CY JSTRIA
LIABILITIES-
Current Liabilities tC eemee + meme emeaeen
Prior Preferred StoCh....cce....... ee eeeteeamemmemmeememeemescessemnesseceonees
Preferred Stock ..... ee eenmeameceeeneemessssssesessenneeemsmsaenseoensacnecn
Common Stock ... Ho ememietmmmeeeeseseeeecesesesesanain ons
Bonds Outstanding ...c. cssscimsiciosmiiigmmrsssorercirimescssssessns sevmevs
Bonds and Interest Matured... iieeencenccecmnemecrecemaamnnees
Depreciation .....
Surplus .....
TOTAL LIABILITIES
Net Working CoPlial cima ss ria sss ssss ss.
Ratio Current Assets to Current Liabilities.....................
Dook Value Common shares... een ————
40,062
150,000
293,330
500,000
356,000
763
244.693
509,792
094,640
87,618
5.6:1
$200.12
51,700
150,000
293,330
300,000
250.000
137.628
£
4,108,032
212,954
5.1:1
$209.52
FUNDED DEBT, As of Dec. 31, 1929
First (Closed) Mortgage Sink. Rate Dated Due Authorized Outstanding
Fund Gold Bonds........... _.... 7% 11-1-25 1927-40 $400,000 $330.500
Interest Payable: Semi-annually, Sinking Fund: Company pays quar-
May 1 and Nov. 1, at Trustee's office. terly to Trustes 5c per Dhl on all 28.
} ment sol uring preceding months,
Prineipnl 3 Avakles Nov. 1, 1927, $7.- to be used to purchase bonds of last
000; 1928, $9,000; 1929, $11,000; 1930, outstanding maturity, at not above call
$13,000; 1931, $14,000; 1932, $16,000; price
1933, $18,000; 1934, $20,000; 1935, $22,- To
000; 1936, $25,000; 1937, $28,000; 1938, Tax Status: Company pays normal
$31,000; 1939, $36,000; 1940, $150,000. Federal Income tax up to 2%. i
S 2 i §
Trustee and Registrar: Bank of Cal- sa unity or Firat Domgage » all as
ifornia, Portland, Ore. ! ;
Lo Legal Opinion by: W. Lair Thomp-
Registerable: As to principal. son, Portland, Ore.
Denominations: $1,000, $500. Offered by: Ralph Schneelock & Co.
Callable: By lot from last maturity and Bond, Goodwin & Tucker, in Nov..
c»itstanding on any interest date at 102. 1925. at par.
BREESE AIRCRAFT CORPORATION
GENERAL OFFICE: 17th and Raleigh St., Portland, Ore.
HISTORY: Incorporated under laws of Delaware May 29. 1929, to acquire the
Breise Aircraft Corp. of Oregon.
BUSINESS: Manufacturing and distributing airplanes of passenger and mail
transportation type; monoplanes of five and seven-passenger type.
OFFICERS: Vance Breese, Pres.; B. E. Palmer, Chairman of the Board; C. W.
Tracy, Vice-Pres.; J. H. Lynch, Vice-Pres.; B. V. Chappel, Treas.: Bradley A.
Ewers, Secy.; Otto J. Hess, Asst. Secy.
DIRECTORS: B. E. Palmer, Vance Breese, C. W. Tracy, J. H Lynch, B. V. Chap-
pel. Bradley A. Ewers, A. 1. Eagle, Henry R. Hayek, S. K. Pardee, T. P. Risteigen.
Par Value Authorized Outstanding
..No Par 100,00 shs 14,874 shs
Registrar: Empire Trust Co. New
York; Columbia National Bank, Port-
land, Ore.
Public Offering by: Madden, Tracey
Co., New York, and Mortgage, Bond &
Acceptance Corp., Portland. Ore..
August, 1929, at $15.50.
BALANCE SHEET, As of March 31, 1930
“RET LIABILITIES
Accounts Payable ......... 818
Deferred Commissions .......... . 4,368
Capital Stock Outstanding............ 230,516
Capital Stock Subscribed.............. 16.754
TOTAL LIABILITIES _ ...........8252.486
COMMON STOCK __
Cash .............
Accts. Receive
Subscription
Inventory ..
Machinery .........
Furniture and ~ ee
Engineering Plans « Stress
Airplane Construction
NDther Assets ..... RRS mi ms
TOTAL ASSETS
2,595
,719
.,648
1,009
646
570
7,238
4,854
9.204
e959 Q46
