IN ANC 
ELDRIDGE SECURITIES CORPORATION 
GENERAL OFFICE: 802 E. Pike St., Seattle, Wash, 
HISTORY: Incorporated under laws of Washington in 1920. 
BUSINESS: Specialized financing — the purchase of receivables originating 
through the distribution of automobiles sold on the installment payment plan. 
OFFICERS: A. S. Eldridge, Pres.; F. J. Cook, Treas.; W. E. Eldridge, Secy.: 
R. M. Lindsey, Mgr.; F. J. Fenton, Vice-Pres. 
DIRECTORS: A. S, Eldridge, F. J. Cook, J. G. Fenton, G. A. Purdy, Corwin S. 
Shank, all of Seattle, Wash. 
GENERAL COUNSEL: Shank Belt Fairbrook & Rode, Seattle, Wash. 
GENERAL AUDITORS: S. F. Racine & Co., Seattle, Wash. 
Fiscal Year Ends: Dec. 31st. Annual Meeting: May 8th. 
CAPYFR+~ V7 ATPION, As of Dec. 31, 1929 
“r Value Authorized 
* 50 $5,000,000 
2100 $ 500,000 
«uv Par 250,000 Shs. 
1. Class A 7% Pref. Stoc.. 
2. Employees Pref. Stock... 
3. Common Stock 
1. CLA 3 A ‘9% PREFERRED STOCK 
Provisions: Preferred as wo dividends since originally issued. 
and as to assets in case of liquidation. Transfer Agent: Metropolitan Na- 
Fully paid and non-assessable. tional Bank. 
Callable: Non-callable. Registrar: First Seattle Dexter Hor- 
Voting Power: None. ton National Bank. 
Tax Status: Company pays 2% nor- Public Offering: 5000 shares by First 
mal income tax. Seattle Dexter Horton Securities Co., 
Dividends: 79% paid semi-annually. June, 1929, at Par. 
Tune 30 and Dec. 31. on all outstanding Listed on: Seattle Stock Exchange. 
2. EMPLOYEES 7% CUMULATIVE PREFERRED STOCK 
Provisions: Cumulative as to 7% Tax Status: Company pays normal 
dividends and participates with com- income tax up to 2%. 
mon stock. After 7% paid on common Dividends: 109% per annum, payable 
stock in any one year, additional divi- semi-annually June 30 and Dec. 31, paid 
dends shall be distributed on basis 34 on all outstanding since originally is- 
to employees stock and 2 to common, sued. 
provided employees shall receive no Transfer Agent: Metropolitan Na- 
more than 10% in any one year. tional Bank, Seattle, Wash. 
Callable: At 110 on any dividend pay- Registrar: First Seattle Dexter Hor- 
ing period. - tn Nat. Bank, Seattle, Wash. 
Voting Power: None. Date Offered: 1921: Price: $100. 
3. COMMON STOCK 
Provisions: Has full voting power. Publie Offering by: First Seattle 
Dividends: Paid regularly June 30 Dexter Horton Securities Co. During 
and Dec. 31. January, 1930, only, at $9.00, to all pur- 
Transfer Agent: The Company. chasers of Class “A” 79% Preferred— 
Number of Stockholders: 25 one share with each share of preferred. 
EARNINGS 
Year 
1924 _..... 
1925 .. mee 
L928 iiivitiiinmmaneon ne eomeremrsnsensse— tn 
LO eee 
19: .._... 
1929 
Operating Exp. Res 
Gross Income Ts» a" Misc. 
82,620 ° 8 
70,981 : 
2 804 
15,497 
111,221 
200 701 
Net Int. 
and Div. 
T 40,422 
£7,749 
© +,755 
t.. "00 
87,.76 
05 524 
FUNDED DEBT, As of Dec. 31, 1929 
Guaranteed Convertible Rate Dated Due 
Gold Debentures ....... __........ 6% 4-15-28 4-15-38 
Interest Payable: Apr. and Oct. 15th, 
by trustee. 
Trustee and Registrar: Metropolitan 
Nat. Bank, Seattle, Wash. 
Callable: As whole or in part on 30 
days’ notice, April 15, 1929, to April 15, 
1931, at 103; thereafter to April 15, 
1933, at 102; thereafter to April 15, 
1937, at 101; thereafter at 100. 
Convertible: Into Employees 7% Pre- 
ferred Stock on any interest date, on 
basis 10 shares of stock for each $1000 
debenture. 
Sinking Fund: Trust Indenture pro- 
vides $25,000 per annum be reserved 
semi-annually, beginning Oct. 1, 1928, 
to purchase debentures, if obtainable, 
at or below 100%, unexpended balances 
at end of each six months to be avail- 
Author. Outstdg. 
$250,000 $250,000 
able for corporate purposes. 
Security: Debentures unconditionally 
guaranteed, principal and interest, by 
A. S. Eldridge, Pres. of the Eldridge 
Buick Co. and Eldridge Securities Corp. 
Company will not hypethecate any as- 
sets nor mortgage any property with- 
rut first securing these debentures 
‘atable therewith. Company agrees not 
.0 create any indebtedness which will 
nake its total aggregate borrowings 
n excess of four times its total net 
‘apital worth. 
Legal Opinion by: Howe & Graham, 
‘or the bankers; Shank & Bell & Fair- 
srook for the company. 
Offered by: First Seattle Dexter Hor- 
ton Securities Co., November, 1929, at 
Dar