THOMSON'S MANUAL
ANDERSON & MIDDLETON LUMBER COMPANY OF OREGON
GENERAL OFFICE: Cottage Grove, Ore.
HISTORY: Incorporated under laws of Washington, in 1923.
BUSINESS: Owning and operating sawmills, timber lands and logging camps.
PROPERTY: Company owns two sawmills at Cottage Grove, Ore, with combined
daily capacity of 210,000 feet; 2,643 acres of land and timber owned in fee; tim-
ber only on 1,176 acres, located in Lane County, Oregon. Holds cutting contracts
on 1,784 acres and contract with the U. 8S. Dept. of Agriculture for timber on
5,900 acres in the Umpqua National Forest, all available to company’s operations.
SUBSIDIARIES: Company owns all capital stock and bonds of Oregon, Pacific &
Eastern Railway Co., capitalized at $200,250, with $330,361 in first mortgage
bonds outstanding on Mar. 31, 1930; operating 20 miles of main line, and 9 miles
of secondary track, out of Cottage Grove to company’s timber holdings.
OFFICERS: S. M. Middleton, Pres.; W. H. Abel, Vice Pres.; G. E. Anderson, Sec.:
H. N. Anderson; Jr., Treas.
DIRECTORS: W. H. Abel, G. E. Anderson, Henry N. Anderson, H. N. Anderson,
Jr., S. M. Anderson, A. W. Middleton, all of Aberdeen, Wash.
RECEIVERSHIP: On Dec. 1, 1929, company defaulted interest on its $630,500
‘irst mortgage bonds.
On Jan. 1, 1930, a bondholders’ protective committee was formed. On Jan.
22, 1930, U. S. District Court at Portland, Ore. appointed Geo. T. Gerlinger as
-eceiver, with authority to issue receiver's certificates in payment of current
iabilities.
PROTECTIVE COMMITTEE: Thomas F. Gleed, Ralph T. King and T. Henry
Boyd; address, 222 Pacific Bldg. Portland, Ore.
CAPITALIZATION: Par Value Authorized Outstanding
Common SOCK coco. ceeeeeeeeeeeaeeamreeeennnen- $100 $1.400.000 $1,400.000
DIVIDENDS: None paid.
BALANCE SHEET, As of Oct. 31, 1929
ASSETS LIABILITIES
Durable Fir Lbr. CO. cceeeeeeeeeee.d 29,086
Accounts Payable _.............- 3,721
Notes Payable __... 95,000
Payrolls ........c.... 1,116
Taxes Accrued ...... 8,590
‘nterest Accrued 19,180
Bank Overdraft . 1,610
funded Debt coves 630,500
Capital Stock aceeiiiiiiees 1,400,000
BNTOIUS cern evmmissssmpmmee sven 233.705
TOTAT, I.TARIILITIES . .......$2.430.97&
CAS ceceeereee cee meee $
Accounts Receivable _............
Advance to Forest Service........
[nventories omovies
0. P. & E. Ry. Co. Bonds, e™...
U. 8S. Gov. Raond-
Plants .......
Logging Equicmert
Railway Equipmen:
Camp Bldgs. etc. Lo
Timber Account .... . J84,048
Neferred Accounts 60.133
TOTAL ASSETS oieeeenen2-..$2.430.978
. FUNDED DEBT
First Mortgage & Collateral Rate Dated Due Authorized Outstanding
Tr. Sink. Fund Gold Bonds.... 6%% 6-1-25 6-1-37 $1,000,000 $630,500
Interest Payable: June and Dec. 1, M on all lumber cut in company’s mills,
at trustee's office. other than logs from company’s fee
Trustee: Portland Trust & Savings timber.
3ank, Portland, Ore. Security: First mortgage on saw-
Sinking Fund: $3 per M on all tim- mills and all timber owned in fee; all
ber owned in fee as cut; $1 per M on timber contracts: $300,000 first mort-
all contract timber; 50c per M on logs gage bonds and all Common stock of
hauled over O. P. & FF. Rv and 50¢c per 0O P & EF. Rv.
AIRCRAFT PLYWOOD CORPORATION
GENERAL OFFICE: 1319 West Nickerson St. Seattle, Wash.
HISTORY: Incorporated under laws of Washington, Julv 1. 1929.. succeeding
Gould Lumber Co., incorporated 1910.
BUSINESS: Manufacturers of veneer and plywood, primarily for use in aircraft
and automobile body manufacturing. Also operate sawmill manufacturing general
lumber specifications.
PROPERTY AND PLANTS: Company owns 9-acre site on Lake Union canal, in
Seattle, on which there is a veneer plant, with daily capacity of 200,000 square
feet of veneer and 70,000 feet sliced spruce. Also sawmill, 115.000 feet daily
zapacity.
SUBSIDIARIES: 519% Washington Veneer Co., Olympia, Wash. acquired in Nov.
1929,
MANAGEMENT: J. L. Peters, Pres.; E. C. Metzger, Vice Pres.; J. C. Sams, Sec.-
Treas., all of Seattle, Wash.
DIRECTORS: Lawrence M. Arnold, A. H. Gould. J. 1. Peters. E. C. Metzger. J. C
ams
