Full text: Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL 
2 
LIABILITIES— 
Prior Preference Stock (7%) ...ooieeee 
Premium .cccoooeeemnne. ee me—maaaann 
BoAE .umemenipsssposwrummons CR 
Coupon Notes ............ 
Notes Payable ..cceeeen 
Accounts Payable ........ 
Accounts Not Yet Due 
Dividends Declared ... 
Depreciation Reserve ........ 
Special Depreciation Res. 
Road Equipment Depreciat. 
Operating Reserves 
Unadjusted Credits 
Capital Stock .oeoeeeee mann 
Barned Surplus occoommmececceininrmaenaes 2,. 
TOTAL LIABILITIES .oeeeeeeeee----$132.286.595 
FUNDED DF™T, As of June 1, 1930 
.e Dated Due 
6-2-24 6-1-49 
?-1-26 7-31 
-30 WFO 
-10 
-0¢ 
-f 
00 
9.000 
36 
357 
,091 
“.56¢ 
$10,000,000 
148,777 
55,674,500 
4,350,000 
2,700 
588,342 
1,787,562 
520,456 
4,447,709 
432,324 
117,388 
30,333 
«,498,648 
1,675,148 
$122.273.887 
$130.482.552 
Authorized 
$36,500,000 
* 5,000,000 
9,000,000 
3,000,000 
(00,000 
"90,000 
“30,000 
~00,000 
5,000,000 
2 000.000 
Outstd. 
$36,255,000 
$ 4,432,500 
$ 9,000,000 
3,990,000 
5 2.254,000 
$1,989,000 
$ 169,000 
$ 1,232,000 
$ 3,000,000 
e 1.228. 400 
1st and Ref. Mtge. Series A... 
1st and Ref. Mtge. Series B...... 
Ist and Ref. Mtge. Series C...... 
Pac. Coast Power CoO.ceueeann ee 
S.E. Co., Seattle-Everett Tr. <). 
Puget Sound Power Co....... .. 
Twin City Lt. & Pr. C — 
Whatcom County Ry. « Ji. CO. 
10-Year Gold Notes..... anna 
FE.-Vear Gold Notes ._ oo... 
gq, 
10 
. 06 
2-1-50 
Rel-928 
© 
4 = 
a] 
i. FIRST AND REFUNDING MORTG 
interest Payable: J&D 1, at Conti- 
nental Illinois Bank & Trust Co. Chi- 
cago; Bankers Trust Co.. N.Y. or trus- 
tee’s office. 
Trustee and Registrar: Old Colony 
Trust Company, Boston. 
Registerable: As to principal, coupon 
$500 and $1,000 registered $1000 and 
$10,000. 
Denominations: Coupon $500, $1,000 
and $10,000. 
Callable: As a whole or in part on 
any interest date; on June 1, 1930, at 
1043, ; thereafter decreasing 14% an- 
nually on Dec. 1 of each year to 100 
on Dec. 1, 1948; in any case with ac- 
crued interest. 
Sinking Fund: 11,9% of aggregate 
amount of bonds (including First and 
Refiindine Series A & B and underlving 
AGE 514% GOLD BONDS, SERIES A 
bonds) outstanding, payable Sept. 1, 
to which is credited any annual pay- 
ments to sinking funds of underlying 
bonds. 
Tax Status: Company pays normal 
Federal income tax up to 2%. 
Security: By first mortgage on sub- 
stantially all electric power and light 
properties and certain other property 
now owned or hereafter acquired, sub- 
ject to underlying liens, with provision 
for retirement thereof. 
Legal Opinion by: Gaston, Snow, Sal- 
tonsall & Hunt, Boston, for Company; 
Rushmore, Bisbee & Stern. New York 
for bankers. 
Offered by: Lee, Higginson & Co. 
Harris, Forbes & Co., Inc, Estabrook 
& Co., New York. 1924, at 97. 
2. FIRST AND REFUNDING MORTGAGE 5%% GOLD BONDS, SERIES B 
Tngerast Ravables PEA 1 at og al Sinking Fund: Same as Series “A.” 
ony Trus 0., oston; ontinenta - 2 
linois Bank & Trust Company, Chicago; naa Se Cor pany pays normal 
Bankers Trust Co., New York. . ° 
Trustee and Registrar: Old Colony Security: Issued under the same 
Trust Co., Boston. mortgage as $28,499,000 series “A 5s 
Registerable: As to principal and equally secured therewith. 
Denominations: Coupon $500 & $1000. Offered by: Lee, Higginson & Co. 
Callable: As a whole or in part on Harris, Forbes & Co., and Estabrook & 
Feb. 1, 1930, at 1001, decreasing to 100 Co., New York. 
on Aug. 1, 1930, in each case with ac- Date Offered: April, 1926. Price: 
rrued interest 99. 
3. FIRST AND REFUNDING MORTGAGE 5% GOLD BONDS, SERIES C 
Interest Payable: May 1 and Nov. 1, Sinking Fund: 114 9% per annum, pay- 
at Old Colony Trust Co., Boston; Bank- able in cash or bonds, of the aggregate 
ers Trust Co., N. Y.; Continental Illinois amount of bonds (including First and 
Bank & Trust Co., Chicago. Refunding Series C, A and B and un- 
Trustee and Registrar: 0ld Colony derlying bonds) outstanding, payable 
Trust Co. September 1, toward which are credited 
Registerable: As to principal only. the annual payments to sinking fund 
Denominations: $1,000. of underlying bonds. No sinking fund 
Callable: As a whole at any time or will be in effect after the Series A and 
in part on any interest date on notice B Bonds have been retired. 
as provided in the mortgage at a pre- Tax Status: Company pays normal 
mium of 5%, until May 1, 1931, decreas- ncome tax up to 2%. Penn. personal 
ing %9% thereafter on each date. prperty uo to 4 mills and Mass. taxes
	        
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