HOOD III VK 0LAC1EK, THURrfDAY DECEMBER 6, 1917
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You know and we know that it is the personal interest in anything that makes you work for it, feel right
toward and encourage it. In order that our customers will have that personal interest in this com"
pany in order that you can feel that it is your company we are for the first time offering a limited
amount of the Preferred Stock of our Company throughout Oregon and Washington the territory that
is covered hy our service direct to our customers on a cash and a partial-payment plan.
Pacific Power & Light Company
7 Per Cent Cumulative Preferred Stock
We Should Be
Glad
if every one of our customers
were a stockholder in this com
pany. We realize many are not
in a position financially to pur
chase a large block of stock for
cash, and many at this time would
not care to make a cash layout
of even $100 for one share. There
fore this offering of stock is
made on the installment basis
under terms such as to make pos
sible purchases of one or more
shares by practically everyone us
ing our power.
TERMS OF OFFERING x
Plan No. 1 Plan No. 2
(Cash Payment)
Under this plan you may buy
as many snares of Preferred
Stock as you desire, the price
being $100 per share, plus
accrued dividends to date of
payment.
(Time Payment)
Under this plan you may buy any number
of shares up to 25, paying $10 per share
down and $10 per share each month until
the purchase price of $100 per share ia
paid up; the final payment to include
accrued dividend from the last preceding
dividend date.
Interest at the rate bf 6 per cent per annum will be allowed and paid
quarterly by the company to you on all partial payments. If you
purchase stock on this time payment plan you have the option of with
drawing all partial payments including unpaid interest thereon at the
rate of 6 per cent per annum on ten days' notice at any time prior to
the date of final payment. On the other hand you may pay up your
stock in full at any time during the time-payment period.
Your stock certificate carrying the regular 7 per cent per annum divi
dend will be delivered to you when final payment is made.
What the Pacific
Power & Light
Company Is
A company that furnishes electric
light and power service throughout
Oregon and Washington, having
more than 35,000 customers. The
company operates in a country of
farms, mills, factories and homes,
and our well diversified market in
sures a stable and steadily increasing
demand for the company's products.
The Pacific Power & Light Com
pany's holdings constitute one of the
best equipped electric service proper
ties in the west.
Realizing the splendid savings proposition of an investment of this sort, a large number of our customers have already purchased stock.
at the rate of 7 per cent per annum have been regularly paid since the organization of the company nearly eight years ago.
Make the Dividends From Preferred Stock Pay Your Lighting Bill
Dividends
A Savings Investment
To the man whose investments must be made from his monthly savings
this opportunity is the most unusual. In purchasing under this partial
payment plan the customer is establishing a saving-investment account which
offers most attractive advantage.
Where You Can Buy the Stock
You may secure full information regarding Preferred Stock -or you
may make your actual purchase of this stock-at any of : our of
fices, in all communities served. Any employe of the company, will
be glad to give you all the information you wish.
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GENERAL OFFICES:
1212 Spalding Building
Portland, Oregon
'A ttoayj at your Service 9 9
Seaside
Astoria
Vancouver
Hood River
White Salmon
The Dalles
DISTRICT OFFICES:
Qoldendale Lewiston
rendition
Walla Walla
Waltsburs; .
Dayton
Pomeroy
North Yakima
Pasco
Kennewlck
Proaser
Sunnyside
Toppenish
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