Earnings: Net earnings avail- Interest Times Amount 
Year able for interest Charges Earned Amortized 
1928 . . $408,221.24 $210,000 1.94 None 
1929 . 423,140.35 207,200 2.04 $70,000 
New York Title and Mortgage Company 
5%% Guaranteed First Mortgage Certificates 
These certificates are issued by New York Title and Mortgage 
Company, and evidence ownership of participation or share 
in bonds and mortgages constituting first liens against 
specific parcels of real estate. In addition to the real estate 
pledged, these certificates are guaranteed by New York 
Title and Mortgage Company. 
In lieu of the earnings of any particular property, we give the 
net profit of the guarantor for— 
JIT cevivninsavnnanananseses $8,027,861 
1928 .... Cee... 6,828,073 
1929 ...oiiiiiiiieiiiiee... 6,486,755 
and capital, surplus and undivided profits as reported in 
1929, $63,249,681. 
Legal for Trust Funds in New York. 
Some properties against which these certificates are issued are: 
Manhattan, N. ¥. City Interest Maturity 
104-110 West 86th St. Apr. and Oct. 1st 1934 
144-150 West 86th St. Apr. and Oct. 1st 1934 
Piccadilly Hotel, 227 W. 45th St. Jan. and July 1st 1938 
307-317 West 38th St. Feb. and Aug. 1st 1932 
307-313 East 72nd St. Apr. and Oct. 1st 1934 
340 Riverside Drive Apr. and Oct. 1st 1936 
350 Central Park West Apr, and Oct. 1st 1938 
825 West End Avenue Apr. and Oct. 1st 1933 
975 Park Avenue Apr. and Oct. 1st 1934 
330-342 West 38th St. Mar. and Sept. 1st 1934 
Hotel Governor Clinton 
(New York City) 
First Mortgage Fee Series A 1948 Sinking Fund Gold 6% 
Amount: $5,000,000. 
Dated: April 16, 1928. 
2(Q