Full text: Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL 
DFFICERS: Henry J. Lowdon, Pres. & Gen. Mgr.; R. C. Eklund, Secy.; Earl L. 
Murray, Gen. Superintendent. 
DIRECTORS: H. M. Casey, L. R. Stradley, Ben Herz, Earl 1. Murray. Henry J. 
_owdon. 
GENERAL AUDITORS: Lybrand, Ross Bros. and Montgomery. 
CAPITALIZATION- Par Value Authorized Outstanding 
TommoN . ..eeeeeeees cecsesssseeeamn No Par 100,000 shs 47,362 shs 
COMMON STOCK 
Details: Issued to take care of cur- Legal Opinion by: Harroun, Robin- 
rent obligations for expansion of busi- son, Maloy & Shidler 
ness and working capital, to handle ’ ) : 
profitable business that is being of- Public Offering by: B. B. Odom & 
fered. Co.. Seattle, May, 1930, at $5. 
BALANCE SHEET, As of May 10, 1930 
(After Giving Effect to Financing) 
A SSSETC LIABILITIES 
Cash obras enn messesemmk STE Er teres 
Notes and accounts receivable.. 
~ontracts receivable ........ 
‘nventories ..... _— 
34,946 
7,360 
220 
26890 
Total Current Assets.......... 
Furniture, equipment, etc.......... 
Stocks and bonds. ....ceceeeeeaenes 
[nvestment in Multachrom 
Lights and Signs, Ltd............ 
Jales and patent rights, pro- 
cesses, formulas. etc... Sessa 
Lease deposits .. eames 
TOTAL ASSETS ........ o....$194.594 
Current— 
Provisions for TaXes.......coccceeeeeeeed 365 
Deposits on SigNS.ccu ieee 683 
Unearned Sign Rentals..........._... 787 
Total Current Liabilities........$§ 1,836 
CAPITAL 
Authorized 100,000 shares no 
par value, issued 47,362 
shares .... eee. $192,758 
TOTAL LIABILITIES................§194,594 
Contingent: Contracts receivable dis- 
counted $11.194. 
NEON PRODUCTS OF WESTERN CANADA, LTD. 
GENERAL OFFICE: 260 Terminal Ave, Vancouver, B. C. 
BRANCH OFFICES: Victoria, B.C, Calgary, Alberta and Edmonton, Alberta. 
HISTORY: Incorporated under laws of Dominion of Canada, December 20, 1929. 
0 take over company of same name incorporated April 24, 1928. 
CHARACTER OF BUSINESS: Manufacture and distribution of Claude Neon 
products in the Provinces of British Columbia and Alberta in which territory 
rompany holds franchise. Company leases signs to users on a monthlv rental 
ha sis. 
PROPERTY: Main plant in Vancouver, B. C., sub-plant in Victoria, B.C. 
OFFICERS: J. P. D. Malkin, Pres.; George W. Sweny. Managing Dir.; C. C. 
Torbet, Secy-Treas. 
DIRECTORS: J. P. D. Malkin, George W. Sweny, John W. MacDougal, W. C. 
Woodward, Blake M. Wilson, Jr.,, Ernest E. Buckerfield, George E. Housser. 
Harold E. Molson, Gordon Farrell, Stanley Burke, R. H. B. Ker. 
GENERAL COUNSEL: H. I. Bird, Vancouver, B.C. 
GENERAL AUDITORS: Melliwell, Maclachlan & Co., Ltd., Vancouver, B.C. 
Fiscal Year Ends: April 30. Annual Meeting: June. 
CAPITALIZATION, As of Dec. 31, 1929 
i. 69% Cum.| Pref. Stok iene $50 10,000 shs 6,000 shs 
) Common Stock ... ee revecce-e No Par 60.000 shs 54.836 shs 
1. 68% CUMULATIVE 
Provisions: Preferred as to assets 
and 6% cumulative dividends. In case 
»f voluntary or involuntary liquidation 
antitled to $51.60 per share, plus ac- 
crued dividends. No capital liability 
may be issued without consent 24 of 
oreference stockholders. 
Calable: On any dividend date on 60 
days’ notice at $51.50 and accrued divi- 
iends. 
Voting Power: When 6 quarterly 
lividends are unpaid, holders may elect 
PREFERENCE STOCK 
majority of directors and have equal 
vote on all other matters. 
Dividends: 69% per annum payable at 
any branch of the Royal Bank of Can- 
ada on Feb. May, Aug. and Nov. 1. 
Registrar and Transfer Agent: Lon- 
jon & Western Trust Co. Ltd. Van- 
couver, 
Public Offering by: Pemberton & 
Son, Vancouver, B.C. 
Dated Offered: Dec. 1929. Price: $66 
per unit, of one preference and one 
rommon share
	        
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