$38
THOMSON'S MANUAL
CENTRAL BUILDING COMPANY
GENERAL OFFICE: 810 Third Avenue, Seattle, Wash.
HISTORY: Organized under laws of Washington in 1913, as a common law trust.
PROPERTY: Owns and operates an 8-story and basement, steel and concrete,
Class “A” office building covering entire half of city block on east side of Third
Avenue, between Columbia and Marion Streets, technically described as L.ots 1, 4,
5 and 8, Block 26, C. D. Boren’'s Addition to the City of Seattle. Wash. Building
erected in 1913.
COMPARATIVE INCOME STATEMENT, Years Ending Nov. 30
age agg
1927
$229,444
130,256
99,188
98,560
628
Gross Revenue iii
Expenses .......
Net Earnings ..oo.ocooiooeiieiiiaceaees
Dividends Paid .......ooiiiieiaen
Surplus woes
FUNDED DEBT, As of Nov. 30, 1929
Central Building Property Dated Due Authorized Outstanding
Participating Bonds ..............._......... 3-1-13 6-9-53 $1,540,000 $1,540,000
Provisions: Bonds receive all net in- Tax Status: Federal Income Tax not
come up to 6% on par of outstanding paid by company.
issue and 2% of any surplus earnings in Dividends: Regular quarterly divi-
excess of 6%. Upon sale of property jends have been paid for 93 consecutive
or termination of trust, all proceeds, quarters at average annual rate of
up to par, and 2% of any increment in 5.155% (payable Mar., June, Sept. and
value above par, distributed to out- Dec. 10).
standing bonds. Registrar: The company.
Trustee: Northwest Trust & State Registerable: As to both principal
Bank. and interest.
Denominations: $5,000, $1,000, $500, Security: First lien on fee title and
$400. $300. $200. $100. revenues.
CITY RAMP GARAGE, Inc. Spokane, Washington
51% % FIRST MORTGAGE GOLD BONDS
Authorized & Outstanding............$225,000 Interest Payable: May and Nov. 1.
Dated: Nov. 1, 1928. : Interest & Principal Payable: At
Due: Serially, 1931-1938. trustee's office.
Property: A reinforced concrete ga- Trustee: Old National Bank & Un-
rage building of six stories and base- jon Trust Co., Spokane, Wash.
ment with mezzanine floors making 14 Denominations: $1,000, $500.
levels for parking 400 cars. The land Callable: On any interest paying
on which the building is erected is 155 date 2 years after date issue in inverse
by 125 feet. numerical order, at 101% and accrued
Location: Stevens Street and First interest.
Avenue, Spokane, Wash. Mortgagor: City Ramp Garage, Inc.
Security: Secured by the first mort- Legal Opinion by: Wakefield & With-
gage on land and building, valued at erspoon, Spokane attorneys.
$485,000. Offered by: Murphey, Favre & Co,
Maturities: $5,000 on each May and Ferris & Hardgrove and Old National
Nov. 1, 1 to May 1, 1938; $15,000 due Bank & Union Trust Co.. Nov., 1928, at
Nov. 1. 1938. par.
CLAREMONT APARTMENT
FIRST MORTGAGE FEE 64%
Authorized ... eeeeu$500,000
Retired . 9,000
Outstanding, July 1, 1930............$491,000
Dated: Aug. 1, 1927.
Due: Serially, 1929-1942.
Property: 9-story fireproof apart-
ment hotel and store structure. Com-
pleted 1926. Contains 120 two-room
apartments -and 41 hotel rooms. Six
stores, lobby and dining room on first
floor. .
Location: Northeast corner of: Vir-
ginia and Fouth Avenue; fronts 108 ft.
on Virginia Street and 120 ft. on
Fourth.
Security: Closed first mortgage on
HOTEL, Seattle, Washington
SERIAL COUPON GOLD BONDS
the land, owned in fee, building and
Jurniture. Appraised value of $1,629,
Maturities: Aug. 1, of each year;
$9,000, 1929; $10,000, 1930 and 1931; $11,-
000, 1932 and 1933; $12,000, 1934; $13,-
noo, 1935: $14,000, 1936; $15,000, 1937;
$16,000, 1938; $17,000, 1939; $18,000;
1549; $19,000, 1941; $325,000. Aug. 1,
1942.
Interest Payable: Semi-annually on
Feb. 1 and Aug. 1.
interest & Principal Payable: At
offices of S. W. Straus & Co., Seattle,
Wash.
Trustee: Edwin L. Bowes, Vice Pres-
ident S. W. Straus & Co.
