they will recelve extra attention| Conkey, Mr. and Mrs. Rodenberg, from Santa Claus and his dwarfts| and the hosts. when they arrive at his toyland | work shop by our special dellvery."; BASKETBALL OPENING TOMORROW ------- 7:30 P, M. WITH CITY LEAGUE DOUBLEHEADER DE MOLAY vs. KRAUSE ELKS vs. HAIDA JUNEAU HIGH SCHOOL GYMNASIUM (Use Sixth Street Entrance Only) ADMISSION Adults—25¢ Students—10c FOR HOME OR BUSINESS REFRIGERATION SERVICE and REPAIRS Phone 34 Our Refrigeration Expert, JOHN HOUK, is equipped-to give you Quick, Efficient Service at reasonable cost. Rice & Ahlers Company All our watches are handled at the standard outside factory prices, the same price you would pay in any reputable shop in the United States. All carry the factory guarantee of satisfaction or a new movement furnished. Because of the new Federal Fair Trade Law allowing the factory to fix a fair retail price and insist on its use under penalty of no more merchandise, most mail order catalogs now use the same price we do. This law was much needed to discourage ‘“‘chiseling.” Chiseling was known as the practice of advertising standard known merchandise at cut prices and then twisting the customer to something else. JUNEAU LUMBER MILLS, inc. Offers for Sale at Par $100,000.00 Six Per Cent First Mortgage Gold Bonds Dated December 135, 1937 Maturities: 1 to 10 years Coupon bonds in denominations of $1000, $500 and $100; Registrable as to Principal; Interest coupons payable June 15 and December 15; Callable to 102 and interest on any interest date; Bonds and coupons payable at the B. M. Behrends Bank at Juneau, Alaska. SECURITY UNDER MORTAGE This bond issue is secured by a direct closed fiirst mortgage on all the lands, buildings, machinery, tidelands, and all other property of the Juneau Lumber Mills, Inc., at and near Juneau, Alaska. The mort- gage is executed in favor of George E. Cleveland, trustee for the bondholders. The saw mill plant and equipment of the company is situated on the tidelands at Juneau, Alaska, and comprises an area of approximately three and one quarter acres, together with adjacent storage facilities for logs. The company also owns a traet of tidelands about one mile northwesterly from Juneau, which is used for the storage of logs. VALUATION AND EARNINGS VALUATION: The property mortgaged to secure this bond issue has been recently appraised in the sum of $250,000.00. The value of the mortgaged property, therefore, is over two and one-half times the total amount of the bond issue. The proceeds of the sale of this bond issue will be used to pay off present outstanding 8¢9, bonds and notes in the aggregate sum of $87,000.00, and the remaining $18,000.00 for working capital and improvements to the plant. It is expected that approximately one-half of the issue will be exchanged for bonds and notes at present outstanding, effecting a saving in interest charges of approximately $1,000.00 per annum. All new buildings and new machinery installed are covered by the mortgage which is given for the protection of the bondholders, and all buildings, machinery and equipment are fully protected by insurance. EARNINGS: The mortgaged properties are operated by the Juneau Lumber Mills, Inc., a corporation organized under the laws of Alaska, which is engaged in the general saw mill and lumber business; and, during the past seven years, the earnings, after deducting taxes and depreciation, and including sums spent in improvements and additions to the plant, have averaged more than three and two-thirds times the great- est annual interest charge required for the payment of the interest on the entire bond issue, and almost two and one-half times the combined annual interest and principal requirements for retiring the bonds. BORROWING CORPORATION These bonds are a direct obligation of the Juneau Lumber Mills, Ine., which corporation is the owner of all the property descfibéd in the trust deed to secure this bond issue. The present company was organ- ized in 1926, and it is tfie successor to the old Juneau Lumber Mills, a corporation. This corporation and its predecessors have ‘been engaged in the saw mill business in Juneau for more than 36 years. The com- pany is engaged extensively in manufacturing lumber, boxes, lumber products, railway ties, ete. The mortgage or trust deed, under which the bonds are secured, will constitute the only lien against the prop- erty of the company. The company has at all times kept its property and equipment up to the highest standard, and within the past few years, it has installed an up-to-date power plant of its own. The total cost of all property mortgaged to secure the bond issue is approximately $3_90,000.00. Dur- ing the past four years the market for the company’s products has considerably improved, and its general lumber business is increasing from year to year. The 1937 season is not yet over, and, before the close of the season, the company will have produced approximately nine million feet of lumber. PAYMENT OF BONDS AND INTEREST The trust deed or mortgage provides for the payment of interest on each of the bonds at the rate d'?‘/n w;}mungmmbk semj-annually on the 15th days of June and Decenber of each year; and for th s retipgment. of $10,00000 pa#t value of the principal of the bonds each year, commencing on‘Decémber lfiéélflié{,?pi:o;ided;he;bofids ma n& @éflér.w&g&ned&og any interesf q;te at 102 and accriied interest. The bonds are issued in denominations of $100, $500 and $1000 in all maturities. On account of the value of the security and the high rate of interest, which is already earned by the-company ‘three and two-thirds times the amount required, these 69 bonds are a sound, desirable and excellent investment, and as such we offer them to the public. Respect fully, JUNEAU LUMBER MILLS, Inc., ROY RUTHERFORD, President. Juneau, Alaska, December 6, 1937. Bonds are now available at the B. M. Behrends Bank. Subscriptions have already been received in the amount of $75,000.00, leaving only $25,000.00 worth remaining for sale.