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 VII. Finance

Collection:: Economics Books

278 THOMSON'S MANUAL BAILLARGEON WINSLOW INVESTMENT CORPORATION GENERAL OFFICE: 801 Second Ave, Seattle, Wash. BRANCH OFFICE: Washington Bldg. Tacoma, Wash. HISTORY: Incorporated under laws of Washington, Oct. ,1928. BUSINESS: An investment trust of general management type. MANAGEMENT: Vested with Baillargeon, Winslow & Co., who receive 15% of net earnings after payment of $4.32 per share on Participating Preference Stock. Managers agree to sell no securities to Corporation at profit to themselves. OFFICERS: K. Winslow, Jr. Pres.; Cebert Baillargeon, Vice Pres.; Henry E Schaefer, Secy. DIRECTORS: C. T. Donworth, Cebert Baillargeon, A. G. Pringle, K. Winslow, Jr GENERAL AUDITORS: Haskins & Sells. Seattle, Wash. Fiscal Year Ends: Dec. 31. CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized Outstanding Participating Preference Stock... No Par 20,000 shs 7,989 shs Common Stock eo inane No Par 20,000 shs 8.401 she i. prmrrIe CATING PREFERENCE STOCK Provisions: Takes preference over Common. Common Stock as to cumulative divi- Dividends: Regular $4.32 per annum dends of $4.32 per share per annum. paid quarterly Jan. Apr., July, Oct. 15, After Common receives $1.08, further since Jan. 15, 1929. Extra $1.08 per carnings disbursed one-third to Prefer- share paid Oct. 15, 1929. ence Stock and two-thirds to Common. Rights: On Apr. 13, 1929, stockhold- In liquidation Preference entitled to $80 ers offered rights to subscribe to units per share, and after Common receives of one share Preference and 2 share $25, remaining assets distributed one- Common at $84 per unit, basis one new third to Preference and two-thirds to unit for each 2 held. INCOME STATEMENT. Year Ending Dee. 31, 1929 Gross INCOME iremmmereecoomennnanaenane eee $117,921 Management Fees and Taxes........... eee 27,190 Premiums on Sale of Stock, elC. rr iiriiciramenimerrrrncaneees eeeeeaeneneee 20,086 Dividends on Preference SOCK. i ccooioommmesiesmirin oo ommnssesas trans rensssssrnssssnne 34,446 SURPLUS FOR YEAR. ccciies ccoeremrmcomrmscressnssansnanns cms oosennas eases en 76.371 BALANCE “77 7™T As of Dec. 31, 1929 ASSETS LIABILITIES Management Fees Pavable........$3 3,636 Reserve for TaXeS. ..ooaoecueennnaes 13,565 Dividends Payable .orcmcinenas 8,628 Preferred Stock imines 575,208 Common StOCK ceimmiemceeemnaees 151,218 Surp. & Undiv. Profits..cccceeeeee 79.907 TOTAL LIABILITIES ..ccooooo.....$831.162 TOTAL, ASSETS in. $831,162 BARRON RESERVE CORPORATION GENERAL OFFICE: 1100 Third Ave, Seattle, Wash. HISTORY: Incorporated under laws of Washington, April 13, 1929, succeeding to the assets of the Barron-Thomson Corporation. BUSINESS: Mortgage, loan and bond business; loaning company’s own funds and funds of other corporations, companies and individuals. DFFICERS: Carl E. Barron, Pres: T. P. Barron. Vice Pres.; Harrv W. Thomson Secretary. GENERAL AUDITORS: Louis E. Smith & Co., Seattle. Fiscal Year Ends: Dec. 31. Annual Meeting: 1st Wed. in Jan. CAPITALIZATION: Par Value Authorized Outstanding 1. Preferred Stock “A erie $25 40,000 shs 20,000 sss 5 Common StoCK .eeoorreeeeeeeeeennn-NO PAT 90,000 shs 60,000 shs April, 1929, 50,000 shares of Common stock issued in payment for assets of Barron -ThomsonCorporation. 1. PREFERRED STOCK, SERIES A Provisions: Cumulative as to divi- Voting Power: Non-voting unless dends and entitled to $25 per share and dividends become 2 years in arrears, in accumulated dividends, in event of which event Preferred stock votes liquidation. Other Preferred stock may share for share with Common stock be issued in series, rate of dividend and until delinquent dividends are paid. par value of each series to be deter- Public Offering: By the company, in mined by board of directors at time of April, 1929, 20,000 shares, $25 par value, issue. Preferred, and 10,000 shares, no par Callable: As whole or in part on any Sommon, in uits of 4 shares of Pre- dividend date, by lot, at $27.50 plus ac- ferred and 2 shares of Common atfg20 ~rued accumulative dividends per unit.

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