Full text : Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL

DFFICERS: Henry J. Lowdon, Pres. & Gen. Mgr.; R. C. Eklund, Secy.; Earl L.
Murray, Gen. Superintendent.
DIRECTORS: H. M. Casey, L. R. Stradley, Ben Herz, Earl 1. Murray. Henry J.
_owdon.
GENERAL AUDITORS: Lybrand, Ross Bros. and Montgomery.
CAPITALIZATION- Par Value Authorized Outstanding
TommoN . ..eeeeeeees cecsesssseeeamn No Par 100,000 shs 47,362 shs
COMMON STOCK

Details: Issued to take care of cur- Legal Opinion by: Harroun, Robinrent
 obligations for expansion of busi- son, Maloy & Shidler
ness and working capital, to handle ’ ) :
profitable business that is being of- Public Offering by: B. B. Odom &
fered. Co.. Seattle, May, 1930, at $5.

BALANCE SHEET, As of May 10, 1930
(After Giving Effect to Financing)
A SSSETC LIABILITIES

Cash obras enn messesemmk STE Er teres
Notes and accounts receivable..
~ontracts receivable ........
‘nventories ..... _—

34,946
7,360
220
26890

Total Current Assets..........
Furniture, equipment, etc..........
Stocks and bonds. ....ceceeeeeaenes
[nvestment in Multachrom
Lights and Signs, Ltd............
Jales and patent rights, processes,
 formulas. etc... Sessa
Lease deposits .. eames
TOTAL ASSETS ........ o....$194.594

Current—
Provisions for TaXes.......coccceeeeeeeed 365
Deposits on SigNS.ccu ieee 683
Unearned Sign Rentals..........._... 787
Total Current Liabilities........$§ 1,836
CAPITAL
Authorized 100,000 shares no
par value, issued 47,362
shares .... eee. $192,758
TOTAL LIABILITIES................§194,594
Contingent: Contracts receivable discounted
 $11.194.

NEON PRODUCTS OF WESTERN CANADA, LTD.

GENERAL OFFICE: 260 Terminal Ave, Vancouver, B. C.
BRANCH OFFICES: Victoria, B.C, Calgary, Alberta and Edmonton, Alberta.
HISTORY: Incorporated under laws of Dominion of Canada, December 20, 1929.
0 take over company of same name incorporated April 24, 1928.
CHARACTER OF BUSINESS: Manufacture and distribution of Claude Neon
products in the Provinces of British Columbia and Alberta in which territory
rompany holds franchise. Company leases signs to users on a monthlv rental
ha sis.
PROPERTY: Main plant in Vancouver, B. C., sub-plant in Victoria, B.C.
OFFICERS: J. P. D. Malkin, Pres.; George W. Sweny. Managing Dir.; C. C.
Torbet, Secy-Treas.
DIRECTORS: J. P. D. Malkin, George W. Sweny, John W. MacDougal, W. C.
Woodward, Blake M. Wilson, Jr.,, Ernest E. Buckerfield, George E. Housser.
Harold E. Molson, Gordon Farrell, Stanley Burke, R. H. B. Ker.
GENERAL COUNSEL: H. I. Bird, Vancouver, B.C.
GENERAL AUDITORS: Melliwell, Maclachlan & Co., Ltd., Vancouver, B.C.
Fiscal Year Ends: April 30. Annual Meeting: June.

CAPITALIZATION, As of Dec. 31, 1929
i. 69% Cum.| Pref. Stok iene $50 10,000 shs 6,000 shs
) Common Stock ... ee revecce-e No Par 60.000 shs 54.836 shs

1. 68% CUMULATIVE

Provisions: Preferred as to assets
and 6% cumulative dividends. In case
»f voluntary or involuntary liquidation
antitled to $51.60 per share, plus accrued
 dividends. No capital liability
may be issued without consent 24 of
oreference stockholders.
Calable: On any dividend date on 60
days’ notice at $51.50 and accrued diviiends.

Voting Power: When 6 quarterly
lividends are unpaid, holders may elect

PREFERENCE STOCK

majority of directors and have equal
vote on all other matters.
Dividends: 69% per annum payable at
any branch of the Royal Bank of Canada
 on Feb. May, Aug. and Nov. 1.
Registrar and Transfer Agent: Lonjon
 & Western Trust Co. Ltd. Vancouver,

Public Offering by: Pemberton &
Son, Vancouver, B.C.
Dated Offered: Dec. 1929. Price: $66
per unit, of one preference and one
rommon share
            
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