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

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section VIII. Industrials

Collection:: Economics Books

an THOMSON’S MANUAL SUPERIOR SERVICE LAUNDRIES, INC. GENERAL OFFICE: 1101 East Spring St.,, Seattle, Wash. HISTORY: Incorporated under laws of Washington in 1926 to acquire and con- solidate the following laundries in Seattle: American National Laundry, Brook- yn Laundry, New Method Laundry, New Richmond Laundry, Michigan Laundry, Superior Laundry, United States Laundry and West Seattle Laundry. BUSINESS: Company conducts general laundry and dry cleaning business in Seattle. . OFFICERS: H. A. Merrick, Chairman; L. B. Schwallenbach, Pres.; B. F. Ivey, Vice Pres.; J. H. Kidd, Sec'y.-Treas. DIRECTORS: B. F. Ivey, H. A. Merrick, W. C. Roope, L. B. Schwellenbach, F. C. Thornberg, W. H. Treseler. GENERAL COUNSEL: Schwellenbach, Merrick & MacFarlane. Fiscal Year Ends: Dec. 31. CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized Outstanding I. Class A StocK.ocaeeieeeeeeeaeaeeeeeeene NO Par 40,000 shs 31,873 shs 2. Class B Stock... reecvemeneeeene NO Par 80.000 shs 80.000 shs i. CLASS A PARTIC'PATING CUMULATIVE PREFERENCE STOCK Provisions: Entitled to $3.60 per an- voting rights, share for share, with num cumulative dividend and partici- Class B. pates share for share with Class B Dividends: 1926, (6 mos.), $30,000; stock in further dividends. Entitled to 1927, $71,322; 1928, none; 1929, $9.562. $50 per share in dissolution, after Transfer Agent: North Coast Bank which remaining assets divided equally g& Trust Co. Seattle, Wash. netween Class A and Class B. ’ . : . Callable: On 30 days’ notice at $57.50 Registrar: First Seattle Dexter Hor- and accrued dividends. ton National Bank. . } Convertible: At holder's option into Public Offering by: Pacific Empire “lass B stock. Co., Seattle, Wash., May, 1926, at $50 Voting Power: Class A has equal per share. COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31 929 1928 -06,993 95,849 TTY 22 “65 5 QO 1927 *$ 53,863 28,998 12,446 $ 12,420 *%83.742 5 96,162 71,322 Surplus for the year........... . $ 24,840 CMlass A Shares Outstanding.......... ..... 32,350 Earned, per share Class A..oiinniiiinaens $2.96 * After depreciation. t+$79 742 profit on sale of assets and $15,000 dividend from subsidiary. COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31 ASSETS— 1929 1928 17,814 14,209 *n 680 25,375 794 *5,362 083 C715 _28 SR | v,935 132,0.4 £8.59 56,2" 7 © 41682593 312.679 GroSS Profit ooo eee [NEEYEeSt cooemerecee © eemeiiceceennan ememeeneees Depreciation ........... anmRRARRERE Cee TAXES. CLC. cooieeeccmaceaannenamseccnmessmrnnsnnnnan 0 = Net Earnings coco. Dther INCOME .oeeeeemieececcecaacninen Net Profit econ viens Mass A Dividends ...ccoceeciiiemieamee ane 1927 35,110 25,858 85,042 9,821 893,762 541,943 70,691 21 662.227 LUABTL eeerirnesramemmannennmnesmmnnenyemanes i URE REEARSE Er nn Notes and Contracts Receivable... Accounts Receivable ....... Dperating Supplies omens Co Land, Plants and Equipmcnt............... [Investments in Subsidiaries, c¢.C. eee repaid Ins., Unamortized Expense. etc... TOTAL ASSETS .cereeeeneee LIABILITIES— Accounts Payable ..eereeeeceeececceeceeenn$ Notes and Contracts Payable... . ..ccocomieees Due Affiliated Companies _..... ..oimimnnnne Funded Debt .......... emaenemeennnnmnn Accrued Interest ooo. oiiiee Reserve for Taxes, ete. o.oo oooes Jlass A StoCK. ieee Mass B Stockewoeeriaeee. © eemeeen———— Japital Surplus .......... ARR Rarned SurpPlus ieee cece nneeeee “1 TOTAL, LIABILITIES een. $1.682.593 39,569 42,5696 205,000 2,467 ..,099 9:7 £12 p 30,484 56.922 223,000 3,145 8,775 1 208.730 - ; » 31.171 21 662.227 %1 619.679

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