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 Northwest;
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 various
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 Commonwealth
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...
