INDUSTR(" 
SUBSIDIARIES: Baker River Power, Light and Water Co. which supplies 2% 
of the company’s power requirements, with additional undeveloped water power 
sufficient to more than supply the total requirements. 
DFFICERS: E. P. Lucas, Pres.; C. N. Reitze, Vice Pres. & Gen. Mgr.: G. E. Dick- 
inson, Vice Pres. & Sec'y.; C. L. Wagner, Vice Pres.; Gordon Tongue, Treas & 
Sales Mgr. 
DIRECTORS: M. A. Arnold, R. V. Ankeny, H. Goetz, J. J. Murphy, J. H. Kane, 
J. A. Swalwell, H. G. Reed, T. B. Eastland, N. R. Tucker, E. P. Ross, C. N. Reitze, 
G. E. Dickinson, C. L. Wagner, Gordon Tongue. 
GENERAL COUNSEL: Stratton & Kane, Seattle, Wash. 
GENERAL AUDITORS: Smith, Robertson & Co. Seattle, Wash 
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Mon. in Jan. 
Number of Employees: 150. 
CAPITALIZATION, As of Dec. 31, 1929 
Par Value 
reemceneeenneaee-NO Par 
No Par 
1. Class A Part. Stock. 
2. Class B Stock 
Authorized 
100,000 shs 
100.000 shs 
Outstanding 
76,733 shs 
100.000 shs 
1. CLASS A PARTICIPATING STOCK 
Provisions: Preferred as to dividends 
up to 27%c per share per month, cu- 
mulative from Dec. 1, 1925, and up to 
350 a share in liquidation. After pre- 
ferred dividends have been paid on 
Class A, dividends not exceeding $1.50 
per year may be paid on Class B, after 
which both classes participate equally 
‘in further distribution of earnings. 
Restrietions: No mortgage, lien or 
nther incumbrance may be created or 
bonds or notes issued (excepting pur- 
chase money obligations) having ma- 
turity longer than one year, except 
with consent of majority of outstand- 
ing Class A stock. 
Callable: At $60 and accrued divi- 
dends upon 60 days’ notice, either all 
ur in part. 
Convertible: Share for share into 
Class B at any time, up to date an- 
nounced for redemption. 
Voting Power: If 12 monthly divi- 
dends are passed, Class A assumes full 
voting rights, continuing until divi- 
dends are brought up to date. 
Dividends: 271%c¢ per share paid on 
he first of each month since Jan. 1, 
1926. 
Ex-Dividend Date: 23rd of each 
month. 
Transfer Agent: Company's office. 
Registrar: First Seattle Dexter Hor- 
ton National Bank, Seattle, Wash. 
Legal Opinion by: Peters & Powell, 
Seattle, Wash. 
Public Offering by: Bond, Goodwin 
& Tucker, Dec. 1925, at $45. 
Number of Stockholders: 925. 
Listed on: Seattle Stock Exchange 
and San Francisco Curb Exchange. 
Price Range: 
192¢ 1922 
High ............. PL 
LOW vrei 
2. CLASS B STOCK 
Convertible: Share for share into Ex-Dividend Date: 
Class A. and Dec. 15. 
Dividends: $1 per annum paid quar- Transfer Agent: Offices of company. 
terly, Mar, June, Sept. and Dec. 20 Registrar: First Seattle Dexter Hor- 
since Sept.. 1926 ton National Bank. 
COMPARATIVE BALANCE SHEET, Ax of Dec. 31 
‘a9 
£04,214 
*13,772 
"R103 
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™ 
ASSETS— 
Land, Buildings and Eauipment............._. 
Investments .........__.. 
Deferred Charges ......... 
Current Assets: 
CASH ieee eee eee 
Notes and Accounts Rereivahla 
Inventories ........ 
Total Current Assets.......... eee enee ean eaaann 
TOTAL ASSETS ooo 
LTABILITIES— 
Capital and Surplur 
Reserves ................ 
Current Liabilities: 
Accounts and Notes Pavahla 
Accrued Payrolls 
Tax Reserve 
rc 
20 
Ler 
253 
290 
£580 
374 
52,004 
22,695 
9? 314 
9 
Total Current Liabilities ..................coooooi 
TOTAL LIABILITIES 
Net Working Capital 
0 
Gly WF 
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