192
THOMSON'S MANUAL
Sinking Fund: 29% of all bonds out- Harris, Forbes & Co.,, New York; Har-
standing, one-third to redeem bonds ris Trust & Savings Bank, Chicago, and
and two-thirds for betterments and ad- Mercantile Securities Co. of California,
jitions. San Francisco.
Tax Status: Company pays normal % . os i .
Income tax up to 2%. aisted: op Ban Francisco and Los
. Security: Same mortgage as Series g . ges.
B and equally secured. Price Range: 1929—High, 102; Low,
Dffered by: E. H. Rollins & Sons, 101.
t. GEN. & REFUNDING MORTGAGE 35%
Interest Payable: F. & A. 1, at agen-
cy of company in New York and Chi-
ago and also office of trustee.
Trustee: American Trust Co. San
Francisco.
Registerable: As to principal and
registered bonds.
Denominations: Coupon $100, §500
and $1,000, and registered $5,000 and
$10,000.
Callable: On any interest date on 30
days’ notice on or before Feb. 1, 1931,
at 105; thereafter on or before Feb. 1,
1934, at 104; thereafter on or before
Feb. 1, 1937, at 103; thereafter on or
pefore Feb. 1, 1940, at 102; thereafter
on or before Feb. 1, 1943, at 101; there-
after on or before Feb. 1, 1945. at 100%;
thereafter at 100
5. 351%% GOLD
interest Payable: A. & O. 1, at agen-
cy of company in New York or Chicago
or at office of trustee.
Trustee: Harris Trust & Savings
Bank, Chicago.
Registerable: As to principal.
Denominations: Coupon $100, $500
and $1,000.
Callable: At any time on 30 days’
10tice at 102% to Oct. 1, 1930, incl, at
159% less each three years or part there-
of thereafter to Oct. 1, 1941, incl, and
at par thereafter.
Tax Status: Penn... Conn. and Calif.
Sinking Fund: Beginning May 1,
1927, amount by which an amount
equal to 12% 9% of gross earnings ex-
ceeds all charges for maintenance, re-
pairs, renewals and replacements; not
sondable expenditures made subsequent
0 Jan. 1, 1926, for which no bonds
have or shall be issued; expenditures
made for the purchase of bonds or of
inderlying bonds. Cash may be with-
drawn for: Maintenance, repairs, re-
rewals and replacements; bondable ex-
penditures; the purchase of these or
inderlying bonds.
Tax Status: Penn. 4 mills tax and
Mass. 6% income tax refunded. Com-
pany pays Fed. income tax up to 29%.
Security: General mortgage on all
property subject to other prior series.
DEBENTURES
not exceeding 4 mills and Md. not ex-
ceeding 41% mills taxes and Mass. not
axceeding 69% income tax refunded.
Company pays normal income tax up
0 2%.
Security A direct obligation of the
rompanyv but not secured by mortgage.
Offered by: H. M. Byllesby & Co,
nc.; BE. H. Rollins & Sons, Harris,
Forbes & Co., National City Co. and
Spencer, Trask & Co., New York, and
American National Co., San Francisco.
Nov. 1927. at 98145,
COLUMBIA GORGE MOTOR COACH SYSTEM
GENERAL OFFICE: 352 Yamhill St, Portland. Ore.
CONTROLLED: By Motor Transit Corp. .
HISTORY: Incorporated under laws of Oregon, April 15, 1926.
BUSINESS: Owns and operates motor coach system 1,352 miles in length, ex-
tending over the Columbia River Highway from Portland, Ore., to Salt Lake City,
Utah, and serving intervening and adjacent territory, including the cities of Bend
and Pendleton, Ore., and Boise City and Pocatello, Idaho. Company has traffic
axchange agreements with Greyhound, Yelloway and Pickwick lines.
EQUIPMENT: Owns 50 modern motor coaches, largely of parlor and observa-
tion car type, each seating from 12 to 25 passengers. Owns or leases passenger
facilities in principal cities it serves. Operates own garages and service stations
along route.
DFFICERS: C. F. Wren, Pres.; W. T. Crawford, 1st Vice Pres.; O. S. Caesar, 2nd
Vice Pres.: C. A. Steen. Secv.-Treas.; J. L. S. Snead, Asst. Secy.; W. L. Fowler,
Asst. Treas.
DIRECTORS: W. T. Crawford, Thomas E. Davis, W. L. Fowler, J. L. 8. Snead,
all of Portland, Ore.; C. F. Wren, Los Angeles; O. S. Caesar. C. A, Steen, both of
Chicago; H. H. Morgan, Kansas City, Mo.
CAPITALIZATION: Par Value Authorized Outstanding
1. 89% Cum. Pref. Stock.ooooooooe. ceeeeeee. $100 $250,000 $100,000
2. Common StocK eerie $250,000 $200,000
DIVIDENDS: In 1928 accrued dividends paid covering period from Nov. 1. 1926.
to Nov. 1 1927. None since to Jan. 1. 1930.
