Full text: Statistical manual

Redemption: 10215, 
Trustee: Walter S. Klee. 
Appraised: $5,800,000. 
Assessed: 1930, $5,600,000. 
Security: First mortgage on land owned in fee, and also lease- 
hold estate, in property located at the northeast corner of 
Broadway and Liberty Streets in the downtown financial 
district of Manhattan—and the 23-story office building 
erected thereon, the 12 upper floors of which are leased to 
the Westinghouse Electric and Manufacturing Company af 
an annual rental which exceeds the interest on the bond 
issue. 
Note: The Obligor on these bonds is 150 Broadway Corpora- 
tion, a wholly owned subsidiary of the Fred T. Ley inter- 
ests. 
Earnings: 
1927 
1928 
1929 
1930 
Net available 
for fixed charge= 
$493,630 
“a4 675 
24,008 
J mee 
Interest 
“harges 
263,250 
“SR.080 
0 
Amortization 
$119,500 
126,500 
134,000 
142.000 
7 Bast 44th Street Building (Hale Bldg.) 
(New York City) 
Leasehold 6%% Serial Bonds 
Amount: $750,000. 
Dated: September 1, 1926. 
Maturity: 1932-1941. 
Interest: March and September 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal—Penn., Conn., Vt., Maryland, District of 
Columbia, Va., New Hampshire, Mass. 
Redemption: 104 to 1931: then 103 to 1936—thereafter 102. 
Prior Lien: The fee estate is mortgaged for $230,000. 
Assessed: 1930, Land, $835,000; Land and Building, $1,775,000. 
Security: Leasehold estate in land 81x 100'5” at Nos. 7 to 11 
East 44th Street, in Manhattan, New York City, and the 18- 
story office building erected thereon. Lease extends to 
1942, and is renewable for 21 years additional. Rentals 
under lease range from $35,000 to $50,000 per annum. 
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