BEr AND TIMBER COMPANIES
Par Value Authorized
Capital Stock oo iia. $5.00 $15,500,000
Dividends: No dividends have been paid on ordinary stock.
Transfer Agent: Company's office.
,-
Outstanding
$15,365,000
COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31
ASSETS—
Property and Equipment ............. ....._.#§
Investments eens
Cash o.oo eee een eeamamnan een
Dep. With TROLL mmummsmerremsempmmns
Accounts Receivable
Inventory cocoa...
Deferred Charges ooo iii.
Trust Accounts ....
Valuation Adj. ..........
TOTAL ASSETS
1929
7.381,924
627,983
568,825
66,000
,482,387
"88,375
R7 €55
“Hn 2
vud a
1928
$17,900,985
2,285,266
315,133
72,633
17,726
1927
$14,032,324
11,902,540
501,543
84,284
PR,619
1,143
rQ qQ7
LTABILITIES
Japital StocK a...
Funded Debt .........
Accounts Payable o.oo.
Tax Reserve, €tC. ..o.ocooiiiiioaaaaanne.
Depreciation Reserve _..........
Other Liabilities _._.
survius ....
mmeenmereseeenenneennaenae- 9 15,365,000
1,052,148
"72,594
#,00¢
8
15,500,000
%,506,510
189,505
308,155
66,819
276,018
144.252
+34,191.€50
Note: There are arrears of interest of $2,573,328.32 accumulated on 3% Cumu-
lative Income Debenture Stock as at December 31. 1929. payable only when net
cArTnings are available
TOTAL LIABILITIES ....
COMPARATIVE INCOME STATEMENT, Years Ending Dec. ~-
Net Operating Earnings..
Other Income .....
Total Income
Interest, Amortizal
-
1927
“53,970
Net Income
Earned, per share
FUNDED DEBT, As of Dec. 31, 1929
Authorized Outstd.
£1,629,314 (32,507.491—£608,600)
£1.384.3114 (25 544 656—£1.129 2132)
Issue—
I. First Mort. Deb. Stock..........
2. Cum. Income Deb. Stock.
I. FIRST MORTGAGE DERENTURE STOCK.
Interest Payable: J&D 1 at any
branch or agency of The Canadian
Sank of Commerce. !
Trustee: British Empire Trust Co.,
.td.., London.
Callable: Dec. 1, 1945, at par. Call-
ible on one month's notice at par.
Sinking Fund: provided of $1.50 per
L,0V0 ft. of logs, lumber or timber sold
by the Canadian Western and Columbia
River Co.'s ¢ach year, if shortage pro-
vided from profits of future vears.
Security: By a first and specific
mortgage on all freehold lands, plant,
squipment ,timber leases, etc.,, and a
floating charge on all other asseta
Other details: Interest deferred 1915-
919. In 1920 and 1921 paid 10%, 5% for
<ear and 5% on arrears. 1922—59% cur-
year and 5% in arrears. 1922—515 cur-
“ent interest and 49 arrears. June,
1924—21% 9% and 9.49% on arrears. Li-
juidated arrears. Dec. 1924—21,9% and
semi-annually thereafter
DEBENTURE STOCK.
Interest Payable: J&J at any branch par. Redeemable Dec. 1, 1945, at par
D1 agency of the Canadian Bank of } .
‘ommerce, Toronto. Sinking Fund: See No. 1
Trustee: DBritish Empire Trust Co., Security: By a fixed charge on the
.ondon. property of the company and a float-
Callable: On one month's notice at ing charge on remaining assets.
