BANKS AND TRUST COMPANIES
1. FIRST MORTGAGE SERJAL GOLD BONDS
Interest Payable: F. & A. 1, at Con- weeks’ notice as follows: 103 for first
tinental Illinois Bank & Trust Co., 10 years; 102% for next succeeding 5
(Chicago, or Anglo-California Trust Co. years; 102 for next succeeding 5 years,
San Francisco. and 101 thereafter.
Principal Payable: Feb. 1, each year, Sinking Fund: Of $1 per 1,000 feet
$100,000, 1919-22, incl.; $150,000, 1923- of timber cut during first two years
30, incl.; $200,000, 1931-37, incl.; $500,- and $2 per 1.000 feet thereafter, to be
000, 1938-43, incl. used only for payment of principal of
Trustee: Yorkshire & Pacific Securi- bonds.
ties, Ltd.,, Vancouver, B. C. Tax Status: Company does not pay
Registrar: Continental Illinois Bank U. S. normal income tax.
Trust Co., Chicago. Security: First mortgage on prop-
Registerable: As to principal. erty, mills and timber.
Denominations: Coupon, $1,000. Por- Offered by: Continental & Commer-
ons of 1932-33-34 maturities in $500. cial Trust & Savings Bank, Chicago,
Callable: On any interest date on 4 I11., Feb., 1917.
Q.
2. GUARANTEED SUBORDINATED 30-YEAR SINKING FUND GOLD BONDS
Interest Payable: IF. & A. 1, at Guar- 31, 1926-30, $45,000 annually; 1931-35,
anty Trust Co., New York; Keinwords $60,000 annually; 1936-1940, $75,000 an-
sons & Co., London, Eng.; Anglo-Cali- nually; 1941-45, $90.000 annually.
fornia Trust Co., San Francisco. Tax Status: Company does not pay
Trustee: Yorkshire & Pacific Securi- U. S. normal income tax.
“ies, Litd., Vancouver, B. C. Security: Second lien on entire prop-
Registerable: ._As to principal. erty, subject to first mortgage bonds,
Denominations: Coupon $1,000. guaranteed as to principal and inter-
Callable: As a whole or in part on est by Crown Willamette Paper Co.
any interest date on 4 weeks’ notice at Offered by: Continental & Commer-
101%, cial Trust & Savings Dank, Chicago,
Sinking Fund: Years ending May Nov, 1924, 981.
POWELL RIVER COMPANY, Ltd.
GENERAL OFFICE: Powell River, B. C.
EXECUTIVE OFFICE: Minneapolis, Minn.
HISTORY: Incorporated under laws of B.C. July 13. 1911, and acquired the
property of the Powell River Paper Co.
BUSINESS: Produces newsprint paper.
PROPERTY AND PLANTS: Main plants located on tidewater at Powell River,
B. C.; daily capacity 475 tons of finished newsprint. Owns water power rights
which have been developed to produce 50,000 h.p., sufficient to operate all ma-
chinery and supply the townsite. Company has timber holdings on tidewater
estimated in 1928 to carry over 6,000,000,000 feet of saw timber.
OFFICERS: D. F. Brooks, Pres. Minneapolis, Minn.; M. J. Scanlon, Vice-Pres.,
Minneapolis, Minn.; S. D. Brooks, Vice-Pres., Vancouver, B. C.; P. A. Brooks, Sec.
Minneapolis, Minn.; A. S. Brooks, Treas., Minneapolis. Minn.; A. E. McMaster, Gen.
Mgr.., Vancouver, B.C.
DIRECTORS: A. S. Brooks, D. F. Brooks, M. J. Scanlon and P. A. Brooks, of
Minneapolis, Minn.; F. T. Griffith, Portland, Ore.; S. D. Brooks and A. E. Me-
Master, of Vancouver, I> 7.
GENERAL AUDITORS: “iw. Maclachlan & Co.
Number of Employees:
CAPITALIZATION:
1. 7% Cum. Pref. Stock.
2. Common Stock
‘Talue Authorized
$100 $5.500,000
$100 $4.500.000
Outstanding
$5,250,600
$3.500.400
PREFERRED STOCK.
Voting Power: Entitled one vote in
event four consecutive dividend periods
in arrears, or in event of any change
in business procedure.
Dividends: Paid regularly quarterly,
Mar., June, Sept. and Dec. 1.
Issued: 150% stock dividend on com-
mon stock, Sept. 1, 1926.
Public Offering by: Wells - Dickey
Co., Minneapolis, Minn., Oct., 1927
2. COMMON STOCK.
Voting Power: Has exclusive voting stock dividend of 150% was paid. Late-
power except as stated under preferred. ly, annual 10% cash dividends reported
Dividends: Sept, 1. 1926. a preference paid.
YT™ DERT, As of Mar. 1, 1930
te Dated Due Authorized Outstanding
“erinl Gold Notes... 2% 2-1-26 2-1-33 $35,000,000 $2,000,000
Interest Payable: Feb. 1 and Aug. 1, lows: Feb. 1, 1931, and 1932, $750,000
It trustee's office. each; Feb. 1, 1933, $500.000.
Principal Payable: Retired to March, Trustee: Minneapolis Trust Co.. Min-
1930. $2.000 000. Remainder due as fol- neanolis Minn