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 run- 
ning 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 
oy