LUMBER AND TIMBER COMPANIES FUNDED DEBT, Ax of Dee. 31, 1929 Rate Dated Due Authorized . 6% 2-1-27 2-1-37 $750,000 interest Payable: Feb. and Aug. 1, at »ffice of trustee. Trustee: Continental and Commercial Trust & Savings Dank and Calvin Fen- tress, Chicago, Ill Registerable: Registerable as to srincipal. Denominations: $5,000, $1,00, $500, $100. Callable: On 30 days’ notice on any interest date at 100 and accrued inter- 145 Outstd. $500,000 est plus a premium of 1,9 for each unexpired year. Sinking Fund: $2.00 per thousand ft. for sugar and yellow pine and 40c¢ for other species, as cut. Tax Status: Interest payable without Jeduction for normal Federal Income Tax up to 29%. Security: First mortgage on land and timber. Offered by: Baker, Fentress & Co, Chicago. Ill, Feb., 1927. SHAW BERTRAM LUMBER COMPANY GENERAL OFFICE:" Klamath Falls, Ore.. BUSINESS: Conduct logging operations and manufacture lumber, lath, boxes, and box shooks. PROPERTY: Own a 125-acre millsite, sawmill, lath mill, booming grounds, plan- ing mill, box factory, at Klamath Falls, Ore.; logging equipment, logging rail- road and equity in timber contracts, estimated value in 1926, $600,000. Company holds contract with U. 8S. Dept. of Interior covering 228,000,000 feet of Indian Reservation timber. This contract was valued at $230,000 in 1926. DIRECTORS: J. R. Shaw, Pres.; R. S. Shaw, Klamath, Falls, Ore.; W. G. E. Smith, S. C. E. Smith, Portland, Ore.; A. W. Norblad. Astoria, Ore. FUNDED DEBT, Asx of Dec. 31, 1929 First (Closed) Mortgage Sink- Rate Dated Due Authorized Outstanding ing Fund Gold Bonds...............6%9% 10-1-26 10-1-34 $300,000 $300.000 interest Payable: Oct. and April 1, Calif. personal prop. tax, not exceed- office of trustee. ing 5 mills, and pay 29% Iederal in- Trustee: Title & Trust Co.. Portland. ome tax. Denominations: $1,000, $500, $100. security: First (closed) mort , kal y ’ ! ¥: $ se gage Callable: On 30 days’ notice at $102 on all property. and timber contracts. until Oct. 1, 1928, 101% next 2 years, 7 : v : and 101 thereafter. Legnl Opinion by: Veazie & Veazie, sinking Fund: Payment to trustee Portland, for underwriters, and Wilbur, monthly at $1.50 per M reservation tim- Beckett, Howell & Oppenheimer, Port- ber and $1.00 per M on logs purchased iand, for company. sutside. Offered by: Freeman, Smith & Camp Tax Status: Company will refund Co.. Portland. Ore... Oct., 1926. at 100 STOUT LUMBER COMPANY OF OREGON GENERAL OFFICE: North Bend, Ore. HISTORY: Incorporated under laws of Delaware, 1923, to acauire properties in Dregon, formerly owned by the Buchner Lumber Co. BUSINESS: Manufacturing lumber, from standing timber to finished product. operating logging camps, railroads and lumber mills. PROPERTY: The company owns in fee approximately 15,351 acres of timber lands in Coos and Douglas Counties, Oregon, and under lease an additional 440 acres. In 1928 lands estimated to carry 952,933,000 feet of timber. A mill, lo- cated at North Bend, Ore., has a capacity of over 100,000 feet each eight-hour shift. Company also owns a coastwise lumber steamer. capacity of 700.000 feet per trio. CAPITALIZATION, Ax of Sept. 1, 1928 Tr ~Value “Cinrized l : 1 Preferred A Stock. Preferred B Stock... 1% Preferred Stock... . Common Stock .... FUNDED DEBT Rate Dated Due Authorized 69. 10-15-28 10-15-31 2550.000 l'irst Mortgage Sinking Fund Gold Bonds Outstanding $1,000,000 $2,108,000 $1,000,000 2 104 209 Outstanding 2550.000