128

THOMSON'S

CAMPBELL RIVER TIMBER COMPANY, Ltd.

GENERAL OFFICE: Henry Bldg. Seattle, Wash.
HISTORY: Incorporated under laws of Washington, Oct., 1926.
BUSINESS: Logging in British Columbia.
PROPERTY: Company holds renewable lease from the Province of British Coumbia
 on approximately 27,504 acres of land cruising 1,240,344,000 feet of timber,
with an estimated value of $2,513,961, located in Sayward District. on Vancouver
‘sland, B. C. Timber is largely old growth yellow fir.
ROYALTIES: Company pays Dominion government 75c¢ to $1.65 per M as timber
s logged and annual fee of $140 per 640 acres.
OFFICERS: C. H. Cobb, Pres.; A. 8S. Kerry, Vice Pres.; J. W. Eddy, Vice Pres.;
J. G. Eddy, Sec.-Treas.; Edward I. Garrett, stockholder: Joshua Green. stockaolder.
 .
CAPITAL STOCK: Paid up, $850,000.
Rate
First Mortgage Bonds...................... 6%
Interest Payable: J. & J. 1 at office
of trustee.
Principal Payable: Due $122,000 each
Jan. 1, 1932 to 1940, incl, and $127,000
Jan. 1, 1941.
Trustee: Detroit & Security Trust
~o., Detroit, Mich.
Registerable: As to principal.
Denominations: Coupon. $500 and
81.000.

Dated Due Authorized Outstanding
1-1-27 1932-41 $3,000,000 $1,225,000
Callable: At $101 on any interest
date on 30 days’ notice.
Sinking Fund: Company pays quarterly
 to trustee $1.50 per M for all
timber cut.
Tax Status: Company pays normal
Federal Income Tax up to 2%.
security: First mortgage on lease
and timber held thereunder.
Offered by: Baker Fentress Co. Chicago.
 Iil., Jan., 1927.

CARLISLE LUMBER COMPANY
GENERAL OFFICE: Onalaska, Wash.
HISTORY: Incorporated under laws of Washington, June 7, 1922. Successor to
~arlisle-Pennell Lumber Co., incorporated in Kansas in 1903.
BUSINESS: Company operates modern sawmill of 70,000,000 feet annual capacity,
manufacturing lumber and shingles from Dougles fir, cedar. spruce and hemlock
-0gS.
PROPERTY EQUIPMENT: In addition to sawmill, company owns over 6,000
acres of timber lands in Lewis and Grays Harbor Counties, Washington, cruising
 more than 500,000,000 feet of merchantable timber. running {8% Douglas fir,
halance cedar, spruce and hemlock.
Company owns entire capital stock of Newaukum Valley Railroad, a common
 carrier, extending from Onalaska to Napavine, Wash., a distance of 11 miles.
Company also owns 12 miles of standard gauge logging railroad.
OFFICERS: W. A. Carlisle, Pres. and Gen. Mgr.: K. L. Carlisle, Vice Pres. and
Treas.: F. B. Carlisle, Vice Pres.; J. E. Stout, Secy.
DIRECTORS: XK. L. Carlisle, F. B. Carlisle, W. A. Carlisle, J. E. Stout, Mrs. W.
A. Carlisle, all of Onalaska, Wash.; W. A. Harwi, Atkinson, Kan.: T. M. Walker.
Kansas City, Mo. :
GENERAL AUDITORS: C. H. Plate, St. Louis, Mo.
Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Mon. in Feb.
CAPITALIZATION, As of Dee. 31, 1929
Par Value Authorized Outstanding
1. 7% Preferred Stock ..oooeiiinnaes $100 $1,000,000 3 627,000
2. Common Stock ooo... eae. $100 $2.500.000 $2.390.400

1. 7% PREFERRED STOCK
Provisions: Has preference as to as- Voting Power: When default in disets
 and gividenas. No new indebted- vidends occurs.
ness or stock, having equal or prior Dividends: 31 aid Oct. 15, 1925.
~ight with this issue can be created. Regular eo IR A. & O. 15 to
Callable: After one vear on anv di- 1928, incl.; Apr. 1, 1929, 3%, %. None
vidend date at 105. thereafter to Jan. 1, 1930.
2. COMMON STOCK
Provisions: Has exclusive voting fault in dividends occurs.
power with restriction, that preferred Dividends: No dividends paid or
stockholders mav also vote when de- Common to Jan. 1. 1930