128 THOMSON'S CAMPBELL RIVER TIMBER COMPANY, Ltd. GENERAL OFFICE: Henry Bldg. Seattle, Wash. HISTORY: Incorporated under laws of Washington, Oct., 1926. BUSINESS: Logging in British Columbia. PROPERTY: Company holds renewable lease from the Province of British Co- umbia on approximately 27,504 acres of land cruising 1,240,344,000 feet of timber, with an estimated value of $2,513,961, located in Sayward District. on Vancouver ‘sland, B. C. Timber is largely old growth yellow fir. ROYALTIES: Company pays Dominion government 75c¢ to $1.65 per M as timber s logged and annual fee of $140 per 640 acres. OFFICERS: C. H. Cobb, Pres.; A. 8S. Kerry, Vice Pres.; J. W. Eddy, Vice Pres.; J. G. Eddy, Sec.-Treas.; Edward I. Garrett, stockholder: Joshua Green. stock- aolder. . CAPITAL STOCK: Paid up, $850,000. Rate First Mortgage Bonds...................... 6% Interest Payable: J. & J. 1 at office of trustee. Principal Payable: Due $122,000 each Jan. 1, 1932 to 1940, incl, and $127,000 Jan. 1, 1941. Trustee: Detroit & Security Trust ~o., Detroit, Mich. Registerable: As to principal. Denominations: Coupon. $500 and 81.000. Dated Due Authorized Outstanding 1-1-27 1932-41 $3,000,000 $1,225,000 Callable: At $101 on any interest date on 30 days’ notice. Sinking Fund: Company pays quar- terly to trustee $1.50 per M for all timber cut. Tax Status: Company pays normal Federal Income Tax up to 2%. security: First mortgage on lease and timber held thereunder. Offered by: Baker Fentress Co. Chi- cago. Iil., Jan., 1927. CARLISLE LUMBER COMPANY GENERAL OFFICE: Onalaska, Wash. HISTORY: Incorporated under laws of Washington, June 7, 1922. Successor to ~arlisle-Pennell Lumber Co., incorporated in Kansas in 1903. BUSINESS: Company operates modern sawmill of 70,000,000 feet annual capacity, manufacturing lumber and shingles from Dougles fir, cedar. spruce and hemlock -0gS. PROPERTY EQUIPMENT: In addition to sawmill, company owns over 6,000 acres of timber lands in Lewis and Grays Harbor Counties, Washington, cruis- ing more than 500,000,000 feet of merchantable timber. running {8% Douglas fir, halance cedar, spruce and hemlock. Company owns entire capital stock of Newaukum Valley Railroad, a com- mon carrier, extending from Onalaska to Napavine, Wash., a distance of 11 miles. Company also owns 12 miles of standard gauge logging railroad. OFFICERS: W. A. Carlisle, Pres. and Gen. Mgr.: K. L. Carlisle, Vice Pres. and Treas.: F. B. Carlisle, Vice Pres.; J. E. Stout, Secy. DIRECTORS: XK. L. Carlisle, F. B. Carlisle, W. A. Carlisle, J. E. Stout, Mrs. W. A. Carlisle, all of Onalaska, Wash.; W. A. Harwi, Atkinson, Kan.: T. M. Walker. Kansas City, Mo. : GENERAL AUDITORS: C. H. Plate, St. Louis, Mo. Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Mon. in Feb. CAPITALIZATION, As of Dee. 31, 1929 Par Value Authorized Outstanding 1. 7% Preferred Stock ..oooeiiinnaes $100 $1,000,000 3 627,000 2. Common Stock ooo... eae. $100 $2.500.000 $2.390.400 1. 7% PREFERRED STOCK Provisions: Has preference as to as- Voting Power: When default in di- sets and gividenas. No new indebted- vidends occurs. ness or stock, having equal or prior Dividends: 31 aid Oct. 15, 1925. ~ight with this issue can be created. Regular eo IR A. & O. 15 to Callable: After one vear on anv di- 1928, incl.; Apr. 1, 1929, 3%, %. None vidend date at 105. thereafter to Jan. 1, 1930. 2. COMMON STOCK Provisions: Has exclusive voting fault in dividends occurs. power with restriction, that preferred Dividends: No dividends paid or stockholders mav also vote when de- Common to Jan. 1. 1930