Letter: First National Bank to Bureau of Navigation (August 20, 1942)

THE FIRST NATIONAL BANK
OF KETCHIKAN
KETCHIKAN, ALASKA

August 20th. 1942.

Bureau of Navigation,
Washington, D. C.

Re: L. Ron Hubbard, Lt., USN

Gentlemen:

We are appealing to you, believing that your office might assist us in collecting a promissory note in the amount of $250.00 sided by the above captioned Naval Officer.

The original amount was $350.00 borrowed December 5th. 1940 and reduced April 3rd. 1941 to $250.00, which amount has been renewed several times, the last being August 31st. 1941 for 90 days, due November 30th. 1941, with interest paid up to that date.

Mr. Hubbard has been notified regularly and often, and he has promised to make good the note, always in the near future. We feel that we have been very lenient with him, giving him the opportunity to get his affairs in shape, but in our last letter to him addressed care of the Explorers Club, apparently his permanent address, we informed him that we must appeal to his superiors. This notice was on July 10th. 1942, since which time we have heard no thing.

The legal rate in Alaska for interest is 8%, and there would be due, as of August 31st. 1942, 15.00, or a total of $265.00. We are sorry to have to take this step and it is difficult to believe that he would put us in this position.

Yours very t ruly,
(signed)

Cashier

cc-L.Ron Hubbard, Lt.
c/o Explorers Club .
New York City.