THOMSON'S MANUAL
DEER PARK LUMBER COMPANY
GENERAL OFFICE: Deer Park, Wash.
HISTORY: Incorporated under laws of Washington.
BUSINESS: Lumber manufacturing and logging in the white pine district of
Eastern Washington, near Spokane.
PROPERTY: Properties of the company, which are located in Stevens and
Spokane Counties, Washington, include 105 acres of land on which the sawmill
stands: the mill is of brick and steel construction; 10,000 acres of land, cruising
71,000,000, feet of timber appraised at $193,694.50; 9,600 acres of the land are
owned in fee, and approximately 20 miles in railway and logging equipment.
OFFICERS: W. M. Leuthold, Pres.; R. L. Wilson, Secy.
. FUNDED DEBT, As of Mar. 1, 1930
First (Closed) Mortgage Rate Dated Due Authorized Outstanding
Gold BONAS .ooeoeeaeeieaeeeeeeennee 1% 2-1-23 1923-33 $250,000 $75.000
Interest Payable: Aug. 1 and Feb. 1, 29% Federal Income Tax.
at office of trustee or Ferris & Hard-
grove.
Principal Payable: $12,500 each Aug.
and Feb. 1, 1923 to 1933.
Trustee: First Nat. Bank & Trust
“o., Spokane, Wash.
Registerable: Coupon bonds.
Denominations: $1,000 and $500.
Callable: At 60 days’ written notice
to the trustee at $102.
Sinking Fund: Payments to be made
to trustee quarterly in advance of cut-
ting of any timber covered by mort-
gage.
Tax Status: Company pavs normal
Security: First closed mortgage cov-
ering real estate, buildings, or property
owned or acquired and including the
assignment of a contract with the gov-
ernment covering government and In-
dian land on which there is standing
ahont 275.000.000 feet of timber,
Legal Opinion by: Donworth, Todd
& Higgins for the bankers, and Graves,
Kizer & Graves for the company, for-
mer, Seattle; latter, Spokane.
Offered by: Ferris & Hardgrove,
Spokane and Seattle, Wash.. Feb. 1.
1923 at $100.
DOLLAR PORTLAND LUMBER COMPANY
GENERAL OFFICE: Foot of Lincoln St., Portland, Oregon.
CONTROL: Robert Dollar Co., San Francisco owns 51%.
HISTORY: Incorporated under laws of Delaware, 1923, for the purpose of suc-
ceeding the Portland Lumber Co.; established in 1877.
MANAGEMENT: R. Stanley Dollar, Pres.; H. M. Lorber. Vice-Pres.; D. T. Buckley,
Secty. & Treas.
DIRECTORS: Capt. Robert Dollar, R. S. Dollar, H. M. Lorber, L. J. Wentworth.
PROPERTY: Company owns 14,000 acres of standing timber known as Calapooia
ract, located on Calapooia River in southeastern part of Linn County, Ore.;
and approximately 10,000 acres of timber in Lane County, Oregon, known as
Fall Creek tract. Two tracts are estimated to contain 1,406,984,000 ft.
Company also owns 12 1/10th acres in Portland, Ore. with 600 ft. frontage
on Willamette River, together with modern electrically driven saw mill.
Company owns 50% of outstanding stock of Ritan-Wentworth Lumber Co,
whose holdings consist of approximately 200.000.000 ft. of timber in Clatsop,
ane and Douglas Counties, Ore.
REORGANIZATION: Under plan of reorganization, dated May 1 ,1928, bond
holders deposited over 929% of bonds with Anglo-London Paris National Bank,
San Francisco, and authorized the Robert Dollar Co. to take steps to foreclose
under first mortgage. Under plan, total of $1,480,850 of 5% first mortgage bonds
of Eugene Lumber Co. a Nevada corporation, will be exchanged for deposit
certificates issued by Anglo and London Paris National Bank for 7% First Mort-
gage Bonds of Dollar Portland Lumber Co., deposited in accordance with deposit
agreement between bondholders of Dollar Portland Lumber Co. and Robert
Dollar Co., May 1 ,1928, after default of interest and principal. Eugene Lumber
Co. bonds are to be unconditionally guaranteed as to pavment of interest and
principal by Robert Dollar Co.
Bonds were dated May 1, 1930, and mature May 1, 1950, and will be retired
peginning May 1, 1936 ,at annual rate of one fifteenth of issue. Properties of
Dollar Portland Lumber Co. have been transferred to Eugene Lumber Co.
New bond issue is equal to total determined value of 7% bonds of Dollar
Portland Co., plus cost of coupons purchased. together with expenses of fore-
~alosure.
