JUBLIC UTILITIES $120,000 until Nov. 1, 1929, and increas- Security: First mortgage on entire ing thereafter to the sum of $216,000 fixed properties now owned or here- for last year prior to maturity. after sequired. Tax Status: Any income or personal Offered by: Paul & Co., Philadelphia, property tax of any state refunded. . Company pays normal income tax up and Freeman, Smith & Camp Co., Port- to 2%. land, Ore., Nov., 1927. 2. 10-YEAR 7% GOLD DEBENTURE Interest Payable: M&N at trustee's commecing Nov. 1, 1929, to operate office. semi-annually. Trustee: Chatham Phenix National Tax Status: Any income or personal Bank & Trust Co.,, New York. tax of state refunded. Company pays Regist ble: As to principal normal Federal income tax up to 2%. eslsterables 8 p pat. Security: A direct obligation of com- Denominations: Coupon $1,000. pany, not secured by a mortgage. v . ; Offered by: Yeager, Young & Pier- Tes on a interest date on 30 son, New York; Pearson, Echard & Co. : Boston, 1928, at par with bonus of 10 Sinking Fund: A fixed sinking fund shares of common stock with each $1000 based upon net earnings is provided, debenture. MOUNTAIN STATES POWER COMPANY GENERAL OFFICE: Albany. Ore. CONTROL: By Standard Gas & Electric Co. EXECUTIVE OFFICE: 231 So. LaSalle St., Chicago. HISTORY: Incorporated under laws of Delaware, Dec. 13, 1917, as a reorganiza- tion of the Northern Idaho & Montana Power Co. Company has since acquired property of Tacoma Gas & Fuel Co. Puget Sound Gas Co., Stayton Light & Pow- er Co. Coast Power Co., Natrono Power Co., Douglas Light & Power Co. Libby Light & Water Co., Midwest Public Service Co. BUSINESS: Supplies 110 communities in Oregon, Washington, Idaho, Montana, Wyoming and South Dakota with electricity, gas. steam, water and telephone service. PROPERTY: Has steam and hydro-electric stations with installed capacity of 26,410 k.w.; 1,414 miles of transmission and distribution lines, 79 miles of gas mains and gas plants with daily capacity of 1.380.000 cubic feet OFFICERS: J. J. O'Brien, Pres.; C. M. Brewer, Vice Pres.: P. Sullivan, Vice Pres.; R. J. Graf, Vice Pres.; F. C. Gordon, Vice Pres.; E. J. McKay, Vice Pres.; M. A. Morrison, Secy.-Treas.; H. List, W. G. Pohl, C. H. O'Reilly ,W. L. Fitzpatrick, P. A. Lehmkuhl, J. A. Chilleen, Asst. Secy.-Treas.; Z. E. Merrill, Asst. Secy. DIRECTORS: R. J. Graf, J. H. Briggs, J. J. O'Brien, F. W. Stehr, M. A. Morri- son, B. W, Lynch, C. M. Brewer. Fiscal Year Ends: Dec. 31. Annual Meeting: Mar, Sv CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized 7% Cum. Pref. Stocke..oooooooceeeeecceee. $100 $15,000,000 Common Stock _. veveeeeeeeen-NoO Par 500.000 shs L. 2 Outstanding $5,295,500 142 500 shs 1. 7% CUMULATIVE PREFERRED STOCK Provisions: Preferred as to assets and as to dividends cumulative from Jan. 1, 1918, to Jan. 1, 1920, at 59% to Jan. 1. 1922, at 6%; thereafter at 79%. Callable: On 60 days’ notice at 110. Dividends: Regular 7% annual divi- dend paid quarterly, Jan., Apr., July, Oct. 20, to holders of record 20th ot preceding months. Transfer Agent: Guarantv Trust Co. New York; Bank of California, N. A., Portland; Continental Illinois Bank & Trust Co., Chicago. Registrar: Continental Illinois Bank & Trust Co., Chicago; Guaranty Trust Co., New York; Title & Trust Co., Portland. Publie Offering by: Blyth & Co., Se- attle, Portland and San Francisco, Mar., 1925, at 97. Number of Stockholders: 3,000 2. COMMON STOCK Ownership: Standard Gas & Electric Registrars: Continental Illinois Bank owns 88,120 Common shares. ; . ; Dividends: $1 per share per annum & Trust Co., Chicago: Guarantv Trust paid Feb, 1. 1924 to Feb. 1. 1927. Co. New Vorl