Full text : Thomson's manual of Pacific Northwest finance

LUMBER AND TIMBER COMPANIES
FUNDED DEBT, Ax of Dee. 31, 1929
Rate Dated Due Authorized
. 6% 2-1-27 2-1-37 $750,000
interest Payable: Feb. and Aug. 1, at
»ffice of trustee.
Trustee: Continental and Commercial
Trust & Savings Dank and Calvin Fentress,
 Chicago, Ill
Registerable: Registerable as to
srincipal.
Denominations: $5,000, $1,00, $500,
$100.
Callable: On 30 days’ notice on any
interest date at 100 and accrued inter-145



Outstd.
$500,000

est plus a premium of 1,9 for each
unexpired year.
Sinking Fund: $2.00 per thousand ft.
for sugar and yellow pine and 40c¢ for
other species, as cut.
Tax Status: Interest payable without
Jeduction for normal Federal Income
Tax up to 29%.
Security: First mortgage on land and
timber.
Offered by: Baker, Fentress & Co,
Chicago. Ill, Feb., 1927.

SHAW BERTRAM LUMBER COMPANY

GENERAL OFFICE:" Klamath Falls, Ore..
BUSINESS: Conduct logging operations and manufacture lumber, lath, boxes,
and box shooks.
PROPERTY: Own a 125-acre millsite, sawmill, lath mill, booming grounds, planing
 mill, box factory, at Klamath Falls, Ore.; logging equipment, logging railroad
 and equity in timber contracts, estimated value in 1926, $600,000. Company
holds contract with U. 8S. Dept. of Interior covering 228,000,000 feet of Indian
Reservation timber. This contract was valued at $230,000 in 1926.
DIRECTORS: J. R. Shaw, Pres.; R. S. Shaw, Klamath, Falls, Ore.; W. G. E. Smith,
S. C. E. Smith, Portland, Ore.; A. W. Norblad. Astoria, Ore.
FUNDED DEBT, Asx of Dec. 31, 1929
First (Closed) Mortgage Sink- Rate Dated Due Authorized Outstanding
ing Fund Gold Bonds...............6%9% 10-1-26 10-1-34 $300,000 $300.000
interest Payable: Oct. and April 1, Calif. personal prop. tax, not exceedoffice
 of trustee. ing 5 mills, and pay 29% Iederal in-Trustee:
 Title & Trust Co.. Portland. ome tax.
Denominations: $1,000, $500, $100. security: First (closed) mort
, kal y ’ ! ¥: $ se gage
Callable: On 30 days’ notice at $102 on all property. and timber contracts.
until Oct. 1, 1928, 101% next 2 years, 7 : v :
and 101 thereafter. Legnl Opinion by: Veazie & Veazie,
sinking Fund: Payment to trustee Portland, for underwriters, and Wilbur,
monthly at $1.50 per M reservation tim- Beckett, Howell & Oppenheimer, Portber
 and $1.00 per M on logs purchased iand, for company.
sutside. Offered by: Freeman, Smith & Camp
Tax Status: Company will refund Co.. Portland. Ore... Oct., 1926. at 100

STOUT LUMBER COMPANY OF OREGON

GENERAL OFFICE: North Bend, Ore.
HISTORY: Incorporated under laws of Delaware, 1923, to acauire properties in
Dregon, formerly owned by the Buchner Lumber Co.
BUSINESS: Manufacturing lumber, from standing timber to finished product.
operating logging camps, railroads and lumber mills.
PROPERTY: The company owns in fee approximately 15,351 acres of timber
lands in Coos and Douglas Counties, Oregon, and under lease an additional 440
acres. In 1928 lands estimated to carry 952,933,000 feet of timber. A mill, located
 at North Bend, Ore., has a capacity of over 100,000 feet each eight-hour
shift. Company also owns a coastwise lumber steamer. capacity of 700.000 feet
per trio.

CAPITALIZATION, Ax of Sept. 1, 1928
Tr ~Value “Cinrized

l
:
1

Preferred A Stock.
Preferred B Stock...
1% Preferred Stock... .
Common Stock ....

FUNDED DEBT
Rate Dated Due Authorized
69. 10-15-28 10-15-31 2550.000

l'irst Mortgage Sinking
Fund Gold Bonds

Outstanding
$1,000,000
$2,108,000
$1,000,000
2 104 209

Outstanding
2550.000
            
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