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 mort- gage 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, be- tween Beaver and Exchange Place, in the heart of the 40