35th Street, and is improved with a 22-story loft building.
Earnings: From the completion of the building until June,
1929, all interest has been promptly paid, and $360,000 of
principal retired. The fiscal year will not end in time
for the last year’s earnings to be printed, but they are said
to be more than twice the interest charges.
Price Range: Jan.-May, 1930—96-8514.
Kenmore Hall
(New York City)
Guaranteed First Mortgage 6%
Amount: $875,000; outstanding, $845,500.
Dated: July 1, 1927.
Maturity: July 1, 1929 to 1938.
Interest: January and July 1st.
Denomination: *$1,000, $500 and $100.
Taxes: 2% Federal-—Any state or District of Columbia per-
sonal property tax up to 5 mills, or income tax up to 6%.
Redemption: July 1, 1933 to 1936, 104—thereafter 103.
Trustee: Bank of the United States, New York.
Legal for Trust Funds in New York.
Appraised:
Fredk. Fox & Co.o..ovvvvvenininnnen oven. $1,593,500
Gaines Van Nostrand & Morrison, Inc....... 1,600,000
Trend Realty Company, Inc................ . 1494277
Assessed 1930, Land and Building.......... 1,000,000
Security: Fee estate in land 78x 9834 on north side of East
23rd Street, east of Lexington, and the 22-story residential
club hotel erected thereon completed in fall of 1928.
Earnings:
1829 net available for interest and amortization $176,300
Interest and amortization... . te... 8301250
Lefcourt Empire Building
(New York City)
First Fee 534% Serial Bonds
Amount: $800,000; retired, $28,500; outstanding, $771,500.
Dated: June 15, 1928.
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