164

THOMSON'S MANUAL
FUNDED DEBT, As of March 1, 1930
Rate Dated Due Authorized Outstanding
1st Mtge. Gold Bonds............ 5%% 2-1-27. 2-1-47 $1,715,000 $1,715,000
ist Mtge. Gold Bonds.............. 5% % 1-1-28 1-1-53 $1,650,000 $1,650,000
1st Lien and Gen. Mtge......... 6% 2-1-30 2-1-60 $2.000.000 $2,000,000

1.
2.
2

1. FIRST MORTGAGE GOLD BONDS,

514% SINKING FUND. SKRIES OF 1947
amount of all Series of 1947 bonds outstanding
 at any one time during six
months next preceding dates of respective
 payments, to be used for acquisition
 of bonds of Series of 1947 at or
below current redemption price, and all
bonds se acauired be cancelled.
Tax Status: Company pays normal
federal income tax not to exceed 2%,
and refunds 4 mill tax, Mass. 6% income
tax and Calif. personal property tax not
in excess of four mills.
Security: First mortgage on all the
fixed property owned by the company.
Legal Opinion by: Seibert & Riggs,
New York.
Offered by: A. C. Allyn & Co. and
W. C. Langley & Co., New York, Mar.,
1927, at 98.
Listed: On Chicago Stock Exchange.
2. FIRST MORTGAGE GOLD BONDS. 51,9, SERIES OF 1953
Interest Payable: J&J at National Tax Status: Company pays normal
Bank of Republic, Chicago, and office federal income tax not to exceed 2%
of trustee. and refunds Penn. 4 mill tax, Mass. 6%
Trustee: Equitable Seaboard Bank & income tax and Calif. personal property
Trust Co., New York. tax not in excess of 4 mills.
Registerable: As to principal. Security: Direct first mortgage on
Denominations: Coupon $100, $500. all fixed property owned by the Com-$1,000.
 pany.
Callable: In whole or in part on any Legal Opinion by: Seibert & Riggs.
ingseost, ante oy thirty, 25p% See to New York.
and including Jan. 1, , a an
accrued interest; thereafter to and in- Offered by: A C. pliyn Cue
cluding Jan. 1, 1938, at 104; thereafter and W. C. Langley o., New York.
to and including Jan. 1, 1943, at 103; tfered: Jan. 1928, and Mar.
thereafter to and including Jan. 1, 1948, ae, ore
at 102; thereafter to and including Jan ’ .
1 1952 at 101. and thereafter at par Listed: On Chicago Stock Exchange

Interest Payable: F&A 1. at National
Bank of the Republic, Chicago, or at
:rustee’s office.
Trustee: Equitable Seaboard Bank &
Trust Co., N.Y.
Registerable: As to principal.
Denominations: Coupon, $100, $500.
$1,000...
Callable: In whole or in part on any
interest payment date on 30 days’ notice
 to and including February 1, 1937,
at 105 and accrued interest; this premium
 of 5% of the principal decreasing
at the rate of %9% of the principal on
each February 2 thereafter to and including
 February 2, 1946, and thereafter
at 100 and accrued interest.
Sinking Fund: Company covenants to
pay trustee on Feb. 1, 1928, and on each
Feb. 1 thereafter to and including Feb.
1. 1946, 19% of greatest aggregate

3. FIRST LIEN & GENERAL MORTGAGE 6% GOLD RONDS. SERIES 1960
Interest Payable: Feb. 1 and Aug. 1, © tric Co., and more than 9915, 9% of comat
 Central Trust Co., Chicago, or trus- mon stock of Dominion Electric Power
tee’s office. . Co. and of Dixie Power Co. Further
Trustee: Equitable Trust Company, secured by direct mortgage on all fixed
New York. property owned by Washington Gas and
Registerable: As to principal only. Electric Company, subject to bonds
Denominations: Coupon $100. $500, which may be secured by any prior lien
$1,000. now or hereafter created or existing.
Callable: In whole or in part at any and of which $3,596,000 First Mortgage
time upon thirty days’ notice at 105 bonds are outstanding.
and accrued interest to and including Stock Purchase Warrants: Each bond
Feb. 1, 1940, this premium of 5% de- \s accompanied by stock purchase warcreasing
 at the rate of 14% on each rant, non-detachable except when exer-Feb.
 2 thereafter to maturity. cised, evidencing right of holder to
Tax Status: Company pays normal purchase two shares of Class A Stock,
federal income tax not to exceed 2%; $1.60 Dividend Series, of North Amerirefunds
 personal property taxes ia can Gas and Electric Co. for each $100
posed by the States of Conn., Penn, and Principal amount at the following
Calif., not exceeding 4 mills; Maryland prices: to and including Feb. 2, 1932,
not exceeding 4% mills; Michigan not at $20 per hsare, thereafter to and
exceeding 5 mills; Iowa tax up to 6 including Feb. 2, 1934, at $22 per share
mills, and Mass. income tax. not in ex- and thereafter to and including Feb. 2
cess of 6%. 1935, at $25 per share.
Security: Pledge with trustee of ali Offered by: A. C. Allyn & Co.
common stock of Oregon Gas and Elec- Listed: Chicago Stock Exchange.