FINANCE
303
Dividends: $4.00 per annum paid Ivey, Seattle, Wash.
quarterly, Jan., Apr., July, Oct. 1. Number of Stockholders: Approxi-
Transfer Agent: Peoples Bank & mately 175.
Trust Co. Listed on: Traded in on Seattle Curb
Registrar: Peoples First Avenue Exchange.
Sank. Price Range: 1929, High, $90: Low.
Legal Opinion by: Kerr, McCord & $80
STATEMENT OF CONDITION OF BANKS OWNED, As of March 27, 1930
Peoples Bank and Peoples First First National
Trust Company Avenue Bank Bank, Renton
Total
1,747,563
3,645,133
1,953,211
25,900
4,223
"000
700
028
46
RESOURCES—
Loans and Discounts........$
Bonds and Warrants........
UU. S. Bonds & Tr. Cert...
Fed. Res. Bank Stock....
Vaults, Fur. & Fi-
Bank Building ...
Letters of Credit.
Other Resources .
Cash & Due from
9
3.905
LIABII.IT) «
Capital St
Surplus ..
Undivided »--
Reserves .............
Letters of Credit...
Deposits _..
0000
oC
NE
950,000
263,000
226,521
“R425
2,700
.658,259
18 905
SPOKANE EASTERN CORPOE TI
GENERAL OFFICE: Spokane, Washington.
CONTROL: Northwest Bancorporation, Minneapolis. Minn., owns all but direc-
tors’ qualifying shares.
HISTORY: Organized as a holding company under Washington laws in Feb.,
1929, by the directors of the Spokane and Eastern Trust Co. as a method of
broadening the activities of the trust.
SUBSIDIARIES: Owns 98.5% of stock of the Spokane & Eastern Trust Co., and
the entire capital stock (10,000 no-par shares) of the Spokane Eastern Company,
latter is the investment-securities unit of the organization, taking over bond
business heretofore conducted by the Spokane & Eastern Trust Co.
OFFICERS: R. L. Rutter, Pres.; W. T. Triplett, Vice Pres.: Conner Malott, Vice
Pres.; 8. A. Kimbrough, Vice Pres.; J. L. Campbell. Sec.-Treas.: W. L. Eggert,
Asst. Sec. and Asst. Treas.
DIRECTORS: Eugene B. Favre, Joel E. Ferris, John W. Graham, William G.
Graves, H. H. Hebert, R. Insinger, Conner Malott, Dr. H. P. Marshall, C. D. Mar-
tin, A. F. McClaine, Jr., W. S. McCrea, W. H. Murgittroyd, E. O'Shea. Josiah Rich-
ards, R. L. Rutter, W. T. Triplett, all of Spokane, Wash.
CAPITALIZATION, Ax of Dee. 31, 1929
Par Value Authorized Outstanding
vee. No Par 200,000 shs 99,811 shs
Legal Opinion by: Graves, Kizer &
Graves.
Public Offering: 20,000 shares by
Spokane Eastern Co., Murphy, Favre &
Co., and Ferris & Hardgrove in Feb.
1929. at £25.50.
SHAREHOLDERS CORPORATION
GENERAL OFFICE: 800 Second Ave. Seattle, Wash.
HISTORY: Incorporated under laws of Delaware. Dec. 26. 1929 Commenced
business Jan. 15, 1930.
BUSINESS: General management tvpe investment trust, chartered to buy, sell
or hold Common stocks and other securities dealt in on leading stock exchanges.
MANAGEMENT: The investment portfolio of the Corporation managed by United
National Corporation under restrictions providing that securities sold to or pur-
chased from Corporation, directly or indirectly by manager, or affiliated or sub-
sidiary corporations, shall be at cost to the manager, or such affiliated or sub-
sidiary corporations, or at the market, whichever is lower; and any profit made
directly or indirectly by the manager, or its affiliated or subsidiary corvorations.
through such sales or purchases, shall be paid to the Corporation
