1 
ANCL 
as 
PACIFIC STATES SECURITIES CORPORATION 
GENERAL OFFICE: 108 So. 9th St.,, Tacoma, Wash. 
HISTORY: Incorporated under laws of Washington, Oct., 1920 
BUSINESS: Discounting installment sales contracts. 
OFFICERS: Earl C. Heinly, Pres.; W. G. Heinly, Vice Pres.; E. B. Peterson, Sec.; 
L. G. Raynor, Treas. 
DIRECTORS: Earl C. Heinly, W. G. Heinly and E. B. Peterson, Tacoma, Wash.; 
L. G. Raynor, Seattle, Wash.; A. R. Johnson, Walla Walla, Wash. 
DEPOSITORY: National Bank of Tacoma. 
GENERAL COUNSEL: W. G. Heinly, Tacoma, Wash. 
GENERAL AUDITORS: J. J. Dougherty, Tacoma, Wash. 
Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Tues. in Jan. 
CAPITALIZATION 
Cer Value Authorized 
100 $500,000 
$10 £150,000 
i. 8% PrIrrI'.’ERRED SHARES 
Provisions: Preferred as to $100 per ment of two successive semi-annual 
share in event of liquidation, and as to dividends, otherwise no vote. 
2 viaands. Fully paid and non-assess- Dividends: 8% per annum paid semi- 
: . , Eoeyt annually Jan. and July 1, on all stock 
Mt a any dividend i standing since company organized. 
Voting Power: In case of non-pay- Number of Stockholders: 950. 
2. COMMON STOCK 
Voting Power: Full voting power Dividends: 80c per share, per an- 
with common shares except in event o : i 
semi-annual dividends are passed on hum, paid semi annually to Dec. 31 
preferred stock 1927. None since. 
"NANCIAL STATEMENT, As of May 31, 1929 
ry LIABILITIE~ 
Accounts Payable 
Notes Payable .. 
Subscription Installm:ac. 
Dividends Payable, Preferred... 
[Income Tax ............ -- 
Serial Notes Payable... 
[(nterest on Serial Notes....... 
’referred Stock . 
Common Stock ....... 
‘nearned Discount 
Donated Surplus _.. 
individed Profits .... 
TOTAL LIABRILITIE 
643 
29,000 
699 
874 
1,898 
3,600 
1,609 
86,900 
29,460 
"0,613 
14,254 
23.459 
ceeenn.$3508.913 
PORTLAND INDUSTRIES FINANCING SERVICH 
GENERAL OFFICE: Pacific Building, Portland, Ore. 
HISTORY: Incorporated under the laws of Oregon, Oct. 1, 1925. Original organ- 
ization sponsored by Industries Committee of Portland Chamber of Commerce. 
Company has been operating since 1926 as a strictly private corporation. 
BUSINESS: Advancing funds to manufacturing enterprises located in Portland 
or vicinity, either in the form of secured or unsecured loans or purchase of pre- 
ferred stock with occasional purchase of common stock. 
OFFICERS: J. C. Ainsworth, Pres.; L. T. Merwin, Vice Pres.: Lyman Griswold. 
Vice Pres.; Arthur A. Goldsmith, Sec.-Treas., all of Portland, Ore. 
DIRECTORS: J. C. Ainsworth, Henry F. Cabell, W. S. Babson, Roy T. Bishop, 
Franklin T. Griffith, John Parker, Lybrand Griswold, Joseph Gerber, Max 8S. 
Hirsch, Wm. Ross, Aaron Holtz, Frederick H. Strong, Harry C. Kendall, Nathan 
Strauss, F. N. Martin, Raymond Wilcox, L. T. Merwin, S. R. Winch, Lee Schles- 
singer, Wm. F. Woodward, all of Portland, Ore. 
GENERAL COUNSEL: Arthur A. Goldsmith, Pacific Bldg., Portland, Ore. 
GENERAL AUDITORS: Lybrand, Ross Bros. & Montgomery, Portland, Ore. 
Fiscal Year Fnds: Dec. 31. Annual Meeting: 2nd Mon. in Jan 
CAPITALIZATION 
Par Value Authorize. 
Common Stock rere creeeneeemeenneeeeeeneeneneee $10.00 350.000 she 
Common Stock paid for but not issued... 
_ Provisions: Usual statutory provi- 
sions. Full voting power and entitled 
to full earnings. 
Dividends: None vet declared. 
Cash ........ ceeeeeeew 1,020 
Accounts Receival + ._.. ............ 253 
Notes Receivable & nv. ............ 362,424 
Furniture and Fixtures................ 995 
Subscriptions for Com. St........... 95,220 
Bonus Stock ... eee. 49.000 
Outstanding 
$35,570 
. 88.095 
Offered: Under sponsorship of In- 
dustries Committee of Portland Cham- 
ber of Commerce, Oct., 1925 at par. 
Number of Stockholders. About 100.