THOMSON'S MANUAL
BUCKERFIELD'S, LIMITED
GENERAL OFFICE: Vancouver, B. C.
BRANCH OFFICES: Retail branches have been operated at South Vancouver,
Burnaby, Abbotsford and Chilliwack.
HISTORY: Incorporated under laws of Canada, April, 1928. The business now
conducted under the name of Buckerfield’s Limited commenced in 1919 as a part-
nership , Vernon & Buckerfield. The firm was incorporated under the British
Columbia Companies Act in 1925 as Vernon & Buckerfield Limited and the name
of this company was changed to the present style in April, 1928. The present
company of the same name has been incorporated under the Dominion Com-
panies Act to acquire the entire assets and business of the provincial company.
BUSINESS: The Company conducts a seed business, wholewheat flour manufac-
;uring plant, and is engaged in the manufacture and wholesale and retail dis-
tribution of poultry and dairy feeds, wholesale hay and grain business and the
marketing of by-products from the terminal elevators in Vancouver.
PROPERTY: Company has plant on the waterfront at Vancouver, B. C., es-
pecially designed, with modern machinery for handling the business. Also has
dock for coastwise shipping and can build deep-sea dock when required. Prop-
arty on which plant is located is all under lease, expiring in 1947.
SUBSIDIARIES: Westminster Grain Co., at New Westminster, B. C.
OFFICERS: E. Ernest Buckerfield, Pres.; J. P. D. Malkin, Vice Pres.
DIRECTORS: E. Ernest Buckerfield, J. P. D. Malkin, Gordon Farrell, R. H. Tup-
per, Blake M. Wilson, Stanley Burke.
GENERAL AUDITORS: Helliwell, Maclachlan & Co.
Fiscal Year Ends: Dec. 31.
CAPITALIZATION: Par Value
t. 7% Preferred StocK....oeiiiieins $100
2. Common Stock ooo. weeeeee.oNoO Par
Outstanding
$270,000
10.000 shs
FUNDED DEBT
First Mortgage Sinking Rate Dated Due Authorized Qutstanding
Fund Gold Bonds................ 6% 2-1-29 2-1-49 $500,000 $250,000
Interest Payable: Feb. and July 1, at
the Imperial Bank of Canada, Victoria
nr Vancouver, B. C., or Winnipeg, Man.
Trustee: Montreal Trust Co.
Registerable: As to principal.
Denominations: $1,000 and $500.
Callable: At option of company in
whole or in part on any interest date
>n 30 days’ notice at 104 and accrued
interest to Feb. 1, 1934; at 103 from
Feb. 1, 1934, to Feb. 1, 1939; at 102 from
Feb. 1, 1939, to Feb. 1, 1944, and at 101
‘rom Feb. 1, 1944, until maturity.
Remaining $250,000 of bonds may be
issued in the discretion of directors, to
the extent of 609% of cost or appraised
value, whichever may be less, of addi-
tional property to be defined in the
trust deed; and then only if average
annual net earnings for two years im-
mediately preceding date of issue of
such additional bonds shall have been
not less than three times annual inter-
saat charges on all the first mortgage
syonds of the company to be outstand-
ng after proposed additional issue.
Sinking Fund: An annual sinking
‘und amounting to $7,194.85, the first
leposit to be made on Feb. 1, 1930. This
(eposit with compound interest is suf-
jcient to retire the bonds of Series A
yy maturity. Sinking fund will be
1sed either for the purchase of these
onds on the open market, at or below
he redemption price, or for the re-
lemption of bonds of Series A to be
»alled bv lot at the redemption price.
security: Direct obligation of Buck-
.rfield’s Limited and is secured by a
irst specific charge on all fixed as-
iets now owned or hereafter acquired,
and by a floating charge on all other
18sets.
Legal Opinion by: Walsh, Bull, Hous-
ser, Tupper, McKim & Molson.
Offered by: Pemberton & Son, Van-
.ouver. Feb.. 1929, at 97.2.
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