INDUSTRIALS
COMPARATIVE CONSOLIDATED BALANCE SHEET, A- »{ Dec. 31
ASSETS- 1929 1528 1927
«(Oil Lands, Prop. & Equipment................[ 1,450,748 $58,264 492 $48,754,244
Tax Refund Claim... 121,403 eeeccnaans eeemmnennn
Investments and Advances............. it 22,187 806,926 317,859
Pan-Am. West. Stock........oo 950 1%
Stock Subscriptions Lal ———-Prepaid
Expense ... ’ © A0E
CABD cusmmsiissmminmae [ cere een r
Notes & Accts. Receivable.......................
Marketable Securities .. emer a
Inventories eememeeas
TOTAL ASSET
LLIABILITIE.
Preferred Stock
Common Stock ...
Funded Debt _......
Deferred Credits oo... iin iin.
Advance from Afriliated Companies....
GOolA NOLES umvmsiumssssnisson —ssmesissssssppsnsnripes
Deferred Purchase Obligation... .
Bank Notes ........... Cee
Accounts and Note-Current
Purchase ..
Preferred Dividends
Gas Tax ..
Federal Tax ......... :
Accrued Interest, etc. ........
Litigation Reserve ....................
Capital Surplus
Surplus ...
eee. $131.6
359.834.9220
9,997,500
? £51,031
£7,900
£,083
9 5490
6,458,500
29,232,325
12.650.000
16,064
~,000
2,402
0,934
. 4,960
«16,634
“52,236
72,692
4,000,00C
> 847,17:
1.351,%
427,000
471,982
690,000
427,252
237 496
ng
376,734
200,000
91.939
TOTAL LIABILITIES ............ .. .
*After depreciation and deple“i~n.
FUNDEFE" ’
J 692
“iy
€
.
jo
iE
d&
259 834.920
Outstanding
First Mort. Bonds Serie: $25,917,000
Pan-Amer. 1st Mtg........ $10,770,900
Real Estate Mortgage........ eevee vonnnnn $410.000
FIRST MORTGAGE & COLLATERAL TRUST 8% SINKING FUND
GOLD BONDS, SERIES A
Interest Payable: May and Nov. 1, not exceeding the redemption price;
at Bank of America, New York, or at amount to be increased proportionate-Trustee's
office. ly if any more bonds are issued.
p Lrihtees Security-Firs. Nat. Bank Tax Status: Company pavs 2% Fed-*f
Los Angeles. Ce. eral income tax and refunds Penn,
Registerable: As to principai Calif, D. of C., Conn. Md. Ky. and
Denominations: $1,000 and $500. Mass. income taxes ! ! ’
Callable: On 45 days’ notice at 102% EE Lo
and interest. Security: First lien on all real prop-Convertible:
Each $1,000 principal >rty now owned or hereafter acquired
amount of bonds convertible into 18 (except U. S. Govt. leases) and by deshares
Common stock from May 1, 1929 Posit of all capital stock of the United
to April 30, 1932; 17 shares from May Oil Co. all Class A Common (voting)
1, 1932, to April 30, 1935; 16 shares from 2nd 79.8% of the Class B Common of
May 1, 1935 to April 30, 1938; 15 shares the Pan-American Western Petroleum
from May 1, 1938, to April 30, 1941; or Co
14 shares from May 1, 1941, to May 1, Offered by: Tucker, Hunter, Dulin
1944, Co., San Francisco; Hemphill, Noyes &
Sinking Fund: Starting Nov. 1, 1929, Co., Havden, Stone & Co. and Cassatt
$417,000 to be retired semi-annually at % Co.. New York. Mav, 1929, at 99.
2. PAN-AMERICAN PETROLEUM (CO. FIRST MORTGAGE 15-YEAR CON-VERTIBLE
6% SINKING FUND GOLD BONDS
Interest Payable: June and Dec. 15, 1931; $195 through Dec. 15, 1934; $210
at Bank of America, New York. or com- through Dec. 15, 1937; $225 thereafter.
pany’s office. Sinking Fund: Starting Dec. 15,
Trustee: Chase National Bank of 1927, company delivers to Trustee 1-28
New York, Security-First Nat. Bank, of entire issue on each June & Dec. 15.
Los Angeles. Tax Status: Company pays 29% Fed-Registrar:
Chase Nat. Bank, New a2ral income tax and refunds Penn. and
York. Mass. state income taxes.
Registerable: As to principal. Security: First mortgage on sub-Denominations:
$1,000, $500 and $100. stantially all real estate owned in fee
Callable: As a whole only, except at date of mortgage, including about
for sinking fund, at any time on 60 1,242 acres of oil and gas land, a redays’
notice at 105 up to and including finery, terminals and storage plants.
Dec. 15, 1926; premium decreasing 4 % Offered by: Blair & Co. Inc., New
per year thereafter. York, Dec. 1925, at 99 and interest.
Convertible: Into Richfield Com- Listed on: New York Stock Exmon
stock at $180 through Dec. 31. change
of Dec. 31, 1929
2d “thie ‘uthorized
z5 tT at $75,000,000
12-15-25 12-15-40 $15,000,000
1930
