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

180 THOMSON'S MANUAL CONSOLIDATED CREDIT CORPORATION GENERAL OFFICE: 1103 Bedell Bldg. Portland, Ore. HISTORY: Organized during 1929 to consolidate assets, ownership and operation of group of small loan concerns having offices in various cities in Pacific North- west; to extend further grouping of such concerns and to establish additional loan offices as rapidly and over as far reaching territory as conditions warrant. BUSINESS: Company and subsidiaries operate under uniform loan laws in vari- ous states where the loans are made. Operation is under supervision of State Banking department in each state. No loans made in excess of $300, average loan being approximately $125. Interest on monthly balances is charged, as provided for under the Uniform Small Loan Laws. SUBSIDIARIES: Consolidated Credit Co. of Oregon, Consolidated Finance Co. of Wash., Northwestern Finance Co. Also owns interests in other loan companies. OFFICERS: C. H. Farrington, Chairman, Portland, Ore.: Bennett Baldy, Pres. Portland; R. E. Vester, Sec. & Treas, Portland. DIRECTORS: C. H. Farrington, Bennett Baldy, R. E. Vester, W. 8. Kirkpatrick. V. Lyle McCroskey. All of Portland, Ore. GENERAL COUNSEL: V. Lyle McCroskey, Portland, Ore. GENERAL AUDITORS: Sawtell Withington & Jacob, Portland, Ore. Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Tues. in Jan. CAPITALIZATION, As of Mar. 31, 1930 Par Value Authorized Outstanding 1. Preferred StOCK eeciocoiiemcemancaancaenas $10.00 600,000 Shs. 28,490 Shs. 2. Class A Com. StocK........cccceeccceeereane. NO Par 900,000 Shs. 124,745 Shs. 2 Class B Com. StocK...o. ccceveeeeeeee--eee. NO Par 100.000 Shs. 100,000Shs. BALANCE SHEET, As of March 31, 1930 LIABILITIES Accounts Payable .oeoreereeaen$ 752 Pref. STOCK woeeeeecceeeeevnecnnmeenmeeneeee 284,899 Class A, Com. Stocko.oeiiricenees 374,234 Class B, Com. StocKe..oiimiiincees 50,000 Stock Subscriptions .......cceeccec.. 125,658 Surplus ...... eee eeaanaaaene 27,674 Total Liabilities .oooooeeeeeeecneeen...$863.217 AQQERYITS CAIN eremiimisssssmuzsnnsss een 17,774 Corporation Bonds .. .. een an 3,000 Notes Receivable weeecceecaieee .. -89.016 Accounts Receivable, from - filiated Companies ......oceceeee 22,900 Conditional Sales Contracts... 24,573 Stocks in Affiliated Companies... 441,450 NDther Assets .. eeaaenneee 04,749 EQUA CG Total Assets . COMMONWEALTH CORPORATION OF OREGON GENERAL OFFICE: Corbett Bldg., Portland, Ore. HISTORY: Incorporated under laws of Delaware, Dec., 1929. BUSINESS: A holding company, owning and controlling the following: Commonwealth Trust & Title Co., a consolidation of Strong & MacNaughton Trust Co., City Mortgage Co., and Union Abstract Co., all of Portland, Ore. Commonwealth Securities Corp. formerly the business of Wm. H. Hemphil} & Co., security dealers, Portland, Ore. Commonwealth Realty Corp., formed in 1930 to acquire lot 100 ft. by 150 ft., at S.W. corner Sixth and Stark Streets, Portland, Ore., on which a 25-story steel and concrete office building will .be erected. Work starting Aug. 1, 1930. Total investment to be $2,900,000. Equitable Savings & Loan Assn, Portland. Ore.. established in 1830. Total resources, $13,000,000. DFFICERS AND DIRECTORS: R. H. Strong, Pres.; H. M. Hawkins, Vice-Pres. & Treas.: A. A. Hampson, Secy.; W. H. Hemphill, A. R. Watzek, S. R. ‘Winch, H. L. Corbett, R. M. Cake, A. D. Norris, D. C. O’'Rielly, W. S. Walton (Salem, Ore.), Cameron Squires, Horace Mecklem, E. C. Sammons, Edward Neudstater, Amadee Smith, G. F. Peek, A. C. Cammack, K. D. Dawson (all also directors of Common- wealth Trust & Title Co.) GENERAL COUNSEL: Dey, Hampson & Nelson, Portland, Ore. GENERAL AUDITORS: Lybrand Ross Bros. & Montgomery. Fiseal Year Ends: Dec. 31. Annual Meetinz: January. CAPITALIZATION, As of May 1, 1930 Par Value Authorized Outstanding eeeeeeecenecs-amee NO Par 100,000 Shs. 70,000 Shs Transfer Agent: Commonwealth Securities Co., Jan. 1930, at $25 pe’ Mrrust & Title Co., Portland, Ore. share. Public Offering by: Commonwealth Number of Stockholders: 110. Common Stock au...

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