06 _ 
THOMSON'S MANUAL 
UNITED NATIONAL CORPORATION 
(For Financial Statement, See Appendix.) 
GENERAL OFFICE: 800 Second Ave. Seattle, Wash. 
BRANCH OFFICES: Spokane and Tacoma, Wash.; Portland, Ore.; New York City. 
HISTORY: Organized under the laws of Washington July 10, 1928, as the United 
Corporation. Name changed to present in May, 19289. 
BUSINESS: A holding company, primarily conceived to acquire controlling in- 
terest in the “United Group” of corporations developed in Seattle by the invest- 
ment banking firm of Drumheller, Ehrlichman & White. 
Company’s charter grants broad powers, permitting acquisition of minority 
or majority interests in security or financial institutions, participation in under- 
writings, syndicates, etc. 
On June 30, 1930, United Founders Corp., New York, owned 10,754 shares of 
Common stock, approximately one-third of the control shares, and 100,000 Par- 
licipating Preference shares. 
OFFICERS 
R. M. Drumheller, Chairman. 
Ben B. Ehrlichman, Pres. 
Eugene B. Favre, Vice Pres. 
W. H. White, Vice Pres. 
R. I. Ehrlichman, Vice Pres. 
£. B. Sherwin, Vice Pres. 
Fr. W. Buff. Vice Pres 
J. J. Hess, Vice Pres. 
Odd O. Young, Vice Pres. 
R. M. Hurlbut, Sec'y. 
E. V. Denny, Treas. 
L.. C. Barton, Asst. Sec'y. & Asst. Treas. 
R. F. Hewitt, Asst. Sec'y 
TRUSTEES 
R. M. Drumheller, Chairman, Seattle, I.ouis H. Seagrave, Pres. American 
Wash. } Founders Corp., and United Found- 
eno Ehrlichman, Pres. Seattle, ers Corp., New York. 
ash. R. I. Ehrlichman, Vice Pres. Seattle 
Tugene B. Sayre PL Jarphy. Favre ‘Wash. S ’ 
& Co., Spokane, Wash. hi i 
B. Carlton Granbery, Harris, Forbes & LCR Me Be Wash. 
Co., New York. grove, Spokane, Wash. 
joshua Green, Chairman Peoples Bank . . 
& Trust Co., Seattle, Wash. Sidney J. Dicketts. 
Royal E. T. Riggs, Seibert & Riggs, J. C. Bowles, Pres. Northwest Envelope 
Attorneys, New York. Co., Seattle, Wash. 
Fiscal Year Ends: June 30. Annual Meeting: 2nd Tues. in July. 
Number of Employees: 200. 
HOLDINGS, As of June 30, 1930 
75,000 shs (100%) Com. stock Drumheller, Ehrlichman & White, Seattle, Wash, 
Investment Bankers. 
20,000 shs (100%) Com. stock Murphey, Favre & Co., Spokane, Wash., Investment 
Bankers. 
800 shs (409%) Com. stock Ferris & Hardgrove. Spokane. Wash., Investment 
Bankers. 
192.967 shs (100%) Com. stock United Pacific Bond & Share Corp. Seattle, Wash. 
A consolidation of three investment trusts, United Bond & Share Corp., 
United Pacific Corp., and United Diversified Securities Corp. Con- 
solidation effected June, 1930. ] 
2,225 Shs £7193 Com. stock United Pacific Casualty Insurance Co., Seattle, 
ash. 
1,000 shs (100%) Com. stock United Pacific Fire Insurance Co., Seattle, Wash. 
1,998 shs (83%) Com. stock United Insurance Agency, Seattle, Wash. 
9,550 shs (95.5%) Com. stock United Trust Co., Seattle, Wash. 
5,000 shs (100%) Com. stock United Pacific Realty & Investment Corp. Seattle, 
Wash., controlling Medical & Dental Bldg, Shopping Tower, Pine Street 
Center Bldg., Exchange Bldg. United National Bldg. in Seattle; 
Rhodes Medical Arts Bldg., in Tacoma; Green Block, in Spokane. 
Drumheller, Ehrlichman & White, Murphey, Favre & Co. and Ferris & Hard- 
grove each own one-third interest in the United Oregon Corp., Portland. Ore., a 
securitv distribution organization. 
Date 
7-10-28 
5-15-29 
7-10-28 
1-15-29 
CAPITALIZATION, As of June 30, 1930 
~ Total 
Authorized 
1,000,000 shs 
200.000 shs 
Par 
Name of Stock Value 
larticipating Pref. ...No Par 
Participating Pref. ...No Par 
Common .... eeemeeee-.NO Par 
Common wena No Par 
Amount 
Authorized 
150,000 shs 
850,000 shs 
30,000 shs 
170 000 shs 
Outstanding 
500,000 shs 
22.261 shs