Interest: April and October 1st.
Denominations: $1,000 and $500.
Taxes: 2% Federal--Penn.. Conn., Vt, Md, D. of C, Va,
N. H,, Mass.
Redemption: Sinking Fund 101—otherwise 102.
Trustee: Chatham Phenix National Bank & Trust Company.
Legal for investment of trust funds in New York.

Appraised: 1928
Kenneth Slawson Hobbs, Inc. ..............
J. Irving Walsh ...........
Assessed 1930: $1,300,000.
Security: Fee estate in land at the southeast corner Fifth
Avenue and 12th Street, 68x125, 8,500 square feet, and 16-story
 apartment building and penthouse erected thereon,
completed in October, 1929. Penthouse apartment occupied
by former Governor Alfred E. Smith.
Earnings: Building under operation only six months—present
rentals, $200,740; vacancies, $38,900; six months net, $169,-373;
 interest six months, $30,000.
Equity: This issue is followed by $150,000 614% general mortgage
 bonds.

60 Broad Street Building
(New York City)
First Mortgage Fee 6% Bond Participating Certificates
Amount: $1,195,000—outstanding $1,131,350.
Dated: February 1, 1927.
Maturity: February 1st, in years 1929 to 1939, inclusive.
Interest: February and August 1st.
Denominations: $1,000 and $500.
Taxes: 2% Federal and any State up to 5 mills, Mass., 6%.
Redemption: 103.
Trustee: Chase National Bank of New York.
Legal for trust funds in New York.

Assessed 1930: $1,700,000.
Security: Fee estate in land 47x100 at 60 Broad Street, between
 Beaver and Exchange Place, in the heart of the

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