U.S.S. YP422
29 August 1942
Cashier,
National Bank of Ketchikan,
Ketchikan, Alaska.Dear Sir:
I am in receipt of a handful of letters from you which have been held at the Club and elsewhere. I have long been aware of the delinquency of this note and the hundred dollars which I paid you upon it some time ago was, I know, paid a long time ago. Since then I have been in several places and have been subject to considerable expense.
Your last letter requesting that I pay the interest is hereby complied with. You will find fifteen dollars enclosed which will also take care of additional interest during the next month.
I have told you several times that you need have no concern about this note for I have arranged for it to be paid if anything happens to me and I am trying to pay it now. However the pay of my present rank is not the pay I received when I signed your note and the condition of war, as I have explained before makes it very difficult for me to pay a few of the bills which were contracted prior to the war since all extra income is shut off.
Please accept this sum for the interest and be assured that I will try my best to give you some sort of satisfaction on this note. I have very little money outstanding now and should be able to give you something more than promises in the near future.
L. Ron Hubbard
Lieutenant, USNR
Ketchikan
Letter from First National Bank (August 20, 1942)
THE FIRST NATIONAL BANK
OF KETCHIKAN
KETCHIKAN, ALASKAAugust 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.