THOMSON'S MANUAL 
CAPITALIZATION: Par Value Authorized Outstanding 
l. 7% Cum. Preferred Stock................ $10 250,000 shs 18,815 shs 
2. Common Stock . ewee-NO Par 250,000 shs 45,198 shs 
1. 7% CUMULATIVE PREFERRED STOCK 
Callable: On any dividend date at annually Jan. and July 1, since Jan. 1, 
5% premium. Redemption by lot pro- 1929. 
vided for through sinking fund of 10% Legal Opinion by: Stephen J. Chad- 
of net profits after required 7% divi- wick, Seattle, Wash. 
dend has been paid on Preferred stock. Publie Offering by: Lowrie & Co, 
Voting Power: None. in 1928, in units of two shares of Pre- 
Tax Status: Dividends exempt from ferred and one share of Common at $30 
29% normal Federal income tax. per unit. 
Dividends: 7% per annum, paid semi- Number of Stockholders: 400. 
COMPARATIVE INCOME STATEMENT. Year Ending May 31, 1939 
Gross Revenue ........... ieeeenn$110,199 
Operating Expense .............. ... 37,423 
Net Earnings cooooeeeeeecoeeeoceeeeeeeeeaeeeen. eed 72,776 
Taxes, Depreciation, Bad Accounts. etc. .......... re eeemeeeeeeeen 19,086 
Net Income .......cccerccrvmssnnns ot veeeeeeeee § B3,190 
Preferred Dividends ........ eeeeeen 13,165 
Surplus for the year ..nnn. A. ....$ 40,025 
BALANCE SHEET, As of May 31, 1930 
ASSETS LIABILITIES 
Notes & Accts. Payable................$160,132 
Deferred Income ........eco-ceeeeeeeeee 31,461 
Preferred Stock .oocoeeeeeiieiieceeeeeee.... 188,150 
Yommon Stock eoeoooeeeeeeeeeee.. 451,980 
Reserve for Pfd. Dividends........ 5,485 
nrolus vereeemnan 45,049 
TOTAL LIABILITIES ..............8882.257 
CASH eeeeeeeeeeeeeeeeeeeeeeeeemmeemenmeennne $21,950 
Notes & Accts. Receivable........... 772 70 
Investments ..ooceeeceoomeazmmmenene 0 
Mis. Assets & Deferred Chars 
Furn. and Fixtures.......... 
Organization Expense ........... 
TOTAL ASSETS $882.27 
NORTHWEST BANCORPORATION 
GENERAL OFFICE: Minneapolis, Minn. 
HISTORY: Organized under laws of Minnesota Jan. 8, 1929, to engage in Group 
Banking. 
BUSINESS: Holding company for banks, trust companies and investment com- 
panies. During 1929 control was acquired, directly, of 75 institutions and in- 
directly, through acquisition of the Union Investment Company, of 31 more, mak- 
ing total of 106, located in 8 states as follows: Minnesota 54, North Dakota 10, 
South Dakota 11, Iowa 4, Montana 9, Nebraska 8, Washington 3, Wisconsin 7. 
Following institutions controlled in Montana and Washington: 
Daly Bank & Trust Co., Anaconda, Mont. Northwestern Nat. Bank. Lewistown, 
First Nat. Bank, Dillon, Mont. Mont. 
Great Falls Nat. Bank, Great Falls, First State Bank, Malta, Mont. 
Mont. Bank of Miles City, Mont. 
Jontinental Nat. Bank. Harlowtown, Security Nat. Bank, Cheney, Wash. 
Mont. Spokane & Eastern Trust Co., Spokane; 
Hill County State Bank, Havre, Mont. ‘Wash. 
Union Bank & Trust Co., Helena, Mont. Spokane & Eastern Co., Spokane. Wash. 
NOTE: See banking section for statements of these banks. 
MANAGEMENT: E. W. Decker, Pres. and Chairman Ex. Com.; J. C. Thomson, 
Vice-Pres. & Gen. Mgr.; R. E. Macgregor, Vice-Pres. & Treas.; H. D. Thrall, Vice- 
Pres. & Asst. Treas.: Alex. Highland, Vice-Pres. & Asst. Gen. Mgr.; E. J. Weiser, 
Vice-Pres.; Theodore Wold, Vice-Pres.; Hanford MacNider, Vice-Pres.; David 
Williams, Vice-Pres.: Isaac S. Moore, Vice-Pres.; Clyde E. Brenton, Vice-Pres.; 
Gardner B. Berry, Vice-Pres.; R. O. Kaufman, Vice-Pres.; D. R. West, Secy.; 
Hd. Hallenberg, Chief Examiner; W. E. Brockman, Director Advertising & Pub- 
icity; Robt. F. Mactavish, Asst. Treas.; Wm: N. Johnson, Asst. Secy.; Grant Ww. 
Anderson, Asst. Secy.: Willis D. Wyard, Asst. Secy.; J. W. Groves, Asst. Secy.; 
John Jalong, Asst. Secv.: W. Gordon Hegardt. Asst. Seev.: Michael E. Ryan. 
fombtroller. 
COMMON STOCK .__..... 
CAPITALIZATION, As of Dec. 31, 1929 
Par Value Authorized Qutstanding 
eR) 60.000.000 Shs. 1.606.993 Shs. 
DIVIDENDS: In 1929, $1.80 per share per annum, paid quarterly. 
NUMBER OF STOCKHOLDERS: 11,469 (of which 250 reside in Montana and 
260 in Washington). 
PRICE RANGE: 1929—High, 99: Low, 53.