SECTION V. PULP AND PAPER COMPANIES Including operating pulp and paper companies in the Pacific Northwest whose securities are in the hands of the public. BRITISH COLUMBIA PULP & PAPER (CO. Ltd. GENERAL OFFICE: 602 Hastings St.,, Vancouver, B. C. MILL OFFICE: Port Alice, B. C. HISTORY: Incorporated under laws of Canada, Dec. 24, 1925, to acquire the as- sets and properties of the Whalen Pulp & Paper Mills, Ltd., at a forced sale. The latter was formed in 1917 and acquired British Columbia Sulphite Fibre Co. IL.td., Empire Pulp & Paper Mills, Ltd.,, and Colonial Lumber & Paper Mills, Ltd. BUSINESS: Manufactures pulp which it markets for book, writing and other papers in the United States .and other countries. PROPERTY: Company owns and operates a bleached sulphite plant at Wood- fibre, B. C., with a daily capacity of about 110 tons, and a sulphite pulp mill at Port Alice, B. C,, having a capacity of about 100 tons per day. Controls approx- imately 155,000 acres of leasehold timber lands, estimated to contain about 6,000 - 000 feet of timber. Company also owns a lumber, shingle and pulp mill at Swan- son Bay, with a capacity of 40 tons per day. OFFICERS: Lawrence Killam, Pres.; W. J. 3B. Wilson, Vice 7 son, Treas.; Ethel M. Dominy, Secy. George Kidd, W. H, Malkin. R. C. Buchanan, O. A. Jor= nsec B. C.; I. W. Killam, Victor E. Mitchell, of Montreal GENERAL AUDITORS: Price, Waterhouse & Co. Fiscal Year Ends: Dec. 31. Annual Meeting: Last Thurs CAPITALIZATION, As of Dec. 31, 19% Par Value Authorized 7% Cum. Red. Pref. Stock..cccceeeeeeeee... $100 $1,000,000 Common Stock veecveeeneeaeeoNO Par 150,000 shs Qutstanding $556,200 100.000 shs i. 7% CUMULATIVE REDEEMABLIE PREFERENCE STOCK Dividends: Payable quarterly Feb. 1, Montreal & Vancouver. ete. Initial dividend paid Feb. 1, 1927, Registrar: (Canadian Trust Co., Mon- of $8.75, covering 15 months’ accrued treal, and Roval Bank of Canada. VVan- and $1.75 paid quarterly thereafter to couver. March, 1930. Listed: Traded on Toronto Stock Ex- Transfer Agent: Montreal Trust Co., change. 2. COMMON STOCK Dividends: None paid 1930. Listed: Traded on Toronto Stock Ex- change. COMPARATIVE INCOME STATEMENT, Years Ending Dee. 3 Net Operating Earnings....... Depreciation and Taxes. no 102¢€ 03 29, 4 Net Earnings Interest on Bonds Net Profit ........................ Preferred Dividends Surplus for the vear....................ocoooiiii. Earned, per share Preferred Stock................ Earned, per share Common Stock. ~ - 4 N36 x. 62 no