JUBLIC UTILITIES

$120,000 until Nov. 1, 1929, and increas- Security: First mortgage on entire
ing thereafter to the sum of $216,000 fixed properties now owned or herefor
 last year prior to maturity. after sequired.
Tax Status: Any income or personal Offered by: Paul & Co., Philadelphia,
property tax of any state refunded. .
Company pays normal income tax up and Freeman, Smith & Camp Co., Portto
 2%. land, Ore., Nov., 1927.
2. 10-YEAR 7% GOLD DEBENTURE
Interest Payable: M&N at trustee's commecing Nov. 1, 1929, to operate
office. semi-annually.
Trustee: Chatham Phenix National Tax Status: Any income or personal
Bank & Trust Co.,, New York. tax of state refunded. Company pays
Regist ble: As to principal normal Federal income tax up to 2%.
eslsterables 8 p pat. Security: A direct obligation of com-Denominations:
 Coupon $1,000. pany, not secured by a mortgage.
v . ; Offered by: Yeager, Young & Pier-Tes
 on a interest date on 30 son, New York; Pearson, Echard & Co.
: Boston, 1928, at par with bonus of 10
Sinking Fund: A fixed sinking fund shares of common stock with each $1000
based upon net earnings is provided, debenture.

MOUNTAIN STATES POWER COMPANY

GENERAL OFFICE: Albany. Ore.
CONTROL: By Standard Gas & Electric Co.
EXECUTIVE OFFICE: 231 So. LaSalle St., Chicago.
HISTORY: Incorporated under laws of Delaware, Dec. 13, 1917, as a reorganization
 of the Northern Idaho & Montana Power Co. Company has since acquired
property of Tacoma Gas & Fuel Co. Puget Sound Gas Co., Stayton Light & Power
 Co. Coast Power Co., Natrono Power Co., Douglas Light & Power Co. Libby
Light & Water Co., Midwest Public Service Co.
BUSINESS: Supplies 110 communities in Oregon, Washington, Idaho, Montana,
Wyoming and South Dakota with electricity, gas. steam, water and telephone
service.
PROPERTY: Has steam and hydro-electric stations with installed capacity of
26,410 k.w.; 1,414 miles of transmission and distribution lines, 79 miles of gas
mains and gas plants with daily capacity of 1.380.000 cubic feet

OFFICERS: J. J. O'Brien, Pres.; C. M. Brewer, Vice Pres.: P. Sullivan, Vice Pres.;
R. J. Graf, Vice Pres.; F. C. Gordon, Vice Pres.; E. J. McKay, Vice Pres.; M. A.
Morrison, Secy.-Treas.; H. List, W. G. Pohl, C. H. O'Reilly ,W. L. Fitzpatrick, P.
A. Lehmkuhl, J. A. Chilleen, Asst. Secy.-Treas.; Z. E. Merrill, Asst. Secy.
DIRECTORS: R. J. Graf, J. H. Briggs, J. J. O'Brien, F. W. Stehr, M. A. Morrison,
 B. W, Lynch, C. M. Brewer.
Fiscal Year Ends: Dec. 31. Annual Meeting: Mar,

Sv

CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized
7% Cum. Pref. Stocke..oooooooceeeeecceee. $100 $15,000,000
Common Stock _. veveeeeeeeen-NoO Par 500.000 shs

L.
2

Outstanding
$5,295,500
142 500 shs

1. 7% CUMULATIVE PREFERRED STOCK

Provisions: Preferred as to assets
and as to dividends cumulative from
Jan. 1, 1918, to Jan. 1, 1920, at 59% to
Jan. 1. 1922, at 6%; thereafter at 79%.
Callable: On 60 days’ notice at 110.
Dividends: Regular 7% annual dividend
 paid quarterly, Jan., Apr., July,
Oct. 20, to holders of record 20th ot
preceding months.
Transfer Agent: Guarantv Trust Co.

New York; Bank of California, N. A.,
Portland; Continental Illinois Bank &
Trust Co., Chicago.
Registrar: Continental Illinois Bank
& Trust Co., Chicago; Guaranty Trust
Co., New York; Title & Trust Co.,
Portland.
Publie Offering by: Blyth & Co., Seattle,
 Portland and San Francisco, Mar.,
1925, at 97.
Number of Stockholders: 3,000

2. COMMON STOCK
Ownership: Standard Gas & Electric Registrars: Continental Illinois Bank
owns 88,120 Common shares. ; . ;
Dividends: $1 per share per annum & Trust Co., Chicago: Guarantv Trust
paid Feb, 1. 1924 to Feb. 1. 1927. Co. New Vorl