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

288 THOMSON'S MANUAL FIRST SEATTLE DEXTER HORTON SECURITIES CORPORATION GENERAL OFFICE: Second Ave. at Columbia St., Seattle, Wash. BRANCH OFFICES: Seaboard Branch, Fourth and Pike, Seattle; Metropolitan Branch, Third and Union, Seattle: also branches at Ballard and Walla Walla, Washington. HISTORY: Incorporated under laws of Delaware, Sept. 19, 1929. Organized in connection with consolidation of Dexter Horton National Bank, First National Bank, Seattle National Bank, as the *First Seattle Dexter Horton National Bank, for the purpose of holding stocks of affiliated banks and also serving as an in- vestment subsidiary. of the consolidated institution. BUSINESS: Retail and wholesale distribution of securities. Participating in security syndicates, etc. SUBSIDIARIES: Holds all but directors’ qualifying shares of the following in- stitutions: *Metropolitan National Bank, *First Security Bank, Dexter Horton Sous Bank, First Greenwood National Bank, First Canal Bank. all in Seattle, ash. *For financial statement see Banking section of this manual. OFFICERS: W. H. Parsons, Chairman; M. A. Arnold, Pres.; Lawrence M. Arnold, First Vice Pres.; George E. Maine, Vice Pres.; H. S. Grande, Vice Pres.; Thomas F. Gleed, Vice Pres.; Park Cassel, Secy.; Morton Baker, Treas. DIRECTORS: W. C. Butler, Mark Reed, F .H. Brownell, L. C. Henry, W. H. Par- sons, M. A. Arnold, L. M. Arnold. Hugh G. M. Kelleher, J. W. Spangler, D. E. Fred- erick, O. D. Fisher. Fiscal Year Ends: Dec. 31. Number of Employes: 40. CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized Outstanding . $100 20,000 shs 15,000 shs No par 400.000 shs $2.000.000 1. 69% Cum. Pref. Stock........... 2. Common Stock .. 1. 6% CUMULATIVE PREFERRED STOCK ' Provisions: Preferred over common per annum paid quarterly, Jan. Apr. stock oy to 6% Zana) Svidengs and as July and Oct. 1st. to assets in event o iguidation. . Callable: At par and accrued inter- Aa He Otfering by: The Company est on 60 days’ notice. ” ’ : Dividends: Beginning Jan. 1, 1930. 6% Number of Stockholders: 650. 2. COMMON STOCK Ownership: All owned by _stock- Paid In Equity: Original 400,000 holders of First Seattle Dexter Horton cas National Bank, each share of bank shares were paid in at $5 per share. stock carrying with it a share of Se- » curities stock, which cannot be sold Voting Power: Common stock ha separatelv sole voting power. FIRST SEATTLE DEXTER HORTON GROUP CONSOLIDATED STATEMENT OF RESOURCES, As of Dec. 31. 1929 - Surp. and Capital TUndiv. Profits Deposits Total Resources 1st Seattle Dexter Horton........$8,000,000 $2.02A.641 $78,328,402 $ 93,815,759 Metropolitan Nat. Bank........... 5CC n00 coe 10,655,257 11,669,423 1st Greenwood Nat. Bank... . n¢ 604,822 639,256 First Security Bank... ‘ £89,170 1,861,814 Dexter Horton State Bank... ~1 B85 892,182 First Canal BanK..oeeeeeeen. 0 627,157 First Rainier Valley Bank... 2 472.177 r TOTAL _....... CC T$2.810.000 «wo 4 hy (Hh HX 202.029.9921 e100 978.771 GUARANTY TRUST COMPANY GENERAL OFFICE: 172 Broadway, Portland, Ore. BRANCH OFFICES: Salem, Marshfield, Coquille, LaGrande, Eugene. North Bend. Silverton and Klamath Falls, Ore.; Anchorage, Alaska. HISTORY: Incorporated under laws of Oregon August 19, 1912, under name Ore- gon Bond and Mortgage Co. Name changed 1924. BUSINESS: Company issues first mortgage bonds, secured by first mortgages on improved real estate in Oregon. Also operates general insurance and prop- erty management departments. SUBSIDIARIES: National Investment Corp. incorporated under Oregon laws April 28, 1927; holds title to all company’s real estate. OFFICERS: A. J. Perkins, Pres.; J. S. Magladry, Vice Pres.; L. R. Holmes. Ser Treas.

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