PUBLIC UTILITII 3
NORTHWEST TOLL BRIDGE COMPANY
GENERAL OFFICE: Walla Walla, Wash.
HISTORY: Incorporated under laws of Delaware in 1922. Originally called Benton-Franklin
Inter-County Bridge Co., incorporated under Washington laws June
30, 1920. Name changed June, 1928.
BUSINESS: Company operates toll bridge across the Columbia river, between
Pasco and Kennewick, Wash., costing approximately $490,000. Opened for traffic
Oct., 1922.
SUBSIDIARIES: Company controls Wauna toll bridge, which crosses Columbia
river from Cascade Locks on the Oregon side to a point 2 miles west of Stevenson,
Wash,
OFFICERS: W. F. Crowe, Pres.; R. L. Moore, Vice Pres.; T. O. Webster, Secy.;
N. T. Davis, Treas.
TRUSTEES: W. F. Crowe, R. L.. Moore, B. G. Stone, A. H. Reynolds, D. F. Baker,
I. G. Kelley, H. W. DeMuth.
BALANCE SHEET, As of Dee. 31, 1929
RESOURCES . LIABILITIES
Capital Stock ....
5% Debenture Donds
1st Mortgage Bonds
2-Year 69% Donds.
Depreciation _.........
Undivided Profits ............
Cash in Banke: __.
Sav. & Loan Assn. ...
Furn. & Fixtures....... ..
Real Estate ... *
Toll House ........
Bridge Structure .
Wauna Bridge Co. ¢*
Wauna Bdge Co. 1 eB
Wauna Bridge Co. 1 &w. bus...
Wauna Bridge Co. Notes.....
N. W. Ferries Acct. ..........
N. W. Ferries stock...
Sinking Funds ...
7,582
179
1,213
557
3,680
546,238
22,190
1,000
1,500
16,950
45
2,000
10,233
1.033.367
TOTAL,
...31.033.367
TOTAL ...._
FUNDED DERT Rate Dated Due
| 1st Mortg. Bonds. oe 0% 10-1-25 1930-4!
» Debenture Bonds ............c... ip 1937
Two-Year Gold Bonds.......... 6% 1929 1931
Authorized
$310,000
$100,000
£125.000
Outstanding
$296,000
$79,000
2121.000
l. FIRST CLOSED MORTGAGE & COLLATERALLY SECURED 6%
SERIAL GOLD BONDS
Interest Payable: Apr. and Oct. 1, at Convertible: Into Wauna Toll Bridge
trustee's office. Co. 7% First Mortgage Bonds, at any
Principal Payable: Oct. 1, 1930, 310,- time at holder's option, basis par for
006; 1931 and 1932, $11,000; 1933, $12,- par.
000; 1934, $13,000; 1935, $14,000; 1936, Tax Status: Company pays 29% nor-$15,000;
1937, $16,000; 1938-39, $18,000; mal Federal income tax
1940, $20,000; 1941, $21,000; 1942, $22,- ; .. CC
000; 1943, $24,000: 1944. $25,000; 1945, Security: First mortgage on all of
$60,000. company’s property and on $325,000 is-Trustee:
Baker, Boyer National sue of Wauna Toll Bridge bonds.
Bank, Walla Walla, Wash. Offered by: Ralph Schneelock & Co.,
Denominations: Coupon $1,000. Portland; J. C. Tyler & Co., San Fran-Callable:
After 2 years at par. cisco.
WAUNA TOLL BRIDGE CO. (Bridge of the Gods)
First (Closed) Mortgage Rate Dated Due Authorized
Serial Gold Bonds. eee. Ton 10-1-25 1930-45 23225 000
NORTHWESTERN ELECTRIC COMPANY
GENERAL OFFICE: Public Service Bldg., Portland, Ore.
HISTORY: Incorporated under laws of Washington, 1911.
BUSINESS: Company supplies electric light and power in Portland. Ore.. and in
Vancouver, Wash., and 10 adjacent communities, serving a population estimated
at 360,000. Also conducts a steam heating business in the husiness district
of Portland.
PROPERTY: Owns a hydro-electric generating station on the White Salmon
river about 65 miles from Portland with a capacity of 12,000 k.w., a steam generating
plant with a capacity of 7,000 k.w., in the downtown business section of
Portland, and a steam generating plant with a capacity of 15,500 k.w. on the
Willamette river within the city limits, making a combined capacity of 34,500
k.w.; operates 255 miles of transmission lines, and 582 miles of distributing lines.
Also owns undeveloped water power rights and flowage lands within a reasonable
distance of Portland.
OFFICERS: Guy W. Talbot, Pres.: L. T. Merwin, Vice Pres. and Gen. Mgr.; John
A. Laing, Vice Pres. and Gen. Attorney; Frank Silliman, Jr., Vice Pres.; Geo. L.
Myers, Asst. to the Pres.; C. W. Platt, Secy. and Treas.; J. G. Hawkins, Asst.
Secy.; M. J. Wilkinson, Asst. Secy. and Asst. Treas.; B. C. Stearns, Asst. Treas.
TRUSTEES: M. M. Connor, Vancouver, Wash.; Herbert Fleishhacker, San Francisco,
Calif.; L. H. Hoffman. Portland. Ore.: John A. T.aing. Portland. Ore.: Guy
W. Talbot, Portland. Ore
