288
THOMSON'S MANUAL
FIRST SEATTLE DEXTER HORTON SECURITIES CORPORATION
GENERAL OFFICE: Second Ave. at Columbia St., Seattle, Wash.
BRANCH OFFICES: Seaboard Branch, Fourth and Pike, Seattle; Metropolitan
Branch, Third and Union, Seattle: also branches at Ballard and Walla Walla,
Washington.
HISTORY: Incorporated under laws of Delaware, Sept. 19, 1929. Organized in
connection with consolidation of Dexter Horton National Bank, First National
Bank, Seattle National Bank, as the *First Seattle Dexter Horton National Bank,
for the purpose of holding stocks of affiliated banks and also serving as an in-
vestment subsidiary. of the consolidated institution.
BUSINESS: Retail and wholesale distribution of securities. Participating in
security syndicates, etc.
SUBSIDIARIES: Holds all but directors’ qualifying shares of the following in-
stitutions: *Metropolitan National Bank, *First Security Bank, Dexter Horton
Sous Bank, First Greenwood National Bank, First Canal Bank. all in Seattle,
ash.
*For financial statement see Banking section of this manual.
OFFICERS: W. H. Parsons, Chairman; M. A. Arnold, Pres.; Lawrence M. Arnold,
First Vice Pres.; George E. Maine, Vice Pres.; H. S. Grande, Vice Pres.; Thomas
F. Gleed, Vice Pres.; Park Cassel, Secy.; Morton Baker, Treas.
DIRECTORS: W. C. Butler, Mark Reed, F .H. Brownell, L. C. Henry, W. H. Par-
sons, M. A. Arnold, L. M. Arnold. Hugh G. M. Kelleher, J. W. Spangler, D. E. Fred-
erick, O. D. Fisher.
Fiscal Year Ends: Dec. 31. Number of Employes: 40.
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized Outstanding
. $100 20,000 shs 15,000 shs
No par 400.000 shs $2.000.000
1. 69% Cum. Pref. Stock...........
2. Common Stock ..
1. 6% CUMULATIVE PREFERRED STOCK '
Provisions: Preferred over common per annum paid quarterly, Jan. Apr.
stock oy to 6% Zana) Svidengs and as July and Oct. 1st.
to assets in event o iguidation. .
Callable: At par and accrued inter- Aa He Otfering by: The Company
est on 60 days’ notice. ” ’ :
Dividends: Beginning Jan. 1, 1930. 6% Number of Stockholders: 650.
2. COMMON STOCK
Ownership: All owned by _stock- Paid In Equity: Original 400,000
holders of First Seattle Dexter Horton cas
National Bank, each share of bank shares were paid in at $5 per share.
stock carrying with it a share of Se- »
curities stock, which cannot be sold Voting Power: Common stock ha
separatelv sole voting power.
FIRST SEATTLE DEXTER HORTON GROUP
CONSOLIDATED STATEMENT OF RESOURCES, As of Dec. 31. 1929
- Surp. and
Capital TUndiv. Profits Deposits Total Resources
1st Seattle Dexter Horton........$8,000,000 $2.02A.641 $78,328,402 $ 93,815,759
Metropolitan Nat. Bank........... 5CC n00 coe 10,655,257 11,669,423
1st Greenwood Nat. Bank... . n¢ 604,822 639,256
First Security Bank... ‘ £89,170 1,861,814
Dexter Horton State Bank... ~1 B85 892,182
First Canal BanK..oeeeeeeen. 0 627,157
First Rainier Valley Bank... 2 472.177
r
TOTAL _.......
CC T$2.810.000
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202.029.9921
e100 978.771
GUARANTY TRUST COMPANY
GENERAL OFFICE: 172 Broadway, Portland, Ore.
BRANCH OFFICES: Salem, Marshfield, Coquille, LaGrande, Eugene. North Bend.
Silverton and Klamath Falls, Ore.; Anchorage, Alaska.
HISTORY: Incorporated under laws of Oregon August 19, 1912, under name Ore-
gon Bond and Mortgage Co. Name changed 1924.
BUSINESS: Company issues first mortgage bonds, secured by first mortgages
on improved real estate in Oregon. Also operates general insurance and prop-
erty management departments.
SUBSIDIARIES: National Investment Corp. incorporated under Oregon laws
April 28, 1927; holds title to all company’s real estate.
OFFICERS: A. J. Perkins, Pres.; J. S. Magladry, Vice Pres.; L. R. Holmes. Ser
Treas.
