THOMSON'S MANUAL 2 LIABILITIES— Prior Preference Stock (7%) ...ooieeee Premium .cccoooeeemnne. ee me—maaaann BoAE .umemenipsssposwrummons CR Coupon Notes ............ Notes Payable ..cceeeen Accounts Payable ........ Accounts Not Yet Due Dividends Declared ... Depreciation Reserve ........ Special Depreciation Res. Road Equipment Depreciat. Operating Reserves Unadjusted Credits Capital Stock .oeoeeeee mann Barned Surplus occoommmececceininrmaenaes 2,. TOTAL LIABILITIES .oeeeeeeeee----$132.286.595 FUNDED DF™T, As of June 1, 1930 .e Dated Due 6-2-24 6-1-49 ?-1-26 7-31 -30 WFO -10 -0¢ -f 00 9.000 36 357 ,091 “.56¢ $10,000,000 148,777 55,674,500 4,350,000 2,700 588,342 1,787,562 520,456 4,447,709 432,324 117,388 30,333 «,498,648 1,675,148 $122.273.887 $130.482.552 Authorized $36,500,000 * 5,000,000 9,000,000 3,000,000 (00,000 "90,000 “30,000 ~00,000 5,000,000 2 000.000 Outstd. $36,255,000 $ 4,432,500 $ 9,000,000 3,990,000 5 2.254,000 $1,989,000 $ 169,000 $ 1,232,000 $ 3,000,000 e 1.228. 400 1st and Ref. Mtge. Series A... 1st and Ref. Mtge. Series B...... Ist and Ref. Mtge. Series C...... Pac. Coast Power CoO.ceueeann ee S.E. Co., Seattle-Everett Tr. <). Puget Sound Power Co....... .. Twin City Lt. & Pr. C — Whatcom County Ry. « Ji. CO. 10-Year Gold Notes..... anna FE.-Vear Gold Notes ._ oo... gq, 10 . 06 2-1-50 Rel-928 © 4 = a] i. FIRST AND REFUNDING MORTG interest Payable: J&D 1, at Conti- nental Illinois Bank & Trust Co. Chi- cago; Bankers Trust Co.. N.Y. or trus- tee’s office. Trustee and Registrar: Old Colony Trust Company, Boston. Registerable: As to principal, coupon $500 and $1,000 registered $1000 and $10,000. Denominations: Coupon $500, $1,000 and $10,000. Callable: As a whole or in part on any interest date; on June 1, 1930, at 1043, ; thereafter decreasing 14% an- nually on Dec. 1 of each year to 100 on Dec. 1, 1948; in any case with ac- crued interest. Sinking Fund: 11,9% of aggregate amount of bonds (including First and Refiindine Series A & B and underlving AGE 514% GOLD BONDS, SERIES A bonds) outstanding, payable Sept. 1, to which is credited any annual pay- ments to sinking funds of underlying bonds. Tax Status: Company pays normal Federal income tax up to 2%. Security: By first mortgage on sub- stantially all electric power and light properties and certain other property now owned or hereafter acquired, sub- ject to underlying liens, with provision for retirement thereof. Legal Opinion by: Gaston, Snow, Sal- tonsall & Hunt, Boston, for Company; Rushmore, Bisbee & Stern. New York for bankers. Offered by: Lee, Higginson & Co. Harris, Forbes & Co., Inc, Estabrook & Co., New York. 1924, at 97. 2. FIRST AND REFUNDING MORTGAGE 5%% GOLD BONDS, SERIES B Tngerast Ravables PEA 1 at og al Sinking Fund: Same as Series “A.” ony Trus 0., oston; ontinenta - 2 linois Bank & Trust Company, Chicago; naa Se Cor pany pays normal Bankers Trust Co., New York. . ° Trustee and Registrar: Old Colony Security: Issued under the same Trust Co., Boston. mortgage as $28,499,000 series “A 5s Registerable: As to principal and equally secured therewith. Denominations: Coupon $500 & $1000. Offered by: Lee, Higginson & Co. Callable: As a whole or in part on Harris, Forbes & Co., and Estabrook & Feb. 1, 1930, at 1001, decreasing to 100 Co., New York. on Aug. 1, 1930, in each case with ac- Date Offered: April, 1926. Price: rrued interest 99. 3. FIRST AND REFUNDING MORTGAGE 5% GOLD BONDS, SERIES C Interest Payable: May 1 and Nov. 1, Sinking Fund: 114 9% per annum, pay- at Old Colony Trust Co., Boston; Bank- able in cash or bonds, of the aggregate ers Trust Co., N. Y.; Continental Illinois amount of bonds (including First and Bank & Trust Co., Chicago. Refunding Series C, A and B and un- Trustee and Registrar: 0ld Colony derlying bonds) outstanding, payable Trust Co. September 1, toward which are credited Registerable: As to principal only. the annual payments to sinking fund Denominations: $1,000. of underlying bonds. No sinking fund Callable: As a whole at any time or will be in effect after the Series A and in part on any interest date on notice B Bonds have been retired. as provided in the mortgage at a pre- Tax Status: Company pays normal mium of 5%, until May 1, 1931, decreas- ncome tax up to 2%. Penn. personal ing %9% thereafter on each date. prperty uo to 4 mills and Mass. taxes