Full text : Thomson's manual of Pacific Northwest finance

.UMBER AND TIMBER COMPAN)

1

LONG-BELL LUMBER CORPORATION
GENERAL OFFICE: R. A. Long Dldg., Kansas City, Mo.
PACIFIC NORTHWEST OFFICES: l.ongview, Wash.
HISTORY: Incorporated under laws of Maryland, Nov. 21, 1924, as a holding
company. Owns 999% of capital stock of Long-Bell Lumber Co. incorporated in
Missouri in 1884. Business started as R. A. Long & Co. in 1875.
BUSINESS: Company, through its operating subsidiary, is one of the largest
producers of lumber and lumber products in the world. Operates in Washington
 and Oregon. Douglas fir, California white pine, southern yellow pine and
hardwood.
PROPERTY: Company owns 484.524 acres of timber lands, containing more than
10,000.000,000 feet. It owns approximately 600,000 acres of logged-off lands; 9
sawmill plants with 2,850,000 daily capacity; 116 retail lumber yards; 300 miles
of railroad.
LONGVIEW: In 1922 company bought large tracts of timber in Cowlitz County,
Washington, and laid out and developed the city of Longview, at junction of
Columbia and Cowlitz rivers, as one of the few “planned” cities in the world.
City was laid out primarily for the company's employes. In 1930 the population
was more than 10,000, with diversified industries
DIRECT SUBSIDIARY:
The Long-Bell Lumber Company (98.94¢ ~wrre”
The Long-DBell Lumber Corporation)
SUBSIDIARIES OF THE LONG-BELL LUMBER COM" % Owned
L.ong-Bell Farm Land Corporation. ernerneeneenee 200.009%
The Longview Company... eee 00.00
The Longview Suburban Company. ..........ooooooien. ceeeeeee DOL0OO
The Longview Dredging & Construction Company.. vesmpnes «OY
The Longview Stevedoring Company .... ............. cee 00.00
Longview, Portland & Northern Railway Combpanv....................  ...... 00.00
l.ong-Bell Service Station, Inc. ...... rere emeeaeeee D000
I.ouisiana & Pacific Railway Company...............  eeemeaeeeene. 90.196
The Sibley, Lake Bisteneau & Southern Re 'wav Companyv................ 94.638
Mississippi Eastern Railway Company.......... eeeememeee 99.339
SUBSIDIARIES OF THE LONGVIEW COMPAN. 2% Owned
The Longview Ferry Company.....o..oooeceeeen... 100.009%
Longview Public Service Company....... 100.00
Longview Memorial Park _. ~ 100.00
OFFICERS AND DIRECTORS: R. A. Long, Chair., Kansas City, Mo.; M. B. Nelson.
 Pres, Kansas City, Mo.; J. H. Foresman, Vice Pres, Kansas City, Mo.: J. D.
Tennant. Vice Pres. Longview, Wash.; W .L. Prickett, Vice Pres. Kansas City,
Mo.; 8. M. Morris, Vice Pres., Longview, Wash.; R. T. Demsey, Vice Pres., Kansas
City, Mo. ; E. C. N. Brown, Vice Pres, Longview, Wash.; R. W. Stith, Sec.-Comptroller,
 Kansas City, Mo.; R. P. Combs, Treas., Kansas City, Mo.: Jesse Andrews,
Kansas City, Mo. ; J. H. Bester, Kansas City, Mo.; Waddill Catchings, New York,
N. Y.; L. _L. Chipman, Longview, Wash.; R. S. Davis, Kansas City, Mo.; A. B.
Everitt, Kansas City, Mo.; John M. Hancock, New York, N. Y.: G. A. Houston,
Kansas City, Mo. ; J. H. Lane, Kansas City, Mo.; Roy F. Morse, Longview, Wash.
A. L. Sweet, Kansas City, Mo.; W. A. Darker, Asst. Sec., Kansas Citv, Mo.; L. C.
Stith, Asst. Sec., Longview, Wash.
GENERAL AUDITORS: Ernst & Ernst.
Fiscal Year Ends: Dec. 31. Annual Meeting: 4th Wed.
Number of Emploves: 10.000.
CAPITALI ATION, Asx of Dee. 31, 192%
Par Value Authorized
No Par 750,000 shs
Nao Par R50 O00 chs

Outstanding
593,921 shs
542 5369 shs

I. CLASS A COVMON STOCK
June 30, 1930. Accumulated Class A
livvidends amounted to $10.000 June 30,
1930.
Transfer Agent: Central Hanover
Bank & Trust Co.,, New York.
Registrar: Guaranty Trust Co.. New
York.
Publie Offering by: lL.ehman Dros.
Goldman, Sachs & Co., New Yorlk; Lacey
Securities Corp., Chicago. Dec.. 1924, at
$52.75.
Listed on: New York Stock Exchange.

1928 1927
353 13
26 2317

Provisions: Has preference as to assets
 of §50 per share and cum. dividends
 of $4 per share from Jan. 1, 1925.
Callable: Any fund available for dis-:ribution
 as a partial liquidating dividend
 must first be used to acquire
Class A at $60 per share; if more
shares are tendered than would exhaust
 such funds purchase shall be
made pro rata.
Dividends: Initial on Class A Common
 declared payable March 31, 1923,
regularly quarterly thereafter to and
‘mcluding Sept. 30, 1927. None since
Price Range: 1929
low I 111,

1926
5014
413,
            
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