The Gem worker and the Idaho labor herald. (Boise, Idaho) 1914-1917, 1915-05-13
Be on hand at the mass meeting at
City Hall on Friday evening next.

City Hall on Friday evening next.
In the hearings before the Public
Lands Committee of the National
House of Representative on the
Water Power Bill, much information
was gathered relative to the owner
ship of the electrical power concerns
of the Nation. The Committee points
out that in connection with the water
power and public-utilities business an
elaborate system of stock holding has
been developed. The stocks and bonds
of operating, companies are offered to
the public for investment, but con-
trolling interest is usually retained in
some way by holding company, and
there is strong evidence that these
holding companies have the same
financial backing and community Of
interest.
We give herewith list of one group
these holding companies, showing the
tremendous concentration of capital
involved, with the essential facts re-
garding capitalization and the officials
of the same, as compiled i'll the report
of the Public Lands Committee:
A. General Electric Company
luCOTpOldlGQ III 1NEW 4 Olk utlOGi
special charter to manufacture all
kinds of electric appliances and ap-
paratus; owns the entire common
stock of the ELECTRICAL SECUR-
! ITIES CORPORATIONS and the
ELECTRIC BOND AND SHARE
COMPANY.
Capital Stock, Authorized $105, ,000-
600; outstanding $10l, ,3l4,000.
Transfer Agents-Farmers Loan
and Trust Company, New York, and
the American Trust Co., Boston.
Registrars-Guaranty Trust Co.
New York and Old Colony Trust Co.,
Boston.
Assetts-December, 81, 1918, ap-
proximately $144000,000. including
stocks and bonds of-its subsidiaries of
$17, ,574,884, and stocks and bonds of
other companies of $8, ,473.
Main offce-Schenectady, N. Y.
New York Ofhce-Hudson Termin-
al Building.
President-E. w. Rice, Jr.
B. Electric Bond and Share Co.
Incorporated in New York with the
power to purchase bonds, stocks, or
other forms of securities resulting
from electrical and other develop
ments such as electrical street rail
ways, electric light and power, gas,
and water works. The Company fur
nishes the necessary capital and man
ages consolidation and reorganiza-
| tions of property. The entire common
stock is OWNED BY THE GENER-
i AL ELECTRIC COMPANY.
Capital Stock-Authorized and out
standing, $5,000,000, common and S..
100000 preferred. No bonds.
Registrar-Guaranty Trust Com
pany, New York.
Assetts-December 81, 1912 ap-
proximately $l5,o00000. including
$6.37l ,313; investment stocks, $2,7lO,-
\ 100; investment bonds and coupon
notes and $3,627, ,27o, syndicate ac-
! counts.
! Schenectady, N. Y.
New York Office-71 Broadway.
Presidents. z. Mitchell
c. American Gas and Electric Co
incorporated in New York; a. ma
j jority of the stock is held by ths
! ELECTRIC BOND AND SHARE
co.
Capital Stock--Anthorized, $500,
600, common and S3.500000 preferred
outstanding, $3.000,000 common, and
81, ,66l 500 preferred.
Transfer Agent Guaranty Trus
Co, New York.
Registrar Columbia Knickerbockei
Trust Co, New York.
Bonded Debt-$6, $4,000.
Assetts--In 1912 approximately
SIS, 100000, including $l0,O53834. Sc
curities deposited to secure bonde,
. debt and Sz88,6S3 stocks and bond
owned.
Offce-30 Church Street, New Yorl
: President-R. E. Breed.
d. Electrical Securities Corpora
tons
incorporated in New York; is own
I er Of mortgage bonds of electric rail
2 way, electric light, and power com
panies; and is empowered by its char
: ter to acquire other bonds of simila
: companies. Entire common stock !
owned by the GENERAL ELEC
E / TRIO COMPANY.
Capital Stocks 10000 common
. 81, 100000 preferred.
Transfer Agents--Harvey Fisk an
Sons New York.
. Registrar-United States Mortgag
. and Trust Co. New York.
! Bonded Debt s., ,so7 1000 on Dec
5 ember 81, 1912.
9 Assetts-Deeember 81, 1912 ap
proSimateiy So. 100000 including owe
= $3.e000O0 Of mortgage bonds pledge
and $2.6oS. .1O2 Of investnen ent securitiei
= Main Schenectady, n. Y.
Q New York 0flice-62 Cedar St.
President-Geo. r. Sheldon.