The Daily Alaska empire Newspaper, May 25, 1938, Page 8

___________ A A A A A 2 R T e MR ——————— S b e B e R i i At o ST EWI WP RN A VERE N SREN T OV - - 1As L AASAAKARIARLYAIARARRAR BRI AR | BRAAANA . HEB T i i THE DAILY ALASKA EMPIRE, WEDNESDAY, MAY 25, 1938. | - £t 1 i 314 | | BARANOF L' | FINEST BY FAR—OF NORTHLAND HOTELS I To be Completed by January First, 1939 1 * WORK ON THE BARANOF WILL COM- THE LOCATION OF THE BARANOF IS TO . MENCE IN JUNEAU WITHIN ABOUT BE ON FRANKLIN STREET IN JUNEAU, B4 : TWO WEEKS, AND WILL BE RUSHED EXTENDING FROM FIRST STREET.TO f' | TO COMPLETION FOR SCHEDULED SECOND STREET .. . OPPOSITE THE NEW . 3 OPENING ON THE FIRST DAY OF NEXT ALASKA ELECTRIC LIGHT & POWER CO. YEAR. e e BUILDING. ® L e The BARANOF will consist of a six-story, reinforced concrete structure. In addition to a Coffee Shop, it will include nine shops and stores on the ground floor, with spacious lobby and dining room. The Second and Third Floors will be devoted to transient rooms, every room with a bath and shower. On the Fifth and Sixth floors will be 31 modern apartments. Hotel rooms and apartments will be served by two elevators; with a third elevator to take care of baggage del%very%ggd service deliveries fo apartments. rracage v N -, i 'coNTRACT FOR CONSTRUCTION OF THE BARANOF HAS BEEN LET TO A. W. ° Ed | : QUIST, WHO WILL CALL FOR BIDS ON PLUMBING, HEATING, ELECTRIC WIR- By L ING, ETC. . . . JUNEAU FIRMS WILL BE GIVEN FULL OPPORTUNITY TO BID ON By | ; ALL SUB-CONTRACTS. ; B Articles of incorporation of the owning company are completed and will be filed with proper Territorial officials within a few days. Incorporation of the new firm will be for $350,000.00, of which $100,000.00 will be in six percent preferred stock, and $250,000.00 in common stock; par value of both common and preferred stocks being $100.00 per share, and preferred stock being call- able at $105.00 per share. ' , 4 e0bbbbbed ...u......4..;4.»%&%%;“‘“0“»»&4“" s rreved b tresddsesbsad RN T T R s ) SR S