THOMSON'S MANUAL 
2. FIRST LIEN & GENERAL MORTGAGE 4%4% GOLD BONDS 
Interest Payable: F. & A. 1, at office Tax Status: Company pays normal 
of trustee. Federal income tax up to 2%. 
Trustee: Guaranty Trust Co. New Security: By general mortgage on 
York. entire physical praperiise, and by 
: . ‘nel pledge of equal amount o irst mort- 
Registerable: As to principal. gage bs, 1944. 
Denominations: Coupon, $1,000. Offered by: Harris, Forbes & Co, 
Callable: ' To Jan. 1, 1933, at 102%, New York, and Coffin & Burr, Inc., Bos- 
and at 1% % less each Feb. 1 to Feb. 1, ton, March, 1928, at 963. 
1942: thereafter at par. Price Range: 1928, high, 96; low, 95. 
3. 6% GOLD DEBENTURE BONDS, SERIES A 
Interest Payable: M. & N. 1, at office Federal income tax up-to 2% and re- 
of trustee. funds Penn. 4-mill tax. 
Trustee: Central Hanover Bank & Security: Direct obligation of com- 
Trust Co., New York. pany, but not secured by mortgage. 
Registerable: As to principal $100 Offered by: Bonbright & Co. Inc, 
and $500; prin. and coupon, $1,000 and wden, Stone & Co., and Electric Bond 
$500. Share Co., New York, May, 1922, at 
Denominations: Coupon, $100, $500 
$1,000 and $5,000. « Rangc: 
Callable: At 110 May 1, 1947 to Oct 128 1927 1926 19256 
21, 2016; thereafter at par. 5. 1% 107% 9915 941, 
Tax Status: Company pays normal LOW  cceeeneeee1 U3 100% 881% 881, 
VANCOUVER ISLAND TRANSPORTATION COMPANY, Ltd. 
GENERAL OFFICE: Victoria, B. C. 
HISTORY: Incorporated under laws of British Columbia to acquire, expand and 
improve 11 motor bus lines operating out of Victoria, B. C., together with equip- 
ment, terminal leases and an exclusive franchise granted by the District of 
Saanich and expiring June 25, 1948, with the privilege of renewal. The bus lines 
acquired were Lake Hill, Cordova Bay, Gordon Head, Deep Grove, Gorge, Red 
Line, Agnes and Marigold, West Saanich, Keating-Brentwood and Gray Line, 
operating between Victoria and Nanaimo, Victoria and Sidney. 
PROPERTY: Company owns 29 motor coaches. 17 additional on order, equip- 
ment, tools and a machine shop. 
DIRECTORS: J. S. H. Matson, J. L. Tait. W. B. Monteith, R. T. Elliot, C. L. H. 
Branson. 
CAPITALIZATION: Par Value Authorized Outstanding 
Common Stock ___....  eeeeneee $100 $500,000 $500,000 
FUNDED DEBT, As of Dec. 31, 1929 
Ist Sinking Fund Rate Dated Due Authorized Outstanding 
Cold Debentures .......cocceeeceeeeaeeee 1% 5-1-28 5-1-4383 $500,000 $350,000 
Interest Payable: May 1 and Nov. 1 
2t the Bank of Montreal, Victoria; Na- 
naimo or Duncan. 
Mh i Royal Trust Co., Victoria, 
Registerable: As to principal. 
Denominations: $100, $500 and $1,000 
coupon bonds). . 
Callable: As a whole or in part at 
L05 on 60 days’ notice. 
Sinking Fund: Sinking fund pay- 
ments of 5% made annually, beginning 
Nov. 1, 1930, sufficient to retire about 
75% of the issue by maturity. 
Security: Secured by a specific first 
mortgage on all assets and property of 
company, now owned or hereafter ac- 
quired. 
Company mav free from the lien 
thereof, sell or otherwise dispose of 
any portion of its equipment which 
will improve the position of its busi- 
ness providing that consideration re- 
ceived shall form part of the specifi- 
cally mortgaged equipment. Addition- 
al debentures may be jssued up to 
$150,000 for the acquisition of further 
equipment in properties, such addi- 
tions to be pledged hereunder. 
Purpose: Issued for acquisition of 
flow rolling stock and for working cap- 
ital. 
Offered by: Branson, Brown & Co., 
Ltd., Victoria, B. C, at 100, with bonus 
of one share of Common stock with 
each $1,000 debenture. Fractional 
share to be adjusted on the basis of 
e850 a share. 
WASHINGTON GAS AND ELECTRIC COMPANY 
GENERAL OFFICE: 10th and A Streets, Tacoma, Wash. 
CONTROL: By North American Gas & Electric Co., 57 William St., New York. 
HISTORY: Incorporated under laws of Delaware, Oct. 25, 1926. Acquired gas 
properties of the North Pacific Public Service Co. at Aberdeen, Hoquiam, Che- 
halis and Centralia, all in the State of Washington, on Nov. 1, 1926, and electric 
and water properties of the Longview Public Service Co. at Longview, Wash, 
Jan. 31, 1927. In January, 1928, acquired the Tacoma and Puget Sound divisions 
of the Mountain States Power Co. In December, 1929, acquired electrical dis- 
tribution system at Morton, Wash. Also in January, 1930, acquired electric dis- 
tribution system (Columbia Utilities) at Vernonia. Ore.. for operation of whieb 
the Oregon Gas & Electric Co. was formed.