..UMBER AND TIMBER COMPANIES
THE WHEELER-OSGOOD CORPORATION
GENERAL OFFICE: Tacoma, Wash.
BRANCH OFFICES: Los Angeles, Calif.; Spokane, Wash.; Chicago, Ill.; Portland,
Ore.
HISTORY: Incorporated under laws of Washington, 1889, with paid-in capital
of $70,000. Increased to $175,000 in 1905, which was all the capital ever paid in.
BUSINESS: Company is a complete unit in the manufacture of doors, owning
and operating its own sawmill, veneer mill and sash factory in connection with
door plant. Production has increased from nominal output to more than 10,000
doors per day. Said to be largest door manufacturing company in the world.
Advertises nationally the “Laminex” Door—a copyrighted trade name.
PROPERTY AND PLANTS: Modern factory located on 17 acres of land in heart
of Tacoma's manufacturing center; 600,000 sq. ft. of floor space; daily capacity,
10,000 doors. In May, 1929, physically consolidated Nicolai Door Manufacturing
Co. of Portland, Ore.
OFFICERS: George J. Osgood, Pres.; W. R. Ripley, Vice Pres. and Treas.; George
R. Osgood, 2nd Vice Pres.; W. C. Wheeler, Jr., Secy.
DIRECTORS: W. D. Clark, N. O. Cruver, Geo. J. Osgood, Geo. R. Osgood, R. L.
Reedy, T. E. Ripley, Wm. R. Ripley, W. C. Wheeler, Jr., all of Tacoma, Wash.
GENERAL AUDITORS: Price, Waterhouse & Co.
Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Tues. in Jan.
Number of Employes: 1,500.
CAPITALIZATION, As of Dec. 31, 1929
Dar Value Authorized
+100 $1.000,000
.v Par $4,000,000
1. 6% PREFERRED STOCK
Provisions: Preferred as to assets Voting Power: Has equal voting
and Cum. dividends of 6% per annum. power with Common.
Shares equally with Common in addi- Dividends: Regular dividends paid
tional dividends mm any calendar vear yarterly Jan. Apr. July, Oct. 28 to
after Common receives an amount equal Dec. 31, 1929, except for T%% which
to 6% on the outstanding Preferred were in arrears at that date
stock. In event of liquidation or disso- . :
lution entitled to $110. Transfer Agent and Registrar: Com-Callable:
On any dividend date upon Pany’'s office.
20 davs’' notice at 110. Number of Stockholders: I5
2. COMMON STOCK
Voting Power: Equal with Pre- since 1918. Paid stock dividends 100%
ferred. in 1908, 275% in 1920, and 430% in 19249.
Dividends: No cash dividends paid Number of Stockholders: 58
COVPARATIVIE "07OVWVE STATEMENT, Years Ending Dee, 31
P
Operating Revenue __.................... .
Other Income
Net Sales oo...
Mfg. Sales Costs...
1927
770
~%0
I~
TOTAL INCOME
Depreciation ....
BALANCE unin. on foramnn rene m
Interest. Amortization, ete. ....
NET INCOME .......
Preferred Dividends .....
Stock Dividends ..ooooooiiiiiiiaeL
Add. to Surplus and other items
Deficit for year...
Earned per share Preferred... ..........
COMPARATIVE CONSOLIDATED BALANCE S.
ASSETS — 1929
Land, Bldgs., Equip., ete... ...........%%.063.615
Investments __...._........... . 14,158
Stocks in Subsidiaries .... ee manan "18,039
Advances to Employes... 32,919
Due from Affiliated CoO.S.oooooemmmoeieeeeeeeenn. 00,000
Discounts on Bonds... meee 53,165
Deferred Charges 11 O59
-» of Dee. 31
928
..948,470
41,810
200,000
44,633
00,000
£6,469
15 9K 4
~0 RRA
1927
$2,058,819
40.560
250,000
83.587
71,268
1740
1