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

-+MBER AND TIMBER COMPANIES OREGON WHITE CEDAR COMPANY GENERAL OFFICE: Marshfield, Ore. HISTORY: Incorporated under laws of Oregon, 1928. BUSINESS: Conducts logging operations in Coos County, Oregon. PROPERTY: 1,680 acres, cruising 90,313,000 feet merchantable timber, approxi- mately one-third of which is Port Orford white cedar, remainder fir, spruce and hemlock, located in Coos County, Oregon, tributary to Coos Bay. 1. 2 Preferred Stock Common Stock CAPITALIZATION, Ax of Dec. 31, 1929 Par Value Authorized vreenaneeeee $100 $600,000 No Par $606,352 Outstanding $600,000 $606,352 TTNDED DEBT, As of Dec. 31, 1929 Rate Dated Due Authorized Outstanding 6% 10-15-28 10-15-33 $450,000 $450,000 Interest Payable: April and Oct. 15, Sinking Fund: $15 per M for white at office of trustee. cedar, $3 for spruce, $2 for fir, 50c¢ for Trustee: Continental National Bank hemlock, as cut. Trust Co. of Chicago. T S g rs 2 - Registerable: As to principal. ras Matus; Company pays 2% Fed Denominations: $1,000, $500, $100. . j R . Callable: On 30 days’ notice on any Security: First mortgages on timber interest date at par plus 14 % for each and equipment yalued at $1,325,000. unexpired year, but not less than 1% 9% Offered by: Blyth & Co.. Oct., 1928. nor more than 19%. at £100. OREGON LUMBER COMPAM GENERAL OFFICE: Baker, Oregon. HISTORY: Incorporated under laws of Washington, 1889 BUSINESS: Engaged in general lumber business. PROPERTY, Ete.: Company owns in fee approximately 50,000 acres of timber land in Grant and Baker Counties, Oregon, and estimated to carry over 532,445,- 000 feet of pine and 74,850,000 feet of mixed timber, and by 10.000 acres in Hood River County, carrying 259,440.000 feet of Douglas fir and 31,300,000 feet of other timber. Two sawmills at Bates and Dee, Ore.,, and a box factory and finishing plant at Baker, Ore., together with logging railroad, logging equipment and 78% of the Capital stock of Sumpter Valley Railroad, which traverses the com- pany’'s holdings. . Timber appraised in 1925 at $2,460,755. Plants and mills appraised at $1,055,- 054. Logging railroad and equipment, $494,325.51; fixed assets had a total value of $4,010,134.51, without stock of Sumpter Valley Railroad. OFFICERS: J. M. Eccles, Pres.; Dean R. Brimhall, Vice Pres.; W. J. Eccles, Sec.- Treas.; J. G. Titley, Asst. Secy. DIRECTORS: John Inglis, Dean R. Brimhall, W. J, Eccles. Homes G. Eccles. J. M. Eccles. GENERAL AUDITORS: Haskins & Sells. Fiscal Year Ends: Dec. 31. Annual Meeting: 4th Mon. in Feb. Par Value Authorized Capital Stock ..... 3100 $1.000.000 Outstanding £996.600 FUNDED DERT, Ax of Dec. 31, 1929 First Mortgage Sinking ©. Rate Dated Due Authorized Outstanding Fund Gold Bonds.................... 6% 4-1-25 4-1-35 $1,500,000 $805,900 Interest Payable: April and Oct. 1. at Continental Illinois Bank & Trust Co., Chicago, or at Fidelity National Bank & Trust Co., Kansas City, Mo. Trustee: Fidelity National Bank & Trust Co., Kansas City, Mo. Co-trustee: I D. Lacy, New Windsor, N. Y. Registerable: As to principal. Denominations: Coupon, $100, $500, $1,000. Callable: On 30 days’ notice on any interest date at 104 to April 2, 1930: ‘ess 15% each year thereafter. Additional Bonds: May be issued up to 50% of cost of additional property acquired under this mortgage. Sinking Fund: Monthly pavment of £2.50 per 1.000 feet of pine timber and $1.00 per 1,000 feet of all other timber cut to purchase or call bonds at not to exceed redemption price. Tax Status: Company pays normal Federal income tax up to 29%. Secured: By a direct first mortgage on entire property of the company and by a pledge of 789% of outstanding stock of Sumpter Valley Ry. Co. Legal Opinion by: Messrs. Dower- sock & Fizzell. Other Details: Issued to retire in- debtedness. Offered by: Fidelity National Dank % Trust Co. Kansas City, Mo. and l.aev Securities Corp... Chicago. April. 1925. at 100

Access restriction

Copyright

Metadata: Thomson's manual of Pacific Northwest finance

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation