Full text : Thomson's manual of Pacific Northwest finance

LUMBER AND TIMBER COMPANIES

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JOHN E. DUBOIS

GENERAL OFFICE: Dullois, Pa.
P.N.W. OFFICES: Care West Oregon Lumber Co. Linnton, Ore.
HISTORY: Owns 6,720 acres of timber land in Tillamook County, Oregon, said
to contain 333,000,000 board feet.
228,000,000 feet sold to West Oregon Lumber Co., Linnton, Ore., under contract
 to start logging operations in 1930, at fixed price of $612,956, payable
325,000 cash and balance in annual installments of from $70,000 to $130,000, terminating
 Jan. 1, 1935.
First Mortgage Serial Sinking Ratc Dated Due Authorized Outstd.
nnd Gold Bonds....... ............ 6% 1-15-30 1931-34 $390,000 $390,000
interest Payable: April and Oct 15, Sinking Fund: Payable to Trustee as
. trustee's office. timber is cut or released from mort-I’rincipal
 rT Lon Sash gage.
vear as follows: 1931, 60, ; 1932, - 5 . '3 20, T i
$100,000; 1933, $110,000; 1934, $120,000, aan Status: Co. pays 2% Fed. income
Trustee: Continental Illinois Bank & N . . .
Trust Co. and Walter A. Graff, Chicago. _ Security: Direct obligation of John
Registerable: As to principal. Z. Du Bois, and first mortgage on
Denominations: $100, $500 and $1,000. 3,720 acres, cruising 333,000,000 board
Callable: On 30 days’ notice on any ‘eet in Tillamook County, Oregon.
mterest date at 101% and accrued in- Offered by: Baker, Fentress & Co.,
terest. Chicago. Jan., 1930, to vield 6% %.

EASTERN RAILWAY AND LUMBER COMPANY

GENERAL OFFICE: Centralia, Wash.
HISTORY: Incorporated under laws of Washington, 1903.
BUSINESS: Operates its own logging camps, logging railroad, sawmill, planing
mill and shingle mill; manufactures also crossarms. Operates through stock
pwnership the Western Crossarm & Manufacturing Company.
PROPERTY AND PLANTS: 2731 million feet of timber, 859% fir, valued at approximately
 $4 per thousand, in Lewis County, Wash. Sawmill in Centralia,
Wash, with a daily capacity of 125,000 feet and shingle mill 200,000 shingles,
Crossarm plant capacity is 50,000 feet; all capacities based on 8-hour shift. Total
raluation, $2,249,283.
OFFICERS: Jay Agnew, Pres.; W. H. Copping, Vice Pres.; Reid F. Hubbard.
“ec.-Treas.; S. A. Agnew, Gen. Mgr. all of Centralia, Wash.
GENERAL AUDITORS: Samuel F. Racine & Co., Seattle, Wash.
Fiscal Year Ends: April 1.
IUNDED DERT, As of May 1, 1930
First Mortgage Serial Rate Dated Due Authorized Outstanding
Gold Bonds . 6% 4-1-27 1928-37 $350,000 $245,000
interest Payable: April and Oct. 1, days’ notice at 103 and interest for
at office of trustee. fiscal year ending April 1, 1928, reduc-Principal
 Payable: Due $35,000 an- ing 14% each year thereafter.
nually each April 1, 1928 to 1937, incl. Tax Status: Company pays normal
. ! 29% Federal Income Tax.
Trustee: Equitable Trust Co. and Security: First mortgage on all
flobert Emery Smith, Portland, Ore. fixed assets.
Registerable: As to principal only. Legal Opinion by: Reynolds, Flogel
: . & Smith, Portland, Ore.
Denominations: $1,000, $500, $100. Offered by: L.Lumbermen's Trust
Callable: In inverse order upon 30 Co.. April, 1927,

EWAUNA BOX COMPANY

GENERAL OFFICE: Klamath Falls, Ore.
BUSINESS: Engaged in general lumber business, owning and operating its own
logging camps, railroads, sawmills, planing mill, dry kilns, and box factory.
PROPERTY AND EQUIPMENT: Logging camps, railroad and mills and equipment
 and other property valued $1,759,715. Company has 525.000.000 feet of timber
 under contract from U. S. government,
OFFICERS: C. B. Crisler. Pres.: C. H. Daggett, Vice Pres.: Fred Schallock. Secy.:
J. F. Daggett. Treas
Fm STATEMENT, Ax of Dee. 31, 1929
Mo... Rate Dated Due Authorized Outstanding
eee 6% 7-1-26 1927-38 $600.000 $425,000
Interest Pavable: Jzn. 1 and July 1. before July 1, 1927, reducing 3; % each
Principal Payable: $25,000 semi-an- year until reaches 101.
aually each Jan. 1 and Julv 1, 1927- Sinking Fund: $5 per M on all com-38,
 pany owned timber, as cut.
Trustee: Equitable Trust Co., Port- Tax Status: Company pays normal
‘nd, Ore. Federal income tax up to 29%.
Denominations: $1,000. $500, $100. Offered by: Lumbermens Trust Co..
Usallable: On 60 davs’ notice at 10214 Juiv, 192s
            
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