THOMSON'S MANUAL
2
LIABILITIES—
Prior Preference Stock (7%) ...ooieeee
Premium .cccoooeeemnne. ee me—maaaann
BoAE .umemenipsssposwrummons CR
Coupon Notes ............
Notes Payable ..cceeeen
Accounts Payable ........
Accounts Not Yet Due
Dividends Declared ...
Depreciation Reserve ........
Special Depreciation Res.
Road Equipment Depreciat.
Operating Reserves
Unadjusted Credits
Capital Stock .oeoeeeee mann
Barned Surplus occoommmececceininrmaenaes 2,.
TOTAL LIABILITIES .oeeeeeeeee----$132.286.595
FUNDED DF™T, As of June 1, 1930
.e Dated Due
6-2-24 6-1-49
?-1-26 7-31
-30 WFO
-10
-0¢
-f
00
9.000
36
357
,091
“.56¢
$10,000,000
148,777
55,674,500
4,350,000
2,700
588,342
1,787,562
520,456
4,447,709
432,324
117,388
30,333
«,498,648
1,675,148
$122.273.887
$130.482.552
Authorized
$36,500,000
* 5,000,000
9,000,000
3,000,000
(00,000
"90,000
“30,000
~00,000
5,000,000
2 000.000
Outstd.
$36,255,000
$ 4,432,500
$ 9,000,000
3,990,000
5 2.254,000
$1,989,000
$ 169,000
$ 1,232,000
$ 3,000,000
e 1.228. 400
1st and Ref. Mtge. Series A...
1st and Ref. Mtge. Series B......
Ist and Ref. Mtge. Series C......
Pac. Coast Power CoO.ceueeann ee
S.E. Co., Seattle-Everett Tr. <).
Puget Sound Power Co....... ..
Twin City Lt. & Pr. C —
Whatcom County Ry. « Ji. CO.
10-Year Gold Notes..... anna
FE.-Vear Gold Notes ._ oo...
gq,
10
. 06
2-1-50
Rel-928
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i. FIRST AND REFUNDING MORTG
interest Payable: J&D 1, at Conti-
nental Illinois Bank & Trust Co. Chi-
cago; Bankers Trust Co.. N.Y. or trus-
tee’s office.
Trustee and Registrar: Old Colony
Trust Company, Boston.
Registerable: As to principal, coupon
$500 and $1,000 registered $1000 and
$10,000.
Denominations: Coupon $500, $1,000
and $10,000.
Callable: As a whole or in part on
any interest date; on June 1, 1930, at
1043, ; thereafter decreasing 14% an-
nually on Dec. 1 of each year to 100
on Dec. 1, 1948; in any case with ac-
crued interest.
Sinking Fund: 11,9% of aggregate
amount of bonds (including First and
Refiindine Series A & B and underlving
AGE 514% GOLD BONDS, SERIES A
bonds) outstanding, payable Sept. 1,
to which is credited any annual pay-
ments to sinking funds of underlying
bonds.
Tax Status: Company pays normal
Federal income tax up to 2%.
Security: By first mortgage on sub-
stantially all electric power and light
properties and certain other property
now owned or hereafter acquired, sub-
ject to underlying liens, with provision
for retirement thereof.
Legal Opinion by: Gaston, Snow, Sal-
tonsall & Hunt, Boston, for Company;
Rushmore, Bisbee & Stern. New York
for bankers.
Offered by: Lee, Higginson & Co.
Harris, Forbes & Co., Inc, Estabrook
& Co., New York. 1924, at 97.
2. FIRST AND REFUNDING MORTGAGE 5%% GOLD BONDS, SERIES B
Tngerast Ravables PEA 1 at og al Sinking Fund: Same as Series “A.”
ony Trus 0., oston; ontinenta - 2
linois Bank & Trust Company, Chicago; naa Se Cor pany pays normal
Bankers Trust Co., New York. . °
Trustee and Registrar: Old Colony Security: Issued under the same
Trust Co., Boston. mortgage as $28,499,000 series “A 5s
Registerable: As to principal and equally secured therewith.
Denominations: Coupon $500 & $1000. Offered by: Lee, Higginson & Co.
Callable: As a whole or in part on Harris, Forbes & Co., and Estabrook &
Feb. 1, 1930, at 1001, decreasing to 100 Co., New York.
on Aug. 1, 1930, in each case with ac- Date Offered: April, 1926. Price:
rrued interest 99.
3. FIRST AND REFUNDING MORTGAGE 5% GOLD BONDS, SERIES C
Interest Payable: May 1 and Nov. 1, Sinking Fund: 114 9% per annum, pay-
at Old Colony Trust Co., Boston; Bank- able in cash or bonds, of the aggregate
ers Trust Co., N. Y.; Continental Illinois amount of bonds (including First and
Bank & Trust Co., Chicago. Refunding Series C, A and B and un-
Trustee and Registrar: 0ld Colony derlying bonds) outstanding, payable
Trust Co. September 1, toward which are credited
Registerable: As to principal only. the annual payments to sinking fund
Denominations: $1,000. of underlying bonds. No sinking fund
Callable: As a whole at any time or will be in effect after the Series A and
in part on any interest date on notice B Bonds have been retired.
as provided in the mortgage at a pre- Tax Status: Company pays normal
mium of 5%, until May 1, 1931, decreas- ncome tax up to 2%. Penn. personal
ing %9% thereafter on each date. prperty uo to 4 mills and Mass. taxes