Full text: Thomson's manual of Pacific Northwest finance

160 
THOMSON'S MANUAL 
NORTHWESTERN BUILDING, Portland, Oregon 
(Name changed to American Bank Bldg. in 1929.) 
FIRST MORTGAGE LEASEHOLD 6% SERIAL GOLD BONDS (CLOSED) . 
Authorized ...........oocorereeeeieeeaaeen $750,000 Interest Payable: March 1 and 
Betived ........cmmmieis. aseenssss S30; 000 Sept. 1. 
—_— Interest & Principal Payable: At 
Dutstanding, June 1, 1930............$720,000 trustee’s office. 
Dated: Sept. 1, 1927. Trustee: Equitable Trust Co. Port- 
Coa 3 'and, Ore. 
Due: Serially, 1928-1947, incl. Denominations: $1,000, $500, $100. 
Property: 15-story office and retail Callable: All or part on Sept. 1, 1928, 
store building, 132,323 square feet of r after, at 102 and interest, in inverse 
rental space. 476 offices, steel frame- rder. 
work and reinforced concrete construc- Sinking Fund: One-sixth of semi- 
tion. 14,650 square feet of land. annual interest and 1-12th of annual 
Location: Broadway and Morison maturity, deposited monthly with trus- 
streets, in center of high-class retail -€6 All net income over $21,000, after 
district and business area, Portland, 3round lease, serial payments and in- 
Ore. . terest is paid into reserve fund, until 
5 : such fund reaches $75,000. : 
Security: First (closed) mortgage Tax Status: No deduction for nor- 
on the building and leasehold. 99-year mal Federal income tax up to 2% 
lease and includes 14,650 square feet of Mortgagor: Building Syndicate. 
land on which the building is located. Legal Opinion by: Dey Hampson & 
Maturities: Sept. 1, of each year; Nelson, Reynolds, Flegel & Smith. 
$15,000, 1928-1932; $20,000, 1933-1937; Offered by: Ferris & Hardgrove, 
$25,000, 1938-1942; $30,000, 1943-1946; Lumbermen’s Trust Co., and others, at 
$330.000. 1947. 100, Sept. 1. 1927. 
NORTHWEST FRUIT PRODUCTS COMPANY, Salem, Ore. 
FIRST MORTGAGE 6% BONDS 
Authorized ___._._.._..._._..._._..._ $220,000 each; 1936 and 1937, $10,000 each; 1938- 
Retired ................._....... reeeeeeeeee 21,000 1939, $11,000 each; 1940, $12,000; 1941, 
— C— $13,000; 1942, $14,000; 1943, $15,000; 
Dutstanding, June 1, 1930............$199,000 1944, $16,000; 1945, $17,000; 1946, $18,000; 
Dated: Jen, 1, wy 1947, $10,000. 
Due: Serially, - . : 
Security: First mortgage on all the Intetest Payable 4 Jon, 404 July 1. 
fixed assets of the company. Interest & Principal Payable: At 
Maturities: Jan. 1, annually; 1928 trustee's office. 
to 1930, incl., $7,000 each; 1931 to 1933, Trustee: Title & Trust Co., Portland, 
incl., $8,000 each: 1934 and 1935. $9.000 Ore. 
OREGON CITY MANUFACTURING CO., Oregon City, Oregon 
6% SERIAL COUPON GOLD NOTES 
Authorized & Outstanding............$500,000 Interest and Principal Payable: At 
Dated: Apr. 15, 1928. trustee’s office. 
Due: Serially, 1931-1933. Trustee & Registrar: TU. S. National 
Security: General obligation of the Bank, Portland, Ore. 
company. Reg#sterable: As to principal only. 
Maturities: April 15 of each year; Denominations: $500 and $1,000. 
$100,000, 1931; $150,000, 1932; $250,000, Callable: At 100%. 
1933. Tax Status: Federal income tax paid 
Interest Pavable: Apr. and Oet. 15. * bv combanyVv 
OREGON AGRICULTURAL COLLEGE DORMITORY, Corvallis, Oregon 
THE BOARD OF REGENTS OF THE STATE AGRICULTURAL COLLEGE OF 
THE STATE OF OREGON 41,% DORMITORY BUILDING GOLD BONDS 
Authorized .........___ rreeeeenn- $440,000 $16,500 on Apr. 1, 1948. Increases in 
Retired ..._....... eememee 22,000 $500 amounts at 1 and 1l%-year inter- 
—_— vals. 
Outstanding, Ime 3 T0541, 000 Interest Payable: Apr. 1 and Oct. 1. 
Dated: April 1, 1928. : Interest & Principal Payable: At 
DR erly R0-USES, der semi. ‘[rustee’s office or U. S. National Bank. 
fireproof dormitory to house 344 stu- iT Ehees National Bank of Corval- 
dents. (No lien on building, however.) : i 4 
Location: State Agricultural Col- Denominations: $1,000 and $500. 
lege campus, Corvallis, Ore. Callable: In inverse order on or aft- 
Security: Principal and interest con- or April 1, 1933, at 103 ,and at 101 on 
stituted a first lien and charge upon > after Apr. 1, 1941. £ — 
net income from Dormitory building in aan Stains Exempt from Federa 
trust agreement and agreement to fix . 2 3 
charges in excess of largest annual Legal Opinion by: Teal Winfree, Mc- 
principal and interest. Culloch & Shuler, Portland. 
Maturities: Serially, on Apr. 1 and Offered by: Blyth & Co., April, 1928, 
Dect. 1, from Apr. 1, 1929. 87.000 up to at par.
	        
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