INDUSTRIALS

287

SMITH, DAVIDSON & WRIGHT, Ltd.

GENERAL OFFICE: Vancouver, B. C.
BRANCH OFFICES: Calgary, Edmonton, Saskatoon and Victoria.
HISTORY: Incorporated under laws of Canada, Feb. 28, 1907.
BUSINESS: Operates paper, stationery and printers’ supply houses in Western
Canada.
PROPERTY: Real estate and buildings are located in Vancouver, Calgary, Edmonton,
 Saskatoon and Victoria.
SUBSIDIARIES Company owns one-third of the outstanding stock of the Westminster
 Paper Co., New Westminster, B. C.
DIRECTORS Frederick Smith, William E. Davidson, Francis Wright, E. B. Mc-Dermid,
 Victor W. Odlum, Cecil F. Cotton.
CAPITALIZATION, As of Nov. 1929
Par Value Authorized Outstanding
7% 1st Cum. Pref. Shares....... $100 $500,000 $300,000
2nd Non-Cum. Pref. Shares... $100 $500,000 $300,000
Common Stock woeee..NO Par 18.000 shs 123.000 shs

I.
2.
2?

Ll. 7% FIRST CUMULATIVE REDEEMABLE PREFERENCE SHARES
Provisions: First charge on assets part on 30 days’ notice, on any dividend
of company except for mortgages, and date.
preferred as to 7% annual cumulative Voting Power: No vote except in
dividend. case of default of 6 quarterly divi-During
 the life of preference stock, dends, when entire voting rights are
the underwriters are to appoint at least !0 be assumed.
one director to the Board. Tax Status: Free of British Colum-The
 unissued First or Second Prefer- bia income tax.
ence stock can only be issued provid- Dividends: Payable quarterly, Jan.,
ing the asset received is equivalent to Apr., July, Oct. 1.
at least twice the par value of the Registrar: Royal Trust Co.
stock. : .
N : _ Ki . Public Offering by: Royal Financial
No senior securities ranking prior to Corp.,, Ltd.; Victor W. Odlum, Brown
First Preference stock may be issued & Co., Vancouver, B. C., April, 1930, at
without consent of two-thirds of First 100, with bonus of 1 share of ‘Common,
Preference shares. no par value, with each Preferred
Callable: At 105 as a whole or in share.
BALANCE SHEET, As of Nov. 30, 1929
ASSETS LIABILITIES
Real Estate and Buildings......... 7% 1st Pref. Cum. Shares........
Equipment cermin.
Trade Marks and Co- ~ioht. 2nd Pref. Non-Cum. Shares...
Investments: . .
Westminster Bape. Common Shares & Surplus...
Eonger Faveloner Real Estate Mortgage.........
Stanley Paper C B Accounts Payable ....
Accounts Receivable 3
Life Ins., Surrender Bills Pavable so
Cash esa pie TR
Deferred Charges
TOTAL ASSETS

<1 074 45%

SUNSET-McKEE SALESBOOK COMPANY

GENERAL OFFICE: 2101 Livingston St., Oakland, Calif.
BRANCH OFFICES: 1024 Ide Ave. Spokane, Wash.
HISTORY: Incorporated under laws of Delaware, Aug. 21, 1928. Acquired all
the outstanding capital stock of the McKee Salesbook Co. of Spokane, Wash. the
McKee Salesbook Co., the Sunset Fanfold Co. and the Hall-White Co. of Oakland,
Calif. The Oakland companies were consolidated in 1929.
BUSINESS: A holding company, whose subsidiaries manufacture salesbooks and
various manifold forms and do general commercial printing.
FACTORIES: In Oakland, Calif., and Spokane, Wash. .
OFFICERS: Frank H. Abbott, Jr., Pres.; James A. McKee, Vice Pres.; W. H.
Fischer, Vice Pres.; L. H. Munson, Sec'y.
DIRECTORS: Frank H. Abbott, Jr., James H. Brady, Horace J. Brown. Robert
Buchanan, W. H. Fischer, James A. McKee, Edwin Smetheram.
GENERAL AUDITORS: Lybrand, Ross Bros. & Montgomery.
Fiseal Year Ends: Aug. 31. Annual Meeting: 1st Mon in Nov