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Show been completed. Located, in the heart of the expanding industrial and commercial growth on San Francisco's peninsula, this project had 115 acres of developed land for sale at the end of 1961. El Segundo A new acquisition during the year was the El Segundo industrial property. Located near the Los Angeles International Airport and in the midst of this area's growing electronics, aircraft, missile and space industries, the project contains a total of 196 acres, of which 147 acres are under development for sale. Pauma Valley 1451 acres are being held for future development and sale in this project. Planned as a residential-recreational facility, this community is located about midway between Los Angeles and San Diego, one of the nation's fastest growing regions. 1961 Balance Sheet Current Assets $ 23,085,665 Investments 52, 265, 848 Other Assets 6,837,751 Equipment & Facilities 23,639,246 $105,828,510 Current Liabilities $ 12,669,913 Long Term Liabili- ties 35,402,328 Stockholders' Equity 57, 756, 269 $105, 828, 510 Officers During 1961 Were: Marriner S. Eccles Chairman of the Board Edmund W. Littlefield President and General Manager Frank M. Keller Senior Vice President Charles E. McGraw Senior Vice President Albert L. Reeves Senior Vice President Orville L. Dykstra Vice President and Treasurer Weston Bourret Vice President Nixon F. Crossley Vice-President Guy V. Sperry Vice President George W. Vaughan Vice President Alexander M. Wilson Vice President John M. Horrigan Secretary and Controller George P. Sealy Assistant Treasurer |
