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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Document type:: Monograph

Structure type:: Chapter

Title:: Section X. Real estate

Collection:: Economics Books

$38 THOMSON'S MANUAL CENTRAL BUILDING COMPANY GENERAL OFFICE: 810 Third Avenue, Seattle, Wash. HISTORY: Organized under laws of Washington in 1913, as a common law trust. PROPERTY: Owns and operates an 8-story and basement, steel and concrete, Class “A” office building covering entire half of city block on east side of Third Avenue, between Columbia and Marion Streets, technically described as L.ots 1, 4, 5 and 8, Block 26, C. D. Boren’'s Addition to the City of Seattle. Wash. Building erected in 1913. COMPARATIVE INCOME STATEMENT, Years Ending Nov. 30 age agg 1927 $229,444 130,256 99,188 98,560 628 Gross Revenue iii Expenses ....... Net Earnings ..oo.ocooiooeiieiiiaceaees Dividends Paid .......ooiiiieiaen Surplus woes FUNDED DEBT, As of Nov. 30, 1929 Central Building Property Dated Due Authorized Outstanding Participating Bonds ..............._......... 3-1-13 6-9-53 $1,540,000 $1,540,000 Provisions: Bonds receive all net in- Tax Status: Federal Income Tax not come up to 6% on par of outstanding paid by company. issue and 2% of any surplus earnings in Dividends: Regular quarterly divi- excess of 6%. Upon sale of property jends have been paid for 93 consecutive or termination of trust, all proceeds, quarters at average annual rate of up to par, and 2% of any increment in 5.155% (payable Mar., June, Sept. and value above par, distributed to out- Dec. 10). standing bonds. Registrar: The company. Trustee: Northwest Trust & State Registerable: As to both principal Bank. and interest. Denominations: $5,000, $1,000, $500, Security: First lien on fee title and $400. $300. $200. $100. revenues. CITY RAMP GARAGE, Inc. Spokane, Washington 51% % FIRST MORTGAGE GOLD BONDS Authorized & Outstanding............$225,000 Interest Payable: May and Nov. 1. Dated: Nov. 1, 1928. : Interest & Principal Payable: At Due: Serially, 1931-1938. trustee's office. Property: A reinforced concrete ga- Trustee: Old National Bank & Un- rage building of six stories and base- jon Trust Co., Spokane, Wash. ment with mezzanine floors making 14 Denominations: $1,000, $500. levels for parking 400 cars. The land Callable: On any interest paying on which the building is erected is 155 date 2 years after date issue in inverse by 125 feet. numerical order, at 101% and accrued Location: Stevens Street and First interest. Avenue, Spokane, Wash. Mortgagor: City Ramp Garage, Inc. Security: Secured by the first mort- Legal Opinion by: Wakefield & With- gage on land and building, valued at erspoon, Spokane attorneys. $485,000. Offered by: Murphey, Favre & Co, Maturities: $5,000 on each May and Ferris & Hardgrove and Old National Nov. 1, 1 to May 1, 1938; $15,000 due Bank & Union Trust Co.. Nov., 1928, at Nov. 1. 1938. par. CLAREMONT APARTMENT FIRST MORTGAGE FEE 64% Authorized ... eeeeu$500,000 Retired . 9,000 Outstanding, July 1, 1930............$491,000 Dated: Aug. 1, 1927. Due: Serially, 1929-1942. Property: 9-story fireproof apart- ment hotel and store structure. Com- pleted 1926. Contains 120 two-room apartments -and 41 hotel rooms. Six stores, lobby and dining room on first floor. . Location: Northeast corner of: Vir- ginia and Fouth Avenue; fronts 108 ft. on Virginia Street and 120 ft. on Fourth. Security: Closed first mortgage on HOTEL, Seattle, Washington SERIAL COUPON GOLD BONDS the land, owned in fee, building and Jurniture. Appraised value of $1,629, Maturities: Aug. 1, of each year; $9,000, 1929; $10,000, 1930 and 1931; $11,- 000, 1932 and 1933; $12,000, 1934; $13,- noo, 1935: $14,000, 1936; $15,000, 1937; $16,000, 1938; $17,000, 1939; $18,000; 1549; $19,000, 1941; $325,000. Aug. 1, 1942. Interest Payable: Semi-annually on Feb. 1 and Aug. 1. interest & Principal Payable: At offices of S. W. Straus & Co., Seattle, Wash. Trustee: Edwin L. Bowes, Vice Pres- ident S. W. Straus & Co.

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