PULP AND PAPER COMPANIES
CALIFORNA-OREGON PAPER MILLS
GENERAL OFFICE: 55th and Alameda Sts., l.os Angeles.
CONTROL: Columbia River Paper Mills, Portland, Ore. owns entire capital
stock.
HISTORY: Incorporated under laws of California.
BUSINESS: Manufactures high-grade krafts, tissues, wax paper and fruit wrap-
pers.
PROPERTY: Mill located at Los Angeles, Calif.,, with daily capacity 40,000
pounds. Company. Owns 50 million feet standing timber in Washington. Com-
pany owns 37% of Columbia River Paper Mills, Vancouver, Wash.
OFFICERS: F. W. l.eadbetter, Pres.; L.. H. White, Vice Pres. Treas. and Asst.
secy.; A. 8S. Fleming, Vice Pres. Sec. and Asst. Treas.; L.. M. Hambric, Asst. Treas.
DIRECTORS: F. W. Leadbetter, L.. H. White, V. P. Cole, J. W. Heaney, A. S.
Fleming.
CAPITALIZATION
1. 89% Preferred Stock.....
2 Common Stoclk
Authorized
Outstanding
$284,500
$840,900
Iirst (Closed) Mortgay
Gold Bonds ................................6w
Retired to Jan. 2. 1930, $210,000
FYTTNDRD PORT
- of Dee. 31, 1929
Due Authorized
1925-35 $350,000
Outstanding
£140.000
Interest Payable: Jan. and July 1,
by Equitable Trust Co., Portland, Ore.
or Pacific Southwest Trust & Savings
lank, Los Angeles, Calif.
Principal Payable: $31,500 Jan. 1,
1925, to 1928, incl.; $32,000 on Jan. 1,
1929, to 1934, incl, and $12,000 on Jan.
1, 1935.
Trustees: Kquitable Trust Co., Port-
land, and Pacific Southwest Trust &
savings Bank, Los Angeles.
Registerable: As to principal only.
Denominations: $1,000, $500, $100.
Callable: In reverse numerical order
m 30 days’ notice at 101.
Sinking Fund: 1f dividends paid on
Common stock. eaual amount must be
deposited with trustee to redeem bonds
other than regular serial requirements.
Tax Status: Company pays 2% FFed-
eral income tax.
security: First mortgage on all the
fixed assets, $150,000 capital stock of
Tolumbia River Paper Mills deposited
vith trustee. Company agrees to main-
rain net quick assets equal to 1509 of
‘unded debt.
Legnl Opinion by: McCamant &
Thompson, Portland, Ore.; Schloss &
Ackerman, San Francisco, for the bank-
ars; Heaney, Price & Postal, South Dar-
sara, Calif., for the company.
Offered by: Freeman Smith & Camp.
Jan. 1924, Priced according to ma-
arity to vield 6 509 to 6.750.
COLUMBIA RIVER PAPER MILLS
GENERAL OFFICE: 500 Oregonian Bldg., Portland. Ore.
CONTROL: Columbia River Paper Co., Portland. Ore, owns 95% of Common
stock.
HISTORY: Incorporated under laws of Washington, Jan. {, 1923.
BUSINESS: Manufacture of newsprint and complete line of wrapping and fruit
wrapping papers.
PROPERTY AND PLANTS: 80-ton paper and sulphite mill located on l4-acre
tract, with 1.200 feet of deep water frontage on the Columbia River, in the cen-
tral waterfront section of Vancouver, Wash. Company owns and operates saw-
mill, with 175,000 feet daily capacity, which supplies pulp and sulphite mills
with raw material.
OFFICERS: F. W. Leadbetter, Pres. & Gen. Mgr, Portland, Ore.; Wm. BB. Dullois,
Vice Pres. J. J. Donovan, Secy., Vancouver, Wash.¢« A. S. Fleming, Treas. Port-
land, Ore.; W. P. Donnelly, Asst. Secy., P. W. Morse, Pur. Agt., Vancouver, Wash.
DIRECTORS: A. M. Cronin, Jr, Portland, Ore.: J. J. Donovan, Wm. B. DuBois,
Vancouver, Wash.; A. S. Fleming, F. W. Leadbetter, Pittock Leadbetter. Port-
land, Ore.; H. C. Lieser, Paul Morse, Vancouver, Wash.; R. H. Noves. H. G. Reed.
Portland, Ore.; B. L.. Steeves. .
GENERAL AUDITORS: Haskins & Sells, Portland, Ore.
Fiseal Year Ends: Dec. 31. Annual Meeting: 4th Tues. in Jan
Number of Emplovex: {00
APITALIZATION, As of Dee. 31, 1929
Par Value Authorized
wens 3000 $750,000
.. $100 $2. 000.000
i. 8% CUMULATIVE
Provisions: Has preference as to
dividends up to 8% and as to assets up
ro $100 in liquidation.
Callable: At $105.
Voting Power: None excent in event
PREFERRED STOCK
dividends are 2 years in arrears, when
Preferred votes one vote per share.
Dividends: Paid monthly, at rate
of 89 per annum.
