Full text : Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL
7. PORTLAND ELEC. POWER CO. FIRST LIEN & REFUND. 51% SERIES “C*»
Interest Payable: May 1 and Nov. 1, 000, payable semi-annually, March and
at office of trustee. . Sept., to purchase or redeem bonds or
Trustee: National City Bank, New of such series as is then subject to. re-York.
 demption at not exceeding the redemp-,.
 Itegisterable: $1,000, $5,000 and mul- tion prices.
riples ereof, - :
Denominations: Coupon, $100, $500, Ta bc A A npg)
$1,000; interchangeable. and Conn. 4-mill oD n
Callable: On any interest date on 30 ol . :
days notice at 105 to May 1, 1936; at Security: Same as Series A (No. 5)
104 to May 1, 1941; at 103 to May 1, and Series B (No. 6) bonds and issued
1946; at 102 to May 1, 1948. and at par under the same mortgage.
thereafter. Offered by: Halsey, Stuart & Co,
Sinking Fund: 9% of all bonds out- Inc. ,and National City Co. New York.
standing, but in no case less than $225.- June, 1926, at 97.
|. PACIFIC NORTHWEST PUBLIC SERVICE CO. 6% CONVERTIBLE
GOLD DEBENTURES
Interest Payable: March 1 and Sept. Bank, H. M. Byllesby & Co., Halsey,
1, at office of Harris, Forbes & Co, Stuart & Co., Inc, West & Co., Albert
New York, Boston or Chicago. E. Peirce & Co. and Drumheller, Ehr-Trustee:
 Harris Trust & Savings lichman & White, March, 1930, at 99%.
Bank, Chicago. Further Issues: Company can not
Registerable: As to principal. pledge or create a lien upon any of its
Denominations: Coupon, $1,000. jirectly owned assets without ratably
Callable: On the first day of any securing these Debentures, provided
month on 30 days’ notice at 100% to +hat this restriction shall not apply to
Sept. 1, 1933; at 105 to Sept. 1, 1938; at ‘a) purchase money mortgages and
1021% to Sept. 1, 1943; at 101 to Sept. 1, iens or pledges in usual course of busi-1949,
 and thereafter to maturity at 100. 1ess as security for loans maturing not
In each case with accrued interest. nore than one year from the date of
Convertible: At option of holder in- sreation and indemnity not exceeding
to 25 shares of Class A stock of Cen- yne year and renewals of any thereof,
tral Public Service Corp. for each ‘b) conveyance to any present or fu-$1,000
 principal amount of Debentures cure operating subsidiary of any presat
 any time on or after Sept. 1, 1930, snt or hereafter acquired physical
and before Sept. 1, 1933. >roperties or franchises of the com-Tax
 Status: Company pays normal rany, (¢) making of pledges or creation
Federal income tax up to 2% and Penn. of liens upon any of the properties of
Con., Md. Calif.,, Mass.,, Vt. or New. iny such subsidiary, or (d) making of
Hamp. taxes refunded. sledges or creation of liens either (1)
Legal Opinion by: Sullivan & Crom- Inder existing mortgages pursuant to
well, New York, and Cutting, Moore & sovenants therein or in order to secure
Sidley, Chicago. ‘he issue of additional bonds thereun-Purpose:
 Proceeds from sale of these ier, or (2) under new mortgages to se-Debentures
 used to retire $6,935,000 of cure bonds issued to the extent of any
funded debt maturing in 1930, to pur- sonds now or hereafter outstanding
chase substantially all of Common inder existing mortgages and retired,
stock of Seattle Lighting Company, and ~hich new mortgages may provide for
for other corporate purposes. ssue of further bonds upon retirement
Dffered bv: Harris Trust & Savings nf these MNebentures

5. WILLAMETTE VALLEY SOUTH. RY
Interest Payable: Feb. 1 and Aug. 1,
at office of company, Portland, Ore,
and at First National Bank, New York,
or at office of trustee.
Trustee: Continental & Commercial
Trust & Savings Bank, Chicago.
Registerable: As to principal.
Denominations: Coupon, $100, $500,
51,000.
Callable: At 103 on any interest date
on 60 days’ notice.
Sinking Fund: 19% of outstanding
ponds annually from Nov. 15, 1917, to
1923: 13% 9, from 1924 to 1931: 29, there-CO.

 FIRST MORTGE. 6% GOLD BONDS
after, to be applied to redemption of
ponds by lot on first dav of succeeding
Jan. at 103.
Tax Status: Company pays normal
Federal income tax up to 2%.
Secured: By a first mortgage on entire
 property of Willamette Valley
Southern Ry. Co. Guaranteed as to
principal and interest by Pacific N. W.
Public Service Co.
Offered by: E. H. Rollins & Sons,
Boston, April, 1914, at 100.
Listed on: Portiand Stock and Bond
Tvechange.

FOR THE POCKET - - -

Universal Bond Values, $5.50
Standard Bond Values, $6.00
Adequate Bond Values, $6.50
Monthly Bond Values ,$75.00
ACME Bond Values, $35.00
Adequate Bond Values, $18.00
Special books on Serial Bonds, Annual Interest, Etc.
THOMSON’S BUSINESS BOOK SERVICE
“1 Wash

FOR THE DESK - - -
            
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