Thomson's manual of Pacific Northwest finance

Bibliographic data

Monograph

Identifikator:: 1838857176

URN:: urn:nbn:de:zbw-retromon-229226

Document type:: Monograph

Title:: Thomson's manual of Pacific Northwest finance

Place of publication:: Seattle

Publisher:: Thomson's Statistical Service

Year of publication:: 1930

Scope:: XXX, 487 Seiten

Digitisation:: 2022

Collection:: Economics Books

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

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section IV. Lumber and timber companies

Collection:: Economics Books

THOMSON'S MANUAL ANDERSON & MIDDLETON LUMBER COMPANY OF OREGON GENERAL OFFICE: Cottage Grove, Ore. HISTORY: Incorporated under laws of Washington, in 1923. BUSINESS: Owning and operating sawmills, timber lands and logging camps. PROPERTY: Company owns two sawmills at Cottage Grove, Ore, with combined daily capacity of 210,000 feet; 2,643 acres of land and timber owned in fee; tim- ber only on 1,176 acres, located in Lane County, Oregon. Holds cutting contracts on 1,784 acres and contract with the U. 8S. Dept. of Agriculture for timber on 5,900 acres in the Umpqua National Forest, all available to company’s operations. SUBSIDIARIES: Company owns all capital stock and bonds of Oregon, Pacific & Eastern Railway Co., capitalized at $200,250, with $330,361 in first mortgage bonds outstanding on Mar. 31, 1930; operating 20 miles of main line, and 9 miles of secondary track, out of Cottage Grove to company’s timber holdings. OFFICERS: S. M. Middleton, Pres.; W. H. Abel, Vice Pres.; G. E. Anderson, Sec.: H. N. Anderson; Jr., Treas. DIRECTORS: W. H. Abel, G. E. Anderson, Henry N. Anderson, H. N. Anderson, Jr., S. M. Anderson, A. W. Middleton, all of Aberdeen, Wash. RECEIVERSHIP: On Dec. 1, 1929, company defaulted interest on its $630,500 ‘irst mortgage bonds. On Jan. 1, 1930, a bondholders’ protective committee was formed. On Jan. 22, 1930, U. S. District Court at Portland, Ore. appointed Geo. T. Gerlinger as -eceiver, with authority to issue receiver's certificates in payment of current iabilities. PROTECTIVE COMMITTEE: Thomas F. Gleed, Ralph T. King and T. Henry Boyd; address, 222 Pacific Bldg. Portland, Ore. CAPITALIZATION: Par Value Authorized Outstanding Common SOCK coco. ceeeeeeeeeeeaeeamreeeennnen- $100 $1.400.000 $1,400.000 DIVIDENDS: None paid. BALANCE SHEET, As of Oct. 31, 1929 ASSETS LIABILITIES Durable Fir Lbr. CO. cceeeeeeeeeee.d 29,086 Accounts Payable _.............- 3,721 Notes Payable __... 95,000 Payrolls ........c.... 1,116 Taxes Accrued ...... 8,590 ‘nterest Accrued 19,180 Bank Overdraft . 1,610 funded Debt coves 630,500 Capital Stock aceeiiiiiiees 1,400,000 BNTOIUS cern evmmissssmpmmee sven 233.705 TOTAT, I.TARIILITIES . .......$2.430.97& CAS ceceeereee cee meee $ Accounts Receivable _............ Advance to Forest Service........ [nventories omovies 0. P. & E. Ry. Co. Bonds, e™... U. 8S. Gov. Raond- Plants ....... Logging Equicmert Railway Equipmen: Camp Bldgs. etc. Lo Timber Account .... . J84,048 Neferred Accounts 60.133 TOTAL ASSETS oieeeenen2-..$2.430.978 . FUNDED DEBT First Mortgage & Collateral Rate Dated Due Authorized Outstanding Tr. Sink. Fund Gold Bonds.... 6%% 6-1-25 6-1-37 $1,000,000 $630,500 Interest Payable: June and Dec. 1, M on all lumber cut in company’s mills, at trustee's office. other than logs from company’s fee Trustee: Portland Trust & Savings timber. 3ank, Portland, Ore. Security: First mortgage on saw- Sinking Fund: $3 per M on all tim- mills and all timber owned in fee; all ber owned in fee as cut; $1 per M on timber contracts: $300,000 first mort- all contract timber; 50c per M on logs gage bonds and all Common stock of hauled over O. P. & FF. Rv and 50¢c per 0O P & EF. Rv. AIRCRAFT PLYWOOD CORPORATION GENERAL OFFICE: 1319 West Nickerson St. Seattle, Wash. HISTORY: Incorporated under laws of Washington, Julv 1. 1929.. succeeding Gould Lumber Co., incorporated 1910. BUSINESS: Manufacturers of veneer and plywood, primarily for use in aircraft and automobile body manufacturing. Also operate sawmill manufacturing general lumber specifications. PROPERTY AND PLANTS: Company owns 9-acre site on Lake Union canal, in Seattle, on which there is a veneer plant, with daily capacity of 200,000 square feet of veneer and 70,000 feet sliced spruce. Also sawmill, 115.000 feet daily zapacity. SUBSIDIARIES: 519% Washington Veneer Co., Olympia, Wash. acquired in Nov. 1929, MANAGEMENT: J. L. Peters, Pres.; E. C. Metzger, Vice Pres.; J. C. Sams, Sec.- Treas., all of Seattle, Wash. DIRECTORS: Lawrence M. Arnold, A. H. Gould. J. 1. Peters. E. C. Metzger. J. C ams

Access restriction

Copyright

fullscreen: Thomson's manual of Pacific Northwest finance

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation