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,
Mass.
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.

RM