NK^VLY ADOPTED MINING ACT
APPLKMBLE U, S., ALASKA
By K. L. Bartlett
WASHINGTON,.—Presidential ap
proval was given M ay 18 to the
Borah bil\ suspending assessment
xoijk on mining claims except for
those who paid income taxes. Those
■* * J i, * ) V , . £
wh<j did not pay such taxes in 1932
are. not required to perform assess
ment work for'the yeaY^endinjj July
1, 1J933. The hill reads as follows:
"A Bill providing for the suspen
sion of annual assessment work on.
mining claims held by location in the
United Stales and Alaska.
“fee it enacted by the Senate^ and
Hoijse of Representatives of the
United Stptes..of Jmeijj^a. in ^pngpess
assembled, That the provision pf Sec
tion 2324 of the Revised Statutes of,
the,United,States, whipj^..requires.on
each mining claim located, and until
a patent has been issued therefor, not
less than $100 worth of labor; fp b^
performed or improvements aggre
gating such, amount to be made each
yeap, be, and the same is hereby, sus
pended as to. all mining claims ip,the
United States, including Alaska, dur
ing the year beginning at; 12' o’clock
meridian, July i, 1932, and ending at
12 o’clork meridian July 1, 1983: Pro
vided, Thar tjge jarovis^Dns of this Act
shall not apply ia the case of any
claimant not entitled to. exemptipi}
from the payment of a Federal in
fome tax for the taxable year 1932:
Provide# further. That. every 'claim
1. .1111^,1 ; i'l il .1 ... 1. ,_.L
ant of any such mining claim, in.,
order to obtain the benefits of this
Act, shall file, or cause to be filet}, in
the office where, the location notice or
certificate is recorded, on or befgpe
12 .o’clock meridian, July 1, 193,'?, a
notic^ of his desire to hold said min
ing claim under this ,Act, which notice
shall state that,,, the,,, claimant, or.
Claimants, ^we^e entitled. to exemption
from the payment of a Federal in
come tax for the taxable year ,1932.’’
VVASHlNGTpN^-^-The i Admiaj,sta
tion has approved plans to call for
bids for $25,^^0,000 worth., of new
public buildings, and 4$, d^ays from
now for a like amount, on which
are ^now^being sought.
The steamer Tana, which left
"Bethel on June 14,. on its return trip,
'arrived at A^pGri^i Thursday morn
ling at 2 a. m., bringing up a large
quantity of freight for tj^e N. C. Co.
at McGrath, the Takotna General
^ftore, arui^. W, \Ca^soni7qf^ Ophir.
Passengers coming up on the Tana
were: Mr. and Mrs. CJddie Hallson,
Mrs. Howard Langley, Miss Emma
Liskey. Miss Bessie Boyd.
“^FT^itchell and George Clyfle ,
returned last evening from McGrath,
bringing up a.Joad^of freshly arrived
Tafia shortages.,, .
Perry Warner, after a visit here of
some days, left.early in tjie.week.on ,
hid way, to Poormftn. ,v,
PS
WITTS—PJHOTO
ANCHORAliSv ALASKA■t
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i.
ADJOURNMENT OF CONGRESS
(Continued from Page 1)
bill, with, provisions insuring bank
depositors.
4. Railroad billv creating a “Co,
ordinator,” with powers to institute
numerous economies in the railway1
systems of the., nation, ...
The public works. bijl gives . the1
President wide powers over industry,,
especially for the projection of light:
and power. !
i'hc last act of accepting terms. W ■
Veterans’ expenditures safeguarded
'he President s economy program, buj j
the Senate lought to the last, but
was bloc^fd try the bitter: rpfpsa) of!
-he House to accept the amendment'
I’an for spending more mot*: money!
Lor former, soldiers.
The House adjourned midst wild:
.Jieeriog, yelling and applause. At
he iast minute a letter from the
lesident, thanking the Senators and
Represeqttatives ‘‘for making possi
de on a broad av.erage more sincere
>pd whole-hearted co-operation be
.ween the legislative and executive
iRanches of the United States Gov
ernment than has been witnessed by
America in maijy a day.”
Neighborlike
“Johnny,” said. bis. mother, “run
tcross the streee and see how. old
Vtrs. Brown is. this morning.”
Johnny returned in a tew minutes
tnd reported:
‘“Mrs. Brown says it’s none qfypur
lusiness how old sh eis.”—The Safe
iV orker.
Undecided. ;
Policeman ; (after, the collision)—
( au saw this lady, driving towards
r »u.. Why didn’t you give her .half
1 e road ?■.
; Motorist—I was. going to as soon
l4 I could discover which half she
Wanted.—Die. Woch jm Bild (Alten).
j “Really, gentlemen,” said the.elec-'
ipn candidate, “with all this .upropr
•can hardly hear myself speak."
'“Well, cheer up,” shouted a man,
you aren’t missing much.”—Chris
ian Science Monitor,
,C. D. Carter .
DENTIST
[will> return.-fo McGrath early
la the summer, after which he
, will visit Tafcftaa aad Ophlr.
F1' '
; Will be in Flat about the mid
dle of July
•j
Teacher—r-Smith, you put in your '
essay that the clock strucek five min- .
utes past 8. A clock cannot do that..
Smith MittpiyeYea, sir, the clock :
was five minutes slow.—Frankfurter
Illustrates (Frankfort)., .
Are you a Kueko Times substfriber ?
Why not join the. happy, throng?
.. .■ '■ ' ..
Frank J. Guskey
| Notary PuMc
Tafeotn** AJuka
NUGUETi ROADHOUSE
ANtb BAit&BRtt •
Bast of - iMjealg-ftiachtBads.
EYenyi6«m. Wdi%t©ii.
Mrsr.» JohnnSatekk
•. •
PfOfr
\ !
V AWFICIAt\PU»t«aW5ION.') i .
Reptortnof Condition s& titer
Miners STMefehants Bafttoief* Wftarodi Afes#a>
Located at HlatiitTertritoryi of Alaska, at the close of> business^ oa'itbe.
31st day of December 1932tt
Resource*.
Loam and: discounts>:.$24,728.51
Overdrafts . 186.03
Other bonds and. warrants
owned . 30,701.60
Duo from other' banka •„;* 78,92X05
and other! cash* items. .. 1,019.38
Cash on hand. 17,723*25
Gold dust ^. 173.91
Liabilities.
1 Cagttabetock paid iifcia. .f2S,OQft.OO,:
Stubby fund . 10,000.00
UndirOiad profits*- less e*
?eq»«K pa&ii.. 8,544,20
• Individual' andsavings
deposits . 103377J2.
DemandaandAihletcertifl
cates of deposit. 2,035.21
Total
..$153,456.53
ToUdta:..$153,450.63,
< SB.
Unitad States of America,
Territory of Alaska, ,
Fourth Judicial Division,
I, H. P, Sheppard, Vice President df <-thotebove named bank,r do
solemnly swear that! the foregoing: statement is true to the best of my
knowledge and. belief. Hi®. ’SHEPPAR#1,*
* - Vi«e President:
(Notorial seal)
(Correct*- Attests
Subscribed add sworn to befOrOme i AhisI/7tK»*laykpf Peoeonber!,, 19322
■ D. E. BROWNE.
. U. S. ConSmtosirdeari fwjdtoea-Offlcio Jjistiee
of tbe.%eacc.c
WS're There WitHdti#4Glifcd&L
We, Have the Agency.
feather**
FhmoogsGBP
BudweiserrHte
And a large eoimigTCpwmt of '
that justly <*lebratefytean«age
will be here with arcmdrof Hie
Steamer Tdrar?
Northern CommerslaE
C&mpanjr
mana
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