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Oklah
.
2,750,000
1
ema General Power Company
TO.. MA.n fllA DAMita ftO " Cii
Dated April 1, 1922
Due April 1,1962
1, In whole or In part, at the splien of the Company, at any Itma en thirty days nettcat durini the first fiva years at 106 and thereafter
int law (or each aucceedlnt five-veer period. Blue accraad Interest in each case. Intere.t will be payable April let and October Islet tha
office of tha Trustee, in Chicago and At Flrat National Dank of Naw Yerk, without deduction for normal Federal Ineema Ta, net in eieeee et tit,
which may lawfully ba paid at tha aeurca. Pennsylvania four mill taa refunded upon application te the Company. Principal payable la Chicago.
Coupon Benda in denominations of $1,000, $300 and $100, with privilege of registration aa te principal only. . '
Redeemable,
at one percent
CONTINENTAL AND COMMERCIAL TRUST AND SAVINGS BANK, CHICAGO, TRUSTEE
- Guaranteed as te Principal, Interest and Sinking Fund Payments by Endorsement en each Bend by
OKLAHOMA GAS AND ELECTtflC COMPANY
The following information is summarized from an official letter of the Byllesbjj Engineering and
Management Corporation, managers of the property
CeitlDlinV e Oklahoma General Power Com Cem
r J pany is incorporated under the laws
of Oklahoma. It will acquire property rights in
Oklahoma, and immediately begin the construction
of a steam electric power house near Muskogee,
Oklahoma, together with an extensive system of
transmission lines. The Company will also acquire
$825,000 6 Geld Notes, due 1927, of Oklahoma
Gas and Electric Company.
Purpose of Issue IJce &j?JPn,5,tflerize
m H'rMVI $25,000,000 First Mortgage
Geld Bends, of which there will be presently issued
$2,750,000 First Mortgage Geld Bends. 6, Series
"A," due 1952, the proceeds from which will be
used in the construction of the power house and
transmission lines. The balance necessary te com
plete the work and te acquire the $825,000 6
Geld Notes, t due 1927, of Oklahoma Gas and
Electric Company will be provided from the sale
of the Company's capital stock of which ever 90
will be owned' by Oklahoma Gas and Electric
Company.
The security of the Bends will be as
follews:
A direct firat mortgage eri all the property of the
Company new owned or hereafter acquired including
the preaent plant te have an initial capacity of
10,000 H. P. and a comprehensive 60-mile 63,000
volt high-tension transmission ayatem connecting the
existing transmission linea of the Oklahoma Gas and
Electric Company with Fert Smith, Arkansas.
The pledge with the Trustee of a leaae of all the
property' of the Company te the Oklahoma Ces and
Electric Company for such period as any of the
Bends are outstanding, the terms of which will provide
for payment te the Company of minimum annual
rentals equal te at least I-J4 times annual interest
charges en the First Mortgage Bends of the Company
at any time outstanding.
The pledge with the Trustee of $825,000 69e
Celd Notes,, due 1927, of Oklahoma Ces and Electric
Cempuny. These Notes may be withdrawn only by
the deposit with the Trustee of cash, equal te the
face value of any Notes withdrawn, te be used for
the retirement of First Mortgage Celd Bends at net
exceeding the call price or for acquirement of prop
erty of equal value.
A guaranty by endorsement en the Bends by
Oklahoma Cas and Electric Company as te principal,
interest and sinking fund payments.
Security
Q
Fnvntnetc The term el the lease will provide for
Cuming payment of rentai8 by Oklahoma Gas
and Electric Company te Oklahoma General Power
Company of an annual amount equal te net less than
1 times the annual interest charge en these First
Mortgage Bends at any time outstanding, with the
following minimum annual payments: Fer the first
year $350,000, for the second year $450,000 and
for each succeeding year until maturity of Bends
$500,000. Annual interest charge en present issue
of $2,750,000 Geld Bends, 6, Series "A." due
1952, is $165,000.
c
Annual rental payments by Oklahoma Cas and
Electric Company under this lease will be included
in the operating expenses of that Company. After
the payment of all operating expenses, maintenance,
taxes, excluding depreciation, for the 12 months
ended December 31, 1921, Oklahoma Cat and Elec
tric Company had a balance of $1,316,110 available
for interest charges, dividends, etc. Dividends en
its Common Stock have been paid in each year since
1909, at various rates.
CMfM Vim A The mortgage will provide for
Sinking runa 8emi.annuai8ca8h .inking fund
payments te the Trustee commencing April 1, 1923,
equivalent te 2 per annum based en amount of
Bends outstanding at respective 'dates of payment.
Cash deposited for sinking fund may be withdrawn
by the Company for permanent extensions and
additions te its property for which no Bends may
be. issued, or, at the option of the Company, sinking
fund cash may be applied by the Trustee te the
purchase of Bends of this issue in the market at or
below the prevailing call price.
Guarantor Company d
pany was incorporated under the laws of Oklahoma
in 1902. The system comprises modern and
efficient electric generating plants and distributes
electricity and natural gas for commercial and
industrial purposes in many important cities, includ
ing Oklahoma City, Muskogee, Sapulpa, El Rene,
Enid, Drumright, and ether towns, having a total
population estimated te 'be in excess of 234,000.
All legal matters pertaining te this Lttue will be subject te the approval of Mrasrs. Winsten. Strawn and Shaw, of Chicago, ler the Bankers, and W
Messrs. Cummins. Reamer and Flynn, of Chicago, for the Company. We offer these Bends for delivery when, as and if issued and received by ua
subject te the'appreval of our counsel.
Delivery will be made in the form of Interim Receipts of Continental and Commercial Trust and Savings Bank, Chicago, exchangeable for Definitive
Benda when, aa and if issued and received. ,
Price 92 and interest te yield ever 6.60
H. M, Byllesby and Company Federal Securities Corporation
, . ' INCORPORATKD "
208 Seuth La Salle St., Chicago 38 Seuth Dearborn St., Chicago
4
The information and tUtiftict contained above are net guaranteed, but have been obtained from reliable Mtircea and we believe them te be accurate.
"Buy $10,000 Hearsay 6s"
Have you, or any of your friends ever
bought bends en "hearsay" evi
dence. If se, you have probably lest
money. s
Most "hearsay" investments get a pretty
low rating in Meedy's Rating Beeks. In
vestigate and you will see.
The way te safely invest money is te leek
before you leap. Loek for the rating before
you leap te draw your check.
Otm Rating Service supplies ratings en
50,000 different securities and en all the
new ones as they come out week by week.
Why net leek us up? Ask your
bank or banker. Or write us today
for full information.
Moodys Investors Service
35 Nassau Street, New Yerk City
BOSTON
Ul Milk Stxstt
PHILADELPHIA
R. Ettite Trurt BIJ(.
CHICAGO
Pint K.rien.l Bsak Bids.
The
First National Bank
of Bosten
The leading financial institution of
New England
Foreign and domestic commercial
banking of every nature.
Correspondence solicited.
INVESTMENT RECOMMENDATIONS
Bell Telephone off Penna. 7s 1945
IO734; Yield 6.35
Kings Ce. Elevated RR. 1st 4sf 1949
74; Yield 5.90
P. C.C.& St. US,. 1970
95V4; Yield 5.30
IsaacStarrJr.&Ce.
Philadelphia
Savinat Diiartmtnt
FlKST National Bank
hi. .y rntMUJaUVMIA
I mWWWTST,
MONEY WANTED
FOR
EXPANSION
A bUHlnesH established almost a
htilf century age requires audi audi
tlenal capital te finance expan-
ulnii.
The product Is a Maple nrtlcle. I
nnd the traaemarK is wen una
favorably known,
110,000 will buy an Interest and
aaHtire an attractive return (with
services or without),
A vomplete Investigation will be
welcomed,
A 088, LKDOKK OKFICK
AUTOMOBILE
INSURANCE
, IJBKHTY MirrOAtWSUmANOE CO.
ffcaw Lecsrt He- lOW M. 1st .
Lilley, Blizzard & Ce.
308-9 Commercial Trust Building
Philadelphia
WE WISH TO ANNOUNCE THAT WE HAVE BECOME
ASSOCIATED TOGETHER UNDER. THE
FIRM NAME OF
Lilley, Blizzard & Ce.
TO DEAL IN
INVESTMENT SECURITIES
$15,000,000
Province of Ontario
Dated April 1, 1922
DOMINION OF CANADA
5 Thirty Year Geld Bends
NON-CALLA3LE BEFORE MATURITY
Due April 1, 1952
Princ
Age
a
holder at the
f weight
inten of
cipal and semi-annual interest (April 1 and October 1) payable at the option of the held
cttcy of the Dank of Montreal, New Yerk, in Unitsd States geld coin of the present standard e
nd fineness, or at the office of the Treasurer of Ontario, Iqronte. in geld coin of the Demin
Canada. Loupen uenas ei 3i,vuu cacn, rcgisici-uic 9 iu ...... v..Ha..
Legal Investment for Savings Banks in Connecticut, New Hampshire mni Vermont
FINANCIAL STATEMENT
Assessed value of taxable property within the Province $2,25i'l?'?2S
v Gress Funded Debt (including this issue) 20I'S22'i52
Sinking Funds accrued for redemption of Funded Debt 2,568,240
In the above Debt there is included the following amounts invested
in revenue producing enterprises:
Temiskaming and Northern Ontario Railway 23,599,429
Hydro-Electric and Central Ontario Electric System after
deducting a Sinking Fund of $884,330 102,945,987
Contingent Liabilities, fully secured 36,882,468
(Of this amount I7.S0O.0OO represents guarantees of bends of the Canadian Northern
Ontario Rallwuy. which la new owned and controlled tnreush stock ewnersh.P
by the Government of tha Dominion of Canada.)
Assets of the Province, including cash, sinking funds, govern gevern
ment buildings, crown lands, water powers, etc., Oct. 31,
1921 . . . ; 716,601,479
Annual Dominion Government Subsidy 2,396,378
Populatien: 2,929,054 Area: 407,252 square miles
Ontario, the wealthiest and most important province of Canada, is equal in area te
the combined territory of the United States known as the New England, Middle
Atlantic and Middle Western States. The Province has never found it necessary te
exercise its power te levy a direct general tax, as the revenue from ether sources is
mere than sufficient te pay the interest and principal en its debt. Total ordinary
revenues for the year ended October 31, 1921, were $29,261,477, or $681,790 mere
than the expenditures for the same period. These bends are a direct and primary
obligation of the Province of Ontario.
B
Interim Certificates ivill be delivered pending the engraving of definitive bends.
Price 99 and Interest, Yielding about 5.05
(Fer payment in United States funds)
Dillen, Read & Ce.
Harris. Ferbes & Ce.
The National City Company
Guaranty Company of New Yerk
Th above Information nnd statistics are derived from official sources or these vrhlch
we recard as reliable We, de net turantee. but believe them te be correct.
I'
$800,000
ATLANTIC CITY,.NEW JERSEY 434
TEMPORARY TAX FREE SCHOOL NOTES
Dated ApriM7, 1922 Due December 15, 1922
Denominations $1,000, $5,000, $10,000
Te yield 4.25
COMMERCIAL TRUST COMPANY
PHILADELPHIA
BERNHARD, SCHOLLET& CO.
NEW YORK
M.M.FREEMAN&CO.
PHILADELPHIA
Mlfhem
LOCUST 7580-81-82
Kni'ene Phene
RACE 3)86-87
APRIL 12. 1922
WILLIAM LILLEY
HERBERT H. BLIZZARD
OEOROE R. KEMON
Dillen, Read & Ce. Interim Receipts
FOR
Minneapolis. St. Paul &
Sault Ste. Marie Railway Ce.
First Refunding Mortgage 6 Sinking Fund Geld Bends
Series "A"
may new be exchanged for definitive bends upon surrender
of receipts at the office of
Central Union Trust Company of New Yerk
80 Broadway, New Yerk
Dillen, Read & Ce.
$470,000
WARE COUNTY. GEORGIA
Read and Scheel 5 Bends
Dated July 1, 1919 Due Serially July 1, 19261949
Interest January 1 and July 1
Coupon bends $1000 denomination; subject te recistratien.
FINANCIAL STATEMENT AS OFFICIA LLY REPORTED
Actual value of property (estimated) $20,000,000
Assessed value of property for taxation 1921 11,924,337
Total bended debt (this issue) 700,000
Population, 1920 Census 28,361
Ware County (County Seat, Waycross, population, 1920,
18,068), situated in the Southeastern part of the State, is an
agricultural county, principal crops being cotton, sugar cane,
corn, pecans and farm products. The County is served by
four railroads, the Atlantic Coast Line; Atlanta Birmingham
and Atlantic. Waycross and Western, and Waycross and
Southern Railroads. The main shop of the Atlantic Coast
Line, said te be the largest in the Seuth, is located at
Waycross.
These bends, voted at an election, and validated by the
Superior Court of Ware County and confirmed by the Supreme
Court of Georgia, are issued for the purpose of constructing
reads within the County. Bends are payable from an ad
valerem tax en all taxable property in the County.
PRICE TO YIELD 4.80
Free of All Federal Income Taxes
LEGALITY APPROVED B.Y Jehn C. Thomsen, Esq.
New Yerk City
William R. Gompten Ce. Harrison, Smith a Ge.
14 WALL STREET 121 SOUTH 5TH STREET
NEW YORK PHILADELPHIA
Safe Bends for Investment
Halsey, Stuart
& Ce. Inc.
IjMTkbllefc. TtUpimu Unit 7lt
M
nm....ms,..lrr.
uwiDiiiuuiniiu sn sua
SEIBERLING RUBBER CO. H
glares this twk In an exceptions!!
nvurneie poeiiien.
Details en request
R. L. BOSTON & CO.
Mil WALNl'X BT.. PHIM.
Spruce tS3t and 6717
Wanted
Gtert'i' ty. A E'c Sc 1949
Cterti' fty. & EUe SK 1932
Syracai Lighting Src 19S1
Syracuit Cat 5"r 1946
Ntrthtm lnd. G.SvE S 7929
Nathvillt Cat H 53 1937
fustic 5mice Cerp. 6?c
Pttfttual Int. Staring Ctlt.
Reed A. Morgan & Ce.
West End Trust Bldg,, 1'Mla,
Members of the Rhlls. Stock Exeh.
Serteli Srns. & t.
fubllr UHltty itamttrD
fork Exrhana SuU&tnn. JljU.
East St. Leuis' & Suburban
1st 5s, 1932
East St. Leuis & Suburban
Comme'n & Preferred Stocks
riienn: Locust 022O-1-2-3-4
Private i'faene te New Yerk Doste
The Privilege of Service
Our highest nrivilc-jre is te render sen-ice. It is the
foundation of all civic and business success. This organiza
tion considers it n privilepre te rerve its clients in all matters
relating te REAL ESTATE and MORTGAGES. We have n
few choice central properties suitable for any business. Wu
invite interviews.
JAMES D. WINCHELL
Every Phase of Real Estate Service
17th &SanS0m Sth. Te ephen. Seruc. 1153 & 1131
Philadelphia
Alan A.Alexander & Ce.
Stocks and Bends
Colonial Trust Bldg., Phila.
Te Any Bank or Trust Company
r.xerutle. Klslit ra devote'! cn
llrely te Federal tax matters. Ketatn
taxes a specialty. It permanently In need
of my experience, communicate with -
a ssi, txxtazM erncB
111 " I .
WANTED
Phila. Trust Ce. Stock
Cern Exchange Natl. Bank
Bank of North America Stock
BARNES & LOFLAND
HT S. 4TII ST.. I'llU.A.. P,.
Tel, I.euitmnl 4173
WE OWN AND OFFER
DENVER GAS & ELECTRIC CO.
First Mertgage 5s, due May, 1949
And
First and Refunding Mortgage S. F. 5s, due May, 1951
Circular and Price en Application
ARTHUR PERRY & OCX
Providence Drexel Building, Philadelphia Be. ten
m
Und Title Bdg.
Members l'blla. hteik Kxtaante
riilln., Ilaltltrtere Wn.hlnglen t' IDJ
I entral Vermont Rnllwie rmtn V 11)30
Atlantic A It.ititllle Hailw Ul 4' IIMM
arthase A AdlienHjrk Riilhv.i . l' ItHI
Ne erk. 'J,l"e 4 Ml. I.i' 4, IliHl
erli Hrn Water Tower (e. Ut 3' 10.11
SAMUEL K. PHILLIPS & -O.
mm'mmm,wii2?ummi9 nutuK r.m
'xcliaiigt
c;st pATrm-sre67
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