THOMSON'S MANUAL
CAPITALIZATION: Par Value Authorized Outstanding
l. 7% Cum. Preferred Stock................ $10 250,000 shs 18,815 shs
2. Common Stock . ewee-NO Par 250,000 shs 45,198 shs
1. 7% CUMULATIVE PREFERRED STOCK
Callable: On any dividend date at annually Jan. and July 1, since Jan. 1,
5% premium. Redemption by lot pro- 1929.
vided for through sinking fund of 10% Legal Opinion by: Stephen J. Chad-
of net profits after required 7% divi- wick, Seattle, Wash.
dend has been paid on Preferred stock. Publie Offering by: Lowrie & Co,
Voting Power: None. in 1928, in units of two shares of Pre-
Tax Status: Dividends exempt from ferred and one share of Common at $30
29% normal Federal income tax. per unit.
Dividends: 7% per annum, paid semi- Number of Stockholders: 400.
COMPARATIVE INCOME STATEMENT. Year Ending May 31, 1939
Gross Revenue ........... ieeeenn$110,199
Operating Expense .............. ... 37,423
Net Earnings cooooeeeeeecoeeeoceeeeeeeeeaeeeen. eed 72,776
Taxes, Depreciation, Bad Accounts. etc. .......... re eeemeeeeeeeen 19,086
Net Income .......cccerccrvmssnnns ot veeeeeeeee § B3,190
Preferred Dividends ........ eeeeeen 13,165
Surplus for the year ..nnn. A. ....$ 40,025
BALANCE SHEET, As of May 31, 1930
ASSETS LIABILITIES
Notes & Accts. Payable................$160,132
Deferred Income ........eco-ceeeeeeeeee 31,461
Preferred Stock .oocoeeeeeiieiieceeeeeee.... 188,150
Yommon Stock eoeoooeeeeeeeeeee.. 451,980
Reserve for Pfd. Dividends........ 5,485
nrolus vereeemnan 45,049
TOTAL LIABILITIES ..............8882.257
CASH eeeeeeeeeeeeeeeeeeeeeeeeemmeemenmeennne $21,950
Notes & Accts. Receivable........... 772 70
Investments ..ooceeeceoomeazmmmenene 0
Mis. Assets & Deferred Chars
Furn. and Fixtures..........
Organization Expense ...........
TOTAL ASSETS $882.27
NORTHWEST BANCORPORATION
GENERAL OFFICE: Minneapolis, Minn.
HISTORY: Organized under laws of Minnesota Jan. 8, 1929, to engage in Group
Banking.
BUSINESS: Holding company for banks, trust companies and investment com-
panies. During 1929 control was acquired, directly, of 75 institutions and in-
directly, through acquisition of the Union Investment Company, of 31 more, mak-
ing total of 106, located in 8 states as follows: Minnesota 54, North Dakota 10,
South Dakota 11, Iowa 4, Montana 9, Nebraska 8, Washington 3, Wisconsin 7.
Following institutions controlled in Montana and Washington:
Daly Bank & Trust Co., Anaconda, Mont. Northwestern Nat. Bank. Lewistown,
First Nat. Bank, Dillon, Mont. Mont.
Great Falls Nat. Bank, Great Falls, First State Bank, Malta, Mont.
Mont. Bank of Miles City, Mont.
Jontinental Nat. Bank. Harlowtown, Security Nat. Bank, Cheney, Wash.
Mont. Spokane & Eastern Trust Co., Spokane;
Hill County State Bank, Havre, Mont. ‘Wash.
Union Bank & Trust Co., Helena, Mont. Spokane & Eastern Co., Spokane. Wash.
NOTE: See banking section for statements of these banks.
MANAGEMENT: E. W. Decker, Pres. and Chairman Ex. Com.; J. C. Thomson,
Vice-Pres. & Gen. Mgr.; R. E. Macgregor, Vice-Pres. & Treas.; H. D. Thrall, Vice-
Pres. & Asst. Treas.: Alex. Highland, Vice-Pres. & Asst. Gen. Mgr.; E. J. Weiser,
Vice-Pres.; Theodore Wold, Vice-Pres.; Hanford MacNider, Vice-Pres.; David
Williams, Vice-Pres.: Isaac S. Moore, Vice-Pres.; Clyde E. Brenton, Vice-Pres.;
Gardner B. Berry, Vice-Pres.; R. O. Kaufman, Vice-Pres.; D. R. West, Secy.;
Hd. Hallenberg, Chief Examiner; W. E. Brockman, Director Advertising & Pub-
icity; Robt. F. Mactavish, Asst. Treas.; Wm: N. Johnson, Asst. Secy.; Grant Ww.
Anderson, Asst. Secy.: Willis D. Wyard, Asst. Secy.; J. W. Groves, Asst. Secy.;
John Jalong, Asst. Secv.: W. Gordon Hegardt. Asst. Seev.: Michael E. Ryan.
fombtroller.
COMMON STOCK .__.....
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized Qutstanding
eR) 60.000.000 Shs. 1.606.993 Shs.
DIVIDENDS: In 1929, $1.80 per share per annum, paid quarterly.
NUMBER OF STOCKHOLDERS: 11,469 (of which 250 reside in Montana and
260 in Washington).
PRICE RANGE: 1929—High, 99: Low, 53.
