DIRECTORS: A. J. Perkins, J. P. Winter, J. S. Magladry, J. 3. Moltzner, Well Stevens, W. T. Culver, Joseph M. Healy. GENERAL COUNSEL: J. P. Winter, J. S. Moltzner, Lawrence T. Harris, Portland, Oregon. Fiscal Year Ends: Dec, 31. Annual Meeting: January. oor “TATION, As of Dec. 31, 1929 Par Value Authorized 1. 59% Part. Pref. Stocn.eannceeecceeee.. $100 $1,000,000 2. Common Stock .. .- $100 $ 500,000 Outstanding $351,100 $183,135 l. 8% PARTICIPATING PREFERRED STOCK Preferred stock has preference up tc $100 per share in liquidation. Dividends: 5% per annum paid semi- annually, Jan. and July 1, on preferred. None on common stock recently. Provisions: 59 dividends are cumu- lative, and have preference over com- mon dividend. After common receives 5% dividend in any one year, further dividends are distributed two-thirds to com. stk. and one-third to preferred. DMPAR*TIVE BAI NCE SHEET, As of Dec. 21 1929 vi 13,503 "3 20,060 18,679 171,581 £7 ASSET. Cash corrreeeeeer see, Stocks and Bonds .... Accounts Receivable Mortgages Receivable Notes Receivable .... Accrued Interest ..... ean Home Office Bldg. ceo... ceeoatenannenna——- Office Bldg., Eugene, Ore. .... ...........___ Furniture and Fixtures ............oooooooooeeoooooo Charter and Other AssetS.....................oooo...___ 1927 5,432 ? 789 +28 47 ; TOTAL ASSETS LIARILITIEFS Capital ..... Surplus ............... Bond Liability .._..... Accounts Payable . - Notes Payable __.................. Mortgage Loans Payable ... Nat. Inv. Corp. ..._._. TOTAL LIABILITIES 4,235 “905 cop FUNDED DEBT, As dec. 9 1929 Dated Var. Var Interest Payable: Semi-annually on Coupons, Jan. and July 1. Savings Bonds are cumulative, payable at ma- turity. Trustee: Lawyers Title & Trust Co., Portland. Ore. Rate 1. 1st Coupon Bonds......... 6% 2. 1st Mort. Savings Bonds 6¢ Jue Authorized Various Unlimited Various Unlimited Registerable: As to ownership. Denominations: $100, $500, $1,000. Security: First mortgages on Ore- gon real estate, deposited with the trustee mtstanding $50,000 $19,869 GENERAL AMERICA CORPORATION GENERAL OFFICE: 1102 White Bldg., Seattle, Wash. HISTORY: Incorporated under laws of Washington, July 1. 1929. BUSINESS: A holding company, organized primarily to acquire and hold stock of the “All-America Group” of insurance companies. Charter permits engaging in most any character of financial business. HOLDINGS: Company owns or controls all but directors’ qualifying shares in the following: General Insurance Co. of America, First National Insurance Co. of America, General Casualty Co. of America, American Insurance Agency. The above companies were acquired by exchange of stock as follows: 75 shares of Gen. America Corp. for each one share of Gen. Ins. Co. of America and Gen. Ins. Agency combined; 30 shares of Gen. Am. Corp. for each one share of First Nat. Ins. Co. of Am. The Gen. Casualty Co. of America was owned jointly bv Gen. Ins. Co. of America and First Nat. Ins. Co. of America. The Western Insurance Co. of America, owned bv the Gen. Ins. Co. of Amer- ica, was liquidated in 1929-20