INDUSTRIALS
HORLUCK'S, INC.
GENERAL OFFICE: Westlake Ave. and Mercer St, Seattle, Wash.
HISTORY: Incorporated under laws of Washington, January, 1928.
BUSINESS: Company operates a chain of malted milk shops in Seattle and other
cities in Western Washington, dispensing ice cream, sandwiches, and pastry, all
prepared in the company's central plant. Manufactures and dispenses a special
ice cream known as “Danish Ice Cream,” and other specialties, the names of
which are copyrighted.
PROPERTY: Company's property consists of equipment in 21 shops, 17 of which
are operated in Seattle, 2 in Tacoma, 1 in Bellingham and 1 in Bremerton, Wash.
OFFICERS: George F. Horluck, Pres. & Treas.; H. J. Horluck, Vice-Pres. & Secy.
DIRECTORS: George F. Horluck, H. J. Horluck, Charles T. Hutson.
GENERAL AUDITORS: Lybrand, Ross Bros. & Montgomery.
Fiscal Year Ends: Dec. 31. Annual Meeting: 1st Monday in May.
CAPITALIZATION, As of Dee. 31, 1929
Par Value Authorized
$10 10,000 shs
No Par 20,000 shs
i. 7% CUMULATIVE PREFERRED STOCK
Provisions: Preferred as to dividends, Transfer Agent: Metropolitan Na-Thick
are earpnlative, ard as to assets. tional Bank, Seattle.
Stock is non-participating.
Callable: 2 $10.50. & Registrar: First Seattle Dexter Hor-Joting
Power: Non-voting except ton National Bank.
when dividends are in arrears 1 year, .
in which event equal voting rights with Public Offering by: B. B. Odom &
common are assumed. Co., Jan. 14, 1929, in units of 2 shares
Dividends: Payable quarterly Mar. Preferred and 1 share of common at
Tune. Sept. and Dec. 1 $30 per unit.
BALANCE SHEET, As of Dec. 31, 1929
ASSETS LIABILITIES
Notes Payable ..............
Purchase Contracts .
Accounts Payable .
Due Officers ...........
Federal Tax Reserve.
Pav Roll Accrued
Cash «oon
Bonds ........
Accounts Receiv:
Inventories ....
Rent Paid in Adv:
6.643
590
1,087
8,751
3.729
10.000
4,357
2,983
2,059
5,000
"AD
-
Total Current Asse..
Equipment, Patents rr?
Marks ............
Deferred Assets
n
Total ™
“ontrac:
Preferred
Jommon
‘urplus .
: Fravable....
$1,259
8.562
IC 000
35,000
212 985
- CT BR
AR 06
creeeeennd 33.258
IRON FIREMAN MANUFACTURING COMPANY
GENERAL OFFICE: 984 East 17th St., Portland, Ore.
BRANCH OFFICES: St. Louis, Mo.; Cleveland, Ohio, and Chicago, Ill.
HISTORY: Incorporated under laws of Oregon, Feb. 26, 1926, as successor to a
partnership. First began national distribution of product in 1925.
BUSINESS: Manufactures-automatic coal stokers in nine sizes suitable for small
power and heating plants up to 200 horsepower. Stokers permit use of lower
grades of coal and save labor. Product distributed by 300 dealers located in
principal cities of the U. S.
PROPERTY: Modern factory at Portland, Ore.; 42,500 ft. floor space; annual capacity,
15,000 stokers; factory in Cleveland, Ohio, with 60,000 sq. ft. floor space;
warehouse in St. Louis, Mo.
SUBSIDIARIES: Controls Iron Fireman of New York, Inc, and Iron Fireman
Mfg. Co. of Wisconsin, both sales companies.
MANAGEMENT: T. H. Banfield, Pres.; E. C. Sammons, Vice Pres.: F. S. Hecox,
Secy.; W. H. Gray, Treas.
DIRECTORS: T. H. Banfield, E. C. Sammons, W. H. Gray, T. Henry Boyd, Mansel
P. Griffiths.
GENERAL AUDITORS: Price, Waterhouse & Co., Portland, Ore.
Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Wed. in Feb.
Number of Employees: Dec. 31, 1929, 400.
CAPITALIZATION: Par Value Authorized
(‘ommon Stock ...No Par 200 000 shs
TOTAL ASSETS
