Redemption: As a whole at 101—for Sinking Fund 103 to 1930—
102 to 1940—thereafter 101.
Sinking Fund: Commenced December 1, 1926.
Trustee: New York Trust Company.
Legal for Trust Funds in New York.

Appraised:
Joseph P. Day, Inc., and Chas F. Noyes Co.... $2,130,000
Assessed 1930 ...cvirinririinirnnaereneeasess 1,300,000
Security: Fee in plot extending approximately midway between
Broadway and Nassau street, in the heart of the financial
district, with 77.5 ft. frontage on John Street (Nos. 17 to 23)
1354 ft. deep—area 10,490 sq. ft.—and the 15-story and
basement modern fireproof office building erected thereon,
having a rentable area of approximately 89,243 sq. ft.
Earnings:

Net income.......coevveeineennnn
Interest on bonds............

Times earned

1928
$102,327.66
81,750.00

18

1929
$129,937
81.291

18

10 East 40th Street Building
(New York City)
First Mortgage Gold Serial 6% Bond Certificates
Amount: $5,500,000.
Dated: Jan. 1, 1928.
Maturities: Semi-annually Jan. and July 1, 1931-1940.
Interest: January and July 1st.
Denominaticns: $1,000 and $500.
Taxes: 2% Federal—-D. of C. and any State tax up to 5 mills.
Redemption: 1933 at 102; thereafter at 101.
Trustee: Chase National Bank, New York.
Legal for Trust Funds in New York.

Appraised:
W. Albert Pease, Jr....... cov... $8,250,000
Assessed 1930 «vr rerieriinrensnaeeneeaasss 9,575,000
Security: Fee estate in approximately 15,000 sq. ft. of land running
 through city block at depth of 197% ft. with a street
frontage. of 74 ft. on East 40th Street and 75 ft. frontage on
East 39th Street between Madison and 5th Avenues, New

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