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 XI. Appendix

Collection:: Economics Books

180 THOMSON'S MANUAL BEST LOCK CORPORATION GENERAL OFFICE: 918 Orange Street, Wilmington, Delaware. BRANCH OFFICES: 1121 Post Street, Seattle, Wash. HISTORY: Incorporated under laws of Delaware, April 19, 1928, to acquire all the assets of and assume liabilities of the Best Universal Lock Co., a Washing- ton corporation. BUSINESS: Holds patents on the Best Universal Locking System. Locks are manufactured under trusteeship by the Best Universal Lock Co. Seattle, Wash. Fiscal Year Ends: June 30. OFFICERS: Frank E. Best, President, Seattle, Wash.; C. C. McNutt, Trustee, Wilmington, Del.; Guy E. Stansel, Vice-Pres.,, Wilmington, Del. CAPITALIZATION: Authorized, 200,000 shares no par common stock. On June 30, 1929, 97,840 shares had been issued. Later reports unavailable, PACIFIC POWER & LIGHT CO., Portland, Ore. FIRST MORTGAGE AND PRIOR LIEN GOLD BONDS. 5% SERIES Authorized ..._....._......... ..........$17,000,000 pany, for 12 Sonsgoiive menihs wig < : . : : 15 months immediately preceding shall pied Aug. 1, 1930. Due: Aug 1,00 hoon cout yelont to either thre annual interest charges on, or o Interest Payable: Feb. and Aug. 1 »f aggregate of, all Bonds issued and at office or agency of the company in jutstanding under the Mortgage (in- New York. cluding those proposed to be issued) Trustee: Chemical Bank & Trust Co.. and all outstanding prior lien bonds. New York, Mortgage contains provisions permit Registerable: Coupon bonds in §1,000 ing modification or alteration of the denominations, registerable as to prin- Bonds or Mortgage or any instrument cipal. Fully registered bonds in inter- jpplemental thereto, with consent of changeable denominations of $1,000 and jo Company and by affirmatice vote of $5,000. Coupon bonds and fully regis- j;)gers of not less than 85% of out- tered bonds, interchangeable. standing Bonds, provided that no such Callable: In whole or in part on 30 modification or alteration shall permit days’ notice at 105, up to and including axtension of maturity of any Bond or July 31, 1934; premium decreasing 4% reduction of interest thereon or any on each Aug. 1 thereafter, to and in- sther modification of payment of such clud Aug. 1, 1953; thereafter at 100. srincipal or interest without consent Provisions: Additional Bonds of one 0f the holder thereof or more series may be issued (a) for not exceeding 75% of cost or fair value, whichever is less, of property additions and/or property of subsidiary com- panies less the amount of any outstand- ing prior lien bonds secured by lien thereon; (b) for refunding an equal amount of Bonds of any series thereto- fore issued under the Mortgage; (c) for refunding or on account of deposit with the Trustee of an equal amount of prior lien bonds; and (d) against an equal amount of cash deposited with the Trustee. However, no additional Bonds may be issued, except for refunding pur- poses, unless net earnings of the Com-

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