Full text : Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL

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CALIFORNIA-OREGON POWER COMPANY
GENERAL OFFICE: Medford, Ore.
BRANCH OFFICES: Klamdth Falls, Ore, and Roseburg, Ore.
CONTROL: By Standard Gas & Electric Co., Chicago, Ill.
HISTORY: Incorporated under laws of California, Oct. 16, 1920. Reorganization
of the California-Oregon Power Co., Inc. in Dec. 1911, which was a consolidation
 of the Rogue River Electric Co. Klamath Power Co., Prospect Construction
 Co. and Siskiyou Electric Power & Light Co., and power plant of Trinity
Fold Mining & Reduction Co. 1923, purchased Douglas County Light & Water
Co.; Keno Power Co. merged in 1927,
BUSINESS: Supplies electric power and light to 55 communities in Southern
Oregon and Northern California.
PROPERTY: Includes 1,792 miles of electric transmission and distribution pole
lines, hydro-electric plants.
DFFICERS: John J. O'Brien, Pres.; C. M. Brewer, Vice Pres. and Gen. Mgr.; Samuel
 Kahn, Vice Pres.; R. G. Hunt, Vice Pres.; E. J. McKay, Vice Pres.; M. D.
Field, Secy.-Treas.; J. C. Boyle, Asst. Secy.; E. L. Lenox, Asst. Secy.; G. B. Willcutt,
 Asst. Secy. & Asst. Treas.; W. G. Pohl. Asst. Secy. & Asst. Treas.; C. H.
D’'Reilly, Asst. Secy. & Asst. Treas.
DIRECTORS: C. M. Brewer, Halford Erickson, Robert J. Graf, G. B. Willcutt,
J. D. Grant, Burt Hamerstrom, Samuel Kahn, John D. McKee, John J. O'Brien,
Herman Phleger, J. M. Yount.
Fiscal Year Ends: Dec. 31. Annual Meeting: 4th Tues. in Feb.
Number of Preferred Stockholders: 5,800.
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized
$100 t4,420,000
$100 21,000,000
$100 $9,680,000
$100 $15,000,000
i. 7% CUMULATIVE PREFERRED STOCK
Provisions: Has equal preference Registrar: American Trust Co., San
with 6% Preferred (No. 2) and 6% Pre- Francisco.
ferred series of 1927 (No. 3) as to as- Price Range:
sets and dividends. 1929 1928 1927 1926 1925 1924
Faliabie; mot nb mm High
Dividends: eginnin ct., , reg- TS
ular dividends paid I ely Jan. 15 115% 116 110% 105% 105% 98
to stock of record Dec. 31, etc. Low— :
Transfer Agent: Offices of company. 104 1081, 1021; 110 96% 9415
2. 6% CUMULATIVE PREFERRED STOCK
Provisions: Has equal preference per annum paid quarterly, Jan. April,
with 7% Preferred and 6% Preferred, July, Oct. 15.
series of 1927, as to assets and divi- Ex-dividend Date: Last day of predends.
 , ceding moni. ww ON ‘
‘ . Transfer Agent: ices of company.
Callable:s Not callable. Registrar: American Trust Co. San
Dividends: Beginning July, 1926, 6% Francisco.
3. 6% CUMULATIVE PREFERRED STOCK, Series 1927
Provisions: Equal preference as (1) ular dividends paid quarterly, Jan. 15,
and (2) to assets and dividends. etc., to stock of record Dec. 31, etc.
Callable: As a whole or in part on Transfer Agent: Offices of compédny.
50 days’ notice at 110. Registrar: American Trust Co. San
Dividends: Beginning Jan., 1928, reg- Francisco.
4. COMMON STOCK
Ownership: $3,000,000 owned by Registrar: American Trust Co., San
Standard Gas & Electric Co. Francisco.
Transfer Agent: Offices of company.
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
9z9 28
ce 61
QF 4 rg

1927
$2,913,081
1.125,841
$1,787,240
£.201
1,793,441
668.073
125,368
154.726
770.641

Gross Earnings .oeiieeeecemccccemieeeniennan wae ¥
Operating Exp. Main. & Taxes.............

"5

Net Earnings ...
Other Income ...... coiiiene
TOTAL INCOME .._..
nterest Charges ..... ..

--$2,0°

£
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Net Income _._.........
Preferred Dividends
Balance .ooooeeeeiioieeeeeaaeeeans ,685
DEPTECIALION as sscrvomsmmmmeminns —- ~0.000
Ral for Amort. Com. Div. & Surp........$ 564.685

“05. .v7
200,000
702 197
            
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