Amazing Spider-Man #47 (April 1967) – “In the Hands of the Hunter” – Stan Lee/John Romita
This one starts with a Spider-Man/Kraven fight that’s presented as a flashback even though it’s not from any of Kraven’s previous appearances. Yes, it’s a continuity insert, the first of many. Turns out Kraven fought Spidey before their fight in issue 34 because he was paid to by the Green Goblin. Spider-Man escaped and Kraven followed the Goblin’s “lackey” and found out he was Norman Osborn, not realizing Osborn actually was Green Goblin.
Later, Kraven fought Spidey again (as seen in issue 34) and got his ass kicked. Now that Gobby has supposedly died, Kraven has decided to find Osborn and demand his money, but Osborn isn’t at his office in Manhattan. Elsewhere, Gwen is throwing a farewell party for Flash Thompson before his Army induction and she’s invited Peter, Harry, and Mary Jane (among many others). When Kraven can’t find Norman Osborn at home, he comes after Harry to draw Norman out, busting into Flash’s party. Peter changes into Spider-Man to stop him and they mix it up, but Kraven uses a new 
device to paralyze Spidey’s muscles. Before he can finish Spidey, Norman Osborn shows up and Kraven grabs him. Because of Osborn’s amnesia, he has no clue who Kraven is or what he wants and Kraven’s jungle instincts confirm Osborn isn’t lying, which confuses the hell out of him. Kraven takes off and Spidey has to let him go to save Osborn from falling to his death. Later, Peter wishes Flash good luck in the Army.
This is a pretty good issue, although the continuity insert makes Kraven look a bit more mercenary than usual. I guess he does have living expenses (as well as bribes he probably pays to
Immigration officials every time he’s deported), so there’s no reason for him not to take Osborn’s money, but he probably would’ve gone after Spider-Man anyway just out of pride. His new muscle-zapper device works pretty well; if not for Osborn distracting Kraven, Spidey might’ve been killed. It was interesting to see Osborn’s amnesia screwing things up for Kraven. We get some cool character scenes with everyone at Flash’s party. I’m not sure why Peter invited Ned and Betty since they hardly know Flash, but it was nice to see Betty’s jealousy is a thing of the past. In fact, she was wondering which girl Peter was more into, Gwen or MJ?
Amazing Spider-Man #48 (May 1967) – “The Wings of the Vulture” – Stan Lee/John Romita
This one starts with Adrian Toomes (aka the Vulture) in the prison hospital after a workshop accident. His cellmate Blackie Drago comes in to see him and Toomes tells him where he hid his spare Vulture suit, making Blackie promise to kill Spider-Man for him. But it turns out Blackie arranged the “accident” to force Toomes to tell him where the Vulture wings were hidden and now Blackie leaves Toomes to die and escapes, getting away from the guards with the
Vulture’s wings. (Toomes doesn’t actually die here; he’ll be back to get revenge on Drago as well as Spidey.) The new Vulture goes on a crime spree and when Peter hears about it he decides he’d better go after him, even though he has the flu and feels like complete shit. Vulture takes a hostage to the top of a bridge and Spidey manages to save him, but the virus has him half out of it and Vulture kicks his ass, leaving him for dead on a snowy rooftop.
This is a pretty good issue, with some cool 
fight scenes between Spider-Man and the new Vulture. It was interesting to see Drago fake Toomes out, forcing him into a deathbed admission of where he hid his spare wings. Drago is smart enough not to go looking for Spider-Man, but ends up fighting him anyway and thinking he killed him at the end. Of course, we know Spidey will recover, but Drago did pretty well for his first fight against a super-powered opponent.