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 VIII. Industrials

Collection:: Economics Books

THOMSON'S MANUAL BUCKERFIELD'S, LIMITED GENERAL OFFICE: Vancouver, B. C. BRANCH OFFICES: Retail branches have been operated at South Vancouver, Burnaby, Abbotsford and Chilliwack. HISTORY: Incorporated under laws of Canada, April, 1928. The business now conducted under the name of Buckerfield’s Limited commenced in 1919 as a part- nership , Vernon & Buckerfield. The firm was incorporated under the British Columbia Companies Act in 1925 as Vernon & Buckerfield Limited and the name of this company was changed to the present style in April, 1928. The present company of the same name has been incorporated under the Dominion Com- panies Act to acquire the entire assets and business of the provincial company. BUSINESS: The Company conducts a seed business, wholewheat flour manufac- ;uring plant, and is engaged in the manufacture and wholesale and retail dis- tribution of poultry and dairy feeds, wholesale hay and grain business and the marketing of by-products from the terminal elevators in Vancouver. PROPERTY: Company has plant on the waterfront at Vancouver, B. C., es- pecially designed, with modern machinery for handling the business. Also has dock for coastwise shipping and can build deep-sea dock when required. Prop- arty on which plant is located is all under lease, expiring in 1947. SUBSIDIARIES: Westminster Grain Co., at New Westminster, B. C. OFFICERS: E. Ernest Buckerfield, Pres.; J. P. D. Malkin, Vice Pres. DIRECTORS: E. Ernest Buckerfield, J. P. D. Malkin, Gordon Farrell, R. H. Tup- per, Blake M. Wilson, Stanley Burke. GENERAL AUDITORS: Helliwell, Maclachlan & Co. Fiscal Year Ends: Dec. 31. CAPITALIZATION: Par Value t. 7% Preferred StocK....oeiiiieins $100 2. Common Stock ooo. weeeeee.oNoO Par Outstanding $270,000 10.000 shs FUNDED DEBT First Mortgage Sinking Rate Dated Due Authorized Qutstanding Fund Gold Bonds................ 6% 2-1-29 2-1-49 $500,000 $250,000 Interest Payable: Feb. and July 1, at the Imperial Bank of Canada, Victoria nr Vancouver, B. C., or Winnipeg, Man. Trustee: Montreal Trust Co. Registerable: As to principal. Denominations: $1,000 and $500. Callable: At option of company in whole or in part on any interest date >n 30 days’ notice at 104 and accrued interest to Feb. 1, 1934; at 103 from Feb. 1, 1934, to Feb. 1, 1939; at 102 from Feb. 1, 1939, to Feb. 1, 1944, and at 101 ‘rom Feb. 1, 1944, until maturity. Remaining $250,000 of bonds may be issued in the discretion of directors, to the extent of 609% of cost or appraised value, whichever may be less, of addi- tional property to be defined in the trust deed; and then only if average annual net earnings for two years im- mediately preceding date of issue of such additional bonds shall have been not less than three times annual inter- saat charges on all the first mortgage syonds of the company to be outstand- ng after proposed additional issue. Sinking Fund: An annual sinking ‘und amounting to $7,194.85, the first leposit to be made on Feb. 1, 1930. This (eposit with compound interest is suf- jcient to retire the bonds of Series A yy maturity. Sinking fund will be 1sed either for the purchase of these onds on the open market, at or below he redemption price, or for the re- lemption of bonds of Series A to be »alled bv lot at the redemption price. security: Direct obligation of Buck- .rfield’s Limited and is secured by a irst specific charge on all fixed as- iets now owned or hereafter acquired, and by a floating charge on all other 18sets. Legal Opinion by: Walsh, Bull, Hous- ser, Tupper, McKim & Molson. Offered by: Pemberton & Son, Van- .ouver. Feb.. 1929, at 97.2. BOND VALUE TABLES INTEREST TABLES BOOKS ON FINANCE Will send on approval to any rated firm. . Most complete stock in Pacific Northwest. . THOMSON’S BUSINESS BOOK SERVICE Qeaattle. ash.

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