Full text: Thomson's manual of Pacific Northwest finance

420 
THOMSON'S MANUAL 
BRITISH COLUMBIA PACKERS, LIMITED 
GENERAL OFFICE: 325 Howe St, Vancouver, B.C. 
BRANCH OFFICE: 1608 Star Bldg. Toronto. 
HISTORY: Incorporated under laws of Canada, May 18, 1928, to acquire the 
shares of the British Columbia Fishing & Packing Co., Ltd., The Gosse Packing 
Co., Ltd.,, The Millerd Packing Co., and also the Wallace Fisheries, Ltd., a sub- 
sidiary of British Columbia Fishing and Packing Co., Ltd. Purchased Skeena 
Packing Co. from Pacific American Fisheries in June, 1930. 
BUSINESS: A holdng and operating company engaged in the production of 
canned salmon, cured fish, fish meal and fish oil on the Pacific Coast. In addi- 
tion, the company operates a fleet of power boats engaged in fishing. 
PROPERTY, PLANTS, EQUIPMENT: The company operates 39 canneries, oil 
and meal plants, mild-curing plants, dry salteries and fresh and frozen fish 
plants, a sawmill and a shipyard. A fleet of 32 power boats is maintained and 
3 number of smaller craft. The entire properties are operated by the company 
under a 21-year lease dated Oct. 1, 1928. 
SUBSIDIARIES: British Columbia Fishing & Packing Co., Ltd, Wallace Fish- 
aries, Litd., the Gosse Packing Co, Ltd., the Milerd Packing Co., Ltd. 
OFFICERS: Aemilius Jarvis, Ch. of Bd.; Stanley J. Burke, Pres.; Richard J. 
Gosse, Vice-Pres.; Robert C. Gosse, Vice-Pres.; F. R. Bartlett, Sec.-Treas. 
DIRECTORS: Aemilius Jarvis, Toronto, Ont.; J. H. Grundy, Toronto, Ont.; Rich- 
ard J. Goss, Robert C. Goss, Stanley J. Burke, F. E. Burke, Vancouver, B.C 
GENERAL AUDITORS: Price, Waterhouse & Co. 
Fiscal Year Ends: Feb. 28. Annual Meeting: At call of directors. 
Number of Employees: From 100 to 1600, according to the season. 
CAPITALIZATION, As of Feb. 28, 1930 
Par Value Authorized Outstanding 
I SURI 3 (11 $5,000,000 $3,916,900 
weeeeveeee. No Par 500,000 shs 277.556 shs 
1. 7% Cum. Pref. Stock... 
2. Common Stock ... 
PREFERRED STOCK 
Provisions: Preference as to divi- ‘in which case each share carries one 
dends and to assets to the extent of vote. 
110 in case of voluntary liquidation, Dividends: Cumulative from April 1, 
and 100 in case of involuntary liquida- 1929. Payable quarterly, July 1, etc. 
tion. Dividends paid regularly since initial 
Sinking Fund: 109% of net earnings payment, July 1, 1929. 
set aside annually to provide for re- Ex-Dividend Date: Mar., June, Sept. 
jemption of preferred stock. and Dec. 15th ’ ’ ’ 
Callable: At 110 and accrued divi- : : 
dends in whole or in part on 30 days’ Transfer Agent: Montreal Trust Co, 
notice. Toronto and Montreal. 
Voting Power: Non-voting, unless Registrar: National Trust Co., Toron- 
‘our quarterly dividends are in arrears. to and Montreal. 
i. 7% CUMULATIVE 
2. COMMON STOCK 
Details: Fully paid, non-assessable, Transfer Agent: Montreal Trust Co., 
aon- personal liability. 99,608 Stages Toronto and Montreal. 
were exchanged, share for share, for i : i 1 T Co., To- 
B C.” Fishing & Packing Co.; 20,000 ro piitay; Taiions Puss Co. To 
hired, Shore Tor shore, To) Gone Pps Listed on: Montreal Stock Exchange 
shares of Millerd Packing Co.; 110,000 and Toronto Stock Exchange. 
shares were sold to Wood, Gundy & Co., Price Range: 1930—High, 13%; Low, 
for $1,000,000. 6: 1929—High, 321%; Low, 51%; 1928— 
Dividends: None paid to May, 1930. High, 321%; Low. 28. 
COMPARATIVE INCOME STATEMENT. Years Ending Feb. 28 
1930 
$634,276 
332,922 
29,654 
2K 000 
1929 
$1,285,999 
329,953 
38,902 
110.000 
807,144 
116,962 
+» 690,182 
“3995 
Net BEATNINES cooreeieeeeeeocceeceiie oeeeeemeeaeamceeeemn acm re ann mnannaanomne 
Maintenance and Renewals ...ooimeeeieae ie eeecneammenns 
Interest on Funded Debt. rive on amb emreRER mE 
Provision for TaXesS. om oo 
Net INCOME oo eeeeeeeeeeeeeeae eee eam ee mmm mmm sme m mm mmanmmeen 
Expenses incurred through change of fiscal vear ............ 
Preferred Dividends ................... 
SUTPIUS FOr the Ye AT. noe eemnmeeemmeeneeennee® G0 8 
Earned, per share preferred StOCK oo oceeireeeereeemaeeneeee 95.88 
Harned. per Share COMMON SOCK... ee eee eeeeeeeceemonsssssnmnnen  —oeenceasmer 
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