FINANCE
299
i. CLASS “A” STOCK
Provisions: Class A and B shares Transfer Agent: Old Nat. Bank &
are on a basis of equality, so far as Union Trust Co. Spokane.
concerns earnings and assets, except Registrar: First Nat. Trust and Sav.
in case of sale of all of assets of cor- Bank, Spokane.
poration, Class A has preference over Public Offering: By Old Nat. Bank
Class B to extent of $2.00 per share. & Union Trust Co., Ferris & Hardgrove
Voting Power: Non-voting. and Murphy, Favre & Co., Spokane, Oct.
Dividends: Initial dividend of 25 1929, at $20.
rents per share paid Jan. 1, 1930. Number of Stockholders: 1,447.
2. CLASS “B” STOCK
Ownership: Class B shares owned Voting Power: Full voting power
by stockholders of Old Nat. Bank & one vote per share. Co _
Union Trust Co. Acquired in exchange Dividends: Initial dividend of 35
for shares of Old Nat. Bank & Union CeDts per share paid Jan. 1, 1930.
Trust C d for 10 to be held i Transfer Agent: Old Nat. Bank &
rust Co. and for years to be held In {pion Trust Co. Spokane.
trust by committee consisting of 5 di- Registrar: First Nat. Trust & Savrectors
of Old Nat. Bank & Union Trust ings Bank, Spokane.
Co. Number of Stockholders: 127.
As of Dee. 31, 1929
LIABILITIES
Capital Stock Paid In................$5,530,308
I'ndivided Profits 7,792
BALANCE SHEET,
ASSET
Investment in Bank Stocks....$
[.oans and Discount
Furn. & Equip.
Supplies coool
Organization Expen.
Cash in Bank...
TOTAL ASSETS
TOTAL LIABILITIES ............$5.538,100
. to
COMBINED § 7° "TE SYSTEM BANKS March 27, 193¢
RESOURCES LIARILITIE
Cash & Due from PBanks.......q
Bonds & Securities... .........
Com. Paper & Call Mon
Loans .......
Overdrafts ....
Bank House,
Other Real 1.
Bonds to secure _ircual
5% Fund, U. S. Treas. ....
TOTAL RESOURCES ..........%342.373.728
Capital ....
Surplus ....
Undivided
Reserves .
Circulation
Deposits .........
Bills Payable
Rediscounts ............
TOTAL LIABILITIES ........342.373.72%§
2.840,000
606,000
488,085
266,189
067,960
924,845
5.000
175,649
PACIFIC COAST JOINT STOCK LAND BANK OF PORTLAND
ADDRESS: 209-212 Lewis Bldg. Portland, Ore.
HISTORY: Chartered May 29, 1922, under Federal Farm Loan Act
Correspondents. First National Bank of Portland, Ore.
OFFICERS: C. F. Adams, Pres.; E. B. MacNaughton, Vice-Pres.; J. E. Montgomery,
Vice-Pres. & Mgr.; A. IL. Mills. Jr.,, Vice-Pres.; F. F. Dickson, Secy.; Edw.
H. Geary, Treas.
DIRECTORS: C. F. Adams, H. L. Corbett, F. F. Dickson, Edw. H. Geary, E. B.
MacNaughton, Rogers MacVeagh, A. L. Mills, Jr., J. E. Montgomery, Joseph Simon.
CAPITAL: Authorized and Outstanding, $450,000; Par Value: $100.
DIVIDENDS: 1922, 3%; 1923, 6%; 1924. 6% 9%: 1925. 7%: 1926. T%%: 1927 to 1929,
Incl., 0.
Number of Stockholders: 83.
Stock Listed: Portland Stock and Bond Exchange
INCOME ACCOUNT, Years "mAing
0) ©)
Gross Earnings ..ocoooooooieeioaeeee
Expenses, Taxes, EtC..iiiioainianann..
Net Profits ...
Dividends Paid
Surplus Earned for Vr -
Shares Qutstanding ................
Earned per Share of Stock.
GROWTH-1923
ell
1926 een.
1929
Capital
250,000
400,000
450 000
Surplus
$25,000
35,000
15 000
,-00
18.04
nn)
In... Profi
y 3.08
19,146
28 584
3
00
_8.97
eserve
$} 8,300
55,000
97 500
