fullscreen: Thomson's manual of Pacific Northwest finance

FINANCE 
2, CLASS B STOCK 
Provisions: Has full voting rights, ment designed to prevent control from 
and entitled to participate share for passing out of hands of interests which 
share on the same basis as Class A now control it. 
stock in earnings, except with respect Dividends: 25 cents a share quarter- 
to preference given to Class A stock, ly since Jan. 25, 1929. 
in event of dissolution, to receive $25.00 Transfer Agents: West Coast Ban- 
per share. Control of corporation is corporation, Portland, Ore.; Wells Far- 
vested in holders of 1,000 shares of go Bank & Union Trust Co. San Fran- 
Class B stock in which voting power cisco. 
alone rests. All Class B stock is held Registrar: West Coast Bancorpora- 
by directors of the corporation and is tion, Portland, Ore.; Pacific National 
impounded under a voting trust agree- Bank, San Francisco. 
"ND EXPENSES 15 Months Ended Mar. 31, 1930 
Earned Surplus Dec. 31, 1928... 38.041 
GROSS 1M 
Profit from Sale . 
interest . 
Dividends .... 
Profit, Sale ~* 
. wecurities.. 119,627 
eee. 0132 
TL 2,718 
150.563 
179,018 
Dividends Declared .. 237,657 
Securities Reserve Acc~vnt...... 135,095 
Organization Exp. Wr “t n 13,628 
Total Gro: 
Expenses _ 
Provision “rr 
Net Income .. 
Earned Surplus Ma. 
“0,57 f£arned per share. 
BAIL/™CE SHEET, As of Mar. 31, 1930 
JABILITIE.- 
1650..8 92,638 
.$2.34 
ASSET 
U. S. Nat. Corp. Stock................$2,635,000 
West Coast Nat. Bank.... .......... 1,057,800 
Other Controlled Jomp:onie.-. 406,589 
Notes Receivable 4,995 
Accounts Receive 9.472 
Securities wp 
Cash ... Os 
urn. 4 ? AQ, 
Notes Payable cmon 
Dividends Payable .. 
Provision for Taxes.. 
Securities Reserve 
Class A Stock... 
Class B Stock..... 
“larned Surplus . 
aid 
200,000 
47,024 
45,000 
43,941 
«40,609 
25,000 
92,638 
Te - 
re . 
WW) 
CTT ES LL.
	        
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