— 
THOMSON'S MANUAL 
1, FIRST MORTGAGE 6% GOLD BONDS 
Interest Payable: Jan. 1 and July 1, was appointed, composed of F. P. But- 
at the First National Bank, Chicago. ler. chr.: Hugo Krause, F. D. Hester. 
Trustee: First Union Trust & Sav- eae ; 
ings Bank, Chicago. Sinking Fund: 59% of gross receipts 
Registerable: As to principal. from all sources for preceding 12 
Denominations: Coupon bonds, $100, months (but not exceeding $30,000 per 
5500 and $1,000. annum), to purchase and retire bonds 
Callable:’ At 101 on any interest in blocks of $10,000 or more at not to 
date. exceed 101. 
Default: Coupons in default since Tax Status: Company pays normal 
Tulv 1. 1928. A protective committee Federal income tax up to 2%. 
2. GENERAL 5% BONDS 
Trustee: First National Bank, Chicago. Interest in default. 
3. INCOME MORTGAGE 6% BONDS 
Interest in default. 
SPOKANE, COEUR D'ALENE & PALOUSE RAILWAY CO. 
GENERAL OFFICE: St. Paul, Minn. 
CONTROL: By Great Northern Railway Company. 
HISTORY: Incorporated under laws of Washington, Sept. 15, 1909, as Idaho 
Central Railway Co.; name changed to present Dec. 11, 1926. With approval of 
the Interstate Commerce Commission given April 21, 1927, company purchased 
lines of the Spokane & Eastern Railway & Power Co. and Inland Empire R. R. 
Co., both electric railways. Company commenced operation of these lines on 
June 1, 1927, prior to which date it had not been an operating company. Pur- 
chase price of these properties was $1,250,000, of which $442,000 represented par 
value of Coeur d'Alene and Spokane Railway Co., Ltd. first mortgage gold 5s, 
due Jan. 1, 1929, secured by a mortgage on the property of the Spokane & East- 
ern Railway & Power Co. and which were assumed and paid at maturity; the 
balance of $808,000 was paid in cash, advanced by the Great Northern Ry. Co. 
BUSINESS: The Company is an electric line doing a general freight and passen- 
ger business the same as steam roads. It operates no city lines. 
PROPERTY: Lines of railway operated Dec. 31, 1929, consist of 171.96 miles of 
main track, 0.24 miles of second track and 38.86 miles of sidings and turnouts; 0.67 
mile main line trackage; 0.16 mile sidings, etc.; trackage total 211.96. The lines 
extend from Spokane, Wash, southerly to Colfax, Wash. and Moscow, Idaho, 
126.53 miles, and from Spokane, Wash., easterly to Hayden Lake, Idaho, 45.43 
miles. Equipment owned Dec. 31, 1929. consists of 12 locomotives. 35 passenger 
cars 84 freight cars and 25 work cars. 
OFFICERS: Ralph Budd, Pres, St. Paul, Minn.; L. C. Gilman, Vice Pres., Seattle, 
Wash.; G. R. Martin, Vice Pres.; W. P. Kenney, Vice Pres.; C. 0. Jenks, Vice 
Pres.; F. G. Dorety, Gen. Counsel; F. L. Paetzold, Sec'y and Treas.; Geo. H. Hess, 
Jr., Compt.; J. R. Davis. Chief Eng.. St. Paul. Minn.: J. H. O'Neill. Gen Mgr... Seat- 
tle, Wash. 
BOARD OF TRUSTEES: Ralph Budd, G&G. R. Martin, F. G. Dorety. F. L. Paetzold 
St. Paul, Minn.; L. C. Gilman, Seattle, Wash. . 
Fiscal Year Ends: Dec. 31. Annual Meeting: 9nd Mon. in Jan. 
Number of Employes: Dec. 31, 1929. 205. 
CAPITALIZATION: Par Value Authorized 
Capital SOCK oo. coocrecmirmneneernnannanenen $100 $25,000 
Ownership: All Capital Stock owned by Great Northern Ry. Co. 
INCOME ACCOUNT, Years Endinz Dee. 31 
Outstanding 
20.000 
1929 
507,786 
691,965 
an 1RQ 
1928 
$ 610,011 
794,055 
22.853 
» 216,897 
23.742 
£3,155 
64.175 
1,325 
@ _948R RAKE 
Gross Revenue ........cc...... 
Operating Expenses _ 
Taxes _____ 
Operating Deficit ...... 
Non-operating Income ..... 
= 
NEt INCOME  cooooeoeooeieieeeeeaeeeceneeaeremeemnrmnmmemmasnsns memmasamees 2 0 ME 
Interest on Funded Debt... mieeneenesennnnanns eens £, 354 
Other DedUCtiONS oriieeecccctemcmacsnrmmrmrssssoommmmnsnmnoammsnanasmnasanrse 3372 
Deficit for vear........ en. 8 -232.717