Plan Seattle-Tokyo Air Trip
An attempt tc fly the fegbound Nc:th Pacific from Seattle to
Tekyo in an effort to rapture a 825,000 purse posted by a Japanr ,e
newspaper for the aerial feat, is planned by Real! D. Hill, 25, Los
Angeles aviator, lie hopes to start the flight June 25. Navigation
charts fer the hazardous flight are being prepared for Hill by
Ensign C. II. Clark. IT. S. naval reserve flier. Hill’s Lockheed
Sirius monoplane has ben christened "Ruth Louise” in honor of
his pretty young wife, a former Montana girl. The plane is now
at Seattle, being fitted with tanks to carry 800 gallons of fuel for
the 4400-mile flight, which he hopes to negotiate in from 25 to
30 hours.
HOLC EXTENDS
OPERATIONS TO
THE TERRITORY
Behrends Bank Designated
Agent for Juneau, Doug
las and Vicinity
After almost a year of endeavor
by Delegate A. J. Dimond, Gov.
John W. Troy and others, the
activities of the Home Owners'
Loan Corporation have at last been
extended to Alaska. This was re
vealed today when it was an
nounced that the B. M. Behrends
Bank, pioneer Juneau financial in
stitution, has been designed rep
resentative of the Seattle office of
the HOLC, for Juneau. Douglas
and thiiT entire vicinity.
Mr. Behrends has just received a
letter from W. E. McCroskey,
Washington State Manager of the
Corporation, appointing the bank
and outlining the procedure that
must be followed. It is under
stood that banks in other Alaska
communities have received similar
designations.
Principal Is Guaranteed
In cases of necessity for relief,
the HOLC will exchange bonds for
mortgages held on homes, under
specific conditions. The principal
as well as the interest of the
bonds is guaranteed by the Gov
ernment.
