INDUSTR("
SUBSIDIARIES: Baker River Power, Light and Water Co. which supplies 2%
of the company’s power requirements, with additional undeveloped water power
sufficient to more than supply the total requirements.
DFFICERS: E. P. Lucas, Pres.; C. N. Reitze, Vice Pres. & Gen. Mgr.: G. E. Dickinson,
Vice Pres. & Sec'y.; C. L. Wagner, Vice Pres.; Gordon Tongue, Treas &
Sales Mgr.
DIRECTORS: M. A. Arnold, R. V. Ankeny, H. Goetz, J. J. Murphy, J. H. Kane,
J. A. Swalwell, H. G. Reed, T. B. Eastland, N. R. Tucker, E. P. Ross, C. N. Reitze,
G. E. Dickinson, C. L. Wagner, Gordon Tongue.
GENERAL COUNSEL: Stratton & Kane, Seattle, Wash.
GENERAL AUDITORS: Smith, Robertson & Co. Seattle, Wash
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Mon. in Jan.
Number of Employees: 150.
CAPITALIZATION, As of Dec. 31, 1929
Par Value
reemceneeenneaee-NO Par
No Par
1. Class A Part. Stock.
2. Class B Stock
Authorized
100,000 shs
100.000 shs
Outstanding
76,733 shs
100.000 shs
1. CLASS A PARTICIPATING STOCK
Provisions: Preferred as to dividends
up to 27%c per share per month, cumulative
from Dec. 1, 1925, and up to
350 a share in liquidation. After preferred
dividends have been paid on
Class A, dividends not exceeding $1.50
per year may be paid on Class B, after
which both classes participate equally
‘in further distribution of earnings.
Restrietions: No mortgage, lien or
nther incumbrance may be created or
bonds or notes issued (excepting purchase
money obligations) having maturity
longer than one year, except
with consent of majority of outstanding
Class A stock.
Callable: At $60 and accrued dividends
upon 60 days’ notice, either all
ur in part.
Convertible: Share for share into
Class B at any time, up to date announced
for redemption.
Voting Power: If 12 monthly dividends
are passed, Class A assumes full
voting rights, continuing until dividends
are brought up to date.
Dividends: 271%c¢ per share paid on
he first of each month since Jan. 1,
1926.
Ex-Dividend Date: 23rd of each
month.
Transfer Agent: Company's office.
Registrar: First Seattle Dexter Horton
National Bank, Seattle, Wash.
Legal Opinion by: Peters & Powell,
Seattle, Wash.
Public Offering by: Bond, Goodwin
& Tucker, Dec. 1925, at $45.
Number of Stockholders: 925.
Listed on: Seattle Stock Exchange
and San Francisco Curb Exchange.
Price Range:
192¢ 1922
High ............. PL
LOW vrei
2. CLASS B STOCK
Convertible: Share for share into Ex-Dividend Date:
Class A. and Dec. 15.
Dividends: $1 per annum paid quar- Transfer Agent: Offices of company.
terly, Mar, June, Sept. and Dec. 20 Registrar: First Seattle Dexter Horsince
Sept.. 1926 ton National Bank.
COMPARATIVE BALANCE SHEET, Ax of Dec. 31
‘a9
£04,214
*13,772
"R103
_a4
™
ASSETS—
Land, Buildings and Eauipment............._.
Investments .........__..
Deferred Charges .........
Current Assets:
CASH ieee eee eee
Notes and Accounts Rereivahla
Inventories ........
Total Current Assets.......... eee enee ean eaaann
TOTAL ASSETS ooo
LTABILITIES—
Capital and Surplur
Reserves ................
Current Liabilities:
Accounts and Notes Pavahla
Accrued Payrolls
Tax Reserve
rc
20
Ler
253
290
£580
374
52,004
22,695
9? 314
9
Total Current Liabilities ..................coooooi
TOTAL LIABILITIES
Net Working Capital
0
Gly WF
b!
