1.2

THOMSON'S MANUAL.

ASSOCIATED HOTEL COMPANY, Portland, Oregon
FIRST MORTGAGE 61% BONDS
Authorized .............._. *365,000 Registerable: As to principal.
Retired ............... 97,000 Denominations: $1,000, $500, $100.
—— Callable: On any interest date on 30
Outstanding, Dec. 31, 1929............$268,000 days’ notice, at 102 to Jan. 1, 1929, less
Dated: Dec. 1, 1925. 149% each 4-year period thereafter.
Due: Serially, 1927-41. Security: First mortgage on Heath-Interest
 Payable: Jan. and July 1. man Hotel in Portland, Ore.
Trustee: Equitable Trust Co., Port- Offered by: Lumbermen’'s Trust Co.
land. Ore. Portland, Ore. in 1925.

ASSOCIATED STUDENTS UNIVERSITY OF WASHINGTON

GENERAL OFFICE: Seattle, Washington.
HISTORY: Incorporated under laws of Washington in 1906 and functions with
the approval of the Board of Regents, University of Washington, for the purpose
of directing and promoting student activities. Since its organization, it has collected
 and disbursed over $8.000.000.

FUNDED DEBT, As of Dec. 31, 1929
Rate Dated Due Authorized Outstanding
1. Serial Gold Bonds............. 5% 7-1-27 1930-42 $750,000 $350,000
2. Serial Bonds. Series B............ 6% 1-1-30 1931-36 SAREE $150,000
1. SECURED SERIAL 5% GOLD BONDS
Interest Payable: Jan. 1, at trus- deduction of normal Federal income
tee's office. 3 ‘ 5 tax not in excess of 1% %.
Principal Payable: Jan. 1 of eac Security: This issue of $350,000 is
year; 1930-31, $15,000; 1932-33, $20,- part of a total authorization of $750,-000;
 1934, $24,000; 1935, $28,000; 1936, 000 and constitute a direct obligation
$30,000; 1937, $33,000; 1938-41, incl, of the Associated Students, U. of W.,
$33,000 each. and its only funded debt. The payment
Trustee: National Bank of Com- of interest and principal.thereof is semerce,
 Seattle, Wash. cured by a pledge of 40% of the Asso-Denominations:
 $1,000 and $500. ciated Students fees and all net rev-Callable:
 Bonds maturing prior to  gsnues of the Associated Student activi-Jan.
 1, 1938, are non-callable. Bonds ties, except the Student Bookstore.
maturing on or after Jan. 1, 1938, are L 1 Opini by: P t Th
callable on any interest date with 10 Lega aan y: d Wrie ep x
days’ notice at 102 and accrued interest grimson 2 orner, are y ms 3 Ion he
on and after Jan. 1, 1930. 2 Ta i 1 en 22 S rime W hh A
Purpose: Funds were used for con- aughlin, all oi sSeatt'e, Wash.
struction of athletic pavilion. Offered by: Drumheller, Ehrlichman
Tax Status: Interest pavable without & White, June, 1927. at 100.

GOLD BONDS, SERIES B
out deduction of normal Federal income
tax not in excess of 1% %.
Security: This issue of $150,000 Series
 B bonds, is a part of a total authorization
 of $750,000, and, in the opinjon
 of counsel, constitute a direct obligation
 of the Associated Students, U.
of W., and its only funded debt.
Legal Opinion by: Preston, Thorgrimson
 & Turner, Seattle, Wash.
Offered by: Pacific National Co., Seattle,
 Jan., 1930, at 100

2. SECURED SERIAL 6%
Interest Payable: Jan. 1 and July 1,
at office of trustee.
Principal Payable: Jan. 1 of each
year; 1931, $22,000; 1932, $25,000; 1933-34,
 $30,000; 1935, $32,000; 1936, $11,000.
Trustee: National Bank of Commerce,
 Seattle, Wash. .
Denominations: $1,000 and $500.
Purpose: Constructing athletic pasilion.

Tax Status: Interest payable with-ARCADE

 BUILDING & REALTY COMPANY, Seattle, Wash.
HISTORY: Incorvorated under laws of Washington. Feb. 20, 1906.

PROPERTY:
Arcade Square: 99-year leasehold, expiring 2004, covering entire city block,
235 by 360 ft., bounded by First and Second Avenues, University and Union
Streets, in Seattle shopping district. The north half of the block is occupied by
the Rhodes Department Store, a seven-story building completed in 1928 and leased
for 30 years to the present tenants. South half is improved with a store and
office building, 4 stories high, on Second Avenue and 7 stories on First Avenue.
Hotel New Vendome—Leasehold, expiring Dec. 31, 2005, on land 40 by 111,
on west side of First Ave. between Union and University St. Traffic tunnel,
under First Avenue and New Vendome Hotel, connecting Arcade Square and
Post Street.
Estabrook and DeWolf Building, fronting 180 feet on Second Avenue at Union
 Street.