Date
7-25-28
10-20-28

1-10-29
2-15-29
5-15-29

7-15-29
10-30-29

FINANCE

3507

PARTICIPATING PREFERENCE STOCK CHRONOLOGY
Shares Price Basis of Offering
41,681 oe To stockholders of other corporations
in United Group.
25 nce Exchanged 1% shares for each Common
share of United Bond & Share Corp.
and United Pacific Corp.
To stockholders, 1 new share for each
2 held. :
To stockholders, 3 new shares for each
10 held.
Stockholders, in return for $1.50 per
share, waived rights to this 150,000
shares, 75,000 of which were sold to
United Founders Corp., New York,
and 75,000 to the public.
To stockholders, 1 new share for each
3 held.
To stockholders, 1 new share for each
{1 held.

DETAILS OF STOCK
1. PARTICIPATING PREFERENCE STOCK

Provisions: Has priority as to noncumulative
 dividends up to $1 per
share per annum, after which Common
stock is entitled to $1 per share per
annum. Further dividends divided
equally between both classes, share for
share. In liquidation, has priority up
to $25 per share, after which Common
stock is entitled to $25 per share; further
 assets to be distributed equally,
share for share, between both classes.
Voting Power: Non-voting except
when dividends have been earned two
successive vears and not paid.

Dividends: Nov. 1, 1928, initial dividend
 of 25c¢ per share, plus extra 15¢;
Feb. 1, 1929, 35¢; Apr. 1, 1929, 40c; May
25. 1929, 60c: Aug. 31. 1929 40c* Nov.

30, 1929, 40c; Dec. 20, 1929, 25c:; Mar. 1,
1930, 40c. In May, 1930, company anaounced
 stockholders would have option
 of 6% in stock in lieu of regular
cash dividend of $1.60 annually.
Transfer Agent: Pacific National
Bank, Seattle, and Central Hanover
3ank & Trust Co., New York.
Registrar: Pacific National Dank,
Seattle, and Equitable Trust Co., New
York.
Number of Stockholders: June 30
1930, 3,162.
Listed on:
Price Rane
High
Low ....
*To June

2. COMMON STOCK

Ownership: Of the original issue of
30,000 shares, 21, 482 shares were acquired
 by the principals of Drumheller,
Ehrlichman & White. On June 30,
1930, United Founders Corp. owned
10,754 shares.
Voting Power: Has sole voting power,
 except when dividends on Preference
 stock have been earned but not
paid for two successive vears.

Dividends: April 1, 1929, $1; May 25,
1929, 60c; Dec. 20. 1929, $1.05; Mar. 1,
1930, 40c.
Transfer Agent: Pacific Nat. Bank,
Seattle; Central Hanover Bank & Trust
Co., New York.
Registrar: Pacific Nat. Bank, Seattle:
 Equitable Trust Co. New Yorl.

I'NITED PACIFIC BOND AND SHARE CORPORATION

GENERAL OFFICE: 800 Second Ave, Seattle, Wash.
CONTROL: United National Corporation owns all but directors’ qualifying
shares.
HISTORY: Incorporated under laws of Washington, 1930, as a consolidation of
United Bond Share Corp. (Nov. 1925), United Pacific Corp. (Jan. 16, 1928), and
United Diversified Securities Corp. (Jan. 13, 1927).
BUSINESS: An investment trust of general management type.
OFFICERS: R. M. Drumheller, Chairman; Ben B. Ehrlichman, Pres.; W. H.
White, Vice Pres.; R. I. Ehrlichman, Vice Pres.; Odd O. Young, Vice Pres.; L. C.
Barton, Sec’y-Treas.; R. F. Hewitt, Asst. Sec'y-Treas.
TRUSTEES: R. M. Drumheller. Ben B. Erhlichman. W, H. White. R. I. Ehrlichman.
 Odd O. Young.
CAPITALIZATION, As of June 30, 1930
Par Value Authorized
$20 2900 000 shs

Outstanding
192.967 shs