davidaulloa/AmericanStories huggingface dataset:
Evening star., 1952-05-15
D. G. Corporation Law

For over 20 years the District of Co.
lumbia Bar Association has attempted to
procure legislation to modernize the
present District business corporation
law. Now that other phases of the reor-
ganization of the District government
seem assured, perhaps this needed re-
form can be accomplished also. A bill
Oh. R.-15) to revise the corporation law
was introduced last year and passed the
House this past March. companion
bill 1880 is now pending in the Senate.
The new bill is intended to furnish the
District with modern business corpora
ton statute, need which has existed
for decades. The current business cor
poration statute of the District has been
on the books without change since 1901.
1t is incomplete, obsolete, and wholly in
adequate for present activities To men,
ton just few of its deficiencies, the
present law contains no provisions for
such normal matters as no-par stock,
reorganization or merger of corpora
tions, or the domestication of foreign
corporations District corporations can
not have more than one purpose, and
ordinarily cannot be organized to deal
in real estate. Not only must directors
be stockholders, but a majority must be
citizens of the District Since many
persons doing business all their lives in
the District live in nearby Maryland or
Virginia suburbs, this provision is usu-
ally restrictive. Unlike corporations in
sister states, no corporation may be
chartered here until all of it's capital
stock has been subscribed for and 10 per
cent paid for in advance. AS a con-
sequence OF these provisions, it is i'm
possible to form under the District
statute a corporation whose stock is in
tended to be issued and marketed under
Securities and Exchange Commission
rules and regulations. The law is so un-
satisfactory that although several thou
sand corporations are now licensed to
do business here, less than 100 corpora
tionS year are organized under the Dis
trlct statute. The overwhelming major
1ty OF corporations operating in the Dis
trict were organized under the laws of
Maryland, Delaware. New York or other
states.
H. R.-15, is a revision of S-8 which
was first introduced in the 8Oth Con-
gress in January, 1947, with the backing
OF the Bar Association and which was
kulUduCG
OF our association. The bill in it's pres
ent form is patterned after the Model
Business Corporation Law prepared by
the American Bar Association as revised
in 1850. 1t is similar in most respects to
the business corporation statute of Della
ware. Maryland. and Illinois. It can
best be described as a modern but con-
servative corporation statute. It is not
intended as Mecca for corporations
doing business in other States and con-
tainS no provisions which are more
liberal than the Delaware or Maryland
statutes.
We sincerely hope that Congress will
pass this bill this session so that the
citizens of the District may have, at long
last, the benefit of a modern business
corporation law. We earnestly invite
your support.
Albert PhilipsOn,
Chairman, Corporation Law Com
mittee, District of Columbia Bar
Association.
Evening star., 1952-05-15
Forgotten Money

The American habit of buying things and
forgetting them is one of long standing. It even
extends to money, or it's equivalent in various
types of securities.
An investment house recently estimated that
there is more than S480 million outstanding
In various matured but uncaShed United States
Government obligations on which interest has
ceased. More than So million of these obligations
are World War I bonds. All of these of course
are redeemable at their matured value but today
they represent idle capital. And the Securities
and Exchange Commission reports that nearly
$25 million worth of outstanding securities are
due to become worthless unless they are redeemed
for cash or exchanged for new issues authorized
in various reorganization proceedings.
Meanwhile, on the New York Curb Exchange,
there is lively trade in $75 million of czarist
Russian bonds. Originally sold here in 1916 at
prices approximating the face value of $1O0
of less than 20 cents per $1OO in 1899. Prospects
we recognized Soviet Russia in 1893 and after
the 1889 low the bonds sold as high as $22 at
the end of World War H. More recently they
were quoted at $3.50 Conferences preceding
the diplomatic recognition in 1888 led to the
United States Treasury accepting collection on
funds that were owed by American interests to
pre-CommuniSt Russia. This fund.- now held in
escrow, has grown to nearly SO million with
legislation pending by which it could be freed to
pay off the czarist bond issue-at about IL cents
on each face dollar.
1t is passing strange, though, that many who
don't know where the next dollar is coming
from have forgotten where the last one went to.
Evening star., 1952-05-15
Same Old Dewey

Senator Taft owes television vote of
thanks. This afternoon MAY I'D his old
political enemy, Gov. Dewey, appeared
on meet the Press" The Taft forces
need only rent the film of this abortive
session and show it around the country.
He'll win on the first ballot.
Dewey demonstrated once again he is
handicap too great for any candidate
or national political party to overcome
Yet we have it on reliable authority that
Gen. Eisenhower has permitted himself
to become a captive of the slick Dewey
machine.
The New Yorker made crystal clear
his belief that Ike must campaign just
as he did in the disastrous Republican
years, 1914 and 1948. The titular head
of my party blamed his 1948 defeat on
the rigging of farm prices by the ad-
ministration two weeks before the elec-
Evening star., 1952-05-15
Naive General

The loss of Brig. Gen. Francis Dodd,
captured by Communist prisoners at the
Koje prison. would have been incon-
sequential.
Any man so naive and stupid as to
think he can negotiate with the Com
munists has lost all value as a civil or
military officer of the United States.
Won't we ever comprehend that the
fundamental principle of Communism
is the overthrow by force and that
military power is the only influence
they respect?
]. L. Schanbacher.
Kokomo Ind.
Evening star., 1952-05-15

ton. His lack Of appeal. his me -tooing
on the vital issues, his SNUG and over
bearing attitude (still apparent in this
latest telecasD had nothing to do with
It!
Here is one Republican who will not
work for Eisenhower if Dewey is out on
the Hastings in his behalf. Nothing I or
any other party worker could do would
bring the candidate home.
It's bad enough having candidate
whose views on issues other than econ
omy. motherhood. sin and unsuitability
of lifetime soldiers for high political
Office are unknown. Saddling him with
the emblem of quadrennial defeat is like
putting Man Mountain Dean on derby
en"v. Jay Henry.
Evening star., 1952-05-15
Withholding Tax

Many persons whose pay Is subject to
withholding tax are under the impress
sion that the amount of money with
held is calculated to amount, by the
end of the year, to their total tax due.
This is generally true where the salary
is less than $4,000 per year. Generally,
however, for persons earning more than
$4,000, the amount withheld includes the
basic tax, but does not include the sur
tax. Since the surtax may be very sub
stantial in amount. such persons are
dismayed to learn that additional
amounts. are due. Often they attribute
this to variations in their financial
status for that particular year. 1t is not
generally realized that the basic reason
is that official, accurate withholding
tables do not appear to be available or
authorized for salaries substantially
above $4,000.
It may not be generally known that
the current tax law allows employees to
request their employer, subject to the
establishment of an approved procedure
or system, to withhold greater specific
percentage of their pay, in amount more
accurately calculated to represent their
total tax on the salary. PIX
Evening star., 1952-05-15
Questions and Answers
BY THE HASKIN SERVICE

.. reaoer can eeE the answer 70 any question OF
Bureau; 100 / street NV. Washington 5, D. c.
Evening star., 1952-05-15

TACT by writing The Evening Star Information
Please inclose three (3) cents for return postage
BY THE HASKIN SERVICE
@. How long Is the newly renovated
White House expected to last without
further rebuilding?-J. Mel.
A. The architect has stated that he
expects the restored White House to
stand without major renovation for 500
years or more.
@. In the West which is the correct
term, '1asso" or "lariat"?-H. H. T.
A. In the cow country the cowboy
merely speaks of his rope" Neither Of
the other terms is commonly used.
@. When was the Truman doctrine
first stated?-G. w.
A. On March IL, 1947, the doctrine
was enunciated by President Truman in
a talk given at a joint session before
both houses of Congress.
O. What is the largest single railroad
in the United States?-J. M.
A. Based on miles of road, the largest
railroad operated as single unit under
one executive officer is the Santa Fe
Lines with 1906 miles.
Evening star., 1952-05-15

Pen-nanaes may be used II letters carry
10riterS' correct names and addresses.
All letters are subject to condensation.
Evening star., 1952-05-15
Strike Legislation

To be fair and impartial, the bill to
prevent strikes affecting national secur-
ity and for operation of unions and
industry by court-appointed receivers
now being considered in Congress, should
bar all price, profit and wage increases
during such receivership unless mutual
ly agreed to by both labor and industry.
Lewis Kanick.
The Wrangell sentinel., 1952-03-28
SALMON INDUSTRY OFFERS COMPROMISE TO UNION

SEATTLE Alaska Salmon In- dustry employers have notified the Alaska Fishermens Union it would consider a pay raise if the union withdraws demands for changes in working conditions. The offer was made in a letter from the Alaska Salmon Indus tries, Inc, to George Johansen, union secretary-treasurer Earlier the industry had notified the un- ion that the wage increase was impossible because of poor condi- tions of the market
 The union asked a 1215 per cent wage boost, plus benefits in working conditions. The industry said the benefits would constitute an 80 per cent wage increase.
The Wrangell sentinel., 1952-03-28
ADDITIONAL MONEY NEEDED IN 1852 RED CROSS DRIVE

Due to the overwhelming dlS aster which has affected dozens Of communities in Arkansas, Ten nesssee, Mississippi and Missouri when a series of violent tornadoes struck that area, Red Cross re- serves have been seriously depict ed and additional funds are need ed to carry on the work of emerg- ency relief and rehabilitation, E. R. Sharnbroich, local Red Cross fund drive chairman said today. He added that Wrangell chapter has been asked to raise a mini mum of $50 for this work Ad- ditional contributions will be well comed from those who have al- ready given to the 1852 fund and those who have not given, he pointed out. have again the op. portunity of doing so
 Tom Carpenter, field represent atiye of the American Red Cross
 has been in Wrangell since the local disaster here aiding in the relief and rehabilitation work in our own town. The local chapter was in touch with Area Office in San Francisco even during the height of the fire. Sharnbroich said, and by o'clock on Satur- day morning Dick Gordon, disas- tier head of the Pacific Area. tele- phoned him instructions and also had ordered the field representa- tive to make the trip here to take charge of the work. A full report of the Red Cross activities in our 1 local disaster will be made in next weeks Sentinel.
The Wrangell sentinel., 1952-03-28
ANDREW ENGSTROM TAKEN BY DEATH

Andrew John Engstr0m, 5I, well known Wrangell man and associat- ed with Engstrom Bros. prominent Southeast Alaska fish buying firm, was found dead in bed Monday morning. victim of a heart condi- tion from which he had suffered Tor some time Andy, as everyone knew him, had fought with the townspeople the conflagration of Friday night. The strain and eS- posare took their toll.
 Born in Wrangell July l. 1901. Andrew was the son of Adolph EngstrOm, pioneer retired Wran- gell merchant, who is presently confined to the hospital He was brother of Senator Elton Eng strom of Juneau, Adolph of Seat tie and Lennie of WrangelI Bro- thers Elton and Adolph flew here from their homes immediately on
 eceiying word.
 Through his life time Andrew was associated with the fishing industry. He was a member of the Pioneers and Redmen fraternal orders.
 Funeral services were held at ? o'clock Wednesday afternoon in the Presbyterian church with the Rev. Paul Evans officiating. Burial was in Wrangeu Memorial cemetery.
The Wrangell sentinel., 1952-03-28
TELEPHONE co. TO HAVE FULL SERVICE BK MONDAY

The Alaska Telephone Corpora -ion, operator of tine local system, had 15 lines, serving 50 subscrib- CTS, back in service by last night and local Manager Frank Webb said he expected all local tele- phones would be fully reestablish- ed by Monday. Bob lift. Shagway manager for the company, flew here to aid in getting the fire mangIed lines back in service af- ter the fire of last Friday, and the Alaska Communications Sys tenn had some cable on hand which it loaned to the phone sys- tenn to help speed the work. Webb and lift have been working al- most around the clock to reestab- fish communication for the com munity.
The Wrangell sentinel., 1952-03-28
INSURANCE ADJUSTERS ALASKA VETERANS

J. M. Roddy of the General Ad- justment Bureau, Seattle, and Perry Huff of Parker and Huff, seattle, who arrived here yester- day 10 handle insurance adjust ments, are veterans in the Alaska trade Roddy first started coming Jo the Territory in 1920 and the following year Huff came up on assignment. Since then they have adjusted dozens of claims in AL aska, including some tough ones alter the Jap bombing of Dutch Harbor. They have headquarters set up in the Waters building where persons with claims can contact them.
The Wrangell sentinel., 1952-03-28
ZLES DEFINITELY WILL REBUILD

Nrangeu lodge of EIks 1885, meeting in the American Legion Dugout Wednesday night, went on record to proceed Immediately to rebuild its home which was des- troyed in the fire last week end.
 The matter was turned over to the Trustees and as soon as ar engagements can be made new EIks will rise in Wrangell.
 From all Elks lodges in the Territory ana many Outside, Wrangeu lodge received messages of courage and offers of aid.
 Grand Exalted Ruler Howard R. Davis wired from Williams port, Pa:
 Very sorry to hear of the bad luck of Wrangeu lodge. Emmett Anderson told me the story of how your members built yom home, and it seems a shame all your work has been wiped out by fire. 1 hope you have procured temporary quarters, and wish you well as you again undertake the task of rebuilding
 Past Grand Exalted Ruler Elm nett T. Anderson of Tacoma, who was here last November for the dedication, sent the following:
 "A fire cannot kill the spirit you have shown and I wish you every success in building a new temple for your splendid member ship"
 Senator W. L. Dan" Lhamon oi Fairbanks, president of the Alas ka Territorial Elks Association wired from Ketchikan where he was enroute home from Il . States:
 I "On arrival here last night Dis trict Deputy Stump advised me ot the loss of your so recently dedi. 1 icated lodge home. On behalf O the Territorial Association wa wish to express our deep and sin cere sympathy along with thu hope that you will be able to re. build and raestablish yourselves in the near future. The ability drive and determination your or i ganization has shown in the pas will inevitably bring success t your future efforts
 ! Senator LhamOn flew up t' Wrangell personally the next da! to discuss future plans with Elk alted Ruler John J. Coulter ant other officers of the lodge.
 Among the many other mess ages were those from Seattle, Ia coma, Seward, Anchorage, Kod liak, JuneauI Petersburg, Ketchi kan, Sitka lodges and the Odon Company, and Al Shyman offer ing assistance.
The Wrangell sentinel., 1952-03-28
Town May Aid U. s.

No word had been reeeiy- ed up to press time on whether Wraugel would be elassed a disaster area. A meeting was held in Juneau se.t#rjag of government of fi.lHfs who W.rs Eers Ea5har- Ing lass information eafl0.r .u the HeaR and the comp.. Ha- forwarded 10 'ra#'#aat Truman br tbc Governor.
 HI#.. .u. an4 ua. eaII- ,I auea.e afternoon by Ma .a- ".rn smith. immediate r. alter tls arrival af gov .ameut repr.s H.at.Fes. Al H.e meeting. Wta attended by ...#a#rsan'a. Joaa R. Nieh- 5Is at =. Housing and Home fi#ar.# Administration. said h. uas here to gather data ou the fire Ia-se= and prepare & report for the Governor sHs w#aI1 dispatch the same 10 the President wlah th ida of getting disaster re- l.el
 Mayor Smith was advised by the Governor Iast night that request had gone for ward 10 the President. who was en route from Key West 10 Washington. for govern ment aid. As soon as word is received from the President the Mayor will be advised.
 Representatives of the Re construction Finance Corpor- ation and engineers will ar- rive here immediately if the destroyed waterfront district is declared a disaster area.
 Former Mayor Fred G. Hanford, now head of the OPS, Juneau. will be named as coordinator for the town and federal agencies if a fed ally-supported plan is un- dertaken as requested. He will be given leave from his present position to handle the work, the Governor re- ported to Mayor Smith.
The Wrangell sentinel., 1952-03-28
OFFICIALS HERE
 ON DAMAGE SURVEY

Flying down from Juneau to survey the damage caused by the fire and to give any government assistance within the authority of their agencies were John R. Nich- ols of the Housing and Home Fin ance Administration; Linn Forest and Bart Hyde, architect and en- gineer, respectively, of the Alas ka Public Works agency; c. A. Carroll, director of the Federal Housing Administration, and Ste- phen Smith, chief underwater for the same agency.
The Wrangell sentinel., 1952-03-28
BRUEGER TO RESCUE WITH TEMPORARY HOTEL

Hearing Of WrangeIIs Ire dls- tress, A. R. Brueger of the FarJ west Wrangell cannery, telephon- ed immediately from Seattle of fering any or all of the facilities of his plant. Result: The Farwest bunkhouse is affording travellers and the community a temporary hotel with good accommodations.
 In addition to offering all his facilities here, Brueger offered to send a boat and barge north with whatever the community might need.
The Wrangell sentinel., 1952-03-28
FRED HANFORD FLIES
 DOWN TO VIEW DAMAGE AND OFFER ASSISTANCE

Fred G. Hanford, prominent WrangeIl resident now stationed in Juneau as Director of the Off, flee of Price Stabilization, flew to Wrangell the first of the week to view the fire ruins and see how he could assist with rehabilita- tion. His knowledge of the town, gained through many yeas resi- dence, was invaluable to the other government officials here on damage survey, they stressed.
The Wrangell sentinel., 1952-03-28
} NOTICE <

There are still numerous boxes, mostly of clothing, steamer trunk, mattress, suitcase, bedding rolls. and other items at The Sen tinel print shop which have not been claimed. They are probably belongings of tenants of the John Olson building. One box has the name of Dan Mccullough in it.
 Also a pair of green mittens be- longing to either Opal Sturtevant or Bertrace Denny.
 The Sentinel will continue to publish, free of charge, lists of articles missing, as a result of the fire, or articles you may have which belong to someone else un- til the confusion of mixed poss- essions is strengthened out.
The Wrangell sentinel., 1952-03-28
CITY MARKET HAS OFFICE SET UP
 IN GRANT RUrT DING

The City Market, Roland and Louise Curtis operators, which was totally wiped out in the fire, has opened it's business office in the Grant building, in the space formerly occupied by Pats Flee tric shop. Accounts will be hand led while the firm makes arrange ments for getting it's store back in business.
The Wrangell sentinel., 1952-03-28
RAsMUsON FLIES IN

Elmer Rasmuson of Anchorage, head of Rasmuson banks n WrangelI Skagway and Anchor age flew in to town this week to look over the fire damage and confer with local bank manager H. B. Thornquist. He returned home Wednesday and said he ex- pected to return later for more extended stay.
The Wrangell sentinel., 1952-03-28
MRS. WATERS ARRIVES

Mrs. Mabel Waters arrived here today by lane from Seattle.
 She is owner of the Waters build ing store and apartment which, like many others, was scorched and damaged in last Fridays fire.
The Wrangell sentinel., 1952-03-28
MEALS FROZEN

ment slapped rigid ceilings on the the nations restaurants, ordering meal prices frozen at the levels in effect the week of February 3-9
 The Office of Price Stabiliza- tion said the order would be eff fective April '.
The Wrangell sentinel., 1952-03-28
K. STENSLAND HERE

Kenneth Stensland, owner Of the American Bakery building, flew into town today from Salem, Ore, where he operates a bakery, to consult Lee Stella, who was op- erating Wrangell's bakery at the time of the fire which completely destroyed it, and to check over losses.
The Wrangell sentinel., 1952-03-28
$l,273.OOO ESTIMATED FIRE LOSS

Damage totaliug more than S1.25g.0U0 resulted frua the di=- astrous fire which wiped out one half the business district of WrangeIl last Friday night and early Saturday morning.
 John R. Nichols of the Housing and Home Finance AGm.ni=.ra- ton, who Was dispat he'd here bg Governor Ernest G-ueniug to compile data To be forwarded ss President Truman. arrived at tha. approximate figure after spending two days here inteHviewins tho# who wee hit by the fire. This in- eIuded only the totally destroyed area and did not include many personal effects. The partially damaged area across the street he estimated sufEa.ed upwards of $23.0Ga in property losses.
 Insu.aue# adusters J. 1I Roa- dy of the General Adtus.meaI Bureau. and Perry Huff of Park . CT and Huff. both of Seattle. a@-I rived in town and it YVES e-nac-e5 . that settlements woald quickly Ia reached on the desuoeei area i Insurance agents Doris N. Barnes . and Leonard T. Campbell sad . they exteated no deiay in making settlements. While in Seattle. Mrs Barnes and Leonard II. Campbell fo mer Wransau rcsi- dent. net with tle repre- .eatatiyes Of the insurance companies there and Mrs Barnes reported oa ra- turning home TUesday ,a7t 1heae wa comple-e agreement to sped settlements and make adjust ments.
 The adjusters represent all companies. and their agents, which carried insurance in town.
 No Bread
 In the fire wich totally des- troyed 9 properties, the town lost a great many of it's services. The bakery went up in smoke and until bread could be brought in from the outside crackers and ] pumpernickel were at premium. A | large amount of the towns stor- age meat supply was lost in the destruction of the Zimoyia Locker l plant City Market, with it's meat market and large stock of food l business until he could re-estab- | inferno. Dr. E. J. Wheeler. the l towns only dentist, was out of | busioess until he could re-estab- 1 fish across the street.
 IIops;uor haoap,a bo cute. as apartment dwellers in all l the buildings on the fire side as well as Wrangell's only hotel | were burned out. Doubling up with friends was the main order of business. The Farwest-Wran- l gell bunkhouse has become the temporary hotel.
 New Buildings Planned
 While awaiting insurance ad- | justments, business men in the wiped out area were making plans | for rebuilding. Zalmain Gross, | manager of the W. D. Gross i Southeast Alaska theater proper ties which included the totally de- stroyed Coliseum. annouced on his arrival from Juneau that the Coli iseum would be rebuilt as rapidly as arrangements could be made. Neil Grant of the Wrangel1 Hotel was preparing to establish a new hotel and the Elks lodge at it's meeting Wednesday night decided to proceed immediately with al new building.
 Barber on Job
 First to get back into business this week was barber Lowell Sur tevant. He was on the job cutting hair Wednesday in the Nolan building next to the Den O.
The Wrangell sentinel., 1952-03-28
BACK FROM HOSPITAL

Otto Teller, Sr., who has been in the Seattle marine hospital for the past two months, returned to Wrangell on the Baranof Monday morning.
 Teller reports feeling eft as a fiddle again.