SECTION 1V.
LUMBER and TIMBER COMPANIES
Including all lumber and timber companies
in the Pacific Northwest whose securities
are in the hands of the public.
AMERICAN TIMBER HOLDING COMPANY
GENERAL OFFICE: 1st Nat. Bank Bldg. Milwaukee, Wisc.
HISTORY: Incorporated under laws of South Dakota, Feb. 1, 1909.
BUSINESS: Duying and selling timber lands. Organizers turned in 600 million
feet of timber in return for common stock.
PROPERTY: 125,000 acres timber land in Oregon and British Columbia said to
cruise about 300 million feet.
DFFICERS: M. J. Scanlon, Pres.; F. J. Schroeder, Vice Pres.; C. P. Mayer, Vice
Pres.; C. A. West, Sec.-Treas. }
DIRECTORS: M. J. Scanlon, Minneapolis, Minn.; M. I3, Webber, Winona, Minn.;
Jas. A. Carley, Plain View, Minn.; E. E. Pinney, Cedar Rapids, lowa; F. J
Schroeder, W. C. Parker, Geo. A. West, C. P. Mayer, Herman Falk, E. G. Wunster
C. P. Tinkham, all of Milwaukee, Wis.
Fiseal Year Ends: Dec. 31. Annual Meeting: 2nd Thurs. ‘r
CAPITALIZATION, As of Dee. 31, 1929
ar Value Authorized
. 100 $5,000,000
- in svevanen BLU0 $1,000,000
6% CUMULATIVE PREFERRED STOCK
_ Provisions: In addition to cumula- as dividends.
tive dividends at 6% per annum, is en- Dividends: Accrued dividends Jan.
titled to % profits derived from sale of 1, 1912, incl, were paid in 192¢ and
all timber owned by the company, in- 1925; none since.
cluding that turned in for common Transfer Agent: The Company.
stock. Preference as to assets as well
COMPARATIVE INCOME STATEMENT, Years Ending Dee. 31
1929 928
1¢ 22
4 “Th
Gross Revenue o.oo...
.ess: Value of Timber Sold...
Operating Expense ..
Net Operating Loss ......
Dther Income ..............._
Balance ................
[nterest, Amortization. ete,
Net Loss for vear --. , 00,0 vu
COMPARATIVE (CONSOLIDATED RAF ANCE © “IT. As of Dec.
a0
Cash SERRE RRR TEE TAS
Accts. and Notes Receivable...
Contracts ............
Timber Holdings
Furniture and Fi
TOTAL ASSF-LIABILITIE
Preferred Stock
Common Stock .
Notes Payvable .._...
Other Liabilities ... eames
Judgment Payable ___.....
Surplus ..... LL Ce emma an mannan
TOTAL, LIART.ITIES
need
oo
04
ne
on
HE
9g
212
5
+ 190 645
$4 21 £55
A)
Dg
. 0.53540
090,000
1.500
1.942
Ten
SN
ey
