288 
THOMSON'S MANUAL 
FIRST SEATTLE DEXTER HORTON SECURITIES CORPORATION 
GENERAL OFFICE: Second Ave. at Columbia St., Seattle, Wash. 
BRANCH OFFICES: Seaboard Branch, Fourth and Pike, Seattle; Metropolitan 
Branch, Third and Union, Seattle: also branches at Ballard and Walla Walla, 
Washington. 
HISTORY: Incorporated under laws of Delaware, Sept. 19, 1929. Organized in 
connection with consolidation of Dexter Horton National Bank, First National 
Bank, Seattle National Bank, as the *First Seattle Dexter Horton National Bank, 
for the purpose of holding stocks of affiliated banks and also serving as an in- 
vestment subsidiary. of the consolidated institution. 
BUSINESS: Retail and wholesale distribution of securities. Participating in 
security syndicates, etc. 
SUBSIDIARIES: Holds all but directors’ qualifying shares of the following in- 
stitutions: *Metropolitan National Bank, *First Security Bank, Dexter Horton 
Sous Bank, First Greenwood National Bank, First Canal Bank. all in Seattle, 
ash. 
*For financial statement see Banking section of this manual. 
OFFICERS: W. H. Parsons, Chairman; M. A. Arnold, Pres.; Lawrence M. Arnold, 
First Vice Pres.; George E. Maine, Vice Pres.; H. S. Grande, Vice Pres.; Thomas 
F. Gleed, Vice Pres.; Park Cassel, Secy.; Morton Baker, Treas. 
DIRECTORS: W. C. Butler, Mark Reed, F .H. Brownell, L. C. Henry, W. H. Par- 
sons, M. A. Arnold, L. M. Arnold. Hugh G. M. Kelleher, J. W. Spangler, D. E. Fred- 
erick, O. D. Fisher. 
Fiscal Year Ends: Dec. 31. Number of Employes: 40. 
CAPITALIZATION, As of Dec. 31, 1929 
Par Value Authorized Outstanding 
. $100 20,000 shs 15,000 shs 
No par 400.000 shs $2.000.000 
1. 69% Cum. Pref. Stock........... 
2. Common Stock .. 
1. 6% CUMULATIVE PREFERRED STOCK ' 
Provisions: Preferred over common per annum paid quarterly, Jan. Apr. 
stock oy to 6% Zana) Svidengs and as July and Oct. 1st. 
to assets in event o iguidation. . 
Callable: At par and accrued inter- Aa He Otfering by: The Company 
est on 60 days’ notice. ” ’ : 
Dividends: Beginning Jan. 1, 1930. 6% Number of Stockholders: 650. 
2. COMMON STOCK 
Ownership: All owned by _stock- Paid In Equity: Original 400,000 
holders of First Seattle Dexter Horton cas 
National Bank, each share of bank shares were paid in at $5 per share. 
stock carrying with it a share of Se- » 
curities stock, which cannot be sold Voting Power: Common stock ha 
separatelv sole voting power. 
FIRST SEATTLE DEXTER HORTON GROUP 
CONSOLIDATED STATEMENT OF RESOURCES, As of Dec. 31. 1929 
- Surp. and 
Capital TUndiv. Profits Deposits Total Resources 
1st Seattle Dexter Horton........$8,000,000 $2.02A.641 $78,328,402 $ 93,815,759 
Metropolitan Nat. Bank........... 5CC n00 coe 10,655,257 11,669,423 
1st Greenwood Nat. Bank... . n¢ 604,822 639,256 
First Security Bank... ‘ £89,170 1,861,814 
Dexter Horton State Bank... ~1 B85 892,182 
First Canal BanK..oeeeeeeen. 0 627,157 
First Rainier Valley Bank... 2 472.177 
r 
TOTAL _....... 
CC T$2.810.000 
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202.029.9921 
e100 978.771 
GUARANTY TRUST COMPANY 
GENERAL OFFICE: 172 Broadway, Portland, Ore. 
BRANCH OFFICES: Salem, Marshfield, Coquille, LaGrande, Eugene. North Bend. 
Silverton and Klamath Falls, Ore.; Anchorage, Alaska. 
HISTORY: Incorporated under laws of Oregon August 19, 1912, under name Ore- 
gon Bond and Mortgage Co. Name changed 1924. 
BUSINESS: Company issues first mortgage bonds, secured by first mortgages 
on improved real estate in Oregon. Also operates general insurance and prop- 
erty management departments. 
SUBSIDIARIES: National Investment Corp. incorporated under Oregon laws 
April 28, 1927; holds title to all company’s real estate. 
OFFICERS: A. J. Perkins, Pres.; J. S. Magladry, Vice Pres.; L. R. Holmes. Ser 
Treas.