164
THOMSON'S MANUAL
FUNDED DEBT, As of March 1, 1930
Rate Dated Due Authorized Outstanding
1st Mtge. Gold Bonds............ 5%% 2-1-27. 2-1-47 $1,715,000 $1,715,000
ist Mtge. Gold Bonds.............. 5% % 1-1-28 1-1-53 $1,650,000 $1,650,000
1st Lien and Gen. Mtge......... 6% 2-1-30 2-1-60 $2.000.000 $2,000,000
1.
2.
2
1. FIRST MORTGAGE GOLD BONDS,
514% SINKING FUND. SKRIES OF 1947
amount of all Series of 1947 bonds out-
standing at any one time during six
months next preceding dates of respec-
tive payments, to be used for acquisi-
tion of bonds of Series of 1947 at or
below current redemption price, and all
bonds se acauired be cancelled.
Tax Status: Company pays normal
federal income tax not to exceed 2%,
and refunds 4 mill tax, Mass. 6% income
tax and Calif. personal property tax not
in excess of four mills.
Security: First mortgage on all the
fixed property owned by the company.
Legal Opinion by: Seibert & Riggs,
New York.
Offered by: A. C. Allyn & Co. and
W. C. Langley & Co., New York, Mar.,
1927, at 98.
Listed: On Chicago Stock Exchange.
2. FIRST MORTGAGE GOLD BONDS. 51,9, SERIES OF 1953
Interest Payable: J&J at National Tax Status: Company pays normal
Bank of Republic, Chicago, and office federal income tax not to exceed 2%
of trustee. and refunds Penn. 4 mill tax, Mass. 6%
Trustee: Equitable Seaboard Bank & income tax and Calif. personal property
Trust Co., New York. tax not in excess of 4 mills.
Registerable: As to principal. Security: Direct first mortgage on
Denominations: Coupon $100, $500. all fixed property owned by the Com-
$1,000. pany.
Callable: In whole or in part on any Legal Opinion by: Seibert & Riggs.
ingseost, ante oy thirty, 25p% See to New York.
and including Jan. 1, , a an
accrued interest; thereafter to and in- Offered by: A C. pliyn Cue
cluding Jan. 1, 1938, at 104; thereafter and W. C. Langley o., New York.
to and including Jan. 1, 1943, at 103; tfered: Jan. 1928, and Mar.
thereafter to and including Jan. 1, 1948, ae, ore
at 102; thereafter to and including Jan ’ .
1 1952 at 101. and thereafter at par Listed: On Chicago Stock Exchange
Interest Payable: F&A 1. at National
Bank of the Republic, Chicago, or at
:rustee’s office.
Trustee: Equitable Seaboard Bank &
Trust Co., N.Y.
Registerable: As to principal.
Denominations: Coupon, $100, $500.
$1,000...
Callable: In whole or in part on any
interest payment date on 30 days’ no-
tice to and including February 1, 1937,
at 105 and accrued interest; this pre-
mium of 5% of the principal decreasing
at the rate of %9% of the principal on
each February 2 thereafter to and in-
cluding February 2, 1946, and thereafter
at 100 and accrued interest.
Sinking Fund: Company covenants to
pay trustee on Feb. 1, 1928, and on each
Feb. 1 thereafter to and including Feb.
1. 1946, 19% of greatest aggregate
3. FIRST LIEN & GENERAL MORTGAGE 6% GOLD RONDS. SERIES 1960
Interest Payable: Feb. 1 and Aug. 1, © tric Co., and more than 9915, 9% of com-
at Central Trust Co., Chicago, or trus- mon stock of Dominion Electric Power
tee’s office. . Co. and of Dixie Power Co. Further
Trustee: Equitable Trust Company, secured by direct mortgage on all fixed
New York. property owned by Washington Gas and
Registerable: As to principal only. Electric Company, subject to bonds
Denominations: Coupon $100. $500, which may be secured by any prior lien
$1,000. now or hereafter created or existing.
Callable: In whole or in part at any and of which $3,596,000 First Mortgage
time upon thirty days’ notice at 105 bonds are outstanding.
and accrued interest to and including Stock Purchase Warrants: Each bond
Feb. 1, 1940, this premium of 5% de- \s accompanied by stock purchase war-
creasing at the rate of 14% on each rant, non-detachable except when exer-
Feb. 2 thereafter to maturity. cised, evidencing right of holder to
Tax Status: Company pays normal purchase two shares of Class A Stock,
federal income tax not to exceed 2%; $1.60 Dividend Series, of North Ameri-
refunds personal property taxes ia can Gas and Electric Co. for each $100
posed by the States of Conn., Penn, and Principal amount at the following
Calif., not exceeding 4 mills; Maryland prices: to and including Feb. 2, 1932,
not exceeding 4% mills; Michigan not at $20 per hsare, thereafter to and
exceeding 5 mills; Iowa tax up to 6 including Feb. 2, 1934, at $22 per share
mills, and Mass. income tax. not in ex- and thereafter to and including Feb. 2
cess of 6%. 1935, at $25 per share.
Security: Pledge with trustee of ali Offered by: A. C. Allyn & Co.
common stock of Oregon Gas and Elec- Listed: Chicago Stock Exchange.