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.