J
7
BALANCE SHEET, As of Dec. 31, 1929
RESOURCES LIABILITIES
Com. Paper, Call Loans
Cash wocnvommmens
Notes Receivable .....
Bonds eee
Accts. Receivable ........
Stocks of Aff. Companies.
Total Assets ..
Capital _.............. . ......$80,349,650
Surplus .._..... . __ ceeeeee 11,891,941
Reserve for Contingencies...... 500,000
Reserve for Dividends........... 715,976
s3duil,uu Total Liabilities _..... _.
COMBINED STATEMENT OF GROUP BANKS, As of Dec. 31, 1929
RESOURCES JABILITIES
Loans and Discounts. ....$228,617,909
Jverdrafts ....oceeeeeee.t eee 120,948
U. S. Govt. Securities.............. 41,148,763
Jther Bonds .oocoeoieieeeaeeiee oo... 65,990,955
Customers Acceptances ........ 4,979,880
Real Estate & Fixtures.......... 10,746,405
Reserve with Fed. Reserve... 19,732,223
Cash & Due from Banks... 72,794,289
Redemption Fund ................. 285,700
Dther Assets .....ccoiiieeieeeneeneeae. 2,054,897
6,471,969
93,457,567
23,477,000
"2,970,000
1,178,830
631,074
, 722,760
,690,374
»,716,891
0,731,167
28,436
764,475
,579,880
1,981,081
"1,969
GROUP RESOURCE
Resources of Banks & Trust
Companies ......... renee $446,471,969
Res. Investment Companies 10,677,901
Res. N.W. Bancorporation—
exclusive stocks in mem
ber banks ....
Total Liabilities ....
GROUP EARNINGS
Interest Received ..
Other Earnings .
Gross Earnings .
interest Paid .....
Net Before Expens:
Expenses & Taxes..
Total Group Resources.....$468.777,262 *Net Operating Earning
*Equal to $4.50 per share on common stock.
NORTHWESTERN INVESTMENT & HOLDING CORPORATION. LTD.
GENERAL OFFICE: 418 Howe St., Vancouver, B. C.
HISTORY: Organized under laws of British Columbia in June’ 1930. by Pemberton
& Son. Litd.,, Vancouver.
BUSINESS: An investment and holding corporation with broad powers, including
right to buy, hold, sell and deal in all classes of securities, to acquire minority
and controlling interests in financial or other undertakings, to participate
in underwritings and svndicates and other financial undertakings at the discretion
of the management.
MANAGEMENT: Pemberton & Son, Vancouver, B. C., by contract under which
total expense of operations and management will not at any time exceed 1% of
1% of paid-in capital and surplus.
DIRECTORS: Stanley Burke, J. C. McPherson, R. L.. Morrow, L. P. Smith.
CAPITALIZATION, As of July 1, 1930
Par Value Authorized Outstanding
1. 6% Preference Shares... $100 $2,000,000 $850,000
2. Class A Common Shares...................5 Par 200,000 shs eeocmennnan
3. Class B Common Shares... ....... No Par 50.000 shs 15 000 shs
1. 6% CONVERTIBLE PREFERENCE SHARES, SERIES A
Provisions: Preferred as to dividends into Class A Common at rate of 4 Class
and as to assets in case of voluntary A for each preference share.
liquidation up to $110 per share, and in Tax Status: Free from Provincial ininvaluntory
liquidation up to $100 per come tax.
share, . Dividends: 69% per annum payable
Warrants: Each share of Series A quarterly Feb., May, Aug. and Nov. 1.
carries non-detachable warrant entitling
holder to purchase, up to Jan. Transfer Agent and Registrar: Lon-1,
1938, two shares of Class A shares lon & Western Trust Co.. Ltd. Vanat
$20 per share. couver, B. C.
Callable: As a whole or in part on Legal Opinion by: Walsh, Bull, Hous-60)
days’ notice at $110 per share plus ser, Tupper & Molson, Vancouver, B.C.
accrued and unpaid dividend. Public Offering by: Pemberton &
Convertible: Prior to Jan. 1. 1938 Son. Vancouver. Ltd.. June. 19320 at 99
