180

THOMSON'S MANUAL

BEST LOCK CORPORATION
GENERAL OFFICE: 918 Orange Street, Wilmington, Delaware.
BRANCH OFFICES: 1121 Post Street, Seattle, Wash.
HISTORY: Incorporated under laws of Delaware, April 19, 1928, to acquire all
the assets of and assume liabilities of the Best Universal Lock Co., a Washington
 corporation.
BUSINESS: Holds patents on the Best Universal Locking System. Locks are
manufactured under trusteeship by the Best Universal Lock Co. Seattle, Wash.
Fiscal Year Ends: June 30.
OFFICERS: Frank E. Best, President, Seattle, Wash.; C. C. McNutt, Trustee,
Wilmington, Del.; Guy E. Stansel, Vice-Pres.,, Wilmington, Del.
CAPITALIZATION: Authorized, 200,000 shares no par common stock.
On June 30, 1929, 97,840 shares had been issued. Later reports unavailable,

PACIFIC POWER & LIGHT CO., Portland, Ore.
FIRST MORTGAGE AND PRIOR LIEN GOLD BONDS. 5% SERIES
Authorized ..._....._......... ..........$17,000,000 pany, for 12 Sonsgoiive menihs wig
< : . : : 15 months immediately preceding shall
pied Aug. 1, 1930. Due: Aug 1,00 hoon cout yelont to either thre
annual interest charges on, or o
Interest Payable: Feb. and Aug. 1 »f aggregate of, all Bonds issued and
at office or agency of the company in jutstanding under the Mortgage (in-New
 York. cluding those proposed to be issued)
Trustee: Chemical Bank & Trust Co.. and all outstanding prior lien bonds.
New York, Mortgage contains provisions permit
Registerable: Coupon bonds in §1,000 ing modification or alteration of the
denominations, registerable as to prin- Bonds or Mortgage or any instrument
cipal. Fully registered bonds in inter-  jpplemental thereto, with consent of
changeable denominations of $1,000 and jo Company and by affirmatice vote of
$5,000. Coupon bonds and fully regis-  j;)gers of not less than 85% of outtered
 bonds, interchangeable. standing Bonds, provided that no such
Callable: In whole or in part on 30 modification or alteration shall permit
days’ notice at 105, up to and including axtension of maturity of any Bond or
July 31, 1934; premium decreasing 4% reduction of interest thereon or any
on each Aug. 1 thereafter, to and in- sther modification of payment of such
clud Aug. 1, 1953; thereafter at 100. srincipal or interest without consent
Provisions: Additional Bonds of one 0f the holder thereof
or more series may be issued (a) for
not exceeding 75% of cost or fair value,
whichever is less, of property additions
and/or property of subsidiary companies
 less the amount of any outstanding
 prior lien bonds secured by lien
thereon; (b) for refunding an equal
amount of Bonds of any series theretofore
 issued under the Mortgage; (c) for
refunding or on account of deposit with
the Trustee of an equal amount of prior
lien bonds; and (d) against an equal
amount of cash deposited with the
Trustee.
However, no additional Bonds may
be issued, except for refunding purposes,
 unless net earnings of the Com-