Full text: Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL 
UTAH POWER & LIGHT COMPANY 
GENERAL OFFICE: Salt Lake City, Utah. 
CONTROL: By Electric Power & Light Corp., 2 Rector St.,, New York. 
HISTORY: Incorporated under laws of Maine, Sept. 6, 1912. 
BUSINESS: Company, directly or through its subsidiary, supplies electric power 
and light service in 281 communities, including Salt Lake City and Ogden, Utah 
(operations in which two cities are conducted in part under long term lease- 
holds), and many other cities and towns and also to extensive rural districts in 
Utah, southeastern Idaho, southwestern Wyoming and southwestern Colorado. 
Company has a number of long term contracts for the sale of large blocks of 
power. Company serves more than 109,600 electric customers. 
PROPERTY: Company owns all securities (first mortgage bonds and capital 
stock) of the Western Colorado Power Co. and all capital stock (except directors’ 
shares) of the Utah Light and Traction Co. Electric power and light properties 
of the latter are operated, under a 99-year lease (from Jan. 1, 1915), by Utah 
Power & Light Co. which, together with The Western Colorado Power Com- 
pany, now operates generating plants having a total installed capacity of 237,117 
k.w., of which 198,327 k.w. is hydro-electric. The present transmission and dis- 
tribution systems owned and leased by the company, together with those of 
Western Colorado Power Co., total 5,462 miles. 
SUBSIDIARIES: Utah Light & Traction Co., Western Colorado Power Co. 
OFFICERS: G. M. Gadsby, Pres. and Gen. Mgr.; John F. MacLane, Vice Pres. & 
Gen. Counsel; S. R. Inch, Vice Pres.; D. F. McGee, Vice Pres.; E. W, Hill, Vice 
Pres.; George B. Thomas, Vice Pres. & Sec’y; P. M. Parry, Vice Pres. & Commer- 
cial Mgr.; E. P. Summerson, Asst. Sec’y; H. L. Martin, Asst. Sec’'y; R. H. Jones, 
Treas. & Asst. Sec'y; J. W. Twelves, Asst. Treas.: A. C. Ray, Asst. Treas.; G. J 
Hickman, Asst. Treas. 
DIRECTORS 
Lafayette Hanchett, Salt Lake City. 
Herbert S. Auerbach, Salt Lake Cit 
A. P. Bigelow, Ogden, Utah. 
C. P. Castle, Salt Lake City. 
L. H. Farnsworth, Salt Lake Cit; 
Joseph T. Farrer, Provo, Utah. 
J. W. Funk, Richmond, Utah. 
G&. M. Gadsby, Salt Lake City. 
OC BE. Groesbeck. New York. 
Charles Hayden, New York. 
John C. Howard, Salt Lake City. 
S. R. Inch, New York. 
Stephen H. Love, Salt Lake City. 
S. Z. Mitchell, New York. 
C. W. Nibley, Salt Lake City . 
C. H. Solier, Evanston, Wyo. 
¢ CC. Wright. Idaho Falls, Idaho. 
FAPYTALIZATION, As of Dec. 31, 1929 
Par Value Authorized Outstanding 
$7 Preferred SOCK. nnaeeaecasnmeenemaeane) OD PAT 300,000 shs 210,564 shs 
$6 Preferred SLOCK aaaeecemresennammeeenesl 1 O PAT 210,000 shs 34,491 shs 
Common StOCK eeeeeeeeaccaenmemeee -NO Par 3.000.000 shs 3.000.000 shs 
L. 
%. 
3 
1. $7 PREFERRED STOCK 
Provisions: Has equal preference Ex-Dividend Date: Mar. June, Sept. 
with $6 Preferred stock as to assets and Dec. 5. 
and dividends. In liquidation entitled Transfer Agent: Guaranty Trust Co. 
ro $100 per share and dividends. New York, and Utah Savings & Trust 
_Callable: At $115 per share on any Co., Salt Lake City. 
dividend date on 30 days’ notice. Registrar: Bankers Trust Co. New 
Convertible: No. York, and Tracy Loan & Trust Co. 
Voting Power: Non-voting. Salt Lake City. Hava " 
Divi : i . Public Offering by: ayden, Stone 
sm ey & Co. and Electric Bond and Share Co.. 
dividend paid Aug. 31, 1913. and regu- 1926, at 101. 
I1arlv thereafter to date Number of Stockholders: 8.700. 
2, CUMULATIVE $6 
Provisions: Has equal preference 
with $7 Preferred stock as to assets 
and dividends. In liquidation entitled 
to $100 per share and accrued divi- 
dends. 
Callable: At $110 per share on any 
dividend date on 30 days’ notice upon 
vote of majority of Common stock. 
Tax Status: Company pays normal 
Federal income tax up to 2%. 
Dividends: Jan., Apr.. July, Oct. 1, 
PREFERRED STOCK 
initial dividend July 1, 1927, since con- 
tinued quarterly.- 
Ex-Dividend Date: Mar. June, Sept.. 
Dec. 5. 
Transfer Agent: Guaranty Trust Co., 
New York; Utah Savings & Loan, Salt 
Lake City. 
Registrar: Bankers Trust Co., New 
York, and Tracy Loan & Trust Co. 
Salt Lake City . 
Public Offering by: Ross, Beason & 
Co., Salt Lake City, June, 1927. 
Number of Stockholders: 1.900.
	        
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