Thomson's manual of Pacific Northwest finance

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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

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section VII. Finance

Collection:: Economics Books

Date 7-25-28 10-20-28 1-10-29 2-15-29 5-15-29 7-15-29 10-30-29 FINANCE 3507 PARTICIPATING PREFERENCE STOCK CHRONOLOGY Shares Price Basis of Offering 41,681 oe To stockholders of other corporations in United Group. 25 nce Exchanged 1% shares for each Common share of United Bond & Share Corp. and United Pacific Corp. To stockholders, 1 new share for each 2 held. : To stockholders, 3 new shares for each 10 held. Stockholders, in return for $1.50 per share, waived rights to this 150,000 shares, 75,000 of which were sold to United Founders Corp., New York, and 75,000 to the public. To stockholders, 1 new share for each 3 held. To stockholders, 1 new share for each {1 held. DETAILS OF STOCK 1. PARTICIPATING PREFERENCE STOCK Provisions: Has priority as to non- cumulative dividends up to $1 per share per annum, after which Common stock is entitled to $1 per share per annum. Further dividends divided equally between both classes, share for share. In liquidation, has priority up to $25 per share, after which Common stock is entitled to $25 per share; fur- ther assets to be distributed equally, share for share, between both classes. Voting Power: Non-voting except when dividends have been earned two successive vears and not paid. Dividends: Nov. 1, 1928, initial divi- dend of 25c¢ per share, plus extra 15¢; Feb. 1, 1929, 35¢; Apr. 1, 1929, 40c; May 25. 1929, 60c: Aug. 31. 1929 40c* Nov. 30, 1929, 40c; Dec. 20, 1929, 25c:; Mar. 1, 1930, 40c. In May, 1930, company an- aounced stockholders would have op- tion of 6% in stock in lieu of regular cash dividend of $1.60 annually. Transfer Agent: Pacific National Bank, Seattle, and Central Hanover 3ank & Trust Co., New York. Registrar: Pacific National Dank, Seattle, and Equitable Trust Co., New York. Number of Stockholders: June 30 1930, 3,162. Listed on: Price Rane High Low .... *To June 2. COMMON STOCK Ownership: Of the original issue of 30,000 shares, 21, 482 shares were ac- quired by the principals of Drumheller, Ehrlichman & White. On June 30, 1930, United Founders Corp. owned 10,754 shares. Voting Power: Has sole voting pow- er, except when dividends on Prefer- ence stock have been earned but not paid for two successive vears. Dividends: April 1, 1929, $1; May 25, 1929, 60c; Dec. 20. 1929, $1.05; Mar. 1, 1930, 40c. Transfer Agent: Pacific Nat. Bank, Seattle; Central Hanover Bank & Trust Co., New York. Registrar: Pacific Nat. Bank, Seat- tle: Equitable Trust Co. New Yorl. I'NITED PACIFIC BOND AND SHARE CORPORATION GENERAL OFFICE: 800 Second Ave, Seattle, Wash. CONTROL: United National Corporation owns all but directors’ qualifying shares. HISTORY: Incorporated under laws of Washington, 1930, as a consolidation of United Bond Share Corp. (Nov. 1925), United Pacific Corp. (Jan. 16, 1928), and United Diversified Securities Corp. (Jan. 13, 1927). BUSINESS: An investment trust of general management type. OFFICERS: R. M. Drumheller, Chairman; Ben B. Ehrlichman, Pres.; W. H. White, Vice Pres.; R. I. Ehrlichman, Vice Pres.; Odd O. Young, Vice Pres.; L. C. Barton, Sec’y-Treas.; R. F. Hewitt, Asst. Sec'y-Treas. TRUSTEES: R. M. Drumheller. Ben B. Erhlichman. W, H. White. R. I. Ehrlich- man. Odd O. Young. CAPITALIZATION, As of June 30, 1930 Par Value Authorized $20 2900 000 shs Outstanding 192.967 shs

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