Maturity: Nov. 1, 1947. 
Interest: May and Nov. 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal, Minn., Pa.,, Calif, Conn., Vermont, Md, 
D. of C, Colo.,, Neb., Kansas, Ky., Va., Jowa, New Hamp- 
shire, Mass. 
Redemption: For sinking fund 101; otherwise 103. 
Trustee: Straus National Bank & Trust Co. of New York. 
Assessed 1930: Land $1,200,000; land and building, $2,850,000. 
Appraisal: 1928, Brown, Wheelock, Harris, Vought & Co., Inc, 
$2,225,000. Prior mortgage on fee due in 1939, $750,000. 
Security: Leasehold’ estate in land located on the southeast 
corner of Madison Avenue and 52nd Street, Manhattan, New 
York City, 100.5x124.6—and the 24-story office building 
erected thereon. Lease is for 99 years from July 1, 1928— 
annual rental to 1933 of $90,000, and at $100,000 annually 
thereafter. ‘The fee estate is subject to a mortgage for 
$750,000 which is due in 1939. 
Earnings: These bonds are the obligation of Madison 52nd 
Corp, a subsidiary of the John H. Carpenter interests. Ine 
formation on earnings withheld. 
320 East 57th Street Apartment Building 
(New York City) 
1st Mortgage Fee Sinking Fund Gold 6% 
Amount: $925,000, 
Dated: Sept. 15, 1926. 
Maturity: Sept. 15, 1936. 
Interest: March and September 15th. 
Denominations: $1,000, $500 and $100. 
Taxes: 2% Federal. 
Redemption: For sinking fund at 101; otherwise at 102. 
Trustee: Straus National Bank & Trust Co. 
Appraised: Wm. B. May & Co., $1,310,000. 
Assessed 1930: $1,200,000. 
Security: Fee estate in land 95x100 at No. 320 East 57th Street, 
New York City, and the 15-story apartment building erected 
thereon. This building is in the so-called “Sutton Colony” 
near the East River, and is well located. 
no