THOMSON'S MANUAL
FUNDED DEBT, As of Dec. 31, 1929
Rate Dated Due Authorized Outstanding
1. Collateral Trust Series A....... 7% 1-1-21 1-1-37 $250,000 $200,000
2. Collateral Trust Series B....... 7% 4-15-25 4-15-33 $500,000 $320,000
1. COLLATERAL TRUST 7% SERIAL GOLD BONDS, SERIES A
Interest Payable: Semi-annually, Tax Status: Company pays Federal
lune 1, Dec. 1, at Trustee's office. income tax up to 2%.
Principal Payable: $25,000 annually, Security: Secured by long-term
peginning June 1, 1928, at Trustee's of- service contracts with a diversified list
fice, of mercantile organizations.
Trustee: First Seattle Dexter Hor- Legal Opinion by: Donworth, Todd
ron Nat. Bank, Seattle, Wash. & Higgins, Seattle, Wash.,, and Shank,
Registerable: As to principal only. Belt & Fairbrook, Seattle, Wash.
Denominations: $1,000, $500, $250. Offered by: The company, Jan. 1921,
Callable: At 105 on 30 days’ notice. at 991%.
2. COLLATERAL TRUST 7% SERIAL GOLD RONDS, SERIES B
Interest Payable: Semi-annually, pany, secured by service contracts with
Apr. and Oct. 15, by the Trustee. users of the service. Annual income of
Principal Payable: Apr. 15, 1927, contracts pledged not to be less than
£30,000; 1928, $60,000; 1929, $90,000; 130% of annual interest and principal.
1930, $95,000; 1931, $95,000; 1932, $80,000, Further secured by deposit of all Compy
the Trustee. mon stock except qualifying shares.
Trustee: National Bank of Com- Legal Opinion by: Preston, Thormerce,
Seattle, Wash. grimson & Turner, Seattle, Wash., and
Denominations: $1,000, $500, $100. R. H. Coshun, Seattle, Wash.
Callable: By lot on any interest Mechanical and Technical Features:
Jate, on 60 days’ notice at 102. Approved by F. A. Rasch, Industrial
Tax Status: Company pays normal Engineer, Portland, Ore.
Federal income tax up to 2%. Offered by: Freeman Smith & Camp
securitv:. Direct obligation of com- Co., Portland, Ore., May, 1925, at par.
BEAVER PORTLAND CEMENT COMPANY
GENERAL OFFICE: 603 Lumbermen’s Bldg. Portland, Ore.
CONTROL: By Ross Island Sand & Gravel Co.
HISTORY: Incorporated under laws of Oregon, April, 1913.
BUSINESS: Manufacturing Portland and a special cement. Also furnish limestone
for use in paper manufacturing and agricultural fertilizers.
PROPERTY, PLANTS & EQUIPMENT: Plant at Gold Hill, Jackson County, Oregon,
of 1,600 bbls. daily capacity. Wet process, with limestone and shale deposits
adjoining. Limerock deposits at Marble Mountain, Josephine County, Oregon.
Company owns three miles of standard gauge railroad and one mile of
tramway, connecting limerock deposits with California and Oregon Coast Railroad
at Wildeville.
DFFICERS AND DIRECTORS: D. L. Carpenter, Pres.; W. H. Muirhead, Vice
Pres.; L. H. Adams, Sec’y.; A. C. Nelson, Asst. Sec'y.; Wm. Schrump, Director
GENERAL COUNSEL: W. Lair Thompson, Portland, Ore.
GENERAL AUDITORS: Haskins & Sells, Portland, Ore.
Fiscal Year Ends: Dec. 31. Annual Meeting: 4th Wed. in Feb.
Number of Employees: 80.
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized
7% Cum. Prior Preferred Stock... $100 $150,000
7% Cum. Preferred Stock... ......... $100 $350,000
Common Stock ....... ee. R100 $500.000
Outstanding
$150,000
. $293,330
500.000
DETAILS OF STOCK
Provisions: Both classes of Pre- Ownership: Ross Island Sand &
ferred are cumulative to extent of 7% Gravel Co. owns all of Prior Preferred
annually, and take preference over stock, $152,070 of Preferred stock and
Common stock up to $100 per share in $275,000 of Common stock.
case of liquidation. Dividends: Not reported
COMPARATIVE BALANCE SHEET. As of Dee. 31
1928
10,360
16,432
70 999
ASSETS-IYRBI
corinne ER RS wg eS ee
Bills and Accounts Receivable................
inventories ooeeeeeeen... ee eee eran
1927
5 9,497
76,532
17.625
Total Current Assets............
Plant and Equipment... . .
[NVEStINEINIES eee eee eeeeeeva vce cceeesesnmn carn ame eos osamnem nee an in
DEfarTed ASSOLE ecm i ssi is Sinise sams wavwmaman
DIHET ASSES co. ooo eeeeeeeeeeeee remem eememes eons oe emnesonanesan ema ran: 9
TOTAL ASSETS i 82.094.640
SC
7
£70
204,654
,364
1,683
“7 466
292 108.082
