PUBLIC UTILITTF
PLANTS
wong l.akKe_._... . mmr
Chelan (Chelan Falls)......
Little Falls.
Nine Mile....
Post Falls.......
Spokane Uppei: +
Monroe Street, pol .
Oroville (Similkamee.. er me emma a
Other Plants (incl. 200 kw. steam)........
enna 10,000 KW
7,000 kw.
500 kw.
G00 kw,
2E0 kw.
70 kw
0 kw
kw.
2660 kw.
©
rreemnannnennaannaennaean 190,410 kW
The distribution facilities include 76 substations, 2,024 miles of high voltage
transmission lines and 1,230 miles of distribution lines.
Undeveloped resources include several water power sites, the most important
of which is on the Columbia river at Kettle Falls, with ultimate capacity of 192,-
000 kw. Capacity at the Chelan Electric Company's site (48,000 kw. now in-
stalled) can also be increased to 96,000 kw.
Electric properties include interconnected transmission system extending
from Grangeville, in northern Idaho, westward to Chelan, Wash. In these two
states system serves 19 counties having a total area of over 43,000 square miles.
Transmission system of the Company is interconnected with transmission
systems of Montana Power Co., Pacific Power & Light Co. and Puget Sound Pow-
er & Light Co.
OFFICERS: D. L. Huntington, Pres.; M. W. Birkett, Vice Pres. & Gen. Mgr.;
E. W. Hill, Vice Pres.; F. T. Post, Vice Pres; Frank Silliman, Jr., Vice Pres.:
L. E. Morse, Sec'’y & Asst. Treas.; M. Gusdorf, Asst. Sec’y & Asst. Treas.; W. C.
Wiscombe, Asst. Sec’'y & Asst. Treas.; H. L. Martin, Asst. Sec’y; E. P. Summerson,
Asst. Sec’y: A. C. Rax, Asst. Treas.; Alexander Simpson, Asst. Treas.
BOARD OF TRUSTEES: M. W., Burkett, D. L.. Huntington, F. T. Post, Spokane;
C. M. Clark, W. M. Farrar, Jr.,, J. W. Frost, W. I. Frothingham, C. E. Groesbeck,
NS. Z. Mitchell, Frank Silliman, Jr., E. F. Taff, G. "1. Tidd, E. B. Tracy. H. H. Wehr-
hand, H. T. White, New York.
Fisenl Year Ends: Dec. 31. Annual Meeting: 2nd Mon. in June.
CAPITALIZATION, As of Dec. 31, 1929
“ar Value Authorized
61% 9% Cum. Preferred Stock........... 100 $5.000,000
$6 Cum. Preferred Stock... SR TY 200,000 shs
Common Stock No Par 5.000.000 shs
|
2.
1. 6%% CUMULATIVE PREFERRED STOCK
Provisions: Has equal preference Transfer Agent: Company's office.
with $6 cumulative Preferred as to as- Registrar: Old National Bank and
sets and dividends. In liquidation en- Union Trust Co., Spokane.
titled to par and accrued dividends. Public Offering: By the Company to
Company agrees not to issue any stock customers and employees of the Com-
with prior rights while any of this is- pany on a partial payment plan at par
sue is outstanding. from April 7, 1926, to Aug. 25, 1926;
Callable: On any interest date on 60 thereafter at 102 to June 21, 1927;
days’ notice at 104. hereafter at 104. Subscriptions were
Voting Power: Has one vote per limited to 10 shares to a customer or
share. amployee.
Dividends: Paid regularly quarterly, Listed on: Spokane Stock Exchange.
March 15, etc. Initial dividend of 15% 9% Price Range: 1929. high, 110; low.
paid Sept. 15, 192s. 9714
2, $6 CUMULATIVE PREFERRED STOCK
Provisions: Has equal. preference
with 6% 9% cumulative Preferred as to
assets and dividends. In liquidation
2ntitled to $100 and accrued dividends.
Callable: At any any time on 30
lays’ notice at $110 per share.
Tax Status: Company pays normal
Federal income tax up to 29%.
Dividends: Paid regularly quarterlv.
Mar., June, Sept., Dec. 15. Initial divi-
dend paid June 15, 1929, -
Transfer Agent: Company's office.
Registrar: Old National Bank and
Union Trust Co., Spokane.
Public Offering by: Murphey, Favre
& Co., Spokane, at 102.
Listed on: Spokane Stock Exchange.
2. COMMON STOCK
1917-18, 49%; 1919, 43% 9%; 1920 6149;
1921-22, 79%; 1923, 7%; 1924 tv Apr. 15,
1928, 89%.
Transfer Agent: Company office
and City Bank, Farmers Trust Cu., New
York.
Registrar: Spokane & Eastern Trust
Co., Spokane: Brooklyn Trust Co.. New
OrK.
Ownership: American Power & Light
acquired majority of Common stock in
Feb., 1928. Holders were offered right
to exchange each share of Washington
Water Power for 2 1-5 shares of Amer-
ican Power & Light Preferred.
Dividends: 1900, 3%; 1901, 49%: 1902,
3%; 1903-04, 6%; 1905-09, 79%: 1910-13,
10%: 1914. 7% 9%: 1915. 51404 1916. 414 0.
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