FINANCE 
285 
FIRST BANK STOCK CORPORATION 
GENERAL OFFICE: Minneapolis, Minn. 
BUSINESS: Controls 85 banks within Ninth Federal Reserve District, including 
following in state of Montana: 
Midland Nat. Bank, Billings. 
Commercial Nat. Bank, Bozeman. 
Metals Bank & Trust Co., Butte. 
First Nat. Bank, Great Falls, 
Montana Nat. Bank, Havre, 
Am. Nat. Bank, Helena. 
National Bank of Montana, Helena. 
SUBSIDIARIES: First Securities Corp., First Bank Credit Corp. 
OFFICERS: C. F. Jaffray, Chairman; Geo. H. Prince, Pres.; Lyman E. Wake- 
field, Vice Pres.; Lyle C. Sholes, Vice Pres.; R. C. Lilly, Vice Pres.; A. McC. Wash- 
urn, Vice Pres. & Gen. Counsel; P. J. Leeman, Vice Pres. & Gen. Megr.; E. C. 
Kibbee, Vice Pres.; A. E. Wilson, Secy & Comptroller; M. M. Hayden, Treas.: M. 
A. Cooley, Asst. Secy. & Treas. 
Fiscal Year Ends: Dec. 31. Annual Meeting: Februarv 
CAPITALIZATION, As of Dec. 31, 1929 
Par Value Authorized 
ceeemeeee $25,000 10,000,000 shs 
CONDFNS™D BALANCE SHEET, As of Dec. 31, 1929 
RESOURC~ LIARILITIF 
Common Stock ._._ 
Cash on Hana......... 
Bonds & Commerc. 
Bills Receivable . 
Accounts Receivabl. 
Furniture & Fixte- 
Stocks eee 
Accrued Interer 
TOTAL ASSET oo 
“0,092 
Capital ........ 
Surplus & Undiv. 
Dividend Pavable 
3 
75,421,764 
16,698,616 
Toe.ord 
0 
TOTAL LIABILITIES ........$122.875.8495 
122.875.5956 
FIRST NATIONAL CORPORATION OF PORTLAND 
GENERAL OFFICE: Portland, Ore. 
CONTROL: Trans-America Corporation acquired control in June, 1930. 
HISTORY: Incorporated under laws of Delaware, Feb. 2, 1929. 
BUSINESS: An Investment Trust, principally holding stock of banks and trust 
companies. Company's policy is to maintain as reserve, substantial cash bal- 
ance and investment in marketable securities. During first year of operation 
(1929) the following acquisitions were made: 
26.8% First National Bank of Portland (carrying with it a pro rata interest 
in the Security Savings and Trust Co. and the Security Safe Deposit Co., both of 
Portland). 
All of Bank of East Portland shares and Geo. W. Gates & Co., Bankers, 
Portland, Ore., except directors’ qualifying shares. 
OFFICERS: C. F. Adams, Pres.; H. F. Corbett, Vice Pres.;: E .B. MacNaughton, 
Vice Pres.; E. R. Corbett, Secy.; Edw. H. Geary, Treas.; C. L. Minahan, Asst. Secy.: 
J. H. Mackie, Asst. Treas., all of Portland, Ore. 
DIRECTORS: C. F. Adams, E. A. Wyld, E. R. Corbett, E. B. MacNaughton, C. C. 
Colt, H. L. Corbett, H. F. Corbett, Henry C. Cabell, M. C. Woodard, Ben C. Dey. 
H. H. Newhall. Joseph Simon. 
CAPITALIZATION, Ax of Dec. 31, 1929 
Par Value Authorized 
No Par 300,000 shs 
No Par 12. 332 shs 
1. 
2? 
Class A StoCK.oooooooo 
Class B Stock... So 
Outstanding 
70,000 shs 
12 222 shs 
I. CLASS 
Provisiens: Entitled to $2.00 prefer- 
ential cumulative dividend and partici- 
pates share for share in further divi- 
dends after Class B has received $2.00 
per share per annum. In liquidation, 
Class A preferentially entitled to $60 
per share and accrued dividends and 
participates share for share after Class 
B has received $60 per share. 
No securities having equal or superi- 
or rights to Class A stock may be is- 
sued without 3% vote of Class A stock- 
A STOCK 
holders, except indebtedness maturing 
in 12 months secured by pledged col- 
lateral. 
Callable: Stock is non-callable. 
Voting Power: Non-voting, except 
when cumulative dividends unpaid 18 
months, in which event one vote per 
share until remedied. 
Tax Status: Dividends free from 
Normal Federal Income Tax up to 2%. 
Dividends: Regular $2.00 per annum