UBLIC UTILI™

OFFICERS: R. A. Long, Chairman; M. B. Nelson, Pres.; R .S. Davis, Vice Pres.;
J. D. Tennant, Vice Pres.; S. M. Morris, Vice Pres.; R. T. Demsey, Sec. & Treas.;
Jesse Andrews, Gen. Counsel; R. W. Stith, Compt.; D. M. Burgess, Auditor; Bogue
Vandercook, Supt.
DIRECTORS: R. A. Long, M. B. Nelson, R. S. Davis, R. T. Demsey, S. M. Morris,
J. D. Tennant, Wesley Vandercook.
Fiscal Year Ends: Dec 31 Annual Meeting: In January.
CAPITALIZATIO? er Value Authorized
Capital Stock ... $100 $1,250.000
DIVIDENDS: None paid to Dec. 51, 1929.
TE SHEET, As of Dec. 31, 1929
LIABILITIES
Equip. & Purch Contract........
Accounts Payable
Accrued Accou-Jue
 to Long-.
funded Debt
Capital Stockh
Surplus ...
TOTAL "ABT ~

ASSE.

FI'vDED DEBT, As of Dec. 31, 1929
First Mortgage Equip. Rate Dated Due Authorized Outstanding
Trust Bonds, Series A.................. 6% 1925 1945 $5,000,000 $3,436,962
Interest Payable: J. & J. 1, at trustee’s
 office.
Trustee: Halsey, Stuart & Co., Chicago.

Registerable: As to principal in
$1,000 denomination only.
Denominations: Coupon, $100, $500
and $1,000.
Callable: On 60 days’ notice to July
I, 1930, incl, at 105; to July 1, 1935,
incl.,, at 104; to July 1, 1940, incl. at
103; to July 1, 1944, incl, at 102; less
1, 9% for each year after July 2, 1940;
after July 1, 1944, at par.
Sinking Fund: Annually, beginning

MINNESOTA NORTHERN POWER COMPANY

GENERAL OFFICE: 831 Second Ave. South, Minneapolis, Minn.
HISTORY: Incorporated under laws of Delaware, March, 1924.
BUSINESS: A holding and management corporation owning and operating public
 utility properties, which furnish electric power and natural gas in Montana,
North Dakota and South Dakota. Territory served has combined population of
more than 125,000 and includes Bismarck, Mandan, Dickinson, Williston, Kenmare
 and Stanley, in North Dakota; Rapid City, Lead, Deadwood and Bellefourche,
 in South Dakota, and Miles City, Havre, Glendive, Terry, Wolf Point and
Scobey and Sidney, in Montana.
PROPERTIES CONTROLLED: Montana-Dakota Power Co. Montana-Dakota
Utilities Co., Gas Development Co., Northwest States Utilities Co.
OFFICERS: C. C. Yawkey, Pres, Wausau, Wisc.; R. M. Heskett, Vice Pres.
Treas. & Gen. Mgr.,, Minneapolis, Minn.; Ben Alexander, Vice Pres.: Aytch F,
Woodson, Sec’y, Wausau, Wisc.; C. W. Smith, Chief Eng.; A. F. Anderson. Purch.
Agt., Minneapolis, Minn.
DIRECTORS: C. C. Yawkey, Ben Alexander, Aytch P. Woodson, Jud Alexander.
H. L. Geiese, Wausau, Wisc.;: R. M. Heskett, Minneapolis, Minn.
Fiseal Year Ends: Dec. 31. Annual Meeting: 1st Tues. in Feb
CAPITALIZATICN, As of March 1, 1930
'-r Value Authorized
$100 $1,200,000
$100 $8,800,000
Par R00 000 shs

Ll.
2.
9

DETAILS OF STOCK
Callable: Preferred stock is callable Oct. Common dividends at rate of $5
on any dividend date at 105. per share per annum paid regularly
Dividends: Preferred dividends reg- quarterly, Jan., Apr., July and Oct., unularly
 paid auarterlv. Jan.., Apr., July, til Jan. 1, 1928: then increased to $8