THOMSON'S MANUAL
CONDENSED BALANCE SHEET, As of Dec. 31. 1929
ASSETS—
PTOPCYLY ceceeieeiocncomnmaemmne sens monn nn oc sasnnnnnannnen =
Investments in Stocks and Bonds...
[insurance Fund Investment. ........... ..........
Current Assets—
Cash coon. SERRE
Accounts Receivable ... Cpe —m————————_nAAA EE nn mn «SRA
Notes RECEIVABLE or eerie cciir ccecomacmusssmmn cance moocasesiessnmannes oesmmmssasteamnoom oe sassanoanes cans
insurance Claims Against Underwriters. eens
Due from Agents and Pursers... nn ——————————a smn mE TAA EE SE AR SR eS
Stores and Supplies... ee—————————————————a mn ed SR
[nterest Accrued ........ RES REE Ss ca eeneemeneen—n——nn
eeeeeeneeaee-$ 3,228,877
vemsemarim man mn rele BR i veeeeenenee 2,089,085
176,006
14,500
170,765
64,475
101,349
29.875
----$2,075,413
eq 988 RT
Total Current Assets...
Deferred Debit Items...
TOTAL ASSETS coeeecicacmmeasanarmameananan
LIABILITIES—
Capital Stock, 45,000 shares of $100.00 each............ eeeaeeaeemnnneeene $4,500,000
Current Liabilities ..cieeeiees eeeeeeeaeaae ee eeeeaneamnnmnnneeneananneee 386,717
Deferred Credit Items........ awn smn EERE TS SE 11,147
Reserve for Insurance __.__. eemeeen eames em emsnnane ececmencaneeeeeee 1,202,945
Surplus nnn ——— EER oem Sm reeeeeaeeeeneeeeee 3,157,848
i. 89.258.65T
TOTAI LIARTLITIES .... .....
ANCHORAGE LIGHT & POWER COMPANY
GENERAL OFFICE: Anchorage, Alaska.
HISTORY: Incorporated under laws of Alaska, 1922.
BUSINESS: Company operates hydro-electric power generating and transmission
plant near Anchorage, Alaska.
City of Anchorage leases and operates a fully completed distributing system
built and owned by the U. S. Government, and has contracted to purchase elec-
iricity from Company for fifteen years.
The territory served includes the shops and headquarters of the Alaska Rail-
road, utilizing hydro-power of the company. The population served will be ap-
proximately 3,000.
OFFICERS: Frank I. Reed, Pres. and Gen. Mgr.; R. Berliner, Vice Pres.; Harry
=. Morton, Secy.; J. B. Gottstein, Treas.; J. L. Dobbins, Asst. Secy.
DIRECTORS: Frank I. Reed, J. B. Gottstein, Harrv F. Morton, R. R. Berliner.
J. L. Dobbins.
Annual Meeting: 2nd Tues. in October.
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized Outstanding
i. 89% Cum. Pref, SOCK ce eeeerareccnneneananaeeaa $100 $250,000 $175,000
2. Common Stock eens $10 $500.000 $500.000
1. 8% CUMULATIVE PREFERRED STOCK
Provisions: Has preference as to as- Voting Power: Has no voting rights
sets and in case of liquidation entitled unless the company shall be in default
to $110 and accrued dividends. Has In the payment of quarterly dividends
preference as to 8% cumulative divi- for a period of 18 months, or in de-
dends. Unissued $75,000 Preferred, re- fault in the payment of any sinking
served for future construction and ‘und payment, when Preferred has full
general corporate purposes. voting privileges with the Common
Sinking Fund: On or after Aug. 1, stock.
1932, company will retire, either by Dividends: Pavable quarterly, Jan.
purchase or by call, at least 39% of the 1, etc. .
aggregate par value of Preferred stock Transfer Agent: Company itself and
putstanding yearly. Russell-Colvin Co., San Francisco.
Callable: At any time after 3 years Registrars: Wells Fargo Bank and
from date of issuance at 110 and ac- Union Trust Co., San Francisco: Bank
~rued dividends. of Alaska, Anchorage. Alaska.
FUNDED DEBT
Rate Dated Due Authorized Outstanding
1% 1928 1943 $500,000 $350,000
FIRST MORTGAGE SINKING FUND 7% GOLD BONDS
Interest Payable: Semi-annually, Registerable: As to principal.
Feb. 1 and Aug. 1. Denominations: Coupon bonds; $1,000
Trustee: First Seattle Dexter Horton and $500.
National Bank, and co-trustee; Bank Callable: Either in whole or in part,
f Alaska. Anchorage. Alaska. sn Aug. 1. 1931. or anv interest. nay-
