Jay Hammond, Alaska Governor and Creator of the Permanent Fund
Former Governor of Alaska, Jay Hammond, died at age 83,
peacefully at his home in Lake Clark, Alaska. He served Alaska
as its Governor from 1974 to 1982, the years during which Alaska
built an incredible oil pipeline, banked a large amount of the
oil lease revenues, and created a dividend program that every
resident of Alaska benefits from yearly.
Very few men are ever fortunate enough to be so productive
during their public life. Not surprisingly, Jay Hammond was
respected and admired by a huge population. He was the