Full text : Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL
WESTERN DAIRY PRODUCTS COMPANY
GENERAL OFFICE: 1501 Fourth Ave. So. Seattle, Wash.
DIVISION OFFICES: Portland, Ore. and Los Angeles, Calif.
HISTORY: Incorporated under laws of Delaware, Sept. 30, 1925, to acquire the
assets, property (except certain real estate), business and goodwill of the follows
ing manufacturers of ice cream operating throughout Washington and northwestern
 Oregon:

Oregon:
Buttercup Ice Cream Co.
Crystal Ice & Storage Co.
Hazelwood Ice Cream Co.
McMinnville Ice Co.
Mt. Hood Ice Cream Co.
White Clover Ice Cream Co.
In March, 1926, company purchased the ice cream business and equipment
therefor of Spokane Bakery Co. and leased that part of the plant of Spokane
Bakery Co. devoted to ice cream business; erected a new plant in Spokane, and
in the fall of 1926 acquired the business and assets of L. J. Christopher Co. of
Los Angeles and the Hazelwood Co. of Spokane.
Through its purchase of Crystal Ice & Storage Co. (see above), company
acquired 519% of the capital stock of The Dalles Creamery Co., and in June, 1926, it
acquired the rest of the stock and dissolved the corporation.
In September, 1926, company acquired the Kelso (Wash.) Creamery Co. business
 and plant.
In January, 1927, company acquired the business and assets of Tulip Creamery,
 Inc., of Bellingham, Wash, and also the dairy business of Ford Dairy Products
 Co. (in receivership), which it consolidated with the Bellingham plant.
Early in 1927 the company acquired ‘the entire Common stock of California
Dairies, Inc.,, which was formed to acquire the business and assets (except certain
 real estate, etc.) of Crescent Creamery Co. and L. J. Christopher Co. (formerly
 owned by Western Dairy Products Co.). The name of California Dairies,
Inc. (incorporated under laws of Maryland) was changed to Western Dairy
Products, Inc., Nov. 15, 1929.
Western Dairy Products, Inc, owns Arden Sanitary Gold Seal Farms (acquired
 May 1, 1929), which owns California Cooperative Creamery Co. Also owns
Arden Dairy, Inc. (acquired June 1, 1929). Also minority interest in Continental
Chain Stores, operating chain stores in southern California.
BUSINESS: Company is manufacturer and distributor (both wholesale and retail)
 of milk, cream, ice cream, powdered milk and fountain supplies. Through
generous advertising and merchandising work company has developed trade
names of “Sunfreze Ice Cream,” “Arden Protected Milk” and “Hollywood Protected
 Milk.”
PLANTS & PROPERTY: Company owns several plants at Portland, Ore. including
 ice making, milk receiving, powdered milk manufacturing and ice cream
factories, as well as engine and boiler rooms, garages and offices. It also owns
ice and ice cream factories at Astoria and McMinnville, Ore.; Centralia, Everett,
Kelso, Spokane, and Vancouver, Wash.; a creamery at Montesano, and a cheese
factory (leased to others) at Yelm, In addition it leases plants at Albany, The
Dalles and Salem, Ore., and Bellingham, Seattle, Spokane and Tacoma, Wash.
Western Dairy Products, Inc., owns plants at Alhambra, Los Angeles, Redondo,
 San Bernardino, San Diego, San Pedro, Tipton, and a plant at Long Beach,
which has been leased to others. It also leases plants or properties at Anaheim,
Avalon, El Centro, Glendale, Hollywood, Long Beach, Pasadena, Pomona, Redondo,
Santa Ana, Santa Barbara, Santa Monica, Tweedy Road. Ventura and several at
Los Angeles.
OFFICERS: D. M. Dorman, Chairman of the Board; S. H. Berch, Pres.; Roy E.
Campbell, Vice Pres. & Sec’'y.; A. Robbins. Vice Pres.; Geo. W. Burt, Vice Pres;
J. Frank Holt, Treas.
DIRECTORS: 8S. H. Berch, Seattle, Wash.; Geo. W. Burt, Portland, Ore.: Roy E.
Campbell, Seattle, Wash.; D. M. Dorman, Los Angeles, Calif.; J. Frank Holt, Los
Angeles, Calif.; A. Robbins, Seattle, Wash.; E. A. Strout, Jr.. Seattle, Wash.: G.
W. Weatherly, Portland, Ore.
GENERAL AUDITORS: Peat, Marwick, Mitchell & Co.
Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Tues. in Feb.
Number of Employees: 2,500.

Washington:
Maid o' Wauna Ice Cream Co.
Olympic Ice Cream Co.
Polar Ice Cream Co. :
Seattle Ice Cream Co. Inc.
Velvet Jce Cream Co... Inc.

CAPITALIZATION, As of Dee. 31, 1929
Par Value Authorized Outstanding
1. Class A $4 Cum. Stock.................No Par 150,000 shs 131,312 shs
2. Class B StocKuoiouceneeeccccecccaeeaeeeo....No Par 800,000 shs 287,769 shs
196,968 shares of Class B stock reserved for conversion of Class A stock,
80mm shares reserved for Series A preference stock of Western Dairy Products.
 Inc.
            
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