SECTION V.
PULP AND PAPER COMPANIES
Including operating pulp and paper companies
in the Pacific Northwest whose securities are
in the hands of the public.
BRITISH COLUMBIA PULP & PAPER (CO. Ltd.
GENERAL OFFICE: 602 Hastings St.,, Vancouver, B. C.
MILL OFFICE: Port Alice, B. C.
HISTORY: Incorporated under laws of Canada, Dec. 24, 1925, to acquire the as-
sets and properties of the Whalen Pulp & Paper Mills, Ltd., at a forced sale. The
latter was formed in 1917 and acquired British Columbia Sulphite Fibre Co. IL.td.,
Empire Pulp & Paper Mills, Ltd.,, and Colonial Lumber & Paper Mills, Ltd.
BUSINESS: Manufactures pulp which it markets for book, writing and other
papers in the United States .and other countries.
PROPERTY: Company owns and operates a bleached sulphite plant at Wood-
fibre, B. C., with a daily capacity of about 110 tons, and a sulphite pulp mill at
Port Alice, B. C,, having a capacity of about 100 tons per day. Controls approx-
imately 155,000 acres of leasehold timber lands, estimated to contain about 6,000 -
000 feet of timber. Company also owns a lumber, shingle and pulp mill at Swan-
son Bay, with a capacity of 40 tons per day.
OFFICERS: Lawrence Killam, Pres.; W. J. 3B. Wilson, Vice 7
son, Treas.; Ethel M. Dominy, Secy.
George Kidd, W. H, Malkin. R. C. Buchanan, O. A. Jor= nsec
B. C.; I. W. Killam, Victor E. Mitchell, of Montreal
GENERAL AUDITORS: Price, Waterhouse & Co.
Fiscal Year Ends: Dec. 31. Annual Meeting: Last Thurs
CAPITALIZATION, As of Dec. 31, 19%
Par Value Authorized
7% Cum. Red. Pref. Stock..cccceeeeeeeee... $100 $1,000,000
Common Stock veecveeeneeaeeoNO Par 150,000 shs
Qutstanding
$556,200
100.000 shs
i. 7% CUMULATIVE REDEEMABLIE PREFERENCE STOCK
Dividends: Payable quarterly Feb. 1, Montreal & Vancouver.
ete. Initial dividend paid Feb. 1, 1927, Registrar: (Canadian Trust Co., Mon-
of $8.75, covering 15 months’ accrued treal, and Roval Bank of Canada. VVan-
and $1.75 paid quarterly thereafter to couver.
March, 1930. Listed: Traded on Toronto Stock Ex-
Transfer Agent: Montreal Trust Co., change.
2. COMMON STOCK
Dividends: None paid
1930.
Listed: Traded on Toronto Stock Ex-
change.
COMPARATIVE INCOME STATEMENT, Years Ending Dee. 3
Net Operating Earnings.......
Depreciation and Taxes.
no
102¢€
03 29,
4
Net Earnings
Interest on Bonds
Net Profit ........................
Preferred Dividends
Surplus for the vear....................ocoooiiii.
Earned, per share Preferred Stock................
Earned, per share Common Stock. ~
- 4
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