PUBLIC UTILITIES
209
WASHINGTON MOTOR COACH COMPANY, Inc.
GENERAL OFFICE: 300 Central Terminal, Seattle, Wash.
EXECUTIVE OFFICE: Henry Bldg. Seattle.
HISTORY: Incorporated under laws of Washington, April 1, 1924, as the Yakima
Northern Stages. In 1928, Wolverton Auto Bus Co. and Puget Sound Motor Coach
Co. were acquired.
BUSINESS: Company operates passenger motor busses over 12 routes in State
of Washington, as follows:
Yakima-Ellensburg Wenatchee-Leavenworth
Ellensburg-Easton Seattle-Ellensburg
Yakima-Wenatchee (2 routes) Seattle-Tolt
Wenatchee-Spokane (2 routes) Spokane-Coulee
Wenatchee-Oroville Yakima-Hood River, Ore
EQUIPMENT: 50 motor coaches, 6 trucks.
SUBSIDIARIES: Olympic Peninsula Motor Coach, 100% Common Stock.
Walla Walla-Pasco Motor Coach Co., 60% Common Stock.
Yakima Motor Coach Co. Inc, 72% 9% Common Stock.
OFFICERS: C. B. Fitzgerald, Pres.; R. T. Whiting, Vice Pres.; Thos. H. Swale,
Sec'y; J. R. Yost, Treas.
RECTORS: C. B. Fitzgerald, R. T. Whiting, Thos. N. Swale, J. R. Yost, F. W.
ull.
OPERATING STATISTICS
Passengers Carried Total Mileage Passenger Miles
56,680 436,982 1,324,284
68,468 724,495 3,223,992
106,820 995.952 5.881.579
132
1928
1929
Cpe "TION, As of April 19, 1930
» Value Authorized
1. Preferred Stock ..... v $500,000
2. Common Stock ..... 0 $750,000
After giving effect to 100% Common Stock dividend April 10, 1930. .
DIVIDENDS: On Preferred stock, 8% per annum paid quarterly (Jan., Apr., July,
Oct.) in 1927, 1928, 1929.
On Common stock, $25,225 stock dividend in 1928; 100% stock dividend April
10. 1930. No cash dividends.
Outstanding
$285,041
$431,266
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
{As reported to Department of Public Works, Olympia, Wash.)
1929 1s
TE9,70¢
Lar
Gross Revenue ........ .._._.. . .
Operating Expense and Taxes...
Net Earnings ...
Other Income ..........
Total Income ___.._...............
[nterest, Amortization, etc. .....
Net Income ........................_...
Preferred Dividends .....................__
Surplus for the vear......
COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. ¢
{Ag reported to Department of Public Works, Olympia, Wash.)
ASSET a929 10¢
Cash o.oo...
Notes Receivable ........ . :
Accounts Receivable ........................
Material and Supplies........
Stock Subserintions
1.976
“C
1
14627
888
950
26
0
5
"
Total Current Assets...
Mortgage Yakima Motor Coach Co. ..
Investments (Subsidiaries) ..................
Advance to Affiliated Companies...
Equipment ...... _ 7
Franchises, Intangibles. ete. .....
Prepaid Items ....
Deferred Debits .... em emr——aaa.
TOTAL ASSETS
yU,* «5
22 F0)(
+.¢51
7,649
ARN
9
RT
i
7
8
~ 072
oF
019
a
27 72N