THOMSON'S MANUAL
10. FIVE-YEAR 6% COUPON GOLD NOTES
Interest Payable: Feb. and Aug. 1, at company and ranks prior to the Prior
trustee's office. Preference, Preferred, Junior Preferred,
Trustee and Registrar: First Seattle and Common stocks.
Dexter Horton National Bank, Seattle. Legal Opinion by: James B. Howe for
Registerable: As to principal only. company.
Denominations: $1,000, $500, $100. Offered by: First Natl. Bank, Natl
Callable: As a whole on Feb. 1, 1930, Bank of Commerce, Puget Sound Power
at 100 with accrued interest. & Light, Securities Co., Bond Goodwin
Tax Status: Company pays normal & Tucker, Bright Witter Co., Ferris &
income tax up to 2%. Hargrove, John A. Price & Co. at 98.
Security: A direct obligation of the Listed on: Seattle Stock Exchange.
SEATTLE GAS COMPANY
GENERAL OFFICE: Stuart Bldg. Seattle, Wash.
CONTROL: By Central Public Service Corp., Chicago.
HISTORY: Incorporated under laws of Washington, March 18, 1904, as the Se-
attle Lighting Co., a merger of Seattle Gas & Electric Co. and Citizens Light &
Power Co. In 1929 control passed from the Dawes interests to the Central Public
Service Corp., Chicago, when name was changed to present and company made a
subsidiary of the Pacific Northwest Public Service Co.
BUSINESS: Manufacture and sale of artificial gas for domestic and commercial
purposes, in the Greater Seattle district.
PROPERTY: Two plants in city of Seattle with a capacity per day of 12,650,000
cubic feet, and with gas holders having a capacity of 5,667,400 cubic feet.
OFFICERS: A. BE. Peirce, Pres.;: R. L. Aage, Vice Pres.; D. C. McClure, Vice Pres.’
G. R. Horning, Vice Pres.; W. S. McCollough, Treas,; W. M. McFarland, Sec'y.
GENERAL MANAGER: James F. Pollard.
DIRECTORS: A. E. Peirce, R. L. Aage, D. C. McClure, G. R. Horning, W. S. Mec-
Collough, W. M. McFarland, B. H. Ely, G. L. Augustus. E. O. Boshell, all of Chi-
cago, 11l.; W. H. White and J. Green, Seattle, Wash.
GENERAL AUDITORS: Haskins & Sells, Seattle.
Fiscal Year Ends: Dec. 31.
Number of Emplovees: 5H30.
GROWTH OF BUSINESS
Gross Cubic Feet Meters in
Earnings Gas Sold Operation
734,342 708,230,000 31,361
1,011,288 ,045,305,000 45,397
2,013,580 ,594,054,000 53,566
,339,175 1,789,194,500 60,709
2,402,978 1,842,909,900 61,146
?2 395,479 1,850,373,900 60,558
2,398,363 1,872,604,800 60,194
2.429.738 1.918.708.000 60.534
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized
Preferred Stock .ceooeeeeccieeeeeeeaeaeeeeee $100 $7,500,000
Common Stock . ........No Par 30.000 shs
iI. 7% CUMULATIVE PREFERRED STOCK :
Provisions: Preferred as to 7% an- Transfer Agent: Central Trust Co.
mus Samuisiive Siviaunds and as to as- of Illinois, Chicago.
sets in event of liquidation. is : i Savings
Catan ar oh a any Nividend date passistrar: First Trust & Savings
after 30 days’ notice, ’ ’ ;
Voting Power: Only in case divi- Legal Opinion by: Pam & Hurd, Chi-
dends are not paid for one year, when C280, and Poe, Falkner, Falknor & Bm-
Preferred is entitled to vote until ar- ery, Seattle. For the bankers by New-
rearages are paid. man, Poppenhusen, Stern & Johnston.
Dividends: Payable quarterly, 1% % Chicago.
on Jan. 15, April 15, July 15, and Oct. Public Offering by: A. B. Leach &
15. Initial dividend paid April 15, Co., Seattle and Chicago, Feb., 1926, at
10928 and recularlv since. 98 and accrued dividend.
1.
2.
2. COMMON STOCK
Provisions: Has exclusive voting Dividends: 1924 and 1926, 4%: 1921
power, except in case of failure to pay 5%%; 1928, 1929, 6%.
dividends on Preferred stock.
