2-8 West 46th Street Building.
(New York City) :
First Fee 6% Serial Bonds
Amount: $1,200,000; retired $113,500; outstanding $1,086,500.
Dated: August 23, 1923.
Maturities: August 15, 1924, to 1938,
Interest: February and August 15th.
Denominations: $1,000 and $500.
Taxes: 2% Federal.
Trustee: Nicholas Roberts.
Appraised (appraiser not named): $1,800,000.
Assessed, 1930: Land and building, $1,425,000.
Security: Fee estate in plot 100 x 100.5, on the south side of
46th Street (about 100 feet from Fifth Avenue). and the
16-story office and store building erected thereon.
Earnings: These bonds are the obligation of Fifth Avenue &
Forty-sixth Street Corporation, owned and controlled by
Luigi Gerbino, 56 West 45th Street, New York City. Information
on earnings withheld.
616 Madison Avenue Apartment Hotel
(New York City)
First Mortgage 6129, Serial Bonds
Amount: $3,100,000; matured $215,000; outstanding $2,885,000.
Dated: October 1, 1923.
Maturities: October 1, 1927, to 1938.
Interest: April and October 1st.
Denominations: $1,000, $500 and $100.
Taxes: 2% Federal.
Redemption: 10215,
Trustee: Nicholas Roberts.
Appraised (appraiser not named): $4,136,500.
Assessed, 1930: Land and building, $3,575,000.
Security: Fee estate in plot 100.5 x 145—14,500 square feet at
the northwest corner of Madison Avenue and 58th Street,
and the l14-story apartment hotel erected thereon.
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