78
THOMSON'S MANUAL
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized Outstanding
$100 . $700,000 $426,700
2% $100 $550,000 $474,000
1. 8% CUMULATIVE PREFERRED STOCK
Provisions: Preference as to assets Voting Power: Has full voting pow-
and cumulative 89% dividends. er on default of 2 years’ dividends.
Callable: At 105 and accrued divi- Otherwise none.
dends. Dividends: None to Jan. 1, 1930.
CONSOLIDATED BALANCE SHEET, As of Oct. 31, 1928
LIABILITIES
Accounts Payable ......c.ooo............$ 21,150
funded Debt ..... eceeeeeeneneneee £00,000
Preferred Stock .ocoeeeeceeeeereeeeeeen 426,700
Common Stock ooimriceeeeeeeeeeee 474,400
BUT D US oreo eee eee emma 30,762
1. 89% Cum. Pref. Stock... crores
2. Common Stock ... wa
Total Current Asset:
Due on stock subscrip’ .
Land, Bldgs., Mach. & Fer®
Artesian water supply
Deferred Charges coo...
TOTAL, ASSETS ceiiieiaeee
45
1.353.012
TOTAL LIABILITIES ............$1,353,012
FUNDED DEBT, As of Dec. 31, 1929
First (Closed) Mortg. Sink. Rate Dated Due Authorized Outstanding
Fund Gold Bonds..........cccccoeeeeees 1% 5-1-29 5-1-39 $400.000 $400,000
Interest Payable: May 1 and Nov. 1, net earnings before depreciation. but
at trustee's office. not more than $40,000.
Trustee: Pacific National Bank, San Tax Status: Company pays normal
Trancisco. 20, Federal income tax. California and
Registerable: As to principal (cou- Oregon personal prop. taxes refunded
oon bonds). Bn First closed mortgage on
Denominations: $1,000 and $500. } all fixed assets.
Callable: In whole or in part in Legal Opinion by: Bruce C. Shorts,
minimum amount of $25,000 on any in- Seattle, Wash,
terest date at $105 and accrued inter- Offered by: Richards & Blum, Inc,
ast. . Spokane, Wash., and Joseph C. Tyler &
sinking Fund: Annual payments be- Co., San Francisco, Calif.. June, 1929.
inning Feb. 15, 1930. based on 50% of at 100.
VANCOUVER KRAFT CO. Ltd.
GENERAL OFFICE: Port Mellon, B. C.
CONTROL: 51% of company’s Common stock and 509, of Preference stock owned
oy Columbia River Paper Co., Portland, Ore.
HISTORY: Incorporated under laws of British Columbia, April, 1928. Acquired
properties of the Howe Sound Pulp & Paper Co. and Vancouver Kraft Mills, Ltd.
BUSINESS: Manufactures lumber, sulphite pulp and kraft paper.
PROPERTY: Owns mill site at Port Mellon, B. C., covering 73 acres of land,
having a deep-water frontage of approximately % mile with plant and ware-
houses, docks and other facilities suitable for the loading of ocean-going ves-
sels. Also owns 2,000 acres of timber land, containing 40 to 50 million feet of
-imber, water power site capable of generating 2,900 H. P. Company has a plant
rapacity of 110 tons of pulp and 200,000 feet of lumber per day.
DFFICERS: F. W. Beadbetter, Pres.: A. S. Fleming, Vice Pres. & Treas.; W. B.
DuBois, Secy.; W. P. Donnelly, Auditor; P. W. Morse, Pur. Agt.
DIRECTORS: W. B. DuBois, A. S. Fleming, H. C. Hav. F. W. Leadbetter, Harry
Snyder, G. A. Spencer, Ronald P. Stockton,
GENERAL AUDITORS: Haskins & Sells.
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized
reeeeeeeeee $100 $1,000,000
ST. $1 $50.000
FUNDED DEBT, As of Dec. 31, 1929
Rate Dated Due Authorized
eyo, 5-15-28 5-15-43 $2.500.000
Outstanding
$600,000
eEN 000
First Mortgage Sinking
Fund Gold Bonds .......
Outstanding
21 195 000
