Full text: Thomson's manual of Pacific Northwest finance

278 
THOMSON'S MANUAL 
BAILLARGEON WINSLOW INVESTMENT CORPORATION 
GENERAL OFFICE: 801 Second Ave, Seattle, Wash. 
BRANCH OFFICE: Washington Bldg. Tacoma, Wash. 
HISTORY: Incorporated under laws of Washington, Oct. ,1928. 
BUSINESS: An investment trust of general management type. 
MANAGEMENT: Vested with Baillargeon, Winslow & Co., who receive 15% of 
net earnings after payment of $4.32 per share on Participating Preference Stock. 
Managers agree to sell no securities to Corporation at profit to themselves. 
OFFICERS: K. Winslow, Jr. Pres.; Cebert Baillargeon, Vice Pres.; Henry E 
Schaefer, Secy. 
DIRECTORS: C. T. Donworth, Cebert Baillargeon, A. G. Pringle, K. Winslow, Jr 
GENERAL AUDITORS: Haskins & Sells. Seattle, Wash. 
Fiscal Year Ends: Dec. 31. 
CAPITALIZATION, As of Dec. 31, 1929 
Par Value Authorized Outstanding 
Participating Preference Stock... No Par 20,000 shs 7,989 shs 
Common Stock eo inane No Par 20,000 shs 8.401 she 
i. prmrrIe CATING PREFERENCE STOCK 
Provisions: Takes preference over Common. 
Common Stock as to cumulative divi- Dividends: Regular $4.32 per annum 
dends of $4.32 per share per annum. paid quarterly Jan. Apr., July, Oct. 15, 
After Common receives $1.08, further since Jan. 15, 1929. Extra $1.08 per 
carnings disbursed one-third to Prefer- share paid Oct. 15, 1929. 
ence Stock and two-thirds to Common. Rights: On Apr. 13, 1929, stockhold- 
In liquidation Preference entitled to $80 ers offered rights to subscribe to units 
per share, and after Common receives of one share Preference and 2 share 
$25, remaining assets distributed one- Common at $84 per unit, basis one new 
third to Preference and two-thirds to unit for each 2 held. 
INCOME STATEMENT. Year Ending Dee. 31, 1929 
Gross INCOME iremmmereecoomennnanaenane eee $117,921 
Management Fees and Taxes........... eee 27,190 
Premiums on Sale of Stock, elC. rr iiriiciramenimerrrrncaneees eeeeeaeneneee 20,086 
Dividends on Preference SOCK. i ccooioommmesiesmirin oo ommnssesas trans rensssssrnssssnne 34,446 
SURPLUS FOR YEAR. ccciies ccoeremrmcomrmscressnssansnanns cms oosennas eases en 76.371 
BALANCE “77 7™T As of Dec. 31, 1929 
ASSETS LIABILITIES 
Management Fees Pavable........$3 3,636 
Reserve for TaXeS. ..ooaoecueennnaes 13,565 
Dividends Payable .orcmcinenas 8,628 
Preferred Stock imines 575,208 
Common StOCK ceimmiemceeemnaees 151,218 
Surp. & Undiv. Profits..cccceeeeee 79.907 
TOTAL LIABILITIES ..ccooooo.....$831.162 
TOTAL, ASSETS in. $831,162 
BARRON RESERVE CORPORATION 
GENERAL OFFICE: 1100 Third Ave, Seattle, Wash. 
HISTORY: Incorporated under laws of Washington, April 13, 1929, succeeding 
to the assets of the Barron-Thomson Corporation. 
BUSINESS: Mortgage, loan and bond business; loaning company’s own funds 
and funds of other corporations, companies and individuals. 
DFFICERS: Carl E. Barron, Pres: T. P. Barron. Vice Pres.; Harrv W. Thomson 
Secretary. 
GENERAL AUDITORS: Louis E. Smith & Co., Seattle. 
Fiscal Year Ends: Dec. 31. Annual Meeting: 1st Wed. in Jan. 
CAPITALIZATION: Par Value Authorized Outstanding 
1. Preferred Stock “A erie $25 40,000 shs 20,000 sss 
5 Common StoCK .eeoorreeeeeeeeeennn-NO PAT 90,000 shs 60,000 shs 
April, 1929, 50,000 shares of Common stock issued in payment for assets of 
Barron -ThomsonCorporation. 
1. PREFERRED STOCK, SERIES A 
Provisions: Cumulative as to divi- Voting Power: Non-voting unless 
dends and entitled to $25 per share and dividends become 2 years in arrears, in 
accumulated dividends, in event of which event Preferred stock votes 
liquidation. Other Preferred stock may share for share with Common stock 
be issued in series, rate of dividend and until delinquent dividends are paid. 
par value of each series to be deter- Public Offering: By the company, in 
mined by board of directors at time of April, 1929, 20,000 shares, $25 par value, 
issue. Preferred, and 10,000 shares, no par 
Callable: As whole or in part on any Sommon, in uits of 4 shares of Pre- 
dividend date, by lot, at $27.50 plus ac- ferred and 2 shares of Common atfg20 
~rued accumulative dividends per unit.
	        
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