Full text: Statistical manual

Earnings: The owner of the building does not give out data on 
earnings, but the deposits of principal and interest have 
always been promptly made, and $85,500 of principal 
amortized. The building is 100% rented at this time. 
Insurance Center Building 
(New York City) 
General Mortgage 61% Bonds with Stock 
Amount: $1,600,000; retired, $136,000; outstanding, $1,464,000. 
Dated: April 1, 1928. 
Maturity: April 1, 1943. 
Interest: April and October 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal—Penn,, Conn., Maryland, Ky., Va, D. of C, 
Redemption: Par. 
Trustee: Equitable Trust Company, New York. 
Stock Bonus: Each $1000 bond when issued carried a bonus of 
8 shares of common stock. 
Appraised May, 1928: 
Pease & Elliman Inc..ovvvvvvernnvnnenen.... $3,500,000 
Prior Lien, 5-yr. 5% to Central Union Trust Co. 1,800,000 
Equity .......... 1,700,000 
Assessed 1930 ..oiiiiiiiiieaeenes eeeees 2,400,000 
Security: Subject to above 1st mortgage, fee estate in land at 
No. 80 John Street, corner of Gold, 94-ft. frontage on John 
Street, 119.4 ft. frontage on Gold Street, 86.3 ft. frontage on 
Platt Street—and 25-story office building erected thereon— 
in the center of the downtown financial district. 
Record: Building came into full earning power in May, 1929. 
Since then, $136,000 in principal amount of these bonds have 
been retired. 
Price Range: Jan.-May, 1930—97-92, 
134 Waverly Place Apartments 
(New York City) 
First Mortgage Fee Sinking Fund 534% Bond Certificates 
Amount: $650,000. - 
Dated: April 16, 1928. 

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