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OFFERING CIRCULAR
The date of this offering is March 31, 1961
Pilchuck Park Lifts, Inc., Issuer
1411 Fourth Avenue Building
SEATTLE. WASHINGTON
Pilchuck Park Lifts, Inc., a Washington corporation, organized October 2.
1957, is offering
for sale to the public 300,000 shares of common, nonpary voting stock for
$1.00 per share. No
public market exists for the stock.
The stock is being sold in minimum units of 100 shares or more each.
Upon full payment of the stock, subject to the terms of the subscription
agreement if
bought on subscription, the purchaser in addition to receiving his stock
certificate shall re-
ceive one complimentary gift pass for each 10 shares purchased to promote
larger, early at-
tendance at the issuer’s facilities. The bearer of each pass upon
presentation of it and $1.00 to
the issuer’s ticket office will be entitled to one full day’s rides on
all lifts. Each pass will be
good until July 1, 1965 or such date as may be set by the issuer.
Offering Price Underwriting Proceeds
To Public Discounls or Commissions To Issuer
$1.00 per share $0.15 $0.85
$300,000 total $45,000 max. $255,000“
Less expenses of sales estimated at $15,000. Since the offering is being
made on a best
efforts basis by officers of the company, there is no assurance that all or
any portion of the
offering will be sold.
THESE SECURITIES ARE OFFERED PURSUANT TO AN EXEMPTION FROM REGIS-
TRATION WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.
THE COMMISSION DOES NOT PASS UPON THE MERITS OF ANY SECURITIES NOR
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PILCHUCK PARK LIFTS, IN‘C., ISSUER
Supplement to Offering Circular—Dated March 31, 1961.
Page 1~The address of the issuer is 3611 NE. 45th Street, Seattle 5,
Washington.
Page 1—Change of underwriter. The person primarily responsible for the
offering of the
securities will be the President Robert E. Fankhauser and the Executive
Vice-Presi-
dent Richard S. Werner.
Page 3——Additional officer—Richard S. Werner, Executive
Vice—President—South 2121 Adams,
Spokane 41, Wash. Stock ownership, none.
Page 4—The president and the executive vice-president, in place of the
secretary, will be en—
titled to compensation based on stock sales as stated in offering circular.
Dated—May 20, 1961.
, Author: , Accession/Object ID: 2004.66.63, Object Name: Booklet, Title: , Description: Stock offering description for the Pilchuck Park Lifts (ski lifts on Mt Pilchuck). Multi-page brochure. Glued to poster board, so rear cover not visible., OCR Text: 'g
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OFFERING CIRCULAR
The date of this offering is March 31, 1961
Pilchuck Park Lifts, Inc., Issuer
1411 Fourth Avenue Building
SEATTLE. WASHINGTON
Pilchuck Park Lifts, Inc., a Washington corporation, organized October 2.
1957, is offering
for sale to the public 300,000 shares of common, nonpary voting stock for
$1.00 per share. No
public market exists for the stock.
The stock is being sold in minimum units of 100 shares or more each.
Upon full payment of the stock, subject to the terms of the subscription
agreement if
bought on subscription, the purchaser in addition to receiving his stock
certificate shall re-
ceive one complimentary gift pass for each 10 shares purchased to promote
larger, early at-
tendance at the issuer’s facilities. The bearer of each pass upon
presentation of it and $1.00 to
the issuer’s ticket office will be entitled to one full day’s rides on
all lifts. Each pass will be
good until July 1, 1965 or such date as may be set by the issuer.
Offering Price Underwriting Proceeds
To Public Discounls or Commissions To Issuer
$1.00 per share $0.15 $0.85
$300,000 total $45,000 max. $255,000“
Less expenses of sales estimated at $15,000. Since the offering is being
made on a best
efforts basis by officers of the company, there is no assurance that all or
any portion of the
offering will be sold.
THESE SECURITIES ARE OFFERED PURSUANT TO AN EXEMPTION FROM REGIS-
TRATION WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.
THE COMMISSION DOES NOT PASS UPON THE MERITS OF ANY SECURITIES NOR
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T‘I\T(‘1
PILCHUCK PARK LIFTS, IN‘C., ISSUER
Supplement to Offering Circular—Dated March 31, 1961.
Page 1~The address of the issuer is 3611 NE. 45th Street, Seattle 5,
Washington.
Page 1—Change of underwriter. The person primarily responsible for the
offering of the
securities will be the President Robert E. Fankhauser and the Executive
Vice-Presi-
dent Richard S. Werner.
Page 3——Additional officer—Richard S. Werner, Executive
Vice—President—South 2121 Adams,
Spokane 41, Wash. Stock ownership, none.
Page 4—The president and the executive vice-president, in place of the
secretary, will be en—
titled to compensation based on stock sales as stated in offering circular.
Dated—May 20, 1961.
, Granite Falls Historical Society,Documents (articles, clippings, letters, papers),General Articles & Documents,General Articles,General Articles 02,Booklet (2004.66.63),Booklet (2004.66.63) 1, Booklet (2004.66.63) 1