THOMSON’S MANUAL
MALMO & COMPANY
GENERAL OFFICE: 6620 Ellis Ave, Seattle, Wash.
HISTORY: Incorporated under laws of Washington in 1925, succeeding to a
business established by Charles Malmo in 1893.
BUSINESS: Production and distribution of commercial and ornamental nursery
stock, seeds, commercial fertilizers and garden implements. Company distributes
evergreen shrubbery throughout the United States.
PROPERTY: Company owns triangular shaped block bounded by Westlake and
6th avenues and Virginia street in uptown Seattle, improved with a two-story
suilding, used as a retail store by the company.
Twenty-eight acres on Ellis Ave, Seattle (adjoining Boeing Field airport on
the north), set to nursery stock. Tracts A and B, corner Ellis Ave. and Marginal
Way. Seventy-eight acres at O'Brien, in King County, Wash. 8 miles south of
Seattle, set to nursery stock. Company owns the Norway Hotel, a brick building
at 716 Dearborn St., Seattle.
DFFICERS & DIRECTORS: Charles Malmo, Pres.; Clarence O. Malmo, Vice Pres.
& Treas.: Prescott C. Malmo, Sec’y.; R. L. Guttebo, Vice Pres.; C.-L. Harrison,
Director; H. A. Sampson, Director.
Fiscal Year Ends: June 30. Annual Meeting: 1st week in Jan.
Number of Employees: 50 to 100.
CAPITALIZATION, As of June 30, 1930
Par Value Authorized Qutstanding
l. 7% Cum. Preferred Stock................. $100 10,000 shs 6,133 shs
2. Common Stock ocean ceeee-e....NO Par 30,000 shs 26,413 shs
In 1929, capital was increased from 2,500 shares Preferred stock, $100 par
value, to 10,000 shares, $100 par value, and from 2,500 shares Common stock, no
sar value, to 30,000 shares, no par value. Common stockholders were given 10
new shares for each old share.
1. 7% CUMULATIVE PREFERRED STOCK
Provisions: Preferred as to 7% cumu- Dividends: 7% per annum, paid quar-
ative dividends and as to assets in terly, Jan., Apr., July and Oct. 1, since
svent of liquidation. stock was issued.
Callable: After Jan. 1, 1930, at 105 Transfer Agent & Registrar: The
per share. company.
Sinking Fund: After July 1, 1930, Public Offering by: The company, in
259% of all net profits shall be set units, 1 share Preferred and 1 share
aside for retirement of Preferred Common, at $100 per unit.
stock. Number of Stockholders: 300.
2. COMMON STOCK
Voting Power: Sole voting power. Funded Debt: None. Bonds due.
Dividends: 23e per share paid Apr. 1024-1930 were retired in 1925.
and July 1. 1920
INCOME STATEMENT. Year Ending June 30. 1929
BALOE .eripmpes
BORE OF BRIEE ooo eeeeeerercreerrenmmm abs HERS SSO ER SES La srs wm
Iperating Expense, Depreciation and Taxes ..ccoovmriimnecnene.
eee $3215,581
ereeeeeen D0,308
ees eee T7517
TOA] TTMCOIIIE noose ceeceeeeeommmaameec memes enc nmsenmmmsen oan imemmeemesmsmmescncanss errand 93,243
nterest, Discount and Federal TaX ....cccomreomommimrmare ss somtncaancss enansesoes 15.839
ee 17,404
_____..% R8.513
Net Earnings .....
Other Income ......
Net Profit ..........
DIvIiAends .cowioccmomsis ssisssei
SUrplus for the VeaT. ooo ieeoeemiiammresinnaerens comemaonacaanens
BALANCE SHEET. As of June 20. 1929
AQQRERTS LIABILITIES
ASN eee eeeeeeeeeeaereeneenneeeeeene-$ 30,830
Accts. & Notes Receivable... "£975
Stock Purchase Contracts ........ 4,560
Inventorv RAK and
Notes Payable eeccceececccaeceeeen$ 37,000
Votes & Acceptances Payable ... 6,216
i1ccounts Payable .oceeeeireccceeees 22,630
Dividends Payable ..ocoianeeee 5,021
Local Imp. Assessment... 1,451
Taxes Payable oomoriiaaaaiee 1,611
Due Company Officers................ 6,873
Tenants’ lease Deposits... .ccce.eet 1.250
Total Current Assci. rene
Real Estate o.oo J
Buildings & Equipment. ——
Other Property iis
Prepaid Interest ....... coi.
Prepaid Insurance ...........c.ccccoceeeee
TOTATL., ASSETS .... .eea.. .™792.571
346,069
70,617
£227
33,919
264
a5
Total Current Liabilities......s £2,952
Japital Stock ........ eemaaeaeneee 023,027
SUTrPIUS cereeccamececaneceere nome easconmenenn 165.092
TOTAT. T.TARILITIES $872.57]
