Thomson's manual of Pacific Northwest finance

Bibliographic data

Monograph

Identifikator:: 1804651486

URN:: urn:nbn:de:zbw-retromon-193069

Document type:: Monograph

Author:: Lauck, William Jett http://d-nb.info/gnd/173237126

Title:: The new industrial revolution and wages

Place of publication:: New York

Publisher:: Funk & Wagnalls

Year of publication:: 1929

Scope:: ix, 308 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter I. Introduction

Collection:: Economics Books

THOMSON'S MANUAL UTAH POWER & LIGHT COMPANY GENERAL OFFICE: Salt Lake City, Utah. CONTROL: By Electric Power & Light Corp., 2 Rector St.,, New York. HISTORY: Incorporated under laws of Maine, Sept. 6, 1912. BUSINESS: Company, directly or through its subsidiary, supplies electric power and light service in 281 communities, including Salt Lake City and Ogden, Utah (operations in which two cities are conducted in part under long term lease- holds), and many other cities and towns and also to extensive rural districts in Utah, southeastern Idaho, southwestern Wyoming and southwestern Colorado. Company has a number of long term contracts for the sale of large blocks of power. Company serves more than 109,600 electric customers. PROPERTY: Company owns all securities (first mortgage bonds and capital stock) of the Western Colorado Power Co. and all capital stock (except directors’ shares) of the Utah Light and Traction Co. Electric power and light properties of the latter are operated, under a 99-year lease (from Jan. 1, 1915), by Utah Power & Light Co. which, together with The Western Colorado Power Com- pany, now operates generating plants having a total installed capacity of 237,117 k.w., of which 198,327 k.w. is hydro-electric. The present transmission and dis- tribution systems owned and leased by the company, together with those of Western Colorado Power Co., total 5,462 miles. SUBSIDIARIES: Utah Light & Traction Co., Western Colorado Power Co. OFFICERS: G. M. Gadsby, Pres. and Gen. Mgr.; John F. MacLane, Vice Pres. & Gen. Counsel; S. R. Inch, Vice Pres.; D. F. McGee, Vice Pres.; E. W, Hill, Vice Pres.; George B. Thomas, Vice Pres. & Sec’y; P. M. Parry, Vice Pres. & Commer- cial Mgr.; E. P. Summerson, Asst. Sec’y; H. L. Martin, Asst. Sec’'y; R. H. Jones, Treas. & Asst. Sec'y; J. W. Twelves, Asst. Treas.: A. C. Ray, Asst. Treas.; G. J Hickman, Asst. Treas. DIRECTORS Lafayette Hanchett, Salt Lake City. Herbert S. Auerbach, Salt Lake Cit A. P. Bigelow, Ogden, Utah. C. P. Castle, Salt Lake City. L. H. Farnsworth, Salt Lake Cit; Joseph T. Farrer, Provo, Utah. J. W. Funk, Richmond, Utah. G&. M. Gadsby, Salt Lake City. OC BE. Groesbeck. New York. Charles Hayden, New York. John C. Howard, Salt Lake City. S. R. Inch, New York. Stephen H. Love, Salt Lake City. S. Z. Mitchell, New York. C. W. Nibley, Salt Lake City . C. H. Solier, Evanston, Wyo. ¢ CC. Wright. Idaho Falls, Idaho. FAPYTALIZATION, As of Dec. 31, 1929 Par Value Authorized Outstanding $7 Preferred SOCK. nnaeeaecasnmeenemaeane) OD PAT 300,000 shs 210,564 shs $6 Preferred SLOCK aaaeecemresennammeeenesl 1 O PAT 210,000 shs 34,491 shs Common StOCK eeeeeeeeaccaenmemeee -NO Par 3.000.000 shs 3.000.000 shs L. %. 3 1. $7 PREFERRED STOCK Provisions: Has equal preference Ex-Dividend Date: Mar. June, Sept. with $6 Preferred stock as to assets and Dec. 5. and dividends. In liquidation entitled Transfer Agent: Guaranty Trust Co. ro $100 per share and dividends. New York, and Utah Savings & Trust _Callable: At $115 per share on any Co., Salt Lake City. dividend date on 30 days’ notice. Registrar: Bankers Trust Co. New Convertible: No. York, and Tracy Loan & Trust Co. Voting Power: Non-voting. Salt Lake City. Hava " Divi : i . Public Offering by: ayden, Stone sm ey & Co. and Electric Bond and Share Co.. dividend paid Aug. 31, 1913. and regu- 1926, at 101. I1arlv thereafter to date Number of Stockholders: 8.700. 2, CUMULATIVE $6 Provisions: Has equal preference with $7 Preferred stock as to assets and dividends. In liquidation entitled to $100 per share and accrued divi- dends. Callable: At $110 per share on any dividend date on 30 days’ notice upon vote of majority of Common stock. Tax Status: Company pays normal Federal income tax up to 2%. Dividends: Jan., Apr.. July, Oct. 1, PREFERRED STOCK initial dividend July 1, 1927, since con- tinued quarterly.- Ex-Dividend Date: Mar. June, Sept.. Dec. 5. Transfer Agent: Guaranty Trust Co., New York; Utah Savings & Loan, Salt Lake City. Registrar: Bankers Trust Co., New York, and Tracy Loan & Trust Co. Salt Lake City . Public Offering by: Ross, Beason & Co., Salt Lake City, June, 1927. Number of Stockholders: 1.900.

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