PUBLIC UTILITIES
TWIN FALLS- JEROME INTER-COUNTY BRIDGE COMPANY
GENERAL OFFICE: 906 Alaska Bldg. Seattle, Wash.
HISTORY: Incorporated under laws of Washington, in 1926.
BUSINESS: Operators of toll bridge crossing Snake River, 21% miles north of
Twin Falls, Idaho, connecting Twin Falls and Jerome Counties. Constitutes a
link of the “Oregon Trail.” Opened for traffic Oct. 1, 1929.
PROPERTY: Steel, cantilever structure 1,400 feet long, 476 feet high, costing
approximately $866,000.
FRANCHISE: Granted jointly by commissioners of Twin Falls and Jerome Coun-
ties, expiring 1976.
MANAGEMENT: Bruce C. Shorts, Pres.; E. B. Sherwin, Vice Pres.; B. D. Bram-
hall, Secy, all of Seattle; Chas. A. Smith, Treas., Spokane, Wash.
DIRECTORS: Bruce C. Shorts, E. B. Sherwin, Chas. A. Bramhall, of Seattle;
J. R. Nevers, Spokane, Wash.; Ralph Schneelock, Portland, Ore.
GENERAL COUNSEL: Shorts & Denny, Seattle, Wash.
GENERAL AUDITORS: Shorrock & Co. Seattle.
Fiscal Year Ends: Dec. 31. Annual Meeting: 1st Mon. in Jan.
TAPITALIZATION: 20,000 shares, no par, Common stock, all outstanding.
FUNDED DEBT: Rea*t~ Dated Due Authorized Outstanding
1. 1st Mortgage Gold Bonds..... 1-15-26 1-15-36 $550,000 $550,000
2. Class A Debentures.... 1-15-26 1-15-36 $150,000 $150,000
1. FIRST MORTGAGE 7% GOLD BONDS
Interest Payable: June and Dec. 15, calculated to retire 70% of First Mort
it trustee's office. gage Bonds at maturity.
Trustee and Registrar: First Seat’ Tax Status: Company pays normal
Dexter Horton National Bank. 2% Federal income tax.
Registerable: As to principal onl- : Sevurity: First Mortgage Bonds are
w irst lien on all assets. ass A De-
Venourinationyy $1,000, $500. bentures are junior to First Mortgage
Callable: As whole or in part, by Bonds.
Lot, at 10%, on 20 Gays Tete. Offered by: Ferris & Hardgrove,
Sinking Fund: Company agrees to John E. Price & Co., Ralph Schneelock
rreate sinking fund out of earnings & Co. and others in Dec.. 1926. at par