Full text : Thomson's manual of Pacific Northwest finance

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THOMSON'S MANUAL

TERMINAL ICE COLD STORAGE COMPANY, Portland, Oregon
FIRST LIEN 7% SERIAL GOLD BONDS
Authorized .._.............. $200,000 trustee's office.
Retired ........_........occcoo.. eee... 42,000 Trustee: Equitable Trust Co., Port- —
 land, Ore.
Outstanding, May CMLL i Denominations: $500 and $1,000.
Dated: Jan. 1, 1 . . Hable: i
Due: Serially, 1928-1938. Wh a iy? AL 105 on any interest date,
Property: Cold storage plants. .
Lecation: Portland, Salem and Gras- Sinking Fund: $500 monthly payable
naam, Ore. is trustee Feb. to May; $1,572, June to
Security: First lien on plants. ec.
Maturities: Annually, Jan. 1; $20,000 Tax Status: Borrower pays 2% Fedrach
 year. eral income tax.
Interest Payable: Jan, and July 1. Offered by: Lumbermen’'s Trust Co.
[Interest and Principal Pavable: At and Joseph C. Tvler Co.

TERMINAL SALES BUILDING, Seattle, Washington
FIRST MORTGAGE 614% SERIAL COUPON BONDS
Authorized ......... .._...______.........$325000 until 1936 and $127,000 April 1, 1937.
Retired ............. ...cooiiiieeene.. 81,000 Interest Payable: Apr. and Oct. 1.
—_— Interest and Principal Payable: Aft
Outstanding, June 1, 1930............$244,000 trustee's office.
Dated: April 1, 1923. Trustee and Registrar: S. W. Straus
Due: Serially, 1925-1936. & Co.
Property: Land 90 ft. by 111 ft. Denominations: $1,000 and $500 bonds
Building-—Gothic 11 stories in height, in all maturities and $100 in last.
reinforced concrete, fireproof construc- Callable: At 1021.
tion, exterior of brick and terra cotta. Sinking Fund: Monthly deposit of
85,000 sq. ft. of rentable area. ] 1-12th of the amount of principal and
Location: Northeast corner of First interest coming due during the year.
Avenue and Virginia Street, Seattle. Tax Status: Federal income tax 29%
Security: Direct closed first mort- paid by borrower.
rage on land and building. Mortgagor: Pacific Warehouse Co.
Maturities: April 1 each year; 1925, Offered by: S. W. Straus & Co., Apr.,
$11,000, and increasing $1.000 per vear 1923, at par.

UNITED PACIFIC REALTY & INVESTMENT CORPORATION
GENERAL OFFICE: Exchange Bldg. Seattle, Wash.
CONTROL: United National Corporation owns all but directors’ qualifying shares.
HISTORY: Incorporated under laws of Washington, October, 1929, to consolidate
 under one management all of the real estate interests of the United National
Corporation, Seattle, Wash.
BUSINESS: Acquiring, controlling, managing and dealing in income producing
business properties in the major cities of the Pacifc Northwest.
HOLDINGS: 519% United Medical & Dental Building, Seattle, 18 stories; 51%
United Shopping Tower, Seattle, 12 stories; 989% United Exchange Building, Seattle,
 23 stories; 60% Rhodes Medical Arts Building, Tacoma, 16 stories; 100% United
Pine Center Building, Seattle, 3 stories; 100% Green Block, Spokane, 2 stories;
1009% United National Building, Seattle, 2 stories. :
Combined appraisal value of all properties in excess of $10,000,000.
Combined rentable area more than 650,000 sq. ft.
United National Corporation had an investment in the United Pacific Realty
& Investment Corp. of $2,716,067 as of June 30, 1930.
OFFICERS: R. M. Drumheller, Chairman of Board; Ben B. Ehrlichman, Pres.:
John H. Scully, Vice-Pres,, in charge of operations; George Harroun, Secy.; Robt.
F. Hewitt, Treas. and Asst. Secy. .
DIRECTORS: Ben. B. Ehrlichman, R. M. Drumheller, W. H. White, R. I. Ehrlichman,
 John A. Scully, Eugene B. Favre, Elton B. Sherwin, W. C. Hewett, George
Harroun.
CAPITALIZATION, As of June 30, 1930
Par Value Authorized Outstanding
Common Stock .._......_...._..._............. NoPar 500,000 shs 50,000 shs
BALANCE SHEET, As of June 30, 1930
ASSETS LIABILITIES
Accounts Payable ...7........ ......§
[Interest Payable .._.._.._............_..
Accrued TAXES woeeueeueemeemiececaaaae
nmcome Tax Reserve ..............
Assessments Payable .__..__......_...
Mortgage Payable
Due Affiliated CoS.coeeeeceeaa.
Capital Stock o.oo
surplus ..... een

Cash ......... — ceed 33,236
Accounts Receivable _................. 1,939
Due from Controlled Cos........... 1.612,675
Stocks of Controlled Cos.:
Medical Dental Bldg..
Rhodes Realty Corp..
Exchange Bldg. ....
Shopping Tower..........._
Pine Center Building......
United National Bldg............ _.
Green Block
Furniture and Equipment.......... 0$
Deferred Charges o.oo.cooeeeeeeeaeee. 2,943
TOTAL ASSETS ..oooo..o..........$3,202,461

TOTAL LIABILITIES ............$3.202,46]
            
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