Thomson's manual of Pacific Northwest finance

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Monograph

Identifikator:: 1012150852

URN:: urn:nbn:de:zbw-retromon-27269

Document type:: Monograph

Author:: Obst, Georg http://d-nb.info/gnd/11759296X

Title:: Geld-, Bank- und Börsenwesen

Edition:: 25., verbesserte Auflage

Place of publication:: Stuttgart

Publisher:: C.E. Poeschel Verlag

Year of publication:: 1927

Scope:: 1 Online-Ressource (XV, 521 Seiten)

Digitisation:: 2018

Collection:: Business and Management Classics

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Dritter Teil. Börse und Börsengeschäfte

Collection:: Business and Management Classics

FINANCE OF MUTUAL SYSTEM CORPORATION GENERAL OFFICE: 1200 Second Ave. Seattle, Wash. HISTORY: Organized under laws of Washington, Jan. 29, 1926, as a holding company, to own stock in and control through stock ownership, banks and finance companies. HOLDINGS: By stock-ownership, company holds controlling interest in the fol- lowing: Sound Industrial Loan Co., Seattle, Wn. Oregon Dank & Trust Co. Klamath . . . alls, Ore. Equitable Housing Corp., Seattle, Wn. 4/5 0 0 Building Co., Klamath Falls, Tower Savings Bank, Seattle, Wn. Ore. OFFICERS: N. E. Berry, Pres.; Guy G. Navarre, Vice-Pres., Neita H. McGrath, Secy.; H. E. Howell, Treas. all of Seattle, Wash. TRUSTEES: Frank E. Burns, L. V. Westerman, J. M. Wilwerding, E. L. Skeel, H. E. Seaborn, N. E. Berry, Thad Sweek, U. M. Dickey, E .H. Hatch, M. J. McCann, all of Seattle, Wash. CAPITALIZATION, As of Dec. 31, 1929 ~ Value Authorized *?5 32,000 Shs. Lh 8,000 Shs. 3 Par 150.000 Shs. Outstanding 32,000 Shs. 8,000 Shs. 120,000 Shs. 1. 6% 1st Pref. Cum. StocKk............ 2. 6% 2nd Pref. Cum. Stock............ 3. Common Stock te. G%FIRST PREFERRED CUMULATIVE STOCK. Provisions: Has preference as to 69% passed on either 1st or 2nd preferred, cumulative dividends and full par when respective preferred shares vote value, plus accrued cumulative divi- until delinquent dividends are paid. dends in event of dissolution. Dividends: 69% per annum paid quar- Callable: At par and accrued divi- terly Feb. May, Aug., Nov. 1st. dends after Jan. 1, 1931, on 60 days’ Public Offering by: Calumet Invest- swritten notice. ment Co., Seattle, Wash, Oct., 1929. Voting Power: Non-voting except in Price: $35 per unit. 1 sh. 1st pref. and tase any regular quarterly dividend is 1 sh. common. 3. COMMON STOCK. Provisions: Non-assessable. Full unless preferred dividends become de- _ : : . Sand linquent. participation in all profits and divi- Dividends: 25c¢ per share paid quar- dends after preferred stock receives 6% terly from May 1 to Dec. ln 1928, a n . ft which time stock was split 4 for 1 an cumulative dividends. dividends of 10c¢ per share paid quarter- Voting Power: Full voting power ly Feb. 1. 1929. to date STATEMI'NT MUTUAL SYSTEM CORP. Dec. 31, 1929 “SOURLC LIABILITIES “ash and Excnange Discounts _. Receivables .. Stocks Owned . Yther Resource 199,816 Total Liabilities ........ STATEMENT. S"TUND INDUSTRIAL LOAN CO. Dee. 31. IP RESOURC LIABILITIW Cash and Exchange................... 39,819 Capital Stock ....... REE U. S. Govt. & Other Bonds... 100,382 Surplus, undiv. Prof. & Res... Loans and Discounts.............. ,930,295 Dividend Reserve eens & Fix 76 Bills Payable sven us urn. sesemsnnnsen : Savings Certificates ..... ....... Nther Resources .............. 53.295 8% SAVINES cooiieiieeeeeeeaeiaaanannn Total Resources .....___ ..$2.135.520 Total Liabilities 3 Total Resources "9916 271,580 133,023 12,639 294,508 720,359 702.409 2 125 59° NATIONAL DISCOUNT CORPORATION GENERAL OFFICE: Dexter Horton Bldg., Seattle, Wash. HISTORY: Incorporated under laws of Washington in 1928. BUSINESS: Company deals in conditional sales contracts and manufacturers’ paper in a wholesale way, acting as a rediscount agent for finance companies SUBSIDIARY: Federal Discount Corporation, Vancouver, B. C. OFFICERS: R. Douglas Ball, Pres. and Gen. Mgr.; Reginald H. Parsons, Vice Pres.; Charles E. Horton, Treas.; P. H. Watt, Sec'y. TRUSTEES: Victor H. Elfendahl, Berman Schoenfeld, Gaylord Adams, C. C. Car- penter, John A. Porter, J. H. Ballinger, W. B. Stephens. Frank Cooper. S J Chadwick. WW, T. Dehne. C. P. Jenks

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