THOMSON'S MANUAL
2. CLASS B STOCK
Provision; Carpio Droforoniial right Transfer Agent: Crocker First Fed-
to subscribe to additional B stock is- eral Trust . ; ;
sued, but not to Class A; and with ex- ust Co. San Fransisco. Colik
ception of 50,000 shares reserved for Registrar: Wells Fargo Bank & Un-
employees, and 200,000 Ses reserved ion Trust Co., San Francisco, Calif.
Oe oor Asoc vouing _. Legal Opinion by: Orrick, Palmer &
sxcept that Class A is entitled to elect Dahlquist, San Franeisco, Calif.
majority of trustees if 4 quarterly di- Public Offering by: E. H. Rollins &
vidends are in arrears. Sons, Oct. 8, 1928, at $23.
Dividends: Jan., Apr. July, Oct. 1,
37i4c quarterly from and including Number of Stockholders: 970.
ho 1, 1808, Lo ana inouding Ape, 3 Listed on: San Francisco and Los
L A asse ividen or quarter end- :
>d June 30, 1930. Angeles Stock Exehangas,
Ex-Dividend Date: Not more than Price Range: 1929, High 281%, low
15 days prior to date of payment. 14; 1930 to June 1, high 14, low 6.
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
1929 1928
$7,006,468 $6,799,728
6,183,499 6,110,527
689,201
65.966
ross Revenue ............
Operating EXpPense -....ciminnaee nee
Net BaTNiNgS acocceencccacnmmnerni one ceonvennnn seen eee $812,969
ODEtRET INCOME eoemoooooenncccaeciassmmamamaaesosommnmammm amon srasass sens tats s ms anaaann. 66.418
Total INCOME .......coeecrsrmsmnmnmnens EP ——
Minority Interest ......... Es FT, .
Interest and MiSC. oiocieeecs cccmmmmammens ceemoceeocecsamocaseeesesmeonen oe
Federal TAX ccoocemceocccecemccccecmmassmnmmmnsenssdoaronsiammaonnns een neane
Depreciation and Maintenance... iiiiinaeees
“TE 167
27.973
7 ano
187 769
5 i
ity, 00
259,683
rg
Net INCOME ooeeeiimienicenenees
Preferred Dividends ........ccccoeeeee
Common Dividends .ceeeeeceocceiiiannanas
3 539,435
160,000
240.000
$ 139,432
80.000
160,000
$6.74
2.37
Surplus for the year............. _. whem ARR Ew ye
Number shares Class A outstanding......... ceceiiiannaaes
Number shares Class B outstanding...
Warned, per share Class A stock. ann
Earned. per share Class B stock-. —--
TOMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31
ASSET 1929 1928
102,294 $ 170,283
858,044 845,243
1,755,702 1,621,248
18.386 30,713
29 664
300
22
“t.25
2.01
CY SIL cree eacecumasemamemascesmmcesecccecseismsmememmeTesssascececessesemsommsioessosisssssees
Notes and Accounts Receivable... iii
[Inventories .cccaemaaee eemmmannnnn ant pms me pn EEE
Dh er CUTTENT A SSCL S eee eee eee eaaee ee oes sma mmm sam emeeanonnr
IADILAL SUOCK ..ovreymyrmmmmprmssspsis sh ssss missin snsmipimsssssorasss nee $3,971,247
and, Buildings, Equipment. ete. eae 1,706,303
Patents, etc. .. nnn eaan mana ERR 74,000
"ILIV BRLITIGTIES on oreeemmmmmnnmms ummm snes mani EERE ASHER SS a aR ERA ym sr AE 268,883
‘mprovements to Leased Buildings. .iiciiiiciiinns vemos
Smployees’ Stock Subscriptions eee 7,023
Freight Claims ......... eee ame amen nna anaanans 10,633
Neferred Charges ...c......... eam cammmatasasemnmmnanne 296,346
TOTAL ASSETS reer $5.097 614
1,456,524
15,002
238,202
52,645
"13,562
240,675
$4,684,097
LIABILITIES—
Notes Payable ............
Accounts Payable ....
Tax Reserve wo...
Dividends Pavable _..
188,850
192,095
581.754
2
227,974
290,680
60,556
100.000
Total Current Liabilities ........... & 732,699
Capital Stock ....... eaeaaaaaaaaaeeeaaaanen- $3,971,247
Japital SUIDIUS ciao s enna a nmanamancananae eres 201,239
Profit and LoSS SUTPIUS. cece e+ eeeeeeeeeeaac oe = —onnesaeeneeeaeee 116,657
MOrt2age Payable ieee cccectiim eens e enema nannies 56,621
Reserve for Contingencies... eeceeeaeacea ce ececcsncnnen. 19.152
TOTAL LIABILITIES ieee eeaaeamcaaseesnnnnnnennnnnn- $0,097,614
Net Working Capital...... ee. 2.001.727
679,210
3.964.887
"40.000
$4,684,097
1.988.277