180
THOMSON'S MANUAL
CONSOLIDATED CREDIT CORPORATION
GENERAL OFFICE: 1103 Bedell Bldg. Portland, Ore.
HISTORY: Organized during 1929 to consolidate assets, ownership and operation
of group of small loan concerns having offices in various cities in Pacific North-
west; to extend further grouping of such concerns and to establish additional
loan offices as rapidly and over as far reaching territory as conditions warrant.
BUSINESS: Company and subsidiaries operate under uniform loan laws in vari-
ous states where the loans are made. Operation is under supervision of State
Banking department in each state. No loans made in excess of $300, average
loan being approximately $125. Interest on monthly balances is charged, as
provided for under the Uniform Small Loan Laws.
SUBSIDIARIES: Consolidated Credit Co. of Oregon, Consolidated Finance Co. of
Wash., Northwestern Finance Co. Also owns interests in other loan companies.
OFFICERS: C. H. Farrington, Chairman, Portland, Ore.: Bennett Baldy, Pres.
Portland; R. E. Vester, Sec. & Treas, Portland.
DIRECTORS: C. H. Farrington, Bennett Baldy, R. E. Vester, W. 8. Kirkpatrick.
V. Lyle McCroskey. All of Portland, Ore.
GENERAL COUNSEL: V. Lyle McCroskey, Portland, Ore.
GENERAL AUDITORS: Sawtell Withington & Jacob, Portland, Ore.
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Tues. in Jan.
CAPITALIZATION, As of Mar. 31, 1930
Par Value Authorized Outstanding
1. Preferred StOCK eeciocoiiemcemancaancaenas $10.00 600,000 Shs. 28,490 Shs.
2. Class A Com. StocK........cccceeccceeereane. NO Par 900,000 Shs. 124,745 Shs.
2 Class B Com. StocK...o. ccceveeeeeeee--eee. NO Par 100.000 Shs. 100,000Shs.
BALANCE SHEET, As of March 31, 1930
LIABILITIES
Accounts Payable .oeoreereeaen$ 752
Pref. STOCK woeeeeecceeeeevnecnnmeenmeeneeee 284,899
Class A, Com. Stocko.oeiiricenees 374,234
Class B, Com. StocKe..oiimiiincees 50,000
Stock Subscriptions .......cceeccec.. 125,658
Surplus ...... eee eeaanaaaene 27,674
Total Liabilities .oooooeeeeeeecneeen...$863.217
AQQERYITS
CAIN eremiimisssssmuzsnnsss een 17,774
Corporation Bonds .. .. een an 3,000
Notes Receivable weeecceecaieee .. -89.016
Accounts Receivable, from -
filiated Companies ......oceceeee 22,900
Conditional Sales Contracts... 24,573
Stocks in Affiliated Companies... 441,450
NDther Assets .. eeaaenneee 04,749
EQUA CG
Total Assets .
COMMONWEALTH CORPORATION OF OREGON
GENERAL OFFICE: Corbett Bldg., Portland, Ore.
HISTORY: Incorporated under laws of Delaware, Dec., 1929.
BUSINESS: A holding company, owning and controlling the following:
Commonwealth Trust & Title Co., a consolidation of Strong & MacNaughton
Trust Co., City Mortgage Co., and Union Abstract Co., all of Portland, Ore.
Commonwealth Securities Corp. formerly the business of Wm. H. Hemphil}
& Co., security dealers, Portland, Ore.
Commonwealth Realty Corp., formed in 1930 to acquire lot 100 ft. by 150 ft.,
at S.W. corner Sixth and Stark Streets, Portland, Ore., on which a 25-story steel
and concrete office building will .be erected. Work starting Aug. 1, 1930. Total
investment to be $2,900,000.
Equitable Savings & Loan Assn, Portland. Ore.. established in 1830. Total
resources, $13,000,000.
DFFICERS AND DIRECTORS: R. H. Strong, Pres.; H. M. Hawkins, Vice-Pres. &
Treas.: A. A. Hampson, Secy.; W. H. Hemphill, A. R. Watzek, S. R. ‘Winch, H. L.
Corbett, R. M. Cake, A. D. Norris, D. C. O’'Rielly, W. S. Walton (Salem, Ore.),
Cameron Squires, Horace Mecklem, E. C. Sammons, Edward Neudstater, Amadee
Smith, G. F. Peek, A. C. Cammack, K. D. Dawson (all also directors of Common-
wealth Trust & Title Co.)
GENERAL COUNSEL: Dey, Hampson & Nelson, Portland, Ore.
GENERAL AUDITORS: Lybrand Ross Bros. & Montgomery.
Fiseal Year Ends: Dec. 31. Annual Meetinz: January.
CAPITALIZATION, As of May 1, 1930
Par Value Authorized Outstanding
eeeeeeecenecs-amee NO Par 100,000 Shs. 70,000 Shs
Transfer Agent: Commonwealth Securities Co., Jan. 1930, at $25 pe’
Mrrust & Title Co., Portland, Ore. share.
Public Offering by: Commonwealth Number of Stockholders: 110.
Common Stock au...
